Empire State Development will provide the funding to Redburn Development, which recently closed on the purchase of the mostly-vacant properties, including the historic Kenmore Hotel, Steuben Athletic Club and the parking garage where Capital Repertory Theatre is located.
Williams & Connolly LLP has signed on as an anchor office tenant in the second phase of The Wharf, a major win for developer Hoffman-Madison Waterfront as it prepares to break ground on the next installment of its Southwest waterfront mixed-use project. The high-powered law firm, which has represented notables including President Bill Clinton and … Read more
It’s near a pair of resort properties that were sold for a reported $600 million.
GateHouse Media has applied for a permit for the build-out of the future Florida Times-Union office space on the second story of the Wells Fargo tower downtown. The build-out of the 25,282-square-foot space is valued at $45,858, according to the permit. Work on the project includes drywall, painting, flooring, plumbing and electrical. Dav-Lin Interior Contractors … Read more
City officials believe the struggling enclosed mall should be reinvented.
The site was previously a school.
The expansion is part of an increased investment by the Japanese company in U.S. facilities in Mesa and Rhode Island.
His curiosity was untethered. His ambition was boundless. Paul Allen left an indelible mark on Seattle with a legacy that defies any one label.
The leader of Belarus on Friday accused some politicians in Russia of floating the prospect of incorporating his nation, and vowed that he wouldn’t let it happen.
Johnson & Johnson is forcefully denying a media report that it knew for decades about the existence of trace amounts of asbestos in its baby powder.
New ownership preparing to bring Cool Valley formula with new 80,000-square-foot athletic dome at WIldwood Sports
The Joseph’s Village senior living apartment complex in West Palm Beach was sold for $21.4 million, five years after the property was foreclosed upon. The 252-unit apartment complex was sold by 2210 N. Australian Ave LLC, managed by Scott Daiagi in Oakland Park, to GPAI Uptown 22 LLC, an affiliate of Denver-based apartment investor Grand … Read more
The student housing division of national homebuilder Toll Brothers has formed a partnership to build an apartment project near Florida International University in Sweetwater. The Horsham, Pennsylvania-based developer (NYSE: TOL) plans the project on the 1.72-acre site on the southeast corner of Southwest 110th Avenue and Southwest 7th Street. The property at 705 and 795S.W. … Read more
About 400 people packed The Pfister Hotel Friday morning for the Milwaukee Business Journal’s latest Power Breakfast event, which featured a conversation with billionaire business exec and Milwaukee Bucks co-owner Marc Lasry. Lasry, who took ownership of the team four years ago with a group of co-investors, talked with Milwaukee Business Journal editor-in-chief Mark Kass … Read more
The $450 million development taking shape at the site of Nashville’s former convention center will officially include two popular locally based restaurant chains, the project’s developers confirmed today. OliverMcMillan and Spectrum | Emery LLC, the development partnership spearheading the 6.2-acre Fifth + Broadway mixed-use project, announced plans for Hattie B’s Hot Chicken and Slim & … Read more
A new charter school in Baltimore County is readying to welcome its first classes of kindergarten, and first, second and third grade students by next September. Watershed Public Charter School has found a 10-acre site in Woodlawn and is customizing the grounds to fit its specific mission. It will open next fall at the former … Read more
The sanctuary of the historic, 145-year-old church in Northside where Urban Artifact brewery is located is being renovated and turned into an events center to host weddings, concerts and other community events. The former St. Patrick’s Church, 1662 Blue Rock St., received $159,000 in state historic tax credits toward the $1.1 million project. The project … Read more
A Cincinnati real estate developer plans to restore two historical buildings in Over-the-Rhine.
One industrial park in the Katy area has been called off, but another one nearby is about to break ground. Houston-based Hines has canceled plans to develop Pintail Crossing with land owner Katy Partners Ltd., Community Impact reports. Plans for the 150-acre Class A business park were announced in May. The Houston Business Journal reached … Read more
One tech giant strung dozens of North American cities through a circus-like contest that led mayors and governors to desperately pitch their regions — and offer huge sums of public money — in hopes of landing a gleaming new corporate campus. The other swept in quietly before making its big move.
One of the largest money management firms in Greater Cincinnati is moving and expanding its headquarters.
Combined Properties Inc. has started construction on the South Alex development in the Alexandria section of Fairfax County. The $135 million, 502,000-square-foot mixed-use development will feature 400 apartment units and more than 43,000 square feet of retail, anchored by a 20,000-square-foot Aldi store. Apartments at South Alex will range from $977 to $2,665 per month. … Read more
Developers are asking the Center City Development Commission for $700,000 to help fund a park on an abandoned rail spur.
