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    Apartment tower proposed for Lindell Boulevard - May 2, 2014 by Mr HomeBuilder

    A developer is proposing a $50 million, 14-story luxury apartment building at 4490 Lindell Boulevard, in the Central West End.

    Covington Realty Partners, of Clayton, wants to put the tower on the site of the Optimist International headquarters, comprised of two structures, one built in 1961 with an addition completed in 1979. Officials said the Optimists are looking to relocate their 30 headquarters employees to a smaller building in the neighborhood.

    According to Covington's plan, the new tower of brick, stone and stucco would have about 200 apartments designed to allow their sale later as condos. Resident parking is planned on the first two levels and below grade.

    Officials said Covington hopes to acquire the Optimist International site and begin construction in January. Construction would take 22 months.

    Next up for Covington is an appearance next week before the Central West End Development Committee, which is scheduled to hear the developer's proposal to demolish the Optimists building. The committee is part of Park Central Development, the area's local development corporation.

    Brooks Goedeker, Park Central's executive director, said the committee wants to make sure that if the Optimists building is razed, it's replaced with something that enhances the neighborhood.

    We want to make sure it's the highest-quality project, he said.

    Covington's development site is a block east of where Opus Development plans to build a 12-story apartment building, at Lindell and Euclid Avenue.

    Tim Bryant covers commercial real estate, development and other business stories for the Post-Dispatch. He blogs at Building Blocks, the Post-Dispatch development blog.

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    Apartment tower proposed for Lindell Boulevard

    Local contractor creates more housing near Rapid City's new Walmart - May 1, 2014 by Mr HomeBuilder

    By Barrett Phillips

    Samuelson Development has started construction on two apartment buildings and a community center.

    John Samuelson, project manager said the first building will have 99 units being a mixture of one and two bedroom apartments. It will be 88,000 square feet and house 200 people.

    The second apartment building will be smaller at only 50 units and 50,000 square feet. The first apartment building along with the community center will be completed around November first; along with the second apartment building being completed around February of next year.

    "You got a whole view of the hills. This will be a four story building, so you can see into the downtown area. So, you have the conveniences of Walmart and all the shopping," said Samuelson.

    The complex will be called Copper Ridge Apartments. Units will range in price from $600 to $1,200.

    The complex will also have an outdoor pool, theater room, and full fitness facility.

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    Local contractor creates more housing near Rapid City's new Walmart

    No bids at Tuesday auction for Berkman Plaza II - April 29, 2014 by Mr HomeBuilder

    The unfinished Berkman Plaza II drew no bids in Tuesdays auction. Now its owner will look for a developer to buy and finish the project.

    Choate Construction of Atlanta, the general contractor for the building, received the property in a $10.2 million foreclosure judgment. But Mike Hampton, the companys chief operations officer, said he doesnt expect to receive that much.

    I would love for someone to make it work at $10 million, he said. But the numbers that were floating around a year ago said no.

    There is more money out there, he said, but it depends on how much someone believes in Jacksonville.

    And Hampton said he has had interest.

    Thereve been people sniffing around after hearing that theres a good deal out there, he said. I think some guys have gone down and kicked the tires.

    I dont know if Jacksonville is a secondary or tertiary market, but there seems to be a pretty good buzz about it right now.

    Although Berkman Plaza II, like the finished Berkman Plaza next door, was originally planned as condominiums, his understanding now is that any developer would finish it as an apartment building.

    If Chaote can sell it, he said, hed like to be the general contractor on the project. But thatd be up to the developer.

    We just want to sell it and recoup as much of our losses as we can, he said.

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    No bids at Tuesday auction for Berkman Plaza II

    Block of West Dayton Street closing Tuesday through Friday - April 28, 2014 by Mr HomeBuilder

    Drivers will have to detour off of a block of West Dayton Street beginning Tuesday, so construction work can continue on an apartment building.

    The Madison Traffic Engineering and Parking Divisions said in a news release the 400 block of West Dayton Street will be closed from 7 a.m. to 5 p.m. Tuesday through Friday.

    The block is between North Bassett and North Broom streets.

