Real Estate

Plans for the project by architect Omniplan show high-rise buildings along the highways with the park and water feature in the center of the development.The developer plans to build the project in several phases. Howard Hughes acquired the Allen development site in its 2010 purchase of a large portfolio of nationwide properties from mall company General Growth."Through our partnership with the City of Allen and Howard Hughes' 40-plus years of experience of developing successful master-planned communities, we will be able to provide a progressive and flexible development approach, allowing future tenants to shape a campus to suit their specific needs." Mark Bulmash, Howard Hughes Senior Vice President of Development, said in a statement.Monarch City - named after migrating butterflies which once were common on the property - is just the latest in a series of big developments in Allen, which is about 15 miles north of Dallas."The zoning approval for Monarch City brings a first class … [Read more...] about Allen approves huge mixed-use project on key U.S. 75 corner

The hotels will be in a single complex and will be branded as Staybridge Suites, Even Hotel and Avid Hotel - all Intercontinental Hotel Group offerings."The new hotels are a perfect addition to Avion Business Park's masterplan and will play a big role in attracting corporate office interest," Bill Guthrey, KDC senior vice president, said in a statement. "These hotels are a wonderful asset that will integrate well into the walkable business park, making our remaining 26 acres of office land primed for development."The 95-room Avid Hotel is one of Intercontinental Hotel Group's new brands.Construction will start in early 2020 and the hotels are set to open in fourth quarter 2021. Civitas Capital Group is developing the hotel project.Dallas architect BOKA Powell designed the building.The Avion Business Park is home to a 60,000-square-foot office building housing the American College of Emergency Physicians.KDC is marketing additional office sites in the project. … [Read more...] about DFW Airport business park gets three new hotels

Sections SEARCH Skip to content Skip to site index Real Estate Subscribe Log In Log In Today’s Paper Real Estate | When Your House Won’t Let You Go Advertisement Supported by Domestic Lives We thought we had our house sold twice. But something kept pulling us back, turning us into renovators and flippers. ByRoberta Zeff June 25, 2019 I never expected to be a house flipper. But I turned into one when we had to gut and renovate our 1920s house after an epic flood last summer while we were in the middle of selling it. One sunny afternoon last July, I opened the back door to discover it was raining inside. Water was pouring out of light fixtures, cascading down freshly painted walls, pooling on the brand-new carpet in the basement playroom. We had just accepted an offer on the house, and now it looked like a crime scene. We had painted almost every room, replaced part of the kitchen, put in new … [Read more...] about When Your House Won’t Let You Go

Facebook is negotiating to take 1 million square feet or more in Hudson Yards in a deal that would firmly establish the city's fast-growing technology sector in the emerging West Side neighborhood.The $540 billion company is in talks to take the space at 50 Hudson Yards, a nearly $4 billion, 1,000-foot-tall office spire being developed by a partnership between The Related Cos. and Oxford Properties Group.The deal with the social media giant is so close, several sources said, that Related decided in the past day to push aside another large leasing transaction it had been considering at the tower with major law firm Debevoise & Plimpton.Debevoise had been arranging to take about 450,000 square feet at the 3 million-square-foot property on floors that Facebook is now close to leasing.Suddenly cast back into the leasing market, Debevoise is considering space at a neighboring office building being raised by developer Tishman Speyer. Called the Spiral, that tower features a corkscrewing … [Read more...] about Facebook in talks for major Hudson Yards office

Real Estate |The Hunt By JOYCE COHEN JUNE 20, 2019 A Michigan native who once vowed she ‘would never move here’ dives headlong into Lower Manhattan. Which studio did she choose? After graduating from Penn State University in 2017, Darian Dempsey returned home to Michigan and shared a rental with two roommates. “My whole life, everyone told me I would love New York City, but I said I would never move here,” she said. “Cities make me nervous, or at least they did, and I never saw myself in a place this big.” But sure enough, last winter Ms. Dempsey, 24, was poached from her job in digital advertising, and her new office is in Lower Manhattan. “I had been to the city once before, for a couple of hours,” she said. “I was visiting upstate New York and came here for dinner.” She began researching her options and emailed to inquire about a place downtown. Jordan Abada, a licensed salesman at Elegran Real Estate, … [Read more...] about You Make the Call: Debuting in a Downtown Studio