Adrian Maties
Rolling Hills Hospitality to Develop 120-Key Hotel at Sharonville Convention Center
At the end of May, the City of Sharonville has signed a deal with Fort Mitchell-based Rolling Hills Hospitality Group to construct a first class hotel at the Sharonville Convention Center, the region’s only Silver LEED Certified, sustainable event facility. The project will cost $14 million. It is part of the transformation of the city’s Northern Lights Entertainment District and is expected to provide a boost to the local economy by attracting more conventions and trade shows.
WC Smith Starts Construction on 800 New Jersey Ave.
WC Smith announced on Monday, June 9, the start of construction on a new residential building. 800 New Jersey Avenue SE is the second of three high-quality residential buildings WC Smith is construction on a three and a half acre site at New Jersey Avenue, H Street and Second Street SE.
Hilton Garden Inn Debuts on Virginia Beach Boardwalk
Virginia Beach is home to a new hotel. With the opening of the Hilton Garden Inn Virginia Beach Oceanfront, Hilton Worldwide has added another property to its growing portfolio of more than 580 hotels throughout the world.
Q&A with Bellwether, Cumberland Execs on $700M Cleveland Lakefront Project
Ross Halloran, senior vice president of Bellwether, and Dick Pace, president of Cumberland Development, chat with Commercial Property Executive about taking on one of the largest multi-family construction projects in Cleveland.
Morgan-Olayan JV Snaps Up Mid-Atlantic M-F Portfolio
A joint venture between Morgan Properties and The Olayan Group has acquired a large multi-family portfolio in the Mid-Atlantic region. Berkshire Property Advisors sold the properties, most of them located in the Baltimore-Washington metropolitan area, for a total price of $309 million.
eBay Plans $52M Expansion in Boone County
eBay Enterprise is looking to expand its operations in Northern Kentucky. Governor Steve Beshear announced on May 29 that the global provider of retail-optimized commerce solutions plans to invest nearly $52 million and build a new fulfillment center in Boone County.
LaSalle to Sell Hilton Alexandria Old Town This Month for $93M
LaSalle Hotel Properties is selling one of its 46 hotels. The Hilton Alexandria Old Town will soon have a new owner. Its sale price is approximately $93 million.
Enterprise OpensThe Greens at English Consul Affordable Apartments For Seniors
Enterprise Homes celebrated last Tuesday, June 3, the grand opening of its latest senior community in Baltimore County. Called The Greens at English Consul, it is the first new construction in the Lansdowne/Baltimore Highlands neighborhood in almost 20 years.
Bozzuto Homes to Build New Condos Near U Street Corridor
Bozzuto Homes, a division of The Bozzuto Group, is getting ready to start work on its second Washington, D.C. condo development in 2014. Earlier this year, the company broke ground on 460 New York Avenue, a 63-residence high-rise condominium community in the Mount Vernon Triangle neighborhood. This summer, it will start construction on 96 condominiums at V Street NW and 15th Street NW.
Cleveland City Council Approves $700M Lakefront Development
Cleveland’s lakefront is getting a makeover. The city has recently approved plans to develop over 20 acres of lakefront property close to Cleveland’s central business district.The project is expected to cost $700 million.