#real-estate-development
#real-estate-development

Miami

A South Beach Burger King site meets a prize-winning architect. See what's coming

A real estate developer plans to replace a Burger King with a boutique office building in Miami Beach.

The new office building is designed to cater to the wealth moving into the region. [ more ]

therealdeal.com

Bardas and Bain Gain Approval for Film Studio in Hollywood

Bardas Investment Group and Bain Capital Real Estate received approval to build an entertainment complex in Hollywood.

The Echelon Studios project will include production studios, offices, restaurants, and an underground parking garage. [ more ]

therealdeal.com

LA Mayor Looks to Make Housing Streamlining Permanent

Los Angeles Mayor Karen Bass aims to make Executive Directive 1 permanent, despite developers' reservations.

The directive aims to expedite affordable housing construction by shortening approval processes and exempting projects from lengthy environmental reviews. [ more ]

www.mercurynews.com

Silicon Valley real estate

700-plus units all affordable could sprout in San Jose near tech hubs

A 780-unit affordable housing development is proposed at 7 Topgolf Drive in San Jose near tech hubs and Google-owned sites

The project is led by a South Korea-based real estate firm and a San Jose-based startup specializing in modular apartments [ more ]

therealdeal.com

Trammell Crow Wins Final Approval for District NoHo

Trammell Crow to build 2.2 million-square-foot development in North Hollywood with a mix of residential, commercial, and retail spaces around the B Line subway terminus.

Project around North Hollywood Station to include 1,572 homes, 20% set aside as affordable, along with office spaces and retail establishments. [ more ]

www.fastcompany.com

East Bay real estate

How this sleek affordable housing project in Maryland became a reality

The Laureate apartment building in a D.C. suburb offers high-end amenities but also includes affordable housing units.

The building was financed through a $100 million fund created by the county government to address housing shortages in the area. [ more ]

therealdeal.com

Josh Altman: Beverly Hills Has No Room for Affordable Homes

Power broker Josh Altman argues against building affordable housing in Beverly Hills.

Altman claims the lack of space in the ritzy city makes it impractical to construct affordable housing. [ more ]

The Art Newspaper - International art news and events

4 months ago

Design

Miami-based artists and arts organisations grapple with gentrification

Florida's population grew by 707,000 between 2020 and 2022, while California and New York saw population shrinkage

Gentrification in Miami is putting pressure on local artists and organizations struggling to afford housing and workspaces [ more ]

moreaffordable-housing

wallpaper.com

5 days ago

Design

One Domino Square: Brooklyn's iridescent skyscraper is an Annabelle Selldorf first

Annabelle Selldorf's One Domino Square in Williamsburg exemplifies her signature minimalism and sophistication in residential skyscraper design. [ more ]

Artnet News

3 months ago

Design

How Real Estate Mogul Sam Charney Built His Art Collection

Sam Charney founded his real estate company in 2013 and has a passion for street art.

Charney is currently developing over two million square feet of mixed-use space in Brooklyn and is incorporating murals by local artists into his construction projects. [ more ]

BKReader

1 week ago

New York City

Bronx Beats Brooklyn in New Housing Growth in 2023

Real estate developers built more housing units in the Bronx than in Brooklyn in 2023. [ more ]

New York Post

New York City

Flower power: NYC locals regain access to all of beloved garden after bruising legal battle

Community successfully regained control of community garden from real-estate developer after decade-long legal battle.

Real-estate developer agreed to donate purchased plot of land to the Children's Magical Garden in honor of his mother. [ more ]

www.standard.co.uk

3 weeks ago

London

Thamesmead residents hold sit-in to save Lesnes Estate from demolition

Pensioners occupy property on Lesnes Estate to prevent demolition for new development. [ more ]

www.hamhigh.co.uk

London

Developer pledges to get stalled tower block finished

New developer Regal London taking over development at Avenue Road site from Essential Living

Regal London aims to complete stalled building project with amendments for fire safety and delivery reputation [ more ]

BKReader

4 weeks ago

One Domino Square in Williamsburg Launches Sales

Luxurious condos with top-notch amenities and city views offered at One Domino Square in Williamsburg.

