#real-estate-development

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#miami

A mystery buyer is secretly snapping up condos in a 22-story tower flanked by billionaire Ken Griffin's empire

Ken Griffin is actively developing a significant financial hub in Miami while engaging in secretive real estate transactions that may impact his plans.

A signature Miami luxury hotel is closing and will be replaced by two new towers

The Mandarin Oriental in Miami is closing in 2025 for redevelopment into a new luxury resort and condominium complex, reopening in 2030.

A mystery buyer is secretly snapping up condos in a 22-story tower flanked by billionaire Ken Griffin's empire

Ken Griffin is actively developing a significant financial hub in Miami while engaging in secretive real estate transactions that may impact his plans.

A signature Miami luxury hotel is closing and will be replaced by two new towers

The Mandarin Oriental in Miami is closing in 2025 for redevelopment into a new luxury resort and condominium complex, reopening in 2030.
moremiami
#affordable-housing

Left waiting: Rally Austin pushes for city action on four sites ID'd for redevelopment - Austin Monitor

Rally Austin faces delays in property control that are hindering affordable housing developments in Austin.

Two Affordable Housing Buildings Were Planned. Only One Went Up. What Happened?

New York City struggles with a severe housing shortage, pushing rents up and leading to residents leaving due to unaffordable prices.

Silver Creek OK'd to redevelop Viper Room with WeHo highrise

Redevelopment of Viper Room to include 11-story hotel and apartments, marking a new chapter for Sunset Boulevard.

Premium Content: New 30-story residential tower at 89 DeKalb dedicates a third of its units to affordable housing

RXR's 89 DeKalb aims to alleviate NYC's housing crisis by offering affordable and market-rate units.

Austin went on a land-buying spree in 2020. So far, little has been built on it. - Austin Monitor

Austin bought 60 acres of land during COVID-19, aiming to create affordable housing, but much remains undeveloped amid rising housing costs.

Affordable housing lottery opens for first Gowanus residential high-rise after rezoning

The first residential high-rise post-Gowanus rezoning introduces affordable housing options and spurs significant neighborhood development.

Left waiting: Rally Austin pushes for city action on four sites ID'd for redevelopment - Austin Monitor

Rally Austin faces delays in property control that are hindering affordable housing developments in Austin.

Two Affordable Housing Buildings Were Planned. Only One Went Up. What Happened?

New York City struggles with a severe housing shortage, pushing rents up and leading to residents leaving due to unaffordable prices.

Silver Creek OK'd to redevelop Viper Room with WeHo highrise

Redevelopment of Viper Room to include 11-story hotel and apartments, marking a new chapter for Sunset Boulevard.

Premium Content: New 30-story residential tower at 89 DeKalb dedicates a third of its units to affordable housing

RXR's 89 DeKalb aims to alleviate NYC's housing crisis by offering affordable and market-rate units.

Austin went on a land-buying spree in 2020. So far, little has been built on it. - Austin Monitor

Austin bought 60 acres of land during COVID-19, aiming to create affordable housing, but much remains undeveloped amid rising housing costs.

Affordable housing lottery opens for first Gowanus residential high-rise after rezoning

The first residential high-rise post-Gowanus rezoning introduces affordable housing options and spurs significant neighborhood development.
moreaffordable-housing
#san-jose

Vacant Bay Area restaurant at historic building goes up in flames

An early morning fire caused damage to the vacant Bo Town Seafood Restaurant, now a site for a future billion-dollar housing project.

Caltrain's double tower project in Downtown San Jose moves forward

Caltrain’s partnership aims to create a significant commercial development near Diridon station to boost economic activity and transit ridership.

New luxury apartments could boost downtown San Jose - San Jose Spotlight

The opening of The Fay high-rise is seen as a pivotal step in revitalizing downtown San Jose and attracting more residents.

Vacant Bay Area restaurant at historic building goes up in flames

An early morning fire caused damage to the vacant Bo Town Seafood Restaurant, now a site for a future billion-dollar housing project.

Caltrain's double tower project in Downtown San Jose moves forward

Caltrain’s partnership aims to create a significant commercial development near Diridon station to boost economic activity and transit ridership.

New luxury apartments could boost downtown San Jose - San Jose Spotlight

The opening of The Fay high-rise is seen as a pivotal step in revitalizing downtown San Jose and attracting more residents.
moresan-jose

JLL finds data center developers interested in SoCal suburbs

Southern California's data center development is surging due to low vacancy rates and increasing demand for storage.
Cities are adapting their regulations to facilitate data center construction as a means of value creation.
#housing-crisis

CA Offers Incentives to Build Housing for Teachers

California officials encourage school districts to repurpose surplus property for housing to address the housing shortage.

