Real Estate Blog
Will AI take our jobs? Is downtown Austin’s real estate cycle over? ABJ editors discuss
The role next-generation artificial intelligence will play in the future of technology and the impact of banking sector instability on real estate are some of the biggest topics of discussion in the Austin Business Journal newsroom these days. Get the latest in our new ATX Ahead podcast episode.
SomeraRoad seeks city funds to demolish abandoned Weld Wheel building in West Bottoms
SomeraRoad Inc. looks to start tearing down the long-vacant Weld Wheel building this summer, ahead of plans to build a new 280-apartment community in its place. Kansas City could chip in $2.6 million to help the New York developer with its upcoming demolition.
South City housing development’s fourth phase completed; more phases ahead
Birmingham, Alabama-based Capstone Building Corp. recently completed the fourth of six phases of the nearly $200 million South City housing development.
Monroe to consider incentives, land sale for new operation by Spanish manufacturer
The company behind Project Aero is considering Monroe for a new manufacturing and distribution operation that would create 100 jobs, documents state.
Industrial buildings proposed to replace former Malteurop plant in West Milwaukee
A local developer team is seeking $4 million in financial support from the village of West Milwaukee to demolish the shuttered Malteurop plant and build two large industrial facilities.
Travel & Leisure Co. files plans for new hotel, timeshare resort near Disney
The project would be the latest to rise within the Bonnet Creek Resort PD.
Downtown’s Lloyd Library eyeing major renovation, expansion project
The Lloyd Library, located at 917 Plum St., is eyeing a renovation and expansion of its 51-year-old building. When complete, the project would increase the library’s size by about 26%.
Venetian Isles waterfront home sells for $5.3 million
A waterfront home in Venetian Isles in St. Petersburg has sold for $5.3 million.
The just over 5,000-square-foot home sits on a 0.25-acre lot on a cul-de-sac located at 1915 Carolina Ave. NE. The home was built in 2021. The sale closed on April 4, according to a deed filed in Pinellas County. The sale price breaks down to approximately $1,054 a square foot.
St. Petersburg-based broker associate Carol Fasick-Joyce and real estate consultant Alexis Logan of The Dynasty Group at Coldwell Banker Realty…
Cincinnati Port faces hurdles in selling its massive $15M housing portfolio; here’s what officials are doing
Despite finding major problems in dozens of single-family homes it acquired last year, the Port of Greater Cincinnati still hopes to eventually sell many of them to first-time homebuyers to help them to begin to build generational wealth.
Investors to consider adding apartments and retail to Office Depot complex, broker says
Banks prefer to finance office projects with a residential component.