Two Trees Management provides buyers the opportunity to experience vibrant neighborhood living in Williamsburg. [ more ]

Brooklyn Eagle

Premium ContentOne Domino Square brings upscale condos to the waterfront

Luxurious condominium tower in Williamsburg with top-of-the-line amenities and stunning views, designed by Selldorf Architects.

Offering 160 condos with prices starting at $1.25 million for one-bedroom units and $3 million for three-bedroom units, featuring high ceilings and unique design elements. [ more ]

New York Post

Gen Z and millennials are becoming 'forever renters' - here's what a this means for the real estate market

Real estate developer finds opportunity in 'forever renters' market.

Growing demand for upscale apartments in urban areas among 'forever renters'. [ more ]

New York Post

Big-dollar Malibu land parcel perched above celebrity homes will head to auction in April

Frank Schilling, the dotcom baron, is selling prime LA property above celebrities like Leo DiCaprio, Cindy Crawford, and Neil Young.

The undeveloped 130-acre land with unobstructed ocean views can be developed as a single-family residence or multiple homes. [ more ]

therealdeal.com

TA Partners Seeks Bankruptcy on 452-Unit Playa Vista Project

TA Partners filed for bankruptcy after facing distress due to loan defaults.

The bankruptcy filing relates to a development site in Playa Vista where a residential complex was planned. [ more ]

therealdeal.com

REDA Residential Buys Culver City's Fox Hills Plaza for $49M

REDA Residential and an undisclosed investor purchased a shopping center for $49 million to redevelop into homes.

REDA Residential plans to potentially bring hundreds of residential units to the property. [ more ]

therealdeal.com

LA City Council to Vote on Sportsmen's Lodge Redevelopment

The historic Sportsmen's Lodge in Studio City may be replaced by 520 apartments.

The controversial project is favored by housing proponents. [ more ]

therealdeal.com

Former Santa Monica Mayor Campaigns to Amend Transfer Tax

Proposal to exclude multifamily properties from Measure GS for a vote in November elections.

Initiative aims to address unintended consequences of Measure GS on multifamily housing and rental market. [ more ]

therealdeal.com

Developers Take Dour View of DTLA Office-Home Conversions

Empty office buildings in Downtown L.A. are not suitable for residential conversion due to lack of proper layouts and systems.

The success of previous office-to-home conversions was driven by historic tax credits and incentives, which are currently lacking. [ more ]

therealdeal.com

TGS Management Plans Office-Warehouse Conversion in Irvine

TGS Management aims to convert a former university campus in Irvine into warehouses, marking a significant office-to-warehouse conversion.

Orange County has low industrial property vacancy rates, driving developers towards office-to-warehouse conversions in the area. [ more ]

www.mercurynews.com

Live in a single-family home? This Bay Area company wants to give you $100,000 for the yard space you're not using

California lawmakers are passing modest legislation to increase housing density in existing neighborhoods.

BuildCasa is assisting in utilizing SB 9 to split lots and build more homes in California's key markets. [ more ]

www.mercurynews.com

Silicon Valley billionaires planning Solano County California Forever' utopia score big win in $510 million fight against farmers

Silicon Valley billionaires sued landowners for price inflation conspiracy

Judge denied landowners' attempt to dismiss case, backing the project [ more ]

www.mercurynews.com

Residents ponder prospect of thousands of homes at San Jose golf site

Residents engaged in scrutinizing potential housing development at former golf course site in San Jose.

Lakeside Community proposing large housing development at Pleasant Hills Golf Course site. [ more ]

www.mercurynews.com

Huge new Cupertino neighborhood slated to rise atop old mall gets city OK

The Rise project in Cupertino, replacing the Vallco Shopping Mall, will feature more residential units but decreased overall square footage and building height.

Real estate projects like The Rise are adapting to challenges such as high interest rates, expensive labor, and materials. [ more ]

www.mercurynews.com

Tech company aims to buy old Fry's Electronics site in San Jose

Tech company Super Micro Computer is buying the former site of Fry's Electronics in San Jose for $80 million.

The company is considering developing a tech campus at the location, which has approval for the construction of seven office buildings and two parking structures. [ more ]

Los Angeles Times

Los Angeles

California is building fewer homes. The state could get even more expensive

Developers in California are starting fewer home projects due to various challenges like high costs, regulations, and borrowing expenses.

