
A dazzling fireworks display marked the inauguration of the world’s tallest building, Burj Khalifa (formerly known as Burj Dubai) in downtown Dubai. Burj Khalifa opened its doors to the public who rode Otis double-deck elevators to “At the Top, ” the 124th floor observation deck. At 828 meters high and more than 160 stories, Burj Khalifa is 319 meters taller than the previous record-holder Taipei 101. The official inauguration of...

With the recent completion of the W Hoboken Hotel & Residences and two additional projects under construction in Manhattan, the W New York-Downtown Hotel & Residences and 400 Fifth Avenue, Gwathmey Siegel & Associates Architects (GSAA) is redefining the standard for designing luxury hotels & residences. A new landmark on the New Jersey waterfront is the W Hoboken Hotel & Residences, a 26-story metal and glass building that...

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...

Towering over the Philadelphia skyline at an amazing 58 stories (975 feet), the city’s new Comcast Center is a high-performance sustainable building, with an abundance of features that will conserve energy and reduce impact on the environment. Designed to receive LEED® certification from the U.S. Green Building Council, Comcast Center uses 40 percent less water than the average office building, and the building’s water fixtures will save more...

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...
Prime Group Realty Trust Chicago-based real estate investment trust (REIT), announced today that the premier, Class A, 975,000 square-foot Continental Towers office complex in Rolling Meadows, IL, controlled and managed by Prime Group Realty Trust, was recently named “The Outstanding Building of the Year” (TOBY) for the Chicago Suburban market by the Building Owners and Managers Association (BOMA) of Suburban Chicago. This is the fourth time in...
RREEF Real Estate and Kennedy Wilson today announced that 901 Fifth Avenue in Seattle, WA, a 41-story 558,607 sq. ft office tower has achieved LEED-EB™ (existing building) Silver certification. The certification marks the completion of one of the largest environmental retrofits in the industry for an existing property and Seattle’s first full city block targeting LEED certification. The new ownership and management of Seattle’s 901 Fifth Avenue...
The twin office towers of Watt Plaza in Century City are the first Class A commercial high rises in Los Angeles to undergo a 100% retrofit with Falcon Waterfree urinals. The resulting 2.2 million gallon per year water savings at this single building provides welcome relief for the drought stricken area and exemplifies the success of comprehensive planning by local officials. This retrofit of Watt Plaza’s urinals comes as Los Angeles Mayor Villaraigosa,...
Group 24, LLC, announced it has become a 50 percent partner with Turnberry, Ltd., one of the United States’ premier real estate companies, in the development of Turnberry Tower, a 40-story, luxury condominium project slated for San Francisco’s Rincon Hill neighborhood. Group 24’s major investment in the $300 million residential tower is the firm’s first project with Turnberry. “Turnberry has set the standard for upscale living in major cities...
Behringer Harvard announced today its acquisition of 1875 Lawrence, a 15-story office building in the historic LoDo (Lower Downtown) area of Denver’s central business district (CBD). Built in 1982 on a half-acre site, the property provides approximately 185,000 square feet of rentable office space. A three-level underground garage provides parking space for tenants. “1875 Lawrence is an attractive acquisition that provides both strong...