Development
Lowe Enterprises Unveils the George Apartment Building
Lowe Enterprises has announced the completion of The George apartment building in Wheaton, Md. The 12-story tower was a redevelopment of an existing 45-year-old, five-story former office building. The additional seven stories and other renovation efforts will add 194 contemporary residents to that market.
Aconex Platform Selected for Public Infrastructure Stage at Bayside Waterfront Project in Toronto
Hines, Waterfront Toronto’s development partner on Bayside Waterfront, chose Aconex’s solution for the first phase of public infrastructure for the project.
Development Trends in Charlotte: Interview with Marc Robinson of Multi Housing Advisors
The multifamily markets in the southern and mid-Atlantic regions of the country are booming. MHN talks to Marc Robinson, co-founder and co-managing partner of Atlanta-based Multi Housing Advisors, who is overseeing their Charlotte, N.C., branch, about investment and development trends in the region.
Halpern Enterprises to Break Ground On Multi-Use Development
Atlanta-based Halpern Enterprises will break ground on a new 48-acre development that will add 153 single-family homes, a 274-unit luxury rental apartment community and a 47,593-square-foot neighborhood retail center to the Atlanta suburb of Smyrna, Ga.
Bedrock Real Estate Integrates Smart Technology Across Detroit Portfolio
Downtown Detroit’s revitalization is taking a step into the future and companies like Hepta Control Systems and Bedrock Real Estate Services are at the forefront of the transformation of these historic and iconic buildings.
TODAY’S DEALS: Cityscape Residential Secures $82M for Three Midwest Developments
Cityscape Residential to build 670 units after securing financing; and Huntington Bank provides $90 million for two Pittsburgh mixed-use projects.
LeFrak, Kennedy Wilson Seeking Approval for Planned Hollywood Development
Developers LeFrak and Kennedy Wilson have announced plans for a 410-unit mixed-use high-rise development at the corner of Hollywood Boulevard and La Brea Avenue in Los Angeles.
Crescent Communities Unveils New Luxury Development in Nashville
Crescent Communities has announced the opening of its newest Nashville community, Crescent Cool Springs.
Building in Boston: Development Trends that Matter to Related Beal
Related Beal, a development company based in Boston and part of The Related Company, recently announced that Kim Sherman Stamler has been promoted to chief operating officer. MHN talks to Sherman Stamler about development trends in Boston and what they mean for Related Beal.
APARTMENT MARKET STATISTICS: August 2014
The three-month moving average of multifamily housing starts now exceeds the average recorded between 2000 and 2007, according to the National Association of Home Builders.