The decline in home building activity could lead to even higher home prices and rents due to worsening supply shortages. [ more ]

Los Angeles Times

Los Angeles

Office tower planned for Hollywood gets new design and billion-dollar price tag

Office developer plans $1-billion Hollywood high-rise catering to entertainment industry

Renowned architect Norman Foster designs greenery-laden 'vertical campus' for new office tower [ more ]

Los Angeles Times

Los Angeles

Former L.A. deputy mayor goes on trial a second time in bribery and racketeering case

Federal prosecutors are accusing former Los Angeles Deputy Mayor Raymond Chan of involvement in a 'pay-to-play' corruption scheme.

Chan was described as the crucial intermediary between Chinese developers and councilmember Jose Huizar in the downtown real estate projects. [ more ]

Austin Monitor

Austin

Arguments to continue in lawsuit over deed restrictions - Austin Monitor

Homeowners in Elmwood Estates subdivision fight developers to enforce building restrictions.

Legal dispute may escalate as Judge requests more arguments on deed restrictions waiver. [ more ]

therealdeal.com

Upper West Side

Hal Fetner Sold Remaining Stakes To Empire State Realty Trust

Hal Fetner sold stakes in multifamily buildings to ESRT and is in contract to buy two properties on the Upper East Side.

Fetner is actively developing rental buildings in Long Island City and Upper West Side, benefiting from the 421a tax break. [ more ]

Kqed

California

These California Companies Want to Buy Your Backyard - and Build a House | KQED

Homeowners can potentially profit from selling portions of their property, benefiting from new legislation like SB 9.

Developers find SB 450, a legislation allowing lot splitting, somewhat restrictive due to anti-speculation measures. [ more ]

therealdeal.com

Healthcare Businessman Plans NoHo Apartment Complex

Al Leibovic plans to construct a 100-unit apartment building in North Hollywood after purchasing a property for $4.15 million.

The NoHo apartment project will make use of incentives like a 70 percent density bonus and affordable housing options under TOC guidelines. [ more ]

www.nytimes.com

US politics

Kushner Deal in Serbia Follows Earlier Interest by Trump

The plan to redevelop a site in Serbia's capital involves Kushner's team, reminiscent of Trump's past interest. Grenell, a Trump appointee, also advocated for a related plan during his time in the administration. [ more ]

therealdeal.com

Pacific Equity Scores $135M Loan on Malibu Retail Project

Pacific Equity Partners secured $135 million loan to refinance Cross Creek Ranch in Malibu.

The property includes 60% retail and 40% office space, valued at over $1,200 per square foot. [ more ]

therealdeal.com

J+R Group Proposes Office-to-Home Conversion in Irvine

J+R Group plans to convert an eight-story office building in Irvine into 76 homes, including part of an office building on Main Street.

The proposal includes turning several office floors into residential units near the airport, with a nearby parking garage and a lot. [ more ]

therealdeal.com

Richard Weintraub Plans Malibu Canyon Resort Again

Richard Weintraub plans to build a massive hotel in Malibu spanning 181,000 square feet, including various amenities.

Weintraub faced obstacles in developing the site, previously considering a memorial park or high-end cemetery. [ more ]

therealdeal.com

Urban Stearns, Forbix Get $18M Loan for San Pedro Conversion

Urban Stearns and Forbix secured a $17.5 million loan for an office-to-home conversion project in San Pedro.

The project will convert a 12-story office building into 244 apartments with ocean views and resort-style amenities. [ more ]

therealdeal.com

Legado Gets $128M Loan for Apartments in Santa Ana

Legado Companies secures $128 million loan to build apartment complex in Santa Ana

Plans call for 270 apartments, a parking garage, and various amenities [ more ]

therealdeal.com

3 months ago

TPG Angelo Gordon Buys 41 Acres in Rialto for Condo Project

TPG Angelo Gordon has purchased 41.3 acres in Rialto for the development of 429 condominiums.

TPG Angelo Gordon bought the property as a land-banking partner for Lennar Homes. [ more ]

Los Angeles Times

6 years ago