Adrian Maties
UC Releases New Renderings for Nippert Stadium Renovation Project
Bearcat fans rejoiced on Thursday, October 3, as the University of Cincinnati released new renderings and floor plans for the Nippert Stadium Renovation & Expansion project on Thursday, October 3. At a cost of $86 million, the privately funded project is scheduled to start construction in mid-December, this year. It is expected to be completed in August 2015.
Acer Exhibits and Events Buys 167,000 Sq. Ft. Warehouse in Havre de Grace
Acer Exhibits and Events, LLC, a full service custom exhibits agency, has purchased the 167,270-square-foot facility at 1601 Clark Road, in nearby Havre de Grace, and plans to turn it into its new headquarters. The Belcamp-based company acquired the warehouse from Michigan-based Becker Properties for $3 million, or about $17.94 per square foot.
Airport Wraps Phase 1 of $80 Million Terminal Upgrade
Renovations are finally complete at Port Columbus International Airport’s six-gate Concourse A, almost a year after the airport launched the $80 million terminal modernization program to upgrade its three-concourse terminal. The facelift is part of the project’s first phase.
Bethesda to Gain More Than 600 Apartments in 2015
More apartments are coming to one of the most affluent and highly educated communities in the United States, as two developments in Bethesda have recently taken important steps in the development process. By 2015, they will deliver over 600 new residential units to the hot D.C. suburb.
Troubled Cleveland Shopping Center Going to Internet Auction
Retail Properties of America, one of the largest owners and operators of shopping centers in the United States, is trying to unload a five-story shopping center in University Heights, so it listed the property for sale on the Auction.com website.
City of Sharonville to Build Convention Center Hotel
The city of Sharonville recently announced its plans to build a hotel adjacent the newly expanded Sharonville Convention Center. The project is part of Sharonville’s revitalization plan, which also includes the expansion of the Northern Lights entertainment district and the $140 million Princeton School District complex.
Maryland Officials Celebrate Topping Off of New Enterprise Homes Senior Housing Development
Maryland officials joined Enterprise Homes on Wednesday, September 25, to celebrate the topping off of The Greens at English Consul, an affordable, senior housing development located in the Lansdowne/Baltimore Highlands neighborhood of Baltimore County. The Greens at English Consul is the first new construction in this neighborhood in almost 20 years.
Clayco Breaks Ground on $110M Downtown Office Project
The Richmond office market further stabilized during the first half of the year across all submarkets and experienced a decrease in vacancy rates to 13.6%, according to a report by CBRE. Good news for the city of Richmond and great news for developers such as Clayco, who officially started construction earlier this month on Gateway Plaza, Richmond’s newest high-rise office building. The groundbreaking ceremony was attended by both Clayco and city officials.
Rockrose Buys 2000 L St. Office Building in DC from Brookfield for $192M
Washington, D.C., witnessed the closing of another huge office transaction this week, as the Rockrose Development Corp., in its quest to increase its presence in the District’s office market, acquired the building at 2000 L St., NW, for $192 million, or about $479 per square foot.
Westfield Sells Two NE Ohio Malls to Starwood Capital Group
Two shopping malls in Northeast Ohio will have a new owner by the end of the year. The two properties are part of a portfolio of U.S. shopping centers The Westfield Group, a multinational company headquartered in Sydney, Australia, has agreed last week to sell to an affiliate of Starwood Capital Group, an American private investment firm headquartered in Greenwich, Connecticut.