Business Specialties
$19.8M Redevelopment Planned for Chisca Hotel
By Eliza Theiss, Associate Editor Developers working under the name Main Street Apartments would like to turn the blighted historical landmark formerly known as the Chisca Hotel into a $19.8 million mixed-use development featuring ground floor commercial space. The upper floors would be turned into 149 apartments with an average floor plan of 940 square […]
Ryland Homes Announces Grand Openings in Four Tampa Bay Communities
By Georgiana Mihaila, Associate Editor In the attempt to stay faithful to its commitment of delivering energy-efficient, high-quality homes, Ryland Homes has recently announced the grand opening of new model homes and new home sites for sale in four Tampa Bay-area communities. Offering a mix of both styles and prices, the homes try to offer […]
$200M Mixed-Use Retirement Development Planned for Munford
By Eliza Theiss, Associate Editor A mile out from Munford in Tipton County, there are 370 acres of farmland poised to be developed into The Village at Green Meadows, a master-planned community. Green Meadows Development Corp. is planning a $200 million mixed-use development consisting of a 55-and-over retirement community and a commercial district. The retirement […]
New Location for $36M Carolina HealthCare Behavioral Hospital
By Eliza Theiss, Associate Editor Carolinas HealthCare System (CHS) has found a new site in Davidson for a planned behavioral hospital, this after previous development plans for another location fell through in March. The planned mental health care facility is a 66-bed, single-story, 76,280-square-foot complex with private rooms and large activity areas that open to […]
Gerrity Group Purchases Old Grove Marketplace in Oceanside
By Gabriel Circiog, Associate Editor Gerrity Group has acquired the Old Grove Marketplace in Oceanside from Sea Breeze Properties LLC for $19.55 million, RenTV.com reports. The 81,300-square-foot Oceanside retail center is anchored by Ralphs, Starbucks, US Bank and Lowes Home Improvement (NAP). Originally developed by Sea Breeze Properties LLC in 2005, Old Grove Marketplace presented […]
Building 661 at Navy Yard to Become EEB Hub Headquarters
By Veronica Grecu, Associate Editor The long-vacant Building 661 at the Philadelphia Navy Yard will become the new headquarters of the U.S. Department of Energy Innovation Hub for Energy-Efficient Buildings (EEB Hub), a federally funded organization launched in January 2011 by Pennsylvania State University and formerly known as the Greater Philadelphia Innovation Cluster for Energy-Efficient […]
Nalco Announces $18.7M Expansion in St. John
By Eliza Theiss, Associate Editor Nalco Inc., a company specializing in water, hygiene and energy technologies and services, has announced an $18.7 million expansion at its Garyville facility in St. John the Baptist Parish. According to a company press release, the company will add a 300,000-square-foot dry polymer production facility to its existing complex. It […]
KBR to Construct Luxury Aurora High-Rise in North Bethesda
By Adrian Maties, Associate Editor LCOR, a leading real estate development company, has awarded a contract last week to the KBR Building Group to provide construction services for an 18-story luxury high-rise residential project in North Bethesda, Md. Named the Aurora, it will be the second of four high-rise residential buildings LCOR plans to construct […]
Retail Dynasty: Family-Run CBL Thrives Under Stephen Lebovitz
As a real estate expert and Harvard Business School management professor, Arthur Segel is in demand around the world as a guest lecturer. But since he took over the reins of CBL & Associates three years ago, he’s also shepherded the company through the aftermath of a difficult recession.
Cordish, Giants Detail $1.6B Waterfront Plan Near AT&T Park
By Alex Girda, Associate Editor, and Paul Rosta, Senior Editor A 27-acre parcel near AT&T Park is the proposed site of a sports-anchored $1.6 billion waterfront plan that would be among the nation’s largest urban mixed-use developments. The Cordish Cos. is teaming up with the San Francisco Giants on the 3.5 millon-square-foot office, retail and residential complex. Dubbed […]