News
HCDA Green-Lights Ward Village Gateway Project in Kakaako; OliverMcMillan to Develop 400-Unit Residential Community in Kapolei
By Adriana Pop, Associate Editor The Hawaii Community Development Authority has approved the first residential and commercial development project included in Phase Two of the Ward Village Master Plan in Honolulu, which consists of two high-rise towers with street-level commercial and recreational space. According to the Pacific Business News, the upcoming Ward Village Gateway mixed-use […]
Chesapeake Realty Partners’ ‘Industrial Chic’ Apartments Coming to South Baltimore
The south end of Charles Street, in Baltimore, was once an unattractive industrial area. But that all changed in the last few years. It all started in 2012, with the opening of 1901 South Charles and its 193 luxury apartments, and more apartments are on their way.
David Tufaro’s Whitehall Mill Mixed-Use Project to Break Ground Early Next Year
A new mixed-use project is coming to Baltimore. David Tufaro and his company, Terra Nova Ventures, plan to break ground early next year on a retail, office and apartment complex on Clipper Mill Road. It will be known as Whitehall Mill.
Madison, USAA Team Up to Construct $88.5 Million Mixed Use Property in Clinton Hill
Almost one month after taking ownership of the Beigel’s Bakery building at the corner of Waverly Avenue and Atlantic Avenue in downtown Brooklyn, real estate investment company Madison Realty Capital announced plans to reconvert the century-old structure into a rental complex with retail spaces.
Economy Watch: November Job Gains, Long-Term Unemployment
The November jobs report showed increases in hiring across various sectors of the economy. But marginal attachment to the labor force and long-term unemployment are proving to be hard nuts to crack.
Tocci Breaks Ground on 34-Unit Station Landing Apartments in Suburban Boston
With so many residential projects in the pipeline or already completed, Waltham is shaping up as one of Boston’s most desirable housing markets.
United States Green Building Council Awards LEED Gold Certification to US Bank Tower
The U.S. Bank Tower in L.A., one of the most high-profile office properties in the downtown area was recently awarded Gold certification under the U.S. Green Building Council’s LEED for Existing Buildings Rating System. The building is currently under the ownership of OUE Limited, while property management duties are being handled by international real estate firm Hines. Tenants at the U.S. Bank Tower include names such as U.S. Bank, Hinshaw & Culbertson, Regus, and the Special Olympics.
Blighted Orinoka Mills Textile Factory Rehabbed Into 51-Unit Rental Building
As local authorities are working on strategies to redevelop derelict or abandoned buildings throughout Philadelphia, the city’s historic neighborhoods are buzzing with adaptive reuse projects.
Red Lion Hotels Corporation Buys Historic Baltimore Property, Plans to Reopen it As New Hotel RL
Red Lion Hotels Corporation has recently acquired Baltimore’s historic Keyser Building, for $15.7 million. The Spokane, Washington-based hospitality company plans to reopen the property as a Hotel RL, a new brand, which it launched this fall.
820 Monroe Avenue Joins 616 Lofts’ Wave of Adaptive Reuse Projects in Grand Rapids
The plan to reconvert the former industrial site located at 820 Monroe Avenue in Grand Rapids into apartments and commercial space is just months away from becoming reality.