Sustainability

Dubai Hills Unveils $3B Master-Planned Project in MBR City

Emaar Properties and Dubai Holding have unveiled Dubai Hills, the first project in the Mohammed Bin Rashid City (MBR City), the largest joint venture in the region’s real estate sector.

Hines Opens Landmark Project in Milan

International real estate firm Hines has announced the opening of a new 161,400-square-foot public space at its 71-acre master-planned Porta Nuova project in Milan, Italy.

Related Cos.’ Hudson Yards Breaks Ground on 26-Acre Manhattan Site

After years in the planning stages, construction of New York City’s largest private development since Rockefeller Center finally got underway Tuesday as city officials joined leaders of Related Cos. and Oxford Properties Group at the groundbreaking of the 26-acre, mixed-use Hudson Yards project.

Macerich’s Tysons Tower Signs Intelsat to 188 KSF Lease

Macerich, owner and master-developer of McLean, Va.-based Tysons Corner Center, has signed satellite service provider Intelsat to a 15-year, 188,000-square-foot lease to serve as the future office tower’s anchor tenant.

HOK to Design $269M Italian Biomed Hub

Global design firm HOK has been designated as the lead architect for the Ri.MED Biomedical Research and Biotechnology Center (BRBC) near Palermo, Sicily in Italy, selected among 13 other firms that entered the international design competition for the contract.

Dexus Property’s 1 Bligh St. in Sydney Recognized as World’s Most Innovative High-Rise

Deutsches Architekturmuseum, in association with DekaBank and Stadt Frankfurt am Main has awarded “The International High-rise Award 2012” to 1 Bligh St. in Sydney.

JLL’s Dan Probst Wins Next-Gen Buildings Award

Jones Lang LaSalle has garnered a new claim to fame in the sustainable development arena. Its very own Dan Probst, the commercial real estate services firm’s chairman of energy and sustainability services, just became the recipient of the very first VERGE 25 Award in the category of Next-Gen Buildings.

344 KSF Masdar, International Renewable Energy Agency HQ Break Ground

Masdar City, the low-carbon, low-waste, emerging cleantech cluster and one of the most sustainable communities and mixed-use developments in the world continues its trailblazing development in United Arab Emirates.

Wood Partners Building Green Inspired M-F Complex in Colorado

Wood Partners, a national multi-family developer, has started construction on Alta Harvest Station Apartments, a planned 297-unit gated community in Broomfield, Col., which it hopes will achieve a LEED Silver rating by the U.S. Green Building Council.

Cassidy Turley Secures $181M Permanent Financing for Trophy Office Building in DC

Cassidy Turley secured a $181 million permanent financing loan for Washington, D.C.’s newest trophy office development, 1000 Connecticut Ave., a 12-story, 382,988-square-foot building located in the city’s CBD overlooking the White House.