In an effort to serve the needs of a burgeoning subsector of the tech industry, the New York City Economic Development Corp. plans to launch a blockchain resource center. And it’s set to launch this week. Blockchain Center in Manhattan debuted on Thursday as part of a partnership with affiliates of venture-capital fund FuturePerfect Ventures … Read more

Complications with contamination and historic structures have made the long-vacant site a challenge to develop. But GE has teamed up with a new developer who has ambitious plans for the property.

The Arizona Attorney General sued the Arizona Board of Regents on Thursday looking to block Arizona State University’s practice of allowing developers to build on the university’s tax exempt land. The case, filed in Arizona Tax Court, seeks to end the practice allowed by the regents, which is the governing body of the state’s three … Read more

Austin-based Hopdoddy Burger Bar Inc. is on a roll in Houston. The popular burger chain opened its fourth and fifth Houston-area locations within the past few months and will open its sixth later this month. The Heights Waterworks location in Houston is set to open Jan. 21, according to a Thursday announcement. Hopdoddy has a … Read more

A proposed $65.5 million settlement for low-paid child care workers from around the world would be divided up under a formula after a judge decides whether the agreement is fair, a conclusion that could take several months to reach.

The waiting game continues for progress on the $1.6 billion overhaul of Kansas City International Airport after a meeting Thursday where airport representatives couldn’t offer an updated timeline for the completion of an agreement between the airlines on how to split the cost of the project.   Aviation Director Pat Klein said the decision now … Read more

Simpson Construction Services to move from west Wichita to Delano.

Hedge fund manager Eddie Lampert has increased his bid for Sears Holding Corp. Through ESL Investments, Lampert met a 4 p.m. deadline on Jan. 9, reportedly making a $5 billion bid. Sears, a 126-year-old retailer, filed for bankruptcy protection on Oct. 15. If it were to liquidate, hundreds of stores would close, and thousands of … Read more

“Investor demand for industrial is robust and perhaps the strongest I have experienced in Houston over the last decade.”

IMPRINT Hospitality, a Denver-based hotel management company, has acquired the Historic Taos Inn, the company announced in a press release this week. IMPRINT will take over management at the Inn and begin a 24-month renovation plan for the property. “We are planning many updates for the accommodations and the beloved Doc Martin’s Restaurant,” said Matt … Read more

Legacy West has swapped out plans for a hotel within its next phase, opting instead for office space, according to a report from the Dallas Morning News. What was previously announced as a boutique hotel with retail space has been tweaked to include 87,000 square feet of office space and more than 24,000 square feet … Read more

Two key players behind Drexel Town Square in Oak Creek could soon be hired to envision a redevelopment of Racine’s Regency Mall area as a similarly-styled town center with a mix of attractions, including housing.

BlackRock Inc., with a major office in San Francisco, is cutting about 500 jobs as part of an effort to streamline parts of its business. The New York-based money manager (NYSE: BLK), touted as the biggest with $6.4 trillion in assets under management, began laying off staffers Thursday, according to The Wall Street Journal. The cuts … Read more

A look at Denver-area commercial real estate transactions from the past week.

Prospects for future Bay Area hotel development look good after last year’s surge in hotel proposals and construction projects,

Over 300 units are now under construction.

The LLC recently purchased Apple Rock’s original home at 1200 Eastchester Drive in High Point for $951,000.

United Properties will be allowed to build a covered hotel vehicle entrance and sky-high sign for RBC Wealth Management on its planned downtown Minneapolis tower thanks to a decision by the Minneapolis Zoning and Planning Committee Thursday. The committee overruled several conditions that were placed on United Properties in its years-long effort to build what … Read more

Austin-based Hopdoddy Burger Bar is on a roll in Houston. The popular burger and beer joint opened its fourth and fifth Houston-area locations within the past few months and will open its sixth later this month. The Heights Waterworks location is set to open Jan. 21 at 11 a.m., according to a press release. It’s … Read more

A building permit valued at $300,000 has been filed for a popular restaurant’s new Wolfchase location. Soul Fish Café, which is known for its fried catfish and fresh vegetables, will open its fourth Memphis-area restaurant at 8413 U.S. 64 in the Wolfchase Galleria-area. The restaurant will be directly east of an existing McAlister’s Deli and … Read more

The homes are priced from $589,900.

The empty hallways and storefronts of the Morrisville Outlet Mall near Raleigh-Durham International Airport could soon get a makeover.

The Triangle’s commercial real estate scene has a new recruit. Ron Francis, who played 23 seasons in the National Hockey League and became general manager of the Carolina Hurricanes, is changing careers. He will join NAI Carolantic Realty, which Chairman Steve Stroud founded in 1972. “It’s been a long time since I’ve been the rookie,” … Read more

This company has been eyeing Orlando for four years, seeing the city grow as a hot spot for entrepreneurs.

Opportunity zones are expected to be one of the hottest topics in Birmingham’s business world in 2019. The new program, which is part of the federal tax reform package, allows individuals or corporations to roll unrealized capital gains into opportunity funds that can be used for investment in startups and small businesses, as well as real … Read more

Every year, the CES gadget show brings more devices promising to make life a little bit easier for harried parents.

