Cities
AMC Entertainment Latest to Cross into Missouri as Border War Continues
By Gabriel Circiog, Associate Editor
The border war continues and AMC Entertainment is the latest company that has decided to leave downtown Kansas City for Leawood. The Kansas City Star reports the movie theater giant will relocate its world headquarters to […]
Hotel Monaco Breaks Ground in Philly; Cooper University Hospital Opens New Condo for Employees
By Veronica Grecu, Associate Editor
The Philadelphia Inquirer reports that one of the city’s historic buildings located at Fifth and Chestnut Streets will be converted into a luxury hotel. During the groundbreaking ceremony that was held at the site last week, […]
Federal Money for Detroit Metro Airport and Tiger Stadium Football Field
By Veronica Grecu, Associate Editor
More than $15 million in federal transportation grants will be awarded to Detroit Metropolitan Airport in Romulus, announced Sen. Carl Levin, D-Mich., in a press release issued last week. The funds coming from the Federal Aviation […]
Orlando Magic Eyes Downtown for New Entertainment Complex, HQs
By Georgiana Mihaila, Associate Editor
Following a successful first year at the new Amway Center, Orlando Magic is considering an adjacent entertainment complex. According to the Orlando Sentinel, the Magic has won the exclusive right to buy a parking garage that […]
Home Sales Close to Record Numbers, Prices Reach New Lows
By Alex Girda, Associate Editor
The area’s housing market is proving extremely attractive to buyers—in fact, August’s figures nearly matched a two year-old record. According to data from the Greater Las Vegas Association of Realtors (GLVAR), August had a combined number […]
Residential Development to Spring Up Between Railroad Tracks; Former Qwest Building Will Soon be Up For Grabs
By Alex Girda, Associate Editor
Union Station is close to having its first high-rise residential project as a local development company has plans to kick off a $60 million investment. The developer, Zocalo Community Development, intends to break ground some time […]
Under Armour Inc. Plans Expansion in Locust Point
By Adrian Maties, Associate Editor
Just months after it bought its Tide Point headquarters for $58 million, Under Armour Inc., the South Baltimore sportswear maker, wants to double the size of the Locust Point complex. It plans to add 400,000 square […]
JV Acquires Continental Bayside Hotel for $13.5M, Plans Full Renovation
by Georgiana Mihaila, Associate Editor
The Continental Bayside Hotel is heading toward a full renovation after its recent change of owners; Weston, Fla.-based InSite Group and an affiliate of the Washington, D.C.-based Carlyle Group formed a joint venture for the purchase […]
Much-Needed Housing for Seniors and Low-Income Families Breaks Ground in South Queens
By Veronica Grecu, Associate Editor
In an effort to revitalize a long-vacant site that’s part of the Brownfield cleanup program, the Arcker Cos. broke ground on two housing developments for seniors and low-income families in Richmond Hill. According to the Queens […]
Wrigley Building’s New Owners Announce Revamp Plans
By Veronica Grecu, Associate Editor
Last week Wm. Wrigley Jr. Co. confirmed the sale of its eponymous building, located at 400-410 North Michigan Avenue, Near North Side, and an adjacent 1.5-acre lot to a team of investors led by BDT Capital […]