National
$40M Project to Deliver First New Hotel in Downtown Akron in 40 Years
Downtown Akron is getting ready for a new hotel. Mayor Don Plusquellic, Greystone Partners LLC and Amerimar Realty Company made the announcement last Tuesday, July 16. The project will incorporate the historic Greystone Hall at Mill and High streets and will be the first new hotel construction in the city’s downtown in 40 years.
Sales Start Strong for OliverMcMillan’s Symphony Condominiums in Downtown Honolulu
San Diego-based developer OliverMcMillan has announced that 70 percent of the residences at its Symphony Honolulu luxury tower have been sold in the first two days available. Construction is expected to begin at the end of 2013 and be complete in two years.
Johnson Development Emerges as Buyer of 2,100-Acre Camp Strake Property
It’s official: Johnson Development Corp. has been chosen as the buyer of the 2,100-acre Camp Strake property, one of the largest available contiguous land parcels currently available in the Houston metropolitan area.
Stream Data Centers Announces Plans to Build New Private Data Center in Chaska
Texas-based developer and operator of wholesale data centers, Stream Data Centers, recently announced plans to open its 16th facility in the U.S. and its first enterprise data center in Chaska, Minnesota.
700-Unit Apartment Building to Be Largest in Pentagon City
The Arlington County Board recently approved phases four and five of the Metropolitan Park project. It calls for the redevelopment of an existing warehouse site into the single largest residential and retail high-rise in Pentagon City.
The Queens Museum of Art to Reopen in October, Twice as Large
After more than two years of extensive renovations and a $68 million investment, The Queens Museum of Art will reopen on October 11 as one of the most refined museums in the country, bringing new technology and expanded exhibition space to accommodate the institution’s growing collection.
BRA OK’s New Multifamily Projects from Corcoran Jennison, Trinity Financial
The Boston Redevelopment Authority (BRA) approved this week several real estate projects that, combined, will bring around 1,200 housing units across Boston.
The Grove at Isleworth Kicks Off 2nd Phase, Adds New Tenants
Owner Tavistock Development Company decided to celebrate The Grove at Isleworth’s success by doubling the mixed-use center’s space.
The Outlet Shoppes at Atlanta Celebrates Four-Day Grand Opening
The 370,000-square-foot Outlet Shoppes at Atlanta has finally opened its doors, bringing 99 top retailers to the local market.
Brandywine Realty Trust Shares Austin Office Portfolio with DRA Advisors LLC
The less common marketing proposal placed by Brandywine Realty Trust a few months back has found its answer. The offer consisted of the intention to share ownership of the 1.4 million-square-foot office portfolio in Austin.