Treasury Secretary Steven Mnuchin plans to tell lawmakers in a classified briefing Thursday that the Trump administration will keep strict U.S. sanctions on the Russian oligarch Oleg Deripaska and any companies he owns.

A Dayton-area bank is rebranding and will soon open its fourth location. New Carlisle Federal Savings Bank plans to build a second branch in Springfield on North Limestone Street. The 5,500-square-foot new building will be about a $2 million investment, according to NCF Savings Bank Marketing & Community Development Manager Jordan Tyler. The branch is … Read more

As the development team comes together on the look for the new Hilton Columbus Downtown expansion, the plan to finance the project also is being refined. The Franklin County Convention Facilities Authority has approached Columbus and Franklin County officials with its plans to finance the $210 million, 28-story hotel tower with two sets of 30-year … Read more

The Jeffersontown hotel and conference center has had a difficult financial past under numerous owners and flags.

Giant Food Stores is scheduled to open its first Heirloom Market, a new grocery concept, at 2303 Bainbridge St. in the Graduate Hospital neighborhood of Philadelphia on Jan. 25.  The company announced last fall that it intended to open the store at that location but had not scheduled a date. The Bainbridge store will total … Read more

Harbor Freight Tools has a 15-year lease for the 15,000-square-foot store, which opened in fall 2017.

Amazon.com Inc. will not have a problem finding qualified employees for its Arlington headquarters campus, according to a new survey. Actually, it might have to turn people away. Arlington, Virginia-based Eagle Hill Consulting enlisted Ipsos to survey a random sample of 1,007 Greater Washington workers on aspects of the HQ2 announcement and its impact on … Read more

New tenants have signed leases at Canton’s Can Company in the wake of a gussy up at the development by its new owners. The deals will bring the 205,865-square-foot retail and office complex at 2400 Boston St. to almost full capacity, a spokesman for property manager and part-owner MCB Real Estate said Thursday. One of … Read more

“This is going to clean up basically all the blight that is left between South City and Downtown.”

It was the hefty incentives package that North Carolina, Charlotte and Mecklenburg County put on the table that ultimately sealed the deal for Fortune 100 electronics manufacturer Honeywell International Inc. to relocate its headquarters to the Queen City. That’s not exactly new information. But public records submitted to Charlotte Business Journal from the N.C. Department … Read more

California Gov. Gavin Newsom released a state budget proposal Thursday that seemingly does it all — boosts spending toward his ambitious campaign promises and sets aside significant contributions toward debts and savings.

Hedge fund manager Eddie Lampert has increased his bid for Sears Holding Corp. Through ESL Investments, Lampert met a 4 p.m. deadline on Wednesday in which a $5 billion bid was made, reports say. Sears, a 126-year-old retailer, filed for bankruptcy protection on Oct. 15. If it were to liquidate, hundreds of stores would close … Read more

BlackRock Inc. is cutting about 500 jobs as part of an effort streamline parts of its business. The New York-based money manager (NYSE: BLK), touted as the biggest with $6.4 trillion in assets under management, began laying off staffers Thursday, according to The Wall Street Journal. The cuts make up roughly 3 percent of BlackRock’s more … Read more

What Shipt’s new downtown lease means for the future of Birmingham office real estate.

Seven years, $765 million — here’s what’s happening with phases I and II of National Western Center redevelopment.

Thomas Brophy has been named research director for the Colliers International Arizona office. “Tom brings an exciting level of expertise and energy to our team,” said Bob Mulhern, senior managing director of Colliers International in Arizona, in a statement. “His creative outlook on the future of data synthesis will significantly enhance our client service in … Read more

Nominations are being accepted online for the San Antonio Business Journal’s 2019 Building San Antonio Awards. The inaugural Building San Antonio Awards will be held May 9; the time and venue are to be determined. This new event aims to celebrate excellence in commercial real estate development in 2018, including those in professions vital to … Read more

What Shipt’s new downtown lease means for the future of Birmingham office real estate.

The coworking space provider is D.C.’s largest private tenant.

Hedge fund manager Eddie Lampert has increased his bid for Sears Holding Corp. Through ESL Investments, Lampert met a 4 p.m. deadline on Wednesday in which a $5 billion bid was made, reports say. Sears, a 126-year-old retailer, filed for bankruptcy protection on Oct. 15. If it were to liquidate, hundreds of stores would close … Read more

Scorecard checks back on our headlines from a year ago. This is an update to the Dec. 4, 2017, story “Charlotte developer pursues huge site owned by prominent Nashville investor.”

Federal Reserve Chairman Jerome Powell said Thursday that the central bank has the ability to be “patient” in determining when to hike interest rates.

A day of back-and-forth trading Thursday ended with the fifth gain in a row for U.S. stocks. Industrial companies like Boeing and General Electric rose while retailers fell as Macy’s suffered its biggest loss of all time.

Fiat Chrysler agreed on Thursday to pay hundreds of millions of dollars, including a $300 million fine to the U.S. government, to settle allegations that the Italian-American automaker cheated on emissions tests.