Adrian Maties
Kentucky Developer To Build 8-Building Apartment Complex In Baton Rouge
Developers plan to bring another apartment community in Baton Rouge. LDG Development, a Louisville, Ky.-based company, intends to build the new complex at the intersection of Airline Highway and Evangeline Street, in the city’s north side.
ThistleDown Racino Undergoing $70M Upgrade
At the end of April, ThistleDown Racino started work on an approximately $70 million upgrade. The project is expected to significantly improve the guest experience at the gaming and entertainment destination.
Cinépolis USA Coming to Loudoun County in 2016
Cinépolis USA is coming to Virginia. The theater chain will anchor the Avonlea Town Center, a $70 million mixed-use development in Loudoun County.
Plans Advance for Office Project Near Oakley Station
Cincinati could get another office building. One such project is currently being considered for a site along Interstate 71, near the 74-acre Oackley Station mixed-use development.
Former Ramada Trades for $2.5M
A large hotel located just outside Cincinnati’s central business district has changed hands earlier this month. The former Ramada hotel at 800 W. Eighth St. was acquired by an affiliate of New Zealand-based VR Group, for $2.5 million, the Cincinnati Business Courier reports. AAIG of Cincinnati LLC, a company made up of a group of California investors, was the seller.
Developer Names Hotel Flag for Madisonville Project
More details have come to light about the $124 million mixed-use development in Madisonville. RBM Development Company LLC, the project’s developer, has entered into an agreement with the Wyndham Hotel Group, to brand and manage a $60 million hotel planned at the site, under its Dolce Hotels and Resorts flag.
Glen Burnie Townhome Community Sells for $76.25M
The Coves at Chesapeake townhome community in Glen Burnie is the latest addition to the list of large, Greater Baltimore multifamily assets that changed hands this year. The property traded for $76.25 million.
Ground Broken on $65.6M Innovation Hub in East Baltimore
Forest City-New East Baltimore Partnership, a partnership between Forest City Enterprises, Inc. and Presidential Partners LLC, is building a new innovation hub for life sciences in East Baltimore, just north of the Johns Hopkins medical campus. The project is called 1812 Ashland Avenue and is expected to cost $65.6 million.
JMT to Move 600 Baltimore County Employees to Hunt Valley
One of the largest architecture and engineering firms in the Greater Baltimore area is moving its headquarters to Hunt Valley. Johnson, Mirmiran & Thompson will relocate and consolidate its operations into a new building, to be built at 40 Wight Avenue.
EMG Leases 16,000 Square Feet at BECO Towers
BECO Management, Inc., a Rockville-based commercial real estate company, has recently announced the signing of a new tenant at the BECO Towers, in Owings Mills. Since January 1, the company has leased more than 52,000 square feet of space at the property, reducing the total vacancy by 50 percent.