Development

Starwood Reopens Historic Parisian Hotel

Starwood Hotels & Resorts Worldwide unveiled the restored Prince de Galles, a venue that is currently part of the Luxury Collection Hotels & Resorts brand.

CPE Announces the 2013 Distinguished Achievement Award Winners

CPE is proud to present the winners of the 2013 Distinguished Achievement Awards.

Tishman Speyer, China Vanke Break Ground on Luxury Condos in San Francisco

A JV between Tishman Speyer and China Vanke has begun construction on Lumina, a community of 655 luxury condominiums with retail and parking on the San Francisco waterfront.

Crescent Buys 2 Acres in Downtown Orlando’s Central Station

It’s a small purchase, but it moves a major mixed-use development in downtown Orlando a step closer to fruition. Crescent Communities has purchased a two-acre site in Orlando’s CBD from RIDA Development Corp.

Ground Breaks on $450M Brigham Research, Clinical Facility in Boston

Boston’s status as the leading life sciences hub in the country will only be bolstered now that ground has broken on Brigham and Women’s Hospital’s $450 million Brigham Building for the Future.

Street-Works, Beal Cos. Bringing 3.5 MSF M-U Development to Quincy

Street Works Development and The Beal Cos. have teamed with the city of Quincy, Mass., on Merchants Row, the first major block of mixed-use development and pedestrian-friendly public space that is the first phase of the Quincy Center Master Development Plan.

Ohio Investor Acquires Holly Springs Shopping Center for $11M

Aurora-based Optimus One LLC has recently purchased the SouthPark Village shopping center in Holly Springs. According to the Triangle Business Journal, SouthPark Village Investments I of Atlanta, which is led by Philip E. Stephens, sold the property for $11 million.

Starwood Signs Deal to Open 1,500 Guestrooms in Makkah

Starwood Hotels & Resorts Worldwide has entered into an agreement with Jabal Omar Development Co. that will result in the opening of three new hotel properties in the Holy City of Makkah, Saudi Arabia.

American Society of Radiologic Technologists Debuts $8.5M Expansion

In October 2011, The American Society of Radiologic Technologists was announcing the incipient stages of renovation of its Albuquerque office. The construction project included the addition of 30,000 square feet to the existing building.

MIPIM Special Series — Part Three: Europe

Associate editor Eliza Theiss presents a focus on the European real estate market, the third in a three-part series of reports on worldwide real estate based on presentations at the MIPIM world property market in March.