Anca Gagiuc
Anca Gagiuc brings more than a decade of experience within the real estate industry. She is a senior associate editor with Commercial Property Executive and Multi-Housing News who also writes monthly multifamily reports at Yardi Matrix. Contact Anca at anca.gagiuc@cpe-mhn.com
Taylor Morrison Announces Start of Construction at Travisso Master-Planned Community
For Leander’s newest master-planned community Travisso, Arizona-based builder and developer Taylor Morrison Home Corporation, announced the start of its models for four home collections. These are schedule to be completed in May.
Heyco Energy Group Invests in Gas Converting Plant for Eagle Ford Shale Area
About an hour and a half east of San Antonio in Lavaca county on alternate U.S. Highway 77, Dallas-based Heyco Energy Group announced the development of a new plant. It will produce liquefied natural gas (LNG) which will be sold to fuel distributors, not directly to the public or LNG users.
Local Construct Breaks Ground on Innovative Housing Concept in Echo Park
A new housing development project in Los Angeles’ Echo Park recently held a ground-breaking event, celebrating the innovative concept tackled by the project. Los Angeles-based Local Construct has started work on its Blackbirds micro-neighborhood. The community will be located on a site that formerly housed five rundown cottages in Echo Park.
New Home Company Opens Welcome Pavilion for San Jose Master-Planned Housing Community
The New Home Company recently opened a Welcome Pavilion at its latest master-planned Silicon Valley master-planned residential community. The Orchard Park housing development in San Jose is set to display model homes and hold the initial sale phase at the community located near the intersection of Old Oakland Road and East Brokaw Road in the city’s Berryessa District.
MGM Resorts Plans $66M Expansion of Mandalay Bay Convention Center
Mandalay Bay Resort and Casino has announced plans to expand its Convention Center in a bid to answer the growing demand for meeting space in the city of Las Vegas. Announced plans for the facility would bring the total amount of available convention space at Mandalay Bay to over two million square feet. The cost of the new developments will cost an estimated $66 million.
Nordstrom Rack Enters the Albuquerque Retail Market at Winrock Town Center
By Anca Gagiuc, Associate Editor Well-known Seattle-based Nordstrom Inc. announced its plans to enter the Albuquerque market by opening a Nordstrom Rack at Winrock Town Center in the Uptown corridor. The retail store is scheduled to open in the fall of 2015. “We’ve long heard from customers in New Mexico that they’d love to have a Nordstrom […]
Sound Transit Awards Mercy Housing Northwest Contract to Build Rainier Valley Affordable Housing
Mercy Housing Northwest has been selected by the Sound Transit to develop a new affordable, transit-oriented project in Southeast Seattle. The company has been tasked with the construction of a multifamily complex near the Othello Link light rail station. Mercy received the contract for the development after a selection process handled by Sound Transit.
New Affordable Housing Community by Affirmed Housing Group Holds Opening Ceremony
A brand new affordable housing complex recently held an official grand opening recently in the presence of a number of local officials and backers. The Lotus Garden Apartments is Affirmed Housing Group’s latest affordable residential complex project in the L.A. metro area. The ceremony was attended by Councilman Gilbert A. Cedillo, the President and CEO of Affirmed Housing Group, James Silverwood, as well as Rushmore Cervantes, the executive director of the HCIDLA.
Construction Progresses at Candlewood Suites in San Antonio
What is to become the “largest Candlewood Suites hotel” in the world is progressing towards a scheduled open date in July 2014. Cleveland Construction, Inc., the current general contractor for the Fort Sam Houston Candlewood Suites hotel located in Joint Base San Antonio, shared updates about the massive development, designed by EDI International.
High-end Summerlin Office Property Hits the Market; Gladstein Group Gets Listing
A rare opportunity for a high-end office acquisition recently presented itself in the Summerlin master-planned community. Sam Gladstein, the president of the Gladstein Group, was named the exclusive sales agent by the Donald W. Reynolds Foundation for the property located at 1701 Village Center Circle. According to a recently issued press statement, the asking price for the listing will stand at around $11.5 million.