Business Specialties
Ground Broken for Yonkers Workforce Housing
Yonkers, N.Y.–The Yonkers Industrial Development Agency, L+M Development Partners Inc. and the Greyston Foundation have broken ground on 49 North Broadway, an affordable multifamily housing development.
American Campus Communities and ISU Partner on $59.6M Student Apartment Project
Normal, Ill.–American Campus Communities Inc. and Illinois State University will break ground on Cardinal Court, an 896-bed student-housing community.
Create Value by Improving Customer Satisfaction
As the industry ramps up for the next development boom, existing communities need to focus on staying competitive.
Governmental Impediments to Urban Development
Fiscal realities at all levels of government may put a brake on smart urban development, such as resistance to high-speed rail systems and the abolishment of TIFs.
Charlotte Apartment Development to Break Ground Next Month
Mooresville, N.C.–Construction is slated to begin on Fountains at Mooresville Town Square, a 227-unit, $23 million apartment property developed by Hawkins-Dixon Ltd.
Green Modular Carpet Company Makes Internal Strides in Sustainability
Atlanta–Interface Inc., which designs and manufactures a sustainable modular carpet product, spent the last 12 months making its green operations even greener and has now gone public with its accomplishments.
L.A. Greenlights Wilshire Blvd. Multifamily Development
Los Angeles–The Los Angeles City Council approved plans this week for The Vermont, a 464-unit apartment complex with ground-floor retail and a public park.
CetraRuddy Wins Residential Architect Magazine Award for One Madison Park
New York–CetraRuddy was recently honored with a Multi-Family Grand Award for its design of One Madison Park, a 50-story high-rise sheathed in clear and white glass.
The Case for a First Time Renter’s Tax Credit
Market-rate renters are a unique bunch, in that, of all the household configurations, they are the only group that isn’t subsidized in one way or another.
Affordable Housing Project in Suburban Seattle Obtains Financing
Kirkland, Wash.–Saint Andrew’s Housing Group has won financing for construction of Francis Village Apartments through $10 million in Low Income Housing Tax Credits.