National
Noble Investment Embarks on $18M+ Redevelopment, Rebranding of Two Windmill Suites Hotels
Noble Investment Group acquired two Windmill Suites hotels in Arizona. The Windmill Suites Hotel Tucson at the University of Arizona and the Windmill Suites Hotel in Phoenix/Chandler at the Chandler Fashion Center will be rebranded soon.
Dreamstyle Remodeling Breaks Ground on $4.5M Albuquerque Showroom
A new showroom/office building broke ground in the dynamic Renaissance corridor. Dreamstyle Remodeling, the new umbrella name for Four Seasons Sunrooms, Renewal by Andersen and Cal Spas, will be joining Sam’s Club and Costco in a $4.5 million development.
Monmouth Real Estate Investment Acquires 280,000 SF Industrial Building
Monmouth Real Estate Investment Corporation recently announced the acquisition of an industrial building in Edwardsville, Kansas.
Westin Hotel in Downtown Undergoes $14M Renovation
The four-star Westin Hotel in downtown Indianapolis is about to embark upon a $14 million refurbishment project. According to the Indianapolis Business Journal, the overhaul, which will include the property’s 13 floors and 573 guest rooms, will start this month and be complete by February.
Forestar’s Eleven Welcomes Its First Tenants
The southeast corner of East 11th Street and Interstate 35, regarded as a gateway into East Austin, has been changed by the podium-style community developed by Forestar Group Inc. in partnership with Canyon-Johnson Urban Funds. The grand opening ceremony took place a few days ago and the first residents have already moved in.
Garrison General Contractors Announces Renovation of La Quinta Inn San Antonio
The La Quinta Inn & Suites – San Antonio North Stone Oak is about to receive a makeover. The hotel is part of one of the country’s largest hotel chains. The assigned construction firm is San Antonio-based Garrison General Contractors.
Seattle Set to Become More Hospitable as Kimpton Announces New Facility; Hedreen Hits Speedbump with Downtown Hotel Project
The Puget Sound area has been thriving in terms of new developments, due to massive increases in office space in the Denny Triangle where Amazon is driving growth, as well as the rise of South Lake Union as one of the hottest development spots in the entire Pacific Northwest. Now, with office projects taking off left and right, and the multifamily development pipeline ready to go until 2015 and beyond, it’s now another sector’s turn to take the spotlight. Two new hospitality projects were announced recently with an aging property in Belltown ready to be turned into a high-end property, while a brand new project will take shape in Seattle’s downtown area.
Smartland Buys Lee-Yorkshire Apartments in Cleveland Heights
Smartland, Cleveland’s largest real estate investment firm and one of Ohio’s top property management companies, has purchased the Lee-Yorkshire Apartments. The price of the transaction was not disclosed.
Antioch College Continues Campus Revitalization
Antioch College continues with its plans to renovate and improve its campus in Yellow Springs. The college plans to build a central geothermal plant that will significantly reduce power usage on campus.
Turtle Bay Expansion Plans Move Forward
The City and County of Honolulu’s Department of Planning and Permitting has approved a final environmental impact statement for the $770 million redevelopment of the 880-acre Turtle Bay Resort, the Pacific Business News reports.