National
Asurion to Open Call Center in North Las Vegas; U-Haul Opens Self-Storage Facility
North Las Vegas is set to receive a considerable economic boost as Tennessee-based tech company Asurion LLC recently announced it is expanding operations in the area. The tech insurance provider will reportedly open a new office in North Las Vegas and will create around 800 new jobs in the next five years. Asurion will hire approximately 500 people in the following year alone, as its opens a call center in an office property located near U.S. Highway 95 and the Las Vegas Beltway.
Detroit Marriott Enters Last Chapter of Year-Long, $30 Million Renovation Process
The $30 renovation project that kicked off earlier this year at the 1,329-room Detroit Marriott at the Renaissance Center is moving forward with a complex makeover of the hotel’s meeting space.
Phipps Conservatory’s CSL Closer to Becoming City’s First Certified Net Zero Energy ‘Living Building’
Emerging as one of the world’s greenest buildings, the Center for Sustainable Landscapes (CSL) at Phipps Conservatory and Botanical Gardens in Pittsburgh, has recently garnered another landmark achievement, namely the Net Zero Energy Building Certification under the Living Building Challenge.
65-Unit Affordable Housing Community to Replace Old Knitting Mill Site in Burlington
The City of Burlington and Ingerman Development Group, a real estate development company based in Cherry Hill, NJ, this week celebrated the official start of construction of a new affordable housing project located only 20 miles from Philadelphia.
Construction Starts on Next Phase of Shoppes at Reynolds Crossing; Walmart Anchor Opens
Reynolds Development broke ground in mid-May on the newest phase of development at The Shoppes at Reynolds Crossing, near the intersection of Glenside Avenue and Forest Avenue, in Richmond. The project calls for the construction of a new retail building. It is scheduled to open in the first quarter of 2015.
Steadfast Buys Nashville Apartments for $35.2M
California-based Steadfast Income REIT continues its Tennessee apartment buying spree, marking the fourth purchase in the state and the third in metro Nashville in eight months.
Cleveland’s Victory Center Wins 2014 Preservation Achievement Award
Victory Center is the result of a $26.6 million redevelopment of the almost 100-year-old four-story building at 7012 Euclid Avenue. This new, mixed-use complex is located in the core of Cleveland’s Health-Tech Corridor, and is now ready to house the city’s growing incubator and accelerator growth-stage companies.
Federal Capital Partners Buys, Sells Apartment Communities Around D.C.
What do the cities of Frederick, in Maryland, and Fredericksburg, in Virginia, have in common? The two are named almost the same and they are both located at the same distance from Washington, D.C., about 50 miles. And Federal Capital Partners has recently been involved in large multi-family transactions in both markets.
Preliminary Designs for Renovated Martin Luther King Jr. Memorial Library Unveiled
Martin Luther King Jr. Memorial Library opened its doors to the public in 1972. As many of its systems need to be updated or replaced, the facility will now be renovated to accommodate 21st century library services and meet the needs of the city’s residents. The DC Public Library has presented preliminary design images of the renovated Martin Luther King Jr. Memorial Library at a community meeting, on Monday, May 19.
DiamondRock Hospitality Completes Renovation of 821-Room Hilton Minneapolis
DiamondRock Hospitality Company recently announced that it has successfully completed its $13 million renovation of the Hilton Minneapolis. The revamping project, which started in November 2013 included guest rooms, guest bathrooms and corridors.