Real Estate Blog
Fulcrum proposes housing, startup office space in Davis project
With a new mixed-use proposal for Research Technology Park, development firm Fulcrum is aiming at two missing pieces of Davis’ economic development picture.
‘Entrepreneurial housing’ proposed to revive troubled neighborhoods
With a 54,000-unit shortage in affordable housing and prices continuously rising, Jonathan Barnes believes there’s got to be a better way.
The prominent local architect has seen significant change and growth in the region, with his Jonathan Barnes Architecture & Design helping to envision many prominent new developments. But he’s also seen the damage that can be done in neighborhoods when absentee landlords neglect maintenance and upkeep.
His solution: build a new kind of housing. Specifically,…
Here’s why M/I thinks Columbus is ready for denser housing plans
Two new Columbus developments will have some of the densest housing yet seen in Franklin County.
Photos: Region’s largest senior community adds new types of housing in $73M expansion
Friendship Village of Dublin has wrapped up the first phase of a $73 million expansion of its campus on Riverside Drive, where Central Ohio’s largest senior living community is adapting to the modern trends for a wider variety of housing options and levels of service.
The expansion, announced in 2015, is adding 28 high-end independent flats of 1,514 to 1,633 square feet, as well 51 apartments with units in the range of 1,200 to 1,500 square feet. Once complete it will grow the community to 308…
Voters asked to give 1978’s Proposition 13 an update
If Proposition 5 passes this November, state homeowners 55 years or older or with severe disabilities could sell their home and buy another in California and keep nearly the same property tax rate.
Homearama builder envisions $200M development north of Cincinnati
A new $200 million mixed-used development is set to bring restaurants, office space and hundreds of apartments to the northwest corner of Liberty Way and Butler Warren Road in Liberty and West Chester townships in Butler County, the Journal-News reports.
The bulk of Village North – 34.6 acres – sits in Liberty Township, with the remaining 13.6 acres in West Chester Township. Liberty Township’s zoning commission earlier voted to recommend denial for the rezoning, citing issues with density…
Transaction Action: Salon, law firm sign leases; 66K-sq-ft building sells
In this edition of Transaction Action, WingStop, HopDoddy, Salon Plaza and a law firm sign new leases, while a 66,000-square-foot building sells at Brass Professional Center.
Beachfront hotel in Delray Beach sells for $25M
The Wright by the Sea hotel along the ocean in Delray Beach sold for $25 million, or $862,069 per room.
Wright Southern Inc., managed by Dorothea G. Vela, sold the 29-room hotel at 1901 S. Ocean Blvd. and 0.57 acres of vacant land at 1060 Del Harbor Drive to Wright by the Sea 1901 LLC, an affiliate of New Jersey-based National Realty Investment Advisors. The buyer received a $22 million mortgage from affiliates of New York-based Ares Commercial Real Estate Management.
The 17,952-square-foot hotel…
Topgolf asks city to waive lighting requirement for Oxmoor Center complex
Dallas-based Topgolf International Inc. is asking Louisville Metro Government to waive a lighting requirement outlined in the city’s land-development code that requires certain lighting fixtures be fully shielded to prevent spillover glare.
Topgolf filed the application for the lighting waiver Thursday evening, saying it has been unable to locate a light fixture that is fully shielded but still bright enough to illuminate the golf entertainment complex's field.
“City code requires all light…
Bombardier to open new South Florida facility with 300 employees
Aerospace giant Bombardier will open a new facility at Miami-Opa Locka Executive Airport that will eventually host 300 jobs
The company announced that it would build a nearly 300,000-square-foot facility for a service center and mobile response team, which responds to the needs of jet operators around the world. As first reported by the Business Journal in February, Bombardier will move its Learjet service center from Fort Lauderdale-Hollywood International Airport (FLL) to Opa-Locka. The new facility…