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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. And then we will get a building permit in September. The entire project is financed, including the tower — if the tower gets approved."

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Higher development charges, less federal money

Brandon Donnelly

Metro Vancouver, which includes the City of Vancouver and 20 other municipalities, is proposing to increase its development cost charges (DCC) : Metro Vancouver is proposing to increase DCCs by roughly $23,000 per new single-family home; $21,000 per new townhome; and $14,000 per new apartment. This makes some sense.

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Schematic Design - Developing a Project Budget

Matt Fajkus Architecture

When starting a remodel or new construction project, an important early step is developing your budget to set realistic expectations and avoid surprises midway through the design process. We recommend that a general contractor be engaged for pre-construction services at the end of schematic design to develop a hard cost budget.

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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. Now, there are two more news items to add to the list of developments. Concurrent Permit Review. Retroactive Permitting. New ADU Law: California’s SB 897.

Permits 96
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Some Good News? More Rentals Are Now Vacant Nationwide

Dwell

Hermann adds that high demand yields tight rental markets but notes that between 2019 and 2023, there wasn’t a "sizable increase" in the number of multifamily building permits in the metro area (which Hermann says ranges between 40,000 and 60,000). percent year-over-year decline." Banks can look around and see what’s happening."

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AB 1033 Will Allow Condoization of ADUs

Santa Cruz Architect

Currently, California properties having ADUs are not permitted to be condoized – AB 1003 proposes to change that. AB 1033 would also be advantageous to current homeowners who could use the sale of an ADU to help finance its construction. The ADU is thus considered a separate entity from the main home, able to be sold separately.

Permits 79
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The impact of office-to-residential conversion on downtown areas

BD+C

There’s no escaping the fact that vacant office spaces are increasingly becoming a burden for cities and developers, taking up valuable real estate but not providing the same kind of economic value. Office-to-residential incentives Many civic-minded developers see an exciting opportunity to play a role in the transformation of their cities.