Development

Turner Construction Commences Work on $93M Hospital Research Center in Ohio

With Turner Construction at the helm, ground has just broken on Nationwide Children’s Hospital’s (NCH) $93 million Research Building III in Columbus, Ohio. Turner is on track to complete construction of the 225,000-square-foot facility in 2012.

Welcome to the Neighborhood–USGBC Introduces New LEED Rating for Communities

The Washington, D.C.-based U.S. Green Building Council’s internationally recognized official stamp of sustainability has been awarded to millions of buildings around the world, but with the organization’s introduction of the LEED for Neighborhood Development rating system, entire communities can now achieve LEED certification.

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.