National
Cypress Real Estate Advisors Plans Mixed-use Development for Austin
Austin’s Burnet Road will make room for a new mixed-use project designed by Cypress Real Estate Advisors. The site doesn’t require any zoning modifications as it is zoned for vertical mixed-use development.
Alloy, Monadnock Selected for Mixed-Use Project in DUMBO
The Brooklyn Bridge Park Board of Directors has selected a development team to design and create a 12-story mixed-use building located at 1 John Street in DUMBO, while expanding the parkland area into the northern portion of the park and improving pedestrian access.
McCormack Baron Salazar Plans $60M Mixed Use Project on Detroit’s East Riverfront
McCormack Baron Salazar, a St. Louis-based developer specialized in urban market revitalization, plans to add almost 300 rental units and small-scale retail space on Detroit’s east riverfront, along Atwater and Franklin streets.
Village Green Joins Soffer to Develop New Apartments in Pittsburgh’s SouthSide Works
The Soffer Organization has partnered with Village Green Associates of Detroit to develop a new apartment building in the city’s SouthSide Works. The Pittsburgh Business Times reports that the structure would include between 215 and 262 one- and two-bedroom residences.
Ritz-Carlton San Francisco Acquired as Building is Once Again Part of MetLife
As the city’s hospitality market soars to new heights, there might be space for passion plays as MetLife Inc. recently acquired its former headquarters, now a thriving San Francisco hotel. The insurance giant entered a joint venture with Thayer Lodging Group to purchase The Ritz-Carlton San Francisco for a grand total of $161 million. The building housed the corporation between 1909 and 1973. After a number of modifications and a four-year renovation process, the building finally received new life with the 1991 opening of the Ritz-Carlton San Francisco.
Landmark Breaks Into Nashville Apartment Market with 380-Unit Community
Nashville’s multifamily is staying hot, continually proving that the multifamily market’s success in Music City is not just a temporary spike – it’s here to stay.
Fashion Outlets of Chicago is a Luxury Destination for Locals and O’Hare Travelers
The grand opening of the first fully-enclosed outlet mall in Chicagoland in over two decades has been announced. Fashion Outlets of Chicago’s grand opening is scheduled for August 1.
Construction on New Multi-Specialty Center in Lone Tree Completed
Kaiser Permanente Colorado, one of the largest nonprofit health plans, recently announced that it has completed construction on its new multi-specialty center in Lone Tree.
Stanford Carr Joins with Kamehameha Schools to Develop $300M Residential Project in Kakaako
Stanford Carr Development and landowner Kamehameha Schools have partnered to develop a $300 million mixed-use residential project in Kakaako, the Pacific Business News reports.
Twin Cities’ Residential Construction Continues Growth Trend
Twin Cities’ residential construction is increasing according to recent data compiled by the Keystone Report for the Builders Association of the Twin Cities.