Development
Miracle Mile Development Breaks Ground Under Favorable Circumstances
By Alex Girda, Associate Editor
BRE Properties recently broke ground on an 800,000-square foot mixed-use development at the corner of Wilshire Boulevard and La Brea Avenue. The $105 million project is situated just at the edge of the coveted Miracle Mile […]
440-Foot Tower Proposed for Seattle
By Alex Girda, Associate Editor Seattle city planners have recently been forwarded plans for a brand-new 440-foot tower that would be developed at the corner of Second Avenue and Stewart Street. With permit applications yet to be filed, there are no major details on the project. However, The Seattle Times has released a number of […]
Undeveloped Tract Transformed into a $35M Mixed-Use Project in East Austin
By Camelia Bulea, Associate Editor Richard deVarga, a local developer and architect, and Robert Summers, an Austin attorney and arts advocate, recently bought 25 acres of undeveloped land in East Austin and plan to convert it into a $35 million mixed-use project that will include 150 residences along with public, studio and retail space. It […]
Cranes Move, Construction Begins at Buckhead Atlanta
By Georgiana Mihaila, Associate Editor Lifeless cranes will no longer stand watch over the luxury mixed-use development formerly known as Streets of Buckhead; developer OliverMcMillan, who took over the project in May 2011, has reportedly restarted work on the 1.5-million-square-foot mixed-use project now entitled Buckhead Atlanta. The Atlanta Business Chronicle reports that the San Diego-based […]
PROFILE: Conix Inc.
In its search for distressed properties, Conix Inc. may have a special tool that may not be at the disposal of many other market players.
California Struggles with $1.7 Billion Loss in Redevelopment Funding
While this event may have been a blip on the screens of national developers, caution is in order for the multi-housing industry as a whole. Redevelopment agencies have been abolished in California, and it’s not a trend developers would like to see spread to the other 48 states.
Landscape Your Way to Higher Occupancy
As property owners and managers compete for tenants in an unsteady economy, the importance of first impressions cannot be overlooked. Curb appeal is now more important than ever. A property that shows well from the street can help increase rents, tenant retention rates and asset values.
Plans Unveiled for $42M Waters Edge Resort on Bear Lake
By Alex Girda, Associate Editor The developers of the Waters Edge Resort have unveiled their plans for their $42 million project adjacent to Bear Lake. The project will include a hotel, as well as retail and business space, but also a residential component in the form of condominium units. Waters Edge Resort will capitalize on […]
Putting Families First
John Picerne has found success serving the families that serve our country.
Wood Partners Restarts 290-Unit High-Rise in Downtown L.A.
By Alex Girda, Associate Editor
Low construction costs and growing demand in all housing segments are helping multi-family projects in Los Angeles escape from development limbo. Among the latest is a 290-unit Downtown high-rise planned by Wood Partners and stalled since […]