News
Irving Entertainment Center Project Gets New Web Site
By Camelia Bulea, Associate Editor A new Web site has been launched for Irving residents. The goal is to provide updates on the planned Irving Entertainment Center (IEC) project, including copies of informational ads placed in the Irving Rambler, as well as other information of interest. According to Citybizlist.com, the IEC project will include a […]
Children’s Hospital to Add New $180M Research Building on Main Campus
By Adrian Maties, Associate Editor
Cincinnati Children’s Hospital Medical Center plans to start work this summer on a 15-story research building on its Burnet Avenue campus. The new building will be adjacent to and physically integrated with the research building that Cincinnati Children’s opened in 2007.
The new clinical sciences building will be located along Sabin Way. When […]
Westfield Group to Sell Strongsville’s SouthPark Mall
By Adrian Maties, Associate Editor
The Westfield Group, the world’s second-largest shopping mall owner, announced plans to sell eight non-core U.S. shopping centers for $1.2 billion in order to pay off debt and invest in higher-profile projects. Greenwich, Conn.-based Starwood Capital Group will acquire a 90 percent stake in seven centers. The eighth property, Eastland, a […]
$300 Million Mixed-Use Development Planned for Roxbury
P-3 Partners, LLC, a collaboration between Elma Lewis Partners, LLC (ELP) and Feldco Boston, LLC (Feldco), recently revealed plans for a 1 million mixed-use development in Boston’s Roxbury neighborhood, on a vacant plot at the southeast corner of Tremont Street and Whittier Street. The roughly 8-acre parcel is part of Mayor Thomas Menino’s ambitious plan for Roxbury, according to data from the Boston Redevelopment Authority (BRA), which has the final word on the project.
Groundbreaking Nears for Taubman’s $315M Sarasota Mall
Taubman Centers Inc. announced that construction will start later this year on its state-of-the-art, 880,000-square-foot Mall at University Town Center. Partnering with Benderson Development on the $315 million project, Taubman will own 50 percent of the shopping center, while also being responsible for development, management and leasing.
NAP Wins Approval for $600M Avalon Development
By Georgiana Mihaila, Associate Editor
The Southeast is one step closer to its first “experience center”—a place where high-end retail, restaurant, residential, office, hotel, and public spaces come together in order to create a unique destination. North American Properties has received key approvals to move forward with its $600 million Avalon development.
The resort-inspired mixed-use project will […]
R&V Management Corp. Acquires 143 Condo Units in La Mesa
By Gabriel Circiog, Associate Editor San Diego-based R&V Management Corp. has acquired 143 condominium units at Adagio in La Mesa. The $25.5 million deal was brokered by Phoenix-based Hendricks & Partners. The Adagio community was designed and developed as a 200-unit condo project back in 1984 and later was operated as an apartment community until […]
Khosbin Buys Two Office Buildings in Greenspoint
Holliday Fenoglio Fowler L.P. announced the purchase of two multi-tenant office buildings—333 North Sam Houston Parkway and 10700 Interstate 45 North—by the Koshbin Co. for an undisclosed amount.
New Apartments Coming to Baltimore
By Adrian Maties, Associate Editor
A $16 million housing development is expected to breathe new life into Baltimore’s Johnston Square neighborhood. Empire Homes of Maryland Inc. and Baltimore-based French Development Co. are the developers of the project.
The 74-unit apartment community will be named The Lillian Jones Apartments, in honor of a Baltimore activist and the founding […]
Lingerfelt Development Begins Work on $100M Complex for Health Diagnostic Laboratory
By Adrian Maties, Associate Editor Lingerfelt Development announced it has started demolition at the 34-acre Virginia BioTechnology Research Park in downtown Richmond. BioTech 3 is coming down to make way for the construction of a new complex that will serve as headquarters for Health Diagnostic Laboratory (HDL) Inc., a fast-growing CLIA-certified and CAP-accredited clinical laboratory. Plans […]