Development
Skanska Develops Medical Building in Connecticut for $149M
Skanska USA is building a new 645,800-square-foot medical specialty building on the Stamford Hospital campus in Stamford, Conn., at a cost of $149 million.
Brookfield Multiplex Develops $160M Residential Project in Melbourne
Brookfield Multiplex has completed the construction of the $161 million The Quays residential project in the NewQuay precinct of the Melbourne Docklands.
Tesla Eyes 4 States for $5B Battery Factory
Four Southwest states – Texas, Arizona, New Mexico and Nevada – are in the running to be the home of Tesla Motors’ $5 billion “Gigafactory” that would mass produce lithium-ion batteries for electric cars and create 6,500 jobs.
RFR, Vanke Break Ground on Luxury Condo Tower in Manhattan
RFR Holding and Vanke, China’s largest residential developer, broke ground Tuesday on 610 Lexington Ave., a luxury residential condominium on East 53rd Street in Midtown Manhattan.
Emaar Properties JV to Develop RE Projects in Saudi Arabia
Abdul Latif Jameel and Emaar Properties have officially gone into business together, looking to develop a number of projects in the Kingdom of Saudi Arabia.
Rooker Buys 90-Acre Mall Site in Atlanta for Redevelopment
Atlanta-based real estate development and construction company Rooker plans to buy a 764,000-square-foot mall on a 90-acre site in Union City, Ga., and redevelop the property.
David Durning: Prudential’s Construction Financing Strategy
David Durning, president & CEO of Prudential Mortgage Capital Co., describes the insurance company’s commercial property construction loan program.
Gallery: Adaptive Reuse
Developers are infusing new energy into adaptive reuse. This slideshow depicts examples of distinctive projects from around the country.
Adaptive Reuse in Hospitality: A Q&A with Hilton Worldwide’s Bill Duncan
The hospitality industry is vying to capture business and leisure customers, and transforming existing buildings into distinctive venues is growing in popularity as a way to stay a step ahead of the competition. A prolific developer of adaptive reuse projects, Hilton Worldwide has created one-of-a-kind hotels from a wide variety of properties, ranging from landmark Beaux Arts office buildings and stalled condominium projects to a former military academy. Bill Duncan, global head of the Homewood Suites and Home2 Suites Brands, offered an inside view of adaptive reuse trends and strategy in a Q&A with CPE Senior Editor Paul Rosta….
You must be logged in to post a comment.