the Editors of Commercial Property Executive
Lingerfelt Development Begins Work on $100M Complex for Health Diagnostic Laboratory
By Adrian Maties, Associate Editor Lingerfelt Development announced it has started demolition at the 34-acre Virginia BioTechnology Research Park in downtown Richmond. BioTech 3 is coming down to make way for the construction of a new complex that will serve as headquarters for Health Diagnostic Laboratory (HDL) Inc., a fast-growing CLIA-certified and CAP-accredited clinical laboratory. Plans […]
Old Garden Theater Brought to Life by $12M Redevelopment Project
One of Detroit’s first neighborhood theaters, the historic Garden Theater built in 1912 by famed architect C. Howard Crane, has embarked on a multi-million redevelopment program, reports The Huffington Post.
Lee & Associates Expands Florida Presence, Opens Orlando Office
According to an official statement, Lee & Associates—one of the largest full-service commercial real estate firms in the country—will soon be taking another important step in establishing the firm’s presence in Florida and the Southeast.
NYU to Develop New Applied Research Center in Downtown Brooklyn
By Veronica Grecu, Associate Editor
New York City Mayor Michael Bloomberg announced a historic partnership with New York University and the Polytechnic Institute of New York to proceed with the next milestone in the city’s Applied Sciences NYC Initiative: the Center […]
Carrfour Celebrates Opening of $30M Affordable Housing Community in Liberty City
Miami’s Liberty City neighborhood is now home to the city’s newest affordable housing community—Dr. Barbara Carey-Shuler Manor. Developed by Carrfour Supportive Housing—Florida’s largest nonprofit affordable housing developer—along with Miami-Dade County and the Florida Housing Finance Corporation, the $30 million apartment complex includes 100 affordable housing units for low-income and formerly homeless families.
Peak 10 Expanding in Charlotte, Building New Data Center
By Eliza Theiss, Associate Editor Peak 10 Inc., the Charlotte-based data center solutions company, has announced it will be expanding its surface area in Charlotte by 62,000 square-feet by building a fourth data center. The new building will be located in University Research Park near UNC-Charlotte and will be developed in phases depending on market […]
KTGY-Designed Arista Uptown Apartments Soon to Be Available
By Gabriel Circiog, Associate Editor KTGY Group Inc., Architecture + Planning has announced the completion of the first of eight 3-story buildings planned at the Arista Uptown Apartments in Broomfield. Developed by Denver-based Smith/Jones Partners LLC and designed by KTGY, the transit-oriented apartment community will feature a total of 272 units—18 studios, 149 one-bedroom and […]
Austin Healthcare Industry Welcomes Lakeway Regional Center
By Camelia Bulea, Associate Editor
Lakeway Regional Medical Center recently opened its doors at 100 Medical Parkway. The eight-story hospital will offer primary care, general surgery, an emergency room, labor and delivery, oncology, dentistry and a host of other specialties.
According to […]
Bozzuto’s 116-Unit vPoint Celebrates Grand Opening
By Adrian Maties, Associate Editor
vPoint, a new high-rise, mixed-income apartment community, celebrated its grand opening in Clarendon, a popular Arlington neighborhood, on April 12. The Class A apartment complex was co-developed by Bozzuto Development Co. and Chesapeake Community Advisors in partnership with the Arlington County, Va., Housing Development Authority (VHDA) and The Views at Clarendon […]
Stalled 1.4MSF Orem Mixed-Use Project Inches Toward a Restart
By Alex Girda, Associate Editor, and Paul Rosta, Senior Editor For years, the once-promising Midtown Village project has been a sore point for Orem. Midtown Joint Venture L.L.C., the original developer, planned a 1.4 million-square-foot residential, retail and office project featuring three mixed-use towers. But the developers completed only a seven-story condominium and office tower and a small, […]