National
Franklin Johnston Brings 2 Affordable Housing Communities to Norfolk
The Virginia Beach-based Franklin Johnston Group (FJG) is working hard to bring two new affordable living communities to Norfolk. Together, the two projects call for the construction of over 450 units.
U Square @ The Loop Takes NAA’s Best Student Housing Award
At the start of May, the National Apartment Association (NAA) announced the 2014 PARAGON award winners. This annual awards program recognizes the multifamily housing industry’s top communities, executives, employees and affiliate programs. One important Cincinnati development was among this year’s winners.
MGM Resorts Unveils Plans for The Park, Promenade Linking New York-New York, Monte Carlo
MGM Resorts International recently unveiled its plan to round out an important part of the Las Vegas Strip where the company currently operates a number of resorts that are experiencing their own changes. The company has announced The Park, a concept that will take shape on the west side of The Strip that was thought up to bridge the area between New York-New York and Monte Carlo.
Trademark Property Announces Major Mixed-Use Development Near Crabtree Valley Mall in Raleigh
Trademark Property Co. of Fort Worth, Texas has announced plans for the construction of a new mixed-use project on Glenwood Avenue in Raleigh.
Luxury Casitas Come to Sabino Canyon
The Pima County Board of Supervisors has recently voted to approve re-zoning for building a luxury-style apartment home complex consisting of 130 casitas on Tucson’s east side on a 15.1-acre land along Sabino Canyon Road.Sabino Canyon Road Properties develops the project and has plans for three-bedroom luxury rental units located between Cloud road and East River road.
Santa Fe Opera’s ‘Setting the Stage’ Campaign Undertakes $35 Million for Renovation and Expansion
Since New York conductor John Crosby founded the company in 1956 and presented to the public its first performance of Puccini’s Madama Butterfly a year later, The Santa Fe Opera has built up its influence becoming one of the world’s most highly regarded summer opera festivals. A major piece of real estate with a splendid fusion of nature through its dramatic adobe theater, it calls home a 200-acre facility with its own waste water treatment plant, features that no other opera company in the world can claim.
Opus Group Breaks Ground on 13-Story Luxury Housing Building in Ann Arbor
Minnesota-based Opus Group and private investor Dennis Tice, who owns the Pizza House in Ann Arbor’s South University District, have teamed up to develop a new student housing high-rise near the University of Michigan campus.
Construction on Next Phase of Mosites Co.’s East Side Project Could Begin This Summer; Cenevo Signs Major Lease at RIDC Westmoreland
Local development company Mosites Co. is planning a summer construction start for Eastside III, a mixed-use, three-building complex in the city’s East Liberty neighborhood.
Starwood Plans to Fill Void of Full-Service Hotels in Downtown Nashville
While Nashville’s swanky $600 million Music City Center has brought in great profits for the local hotel market, especially in the downtown area, things aren’t working exactly as they should. More to the point, business isn’t as good it could be for the year-old convention center.
Construction Starts at 72,000 Sq. Ft. Outpatient Healthcare Facility in Penn Township
Anchor Health Properties, a Wilmington, DE-based development company focused on medical facilities, recently started construction on Penn Medicine Southern Chester County, a new outpatient healthcare facility located at the intersection of Route 1 and Route 796–two of the most heavily traveled roads in Chester County.