Capitol Real Estate Development recently secured a $5 million loan to begin construction on Phase I of a housing development in DC’s Congress Heights neighborhood. This phase includes 26 homes with prices ranging between $240,000 and $360,000 and is expected … Continue reading →
Embraced by the architecture firm Gensler, a “hackable” building “is an existing structure that has been adapted beyond recognition, quickly incorporating a diverse mix of multiple uses within its core.” As market conditions change, buildings that were originally designed and … Continue reading →
The shopping center occupancy rate in the Dallas-Fort Worth area is at 90 percent – the highest number in 10 years, according to The Dallas Morning News. Net retail leasing in the DFW market added about 2.7 million square Those … Continue reading →
In an effort to generate sales growth, Macy’s is spending $400 million on the renovation of its Herald Square store adding 100,000sf of retail space for a total of 1.2 million square feet. The renovation project is expected to complete … Continue reading →
Floor Area Ratio (FAR) is the ratio of a building’s total floor area (or a building’s total possible floor area) to the size of the lot upon which the structure is built. FAR limits are usually a part of local … Continue reading →
Boston Properties plans to demolish the NPR headquarters building at 635 Massachusetts Avenue NW in Washington this spring to make way for a new 480,000sf, 11-story building. Arnold and Porter LLP recently signed a 20-year lease taking 375,000sf of the … Continue reading →
Hudson Yards is a mixed-use development in Manhattan’s West Side. The 26-acre site for the project is the single largest piece of undeveloped property in Manhattan. It will include office, retail, multi-family and cultural centers. Related Companies (owner of Equinox … Continue reading →
Advanced Development and Investment Inc. (ADI), a real estate development company that received approximately $29 million in subsidies from the city of Los Angeles, has agreed to pay $165,000 to end an ethics investigation related to allegations of campaign money-laundering. … Continue reading →
Calculated Risk reports that the October Architecture Billings Index (ABI) score (produced by AIA – The American Institute of Architects) was 52.8 – up from 51.6 in September. The index reflects the nine to twelve month lag time between architecture billings … Continue reading →
The top three Eastern European cities for new retail space construction are Moscow (11.14msf), Kyiv (3.81msf) and Sofia (2.23msf), according to a Q3 2012 report by Colliers International. The cities included Open up communication Erectile Dysfunction cialis rx condition can … Continue reading →