Development

Starwood to Build New Hotel in Samsun, Turkey

Starwood Hotels & Resorts Worldwide has signed an agreement with Tanriverdi Mensucat Sanayii A.S. to open a new-build Sheraton hotel in Samsun, in late 2014.

HCDA Approves Howard Hughes Corp.’s Project for 2 M-U Towers in Honolulu

Phase One of Ward Village, a massive mixed-use complex planned for 60 acres between downtown Honolulu and Waikiki, got a big boost this week when the Hawaii Community Development Authority approved two more towers to be built by the Howard Hughes Corp.

BH3, Gary Cohen Team Up on Upscale South Florida Island M-F Project

There are only so many private islands in South Florida and the last one with development potential, the former North Island at Island Estates in Aventura, Fla., has just been designated for a luxury multi-family project by Privé Development, a newly formed joint venture between BH3 Management and developer Gary Cohen.

First Ritz-Carlton Hotel to Open in Tel Aviv

One of the largest luxury hotel groups is set to open its first Israeli location – The Ritz-Carlton Herzliya, in an upscale residential town north of Tel Aviv.

$2B Urban Rejuvenation Project in London Under Development

The construction of One The Elephant, a 284-unit multibillion-dollar residential development designed by Squire and Partners, has finally kicked off in London.

Godrej to Develop 2 Residential Projects in India

The real estate arm of the Godrej Group, Godrej Properties Ltd., of Mumbai, has entered into two new development agreements: to develop a 13.8-acre property in Gurgaon, and to increase the size of its project in Panvel.

Fairway Market to be Anchor Food Market at Hudson Yards

Fairway Market has become the latest company to lease space in the South Tower of the Hudson Yards project, taking nearly 46,000 square feet on the ground floor of the first office high-rise to be built in the 28-acre mixed-use development on Manhattan’s West Side.

Manulife Launches SOM-Designed Office Project in Downtown Calgary

Manulife Real Estate is developing 707 Fifth St., an elliptical 27-story office tower slated to rise in the heart of downtown Calgary.