This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Another mixed-use development in Shanghai from Foster + Partners , the Sanlin Riverside development, has been added to the pipeline after breaking ground recently.
The early stages of the $500bn planned city will be financed by money raised from local lenders, according to sources familiar with the matter who spoke to Bloomberg. Another $800 million was secured recently towards the development of Sindalah , which is set to be the project’s first portion to open next year.
A key state oversight body approved the financing plan to redevelop Penn Station and its surrounding neighborhood Wednesday, greenlighting one of Gov. Additionally, a part of the financing plan includes charging the developers of the 10 skyscrapers planned for the site a fee instead of collecting city real estate taxes.
Courtesy of Foster + Partners Foster + Partners has unveiled plans for the Changfeng mixed-use development in Shanghai , China. Designed as a component of the Shanghai Science and Technology Finance cluster in Putuo District, the project is part of the broader Shanghai 2035 Masterplan.
Unlike market-rate apartment developers, those building multifamily projects financed by subsidies and tax credits do not have the ability to simply pass on those higher insurance costs to tenants, since they are limited by government guidelines as to how much rent they can collect.
The best new developments in North America as selected by the 2024 ULI Americas Awards for Excellence have been announced by the Urban Land Institute (ULI) in continuation of a tradition that dates to 1979. Over the years, the winners have touched on a host of other contemporary issues. The winners wi.
The country’s Finance Minister Nirmala Sitharaman said the package includes $2.68 Prime Minister Modi has said very publicly that he feels it is his responsibility to make infrastructure development a top priority for the world’s second-most populous country.
A new mixed-use design from Foster + Partners has been revealed for Shanghai’s Science and Technology Finance hub as part of the larger Shanghai 2035 master plan.
The MIT Master of Science in Real Estate Development (MSRED) offers an unparalleled education in real estate practice. Students listen during presentation at developer office in downtown Boston, October 2022. This post is brought to you by MIT Center for Real Estate. Image courtesy of MIT CRE.
A New York developer has scored a $92 million loan to finish a project which is billed as the largest speculative office building in Brooklyn’s Midwood neighborhood. The development is approximately 35 percent underway, with completion expected in October 2023.
In Building Decarbonization 101: The Technology, Data, Operations, and Finances of Net Zero Development , participants will dig into groundbreaking buildings worldwide, hear from a global group of experts, and emerge with holistic strategies to apply to their projects. Winthrop Center. Image courtesy Harvard GSD Executive Education.
Image: Sheikh Mohammed bin Rashid Al Maktoum via X Sheikh Mohammed also said there is a plan for a one-million-person satellite city to be developed alongside the new terminal, joined by a logistics hub for international carriers. Finance reported the vision will be realized "within ten years."
Construction is underway , and planners expect to have the first operable line readied between 2030 and 2033 after years of financing issues and a recent multibillion-dollar boost from the federal government.
In the context of architecture and urban development, PPPs are increasingly being used to address the complex needs of growing cities, helping to finance, build, and maintain critical projects that would be difficult for either sector to accomplish alone. But what exactly are PPPs, and how do they function in the built environment?
Oklahoma City could soon be home to the country’s second-tallest structure if plans for a new 1,750-foot skyscraper designed by the California practice Architects Orange (AO) are approved along with a larger $1 billion entertainment district proposal from developer Scot Matteson. Image render courtesy AO. "We
News The Oklahoma City Council approved a request for unlimited building height by the development team behind the proposed 1,907-foot-tall Legends Tower. But to get financing.the developer decided to hype up the project.for maximum PR. The trick to getting financing is to convince skeptical FOMO investors ".
This news follows the announcement of the terminal’s financing and approval in November 2022. The new terminal will be developed in two phases, with the first new gates opening in 2026 and construction set to complete in 2028.
In December, developers closed on $30.3 million in financing for the first phase of Arverne East, a master-planned community and revitalization project within a 116-acre oceanfront site in the Arverne and Edgemere neighborhoods in Queens’ Rockaway Peninsula.
The news came last week (April 17th) after UK Housing and Communities Secretary Michael Gove remanded an Article 31 order calling on the local committee to pause its process in light of pushbacks against the planned demolition of the existing Bastion House and the former Museum of London that is an integral part of the scheme.
” It comes as Europe is miles ahead of North America (Asia-Pacific, Australia, and New Zealand) in developing mainstream mass timber systems. Product standardisation—or the lack thereof—is a major obstacle to mass timber adoption, especially in the lower-rise and mid-rise “sweet spots.”
A creative financing scheme was use to enable a senior living community in the historic Italian-American neighborhood of Milwaukee to pencil out. The company’s tagline, “Enjoy life,” is evident throughout the development. Rita Square, a $28.9 Rita Square, a $28.9
Greater Bay Area Technology Finance Centre Guangzhou Building, Architect, GDD Holding Group Project Design News. Greater Bay Area Technology Finance Centre Guangzhou. Greater Bay Area Technology Finance Centre Guangzhou Building. Greater Bay Area Technology Finance Centre Guangzhou Building. 2 December 2022.
