Hill International Receives Contract to Manage Mixed-Use Development in Trinidad

Hill International, the global leader in managing construction risk, announced today that it has received a contract from the Trinidad and Tobago Housing Development Corp. to manage design and construction of the South Quay phase of the Eastbridge mixed-use development in Port of Spain, Trinidad. The Eastbridge development will comprise over 400 residential units, retail and commercial space, and related parking. The first phase of the project, South... 

Wesco Homes & Development Is Announcing 48 Affordable New Homes in Lake Elsinore

New Homes in Lake Elsinore are being built and sold by Wesco Homes & Development, the Managing Member of Red Kite LLC. The construction phase of the models is coming to a close and the decorated and landscaped homes will be open to the public in August. Wesco believes that these homes are just what the new home owner needs: a great quality home, at an affordable price. Red Kite community will offer 48 quality homes in a picturesque setting with... 

PureSpectrum, Inc. Relocating and Expanding Offices to Accommodate Growth

PureSpectrum, Inc. is relocating and expanding its corporate offices as interest continues to grow in the company’s patent pending high performance dimming and power factor correction technologies for fluorescent lighting. PureSpectrum’s corporate headquarters will remain in Savannah, Ga., and the company will maintain an engineering lab in Carolina Beach, N.C. with an additional contracted engineering lab in New York. During the past... 

Grand Opening for First Phase of Whistler Crossing in Riverdale

Whistler Crossing, an innovative 132 unit residential development located in Riverdale, Illinois, will be celebrating its grand opening on Thursday, August 21st at 10 AM at 13711 S. Lowe Avenue. Holsten Real Estate Development Corporation, Turnstone Development and the Village of Riverdale are hosting the celebratory event. This exciting new rental development is the cornerstone of a five-year revitalization effort to replace the dilapidated and crime... 

Forest City Closes $167 Million Financing for Downtown Brooklyn Residential Building

Forest City Enterprises, Inc. announced that it’s New York-based subsidiary, Forest City Ratner Companies, has closed on $167 million in construction financing for 80 DeKalb, a 335,000-square-foot residential building on DeKalb Avenue in downtown Brooklyn. The 34-story, Costas Kondylis-designed building is the first residential tower constructed by Forest City in Brooklyn. It is designed to achieve LEED certification and will include 73 affordable... 

Equity One Acquires 3 South Florida Properties in a Joint Venture with DRA Advisors for $53 Million

Equity One, Inc., an owner, developer, and operator of shopping centers, announced today that it has completed the acquisition of three value-added properties located in South Florida in a joint venture with an affiliate of DRA Advisors LLC. The acquired properties are: Plantation Marketplace – a 230,330 square foot community retail center located in Plantation, Florida and anchored by Winn-Dixie and CVS. Penn Dutch Plaza – a 155,628 square foot... 

Maverick Landing, East Boston. Design by ICON architecture

Maverick Landing sits squarely at the heart of the redevelopment opportunities in East Boston, commanding spectacular waterfront views. This is a LEED certified sustainable development that includes photovoltaic panels and a cogeneration system by ICON architecture. The urban design concept for Maverick Landing removed the monolithic superblock of the existing site and restored the historic neighborhood street pattern, thereby reconnecting the site... 

Business Park Serving Los Angeles and the Inland Empire is Acquired by Koll/PER Partnership for $39.9 Million

A 313,367-square-foot, multi-tenant business park that straddles the county line between Los Angeles and San Bernardino counties in Upland, Calif., has been acquired for $39.9 million by Koll/PER, a limited liability company owned by The Koll Company, the Newport Beach, Calif.-based real estate acquisition, development and management firm, and the Public Employee Retirement System of Idaho (PERSI). Consisting of 17 single-story industrial, office... 

Reed Construction Data’s BIM Objects Now Available on Autodesk Seek Web Service

Reed Construction Data, a leading provider of BIM solutions and construction information, has announced it will provide Autodesk (NASDAQ: ADSK) with nearly 1,200 high-quality, parametric BIM objects, representing 17,000 product configurations, for the Autodesk® Seek web service. The Autodesk Seek web service allows architects, engineers and construction professionals to search, select and specify a breadth of rich, high-quality building product content,... 

Hill International Selected as Project Manager for SmartCity Kochi in India

Hill International, the global leader in managing construction risk, announced today that it has been awarded a contract by SmartCity (Kochi) Infrastructure Private Ltd. to provide project management services for the development of the SmartCity Kochi development in India. The two-and-a-half year contract has an estimated value to Hill of approximately INR 373 million ($9.1 million). Located in the southeastern Indian coastal city of Kochi, SmartCity...