Lured by congressionally authorized tax credits and other financial incentives after Hurricane Katrina, a procession of developers announced plans to build high-rises.
Adding to the tension for commercial investors: Construction and insurance costs have soared.
At least one big plan — a $400 million proposal by Donald Trump to construct the city‘s tallest building — is going [...]
Marriott will open its third Renaissance branded hotel in Paris in 2009, under a management agreement with Empire SAS, a wholly-owned subsidiary of Altarea SA, a publicly traded French company.
When opened, it will be Marriott’s eighth hotel in the Paris metropolitan area.
The 118-room Renaissance Paris Arc de Triomphe will be located on Avenue Wagram [...]
A Courtyard by Marriott hotel will offer newly developed amenities for travelers, Marriott International Inc. announced Tuesday.
The Courtyard Cincinnati-North at Union Centre will open June 5 on Muhlhauser Road in West Chester, the company said Tuesday. The five-story, 126-room hotel in Butler County includes a restaurant, indoor pool with a whirlpool spa, exercise room [...]
A hotel could return to the downtown waterfront, the city’s docks would extend farther out into the Intracoastal Waterway and the city would finally free itself from a loser of a lease under a complex plan for a major overhaul of the city’s Palm Harbor Marina to be announced today.
The plan, which also calls for [...]
Aconex has been selected to provide its web-based project collaboration service to the new beachfront Marriott Renaissance Hotel development in the Kingdom of Bahrain.
Aconex will allow project participants to manage all their project information online – saving time, cutting administrative costs and reducing risk.
The 323-room Renaissance Bahrain Amwaj Islands Hotel is being constructed on a [...]
With a view to meet the growing needs of the Hotel & Tourism industry for visiting Indian as well as Foreign tourists, the Punjab Governor and Administrator, Union Territory, Chandigarh, Gen. (Retd.) S.F.Rodrigues, PVSM VSM, today inaugurated “Hotel Chandigarh Beckons” set up by the Chandigarh Institute of Hotel Management and Catering Technology in Sector 42
Chandigarh, [...]
An Australian hotel catering for homosexuals has won the right to ban heterosexuals from its bars.
In what is believed to be a first for Australia, the Victoria state civil and administrative tribunal ruled last week that the Peel Hotel in Melbourne could exclude patrons based on their sexuality, despite the fact that Australia’s equal opportunities [...]
New condominium buildings — they’re not just for downtown, Belltown, Capitol Hill and Ballard anymore.
Developers say commercial areas in many Seattle neighborhoods could see more condos in coming years — a prediction that worries some residents.
Sapphire, in Greenwood, and Fini, in Phinney Ridge, are two of the fastest-selling new condominium buildings. They offer new homes [...]
Michael Gross and his wife, Cathy Fry, bought a two-bedroom, two bath condo in the Hi-Pointe Lofts in Richmond Heights at 6350 Clayton Rd. for $462,000 from Gerald and Katherine Rittenbery on April 18.
Ramona Saunders of Midwest Eagle, Realtors listed the 1,691 square foot condo for $472,000.
Gross is an appellate lawyer and brief writer with [...]
Builder confidence in the condominium housing market eroded significantly in the first quarter of 2007, according to the latest results of the Multifamily Condo Market Index (MCMI), released today by National Association of Home Builders (NAHB). The component of the MCMI that tracks current conditions in the condo market stood at 23.1, down nearly [...]
Developers are bullish about future demand for office-condo units, even though there are signs that the Valley’s market is becoming oversaturated in some areas.
In fact, they are in the process of increasing the area’s inventory of such space by as much as 65 percent and show no signs of slowing even as units remain on [...]
Krzysztof Karbowski bought a two-bedroom, two bath condo at 3010 N. Sheffield for $522,000 from Karolina Nawrocki on April 20.
Nawrocki bought Unit #2S for $495,000 in Dec. 2006.
Karbowski is a developer in Chicago and runs MCM Realty, which specializes in developments in the Bucktown/Wicker Park/Ukrainian Village neighborhoods. He owns a handful of properties in the [...]