How ecommerce companies obtain urban real estate ideal for delivering the last mile of the supply chain.
133 acres would be turned into an office campus for the iPhone maker, with more than a third preserved as green space.
WeWork has made it official: The coworking space provider is expanding, in a big way, into Rosslyn. Its newest location, expected to open in the second quarter of 2019, will include more than 1,400 desks across four floors of JBG Smith Properties’ CEB Tower, 1201 Wilson Blvd. The WeWork space includes a 3,000-square-foot terrace on … Read more
The future Seaport District headquarters of Alexion Pharmaceuticals (Nasdaq: ALXN) and PTC (Nasdaq: PTC) has sold for $455 million to a joint venture of American Realty Advisors and Norges Bank Real Estate Management. The seller was Skanska USA Commercial Development, which built the 17-story, 450,000-square-foot elliptical building at 121 Seaport Blvd. Skanska acquired the land … Read more
The United States and Canada moved Friday to ease tensions between them over the case of a top Chinese technology executive whose arrest by Canadian authorities has sparked a diplomatic crisis entangling the three countries.
Facebook’s privacy controls have broken down yet again, this time through a software flaw affecting nearly 7 million users who had photos exposed to a much wider audience than intended.
The building had been facing foreclosure, but the new owners say they will make improvements to reposition it as one of downtown Louisville’s premier office buildings.
The Silicon Valley Business Journal got an inside look at the new AC Hotel in Silicon Valley — the first of four new properties from the business travel-focused brand coming to the area — before its official opening on Monday. The hotel at 597 E. El Camino Real is owned by T2 Hospitality, a Newport … Read more
The consensus among area owners and real estate developers is that Atlanta remains a healthy market for urban development, and strong economic fundamentals point to continued growth in urban submarkets for the foreseeable future. A simple drive through Atlanta’s urban core and around the perimeter would more than support this bullish contention. Juneau Construction Company … Read more
How ecommerce companies obtain urban real estate ideal for delivering the last mile of the supply chain.
2019 could bring the first new addition to Columbus’ skyline in over a decade. The last addition to downtown’s high-rise profile came after the completion of the 20-story Condominiums at North Bank Park a decade ago, and before that, it was the 26-floor Miranova Condominiums. Developers had wondered aloud if Central Ohio would ever see … Read more
The combined assets were last assessed by the Bexar County Appraisal District for just under $24 million.
A record number of companies are leaving California for states with a better business climate, and a new report shows that Texas remains their No. 1 destination.
“There will be plenty of qualified developers who will be interested,” David Cordish said of the plan.
Homeowners appear to have learned the lesson of the Great Recession about not taking on too much debt. There is some concern that Corporate America didn’t get the message.
The Latest on the U.N. climate meeting (all times local):
Among the takeaways: Sacramento is expected to grow at twice the national rate, and could benefit from companies moving here as well because of cheaper costs.
The opening of the Alexander Brown Restaurant, slated for early 2019, was a driving force behind the organizational change.
Several restaurant and bar concepts have been named for a large mixed-use redevelopment project in the Rocket City. Kamado Ramen, Oh Crêpe, Pourhouse and Mazzara’s Italian Kitchen are taking space in the food garden at the 1929 Stovehouse building, according to the Huntsville Business Journal. Japanese-inspired Kamado Ramen and Oh Crêpe are members of the … Read more
To ensure your real estate partnership is on the right path, there are some simple steps to take that can prevent uncertainty and in the worst case scenario, a day in court.
From the Inner Harbor to Park Heights, here are some development goals for the city in 2019.
Work began Dec. 3 and is slated to move quickly, with the renovations expected to wrap up by the first weekend in January.
Have you received a preapproved offer in the mail this holiday season that looks like a check, made out to you and ready to cash? Before you rush to the bank, visions of presents dancing in your head, know that it’s not free cash. Rather, it’s more likely an expensive loan.
Stocks staggered to eight-month lows Friday after weak economic data from China and Europe set off more worries about the global economy. Mounting tensions in Europe over Britain’s impending departure from the European Union also darkened traders’ moods.
General Motors’ plans to lay off 14,000 salaried and blue-collar workers might not be as bad as originally projected.
The U.S. Education Department said it will forgive $150 million in federal student loans as part of a 2016 rule that Secretary Betsy DeVos previously tried to block.
The Colorado-based grocer is a step closer to opening its newest Northeast Florida location.