Real Estate Blog

When Champion Paper Mill closed down in 2012, the entire Hamilton community was shaken.

Paper manufacturing was a bedrock of the local economy for well over 150 years, and Champion Mill itself had been operating just across the river from downtown Hamilton since 1893. At its height during World War II, the paper mill employed over 4,000 men and women, and was a significant driver of Hamilton’s growth throughout the twentieth century.

On Oct. 13, 2011, the paper mill announced it was closing.…

An Indianapolis developer plans to build a $75 million, 344-unit apartment building near the Ohio River downtown, along with a 390-space garage.

The hotel will be built in what is now a large hole behind fencing at 705 Broadway near historic Quackenbush Square, just off the Clinton Street exit of Interstate 787.

D.C.-area developer Daniel Karchem, best known for projects including Gallup's worldwide headquarters and the House of Sweden, died Thursday at his home in Chevy Chase after a prolonged battle with cancer. He was 64 and is survived by his wife, Francine Raizes, and sons AC Raizes Karchem and Ruben Raizes Karchem.

The Hollywood, California, native earned honors and recognition for tackling complex projects such as St. Matthew's Court on Rhode Island Avenue NW, which combined early 1900s rowhouses…

The Baker Hotel and Spa — a 90-year-old historic structure in Mineral Wells — has been purchase by Dallas- and Austin-area businessmen with plans for a three-year, $65 million renovation of the property, according to a news release.

The seven owners and developers plan to restore the 14-story hotel and reopen the property as a luxury resort in 2022, the release said.

The Bake opened in the midst of the Great Depression and cost $1.2 million to build in 1929.

It has been vacant and deteriorating…

Louis O. Guido Construction was established in 1927 by Louis Guido, an Italian immigrant and master carpenter who came to America as a young man. He worked in Pennsylvania on the railroads, earned U.S. citizenship by serving in the military and came to San Antonio via Muncie, Arkansas. At the time he started his company, Guido's main form of transportation was a bicycle.

Louis O. Guido Construction started building homes, then commercial buildings and later schools before adding landmarks such as…

With $1,000, John Yantis started a construction company in 1965, mainly as a utility contractor involved in building civil infrastructure across San Antonio, South Texas and the Austin area.

Today, Yantis Co. is a full-service civil construction company and a household word for companies such as Pape-Dawson Engineers Inc. and private developers such as the legendary Marty Wender. Yantis worked on building Six Flags Fiesta Texas and most of Wender’s Westover Hills development.

“We build streets,…

Six local developers spoke highly of Baltimore's potential and growing job market — even while acknowledging the significant challenges the city is facing.

Michelle and Jay Macklin, co-owners of Platinum Living Realty, refurbished their $1.4 million, two-story home in Silverleaf at DC Ranch into their exclusive, comfy getaway. Check out a Business Journal video of the Macklins inside the home, along with a gallery of photos.

Seacaucus, NJ-based Rugby Realty Co. Inc. will never again produce a ground-up development project in the city of Pittsburgh, at least according to Principal and COO Larry Walsh.

He cited the obstacles developers face during such projects, placing emphasis on how special interest groups have voiced opposition to many of the developer's plans during a panel discussion at the monthly NAIOP Commercial Real Estate Development Association's chapter meeting on Thursday at the Omni William Penn Hotel…