Development

Makowski Ringel Starts $24.6M Apartment Project in Traditional-Style Master-Planned Community

Shilling Farms, the 443-acre Collierville master-planned development of Boyle Investment Co. is about to become one apartment complex richer

Greater Charlotte Area Gets 50K Sq. Ft. Data Center

The North Carolina Research Campus in Kannapolis has announced signing its eighteenth business.

$40B Transoceanic Canal Project Resurfaces in Nicaragua

An initiative for the construction of a new canal between the Pacific and the Caribbean is underway after a century of hibernation.

Oxford Properties to Develop Office High-Rise in Downtown Toronto

Oxford Properties Group has unveiled plans to develop the new 40-story Ernst & Young Tower in the heart of downtown Toronto.

World’s Tallest Twisted Tower Unveiled in Dubai

Cayan Investment and Development has inaugurated the world’s tallest twisted building: Cayan Tower. Previously called the Infinity Tower, the 1,017-foot-tall residential tower joins other record-breaking structures in Dubai Marina, such as the world’s tallest hotel – JW Marriott Marquis – and the world’s tallest residential tower – Princess Tower – adding a little “twist” to Dubai’s skyline.

Chatham Lodging Trust to Acquire Pittsburgh Hyatt Place for $40M

Chatham Lodging Trust has agreed to purchase the 178-room Hyatt Place Pittsburgh/North Shore near downtown Pittsburgh for $40 million. Scheduled for completion by June 17, the transaction is subject to customary closing requirements and conditions.

San Francisco Bay Area Properties Put Up for Sale as California Looks to Pay Off Wall of Debt

The Department of General Services is planning the sale of a large section of surplus land in its administration, and marketing has commenced for the property. According to a press statement, the DGS will be listing the property and talking with interested buyers until the 3rd of October, this year. The 81 acres of land that are being offered up for sale by the state of California were once belonged to the former Agnews Developmental Center.

New York-Based Co. Buys Hope Valley Square in Durham for $7.7M

An affiliate of DNA Partners of Cold Spring Harbor, N.Y. has acquired the 40,524-square-foot Hope Valley Square retail center in Durham.

$11M Makeover Planned for Joaquin Murrieta Park

In a $1.4 million deal, Charter School Capital, Inc. acquired an 11,308-square-foot retail building at 3434 East Broadway in Tucson.

Muss Development to Build New Foxwoods Resort in Catskills

Foxwoods Resort Casino and Muss Development have signed a partnership agreement to build a destination resort style casino and hotel on a 500-acre site in Liberty, New York.