With no project in sight, city wants downtown building ‘sealed’
There are no plans for an imminent development at 1116 Ninth St. in downtown Sacramento. But the city is pushing for some activity there sooner rather than later.
Goldman Sachs cites 26 percent surge in Q1 profits
When Congress approved a sweeping U.S. tax rewrite last year, many lawmakers noted just how beneficial the new legislation would be to major corporations like Goldman Sachs.
While the New York banking giant deducted billions from its fourth-quarter earnings report due to one particular provision in the new tax overhaul, it was able to enjoy an earnings boost during this most recent quarter.
Goldman Sachs (NYSE: GS) is reporting that its first quarter profits rose by 26 percent. This was made possible…
These Houston neighborhoods created the most wealth for owners
No surprise here: Investing in land in Houston has been a great way to store wealth, but some neighborhoods were better ventures than others.
Paige Martin, a local broker associate with Keller Williams Memorial, gathered data from the Houston Association of Realtors’ Multiple Listing Service for the median price per square foot of land from 2008 to 2017 and found that two neighborhoods experienced triple-digit increases in land appreciation. Cottage Grove land prices rose 108 percent from $25…
LKN estate of late NFL great Reggie White still available after bids fall short (PHOTOS)
The recent process to auction off late NFL Hall of Famer Reggie White's estate at Lake Norman has failed to secure a sale.
Designed by White and wife Sara, the three-story luxury home on Connor Quay Court in Cornelius went up for auction in mid-March but did not garner a high enough bid to trade hands — despite “unprecedented interest” in the home, according to a statement from Charlotte-based online luxury real estate marketplace Interluxe, which represented the listing in developing a marketing…
Bham homebuilder to launch new development community
One of Birmingham's largest homebuilders is launching a new development community with a new model house off U.S. 280.
Newcastle Homes will host a model home grand opening at Griffin Park at Eagle Point April 19. The new subdivision is located at the former Eagle Point Golf Club site in Eagle Point.
There are 30 homesites available in the first phase of the project. An additional 93 sites in will become available over two phases in the future.
Griffin Park at Eagle Point is located at 132 Griffin…
Wildlight development is getting a First Federal Bank of Florida
The master-planned development near Yulee in Nassau County is adding a bank to its list of community necessities that will be built in the next few years.
First Federal Bank of Florida will construct a 2,000-square-foot full-service branch location in Wildlight, real estate company Rayonier Inc. announced Monday.
The building’s design will meet Wildlight’s architectural guidelines and is planned to be completed in early 2019. It will be First Federal’s fourth location in Nassau County, as…
St. Louis Board of Aldermen remove vacant home exemption
The St. Louis Board of Aldermen voted Monday to remove an exemption that allowed some property owners to get out of paying fines for their vacant real estate.
After throwing out the McKee Exemption, now all vacant homeowners will be fined $200 twice a year. The additional funds will help the city address vacancy issues and prompt homeowners to make changes to their property, according to KSDK.
“What that does is really level the playing field and make the way that we apply our vacant building ordinance…
Penthouse unit at Northwestern Mutual’s 7Seventy7 high-rise will rent for $7,980 a month
For $7,980 per month, you can rent one of two top-floor penthouse units inside the new 7Seventy7 luxury high-rise in downtown Milwaukee.
Bozzuto Management, a Maryland-based company that's managing 7Seventy7, which is being developed by Northwestern Mutual at 777 N. Van Buren St., recently unveiled prices for available units in a soft opening of online leasing for the 300-plus unit building. The floor plans, renderings, rents and online applications will be completely live on Bozzuto's website…
Towson University starts work on $184M science building
Construction of Towson University's new $184 million science complex will get underway Tuesday with a groundbreaking ceremony celebrating what will be the largest academic building on the school's campus.
The building will span 316,000 square feet and include 50 teaching laboratories, 30 research laboratories, 50 classrooms, 10 collaborative student spaces, eight lecture halls and an outdoor classroom. It is expected to open along York Road, just south of the university's iconic Stephens Hall building,…
CannonDesign adds another Denver architectural firm
Global design firm CannonDesign announced today that it is adding a third Denver architectural and planning firm to its Denver operations.
gkkworks, whose architects which worked on The Denver Central Library, the Hyatt Regency Denver at The Colorado Convention Center, the Halcyon Hotel in Cherry Creek, and the CU Boulder Sustainability, Energy & Environment Complex is joining CannonDesign, the company announced Tuesday.
Together with its merger of Bennett Wagner Grody Architects last November,…