Mixed Use
KDC to Develop 160-Acre, $364M Corporate District at Craig Ranch
Located in McKinney, Tex., Craig Ranch is a 2,200 business, retail and residential community whose corporate district is valued at $364 million.
Related, Oxford in JV to Develop 26-Acre West Side Yards
The pair are planning a mixed-use master-planned community with 12 million square feet of commercial and residential development.
Ground Broken on $500M Mixed-Use NYC Schools Development
New facilities for P.S. 59 and the High School of Arts and Design will reside at the new development at 250 E. 57th St., which will open to students in September 2012.
Corporex Breaks Ground on $80M Fitzsimons Village Hotel-Office Complex
Phase one of the 32-acre mixed-use development will entail a Class A six-story 160,000-square-foot office building with 16,000 square feet of ground-floor retail, as well as a 153-room Marriott Springhill Suites hotel and structured parking.
$190M Mixed-Use Residential Project to Be Tallest Building in Newark, N.J.
In an effort to further the revitalization of downtown Newark, N.J., a partnership involving Dranoff Properties, the New Jersey Performing Arts Center (NJPAC) and the city of Newark have revealed plans for the development of One Theater Square, a $190 million mixed-use residential project.
McCaffery Gets Approval for Chicago Lakeside Development Master Plan
Chicago-based development and management firm McCaffery Interests said Wednesday that it has received the go-ahead from the Chicago Plan Commission for the Chicago Lakeside Development Master Plan as well as the enactment of a Planned Development Ordinance that provides the site’s Phase I with the required land use entitlements.
New Amsterdam Mixed-Use Property Changes Hands for $11.7M
The New Amsterdam, a 75,375 square-foot multifamily and retail property in Washington, D.C., has been sold for $11,750,000. That price represents $156 per square foot, or $130,556 per unit.
Kearny, Morgan Stanley Completes $92M Sale of Kearny South Bay Business Park
Kearny Real Estate on Thursday announced completion of the $92 million sale of Kearny South Bay Business Park, the site of the former U.S. headquarters for Nissan North America. The deal was completed in partnership with Morgan Stanley Real Estate Investing.
Port Authority Awards $542M Contract for WTC Transportation Hub
The Port Authority Board of Commissioners has awarded the largest contract to date — $542 million – to Skanska USA Civil Northeast, Granite Construction Northeast, and Skanska USA Building.
Bankrupt $3B Fontainebleau Las Vegas Project Gets Scooped Up by Icahn for $150M
Despite the fact that the gaming industry in Las Vegas is struggling, Icahn Enterprises L.P.’s acquisition of the Fontainebleau casino and resort project is still quite a deal.