Real Estate Blog

Construction startup Katerra Inc. this week added what it hopes will be a key piece of its plan to reinvent how housing gets built.

The Menlo Park company on Wednesday said it used some of the $1.1 billion it's raised to buy Michael Green Architecture Inc. (MGA), a Vancouver-based pioneer of tall timber construction.

This method of construction is seen as a greener way to build multistory projects from the cross-laminated timber that Katerra plans to make at a new plant in Spokane Valley, Washington.

Tall…

The Housing News Report ranks the 19 U.S. finalists for Amazon HQ2 on seven factors “impacting housing market health and quality of life for prospective homebuyers and homeowners.”

Los Altos Hills is not only the wealthiest town in California, it’s the wealthiest in the entire country, according to a new analysis of median household income.

People who live in Los Altos Hills earn a median household income of nearly $244,000 per year, according to an analysis of new U.S. Census data by the financial website 24/7 Wall Street. That’s about four times more than the statewide median household income of $64,000.

It’s no wonder why: Los Altos Hills has long been an enclave…

The campus will eventually house 100 employees.

Precourt Sports Ventures has released conceptual renderings for a potential soccer stadium at McKalla Place.

PSV wants to move the Columbus Crew SC of Major League Soccer from Ohio to Austin. The company is focusing on McKalla Place, a 24-acre city-owned tract in North Austin.

The conceptual development renderings released Thursday from Gensler, TBG and CAA ICON include a southwest aerial view, a northwest entry gate view and a view of the stadium interior.

Jonathan Emmett, principal and design…

Dallas-based Coca-Cola Southwest Beverages, a subsidiary of Mexico-based Coca-Cola bottler Arca Continental, will build a new production and distribution facility in Houston.

The facility will be nearly 1 million square feet, and the project will cost about $250 million, according to a press release. It will be the first Coca-Cola production plant built in the U.S. in 10 years, per the release. Information about the architect and general contractor were not immediately available.

The plant is…

The Two-Fifty East Wisconsin office building landed two new law firm tenants this month, including Litchfield Cavo LLP, which is moving to downtown Milwaukee from Brookfield.

Litchfield Cavo, which has its local offices in the Bishop’s Woods business park along Bluemound Road, leased 4,000 square feet at Two-Fifty, according to a Thursday announcement from the building’s owner. The firm will move in September.

Based in Chicago, Litchfield Cavo explored both the suburbs and downtown Milwaukee…

New development in Columbus this month is taking some neighborhoods to new heights.

The “Goldilocks market” in Central Ohio is bringing a lot of real estate developers and investors with deep pockets to town. Our interactive map of development around the region still shows close to 200 projects in the works across the area, combined for billions of dollars in capital investment.

While we're at it, we've included a few longer reads on local development this month: How homes are selling above appraised…

Downtown Baltimore has more apartment units underway than any other submarket in the metro area, according to data from CoStar Group.

The area, which on CoStar's map extends from the Inner Harbor up to Station North, has 1,250 units on the way. Those units make up 9.9 percent of the area's current inventory of 12,653 units.

Midtown, which encompasses a swath of West Baltimore from Lexington up to Mondawmin, is the market with the highest percentage of units under construction. A whopping 67.5…

Catch up with five new developments south of the river, from single-family homes in a community named after a hero of the Texas Revolution to residences near the Yeti Coolers HQ and the $80 million Lantana Place mixed-use park.