Mixed Use
Related California Forms New Division
Related California has created Related California Urban Residential, a new division to support the firm’s future market-rate and luxury residential development activity.
INTERNATIONAL: Hines Taps Aconex for Construction Management Services at Bayside Waterfront in Toronto
Hines has picked Aconex to provide construction management services for the first phase of infrastructure at Bayside Waterfront, a $910 million mixed-use waterfront development in Toronto.
Swire Properties, Whitman Family Development Close Deal to Bring Saks Store to South Florida
Swire Properties Inc., in a joint venture with Whitman Family Development, reached agreement with Hudson’s Bay Co. for a Saks Fifth Avenue store to open in Brickell City Centre, a planned 565,000-square-foot South Florida shopping center.
Canyon Capital, Hudson Pacific Provide $140M Loan for L.A.’s Broadway Trade Center
Canyon Capital Realty Advisors L.L.C. and partner Hudson Pacific Properties Inc. will provide $140 million in financing to enable Waterbridge Capital and investor Jack Jangana to redevelop the 1 million-square-foot Broadway Trade Center in downtown Los Angeles.
INTERNATIONAL: Asian Investors Unveil Mixed-Use Development Projects in Brisbane
Heeton Holdings Limited, Lian Beng Group Ltd. and KSH Holdings Ltd. have announced plans for the construction of an approximately $139 million development.
Atlas Capital Leads Investor Group to Acquire L.A.’s EVOQ Properties
Affiliates of Atlas Capital, Square Mile Capital and USAA have announced plans to acquire EVOQ Properties. EVOQ’s holdings include more than two million square feet of rentable space and more than 13 acres of prime development land in Downtown Los Angeles.
INTERNATIONAL: Singapore Hotel Operator Buys Site in the Center of London
Singapore-based hospitality company UOL Group has selected Heron Plaza as its inaugural project in the city of London.
Wanda Group to Build $1.2B MXD in LA
Chinese conglomerate the Wanda Group has outbid numerous other parties for a prime site in Beverly Hills, on which it plans to build a mixed-use project.
Forest City, Greenland USA Rename $4.9B Atlantic Yards
Greenland Forest City has just changed the name of the 22-acre mixed-use development to Pacific Park Brooklyn.
Atlanta Braves JV Picks Developers for $400M M-U Project
Three Atlanta-based companies will develop the 74-acre, $400 million mixed-use project previously announced for a site adjacent to the new Atlanta Braves stadium in southeastern Cobb County, north of Atlanta.