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Tag Archives: Development

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Audi Field

CRE Worldwide Posted on February 22, 2017 by Ramin SeddiqFebruary 22, 2017

Last week, the DC Zoning Commission granted approval for the construction of Audi Field, DC United’s new $300 million stadium. Located at Buzzard point, the 20,000-seat stadium will include 31 luxury suites, four of which will be reserved for city, … Continue reading →

Posted in Metro DC CRE | Tagged Construction, Development, Government, Leasing, Retail

Shaw Warehouse Redevelopment Plan Takes a Step Forward

CRE Worldwide Posted on February 12, 2017 by Ramin SeddiqFebruary 12, 2017

The DC Historic Preservation Review Board ruled last week that the Old City Development Group and PGN Architects redevelopment plans for the former Holzbeierlein Bakery warehouse in Shaw are compatible “with the character of the industrial complex of buildings,” according … Continue reading →

Posted in Metro DC CRE | Tagged Development, Government, Multi-family, Retail

Marriott Selects Bethesda for New HQ Location

CRE Worldwide Posted on January 22, 2017 by Ramin SeddiqJanuary 22, 2017

Marriott, the world’s largest hotel firm, has signed a letter of intent to lease space at 7750 Wisconsin Avenue for its headquarters where about 3,500 employees are expected to work. The planned development by Boston Properties and Bernstein Cos. is … Continue reading →

Posted in Metro DC CRE | Tagged Development, Government, Hospitality, Hotels, Leasing, Office, Taxes

DC Council Bill Proposes CRE Tax Reduction for Wards 7 and 8

CRE Worldwide Posted on January 18, 2017 by Ramin SeddiqJanuary 18, 2017

The East End Commercial Real Property Tax Rate Reduction Act of 2017, a new bill introduced by the DC Council, aims to spur development and economic activity east of the Anacostia River. Especially a small number of women in pre-marital … Continue reading →

Posted in Metro DC CRE | Tagged Development, Economy, Government, Taxes

Macy’s to Shutter Nicollet Mall Store

CRE Worldwide Posted on January 5, 2017 by Ramin SeddiqJanuary 5, 2017

Macy’s is selling the three buildings it occupies on Nicollet Mall in downtown Minneapolis. New York-based The 601w Companies is paying north of $40 million for the property which it plans to convert into office space with retail on the … Continue reading →

Posted in US CRE | Tagged Development, Economy, Investments, Office, Pricing, RE Sales, Retail

Columbia Crossroads

CRE Worldwide Posted on December 30, 2016 by Ramin SeddiqDecember 30, 2016

A 7.4-acre site that lies between Moncure Avenue and Radley Acura in the “Southeast Quadrant” of Columbia Pike in Fairfax County, Virginia is being developed into a 375-unit Class A apartment building, according to CoStar. The AvalonBay project will be … Continue reading →

Posted in Metro DC CRE | Tagged Development, Government, Multi-family

Trump Hotel Lease Provision May Present Dilemma After Jan. 20

CRE Worldwide Posted on December 14, 2016 by Ramin SeddiqDecember 14, 2016

The Trump International Hotel’s 60-year lease of the Old Post Office Building with General Services Administration (GSA) states that no “elected official of the Government of the United States” shall be “admitted to any share or part of this Lease.” … Continue reading →

Posted in Metro DC CRE | Tagged Development, Government, Hospitality, Investments, Legal

Trader Joe’s to Open Third DC Store

CRE Worldwide Posted on November 29, 2016 by Ramin SeddiqNovember 29, 2016

Trader Joe’s will open its third DC store at LCOR Inc.’s The Edison at Union Market located, a 187-unit multi-family building located at 1240 Fourth Street NE, according to Washington Business Yes, erectile dysfunction has become the major threat for … Continue reading →

Posted in Metro DC CRE | Tagged Development, Leasing, Multi-family, Retail

Second Avenue Subway: Phase One to Open in December

CRE Worldwide Posted on November 5, 2016 by Ramin SeddiqNovember 5, 2016

The first phase of the Second Avenue Subway is slated to open at the end of December. The Q train will extend from 57th Street to run along Second Avenue to 96th Street. The phase one extension is expected to … Continue reading →

Posted in US CRE | Tagged Development, Government, New York

Aston Martin Residences

CRE Worldwide Posted on October 29, 2016 by Ramin SeddiqOctober 29, 2016

British luxury carmaker Aston Martin, in partnership with G and G Business Developments (owned by Argentina’s Coto family), will develop its first-ever real estate project. Located on the Miami River at 300 Biscayne Boulevard Way and overlooking Biscayne Bay, Aston … Continue reading →

Posted in Uncategorized | Tagged Construction, Development, Multi-family

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