National
Hines to Build New 40-Story Office Tower in Denver
Hines recently announced plans to build a new 40-story office tower in Denver. The new construction will become the first office building of this height built in nearly three decades and, upon completion, will be one of the tallest office buildings in Denver.
Developers Top Off $60M SkyHouse Apartment High-Rise in Downtown Raleigh
Construction is moving forward for the 23-story SkyHouse apartment tower at the corner of Martin and Blount streets in downtown Raleigh.
Skanska Signs On to $100M LSU College of Engineering Renovation and Expansion
Leading development and construction company Skanska has announced that Skanska USA Building has signed a contract to renovate and expand Patrick F. Taylor Hall on the Louisiana State University (LSU) main campus in Baton Rouge.
North Las Vegas Approves SunCal’s Master Plan for Park Highlands West
SunCal is adding to the master planned community wave that has hit the Las Vegas area in recent months as a number of projects were revived by developers. The North Las Vegas City Council recently gave its approval to master developer SunCal’s proposed Park Highlands West community project. The development is just a part of the overall Park Highlands development initiative, and the recent approval essentially means that that large plot of land is being divided into East and West master-plans.
Three Multifamily Communities Coming Soon to Tucson-Area
The Estates at Madera Highlands, Westview Point and Sycamore Canyon – three master planned properties to keep tabs on over the second half of the year. Richmond American Homes of Arizona, a subsidiary of M.D.C. Holdings, Inc. recently purchased the lands located in Sahuarita, Tucson and Vail and proposed to finish all site works and have the communities open within the next four months.
HB Construction Builds $10M Boys & Girls Club With Funding From J.F Maddox Foundation
J.F Maddox Foundation, the philanthropic foundation which invests in education, community development, and social programs, has offered funding for a new $10 million Boys & Girls Club facility at 301 E. Broadway St. in Hobbs. The general contractor on the project is Albuquerque-based HB Construction.
Liberty Property Trust Starts $8.3M Distribution Facility at Eastport Business Center
Richmond’s industrial market continues to improve into 2014. As vacancies keep dropping and rents keep rising to new highs, the time is right for speculative development. And Liberty Property Trust is doing just that.
TIAA-CREF Closes Second Deal with JBG This Month, Buying The Woodley
The JBG Companies and TIAA-CREF are doing business again. At the start of the month, JBG sold the The Louis at 14th/U, a residential and retail development located in the heart of the U Street Corridor-Logan Circle neighborhood, to the financial services firm. Now, the Chevy Chase-based company has closed the sale of The Woodley, a new residential development in Washington, D.C.’s desirable Woodley Park neighborhood. The price of the transaction was not disclosed. HFF arranged the sale between JBG and TIAA-CREF.
Downtown D.C. Housing Market Continues Strong Performance in May
Downtown Washington, D.C. is one of the ”brightest spots in the country for home sales and appreciation rates.” This is how Donna Evers, president and broker of Evers & Co. Real Estate describes the region. Her company is the largest independent, woman-owned real estate firm in the Washington, D.C. metropolitan area. It has recently analyzed statistics from the Metropolitan Regional Information System and has reported that the Downtown Washington, D.C. housing market has enjoyed a merry month of May.
ASLA’s Chinatown Green Streets Demonstration Project to Help D.C. Become Nation’s Greenest City
The American Society of Landscape Architects is greening the District’s streets. Well, not all of them, just the ones surrounding its headquarters, in Chinatown. ASLA is working on the Chinatown Green Streets Demonstration Project, a project meant to help the District become one of the greenest cities on the planet.