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MIT’s Master of Real Estate Development Program Offers Scholarships for Students Interested in Sustainability, Finance & More

Archinect

This post is brought to you by MIT Center for Real Estate. 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. Image courtesy of MIT CRE.

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Penn Station redevelopment takes another step forward following financing approval

Archinect

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.

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A proposal for the second-tallest building in North America sneaks forward in Oklahoma City

Archinect

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

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The first phase of New York City's first net zero community has been set in motion

Archinect

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.

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Penn Station's planned redevelopment could be going nowhere for a while

Archinect

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.

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Chinese architects facing nightmare working conditions amid real-estate crisis

Deezen

Spiralling developer debt and stalling projects After a long period of booming urban development, China's property industry is in turmoil, with developers struggling under spiralling debt and construction projects grinding to a halt. Photo by Simbaxu. Photo by Chao Zhang Then, in 2021, Evergrande dropped a bombshell.

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Do You Need To Understand Architecture To Be A Real Estate Developer?

The Architecture Designs

Some people would say that you need to understand architecture to be a real estate developer, while others might argue that it’s unnecessary. The truth is that many different factors come into play when it comes to being a successful real estate developer. Understanding Real Estate.