Development
INTERNATIONAL: BBC Television Centre Redevelopment Gets Green Light
A revised master plan submitted by Stanhope and Mitsui Fudosan for the iconic BBC Television Centre was approved by the London Borough of Hammersmith and Fulham planning committee.
Carr Kicks Off Pre-Construction Phase of Office Building in Arlington, Va.
The site at 2311 Wilson Blvd. in Arlington, Va., will soon sprout a premier 175,000-square-foot office building now that Carr Properties has commenced demolition and the pre-construction phase for the project.
Crescent Communities Buys 2-Acre Site in Nashville’s Music Row to Build M-U Project
Crescent Communities has acquired a 2.1-acre site in Nashville’s iconic Music Row district with plans to develop a mixed-use community containing 275 luxury apartments and street-front retail space.
Trammell Crow, Clarion Break Ground on Phase Three of Industrial Project in Arizona
Trammell Crow Co. and joint venture partner Clarion Partners have started construction on the third phase of Coldwater Depot Logistics Center, a 187,000-square-foot, Class A speculative industrial building in Avondale, Ariz.
INTERNATIONAL: Brookfield Multiplex to Redevelop Australia’s Largest Hotel
M&L Hospitality tapped Brookfield Multiplex to expand and renovate the Four Points by Sheraton Sydney, Australia’s largest lodging facility.
Patrick Phillips: Industry Pulse
Patrick Phillips, global CEO of the Urban Land Institute, evaluates the commercial real estate industry’s mood and focus, based on the Fall Meeting in New York City.
CT, Prudential JV to Develop 5 Industrial Buildings in Riverside, Calif.
A new $120 million joint venture between CT Realty and Prudential Real Estate Investors has made its first acquisition, of 13.1 acres of land in Riverside, Calif., where the JV plans to develop five industrial buildings.
KSK, Kempinski to Manage M-U Development in Kuala Lumpur
Kempinski Hotels and KSK Land have signed a management agreement for the upscale 8 Conlay mixed-use development in Kuala Lumpur, Malaysia.