News

Mack-Cali, Ironstate to Develop Jersey City Multi-Family Towers

The multifamily market in Jersey City, N.J., is heating up and Mack-Cali has formed a joint venture with Ironstate Development Co. to capitalize on the growing demand and erect a two-tower luxury apartment property along the waterfront.

Baltimore Arena, Hotel Development could Begin Before the Convention Center Expansion

By Adrian Maties, Associate Editor
At the Ballard Spahr LLP breakfast speaker event, Donald C. Fry, CEO of the Greater Baltimore Committee (GBC), shared that the construction of a new 18,500-seat arena and a 500-room hotel in Baltimore’s downtown could begin […]

First Save-A-Lot Store Opens in Germantown

By Veronica Grecu, Associate Editor
The Germantown neighborhood of Philadelphia has welcomed another retailer that occupies 17,500 square feet of space at 5834 Pulaski Ave. Save-A-Lot opened its first store in this area on December 9, during a ribbon cutting ceremony. […]

Increase in Hotel Occupancy Strengthens Detroit’s Recovery Trend

By Veronica Grecu, Associate Editor
Less than six months ago Detroit was facing such a dramatic population decline caused by a sluggish economy that local experts and city officials were forced to come up with a serious rescue plan. Things started […]

Four Seasons Breaks Ground on its Largest Resort, Near Disney World

By Georgiana Mihaila, Associate Editor
December 6 marked the groundbreaking day of the Four Seasons Resort Orlando at Walt Disney World that is soon to become the largest Four Seasons resort in the world. The long-awaited project will rise on the […]

EFG Brownfield Partners Plan Mixed-Used Redevelopment of Former St. Anthony Central Hospital Site

By Gabriel Circiog, Associate Editor
The redevelopment of the former site of St. Anthony Central Hospital, which moved in June from West Denver to a new location in Lakewood, will be up for discussion in two west Denver neighborhoods, The Denver […]

Facebook to Open New Engineering Office in New York

By Veronica Grecu, Associate Editor
Facebook, the world’s largest and fastest-growing social networking company, has announced plans to increase its footprint in New York by adding an engineering center in early 2012. The announcement was made recently by Facebook Chief Operating […]

Cervera Real Estate Tapped to Sell BrickellHouse Luxury Units

By Georgiana Mihaila, Associate Editor
Newgard Development Group has chosen Cervera Real Estate to serve as the exclusive sales and marketing agent for its newest luxury condo tower, BrickellHouse. The $170 million project, slated to break ground in the third quarter […]

Mid-South Community College to Name $9M Renewable Energy Center after Congressman Marion Berry; Serenity Towers at Midtown Memphis to Get Makeover

By Amalia Otet, Associate Editor
Mid-South Community College recently announced it will name its newest facility in honor of retired Congressman Marion Berry, as an acknowledgment of his efforts to direct more than $55 million to Eastern Arkansas for educational and […]

Chiquita to Relocate to Queen City; UNC Charlotte to Break Ground on $37M Facility

By Amalia Otet, Associate Editor
Chiquita Brands International Inc ., a leading international marketer and distributor of food products, recently announced plans to relocate its corporate headquarters to Charlotte, from the company’s current location in Cincinnati.
After months of lobbying and meetings, […]