News
CyrusOne Grows in Austin
CyrusOne, the global colocation provider, recently announced the next step in its Texas expansion: the purchase of an additional powered shell in Austin’s Met Center. The new Austin III data center is designed to be CyrusOne’s largest facility in Austin so far, encompassing 172,000 total square feet of shell and 120,000 colocation square feet. The development will feature up to 12 megawatts of power and over 25,000 square feet of class A office space.
Gilbane Launches ‘The Verge’ for UC Students
Gilbane Development Company is bringing its “Next Level of Student Housing” program to Cincinnati. The Providence, RI-based developer is currently working on The Verge, a brand new, modern apartment community at the corner of West McMillan Street and West Clifton Avenue, just one block from the main campus of The University of Cincinnati.
Miller-Valentine Eyes 2 Projects in Southwest Ohio
The Miller-Valentine Group has big plans for Southwest Ohio. According to recent news, the commercial and multifamily real estate development and construction company intends to start work in the near future on two projects in the Dayton and Cincinnati metro areas.
Expansion Plans Promise 250 New Jobs
Two companies are expanding in the Cincinnati-Dayton corridor. According to recent news, Masters Pharmaceutical and Quaker Chemical Corp. will bring a total of 250 jobs to the area.
The Langham Gets the Gold
The Langham, Chicago has recently been awarded LEED Gold Certification by the U.S. Green Building Council.
DRA to Seek Proposals for Main St. Tower
The Downtown Redevelopment Authority (DRA) of Houston recently issued a request for qualifications for the acquisition, clearing and development of a 35,579-square-foot site at 1111 Main St. The official RFQ calls for the development of a multifamily project and/or a mid- or high-rise hotel tower with extensive retail components on the lower floors.
Ridge Development Plans Industrial Park for N. Fort Worth
Ridge Development, the development arm of Transwestern Development Co., recently announced plans to develop Railhead Industrial Park, a 642,000-square-foot, dual rail-served industrial park. The project will be developed in two phases on a 47-acre tract in north Fort Worth.
Dual-Branded Hyatt Place/Hyatt House Hotel Tops Out in Denver
A dual-branded Hyatt Place/Hyatt House hotel has topped out in downtown Denver.
Old Town, Barrett & Stokely Unveil Mixed-Use Residential Project in Carmel
Old Town Development has partnered with Barrett & Stokely for the construction of the $45 million Midtown West residential project in Carmel.
Up-and-coming Real Estate Firm Acquires Apartment Community in Memphis
An affiliate belonging to Michigan-based ROCO Real Estate recently acquired The Woods at Ridgeway Apartment Homes for $18.5 million. The Woods at Ridgeway is a 260-unit apartment community located at 6277 Lake Arbor Drive in Memphis, TN.