More Americans are living in malls, as developers get creative to help ease the housing crisis

American malls are transforming into vibrant living spaces with apartments, marking a shift in consumer engagement and urban planning.

The California Forever debate moves underground - High Country News

Flannery Associates' attempt to develop agricultural land in Solano County faced local opposition, leading to the withdrawal of its initial proposal.

Loophole' in state law opens door to 22-story high-rise close to a California beach

A developer is attempting to build a 239-foot structure in Pacific Beach despite strict height limits, citing state laws to bypass local regulations.

CA Offers Incentives to Build Housing for Teachers

California officials encourage school districts to repurpose surplus property for housing to address the housing shortage.

More Americans are living in malls, as developers get creative to help ease the housing crisis

American malls are transforming into vibrant living spaces with apartments, marking a shift in consumer engagement and urban planning.

The California Forever debate moves underground - High Country News

Flannery Associates' attempt to develop agricultural land in Solano County faced local opposition, leading to the withdrawal of its initial proposal.

Loophole' in state law opens door to 22-story high-rise close to a California beach

A developer is attempting to build a 239-foot structure in Pacific Beach despite strict height limits, citing state laws to bypass local regulations.
morehousing-crisis
from The Mercury News
2 weeks ago

US cities cut red tape to turn unused office buildings into housing

Cities are converting empty office spaces to housing to combat high vacancy rates and housing shortages.

A Chinese Master Chef Is Opening a Noodle and Dumpling Destination in Silver Lake

RYDA is introducing three new restaurants to Silver Lake as part of a mixed-use development set to enhance the area's culinary diversity.
#urban-planning

The housing market is strained. Could repurposing federal land be the answer?

Repurposing federally owned land for housing development faces challenges due to limited suitable land availability and specific housing demands in major metro areas.

A new project is planned at the former Deauville hotel site. Here's what it looks like

Developers are proposing to redevelop the Deauville Beach Resort site with modern condo towers while preserving the historic hotel's architecture.

California state senator backs plan for homes on Rowland Heights golf course

State Sen. Bob Archuleta endorsed a controversial plan to build 360 homes on a closed golf course in Rowland Heights.

66 flats set to replace four Croydon houses - but nearly 100 people object

Plans for nearly 70 flats approved on Pampisford Road despite nearly 100 resident objections.
New flats will include private amenities and communal spaces, with no trees to be removed.

The housing market is strained. Could repurposing federal land be the answer?

Repurposing federally owned land for housing development faces challenges due to limited suitable land availability and specific housing demands in major metro areas.

A new project is planned at the former Deauville hotel site. Here's what it looks like

Developers are proposing to redevelop the Deauville Beach Resort site with modern condo towers while preserving the historic hotel's architecture.

California state senator backs plan for homes on Rowland Heights golf course

State Sen. Bob Archuleta endorsed a controversial plan to build 360 homes on a closed golf course in Rowland Heights.

66 flats set to replace four Croydon houses - but nearly 100 people object

Plans for nearly 70 flats approved on Pampisford Road despite nearly 100 resident objections.
New flats will include private amenities and communal spaces, with no trees to be removed.
moreurban-planning

Biological Settlement, Eco village, Cha de Igreja / Ramos Castellano Arquitectos

Santo Antao's economy is transitioning from agriculture to tourism, affecting its demographic and landscape.
The real estate project incorporates agricultural development to address local food production needs.
from Grub Street
3 weeks ago

The Big-Money, Big-Macher Restaurant Is Back

New restaurants in New York are embracing extravagant spaces, merging past opulence with modern dining trends to attract affluent customers.

Partners pitch 'exclusive' access to Mt. Waterman ski resort. The Forest Service has concerns

Plans to develop the Mt. Waterman ski resort face hurdles due to federal opposition to exclusivity.
Exclusive ski membership proposed to fund improvements at the resort may not gain necessary approval.
#residential-conversion

The Flatiron Will Go Condo

The Flatiron Building will be converted into 60 luxury condos by late 2026, preserving its historical façade while modernizing the interior.

Brodsky eyes 60 units in Flatiron Building conversion

The iconic Flatiron Building is being converted into a 60-unit condo property, with completion expected by 2026.

Changes to disused snooker hall and new flats from offices planned in Havering

The Havering Council received 42 planning applications in mid-November, indicating active redevelopment interest in the area.

