Development

Building Up

(change in U.S. commercial real estate under construction)

INTERNATIONAL: World Class Land Launches Tallest Residences in Southern Hemisphere

In case you haven’t heard, a new addition to the stratosphere of luxury real estate will soon rise in Melbourne’s Southbank.

INTERNATIONAL: Hard Rock Hotel Riviera Cancun to Open in 2017

Hard Rock International will be rocking it in Cancun, with the opening of a new, all-inclusive oceanfront hotel.

INTERNATIONAL: Skanska Secures Contract for Sports Hall, Supermarket in Stockholm

Skanska has inked an agreement for the construction of a new development project in the Huddinge municipality of Sweden’s capital.

Skanska Expands Hospital in Central Texas

In response to new ACA needs, Skanska USA has been selected to spearhead construction of a 236,800-square-foot addition to a hospital in central Texas.

INTERNATIONAL: Canada Pension Plan Investment Board Forms JV to Develop Massive M-U Project in China

The Canada Pension Plan Investment Board’s construction plan for a major mixed-use development in China’s Jiangsu Province marks the company’s first project of its kind in this part of the world.

Tishman Speyer Expands Footprint in Boston

Tishman Speyer expects to break ground later this year on a mixed-use development with offices and luxury condos at Pier 4 in Boston’s hot Seaport District.

Trammell Crow Co., Prudential JV Feed Chandler, Ariz.’s Hungry Office Market

Trammell Crow Co. and Prudential Real Estate Investors have answered Arizona’s growing demand for office space with the planned development of Mach One.

Starwood, KFK Team on Adaptive-Reuse Project in Downtown Dallas

To feed the hunger of the growing Downtown Dallas market, Starwood Hotels & Resorts Worldwide and KFK Group have teamed up to redevelop an older building into a Westin-managed hotel.