Cities
Construction Starts on $250M Emory Point Project
By Georgiana Mihaila, Associate Editor
Cousins Properties Inc. and Gables Residential have kicked off the $250 million Emory Point mixed-use development, the largest private development to start construction in Atlanta’s Perimeter in more than three years. Located in the Clifton Corridor, […]
Major Hotel, Corporate Deals Hit Eden Prairie
By Camelia Bulea, Associate Editor
Eden Prairie properties have recently figured in several high-profile hospitality and corporate transactions. In the larger of the two deals, the Hyatt Place Minneapolis/Eden Prairie was part of a $110 million, eight-hotel sale by Hyatt Hotels Corp. The buyer is […]
Hotel New Orleans to Become Hyatt Place; VA Hospital Moves Forward
By Amalia Otet, Associate Editor
The hospitality industry has always been one of the strong points of New Orleans, given its attraction as a tourist destination – from the impressive French-Creole architecture and rich culture to the lively Bourbon Street and […]
Parmatown’s Lender Files for Receivership
By Adrian Maties, Associate Editor
Parmatown Mall’s mortgage lender has filed for the appointment of a receiver in Cuyahoga County Common Pleas Court. That means the lender, Midland Loan Services, will take control of the property, list it for sale and […]
Apartment Rental Market Drives Property Sales
By Adrian Maties, Associate Editor
Confidence is returning to Cincinnati’s rental market, and that is encouraging investsors to buy. So far this year, investors have spent nearly $107 million to purchase hundreds of apartments that range from student housing to higher-end […]
HYM Details Massive Downtown Project; Braintree Hotel Makeover Kicks Off
By Veronica Grecu, Associate Editor
HYM Investment Group L.L.C detailed plans this week for Downtown Boston’s largest current proposed project: 2.4 million-square-foot mixed use complex on the site of the Government Center Garage. As reported Tuesday by the Boston Globe, HYM wants to build 1.2 million […]
Baltimore’s Inner Harbor to Get New Tenant; Phillips Seafood to Get New Home
By Adrian Maties, Associate Editor
Phillips Seafood announced last week that it will open a 500-seat restaurant by early October at the Inner Harbor’s Power Plant, in space left vacant last summer by ESPN Zone. By September 30, the restaurant in […]
Lenox and LIC Residential Developments Return to Life
By Veronica Grecu, Associate Editor
After receiving a $28 million low-interest construction and permanent loan through the Housing Asset Renewal Program, Queensboro Development will re-start a long-stalled residential development in Queens. The mixed-use development, located at 23-10 41st Ave. in Long […]
Renovation Plans for the Chicago Main Post Office Building Call for the Tallest U.S. Tower
By Veronica Grecu, Associate Editor
Bill Davies, a British developer who owns the currently vacant Chicago Main Post Office Building, has announced his plans to renovate the building and the surrounding area to transform the site into an “urban mecca” that […]
Opening Nears for New Hampton Inn & Suites
By Georgiana Mihaila, Associate Editor
With the opening date set for September 2011, Hampton Inn & Suites Miami Brickell-Downtown has begun wrapping up the final details by appointing two new members to the hotel’s senior staff. Eduardo Chapoval, appointed general manager, […]