News
CBRE, Maastricht University Rank Washington, D.C., as 10th Greenest U.S. City
Washington, D.C. is working hard to become one of the greenest cities in the United States and in the world. And its efforts seem to be paying off. Recently, CBRE Group, Inc. and Maastricht University, a public university in Maastricht, the Netherlands, have released the 2014 Green Building Adoption Index, a study which ranks the top 30 U.S. cities with the highest percentage of green commercial space. Washington, D.C. occupies tenth place on the list.
NAREE Special Report: Hines’ Johnson Outlines New Development Preferences
Expect some changes as the commercial real estate development market heats up, Hines vice chairman C. Hastings Johnson told the audience at the NAREE conference in Houston.
1155 Market Street Sold by Laurus Corporation for $72 Million
The Laurus Corporation has recently offloaded one of its most high-profile properties for a fee of $72.6 million. The private real estate investment and development firm has sold its 1155 Market Street in San Francisco, resulting in 56 percent Internal Rate of Return for investors.
Sterling Bay Companies Announces Partnership with IPDNA to Redevelop Chicago’s Historic Old Post Office
Sterling Bay Companies has recently announced a strategic partnership with International Property Developers North America to redevelop Chicago’s historic Old Post Office.
Hines to Build New 40-Story Office Tower in Denver
Hines recently announced plans to build a new 40-story office tower in Denver. The new construction will become the first office building of this height built in nearly three decades and, upon completion, will be one of the tallest office buildings in Denver.
Developers Top Off $60M SkyHouse Apartment High-Rise in Downtown Raleigh
Construction is moving forward for the 23-story SkyHouse apartment tower at the corner of Martin and Blount streets in downtown Raleigh.
Ascent to Develop New Data Center in St. Louis Tech Corridor for $85M
Ascent, a St. Louis-based provider of solutions for the development, design and operation of data centers, is expanding its footprint in its hometown, with plans to develop a new multi-tenant facility spread across 15 acres of a greenfield site.
Skanska Signs On to $100M LSU College of Engineering Renovation and Expansion
Leading development and construction company Skanska has announced that Skanska USA Building has signed a contract to renovate and expand Patrick F. Taylor Hall on the Louisiana State University (LSU) main campus in Baton Rouge.
North Las Vegas Approves SunCal’s Master Plan for Park Highlands West
SunCal is adding to the master planned community wave that has hit the Las Vegas area in recent months as a number of projects were revived by developers. The North Las Vegas City Council recently gave its approval to master developer SunCal’s proposed Park Highlands West community project. The development is just a part of the overall Park Highlands development initiative, and the recent approval essentially means that that large plot of land is being divided into East and West master-plans.
Three Multifamily Communities Coming Soon to Tucson-Area
The Estates at Madera Highlands, Westview Point and Sycamore Canyon – three master planned properties to keep tabs on over the second half of the year. Richmond American Homes of Arizona, a subsidiary of M.D.C. Holdings, Inc. recently purchased the lands located in Sahuarita, Tucson and Vail and proposed to finish all site works and have the communities open within the next four months.