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Full funding secured for US tallest skyscraper says developer

Deezen

Funding has been secured and construction may begin in September on the Legends Tower in Oklahoma City, which is planned to be the tallest in USA , says developer Scot Matteson. Construction may begin in early autumn Matteson said that preparations on the site could begin as early as June. "We

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Some Good News? More Rentals Are Now Vacant Nationwide

Dwell

In the rental sphere, vacancy rates are up nationwide—a good sign that new multifamily construction is bringing some relief to tight markets. In contrast, in Austin, Texas, he says, there were 14,000 multifamily permits issued in 2019, which nearly doubled to almost 26,000 in 2021. percent year-over-year decline."

Finances 121
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Updated ADU Laws: SB 897 and HCD’s ADU Handbook

Santa Cruz Architect

Just recently, Freddie Mac updated their ADU financing options and CalHFA extended their ADU Grant Program to help even more homeowners build backyard homes. While the Senate voted to pass the law, it will need to be re-reviewed by the Committee on Governance and Finance before it can be passed into law. Concurrent Permit Review.

Permits 96
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Saudi Arabia’s The Line Megadevelopment Gets A Lot Shorter

Dwell

Still, Saudi finance minister Mohammed Al Jadaan said in December that extending the project timeline, "will serve the economy," as new factories must be built and "sufficient human resources" found, reads Bloomberg. The Line, however long it will be at the 2030 goalpost, is currently under construction.

Finances 116
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Los Angeles Is Giving Away Plans for a Pre-Approved ADU

Dwell

Rendering courtesy of Lehrer Architects and Kadre Architects The city partnered with smaller architecture firms to design plans for ADUs —emphasizing good design and affordability—that would be pre-approved for permitting ease. You can’t just download it, pay the fee, and get a permit.

Permits 97
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Elon Musk proposes Tesla tunnel in Miami to "solve traffic and be an example to the world"

Deezen

Elon Musk 's infrastructure firm The Boring Company has submitted plans to construct the North Miami Beach Loop tunnel in Miami , which would shuttle people in a dedicated fleet of Tesla cars from the north of the city to the beach. Boring Company looking for public funding to finance tunnel. billion and $8.5 billion respectively.

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The impact of office-to-residential conversion on downtown areas

BD+C

Duanne Render MFPRO+ Blog High-rise Construction Mixed-Use Apartments Office Buildings Designers Architects Reconstruction & Renovation Urban Planning “The pandemic is behind us.” Further financial assistance may be available through Tax Increment Finance for projects that meet specific criteria such as a minimum of 30% affordable housing.