Development
Massive All-Season Water Park to Make a Splash in Toronto
Development group marbleLIVE is building a 100,000-square-foot, year-round indoor/outdoor water park and event complex in the Greater Toronto Area.
DeWitt to Develop Luxury Apartments in Wilmington, NC
Downtown Wilmington, N.C., will soon get a brand new addition to its in-demand pool of multi-family offerings, now that DeWitt Carolinas has revealed plans to commence development of Pier 33 Apartments this fall.
Tishman Develops Class A Project in Bulgaria; Candy Crush Saga Developer Relocates, Expands in Romania
Tishman International has completed the development of a 194,000-square-foot Class A project in Bulgaria. Meanwhile in Romania, mobile games developer King will expand its current operations in the city of Bucharest by leasing 18,000 square feet of space in the Opera Center office property.
Phase 1 of Wharf, M-U Waterfront Development in DC, Breaks Ground
Development of Phase One of the 24-acre, $2 billion The Wharf project along Washington, D.C.’s Southwest Waterfront got underway this week, eight years after it was proposed.
Related, Oxford Start Construction on NYC’s $700M Hudson Yards Eastern Platform
New York City’s $15 billion, 28-acre Hudson Yards mixed-use project moves closer toward realization with the commencement of construction of the Eastern Platform.
First Hospitality JV to Redevelop Chicago’s Famed Purple Hotel
First Hospitality Group has entered into a joint venture with North Capital Group to reinvigorate Chicago’s iconic Purple Hotel into the new SpringHill Suites Lincolnwood.
John Manning: Great Opportunities in Condos
John Manning, managing director, capital markets, at JLL, discusses the current apartment development cycle, the condominium market, and apartment investment sales in San Francisco.
GREG VIECELI: Net Lease Market from Lender’s Viewpoint
Greg Vieceli, executive vice president of EverBank.com, describes the circumstances under which EverBank.com will finance net lease properties in secondary and tertiary markets.
Chilean Developer Builds First U.S. Project: 185 KSF M-U Facility in Miami
Chilean company Red Megacentro is tapping into the U.S. market with its very first American redevelopment project, a 185,000-square-foot mixed-use facility in Miami.
Prologis Signs 2 Build-To-Suit Agreements in Europe
Prologis has signed two new agreements for build-to-suit projects totaling 244,000 square feet in the U.K. and Poland.