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... 

Irvine Company Celebrates Grand Opening of “2010 New Home Collection”

The Irvine Company today invited the public to the Saturday, Jan. 30 and Sunday, Jan. 31 grand opening of its 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 Woodbury and Woodbury East – two of the Irvine Company’s acclaimed Villages of Irvine – The 2010 New Home Collection reflects... 

Sentry Center Mid-Town East at 730 Third Avenue

Sentry Centers, LLC, a national provider of non-residential conference and executive center services in urban cores, today announced Sentry Centers Mid-Town East, a new executive conference and meeting facility located at 730 Third Avenue between 45th and 46th Street. Occupying three full floors, the new facility is positioned as Manhattan’s first purpose built “business class” conference and event facility. The vision for Sentry Centers became... 

255 East 74th Street Reaches 85 Percent Closed

Given the strong demand for the homes that have been made available at 255 East 74th Street thus far, The World-Wide Group, today announced that its most exclusive residence, a $14.27 million, 5,980-square-foot, five bedroom home on the property’s 29th floor, is now available for sale. This full floor tower residence offers a buyer the utmost in privacy and luxury. Exemplifying urban sophistication, this home features outstanding views, a 39-... 

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... 

Homex Announces 2009 Revenue Guidance Above the Industry’s Expected Average Growth Rate

Desarrolladora Homex, S.A.B. de C.V. announced its guidance for 2009. The Company expects to perform favorably in the year ahead with revenue growth in the range of 8 to 10 percent and EBITDA(1) margin in the range of 23.0 percent to 24.0 percent bolstered by continuing demand for affordable entry-level homes and the favorable mortgage conditions to finance them under federal housing programs. During 2009, Homex expects challenging macroeconomic conditions...