Related Unveils Final South Loop Luxury Collection Building, Adler Place
Related Midwest has unveiled its 32-story Adler Place condo community in Chicago’s South Loop neighborhood, marking the last of three communities to be re-launched in the developer’s previously stalled South Loop Luxury by Related collection.
Terra’s Miami Beach Glass Tower Nearly Sells-Out Prior to Ground Breaking
Miami-based Terra Group has announced that it has broken ground on its 18-story condominium tower, Glass, and has already sold seven of the 10 full-floor residences. The tower was designed by famed Miami architect Rene Gonzalez.
The Towbes Group Property Garners SBCGB Certification
The Towbes Group has announced that its Goleta, Calif., community, Encina Meadows, has been awarded green business certification by the Santa Barbara County Green Business office for its efforts in reducing waste, as well as energy and water consumption in the community’s common areas.
Ariel Property Advisors Sells Pair of Multifamily Buildings in New York
Ariel Property Advisors announced that it has sold the adjoining properties at 556-562 West 126th Street in New York for $15 million, which comes totals about $284,615 per square foot.
Carroll Organization Acquires East Orlando Apartment Community
In an attempt to expand its presence in the Orlando market, Atlanta-based Carroll Organization announced that it has purchased the 300-unit Falcon Pines Community in the East Orlando submarket, marking its second acquisition in the city this year.
Magnusson Transforms Parking Lots into Affordable Housing
Magnusson Architecture and Planning (MAP) commenced on the construction of Soundview Family Housing last week in the Soundview neighborhood of Bronx, N.Y.
Crescent, Glimcher Move Forward with Construction of Crescent Scottsdale Quarter
Crescent Communities and partner Glimcher Realty Trust have announced the ground breaking on a $61 million, 275-unit luxury rental community in the North Scottsdale retail hub, Scottsdale Quarter.
TDI Breaks Ground on Transit-Oriented, Mixed-Use Project in Farmingdale, N.Y.
TDI Real Estate Holdings LLC announced that construction has commenced on a $40 million transit-oriented, mixed-use project in Farmingdale, N.Y., across the street from Farmingdale Station.
Supportive Veteran Housing Community Opens on Former Indianapolis Brownfield Site
Timed to coincide with the 150th anniversary of President Lincoln’s Gettysburg Address, members of public and private organizations along with the City of Indianapolis held a ribbon cutting ceremony Tuesday to mark the opening of The Lincoln Apartments, a 75-unit supportive housing community that will serve homeless veterans.
Multiple Partners Unveil HANAC-PCA Senior Residence in Queens
Multiple federal and state government agencies, along with members of non-profit organizations, politicians and residents celebrated the grand opening of HANAC-PCA Senior Residences Friday in the Astoria section of Queens, N.Y.