The Flatiron Will Go Condo

The Flatiron Building will be converted into 60 luxury condos by late 2026, preserving its historical façade while modernizing the interior.

Brodsky eyes 60 units in Flatiron Building conversion

The iconic Flatiron Building is being converted into a 60-unit condo property, with completion expected by 2026.

Changes to disused snooker hall and new flats from offices planned in Havering

The Havering Council received 42 planning applications in mid-November, indicating active redevelopment interest in the area.
moreresidential-conversion

Brooklyn property manager tries hand at Jersey City development

Dave Denis is venturing into condominium development in Jersey City, reflecting a blend of passion and professional evolution from prior ventures.
His project aims to create not just housing, but a community within a historically significant area.

Design Your Dream Vacation Home at One&Only Mandarina

One&Only Resorts partners with RLH Properties to offer fully customizable luxury residences at Mandarina resort, enhancing personalization in branded luxury real estate.

Golden Gate University Campus, Once Slated to Become 50-Story Tower, Sits In Limbo

Golden Gate University is rethinking its operations in light of changing student preferences and declining physical space usage, despite increased enrollment.

Developer Kapoor admits liability in SEC securities violations case; civil fine pending

Rishi Kapoor admitted to misappropriating millions while settling with the SEC, impacting his career in real estate and business.
#housing-market

NYC Is Issuing 26K Apartment Permits Annually-5x More Than In The '90s

New York City leads U.S. cities in new multifamily apartment construction, surpassing all others dramatically.
The city's skyline symbolizes rapid growth with constant construction of apartments, offices, and storage facilities.

Top real-estate CEO suggests some young people might have voted for Trump because they're sick of living in their parents' basements

Trump's re-election signifies expectations from young voters for effective housing solutions amidst economic challenges.

London developer's Chelsea-on-sea flats unsellable due to second home ban

High property prices in Salcombe are blocking housing sales, prompting developers to challenge residency policies.

NYC Is Issuing 26K Apartment Permits Annually-5x More Than In The '90s

New York City leads U.S. cities in new multifamily apartment construction, surpassing all others dramatically.
The city's skyline symbolizes rapid growth with constant construction of apartments, offices, and storage facilities.

Top real-estate CEO suggests some young people might have voted for Trump because they're sick of living in their parents' basements

Trump's re-election signifies expectations from young voters for effective housing solutions amidst economic challenges.

London developer's Chelsea-on-sea flats unsellable due to second home ban

High property prices in Salcombe are blocking housing sales, prompting developers to challenge residency policies.
morehousing-market

60-story condo towers are coming to waterfront - and carry name of Miami Beach hotel

Faena Residences marks the brand's entry into Miami's luxury condo market with a significant investment and future construction planned.
#historic-preservation

Washington DC is full of obsolete government buildings. See how one is being transformed into hundreds of luxury apartments.

Washington DC is leading the nation in office-to-residential conversions, with significant growth planned for 2024.

Saving Grace: $5M Church in Washington, DC, Seeks a Heavenly Transformation

The Church of the Holy City is for sale, inviting creative residential or commercial redevelopment opportunities.
The property has a long history and potential for luxury condo development but faces preservation challenges.

Washington DC is full of obsolete government buildings. See how one is being transformed into hundreds of luxury apartments.

Washington DC is leading the nation in office-to-residential conversions, with significant growth planned for 2024.

Saving Grace: $5M Church in Washington, DC, Seeks a Heavenly Transformation

The Church of the Holy City is for sale, inviting creative residential or commercial redevelopment opportunities.
The property has a long history and potential for luxury condo development but faces preservation challenges.
morehistoric-preservation

DUMBO becomes new york's design district where creative firms collaborate and thrive

DUMBO is now a vibrant hub for creative professionals, with significant contributions from Two Trees Management.
The neighborhood offers inspiring workspaces that reflect the identity of design-focused businesses.

What's the future of this popular South Miami gathering spot? Landmark draws a developer

Deli Lane & Sunset Tavern is relocating after 40 years due to redevelopment plans, but will continue to operate in South Miami.

New zoning would allow huge building on South Congress - Austin Monitor

The Austin City Council approved a zoning change to accommodate a large multifamily residential and office project in South Congress.

Q&A: Choice Hotels CEO on the Future of Hotel Development

The hotel industry anticipates significant growth in 2025 driven by rising demand, favorable economic conditions, and emerging travel trends.