    The closure is needed so underground utility lines can be installed for The Domain, a 12-story apartment building going up at 415 W. Dayton St.

    Local access to residences in that block will be maintained at all times, and pedestrians will be able to use the south side of West Dayton Street as well as to all residences in the block.

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    Block of West Dayton Street closing Tuesday through Friday

    Feng Shui tips for your rental apartment - April 27, 2014 by Mr HomeBuilder

    Apr 27 2014 International Financial Services /Qatar/ Receives Public Censure from QFC Regulatory Authority ,Qatar News Agency (MENAFN - Qatar News Agency) Doha April 27 - The QFC Regulatory Authority has decided to publically censure International Financial Services (Qatar) LLC (IFSQ) after reaching a settlement agreement ... Apr 27 2014 Six killed in Air Raids on Aleppo ,Qatar News Agency (MENAFN - Qatar News Agency) London April 27 - Six persons were killed in Kfar Hamra area in Aleppo amid reports about the killing of five other unidentified persons in the same province the Syrian ... Apr 27 2014 Qatar- HE Culture Minister Meets Vice Culture Minister of Peru ,Qatar News Agency (MENAFN - Qatar News Agency) Doha April 27 -HE Culture Arts And Heritage Minister Dr. Hamad Bin Abdulaziz Al Kuwari met here on Sunday with Dr. Luis Jaime Castillo the vice minister of culture ... Apr 27 2014 Omani Minister Responsible for Foreign Affairs Meets OIC Secretary General ,Qatar News Agency (MENAFN - Qatar News Agency) Muscat April 27 - The Minister Responsible for Foreign Affairs of the Sultanate of Oman Yousef bin Alawi met here Sunday with the Secretary General of the Organization ... Apr 27 2014 Qatar- HE the Premier Sends Cable of Congratulation to King of Netherlands ,Qatar News Agency (MENAFN - Qatar News Agency) Doha April 27 - HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa Al Thani sent Sunday a cable of congratulations to King of the ... Apr 27 2014 GCC healthcare sector to reach USD69b by 2018 ,MENAFN (MENAFN) According to a new report by Alpen Capital, GCC healthcare sector in forecasted to grow by 12 percent in four years on an annual rate, reaching USD69.4 billion from USD39.4 billion in 2013, ... Apr 27 2014 Syrian forces Kill At Least 82 Syrian Civilians Across Syria ,Qatar News Agency (MENAFN - Qatar News Agency) Amman April 27 -At least 82 Syrian civilians have been killed when Syrian forces dropped barrel bombs on several parts of Syria mostly in Aleppo the Syrian Revolution ... Apr 27 2014 Qatar- QDB Identifies Areas to Boost Indirect Lending for SMEs ,Qatar News Agency (MENAFN - Qatar News Agency) Doha April 27 - Qatar Development Bank (QDB) identified ways to enhance indirect lending for Small and Medium Enterprises (SMEs) that have a limited credit history or ... Apr 27 2014 Qatar- Doha to Host Sixth Middle East District Cooling Summit ,Qatar News Agency (MENAFN - Qatar News Agency) Doha April 27 - The sixth edition of the Middle East District Cooling Summit opens here on November 10 organisers said. The two-day annual event will assemble ... Apr 27 2014 Powerful Explosion Hits Benghazi ,Qatar News Agency (MENAFN - Qatar News Agency) Tripoli April 27 - A large explosion occurred in central Libyan city of Benghazi in the early hours of this morning causing serious damages to a number of buildings and ... Apr 27 2014 Kuwait receives USD990m in compensation for Iraqi invasion ,MENAFN (MENAFN) The Kuwaiti government received USD990 million from the United Nations Compensation Commission for the 1990 Iraqi invasion, Arabian Business reported. The payment made is part of a ... Apr 27 2014 Qatari economy gets WTO praises ,MENAFN (MENAFN) According to the World Trade Organization review, Qatar has achieved a great success regarding its economic and trade policies, The Peninsula Qatar reported. The state answered almost 200 ... Apr 27 2014 Qatar- HE the Premier Congratulates President of Togo ,Qatar News Agency (MENAFN - Qatar News Agency) Doha April 27 - HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa Al Thani sent today a cable of congratulations to the President of ... Apr 27 2014 Qatar- HE the Premier Congratulates President of Sierra Leone ,Qatar News Agency (MENAFN - Qatar News Agency) Doha April 27 - HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa Al Thani sent today a cable of congratulations to the President of ... Apr 27 2014 UAE- Dh1.1 billion Sanctuary Falls on track for '14 handover ,Khaleej Times (MENAFN - Khaleej Times) Shaikh holdings an award-winning dubai-based real estate investment and development company has confirmed that works are successfully progressing at its dh1. handovers ... Apr 27 2014 SMP Trustees opens representative office in Dubai ,MENAFN (MENAFN) Wealth management firm SMP Trustees Limited, a unit of SMP Partners Group based in Isle of Man, has announced the opening of its new office in Dubai, according to the Emirates 24/7. The ... Apr 27 2014 Bootleggers' turf war "in Sharjah" kills two Pakistani workers ,Khaleej Times (MENAFN - Khaleej Times) The two deceased identified as 25-year-old n. reminding one of the deadly turf wars by rival groups of bootleggers in the past years two pakistani workers died and five ... Apr 27 2014 UAE calls for global food security marine protection efforts ,Khaleej Times (MENAFN - Khaleej Times) The uae has called for global protection of marine resources food security and safer environment at an international four-day summit in the dutch capital of the ... Apr 27 2014 Two Saudis die of MERS, taking toll to 94 ,AFP (MENAFN - AFP) Two Saudi nationals have died from MERS, taking the death toll from the coronavirus in the worst-hit country to 94, the health ministry said. A 63-year-old woman, who had suffered ... Apr 27 2014 Kuwait- His Highness the Amir sends congratulations cable to Pres. of Tanzania on Nat'l Day ,Kuwait News Agency (KUNA) (MENAFN - Kuwait News Agency (KUNA)) His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah sent on Saturday a cable of congratulations to President of Tanzania Jakaya Kikwete on the occasion ... more...

