Williamson County inks incentives agreement for $1B Apple campus

Williamson County leaders have approved incentives for the large campus Apple Inc. plans to build in North Austin. County commissioners voted unanimously Tuesday morning to enter into a Chapter 381 economic development agreement with the Cupertino, Calif.-based technology company. Under the agreement, Apple (Nasdaq: AAPL) agreed to spend at least $400 million purchasing and developing … Read more

(PHOTOS) Here's a look at the Triad's biggest apartment sales of 2018

Earlier this week, we told you about the priciest hotel/motel sales in the Triad for 2018. Today we’re going to show you the largest apartment community transactions. And there were some big ones this year – including University Village in Greensboro. The New York-based real estate investment firm Vesper Holdings bought the 203-unit, 11.2-acre student … Read more

Reuter Walton paid $6.6 million for Uptown Arby's site

Reuter Walton Development’s purchase of the former Arby’s in Minneapolis’ Uptown neighborhood closed Monday for $6.6 million, according to a certificate of real estate value. The purchase price works out to about $188 a square foot. The Minneapolis-based developer is planning to construct a six-story, 174-unit apartment building at the site at 1116 W. Lake … Read more

Incentives agreement inked for Austin's $1B Apple campus

Williamson County leaders have approved incentives for the large campus Apple Inc. plans to build in North Austin. County commissioners voted unanimously Tuesday morning to enter into a Chapter 381 economic development agreement with the Cupertino, California-based technology company. Under the agreement, Apple (Nasdaq: AAPL) agreed to spend at least $400 million purchasing and developing … Read more

Kaiser receives crucial approval to pave way for 61,000-square-foot campus in West Berkeley

Berkeley City Council voted 6-3 to allow a zoning change at the corner of Parker and Tenth Streets that would pave the way for Kaiser Permanente to open a new medical campus on the site, Berkeleyside reports. The issue split the council because Kaiser’s plans to move into a proposed new suite of medical offices … Read more

Serial entrepreneur Mark Montgomery to sell Ink Building

Nashville serial entrepreneur Mark Montgomery has announced plans to sell the Ink Building to an Austin real estate firm. The Tennessean reports the building is under contract to to sold to Prime. Terms of the deal have not been disclosed. The deal is expected to close in January. The Ink Building is home to several … Read more

London boutique hotel looks to WeHo

A London-based boutique hotel has its eye on Nashville. Nashville Post reports SoHo House & Co. is looking to operate a location in the May Hosiery complex, located at 429 Chestnut St. in Wedgewood-Houston. The hotel chain and private members-only club targets creative professionals. Last week, Apple signed a lease for space in the May … Read more

Luxury townhome developments in Vestavia take step forward

Plans for two separate luxury townhome developments in Birmingham have taken a step forward. The Vestavia Hills Planning and Zoning Commission has recommended the Vestavia Hills City Council approve the rezoning from Vestavia Hills Institutional to Vestavia Hills R-9 of 3771 Fairhaven Drive and 3783 Fairhaven Drive, reports the Vestavia Voice. Charles Kessler plans to … Read more

KC nonprofit acquires former Silpada Designs HQ

Heart to Heart International Inc., a Lenexa-based nonprofit humanitarian organization, has acquired the former Lenexa headquarters of Silpada Designs. The 149,000-square-foot office and warehouse facility at 11550 Renner Blvd. was built in 2004 for the direct-sales jewelry business. Heart to Heart announced Monday that its “record growth has necessitated a move to this larger facility.” … Read more

Taco Bueno closes 12 restaurants; items like grills, fryers up for sale

After being purchased amid a Chapter 11 bankruptcy restructuring, fast food chain Taco Bueno has closed 12 restaurants in Oklahoma and Texas. Irving-based Taco Bueno is auctioning off the contents of those restaurants through Dec. 21 at RestaurantEquipment.bid, an online auction site that specializes in food service and restaurant equipment. Bidding for all items starts … Read more

Why one council member voted no on $17.1M in incentives for Honeywell HQ

The Charlotte City Council approved Monday night tens of millions in incentives for Honeywell’s headquarters move to Charlotte. As part of the council’s zoning meeting, the business investment grant — $17.1 million over 15 years — was approved 10-1 by council, with Councilman Ed Driggs voting against. Monday’s vote also authorized City Manager Marcus Jones to … Read more

Year in Review: Many big construction projects wrapped up in 2018

Several long-awaited and high-profile construction projects finally hit the finish line in 2018. To name three, the western half of Downtown Commons, the mixed-use project on the 700 block of K Street downtown and the Sofia Tsakopoulos Center for the Arts in midtown Sacramento all opened this year, though some tenants in the first two … Read more

Elon Musk's new tunnel 'a little rough around the edges'

Elon Musk unveiled his underground transportation tunnel on Tuesday, allowing reporters and invited guests to take some of the first rides in the revolutionary albeit bumpy subterranean tube — the tech entrepreneur’s answer to what he calls “soul-destroying traffic.”

