Watt Plaza Receive Gold LEED Certification

Watt Plaza, a twin 23-story office tower complex encompassing 900,000 square feet in the heart of Century City, has been awarded Gold LEED Existing Buildings Operations and Maintenance certification by the U.S. Green Building Council, making it the first office building in Los Angeles to achieve this distinction in this category. Watt Plaza is one of five buildings in California and one of 12 buildings in the United States to be certified LEED EB... 

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... 

Port of Los Angeles on Track to Award More Than $383 Million in Construction Contracts in 2008

The Port of Los Angeles will award an estimated $383.7 million in construction contracts by year-end, fueling a surge of construction activity that will create thousands of jobs in the region. The more than $383 million in future spending related to these projects will support over 6,000 regional jobs. At present, 18 multi-year construction projects are underway at the port, totaling approximately $148 million and supporting an estimated 2,516 total... 

TIAA-CREF Global Real Estate’s One Boston Place Awarded First LEED-EB Gold Certification for Operations and Maintenance

TIAA-CREF Global Real Estate announced today that One Boston Place in Boston is the first building to earn the Leadership in Energy and Environmental Design (LEED) Gold designation from the United States Green Building Council (USGBC) for Existing Buildings: Operations & Maintenance. LEED for Existing Buildings: Operations & Maintenance is a rating system that recognizes buildings with maximum operational efficiency and minimal environmental... 

The World Bank Group Leases 100% of Office Space at Brookfield Properties’ 1225 Connecticut Avenue in Washington, DC

Brookfield Properties Corporation announced that the World Bank Group has signed a ten-year lease for 100% of the office space at 1225 Connecticut Avenue in Washington, D.C. totaling 227,000 square feet. The World Bank will begin to occupy the premises in the late winter/early spring of 2010. “This long-term agreement with the World Bank is a major achievement for our U.S. operations, and another example of the enduring strength of the DC office...