{"id":1004276114,"date":"2018-11-01T01:55:59","date_gmt":"2018-11-01T09:55:59","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004276114"},"modified":"2022-12-08T15:53:21","modified_gmt":"2022-12-08T23:53:21","slug":"good-as-gold","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/good-as-gold\/","title":{"rendered":"Good as Gold"},"content":{"rendered":"<p>By Paul Rosta, Executive Editor<\/p>\n<div id=\"attachment_1004226297\" style=\"width: 360px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/P_Rosta.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004226297\" data-attachment-id=\"1004226297\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/retail-in-a-nutshell\/p_rosta\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/P_Rosta.jpg\" data-orig-size=\"800,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"P_Rosta\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/P_Rosta.jpg?w=800\" class=\"wp-image-1004226297\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/P_Rosta.jpg\" alt=\"Executive Editor Paul Rosta\" width=\"350\" height=\"263\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/P_Rosta.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/P_Rosta.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/05\/P_Rosta.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 350px) 100vw, 350px\" \/><\/a><p id=\"caption-attachment-1004226297\" class=\"wp-caption-text\">Executive Editor Paul Rosta<\/p><\/div>\n<p>Like all reporters, I relish the chance to be a fly on the wall. In our shop there\u2019s no eavesdropping more enjoyable than the judging for CPE\u2019s annual Distinguished Achievement Awards. The marathon session unfolds in our conference room, where we gather an eclectic group of practitioners, advisers and other experts. We hand each judge an imposing stack of entries, sit back and listen closely.<\/p>\n<p style=\"text-align: left\"><a style=\"padding: 5px 24px;border: 0;border-radius: 6px;font-weight: bold;letter-spacing: 0.0625em;text-transform: uppercase;background: #960505;color: #ffffff;text-decoration: none\" href=\"https:\/\/www.mydigitalpublication.com\/publication\/?i=540209\" target=\"_blank\" rel=\"noopener\">READ THE DIGEST<\/a><\/p>\n<p>I wish all of you could hear the kudos and constructive criticism that our experts ladle out over the course of the judging session. Since that\u2019s impossible, unfortunately, I warmly encourage you to read the summary of the 2018 winners in this month\u2019s digital issue, as well as the in-depth online write-ups.<\/p>\n<p>One pattern that jumps out at me is the frequent appearance of multifamily projects, deals and professionals. Take Vulcan Real Estate\u2019s Batik, one of two Gold Award recipients in the Best Development Category. The panel cited the project\u2019s pending LEED Platinum certification, mandatory inclusion zoning, participation of minority- and women-owned businesses, and a design tailored to a challenging sloped site.<\/p>\n<p>Multifamily entries also took home awards in the Best Corporate Strategy, Best Investment Transaction, Best Development &amp; Design\u2014Unbuilt and Rising Stars categories.&nbsp; &nbsp;<\/p>\n<p>I\u2019m also struck by the canny blending of asset categories exemplified by this year\u2019s winners. PN Hoffman and Madison Marquette earned Gold Awards for The Wharf, their seminal $2.5 billion development that is rejuvenating a mile of Potomac River waterfront in Washington, D.C. Phase One brings together two multifamily communities, an office building, a 6,000-seat entertainment venue, a yacht club and a 700,000-square-foot parking structure.<\/p>\n<p>For its part, Hines earned a Silver Award in the repositioning and redevelopment category after taking charge of an unfinished hotel in Chandler, Ariz., and replacing that recession-era eyesore with the very model of a modern mixed-use development: 260,000 square feet of office space, high-end apartments, a 136-key Cambria Hotel &amp; Suites and retail.<\/p>\n<p>As always, the Distinguished Achievement Awards leave me eager to see what\u2019s around the corner. Which reminds me, it\u2019s never too early to start thinking about the deals, strategies and projects that your company should enter next yeart. Yes, I know Thanksgiving isn\u2019t even here yet. But the way the months fly by, submissions for the 2019 competition will be due before you can say \u201cGold Award.\u201d<\/p>\n<p><a href=\"https:\/\/www.mydigitalpublication.com\/publication\/?i=540209\" target=\"_blank\" rel=\"noopener\">Read the&nbsp;November&nbsp;2018 CPE Digest.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Like all reporters, I relish the chance to be a fly on the wall. In our shop there\u2019s no eavesdropping more enjoyable than the judging for CPE\u2019s annual Distinguished Achievement Awards.<\/p>\n","protected":false},"author":445,"featured_media":1004226297,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1521,21788],"tags":[],"class_list":["post-1004276114","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital","category-editors-notes"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Good as Gold - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/good-as-gold\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Good as Gold\" \/>\n<meta property=\"og:description\" content=\"Like all reporters, I relish the chance to be a fly on the wall. 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