Residential developers are going bonkers for Yonkers - with thousands of homes in the pipeline

Hudson Piers is a major development in Yonkers, signaling the city's transformation into an attractive housing destination.

Brookfield Properties seeks 40K sf expansion of Staten Island Mall

Brookfield Property Partners proposes a major expansion to Staten Island Mall, targeting over 41,000 sq. ft. of new retail while reducing parking.

Florida's real estate boom is drowning in risk - but builders keep pushing forward

Florida is leading in risky development, constructing thousands of buildings in flood-prone areas despite increasing storm risks.

These 16 Remote Homes Blend Into Nature Like We've Never Before Seen

The houses blend with nature and offer unique experiences of shelter and exposure to the elements.
Bishop's development prioritizes ecological preservation with strict landscaping regulations.

Tahoe developers narrowly avoid foreclosure on Waldorf Astoria project

EKN Development is progressing with transforming Tahoe Biltmore into Waldorf Astoria despite prior financial issues.

Sunnyvale celebrates new era of downtown developments

Sunnyvale's downtown revitalization features historic redwoods and modern developments, marking the completion of a long-term urban planning project.

A New Office in Mumbai Highlights Sustainable Design

The Vibrant Group India prioritizes eco-friendly designs in real estate, evident in their Office@27 project featuring sustainable materials and harmonious architecture.
#oakland

Oakland's brand-new, revised deal to sell the Coliseum has a new timeline - and raises more questions

The Oakland city sale of its Coliseum share is crucial for addressing a budget crisis, pending expected payments from a development group.

Oakland Mayor Sheng Thao to outline deal to sell share of Coliseum complex

The City of Oakland has reached a deal to sell their share of the Coliseum complex site, potentially leading to a revitalization of the area.

Oakland's brand-new, revised deal to sell the Coliseum has a new timeline - and raises more questions

The Oakland city sale of its Coliseum share is crucial for addressing a budget crisis, pending expected payments from a development group.

Oakland Mayor Sheng Thao to outline deal to sell share of Coliseum complex

The City of Oakland has reached a deal to sell their share of the Coliseum complex site, potentially leading to a revitalization of the area.
moreoakland

Downtown panelists look at options for equitable development as area grows - Austin Monitor

Downtown Austin stakeholders seek to safeguard accessibility for artists and cultural groups amid rising prices due to development and infrastructure projects.

Judge halts construction of massive warehouse project after scores of homes already demolished

A judge halted the Bloomington Business Park project due to flaws in its environmental impact report, affecting numerous homes and raising community concerns.
#community-opposition

After City Planning Commission Approves Franklin Ave. Lot Rezoning, Developer Pulls a Switcheroo

Developer withdraws plans for 10-story building after rezoning approval, citing devaluation concerns due to imposed limits.

'We weren't told about 'harmful' King's Cross shopping pavilion plans'

Plans to redevelop Coal Drops Yard are facing backlash for insufficient consultation and potential harm to the historic site.

After City Planning Commission Approves Franklin Ave. Lot Rezoning, Developer Pulls a Switcheroo

Developer withdraws plans for 10-story building after rezoning approval, citing devaluation concerns due to imposed limits.

'We weren't told about 'harmful' King's Cross shopping pavilion plans'

Plans to redevelop Coal Drops Yard are facing backlash for insufficient consultation and potential harm to the historic site.
morecommunity-opposition

MLC Holdings to replace OC's Trinity Broadcasting campus with homes

MLC Holdings aims to convert the Trinity Broadcasting Network site into residential units, reflecting a shift from its original use as a broadcasting campus.

Toronto councillor received 11% of donations from donors tied to developer | CBC News

Concerns about conflicts of interest arise from campaign donations received by Toronto councillor Chris Moise from a real estate developer's executives.
#los-angeles

Sun Hill advances plan for Hilton Universal City hotel expansion

Sun Hill Properties plans to expand the Hilton Universal City by building an 18-story addition, pending City Council approval.

Court upholds conviction of developer in Huizar bribery scheme

Shen Zhen New World I was convicted of bribery and corruption related to a real estate development in Los Angeles.

Sun Hill advances plan for Hilton Universal City hotel expansion

Sun Hill Properties plans to expand the Hilton Universal City by building an 18-story addition, pending City Council approval.