Great Wolf Lodge to build $200M, 44-acre waterpark resort in Maryland

Great Wolf Resorts plans to enter Maryland with a $200 million, 44-acre lodge and waterpark next to the Hollywood Casino Perryville to open by summer 2022. The national chain of indoor and outdoor waterparks is expected to break ground on the 450,000-square-foot project on 40 acres in Chesapeake Overlook just off of Interstate 95. The … Read more

Google to build $1 billion NYC campus

Alphabet Inc. said Monday it will spend $1 billion on a new New York City campus. The move will allow the Mountain View, California-based tech giant and owner of Google Inc. to double its staff in N.Y.C. within a decade.  The new campus, dubbed Google Hudson Square, will be based on Manhattan’s West Side near … Read more

High-end apartments coming to eTown

A high-end apartment complex in the 1,500-acre master-planned community under development near Interstate 295 and the Florida 9B exit will break ground in early 2019, developers behind the project announced Monday. The 332-unit community, a Catalyst Development Partners project, will feature one-, two- and three-bedroom apartments. Construction is planned to be completed in spring 2020. … Read more

Hickory Hollow sets closing date for Heights Blvd. location

Hickory Hollow, a longtime restaurant just north of Washington Avenue, will close next month.  Joseph Boehm, the restaurant’s general manager, told CultureMap that the closing date is Jan. 13. The 101 Heights Blvd. location has been open for 31 years, but Hickory Hollow’s 41-year-old Fallbrook location, at 8038 Fallbrook Drive in northwest Houston, and its … Read more

D.C. Councilman Charles Allen launches petition opposing new NFL stadium at RFK

D.C. Councilman Charles Allen’s office has gathered thousands of signatures on a petition opposing the construction of a new NFL stadium at the RFK Stadium campus. Washington NFL team owner Daniel Snyder is reportedly seeking a stadium provision in the upcoming congressional spending bill to establish a new home for his franchise at the 190-acre … Read more

Great Wolf Lodge to build $200M, 44-acre waterpark resort in Maryland

Great Wolf Resorts plans to enter Maryland with a $200 million, 44-acre lodge and waterpark next to the Hollywood Casino Perryville to open by summer 2022. The national chain of indoor and outdoor waterparks originally founded in Wisconsin is expected to break ground on the 450,000-square-foot project on 40 acres in Chesapeake Overlook just off … Read more

Jabil eyes Northern Kentucky for new location, hundreds of jobs

A global manufacturer is looking at opening a new facility in Northern Kentucky that would create hundreds of new jobs. Jabil Inc., an electronics manufacturing company headquartered in St. Petersburg, is exploring plans to open a second location in Kentucky to provide additional U.S. manufacturing capacity, according to a report released by the Kentucky Economic … Read more

Developer buys 105 acres for RTP spec campus

The Keith Corporation has made a name for itself in the Triangle by focusing on build-to-suit projects for companies looking for new office and research space, but the Charlotte-based firm is taking a chance on its latest project. The company has closed on a 105-acre swath of vacant land in Research Triangle Park without a … Read more

Senior mobile home park in Palm Beach sold for $49M

The Palm Lake Mobile Home Park near West Palm Beach was acquired for $49 million, and the buyer plans to keep it as a senior mobile home park for the foreseeable future.  Palm Lake Cooperative, a cooperative formed by the 468 collective lot owners on the property at 7272 42nd Way North, sold the site … Read more

Contentious residential project in NoDa approved, affordable housing plan denied in council vote

December’s packed zoning meeting on Monday night saw several rezoning petitions approved, but one petition that would have brought affordable housing to Steele Creek was denied. Charlotte City Council voted 10-1 against a petition by Elmington Capital Group, a developer out of Nashville, Tennessee, that would have added up to 231 apartments south of the … Read more

Why one council member voted no on $17.1M in incentives for Honeywell HQ

Tens of millions in incentives for Honeywell’s headquarters relocation to Charlotte were approved by City Council on Monday night. As part of the council’s zoning meeting, the business investment grant — $17.1 million over 15 years — was approved 10-1 by council, with council member Ed Driggs voting against. Monday’s vote also authorized City Manager Marcus … Read more