Last February, Thornwood developer Spence Ray told the Memphis Business Journal that the project’s 250-unit apartment complex and 148,000-square-foot mixed-use building were set to open by the end of summer 2018. That didn’t quite happen. “With the weather and the type of construction it is … we didn’t have our arms around the schedule as … Read more
A 37-unit condo building is planned in Virginia-Highland along the Atlanta Beltline. Architecture firm Square Feet Studio submitted a rezoning request for the project at 675 Drewry Street. It would take the site of a low-rise warehouse that currently houses studio space and would sit across the Beltline trail from the Home Depot store at … Read more
The developer that just bought 204 acres next to Chatham Park plans to ask the town of Pittsboro for mixed-use zoning on the site.
The city’s planning, design and development department is heading up a lobby renovation of the Charlotte Mecklenburg Government Center in uptown to build a “one-stop shop,” where a staff member from city departments involved in the often permitting process will be available to work with developers. The goal of the project in the city’s adopted … Read more
In January 2018, the Ocean Resort Casino had a new owner who called the more than $200 million purchase of the vacant former Revel a “dream come true.” A year later, Bruce Deifek is reportedly ready to hand the keys to the casino over to a new majority ownership group. The Associated Press reported last … Read more
The city of Cincinnati laid out conditions for its participation in the next phase of the Banks riverfront development – mainly that the county initially pay the total cost of the parking garages that need to be built to lift a potential music venue and park out of the floodplain. City Manager Patrick Duhaney described … Read more
Jackson, Mich.-based Alro Steel Corp. purchased the plant, 4343 S. Sixth St., for $7.1 million in a transaction that closed Jan. 10.
Sen. Kirsten Gillibrand, a Democrat who just won a second-term as New York’s junior senator, hasn’t announced whether she’s running for president. But she has taken steps in recent days, including hiring new aides, that have heightened speculation she will make a bid for the White House.
Cincinnati Center City Development Corp. is redeveloping a critical corner in Over-the-Rhine where it will add a mix of market-rate and affordable housing as well as commercial space.
Residents are moving into East Franklinton’s newest space. The $40 million River & Rich development features studio, one-bedroom and two-bedroom apartments from 501 square feet to 1,414 square feet that cost $959 to $2,349 a month. The space also features a small number of live-work units. River & Rich will have 230 one- and two-bedroom … Read more
A 10-foot-tall, street-legal shopping cart was on hand as the e-commerce company cut the ribbon.
A London real estate firm has made its first hotel acquisition in Miami.
A Triad shopping center has been purchased by a familiar owner of Triad commercial property. The Bedrin Organization of New Jersey purchased Club Haven in Winston-Salem for $7 million in a deal that closed Thursday. The shopping center is the 10th in the Triad owned by Bedrin, which acquired Gate City Shopping Center and Hunt … Read more
Cincinnati City Councilman David Mann is asking the Historic Conservation Board to make the Terrace Plaza Hotel a local historic landmark. Mann filed an application for local historic designation for the building, located at 15 W. Sixth St. The local historic designation would add a layer of protection to the building, Mann said. “It helps … Read more
Over 300 apartments could be built if this lake was partially filled.
The project cost would exceed $100 million.
A commercial real estate firm in Winston-Salem that’s active in the healthcare space has made yet another multi-million dollar purchase. Medical Realty Advisors II LLC bought the building at 137 Mount Calvary Road in Thomasville from Davidson Professional Center LLC for $1.9 million, according to a deed filed with the Davidson County Register of Deeds. The … Read more
Financial services firm Equiniti expects to create 180 jobs in a call center it will open on Milwaukee’s northwest side.
Brandon Judd, president of the union that represents thousands of border patrol agents, has flipped the axiom that there are no winners in a government shutdown.
Avalon announced in June that it would be converting the project, which opened in 2016 with a total of 269 rental units, including 56 affordable units,
Jair Lynch Real Estate Partners’ $60 million eNvy condo project is set to come online by the end of the year, offering the only for-sale residential product as close to Nationals Park as you can be without sitting in right field. The D.C.-based developer recently poured the fifth floor of its 11-story condo building at … Read more
As the vacancy rate in Baltimore’s central business district posts at a record 33 percent, a lease renewal at 2 N. Charles St. has prompted a sense of optimism. The law firm of Franklin & Prokopik PC inked a deal this month to expand onto another floor and renew its lease totaling more than 37,000 … Read more
Ugo Colombo and Shoma Group have been in litigation over this property for years.
At Home, the big-box home décor store, will open its first Loudoun County outpost at the Peterson Cos.’ Compass Creek development. The 88,000-square-foot At Home (NYSE: HOME) will be located along Compass Creek Parkway, south of Battlefield Parkway, adjacent to a massive, 194,000-square-foot Walmart (NYSE: WMT) supercenter scheduled to open this year. Across Compass Creek … Read more
Will Whole Foods Markets take over some of the vacated spaces left by closed Sears and Kmart stores? It’s being considered, according to reports. According to YahooFinance, the Austin, Texas-based grocery store chain, now owned by Amazon.com Inc. (Amazon acquired Whole Foods in 2017 for $13.7 billion), is looking at moving into empty commercial real … Read more
Major job cuts or an alliance with other automakers are not in the plans for Italian-American automaker Fiat Chrysler, the company’s new CEO says.