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    Feng Shui tips for your rental apartment

    Highland Park, residents oppose new apartment building plans - April 25, 2014 by Mr HomeBuilder

    A new luxury seven-story apartment building is slated for the popular Knox-Henderson neighborhood.

    The property is right on the border of Dallas and Highland Park, and it has some Highland Park homeowners saying, "Not in my backyard."

    Highland Park has already passed a resolution saying its not on board because it would infringe on the enjoyment and privacy of the town's residents, especially at Abbott Park.

    The dynamics will definitely change, said Angeline Cohen, who frequents the park with her 2-year-old son. It will get more crowded.

    Developers want to spend $80 million on the 258-unit high-end building, where rentals would range from $3,000 to $5,000 a month.

    But luxury upgrade is not what some Highland Park residents like Joe Williams want in a neighbor.

    His worry is that if zoning changes, too many people will be packed into a small space, congesting streets for everyone.

    When you walk down the street, you see this pretty tree line, and you look up and there's the sky, said Williams. It would take that away. But I think now, one of the biggest concerns is just the pure traffic.

    Frank Stich is with the powerful Oak Lawn Committee, advising Dallas City Council on area development. Stitch was around when another group attempted to rezone for a high-rise in 2005, but failed.

    We think this is absolutely the best re-adaptive use of this site that we've seen in 10 years, said Stitch.

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    Highland Park, residents oppose new apartment building plans

    2nd UPDATE: 1 found dead after apartment fire near Purdue - April 24, 2014 by Mr HomeBuilder

    April 24, 2014 2nd UPDATE: 1 found dead after apartment fire near Purdue

    Anonymous Associated Press Thu Apr 24, 2014, 12:55 PM EDT

    West Lafayette Authorities say one person was found dead after a fire that badly burned an apartment building where many Purdue University students live near the campus.

    West Lafayette Fire Chief Tim Heath says the person who died was found in an apartment after firefighters put out the blaze that rousted residents about 5 a.m. Thursday. The victim's identity wasn't immediately released.

