Development
Education Realty Trust and Edwards Cos. to Build Student Housing
Tuscaloosa, Ala.–Education Realty Trust Inc. and the Edwards Cos. have inked a deal to develop and manage new student housing at the University of Alabama in Tuscaloosa, Ala.
Cityline Partners Plans 40-Acre Tysons Corner Transformation
McLean, Va.– Cityline Partners of McLean, Va. has unveiled a plan for the long-term transformation of about 40 acres of land in Tysons Corner, Va. into an integrated mix of residential, office, hotel, retail and civic uses surrounding an improved Scotts Run Stream Valley Park.
Federal Home Loan Bank of Atlanta Awards $15.4M For Affordable Housing
Atlanta–The Federal Home Loan Bank (FHLBank) of Atlanta has awarded part of the funding under its 2010 Affordable Housing Program (AHP) to affordable housing developments in Florida and Georgia, a total of $15.4 million.
Impending Panama Canal Expansion to Increase Need for Miami Multifamily Housing–Maybe
Miami–Expansion of the Panama Canal is on track to reach completion in 2014 and Miami, with its port being the closest U.S. port to the Canal, could benefit from thousands of new jobs that would need to be created due to the rise in shipping activity, and those added jobs would spur an increase in demand for multifamily housing.
Development Team Chosen for Biggest NYC Affordable Housing Project in 40 Years
New York–The Hunter’s Point development will encompass 5,000 new housing units–75 percent of which will be reserved for low-, moderate- and middle-income families.
Q&A with the City of Las Vegas’ Tim Whitright
Tim Whitright, development manager with the City of Las Vegas Economic and Urban Development Department, talks about what his department is doing to get Las Vegas back on track.
Bozzuto Kicks Off 121-Unit Suburban Baltimore Townhome Project
Towson, Md.–Bozzuto Homes prepares to bring 121 new for-sale townhomes to Towson with Towson Green, a $40 million residential development outside of Baltimore.
MBTA Vote Paves the Way for Big TOD Project in Suburban Boston
Somerville, Mass.–MBTA’s recent vote in favor of a new Orange Line T station marks a big step forward for a massive mixed-use, transit-oriented development in Somerville.
Reston Station Apartments May Begin Next Year
Reston, Va.–Ground breaking for the first component of the Reston Station Metro Facility–which will form the foundation for Reston’s first TOD, a 1.3 million square-foot, mixed-use development–has been set for this spring.
Bovis Lend Lease Tapped to Build Mixed-Use TOD in Maryland
Odenton, Md.–The Village at Odenton Station, a 400,000 square-foot mixed-use residential project near Baltimore and D.C., moves closer towards realization.