Business Specialties
Mixed-Use, Mixed-Income Apartment Project in D.C. Makes Its Debut
Washington, D.C.–3Tree Flats, a mixed-use residential, transit-oriented development, has opened in Washington, D.C.’s Petworth Neighborhood.
Summit Design + Build Hits Restart on Stalled Chicago Apartment Project
Chicago–Development of the luxury apartment building in Chicago’s Wicker Park neighborhood is back underway now that Summit Design + Build L.L.C. has stepped in and taken the construction reins.
Fieldstone Seeks TIF for Massive Multifamily Renovation
Greenbelt, Md.–Fieldstone Properties has decided to seek about $15 million in tax-increment financing for a variety of public infrastructure improvements to a massive 153-acre rental apartment and townhome property.
Starwood and Meier Collaborate on Mexico City Mixed-Use LEED Project
Mexico City–Starwood Hotels and Resorts plans on adding another contemporary, design-conscious W Hotel to its portfolio, the centerpiece of the new mixed-use development Liberty Plaza.
SOM Brings Green to Tech City in Vietnam
Da Nang City, Vietnam–A new master plan for a green city situated on the edge of the Danang in Vietnam has been unveiled by Skidmore, Owings & Merrill LLP (SOM).
Marazzi Sustains Energy-Efficient Building Façades
The system reduces energy costs by one third as well as installation time.
Historic Landmark Begins Transformation into Artist Lofts in New Orleans
New Orleans–It has been nearly six years since New Orleans was hit by a devastating hurricane, but the post-Katrina revitalization of the City continues and a former condiment factory is going to play its part.
Abode Begins Work on SoCal Affordable Seniors Housing Projects
Los Angeles–Abode Communities broke ground recently on two new affordable seniors housing projects in greater Los Angeles, Terra Bella in Bell Gardens and Hudson Oaks in Pasadena.
Upscale Apartment Project in D.C. Attracts Mayor’s Attention
Washington, D.C.–Rhode Island Row, a 274-unit apartment project in the midst of being developed by Urban Atlantic and A&R Development Corp. in Washington, D.C., recently grabbed the attention of the city’s Mayor, Vincent C. Gray, who visited the $107 million luxury residential project’s construction site on April 5.
AKA Flexible-Stay Apartment Properties to Get $10M Makeover
New York–Korman Communities, owner of the AKA portfolio of flexible-stay apartments, is submitting four of its properties to upgrades at a total cost of $10 million.