News

Rare LEED Certification Awarded to Hines’ BG Group Place

By Georgiana Mihaila, Associate Editor
Hines’ newest U.S. skyscraper, BG Group Place, has received a Platinum-level certification under the U.S. Green Building Council’s LEED for Core & Shell rating system. The rare distinction places the downtown skyscraper among the only three […]

Mission Project Set to Fill Market Void as Rents Rise

By Alex Girda, Associate Editor
San Francisco is seeing a clear increase in the renting market, with many former homeowners or potential homebuyers renting instead. As a direct result, rent rates have been climbing rapidly in the East Bay, especially Santa […]

“Crystal” Proposal Makes Tracks in Federal Way

By Alex Girda, Associate Editor
A proposal for a $300 million mixed-use project with a cutting-edge design is moving closer to fruition in the city of Federal Way. Officials are negotiating exclusively with ARCADD Inc. to design and develop Crystal Way, […]

City Weighs Grain Belt Proposals; Travelers Expands Holdings by 11 Assets

By Camelia Bulea, Associate Editor
Four redevelopment proposals for the site of the historic Grain Belt Brewery office building and an adjacent parcel are competing for approval from city officials.
The proposal that seems to be drawing the most community enthusiasm so […]

Condo Prices Rise Statewide as Volume Slips: Warren Group

By Veronica Grecu, Associate Editor

Condominium sales in the Bay State demonstrated the classic “good news, bad news” syndrome last month. First, the bad news: the total number of units sold in Massachusetts slipped 2.6 percent year-over-year compared to Sept. 2010, […]

New York Hotels are Cheaper to Build than Buy

By Veronica Grecu, Associate Editor
Strange as it might seem, New York’s hospitality industry is heading toward a construction boom similar to pre-recession times. Around 50 new hotels are expected to open by the end of 2013 in the Big Apple, […]

Dees Stribling’s Economy Watch Weekly

The economy’s still blah, but there was a little good news this week. CPE‘s economic analyst Dees Stribling gives his podcast for the week ending Oct. 28, 2011.

Downtown Waterfront Project Faces New Hurdle

By Gabriel Circiog, Associate Editor
Although the Navy’s downtown waterfront project was approved 20 years ago, Signon San Diego reports the plan is facing a new hurdle. The $1.1 billion, 3.25-million-square-foot reconstruction must be approved by the California Coastal Commission which […]

Construction Jobs on the Rise; Anchor Centre Stuck in Redevelopment Purgatory

By Alex Girda, Associate Editor
Not long ago the U.S. Census Bureau revealed that Phoenix is one of the cities that has been building a fair amount of houses over the past decade. So it’s not surprising that the Associated General […]

East Baltimore Development Attracts Tenants

By Adrian Maties, Associate Editor
A $1.8 billion, 88-acre community revitalization project is going to transform a blighted section of East Baltimore into a world-class biotech park. It will be anchored by 1.1 million square feet of life sciences and technology […]