Real Estate Blog
Citing potential slowdown, fast-growing homebuilder sold to Houston co. for $80M
A rapidly growing homebuilder has sold nearly all of its assets to a national company in a move the owner says was fueled by the growing difficulty of building in North Carolina's Research Triangle.
Legoland Florida files plans for new 150-room hotel
The Lego lovers' paradise is adding another hotel at the Legoland Florida Resort.
Harris Civil Engineers is proposing to build a new five-story, 150-room hotel in addition to an existing hotel at the Legoland Florida Resort.
Plans for the Winter Haven-based theme park to have another hotel — referred to as Hotel 2 — appeared in Southwest Florida Water Management District permits, where the engineers are seeking approval for an environmental resource permit and wrote:
Plans for the…
21-story condo tower proposed on controversial Bayshore Boulevard property
A Bayshore Boulevard property that was mired in a yearslong controversy over a previous development proposal is once again being targeted for a luxury condominium tower.
Kolter Group, based in West Palm Beach, has filed preliminary plans with the city of Tampa for a 21-story at Bayshore Boulevard and South DeSoto Avenue.
Under the property's current zoning, up to 90 units are allowed, said Brian Van Slyke, one of Kolter's development executives. But it's unlikely Kolter would build more than 60…
This new Peninsula hotel cements Hilton’s push into modular construction
The second-largest hotel chain in the world is using the Bay Area as ground zero for its experiments with modular construction — a method that cuts building times by up to a third.
California investors buy Mesa office complex for $15.6 million
The complex is nearly 95 percent occupied.
First look: New downtown Portland coffee, banking spot preps for opening
Downtown visitors and regulars who've been wondering what the inside of the new Capital One Cafe at the corner of Southwest Morrison Street and Broadway is going to look like will have to wait just a little longer.
The cafe, which will be open to Capital One (NYSE: COF) customers and non-customers alike, is scheduled to open sometime in late August. It's been under construction in the prime retail spot formerly occupied by Abercrombie & Fitch for about a year.
When it does open, the cafe will…
SA ranks as second-best market for millennial money in U.S.
A study compared 47 major U.S. metros for metrics such as average household income, cost of living and average income among millennials.
Cool Offices: Boston Consulting Group’s downtown office
The Boston Consulting Group's new downtown Minneapolis office uses natural materials like wood and moss to impart an up-north feel while staying true to the refined theme of the global company. It also more than doubles the space of the firm's local operations, with plans for future growth in mind.
“We wanted to reflect Minneapolis and Minnesota within the Boston Consulting Group's culture,” said Carrie Ellis, business services manager of the Minneapolis office of BCG. “That whole feeling of embracing…
North End Revitalization Task Force focused on corridor along Roswell Road
“While we have a very healthy office environment with low vacancy rates and lots of quality companies, the basic problem we’re facing is that the cost of red clay in Sandy Springs has risen higher than the value of Dahlonega gold.”
North Phoenix hotel included in multiple property sale to New York buyer
The Phoenix-area property reports occupancy rates in the 80 percent range.