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.
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
One of the largest money management firms in Greater Cincinnati is moving and expanding its headquarters.
Developers are asking the Center City Development Commission for $700,000 to help fund a park on an abandoned rail spur.
133 acres would be turned into an office campus for the iPhone maker, with more than a third preserved as green space.
How ecommerce companies obtain urban real estate ideal for delivering the last mile of the supply chain.
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.
General Motors’ plans to lay off 14,000 salaried and blue-collar workers might not be as bad as originally projected.
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.
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.
In what would be another major sports-centered development in North Texas, a McKinney developer is planning a 15,000-seat cricket stadium in Allen. Thakkar Developers and Global Sports Ventures of Philadelphia are planning a news conference for Tuesday afternoon to discuss a project dubbed “Allen Sports Village,” according to a release. Per Thakkar Developers’ website, in … Read more
The financial industry company, houses in Amherst, is seeking 260,000-square-feet of office space.
The Sears Holding Corporation is looking to sell off some of its 649 retail locations in the United States, and Dick’s Sporting Goods could be a possible buyer, according to a report in Bloomberg. The Coraopolis-based sporting goods retailer is one of several companies that expressed interest in purchasing former Sears locations, Bloomberg reported. Other … Read more
The site of a shuttered Rainbow Foods along Lake Street in Minneapolis has become the latest outpost for European grocery chain Aldi. The Star Tribune reports on the new Aldi store at 2913 26th Ave. S., which opened on Thursday. The Rainbow store didn’t survive the 2014 shakeout of the chain’s exit from the Twin … Read more
Gwynedd Mercy University has nearly doubled its footprint by purchasing a 154-acre property adjacent to its Spring House campus on Sumneytown Pike that was put up for sale last year by Merck & Co. The property includes 157,000 square feet of space and the purchase will allow the university to nearly double its footprint — … Read more
Austin-based Stratus Properties Inc. (Nasdaq: STRS) plans to begin construction on its first Houston-area project this month now that construction financing is lined up. The developer said in a press release this week that subsidiary Stratus Kingwood Place LP entered into a construction loan agreement with Dallas-based Comerica Bank for about $32.9 million. That will … Read more
The Cecil facility is expected to deliver 1.2 million solar panels per year, which is about two solar panels per minute.
A mixed-use project near the corner of Laura Street and Monroe Street was given the thumbs up by the Downtown Development Review Board Thursday. Chamblin Bookmine owner Ron Chamblin received board approval for facade improvements at 225 N. Laura Street, a building he plans to renovate into retail and residential space. The building, which sits next to … Read more
The Austin area can expect more winners and losers in real estate and housing, and companies of all types can expect some blessings and curses after Apple Inc. executes its lofty plans to add thousands of employees in North Austin. ABJ Editor Colin Pope discusses the real estate and corporate ramifications of Apple’s (Nasdaq: AAPPL) … Read more
British Prime Minister Theresa May launched a rescue mission for her ailing Brexit deal Friday, after the European Union rebuffed her request to sweeten the divorce agreement so she can win over hostile lawmakers at home.
U.S. industrial production climbed 0.6 percent on surging output at mines and utilities. But manufacturing production was flat.
This would be the largest of six office projects planned in Wynwood.
U.S. retail sales increased a slight 0.2% in November, as strong sales tied to holiday shopping were offset by lower gasoline prices.
FiberLight LLC signed a 16,124-square-foot lease at Northwinds’ 3000 Summit Place building, which is under construction and on pace to be finished next year.