National
NorthEdge Office Development in South Lake Union’s Wallingford Fast-Tracked by Touchstone
A number of projects in the booming submarket of South Lake Union have raced to the development process, while others have lingered in the early stages of planning. Now, a project that had been long-announced is reportedly being fast-tracked by the company in charge. Developer Touchstone recently announced that it will put the pedal to the metal on its NorthEdge, a commercial real estate development project that had been in limbo for a while.
Beachwood’s Four Seasons Enters Final Stretch of Campus Expansion Project
The Four Seasons is a luxury gated apartment community in Beachwood. It is owned by Cleveland’s Goldberg Companies, Inc., and is currently undergoing an expansion project that will provide several state-of-the-art amenities to current and future residents. The project is scheduled for completion this spring.
URS Capital Partners Sells Two Cincinnati-Area Apartments
URS Capital Partners, a real estate investment company based in Huntington, New York, has completed the sale of two multifamily properties in the Cincinnati area, at the end of January. The two properties are the Westshore Apartments, in Covington, and the Incline Apartments in Cincinnati’s Incline District.
Modus Hotels Relaunches Brookshire Suites in Baltimore
At the end of 2012, Modus Hotels announced the purchase of the Brookshire Suites in Baltimore’s famous Inner Harbor. The Washington, D.C.-based full service hotel development and management company paid $7.85 million for the property, according to PropertyShark. In the weeks that followed the announcement, it started work on a multi-million dollar renovation project, to breathe new life into the old building, originally constructed in 1958.
Stanford Carr’s Halekauwila Affordable Rental Complex in Kakaako Nears Completion
The Hawaii Community Development Authority announced that Stanford Carr’s affordable 204-unit Halekauwila Place apartment high-rise in Honolulu’s Kakaako neighborhood would be complete in March.
Howard Hughes to Kick Off 303-Key Luxury Hotel in The Woodlands
The Howard Hughes Corporation (NYSE:HHC) and its wholly-owned subsidiary, The Woodlands Development Company, announced plans to start construction of a new full-service hotel at One Waterway Square in The Woodlands Town Center.
KDC to Break Ground on New State Farm Office Building at CityLine
KDC plans to kick off construction of a new 500,000-square-foot office property at its $1.5 billion State Farm-anchored mixed-use project in Richardson.
JV Plans Mixed-Use Apartment Community for Tysons Corner
By Adrian Maties, Associate Editor The apartment construction boom that that hit the Washington, D.C., metropolitan area is showing no signs of slowing down. If anything, it looks like it’s getting stronger, as developers announce more and more projects with almost every passing week. On Feb. 14, a joint venture between Kettler and PS Business […]
Keystone Realty Acquires 114,000-Sq.-Ft. Office Complex in Suburban Indianapolis
An affiliate of Keystone Realty Group has recently acquired the four-building Waterplace Office Park on the east side of the North Meridian corridor in Indianapolis.
Memphis Airport Embarks on $114M Modernization Plan
Times they are a-changing in the air travel industry and Memphis International Airport s following suit.