Mixed-use
Waterfront Toronto Selects Development Partners for West Don Lands
May 09, 2008
Waterfront Toronto, a entity set up by the Canadian federal government and the governments of Ontario and Toronto, has selected development partners for the first phase of West Don Lands, a mixed-use project that is in turn part of a much larger, decades-long redevelopment of 2,000 industrial or formerly industrial acres along Lake Ontario near Downtown Toronto.
Environmentalists OK Conservation Deal for California Development
May 08, 2008
After years of legal battles and negotiations, several major environmental groups and the Tejon Ranch Co. today announced they have reached an agreement that would preserve 90 percent of the 270,000-acre Tejon Ranch in California and enable development of a master-planned community, resort and industrial complex to continue.
35 Condos at Phoenix-Area Trammell Crow Project to Hit the Auction Block
May 08, 2008
It was only in 2006 that Trammell Crow Residential opened the sales center for the 171 luxury condominiums at The Quarter in Glendale's $1.5 billion mixed-use Westgate City Center, but just two years later, the company has decided to go with the flow of the housing downturn and auction off the remaining 35 units.
Vista Picks JLL To Rep Mixed-Use in Houston
May 07, 2008
Houston-based Vista Equities Group has selected Jones Lang LaSalle Retail to represent its $150 million Main Street-styled mixed-used development, LaCenterra at Cinco Ranch.
Hill, Egyptian Developer Forge JV
May 05, 2008
Construction management company Hill International and the Talaat Moustafa Group Holding Co. (TMG), one of Egypt’s leading residential and hotel developers, have agreed to form a joint venture “that will provide project and construction management services exclusively on TMG projects throughout Egypt and elsewhere in the world,” according to a prepared statement.
RIDA Development Buys Orlando Site
May 05, 2008
RIDA Development Corp. has acquired the 5.62-acre downtown Plaza site at 400 N. Orange Avenue, a city block bordered by Orange Avenue, Amelia Street, Livingston Street and the Linx bus station at the I-4 Amelia St. Exit in Orlando, Fla.
OliverMcMillan to Turn Former Everett Landfill into Mixed-Use Development
May 02, 2008
OliverMcMillan, a privately held San Diego–based developer, has purchased a mostly vacant 140-acre site from the City of Everett, Wash., for redevelopment as a mixed-use project. The price for the land alone was $8 million, according to a spokesperson for the city. Pre-development costs are estimated at $50 million, and an additional $400 million in development costs is projected.
Dallas Firm Breaks Ground on Two Suburban Hotels
May 02, 2008
In an area sorely lacking a select service hotel with meeting space, Dallas-based Jackson-Shaw broke ground on two Marriott hotels and announced the completion of the first phase of The Cascades at The Colony, a 100-acre master-planned community located along the State Highway 121 corridor in the Dallas suburb of The Colony.
Madison Capital, PREI Team for $1B Urban Investment Plan
May 02, 2008
As many investors hesitate to buy assets, even in New York City, Madison Capital and Prudential Investors have their eyes on the prize. The firms are joining forces to acquire up to $1 billion in retail and mixed-use properties, the partners disclosed earlier this week.
Judge's Ruling Clears Hurdle for $1B Mixed-Use Project in San Diego
May 01, 2008
The development of the 3 million-square-foot Navy Broadway Complex in San Diego will not be stopped by the California Coastal Commission now that a U.S. District Court has ruled that the state entity does not have the standing to require developer Manchester Pacific Gateway L.L.C. to secure a Coastal Development Permit for the $1 billion project.
$60B Community Breaks Ground in Ajman, UAE
May 01, 2008
Following the lead taken by some of its larger neighbors, Ajman, the smallest in size of the seven federated states making up the United Arab Emirates, has broken ground on Al Zorah, a $59 billion master-planned “sustainable residential, business and leisure community,” according to a Reuters news report.
Learn About Shopping Center Investment News
The commercial real estate industry depends upon partnerships between commercial and residential mixed-use real estate players to be successful. CPN reports on property types such as shopping center investments and how they are affected in the current commercial real estate climate. For the best in retail sector news, read Commercial Property News.
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