News
Luxury Hotel Breaks Ground in Fells Point
Last week, Sagamore Development Company and the City of Baltimore celebrated the groundbreaking for a new luxury hotel on the historic Fells Point waterfront. Mayor Stephanie Rawlings-Blake and Kevin Plank, founder of Sagamore and CEO of Under Armour, attended the ceremony together with many other elected officials.
JV Buys Fairways at Towson Apartments for More than $100M
Tryko Partners, LLC has joined forces with the Investcorp Group for the acquisition of a large apartment community in the Baltimore metro area. The two companies have paid more than $100 million to buy the Fairways at Towson Apartments. They now plan to start work on a multi-million-dollar renovation project for the property.
Tornado-Shaped Tower Proposed for Downtown Tulsa
An Oklahoman architecture firm recently unveiled an innovative proposal for Tulsa’s skyline: a tornado-shaped skyscraper with a revolving rooftop restaurant.
Forbes Names Cincinnati, Dayton to Ranks of Affordable Cities
Southwest Ohio is one of the most affordable places in the United States. At least that’s what Forbes thinks. The business magazine has recently released a list of the most affordable cities in the country. Cincinnati and Dayton are both in the top 10.
Lakeway Resort Wraps 18-Month Makeover
The AAA Four Diamond Lakeway Resort and Spa has reached the end of a complex renovation that took over 18 months to complete. Behind the nearly $7 million expansive makeover is the Dow Hotel Company.
Apple Takes Space in Downtown Cupertino
Apple continues to bolster its influence on the Silicon Valley city of Cupertino as the tech giant recently completed a leasing deal for an under-development office campus located in the vicinity of its ambitious Apple Campus 2 project. The company has a large workforce in the area and occupies a vast amount of real estate in Silicon Valley, with both continuing to grow. Apple is now set to anchor the Main Street Cupertino mixed-use development project, a venture that aims to create a new downtown for the city.
Net-Zero Classrooms Garner USGBC Award
By Alex Girda, Associate Editor The U.S. Green Building Council’s California Central Coast Chapter recently gave its Green School Award to a $2 million net-zero modular project that replaced aging classrooms in the Oak Park Unified School District. Balfour Beatty Construction, the general contractor, assembled seven 960-square-foot classrooms at Oak Park High School, replacing six […]
Penthouse at One Queensridge Tower Sells for $7.7M
A short while after Veer Towers hit the $100 million mark in sales, the Las Vegas condominium market hit another high. Completed by new Las Vegas brokerage Char Luxury Real Estate, the deal for the unfinished Crown penthouse at the One Queensridge Place was worth a record $7.7 million. The upscale residence was acquired by a Canadian buyer, in what is the highest priced property sold in the city year to date.
$24M Magnolia Marketplace Fills Retail Gap in Central City
By Eliza Theiss, Associate Editor Magnolia Marketplace has celebrated its grand opening, filling a significant retail void in Central City. The $24.4 million shopping center is the product of a partnership between boutique urban real estate development firm JCH Development and Covington, La.-based Stirling Properties, a big player on the local retail development scene. The […]
Holland Partner Group Acquires SLU Development Site Near Amazon’s Denny Triangle Campus
A new development project Is set to hit an already bustling area of Seattle. Holland Partner Group, a development company that mostly operates in the Pacific Northwest, recently acquired a high-profile development site in South Lake Union for a reported amount of $20.1 million. The new owner of the site is ready to propose a major residential development in the Denny Triangle, an area of Seattle that has been energized in recent years by Amazon’s ambitious high-rise office campus project.