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Marriott Marquis Times Square to Get $140M Retail Makeover
Host Hotels & Resorts Inc. has just struck a deal with Vornado Realty Trust that will bring new prominence to the New York Marriott Marquis Times Square with a $140 million retail redevelopment.
Marriott Vacations Kicks Off Third Phase of 223-Unit Timeshare in Las Vegas
Seven years after opening Marriott’s Grand Chateau in Las Vegas, Marriott Vacations Worldwide Corp. has commenced construction of the third tower at the complex of ownership villas.
Macerich Taps Developers for $600M Mixed-Use Suburban D.C. Project
Hines, Kettler and Woodbine Development Corp. will integrate office, residential and hotel components into the 44-year-old Tysons Corner Center regional mall.
Archon Buys Colorado Apartment Portfolio for $90M
The transaction is reportedly Colorado’s largest multi-family portfolio sale to a single buyer since 2006.
AFL-CIO Provides $90M for Rehab of Boston Affordable Housing
The investment in MassHousing bonds and notes will help finance the $148 million renovation of 338 units at two low-income properties.
Olympics Games’ Centerpiece Gets Architectural Acknowledgment
With the London Olympic Games underway, more than 10,000 athletes are attracting the world’s attention. But winning the right to host the Games requires the ability to provide appropriate venues in which to showcase talent, and this year’s Olympic Stadium is no exception.
Motorola Successor to Take Nearly 600 KSF at Chicago’s Merchandise Mart
Motorola Mobility, which was purchased by Google barely two months ago, has signed a lease for 572,000 square feet at the iconic Merchandise Mart in Chicago, the company and property owner Vornado Realty Trust announced late last week.
$7.5B Master Plan for D.C.'s Union Station Revealed
The group behind the comprehensive transformation of Washington, D.C.’s Union Station has revealed the Washington Union Station Master Plan, detailing a massive project that will cost approximately $6.5 billion to $7.5 billion to realize.
NOLA Mall Receives $70M Outlet Upgrade
The Riverwalk Marketplace along the New Orleans waterfront will be transformed into an upscale outlet center in a $70 million redevelopment that will close the current mall for about a year.
Express Picks Flagship Locations on Two Coasts
The apparel retailer has leased 30,000 square feet in Manhattan’s Times Square and a 16,000-square-foot store in San Francisco’s Union Square.