Development
RECon Special Report: Retailers Seek New Horizons Amid Redevelopment, Investment Buzz
As thousands of real estate professionals swarmed the vast exhibition halls of the Las Vegas Convention Center for RECon on Monday, executives paused briefly from the hectic activity to take stock of the show and the retail sector as a whole.
Bayfair Development Grabs 10-Acre Site in Tampa Area for Development of M-F Units
Bayfair Development has acquired a 10-acre parcel to build new apartment residences, snapping up the land from REDUS Florida Land in a deal orchestrated by commercial real estate services firm Cushman & Wakefield.
KDC, State Farm Break Ground for 17-Acre M-U Project in Dunwoody, Ga.
KDC has begun construction on Park Center, its new 17-acre master-planned project in the Perimeter Center area of Dunwoody, Ga.
NBA’s Lakers to Buy 5 Acres for New Training Center at L.A.-Area M-U Campus
The Los Angeles Lakers need a place to practice shooting hoops, so the NBA franchise has signed a deal to acquire a five-acre site at the Elevon at Campus El Segundo project in El Segundo, Calif.
International: HOCHTIEF, Kondor Wessels JV to Build 280-Unit Residential Development in Berlin
HOCHTIEF Projektentwicklung, a subsidiary of the HOCHTIEF Group, has partnered with Kondor Wessels on the construction of CEDELIA, a 280-unit residential development in Berlin-Zehlendorf.
International: Laurus to Develop 323 KSF Retail Project in Nigerian Capital
Construction on Jabi Lake Mall, a 323,000-square-foot retail development in Nigeria’s capital, Abuja, is underway, according to project and development manager Laurus Development Partners.
International: FRHI to Develop 7 New Hotels in MEAI Region
The MEAI (Middle East, Africa and India) region is set to see the development of seven new hotels operated by FRHI Hotels & Resorts.
International: DAMAC Launches New Phase at Capital Bay, New Property Management Company
One of the largest luxury real estate developers in the Middle East, DAMAC Properties, is releasing a new phase at its Capital Bay luxury multi-family project in Dubai’s CBD.
JLL, Golf Giant Norman Seek Investors for Australia’s $2B Reef Island Development
Global golfing giant Greg Norman, with the help of JLL, is spearheading a worldwide search for investors to capitalize on a $2 billion tourism project on Great Keppel Island, off central Queensland’s coast.