News
Developers Plan $100 Million Development in Columbia
By Adrian Maties, Associate Editor The city of Columbia may see a new apartment and retail complex in the near future. On Tuesday, May 22, officials with Orchard, Kettler and Howard Hughes Corp. presented plans at The Rouse Company Foundation Student Services Hall at Howard Community College, for a $100 million development, the area’s first […]
Dyno Nobel Considering $800M Plant in Jefferson Parish
By Eliza Theiss, Associate Editor Dyno Nobel International, the Utah-based explosives and chemical products manufacturer, is to spend $30 million on a comprehensive study regarding the feasibility of establishing an $800 million ammonia production factory on a brownfield site in Jefferson Parish, reports Area Development Online. If the study yields a positive result, the facility […]
American Greetings Details Plans for New Headquarters
By Adrian Maties, Associate Editor In May 2011, the American Greetings Corp. announced its intentions to move to a new headquarters in Westlake. A year later, it has finally unveiled the first plans for the $150 million to $200 million project, to be located in Westlake’s Crocker Park. The new world headquarters designs were unveiled […]
Study Shows Phase 1A of the Banks Has $91M Annual Economic Impact
By Adrian Maties, Associate Editor The Banks project is drawing more people to downtown Cincinnati, and the city is already cashing in, according to an economic impact study conducted by the University of Cincinnati Economics Center and released on May 22 by the Banks’ developers: Carter, The Dawson Co. and USAA Real Estate Co. The study […]
Menlo Park Pledges Affordable Housing to Settle Lawsuit
By Alex Girda, Associate Editor About 1,000 residential units will be built in Menlo Park to settle a lawsuit over the pace of affordable housing development in its borders. Three Bay Area nonprofit groups took the city to court in order to ban the city from issuing zoning changes or building permits unrelated to affordable […]
Altman Eyeing Tampa for 2013 Development Pipeline
While this year The Altman Cos. is bidding on the South Florida multifamily rental market, the company has announced that it might be targeting the Tampa Bay area for its next development line-up.
Bray International Renews, Expands Lease at Duke Realty’s Westland Business Park
On top of renewing its existing 84,420-square-foot lease at Westland I, valve manufacturer Bray International Inc. has chosen to expand its presence at Duke Realty’s Westland Business Park through a new 80,200-square-foot lease in Westland II.
Monday Properties Selects CBRE to Market 1812 North Moore Street
By Adrian Maties, Associate Editor When finished, the building Monday Properties is constructing at 1812 N. Moore St. in Rosslyn, Va., will be the tallest office tower in the Washington, D.C., region. It will offer sensational views of Washington’s monuments across the Potomac River, as well as more than half a million square feet […]
City-Owned Vacant Property Sales Made Easier with New Online Tool
The Philadelphia Redevelopment Authority (PRA) has shared details about a much-needed initiative to develop an online vacant property database that will integrate a large number of city-owned empty buildings and blighted parcels.
Henry Ford Moves Forward with 300-Acre Expansion in New Center Area
By Veronica Grecu, Associate Editor Henry Ford Health System plans to expand with a new medical facility in the New Center area of Detroit. According to The Detroit News, this project is part of an older initiative that the hospital officials announced two years ago, which called for a multi-million dollar investment in redeveloping the nearby […]