Real Estate Blog
NFTA seeks proposals for historic DL&W Terminal
The Niagara Frontier Transportation Authority has taken the first step toward the oft-discussed redevelopment of the historic DL&W Terminal, the Buffalo River landmark that could serve as a bridge linking Canalside with the city’s Cobblestone District.
The NFTA late Tuesday issued requests for proposals to the development community, with bids due back by Feb. 19. A developer could be selected by late spring.
Developing the former train terminal located just behind KeyBank Center has been pushed…
Upstream energy co. inks lease in former CB&I HQ in The Woodlands
The Howard Hughes Corp. (NYSE: HHC) has found a tenant for the former CB&I headquarters that it acquired earlier this year.
Arena Energy signed an 87,231-square-foot lease in Building 1 of the campus, now called Lake Front North, according to a Howard Hughes Corp. press release. The oil and gas producer, which focuses on lower-risk drilling opportunities on the Gulf of Mexico shelf, has been based in The Woodlands since it formed in 1999. Its current headquarters is at 4200 Research Forest Drive.
Arena…
WeWork leases all of new office building on Capitol Hill
The type of space WeWork is leasing for its first Capitol Hill location suggests it could also become the site of WeWork's first Seattle retail store.
Target leases large distribution warehouse in Hawaii
Target (NYSE: TGT) signed a 10-year lease for the 124,450-square-foot warehouse last month.
Chemonics, EAB Global score tax breaks from D.C. Council
The D.C. Council on Tuesday approved a $5.2 million property tax break for Chemonics, handing a victory to the for-profit international aid company that plans to consolidate its headquarters in a new office building at The Yards.
The Local Jobs and Tax Incentive Amendment Act of 2018, approved 10-3, also gives EAB Global Inc., a educational spinoff of The Advisory Board Co., a 10-year real property tax abatement of $2.1 million annually beginning in fiscal 2021. That equates to $21 million.
The…
FC Cincinnati breaks ground on $250M stadium: PHOTOS
Ground has finally been broken – at least in a ceremonial sense – on FC Cincinnati’s $250 million soccer stadium in the West End.
The team poised to move up to Major League Soccer as an expansion franchise next season held the groundbreaking ceremony on Tuesday afternoon with several hundred fans in attendance and a host of dignitaries on the stage, including MLS commissioner Don Garber.
“This is the realization of a very big dream,” FC Cincinnati president and general manager Jeff Berding…
Developers set to proceed with Tempe mixed-use project on former Monti’s site
The project will include a 15-story office tower and either a residential or hotel development.
Kolter moves forward with 21-story Bayshore condo tower (New rendering)
The 21-story condo tower a South Florida developer proposed on Bayshore Boulevard is moving forward as Hyde Park House.
Kolter Group, based in West Palm Beach, has filed a site plan for the project with the city and anticipates a decision on the proposal from the Architectural Review Commission in early February, said Truett Gardner, a partner in law firm Gardner Brewer Martinez-Monfort who represents Kolter.
The tower will include 70 units, Gardner said, though the current zoning on the site allows…
SABOR admits to nearly $1M accounting error
Allegations of a financial oversight at SABOR were first brought to light in a letter written by ousted CEO Shane Johnson to the organization's board of directors.
Houston developer planning new 800-acre residential community in Katy
Homes will be zoned to Katy Independent School District schools.