The employee in question was apparently misled into believing they were in a video conference with senior finance staffers that were in reality deepfaked impersonations. Deepfake attacks on business have been on the rise international for several months as the technological sophistication of audi-visual mimicry continues a rapid development.
The school describes: "Speakers will cover subjects including: the financing of architecture and design projects; the role of developers, clients, and unions; gentrification; the visual and material culture of money; economic histories of architecture and design, critical creative explorations of the economy."
Image credit: Qingyan Zhu for Heatherwick Studio The front of the workspace features multiple stacked cubes serving as display boxes for a collection of models from the studio’s Asian projects, including the Bund Finance Center , the Nanyang Learning Hub in Singapore, and the 1000 Trees development itself.
The grants will be disbursed through Empire State Development (ESD), the umbrella organization for New York’s two principal economic developmentfinancing entities: The New York State Urban Development Corporation and the New York Job Development Authority.
million will go to the development of affordable housing projects in the state. The program aims to facilitate public and private sector collaboration in financing eligible affordable housing projects. The developments will remain at below-market rates for a minimum of 30 years.
The Urban Investment Group within Goldman Sachs Asset Management announced that it closed a $75 million investment with the National Affordable Housing Trust (NAHT) to establish the Black Developers Initiative Affordable Housing Fund, which will finance high-quality affordable housing across the country sponsored by Black-led developers Six organizations (..)
Vornado Realty Trust, the developer hoping to remake the skyline around Pennsylvania Station with a bundle of new office towers, has put the brakes on the massive redevelopment plan for now as interest rates remain high and the real estate market struggles to recover from the pandemic.
The 25-story Casablanca Finance City Tower has become the first project to be completed in the newly-established Casablanca Finance City, a new business district being developed in Morocco's Anfa District.
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. The entire project is financed, including the tower — if the tower gets approved." Developer Bert Belander was quoted calling the project "fanciful".
The ten-year-old MLS franchise has been playing its home matches at Yankee Stadium since 2015 and will soon move into its new privately-financed 25,000-seat home that forms the centerpiece of a development that will include 2,500 units of affordable housing, a hotel, and a 650-seat public school.
The donation, whose amount has not been disclosed, will be used to support students, pay for international studies, and finance university initiatives. Today, he is the president and CEO of Northwood Ravin, a development, construction, and property management firm. The new David R.
It will serve to oversee the finance and development of the project, which aims to improve access to essential jobs, health care, education, and entertainment in the city. Video courtesy UNStudio via Vimeo.
billion New Terminal One project, New York Governor Kathy Hochul has announced the financing and approval of a new $4.2 The terminal will be developed in two phases beginning next year, with the first stage expected to open in 2026. A few months after ground was broken on the $9.5
As a pivotal project of the Sino-European "Silk Road in the Air", the center is designed as a large-scale foreign service complex to accommodate various functions, including international commerce, foreign affairs services, business finance, and cultural tourism.
Non-profit company Urban-Think Tank Empower has completed a development in the South African township of Khayelitsha, creating a triangle of terraced housing that it says provides a model for how to build in the country's informal settlements. he continued. "So So there's these social networks in place and community ties and family support."
A record-breaking supportive housing development in the overburdened Los Angeles market is one step closer to completion this week after AXIS/GFA Architecture + Design ’s new 19-story Weingart Center Tower 1 project topped out near Skid Row. Therefore the project stands as a new high.
“[It’s] small change for these people,” Kapoor (who purchased a condo in the building in 2016) said, speaking of developer Alexico Group’s private financing. It has a less-expensive twin at the MFA Houston and will get an official name later in the coming months, according to Hyperallergic.
The district is projected to include 1,200 housing units, forming with the Burnside Bridgehead development to the north a residential bookend to the otherwise non-residential Central Eastside. In the 1960s, that community was really suffering from the failure to compete with suburban development. Is that a step in the right direction?
To address this threat, city officials have instituted developer fees as a condition to build in the area to help finance a seawall and other protective infrastructure. City-owned land in Boston’s booming Seaport district is vulnerable to flooding, a condition that will only worsen with climate-induced sea-level rise.
The 180,000-sf building was financed and constructed through a public-private partnership between the School District of Philadelphia and Gilbane Development Company, which provided turnkey development for the new school.
Modulus Matrix , a six-story housing development of 85 socially rented homes in Cornell de Llobregat, Spain, designed by Barcelona firm Peris + Toral Arquitectes , took the plaudits. But the 2024 winner of the prestigious biannual RIBA International Prize is a building type rarely associated with being the bestsocial housing.
Can a developer be forced to develop a vacant lot? A lot that is only vacant because the developer decided to purchase and demolish a historic theater venue? A lot that has been sitting in the defunct status for 17 years, ever since the developer acquired it? It’s time to put up or shut up. Not these days, anyhow.
We organize all of the trending information in your field so you don't have to. Join 59,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content