Development
Golub & Co. Breaks Ground on 45-Story Apartment Building in Chicago’s Streeterville
A joint venture between Golub & Co. and GID has broken ground on a 45-story apartment high-rise, at 545 N. McClurg Court in Chicago’s Streeterville neighborhood.
Sustainable Hudson Yards
The Related Cos.’ innovative mixed-use mega-project Hudson Yards will feature a highly advanced microgrid.
Pioneer Spirit: Arturo Sneider
For more than two decades, Los Angeles-based Primestor Development Inc. has been introducing national retail brands to urban communities long bypassed by others. Under CEO Arturo Sneider, the company brings together elected officials, community leaders, lenders and other stakeholders and creates architecturally appealing projects with a varied lineup of retailers carefully tailored to the community’s needs.
INTERNATIONAL: Grand Canal Land to Develop Tallest Skyscraper in Southeast Asia
Grand Canal Land is developing a 125-story “Super Tower” as part of Bankgok’s new central business district.
Hines Buys Suburban Phoenix Site with Plans to Replace Eyesore with M-U Project
Hines has made a purchase that will soon bring a sigh of relief to many residents of the City of Chandler, roughly 25 miles outside of Phoenix.
Hillwood Expands into Canada, Europe
Hillwood is entering the Canadian real estate market, with plans to build the largest speculative industrial development in Alberta. The company also unveiled plans to enter the European logistics real estate market, with $1.3 billion worth of investments over the next three to four years.
Greater Newark Housing Partnership Develops 2 Dozen Affordable Apartments in Newark, NJ
Greater Newark Housing Partnership has teamed with Parkmont Housing and Redevelopment to build 24 new affordable apartments in Newark’s Fairmount Heights neighborhood, inside an abandoned South 10th Street building, which once served as a psychiatric hospital.
Pennrose JV Opens 423 KSF Adaptive Reuse Development in Winston-Salem, NC
After a $54 million investment, Pennrose Properties and C.A. Harrison Cos. have opened the doors of Plant 64, an adaptive reuse development in downtown Winston-Salem, N.C.
Construction Begins on $230M First Phase of M-U Project in Philly
East Market, a mixed-use project spanning a full city block in Philadelphia’s Center City, has moved from the drawing board to the ground as construction commences on the $230 million first phase of the four-acre development.