Adrian Maties
$54M Mercer Commons Project Approved, Pending Design Change
By Adrian Maties, Associate Editor
On Friday, Nov. 18, the Cincinnati Planning Commission unanimously approved the $53.5 million Mercer Commons development in Over-the-Rhine after a five-hour meeting. The approval came with one condition: The developer, Cincinnati Center City Development Corp. (or […]
$310M Casino May Come to Downtown Baltimore
By Adrian Maties, Associate Editor
Caesars Entertainment has submitted plans for a $310 million, two-story casino with 3,750 slot machines to the Maryland State Commission. It would be Maryland’s second largest casino and would potentially generate tens of millions of dollars […]
Four Seasons Hotel Opens in Baltimore
By Adrian Maties, Associate Editor
The Four Seasons Hotel Baltimore in Harbor East officially opened on November 14. The $200 million luxury hotel opens just as the U.S. travel industry is slowly recovering and is expected to boost local tourism. Bookings […]
Cleveland State University Breaks Ground on $50M Project
By Adrian Maties, Associate Editor
Cleveland State University broke ground on Nov. 9 on a $50 million mixed-use project, the city’s largest residential development in more than 30 years. Polaris Real Estate Equities and Buckingham Cos. are co-developers.
The groundbreaking ceremony was […]
19th Century Homes Restored in Over-the-Rhine
By Adrian Maties, Associate Editor
In Cincinnati’s Over-the-Rhine, local builders, together with Cincinnati Center City Development Corp. (3CDC), are rehabilitating nine grand old houses. The project is called Park Haus and its goal is to remake 19th century, single-family homes in […]
Vornado Buys Washington Office Tower for $104M
By Adrian Maties, Associate Editor
Vornado Realty Trust announced last week that it will acquire full ownership of 1399 New York Ave., N.W., for $104 million. The New York-based real estate investment trust previously held a 2.5 percent minority stake in […]
BWI to Spend $100 Million on Expansion Project
By Adrian Maties, Associate Editor
Baltimore/Washington International Thurgood Marshall Airport will begin a major expansion project over the next two years. The project will transform the central section of the airport and will allow passengers to move between concourses A, B […]
BentleyForbes Puts $98M Ohio Portfolio up for Sale
By Adrian Maties, Associate Editor
BentleyForbes, a real estate investment firm based in California, has put three Ohio office buildings up for sale, all leased to Medical Mutual, Ohio’s oldest and largest health insurer. The properties are listed at $98 million […]
Neyer Properties, City Plan $30M Development Project
By Adrian Maties, Associate Editor
Neyer Properties Inc. has been busy in Cincinnati in recent months, and plans to be even busier in November and December. For all its important projects, the Evanston-based real estate development company recently won the award […]
Work Begins on Catholic University Project
By Adrian Maties, Associate Editor
Abdo Development, The Bozzuto Group and Pritzker Realty Group have started work this week on a project that will change the face of Washington’s Brookland neighborhood. It will transform The Catholic University of America’s South Campus […]