Development
Dutch Architects to Build M-F Complex on Water in Netherlands
Architecture firm Waterstudio plans to build a floating multi-family complex called The Citadel on a new development site in Naaldwijk, Holland.
Luxora to Build M-U Mega Development in India
Luxora Infrastructure Pvt Ltd. is set to build a mixed-use mega development called Ensaara Metropark in Nagpur, the state of Maharashtra, in India.
Shanghai CRED Buys Peppers Carrington Resort in New Zealand
Shanghai CRED Real Estate has purchased Peppers Carrington Resort in New Zealand and plans to invest millions of dollars over the next few years to help the resort reach its full potential.
Shanghai Zendai to Develop $8B Financial Hub in South Africa
Hong Kong-based developer Shanghai Zendai Property Ltd. is investing $7.8 billion in the development of a mixed-use project in Johannesburg over the next 15 years.
Jay Paul Breaks Ground on San Francisco’s 181 Fremont Tower
Jay Paul Co. broke ground on 181 Fremont St., a 54-story, 684,000-square-foot residential and office tower near the Transbay Transit Center in San Francisco’s South of Market district.
Hillwood, Sovereign Wealth Fund Wrap First Closing of $1B Industrial Venture
The partners expect to ultimately raise an aggregate $400 million, which they intend to leverage for $1 billion in acquisitions and development over the next three to four years.
Inland, MAB Launch $325M Retail Development Plan for Southeast
The joint venture’s five-year development plan will target demographically strong metropolitan areas in the Carolinas, Georgia, Florida, Virginia and Washington, D.C., and is expected to result in the construction of as many as 20 new grocery-anchored shopping centers.
NRP to Develop 348-Unit Apartment Community in Ohio
The NRP Group is developing The Vue, a new four-story, 348-apartment community in Beachwood, Ohio.
$60M M-F Project Green-Lighted for Raleigh’s Apartment Hungry Gen-Y
SkyHouse Raleigh, a 320-unit luxury high-rise, will soon sprout up downtown now that Novare Group, Batson-Cook Development Co. and Edison Land have issued a notice to proceed for the $60 million project.