Development
Ground Breaks on $520M Washington Marriott Marquis
Quadrangle Development Corporation and Capstone Development have just kicked off construction of the Washington Marriott Marquis, a 1,175-room property that will serve as the convention center hotel for Washington, D.C.’s 2.3 million square-foot Walter E. Washington Convention Center.
Labor Dispute Prompts Ammunitions Manufacturer to Build $100M Facility in Mississippi
Olin Corp., following failed union negotiations with workers, has decided to relocate its Winchester Centerfire Operations–and the accompanying 1,000 jobs–from East Alton, Ill., to Oxford, Miss.
St. Louis Organization Seeks Incentives Approval to Win Yet Another Express Scripts Expansion Project
The St. Louis Economic Development Council has submitted a request to St. Louis County for an incentives package designed to encourage Express Scripts Inc. to build its new $63 million facility in its own backyard.
Salesforce.com Pays $278M to Develop 2 MSF San Francisco HQ
The enterprise cloud computing company has just closed its purchase of 14 acres in the Mission Bay neighborhood.
Government Takes LEED Certification Commitment Up a Notch
In an ongoing effort, dictated by President Obama to increase the federal government’s environmental friendliness, the U.S. General Services Administration has raised the sustainability standard for new government-owned real estate by pushing up the minimum requirement for all new building construction from LEED Silver to LEED Gold.
Novartis to Shell Out $600M for Cambridge Research Headquarters Expansion
Cambridge, Massachusetts’ biggest employer is about to get even bigger.
DPR Breaks Ground on 230,000-SF Alta Bates Patient Care Pavilion in Oakland
Slated for completion in early 2014, the $350 million building will house 238 medical/surgical and acute rehabilitation beds.
Cancer Claims Liberty’s Gildea
Gildea died at the age of 59 after receiving yearlong treatment for lung cancer.
Environmental Impact Statement Advances $1B Mixed-Use Compound in Hawaii
DW ‘Aina Le’a Development L.L.C., developer of the $1 billion The Villages of ‘Aina Le’a on the South Kohala Coast in Hawaii, can rest easy now that the County of Hawaii Planning Department has accepted the final Environmental Impact Statement for the master-planned community.
Bulgarian Experience: Tishman International Builds at Sofia Airport
Tishman International Cos. chairman Alan Levy takes CPE senior editor Paul Rosta behind the scenes of the development of Sofia Airport Center.