Posts Tagged ‘Office Building’

Fells condo developer may bypass permitting

Monday, March 24th, 2008

A developer who wants to build an office and condo complex within the Middlesex Fells Reservation is taking an unusual bypass around a stubborn bottleneck in the environmental review process: The Gutierrez Co. is saying it reduced the project so much to satisfy public concerns that it no longer needs state permits to build it.
more [...]

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

Tuesday, August 21st, 2007

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 [...]

Aconda hotel tenants in limbo

Sunday, August 19th, 2007

Billie Riley was homeless and living by the Guadalupe River last year before scraping up enough money with her boyfriend to move into a $575-per-month room at the Aconda Hotel.
“We came off the streets,” she said. “And it looks like that’s what we’re going back to.”
The building that houses the hotel on Santa Clara [...]

Developers push projects in New Orleans

Wednesday, May 30th, 2007

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 [...]

Sale of downtown hotel and office building complete

Sunday, May 27th, 2007

Crescent Real Estate Equities Co. has completed the sale of several properties, including two in Austin, to Walton TCC Hotel Investors V LLC as it prepares for a buyout.
Fort Worth-based Crescent [NYSE: CEI] has sold the Omni Austin Hotel and Austin Centre office building at 701 Brazos in downtown, as part of a transaction announced [...]

Trump on hand to mark completion of hotel floors

Wednesday, May 23rd, 2007

Donald Trump will be in town Thursday to mark completion of the hotel portion, up to the 29th floor, of the 92-story, $850 million Trump International Hotel & Tower overlooking the Chicago River.
The hotel is scheduled to open in December.
Trump will also be trying to generate sales of residential units in the building. Usually, [...]

Go-ahead for £110m hotel

Wednesday, May 23rd, 2007

IT will be the highest building in Southampton - rising 83m into the sky to the tip of its white spire.
The 21-storey shimmering hotel, dubbed a “gateway to the city”, is set to become its latest landmark.
It is the centrepiece of a prestigious £110m development that has been given the go ahead by the city [...]

Sales brisk for planned Lincoln Park 2520 condo development

Thursday, April 19th, 2007

After just three weeks of public marketing, 104 of the 314 units in the first large condo building planned for Lincoln Park since the 1970s are under purchase agreements with 10 percent deposits, said the developer, John T. Murphy, co-principal of Ricker-Murphy Development LLC.
Despite a slowing housing market elsewhere, the units at Lincoln Park [...]

Suisun City welcomes plans for hotel

Friday, March 9th, 2007

A major step toward the future of Suisun City was taken Tuesday when City Council gave approval to the plans for Basin Street Properties to build an upscale 102-room Hampton Inn & Suites hotel on the north end of the Waterfront District.
Pending appropriate approvals, including working out the logistics of the hotel’s main access road, [...]

Forest City Acquires Commerce Court Office Building at Pittsburgh’s Station Square

Wednesday, February 28th, 2007

Forest City Enterprises, Inc. announced the acquisition of the Commerce Court office building in Pittsburgh’s Station Square.
Commerce Court is a seven-story, 378,000-square-foot office building that includes ground-floor retail space. Forest City’s 40-acre Station Square mixed-use development features a variety of shopping, dining and entertainment venues.

The 90-year-old Crystal Bay, now the Park View, is open during renovation.

Sunday, February 25th, 2007

ST. PETERSBURG - After years of waiting, residents along the west end of Central Avenue got their wish when a developer bought the Crystal Bay Hotel.
Norman Kerr, who has rehabbed properties in South Beach, Minneapolis, Austin and Dallas, bought the 90-year-old hotel in January and has already begun a multimillion-dollar repair that will include an [...]

Condo conversion proposed for Seattle’s Smith Tower

Sunday, February 25th, 2007

SEATTLE — Citing changing times and demands by office tenants, the latest owner of the Smith Tower has proposed converting the pyramid-topped downtown landmark into condominiums.
The first documents for the complex process were filed Wednesday with the city’s Department of Planning and Development by Walton Street Capital of Chicago, which last year became the 20th [...]


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