News
Clarion Partners Joins Honest Buildings Network as Its Largest Owner
Clarion Partners has joined the Honest Buildings network as the latter’s largest property owner and manager.
Economy Watch: Housing Starts Spike; California Foreclosures Drop; China’s Growth Slows Again
Housing starts jumped, with single-family homes being the largest component. California’s foreclosures fell to the lowest level since 2007. China has continued a slowdown in growth the last two years, but recently showed a slight uptick.
ULI Special Report: Emerging Trends Respondents Optimistic About Recovery
Optimism permeated the Emerging Trends in Real Estate results this year, with respondents finding a marked improvement over last year. Researchers gave reporters a sneak peak Wednesday during the ULI Fall Meeting.
ULI Special Report: Penalosa Suggests Rebuilding Cities for Long-Term Viability
By Suzann D. Silverman, Editorial Director Have U.S. cities evolved appropriately for future needs? Not at all, according to Enrique Penalosa. The president of the Board of the Institute for Transportation and Development Policy of New York offered new and sometimes radical suggestions for change as the opening keynote speaker for the ULI/Stan Ross Real Estate Trends Conference on Wednesday during the Urban Land Institute’s Fall Meeting. Penalosa pointed to 1800s London, which by our current standards is considered “horrible” but two hundred years ago was revered as the finest city in the world. “We create cities not for the…
Chatham University to Start Construction on Green Academic Community
Chatham University has broken ground on the Eden Hall Campus, the first academic community in the world built from the ground up for sustainable development, living, and learning. Located in Richland on a 400-acre site once called Eden Hall Farm, the facility will be the second residential college campus in the North Hills of Pittsburgh and the first university in Northern Allegheny County. The institution has hired world-renowned Andropogon and BNIM to develop the Eden Hall master plan, while architecture firm Mithun will be in charge of building design. The project consists of an estimated $40 million investment in a carbon neutral, zero-net energy facility that will include high performance green buildings and the latest in sustainable land, energy, and water management techniques.
Work Starts on 149-Unit Multifamily Development; Upscale Project in South Philly to Follow Soon
Mayor Michael Nutter, Philadelphia City Councilman Curtis Jones, Jr. and representatives of development company J.G. Petrucci broke ground last week on a new transit-oriented residential community located at 4862 Umbria Street, right next to SEPTA’s Ivy Ridge Rail Station.
Creative Campus Pantheon Park in the Works for Music City
Historically a place of creativity and vibrant cultural life, Music City is again considered one of the most promising cities of the future.
Allred Starts 2nd Spec Project of 2013 at Chandler Office Park
Construction is in full swing on the latest addition to the Allred Park Place office park in Chandler–a 69,000-square-foot speculative office building. The development, which broke ground in August, is the second spec building launched at the office park by Douglas Allred Co. this year, according to the Phoenix Business Journal.
Case Breaks Ground on $22M Southeast Tulsa M-F Complex
Case & Associates Properties Inc. recently broke ground on a 286-unit apartment project at 81st Streetand Mingo Road, in Tulsa,
WSU Expands with $93 Million Biomedical Research Center in Midtown
On Thursday, October 25, Wayne State University (WSU) will break ground on a new biomedical facility meant to encourage collaboration between various scientific areas and translate new discoveries to improve human health and society.
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