Development
Lowe Names Newman President of Real Estate Group
Real estate investment, development and management firm Lowe Enterprises, Inc., has named Richard Newman, Jr., President of the firm’s Real Estate Group.
Design Completion Paves Way for Start of San Francisco’s $4B Transbay Transit Center
The San Francisco Transbay Joint Powers Authority’s (TJPA) development of the city’s new state-of-the-art Transbay Transit Center and Park is right on track. Now that Pelli Clarke Pelli Architects has submitted the final design report for the $4 billion downtown project, there is nothing stopping the first phase from getting underway this August.
New Partnership to Develop Affordable Housing Across the Globe
The affordable housing problem extends far beyond U.S. borders, and Indianapolis-based 3D Global Solutions has just formed a new partnership in an effort to address the problem. The Indianapolis-based consulting firm entered into a Joint Development Agreement with Toronto’s Innovative Composites International Inc. for the creation of affordable housing and temporary shelters around the world.
Healthcare Reform to Boost Healthcare Real Estate Industry
Healthcare real estate, having managed to fare better than most commercial real estate sectors during the industry’s downturn, is now positioned to blossom as a result of the recent passage of the highly contentious Patient Protection and Affordable Care Act and The Healthcare and Education and Reconciliation Act of 2010, according to a report from Fitch Ratings.
Tropicana Las Vegas to Go Tropical with $165M Makeover
The U.S. gaming market has yet to rebound, but Toronto, Ontario-based Onex Corp., owner of Tropicana Las Vegas Hotel & Casino, is preparing for the recession-weary public’s impending return to the tables with the commencement of its massive transformation of Tropicana Las Vegas.
MIPIM Coverage: What architecture can and cannot do for evolving cities
Six noted and respected architects, including Daniel Libeskind, Bernado Fort-Brescia and Manuelle Gautrand, discussed the role of architecture in our changing cities.
MIPIM Coverage: What makes a successful city?
City success is typically not predictable. There are too many variables to be able to predict the long-term financial viability of a city, and trends have led many to wrong conclusions pertaining to the futures of numerous cities. However, successful cities do have common characteristics.
Turner Wins $73M Government Contract for DC Office Building Transformation
Thanks to allotted funds from the American Recovery and Reinvestment Act of 2009, the government has maintained a steady stream of construction activity during the recession, and Turner Construction Co. is getting in on the game.
Port Authority Awards $542M Contract for WTC Transportation Hub
The Port Authority Board of Commissioners has awarded the largest contract to date — $542 million – to Skanska USA Civil Northeast, Granite Construction Northeast, and Skanska USA Building.
Green Light for $386M First Phase of Kansas City Casino
The path has been cleared for work to commence on a new gaming property in Kansas City, Kan., now that the Kansas Entertainment L.L.C. has received its gaming license from the Kansas Racing and Gaming Commission and approval under the Kansas Expanded Lottery Act.