Court upholds conviction of developer in Huizar bribery scheme

Shen Zhen New World I was convicted of bribery and corruption related to a real estate development in Los Angeles.
morelos-angeles

Transamerica Pyramid Center in SF celebrates grand reopening after $1 billion renovation

The Transamerica Pyramid Center re-opening marks a $1 billion renovation investment aimed at revitalizing the Financial District in San Francisco.
#brooklyn

Bungalow Projects files plans for Bushwick production studio

Bungalow Projects and Bain Capital plan to build a major movie studio complex in Bushwick, Brooklyn, enhancing the local film production landscape.

Buyer plans condo for stalled site of tallest modular hotel

Pro-H Development is replacing the stalled AC Hotel NoMad project with a residential condominium, highlighting ongoing challenges in modular construction.
Construction for the new project is expected to begin in spring after the developer acquired the site for $30 million.

Bungalow Projects files plans for Bushwick production studio

Bungalow Projects and Bain Capital plan to build a major movie studio complex in Bushwick, Brooklyn, enhancing the local film production landscape.

Buyer plans condo for stalled site of tallest modular hotel

Pro-H Development is replacing the stalled AC Hotel NoMad project with a residential condominium, highlighting ongoing challenges in modular construction.
Construction for the new project is expected to begin in spring after the developer acquired the site for $30 million.
morebrooklyn
#community-engagement

Why Related's High Line snag is serious

Related's Hudson Yards project faces significant challenges despite its experience and resources due to complex rezoning processes and community opposition.

Creating an Artistic Buzz, One Real Estate Development at a Time

Real estate developers are increasingly integrating public art into their projects, enhancing urban spaces.

Albany County Pine Hills Land Authority appointees announced

The Albany County Pine Hills Land Authority is established to redevelop properties following the College of Saint Rose closure.

Why Related's High Line snag is serious

Related's Hudson Yards project faces significant challenges despite its experience and resources due to complex rezoning processes and community opposition.

Creating an Artistic Buzz, One Real Estate Development at a Time

Real estate developers are increasingly integrating public art into their projects, enhancing urban spaces.

Albany County Pine Hills Land Authority appointees announced

The Albany County Pine Hills Land Authority is established to redevelop properties following the College of Saint Rose closure.
morecommunity-engagement

Hollywood campus developers pivot from office to apartments

The CMNTY Culture project pivots from office space to residential development in response to Los Angeles' high office vacancy rates.

New video shows spectacular look at proposed NYC casino from the High Line

Wynn Resorts is moving forward with plans for a major resort and casino development at Hudson Yards in New York City.

Developers Close to Reviving Construction on Pacific Park, Reports Say

Pacific Park revival plans are underway as Related Companies approaches a deal to resume construction amid previous developer's financial troubles.

San Jose candidate worked for controversial Chinese developer - San Jose Spotlight

George Casey's involvement with Z&L Properties raises ethical questions regarding his candidacy for San Jose City Council.
#california-forever

Watch: Tech billionaires want to build a utopian city in California

Tech billionaires are investing in new development projects in California, aiming for major changes in local communities.

Marc Andreessen's family plans to build a 'visionary' subdivision near the proposed California Forever utopia city | TechCrunch

The Andreessen family plans significant community development in Solano County, including over 1,000 homes, adjacent to the California Forever project.

Billionaire Marc Andreessen's family plans 'visionary' development near controversial 'California Forever' project: report

Andreessen's family is backing a significant real estate project near the controversial California Forever city project, aiming for innovation in housing.

Watch: Tech billionaires want to build a utopian city in California

Tech billionaires are investing in new development projects in California, aiming for major changes in local communities.

Marc Andreessen's family plans to build a 'visionary' subdivision near the proposed California Forever utopia city | TechCrunch

The Andreessen family plans significant community development in Solano County, including over 1,000 homes, adjacent to the California Forever project.

Billionaire Marc Andreessen's family plans 'visionary' development near controversial 'California Forever' project: report

Andreessen's family is backing a significant real estate project near the controversial California Forever city project, aiming for innovation in housing.
morecalifornia-forever

$800 million and nothing to show: How activists derailed Silicon Valley billionaires' dream city

Tech investors, despite their resources, face significant local resistance in their ambitious project to build a new city in Solano County.

NYC's most fashionable shopping corridor is getting a mystery makeover

Uptown Madison Avenue is undergoing significant redevelopment with mixed-use projects, raising questions about the future of luxury retail in the area.

Las Vegas is seeing one of the largest industrial booms in the nation

North Las Vegas is emerging as a key industrial hub due to strategic location and supportive local policies.

Core Spaces eschews remote work, triples space in North Side lease

Core Spaces is expanding its Chicago office lease, focusing on in-person collaboration while other companies downsize.
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