Development
Digital Realty Expands into Chicago Suburbs with 575 KSF Campus
Digital Realty Trust, living up to its promise to create demand in the Midwest market, has acquired a 575,000-square-foot redevelopment project in a Chicago suburb to transform the property into a data center.
Forestar, Canyon-Johnson Partner on Luxury Austin Multi-Family Community
Forestar Group has partnered with Canyon-Johnson Urban Funds to develop Eleven, a new multi-family community at the southeast corner of East 11th St. and I-35 in Downtown Austin, Texas.
Brentwood’s $61M Civic Upgrade Makes its Public Debut
By Alex Girda, Associate Editor In a bid to create a more vibrant image and revitalize its core, Brentwood has just wrapped a $60.8 million investment in its public buildings and spaces. Located in eastern Contra Costa County, the city of 51,000 marked the official opening of the multi-faceted project last month. A highlight is […]
The Return of Spec: Myers Crow & Saviers Begins 135 KSF Office Project in Houston’s Energy Corridor
With nary a tenant commitment on the table, Myers Crow & Saviers Ltd. prepares to kick off construction of Mason Creek Office Center, a 135,000-square-foot building in Houston’s Energy Corridor in Katy, Tex. Ground is scheduled to break on the speculative project in the third quarter.
Fountain Residential Breaks Ground on Luxury Student Housing at University of North Texas
Work has gotten underway on 33 North, a premier 427-bed student housing community just a stone’s throw from the University of North Texas in Denton. Fountain Residential Partners, in conjunction with Crosswind Development Partners, is behind the project.
New Home Demand and Building Rebound; Land Prices Lag
By Alex Girda, Associate Editor After a long drought, the Las Vegas housing market finally has some good news for homebuilders. New home permits are up 40 percent across the board, with Las Vegas, North Las Vegas and Henderson among the most active areas, according to VegasInc. Prices are staging a comeback as well; so […]
Boyd Keeps Echelon Place Alive After 2 Years of Limbo
By Alex Girda, Associate Editor Since financing shortfalls forced Boyd Gaming to halt construction of the $4.8 billion Echelon Place project two years ago, the mixed-use project has stood as a cautionary tale of overreach. Recently, the developers recently took steps to keep the incomplete project alive, petitioning Clark County to extend several key deadlines. […]
Slidell Memorial Hospital Expands Cardiology, ER Units
By Eliza Theiss, Associate Editor Slidell Memorial Hospital broke ground on its much needed new wing Tuesday. The community hospital has been struggling for some time now because of space shortages and increasing numbers of patients. The Times-Picayune reports that the number of patients treated in 2010 at Slidell Memorial was 3,500 more than it […]
International Law Firm Signs as Anchor Tenant for $950M CityCenterDC Project
International law firm Covington & Burling L.L.P.’s search for its new global headquarters in Washington, D.C., has ended with it agreeing to become the anchor office tenant in the $950 million CityCenterDC mixed-use project, signing a letter of intent to occupy approximately 420,000 square feet of space.
Riverbend Project Sent Back to Drawing Board
By Gabriel Circiog, Associate Editor A controversial mixed-use project along the San Diego River has been sent back to the drawing board by the Navajo community planning group, KPBS.org reports. The Riverbend project, proposed on 23.5 acres of land in the Grantville neighborhood, between Mission Gorge Road and the San Diego River, calls for the […]