Construction Resumes at 1015 Half Street in Washington D.C.’s Revitalized Riverfront Redevelopment Area

Construction of a 400,000-square-foot office building at 1015 Half St. SE resumed on Monday, April 26, according to the receiver of the property, Douglas Wilson, owner of the Douglas Wilson Companies (DWC). Currently owned by Half Street SE, LLC, construction of the building was halted when the owner’s parent company, Opus East LLC, filed for bankruptcy in mid 2009. The property is located in Southeast Washington D.C.’s burgeoning Capitol Riverfront... 

NBBJ and CCDI Break Ground on Hangzhou Sports Park

Like many cities in China, Hangzhou is undergoing rapid urban change. While the city center had historically developed around the West Lake area, opportunities for industry and commerce have shifted the city’s expansion towards the Qian Tang riverfront. New construction has tripled the city’s size in the past 10 years leaving behind a modern architectural fabric that is powerful in scale, yet still in need of public place making. NBBJ, in collaboration... 

Retiring to Cyprus and a Five-Star Welcome at Aphrodite Hills

Generous tax concessions and the five-star facilities at luxury golf spa Aphrodite Hills are making retiring to Cyprus an increasingly popular choice for overseas property buyers, report prestige property experts Savills Select Resorts. Pensions tax is just 5.0 per cent in Cyprus which has one of the most generous tax environments in Europe – an added bonus to go with its 340 days of annual sunshine and warm Mediterranean welcome. The benevolent... 

Strong Homebuyer Demand Fuels Robust Opening Sales of “The 2010 New Home Collection”

The Irvine Company announced that the grand opening of “The 2010 New Home Collection” resulted in an astounding 70 home sales — the largest number of new home sales on The Irvine Ranch since 2006. More than 10,000 visitors toured the highly anticipated 2010 New Home Collection – a series of 25 consumer-inspired floorplans by many of California’s most-respected homebuilders – located throughout eight neighborhoods in the acclaimed... 

Stone & Youngberg Underwrites Landmark $145 Million Harbor Point Financing

Stone & Youngberg, a leading financial services firm, and Building & Land Technology, a Connecticut-based developer, today announced that they have completed a $145 million financing for the Harbor Point Project in Stamford, Connecticut, a pioneering smart growth project that has been awarded a LEED-ND Gold Certification by the U.S. Green Building Council. The project is nationally significant and will create thousands of jobs and generate... 

Precast Concrete Company Announces Green River Parkway Job to be Completed February 2010

In its largest east-coast project to date Artisan Precast, one of the nation’s leaders in providing precast concrete barrier solutions, will complete the construction of a wall bordering the Green River Parkway in Stuart, Florida this February. Artisan Precast, based in Los Angeles, offers multiple field-tested products which are available nationwide. As indicated by the Florida contract, the company can provide full turnkey installation at any... 

Seattle’s Newest Hyatt Offers a Fresh Twist on Green

The highly anticipated Hyatt at Olive 8 opens its doors in the heart of Seattle’s thriving entertainment and dining district. Located at the corner of Olive and 8th, the new hotel – on track to be Seattle’s first LEED (Leadership in Energy & Environmental Design) certified hotel – is a striking addition to the city’s skyline and adds a new, more eco-friendly experience to the Pacific Northwest hospitality market. One of the first in... 

Next Century Associates Announces $2 Billion Vision for Century City

Next Century Associates, LLC, a partnership between Los Angeles based real estate investor Michael Rosenfeld and an entity in the D.E. Shaw Group, today unveiled plans for a $2 billion mixed-use project on the 5.75 acre Century Plaza hotel site. The project will feature two soaring towers rising from a grand plaza with a 240 room Five Star hotel and 163 hotel residences, 130 luxury residential condominiums, 100,000 square feet of office, 106,000 square... 

Equipment sellers in Spain, Los Angeles and Dubai benefit from global reach of Ritchie Bros.

Ritchie Bros. Auctioneers gave equipment sellers easy access to the global marketplace last week, attracting bidders from around the world to seven unreserved industrial auctions in four countries – including the largest Spain auction in Company history. The three-day auction at the Company’s Moncofa, Spain auction site generated almost (euro)30 million (US$38 million) in gross auction proceeds. Ritchie Bros. the world’s largest... 

Starwood Land Ventures Forms Joint Venture with Cold River Development Inc.

Starwood Land Ventures announces the formation of CoStar Land LLC, a joint venture partnership established to channel $75 million toward development opportunities in the 23-county Atlanta metro service area. CoStar marries the strengths of Starwood Land Ventures and Cold River Development, a holding company whose subsidiaries specialize in land development in Georgia and the Carolinas. “This is an exciting joint venture arrangement because it...