    Police Lt. Troy Harris tells the Journal & Courier some other residents were taken to a hospital for treatment of non-life-threatening smoke inhalation.

    Harris says eight apartments were damaged in the three-story building. The flames burned through the roof and destroyed one end of the building a few blocks from the southeastern edge of Purdue's campus.

    Harris said the fire's cause was under investigation.

    Originally posted here:
    2nd UPDATE: 1 found dead after apartment fire near Purdue

    Brisbane's latest tower plan - April 22, 2014 by Mr HomeBuilder

    Aria's 109 Melbourne Street development would have ground-floor space for shops, cafes and restaurants. Photo: Supplied

    Property developer Aria has lodged a development application for what could be its seventh apartment building in South Brisbane.

    The tower, designed by Tony Owen Partners Architects, will comprise 180 apartments, as well as ground-floor space for shops, cafes and restaurants that will spill into a laneway, or cross-block link, from Melbourne Street to Fish Lane.

    The complex, located at 109 Melbourne Street, will also feature a rooftop pool, bar and barbecue area and an outdoor cinema.

    An artist impression of Aria's proposed Hope Street twin towers. Photo: Supplied

    Family-owned Aria has already sold more than 180 units in three residential towers it has built in South Brisbane since mid-2012.

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    Its 20-storey Austin tower is under construction on Grey Street, as is another 20-storey tower called Botanica on the corner of Edmondstone and Boundary Streets, opposite Coles supermarket in the West End Marketplace.

    The Austin tower, located at 77-79 Grey Street opposite the Queensland Museum and State Library, will have 140 apartments, while Botanica will have 179 apartments.

    An artist impression of Aria's proposed 109 Melbourne Street development. Photo: Supplied

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    Brisbane's latest tower plan

    Developers of prime property in Richmond Heights get massive tax break - April 21, 2014 by Mr HomeBuilder

    by KMOV.com staff

    KMOV.com

    Posted on April 21, 2014 at 8:01 AM

    Updated today at 8:58 AM

    (KMOV) The developers of a prime piece of property previously blighted in Richmond Heights are getting massive tax breaks to build a massive apartment complex at the same location.

    Draper and Kramer, of Chicago, have owned the property at the corner of McCutcheon and Eager since the 1930s

    Located on the north side of Brentwood Forest, the new 800-unit apartment building will sit at the same site as the old Manhasseet Village apartment complex.

    The city of Richmond Heights recently approved a 70 percent property tax break for Draper and Kramer over the next 10 years.

    Officials say the project is expected to start in 2015 and will generate 250 jobs for each phase of construction.

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    Developers of prime property in Richmond Heights get massive tax break

    Charitable organization plans 3.5-storey apartment building for Vanier - April 20, 2014 by Mr HomeBuilder

    A not-for-profit that works with underprivileged people who have come into conflict with the law is asking the City of Ottawa to allow for a new apartment building to be constructed in Vanier.

    (Stock photo)

    The John Howard Society of Ottawa has applied to the City of Ottawa to ask for a zoning change to make way for a 3.5-storey, 34-unit apartment building, according to documents sent out to members of the surrounding community.

    The property, located at 318,320, 322 and 324 Gardner Street, is currently home to two duplexes. The applicant wants to tear them down and build the low-rise apartment building in its place.

    The new site would have self-contained studio units, five parking spaces, a rear deck, a rear yard and a community garden at some point in the future, according to the documents.

    Funding for this proposal is through Ottawa Community Housing and the building will be operated by the John Howard Society under a 35-year agreement, reads the note the city sent out to community members.

    Ottawa-based PBC Development and Construction Management Inc. is listed as the project manager. Leonard Koffman is the architect and Ainley Group Consulting Engineers & Planners is the civil engineer.

    Organizations: John Howard Society, Ottawa Community Housing, PBC Development and Construction Management Ainley Group

    Geographic location: Ottawa, 324 Gardner Street

    (Stock photo)

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    Charitable organization plans 3.5-storey apartment building for Vanier

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