Mixed Use
Burger Named Co-CEO of Silverstein
In an effort to continue the firm’s ongoing expansion outside its New York City base, Silverstein Properties Inc. has announced the appointment of Martin Burger as co-CEO. Burger, who joined Silverstein in February 2010, will now work directly alongside president & CEO Larry Silverstein.
Baltimore Breaks Ground on $72M Mixed-Used Union Wharf Project
Bozzuto Group yesterday broke ground on the Baltimore’s $72 million Union Wharf project, a mixed-use waterfront development in the city’s Fells Point neighborhood.
StonebridgeCarras, Northwestern Mutual JV for $200M Mixed-Use Development
StonebridgeCarras and PN Hoffman’s massive $200 million mixed-use project in Bethesda, Md., has gotten a big financial boost with the partners’ formation of a joint venture with Northwestern Mutual.
Forest City to Lead 119-Acre Atlanta Transit Development
Plans are in the works for a major mixed-use, multi-modal transportation hub in Atlanta and Forest City Real Estate Asset Services is onboard to spearhead the project.
Suffolk Breaks Ground on $220M Boston Residential Tower
Suffolk Construction has been busy in Boston, breaking ground on the $220 million, 390,000-square-foot Millennium Place III residential tower in Downtown — its second groundbreaking project in two weeks.
Impactful Women
Five remarkable women were awarded CREW Network’s 2011 Impact Awards. CPE offers videotaped insights and written profiles of these pioneers, negotiators and mediators — specializing in development, service and finance.
Chicago to Get 42-Story, $114M Apartment Tower
DeBartolo Development and partner Optima are building the 332-residence mixed-use Optima Center multi-family property at a cost of $114 million in Chicago’s Streeterville neighborhood.
Shippensburg University Kicks Off $200M Student-Housing Development
Shippensburg University in Pennsylvania breaks ground today on its $200 million student-housing initiative that will be completed in three phases through January 2013 by developer Campus Apartments.
$159M Chicago Apartment Complex Picked Up by RP Holdings
In a big Midwest move, RP Holdings L.L.C. just ponied up $159 million for a two-tower, 1,031-unit multi-housing property in the Hyde Park neighborhood of Chicago.
New Team to “Maximize Value” of 400 KSF Westgate City Retail Center in Phoenix
Teetsel has brought in three firms to help revitalize the 400,000-square-foot mixed-use Westgate City Center near Phoenix: Vestar will be the new property manager, and both CBRE and The Corritore Co. will be leasing brokers.