The world’s thirst for fresh water is causing a salty problem.
Will Whole Foods Markets take over some of the vacated spaces left by closed Sears and Kmart stores? It’s being considered, according to reports. According to YahooFinance, the Austin, Texas-based grocery store chain, now owned by Amazon.com Inc. (Amazon acquired Whole Foods in 2017 for $13.7 billion), is looking at moving into empty commercial real … Read more
London-based Autolus Therapeutics said Monday it plans to create up to 170 jobs at its new U.S. headquarters and manufacturing facility in Rockville over the next three years and invest about $28 million in the 85,000-square-foot project planned for the Shady Grove Life Sciences Center. The project will get a boost from a $200,000 Economic … Read more
For the third straight year, Baltimore is No. 1 on Orkin’s list of the top 50 cities for bed bugs. The list is based on treatment data from the metro areas where Orkin performed the most bed bug treatments from Dec. 1, 2017 – Nov. 30, 2018. The ranking includes both residential and commercial treatments. Washington, D.C., again … Read more
The firms said the merger will help them land larger urban mixed-use, higher education, civic, cultural and corporate projects.
Under various entities, one company has been for decades and remains a large landowner in the area.
Milwaukee-area real estate executive and community volunteer Linda Gorens-Levey is among the group of four Milwaukee-area business executives who will be inducted this year into the Milwaukee Business Journal’s 40 Under 40 Hall of Fame.
Developer closes on buy and takes out $21.8 million mortgage to convert 21-story building into 150 apartments.
A leading House Democrat is announcing a sweeping investigation of the pharmaceutical industry’s pricing practices.
Egypt has hosted its first ever regional gas forum with several government delegations attending including the Israeli Energy Minister, in the first such official visit since its 2011 Arab Spring uprising.
Houston-based Pelican Builders Inc. has received a loan to buy land for a new condominium tower in the Galleria-Tanglewood area. Mission Capital Advisors’ Debt and Equity Finance Group arranged a $7.3 million non-recourse land loan for Pelican’s acquisition of 5656 San Felipe St., according to a press release. The 1.26-acre site currently houses several small … Read more
Famed pornography producer and first amendment advocate Larry Flynt made an Albuquerque appearance Saturday to kick off the opening of his new Hustler Hollywood adult retail shop. Dozens of people lined up to meet the 76-year-old Flynt, some waiting for over an hour. While many brick-and-mortar chains are struggling, Vice President of Retail Philip Del … Read more
Amazon.com Inc. wants to take over about 10,000 square feet in the Chrysler Building. The Seattle-based e-commerce giant (NASDAQ: AMZN) — which already has N.Y.C. space at Hudson Yards and, potentially, in Long Island City — is close to leasing a large store in the renowned Midtown Manhattan skyscraper. The news, first reported by the … Read more
As a master plan development in Sacramento County takes comments for an environmental impact report, a planner and developer for the project believe they’ve addressed environmental concerns that slowed progress before.
Rank Date of sale Sale price in 2018 Address County List price Year built/style Description/style
Asian markets bounced back from slight early losses on Tuesday after senior economic officials said Beijing will cut taxes and keep monetary policy flexible to help weather China’s slowdown.
London-based Autolus Therapeutics said Monday it plans to create up to 170 jobs at its new U.S. headquarters and manufacturing facility in Rockville over the next three years and invest about $28 million in the 85,000-square-foot project planned for the Shady Grove Life Sciences Center. The project will get a boost from a $200,000 Economic … Read more
The store’s owner said he would like to retire.
U.S. Sen. Kirstin Gillibrand picked a historic building on a prominent corner of downtown Troy as the headquarters for a presidential election campaign if she announces a run for the White House. The Albany Business Review learned Gillibrand, a Democrat, chose office space inside the Frear Building at the corner of Fulton and Third streets. … Read more
British Prime Minister Theresa May’s Brexit divorce deal may not be, as one opposition lawmaker called it, “as dead as the deadest dodo,” but it is definitely ailing.
Nearly half of the Greater Bay Area hotels under construction are in Santa Clara County.
The project should be completed by 2020 and is gutting the apartments, which have been in a subpar condition.
After years of being overshadowed by the likes of Apple and Alphabet, real estate funds have lately edged ahead of the overall stock market by betting mainly on old-fashioned assets like office buildings, malls and warehouses.
Roy Carroll won’t build the hotel near the BB&T Point stadium in downtown High Point after all, according to a report in the High Point Enterprise. The report says the Carroll Cos. of Greensboro is no longer involved in the $17 million, 120-room hotel that leaders of the downtown redevelopment initiative hope to open in … Read more