Archive for August, 2007

$520 million luxury high-rise condo-hotel Ravallo Resort & Conference Center will start next March in Lake Buena Vista, Florida.

A nine-story main structure with a rooftop pool will connect two 22-story buildings. Amenities of the 900-unit property include restaurants, retail outlets, a spa, a fitness center, and 140,000 square feet of convention and meeting space. Guestrooms will feature fully equipped kitchens with granite countertops, crown molding, flat-screen TVs, and whirlpool tubs. The Scott Partnership [...]

Thursday, August 23rd, 2007 In Condo, Real Estate Tags: , , , , , , , , , , ,

Ahwtaukee condo complex close to opening

A cluster of signs at Chandler Boulevard and 50th Street is promoting Indigo, Ahwatukee Foothills’ newest condominium community.
The 108-unit complex under construction just south of 50th Street and Frye Road is tucked into 9½ acres ringed by Horizon Learning Center to the south, St. Benedict Catholic Church and St. John Bosco school to the west [...]

Thursday, August 23rd, 2007 In Condo, Real Estate Tags: , , , ,

49th-floor Midtown condo offers panoramic views

High above the fray, Jan Rattia strolls onto his 49th-floor terrace and checks the Ga. 400 traffic. He takes a glimpse of the Connector. Then he pauses to take in the skyline.
Afterward he can fix coffee in the morning kitchen and commute downstairs to the lobby of the Four Seasons Hotel for a business meeting.
Such [...]

Thursday, August 23rd, 2007 In Condo, Real Estate Tags: , , , , , , , , , ,

Building begins on Belfast 5-star hotel

Construction of the £20 million Fitzwilliam Hotel in Belfast got under way today.
The hotel is sited in Great Victoria Street, next door to the historic Grand Opera House, and is the latest in a string being built to meet demand from visitors to what the Lonely Planet guide calls “a must-see city”.
Planned as a five-star [...]

Tuesday, August 21st, 2007 In Hotel, Real Estate Tags: , , , , , , , ,

Helmsley, 87, queen of hotel empire

Leona Helmsley, the self-styled hotel queen, whose prison term for income tax evasion and fraud was greeted with uncommon approval by a public who regarded her as a 1980s symbol of arrogance and greed, died Monday at her summer home in Greenwich, Conn. She was 87.
The cause of death was heart failure, said her [...]

Tuesday, August 21st, 2007 In Hotel Tags: , , , , , , , , , , , , , , , , , ,

Construction costs, stricter lending rules blamed; some projects sold, others are redesigned

The ugly side of San Diego’s condominium downturn is on display along Fifth Avenue.
The bones of what was supposed to be Atmosphere, nearly 80 “luxury live/work units for a life well-designed,” sit open to public view. Naked steel rods and yawning holes are in the earth. The wood and chain-link fence around the site [...]

Tuesday, August 21st, 2007 In Hotel, Real Estate Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Mexico Beach, condo developer yet to settle

More than a month ago, Mexico Beach cut developers of Surfside condominium a $9,594 check for impact fees the city should not have charged them.
When the City Council approved sending the payment to Surfside Mexico Beach LLC last month, City Administrator Chris Hubbard said, “If they cash it, they’ve effectively accepted our offer to settle.”
The [...]

Tuesday, August 21st, 2007 In Condo, Real Estate Tags: , , , , , , ,

Toddglen’s Chateau Royal condo project glides along smoothly

A worker smooths some concrete at the Chateau Royal condominium project at 650 Mt. Pleasant Road in Toronto. General contractor Toddglen Chateau Limited began the eight-storey, 97-unit project in January 2006 and completion has been scheduled for November. There will also be three levels of underground parking and retail on the ground floor.
The [...]

Tuesday, August 21st, 2007 In Condo, Real Estate Tags: , , , ,

SunCity to launch RM1.5b condo project in India

PROPERTY developer Sunway City Bhd (SunCity) is ready to launch its RM1.5 billion high-end condominium project in Andra Pradesh, India, by the middle of next year.
The Sunway Opus Grand Residency project is a 3,400-unit condominium development located close to Hitec City IT Park, considered the second Silicon Valley of India.
This will enable SunCity to tap [...]

Tuesday, August 21st, 2007 In Condo, Real Estate Tags: , , , , , , , , , , , , , ,

Home Sales, Condo Prices in Massachusetts Rise in July; Single-Family Home Prices, Condo Sales Still Down, According to The Warren Group

Single-family home sales rose slightly in July, marking the second time this year that monthly sales have risen. Year-to-date sales and median prices, however, are still down, according to a report released today by The Warren Group, publisher of Banker & Tradesman.
Sales rose 1.5 percent from 5,151 in July 2006 to 5,229 this year. Single-family [...]

Tuesday, August 21st, 2007 In Condo, Real Estate Tags: , , , , , , , , , , , ,

Most Expensive Condo in Denver

A real-estate deal in Denver goes into the history books. An anonymous buyer spent $10 million on the penthouse condo that will be built on top of the new Four Seasons Hotel at 14th and Arapahoe.
According to the Four Seasons that is the most expensive condo ever bought in the Denver area. [...]

Tuesday, August 21st, 2007 In Condo, Real Estate Tags: , , , , , , , , ,

Interstate to Manage First EuroSuites Condo-Hotel in Miami

Interstate Hotels & Resorts (NYSE: IHR), one of the nation’s largest independent hotel management companies, today announced that it has been selected to manage the EuroSuites luxury condo-hotel in the Doral area of Miami, Florida. The nearly completed 368-suite property is being developed by Concalpro Group Corporation and asset managed by EuroSuites Hospitality Group, both [...]

Tuesday, August 21st, 2007 In Condo, Hotel Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,