the Editors of Commercial Property Executive
Dyno Nobel Considering $800M Plant in Jefferson Parish
By Eliza Theiss, Associate Editor Dyno Nobel International, the Utah-based explosives and chemical products manufacturer, is to spend $30 million on a comprehensive study regarding the feasibility of establishing an $800 million ammonia production factory on a brownfield site in Jefferson Parish, reports Area Development Online. If the study yields a positive result, the facility […]
Study Shows Phase 1A of the Banks Has $91M Annual Economic Impact
By Adrian Maties, Associate Editor The Banks project is drawing more people to downtown Cincinnati, and the city is already cashing in, according to an economic impact study conducted by the University of Cincinnati Economics Center and released on May 22 by the  Banks’ developers: Carter, The Dawson Co. and USAA Real Estate Co. The study […]
Monday Properties Selects CBRE to Market 1812 North Moore Street
By Adrian Maties, Associate Editor When finished, the building Monday Properties is constructing at 1812 N. Moore St. in Rosslyn, Va., will be the tallest office tower in the Washington, D.C., region. It will offer sensational views of Washington’s monuments across the Potomac River, as well as more than half a million square feet […]
Ivanhoe and Hines to Build $300M Chicago Office Tower
By Gabriel Circiog, Associate Editor Ivanhoe Cambridge and Hines have partnered to develop a 45-story office tower in the West Loop in downtown Chicago. The announcement came from Mayor Rahm Emanuel, who said the $300 million project is “a vote of confidence for our city, welcome news for the local economy and a signal that […]
Colorado State EDC Approves Incentives for Gaylord and Pueblo Projects
By Gabriel Circiog, Associate Editor The Colorado State Economic Development Commission has awarded the Gaylord Aurora and Pueblo projects a sales tax incentive pursuant to the state’s Regional Tourism Act of 2009. The EDC went through a nearly year-long process of selecting, out of six applicants, the winners of the state RTA funding. The commission […]
The Austonian Condominium Tower Refinanced
By Camelia Bulea, Associate Editor
The owners of The Austonian have recently refinanced the 56-story luxury complex through Transwestern Structured Finance Group in Houston. No financial details were immediately made public.
According to the Austin Business Journal, Spain-based Grupo Villar Mir formed […]
Gov. Mark Dayton Signs Off on Agreement to Build New Vikings Stadium at Metrodome
By Gabriel Circiog, Associate Editor Gov. Mark Dayton signed off on an agreement to construct a new $975 million stadium for the Minnesota Vikings at the Metrodome during a Capitol ceremony attended by business leaders, fans and team owners Zygi and Mark Wilf, Finance & Commerce reported. As previously reported by Commercial Property Executive, the governor, […]
$30M to Finish Guste Homes; New Fire Department Building in Jefferson Parish
By Eliza Theiss, Associate Editor Officials recently approved $30 million in state bonds to finalize the redevelopment of the Guste Homes public housing complex in New Orleans’ Central City. According to a report by The Times-Picayune, the third and final stage of Guste Homes, a project of the Housing Authority of New Orleans, has a price […]
Hughes Sale Adds to $100M Run by CPI/Buchanan Street JV
By Alex Girda, Associate Editor
In the latest in a series of dispositions, CIP Real Estate and Buchanan Street Partners have sold the 114,500-square-foot Konami Building in the Howard Hughes Airport Center to the building’s tenant, Konami Digital Entertainment, the Las Vegas Review-Journal reported.
Last December, the partners sold a 425,000-square-foot portfolio at the Hughes Airport Center. That followed  the […]
Walmart Goes Solar in 27 Massachusetts Stores
Greenskies Renewable Energy LLC, a Middletown, Conn.-based company specialized in the design and implementation of solar energy systems, has teamed up with chain store Walmart to install crystalline solar panels on 27 of the retailer’s Massachussetts stores over the next two years.