News
New Kellogg Service Center to create 600 Jobs in Grand Rapids
Kellogg, the multinational cereal maker headquartered in Battle Creek, MI, announced plans for a regional service center in Grand Rapids that is part of the company’s four-year restructuring and efficiency program known as “Project K”.
Mormon Church Reveals Plans for Apartment Tower, Meeting House in Center City
With construction at a new temple in Center City Philadelphia advancing according to plans, Mormon Church officials recently revealed renderings of another development that will be located just one block from the future temple, on an existing surface parking lot immediately north of Vine Street and 16th Street.
Brookfield Multiplex to Build $154M Hospital in New South Wales
Global contractor Brookfield Multiplex has received a contract to build the new South East Regional Hospital on a 43-acre site in Bega, New South Wales, for $154 million.
Palmetto to Develop 4,500-Acre Medical Campus in SC; Phase One to Cost $135M
Palmetto Primary Care Physicians and Equity Inc. are developing a $135 million health and wellness campus in Summerville, S.C., featuring two 150,000-square-foot medical buildings.
Auction.com to Auction Woolworth Building in Downtown LA
The historic Woolworth Building at 719-725 South Broadway in downtown Los Angeles will go up for auction on March 10, according to Auction.com.
Economy Watch: Home Starts Drop in January; Fed Likely to Continue Tapering
Privately owned U.S. housing starts in January dropped 16 percent compared to the revised December estimate. The Fed’s tapering of its bond-buying program will probably continue.
Tucson School District Turns Tucson Schools into Daycare Centers
Two elementary schools in Tucson will soon become daycare centers as the Tucson Unified School District recently decided to alter the function of Schumaker Elementary and Brichta Elementary in order to create low-cost child-care centers for employees.
Seven-Acre Townhome Project Breaks Ground in Rezoned Sawmill District
By Anca Gagiuc, Associate Editor Located north of Albuquerque’s Old Town, the Sawmill district is an area that recently has been rezoned from industrial to residential. The scenery changes progressively into a colorful mix of housing, commercial spaces and industrial lots. A groundbreaking event was by Sawmill Community Land Trust and Sawmill Crossing Partners last […]
Mortenson Construction Survey: ACA Will Impact Design of Healthcare Facilities
The results of Mortenson Construction’s latest healthcare industry survey are in, and among the many conclusions about the impact of the Affordable Care Act is respondents’ indication that its implementation will lead to notable changes in facility development and design.
CBRE Global Investors Buys 330-Unit Apartment Complex in Atlanta from Equity Residential
CBRE Global Investors has boosted its Atlanta multi-family portfolio with the purchase of Alexander on Ponce, a 330-unit apartment complex in the city’s Midtown submarket, from Equity Residential.