Veronica Grecu
Veronica Grecu is a senior creative writer and researcher for RentCafe. With more than 10 years of experience in the real estate industry, she covers a variety of topics in residential and commercial real estate, including trends and industry news. Previously, she was involved in producing content for Multi-Housing News, Commercial Property Executive and Yardi Matrix. Veronica’s academic background includes a B.A. in Applied Modern Languages and an M.A. in Advertising and PR.
Toyota to Expand Technical Center in York Township, Create 250 Jobs
Toyota is looking to grow its investment in Michigan by expanding the Toyota Technical Center in York Township, a few miles south of Ann Arbor, as the company will consolidate its national headquarters in Plano, Texas.
Construction Starts at Panda Power Funds’ Second 829-MW Power Plant in Pennsylvania
Local and state officials last week joined Dallas-based private equity firm Panda Power Funds and representatives of Gemma Power Systems and Siemens Energy, Inc. to celebrate the official start of construction at the 829-megawatt Patriot Generating Station located near Williamsport, the largest city in Lycoming County.
Private Car Condos Project in Pontiac Ready to Break Ground as Developers Close on 80-Acre Construction Site
More than one year after Birmingham-native and entrepreneur Brad Oleshansky announced plans to redevelop a vacant parcel in Pontiac, the project is now one step closer to becoming reality.
The Stack Shows How Modular Construction Could Solve NYC’s Housing Crisis
Now that New York City’s housing shortage has grown into a veritable crisis, real estate developers lend a helping hand by implementing innovative designs and cost effective construction technology in their multifamily projects.
Beacon Communities, PCA Transform Historic Ames Shovel Works into 113-Unit Rental Complex
Boston-based developer Beacon Communities completed a $46 million revitalization project at the Ames Shovel Works, a 19thcentury industrial complex in North Easton, Ma., that was listed as one of the 11 most endangered historic sites in the U.S.
Brandywine Shopping Center in Glen Mills to Include 140,000 Sq. Ft. Wegmans Store
The recent sale of a large parcel of land on Route 202 and the Route 1 loop and southwest of the intersection of Routes 1 and 202 in Glen Mills, Pa. unveiled Wegmans’ big plans for Delaware County.
Detroit Joins Micro-Unit Development Wave with 180 Units at Shapero Hall Building
Two weeks passed since developers unveiled redesigned renderings of the dormant DuCharme Place and another redevelopment project is ready to kick off in Detroit’s Lafayette Park. Rumors surfaced recently that the long-vacant Shapero Hall building located at 1010 Rivard Street will be transformed apartments—and not any kind of apartments, but micro-units.
Brooklyn Brewery Looking to Open $70 Million Facility on Staten Island
Beer drinkers rejoice! One of the strongest and longest-running brewing companies in New York City is looking to expand from its roots in Brooklyn somewhere on the western shore of Staten Island in response to the rising demand for its products.
40,000 Sq. Ft. Skatepark Underneath the Zakim Bridge to Break Ground in Fall
After more than ten years of fundraising, setbacks and design changes, Boston’s long-awaited skatepark is just a few months away from becoming reality with the help of a $1.5 million contribution from Vans, a footwear retail chain based in Cypress, Calif.
PREIT, Macerich $107 Million Investment to Redevelop The Gallery
The Gallery at Market East, one of Philadelphia’s largest urban malls that is located in the heart of the city, is about to get a major makeover. Pennsylvania Real Estate Investment Trust (PREIT), which owns the 1.4 million-square-foot property, announced this week a joint venture with Macerich to revamp the bleak mall into the city’s only multi-use property that will offer accessible luxury retailing in the Center City area.