Exclusive: Bay Area tech tenants doubled real estate footprint in the last decade

In less than a decade, the tech industry doubled its real estate footprint in the Bay Area growing to 200 million square feet of office and research and development space, according to a report from brokerage firm CBRE. That means the industry occupies 42 percent of the region’s total office and R&D space. The Bay … Read more

NFTA seeks proposals for historic DL&W Terminal

The Niagara Frontier Transportation Authority has taken the first step toward the oft-discussed redevelopment of the historic DL&W Terminal, the Buffalo River landmark that could serve as a bridge linking Canalside with the city’s Cobblestone District. The NFTA late Tuesday issued requests for proposals to the development community, with bids due back by Feb. 19. … Read more

Exclusive: Bay Area tech tenants doubled real estate footprint in the last decade

In less than a decade, the tech industry doubled its real estate footprint in the Bay Area, growing to 200 million square feet of office and research and development space, according to a report from brokerage firm CBRE. That means the industry occupies 42 percent of the region’s total office and R&D space. The Bay … Read more

FC Cincinnati breaks ground on $250M stadium: PHOTOS

Ground has finally been broken – at least in a ceremonial sense – on FC Cincinnati’s $250 million soccer stadium in the West End. The team poised to move up to Major League Soccer as an expansion franchise next season held the groundbreaking ceremony on Tuesday afternoon with several hundred fans in attendance and a … Read more

Kolter moves forward with 21-story Bayshore condo tower (New rendering)

The 21-story condo tower a South Florida developer proposed on Bayshore Boulevard is moving forward as Hyde Park House. Kolter Group, based in West Palm Beach, has filed a site plan for the project with the city and anticipates a decision on the proposal from the Architectural Review Commission in early February, said Truett Gardner, … Read more

'Let's stop fighting:' EPE offers the City of Memphis a peace offering (Updated)

Joel Weinshanker, the head of Elvis Presley Enterprises, appeared to offer the City of Memphis a peace offering during Tuesday’s Memphis City Council meeting. “Let’s take a step back and allow the people who really care about Memphis to see if we can come to an agreement in the next 30 days,” Weinshanker said. “We’re … Read more

The most popular Bay Area real estate stories of 2018

Looking back on our Bay Area real estate coverage this past year reconfirmed that readers love superlatives. The most popular stories (as measured by online traffic) touched on blockbuster leases, record-breaking office sales, ultra-expensive homes and transformative megaprojects. Readers were also fascinated with skyrocketing construction costs and how they shaped what did — and didn’t … Read more

Vatterott closure affects three local campuses, including L'Ecole Culinaire

Vatterott Educational Centers Inc. said Monday that all its locations, including three in the Memphis area, would close, effective immediately. The private chain of vocational schools said in a letter to students that changes in “economic and regulatory conditions in recent years” prompted the move. It said it couldn’t continue operations “under these restrictions” and … Read more

Land passes from Blue Star to Northland Properties for new Las Colinas hotels

Northland Properties, a Canadian company headed by Dallas Stars owner Tom Gaglardi, is planning two hotels in Irving. As reported by the Dallas Morning News, Northland has purchased 7.5-acre sites for the lodgings at a 36-acre mixed-use project on the corner of State Highways 141 and 161 in the Las Colinas neighborhood. The acreage is … Read more

You'll never guess how much Texas is ponying up for Apple's $1 billion campus in Austin

Texas once again opened the checkbook to win an economic development prize from California. In the latest foray from the Lone Star State, Williamson County leaders have approved incentives for the large campus that Apple Inc. (NASDAQ: AAPL) plans to build in North Austin. County commissioners voted unanimously Tuesday to enter into a so-called Chapter … Read more

Sugar Hill Capital Partners buys Harlem apartment buildings for $250 million

A massive portfolio of Harlem apartment buildings has been sold for more than $250 million. According to The Real Deal, Sugar Hill Capital Partners bought a collection of about 50 buildings, all located north of the northwest corner of Central Park. Jay Solomon, Sugar Hill’s chief creative officer, told the publication: Sugar Hill also owns … Read more

JPMorgan Chase files plans to extend Legacy West campus

About a year after wrapping up the first phase of its 1 million-square-foot regional office project at Legacy West, JPMorgan Chase & Co. plans to expand its campus. According to a report from the Dallas Morning News, JPMorgan Chase (NYSE: JPM) filed preliminary plans for the hub’s second phase with Plano’s planning and zoning department. … Read more

D.C. Council approves TIF financing for MidCity's Rhode Island Avenue project

The D.C Council voted in unanimous support of a TIF bond to fund up to $47 million in public infrastructure for a 1.9 million-square-foot mixed-use Rhode Island Avenue project in Ward 5. The vote hands a victory to developer Bethesda-based MidCity Financial Corp., which has been working for years to drive the mixed-use project forward. … Read more

Business communications firm relocating its headquarters within Plano

A North Texas business communications company is relocating its headquarters within the Plano market. Mitel announced it will move its U.S. corporate office from 5850 Granite Parkway in Plano to The Campus at Legacy, located at 5360 Legacy Drive in Plano. It will occupy 82,464 square feet at the development. “As Mitel continues to drive … Read more

Alexandria just approved this huge development near Landmark Mall

One piece of major redevelopment slated for Alexandria’s west end got the go-ahead from the City Council on Saturday, though the project isn’t likely to start anytime soon.  The council unanimously approved the first phase of Pickett Place, which Greenhill Capital Corp. plans to develop at South Van Dorn Street, Edsall Road and South Pickett … Read more

Katy Boardwalk District developers unveil plans for hotel, more

Developers behind Katy Boardwalk District have shared more plans for the long-awaited mixed-use project.  Preliminary plans for the Katy Boardwalk District were released in January 2015, but the project has changed substantially since then. The 169-acre development near Katy Mills mall will include a full-service conference center hotel, a residential component, retail and office space, … Read more

Task force to present recommendations for Dayton Convention Center's future

A local task force will present its recommendations for the future of the Dayton Convention Center at a city meeting this week. The Dayton Convention Center Task Force has completed a year-long effort to recommend possible outcomes for the site, and will present its findings to the Dayton City Commission at a meeting Wednesday. The … Read more

Rays officially tell St. Pete they're done looking at stadium sites in Tampa

The Tampa Bay Rays have officially ended the agreement with St. Petersburg that allows the team to scout stadium sites in Hillsborough County. The Rays’ general counsel sent Mayor Rick Kriseman a letter on Dec. 17 stating that the team was terminating its memorandum of understanding with St. Pete. The letter is a formality after … Read more

Louisville nonprofit launches capital campaign for new HQ, rehab center

A Louisville nonprofit that specializes in the treatment, rehabilitation and placement of abused and neglected animals is looking to establish a new rescue complex in Louisville’s East End that will allow it to take on more animals in need. The Arrow Fund Inc. recently launched a $1.5 million capital campaign to build a new facility … Read more