York Dispatch Editorial Board Published 4:26 a.m. ET March 6, 2020

Malls are facing an existential crisis.

That's nothing new. Large retail shopping complexes have been dying for decades, to the point that there are books of photographs taken in abandoned malls.

The owners of the York Galleria in Springettsbury Township are trying to keep their property from joining that list, with interesting results.

Since 2015, the mall has seen three of its four anchor stores,JCPenney, Sears and finally The Bon-Ton, close. Boscov's remains, and the former Penney site is now home to Gold's Gym and Marshall's. The other anchors sit empty, as do many shop fronts.

More: Springetts changes rules to allow mini-storage at York Galleria

More: Penn National chooses York Galleria Mall for first mini-casino

Owners CBL & Associates have plans for the spaces. A mini-casino is slated to go into the former Sears site at the west end of the building, which required some wrangling, including getting Springettsbury Township to backtrack on an ordinance saying the municipality didn't want to even be considered for the Penn National casino.

And now CBL is taking another step away from the Galleria's retail roots by bringing a mini-storage unit to the former Bon-Ton site.

After much discussion and hand-wringing, and against the wishes of the York County Planning Commission, the township board of supervisors last week voted3-2 toapprovea zoning change to allow the storage area use.

"I think when we look to the future of the mall, the best we can do at this point in this era of retail transformation is stabilize the occupancy and activity in the mall," said Charles Wurster, a supervisorwho voted in favor of changing the ordinance.

The Galleria isincluded in a "town center" overlay on the township's zoning map, a designation intended to develop a walkable retail area. A town center overlay specifically prohibitedmini-storage until now.

Alex Snyder, the attorney representing storage unit companyW.P. Carey, said the retail market doesn't support "big box"stores anymoreand that the next logical step to maintaining the mall would be mini-storage.

"We think this is a way to take a building where there's nothing wrong with it, and put a use in that there really is a need for in the township," Snyder said. "From the outside, no one will know any different other than the building will be fixed up and repaired."

Though one supervisorsuggested turning the space intooffice units,the idea was dismissed by Blaze Cambruzzi, a True Commercial Real Estate managing partner, who said theadjacent casino coming to the mall squandered any chance ofprofessional use.

So it boils down to this: This mall, like so many others, is on the verge of becoming obsolete as a purely retail space. The property owners, like so many others, are reaching out to other industries to fill these spaces that were once lively centers for communities and have become empty shells.

Is it pretty? No. Could there be a better use for the space? Maybe, but what would that be?

The York Galleria could follow the path of the former West Manchester Mall, which was turned inside out in a massive construction project in 2014-15 and now seems to be doing well as the West Manchester TownCenter, anchored by Walmart, Regal Cinemas and Kohl's and featuring a number of pad site restaurants as well as other stores.

But that renovation cost $49 million, and the Galleria is only assessed at $39 million, according to tax records.

The township is allowing the owners to turn the mall into more of a mixed use space, with stores giving way to gyms, casinos and now a storage unit space.

Which makes us think, despite the food court and the remaining retail, at what point will the York Galleria no longer be a mall?

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EDITORIAL: When will the York Galleria no longer be a mall? - York Dispatch

M&G Real Estate and its appointed property developer Qmile Group have announced construction work has started at the 350m Haymarket Edinburgh mixed-use development in the Scottish capital.

Designedby globally renowned architect Foster + Partners, Haymarket will deliver morethan 380,000 sq ft of much-needed Grade A office space along with hotelaccommodation totalling 365 bedrooms and provision for 40,000 sq ft of retailspace.

Thefour-acre site will comprise five buildings, three of which will be offices andthe other two hotels. It is estimated that the office space alone will accommodateup to 4,500 workers.

Inaddition, at the heart of the development will be Haymarket Square, a vibrantnew landscaped public space for the city centre which has been designed tooffer leisure and retail opportunities as well as a social and events space.

M&GReal Estate acquired the four-acre site in 2018 for 49.1m. Following atendering process, the main contractor for Haymarket Edinburghs first phase isSir Robert McAlpine. The contractor is currently on-site delivering HaymarketEdinburghs first building, 1 Haymarket Square, which will provide 110,000 sqft of Grade A office accommodation and has a gross development value of 80m.

Up to500 live direct and indirect construction jobs will be supported on thedevelopment during Haymarket Edinburghs three-year build programme.

Qmile Group has previously worked withM&G Real Estate, Foster + Partners and Sir Robert McAlpine, to deliver the750m mixed-use Quartermile development, also in Edinburgh city centre.

Commentingon the work starting on site, Qmile Group chief executive, Paul Curran, said:Our objective is to make Haymarket Edinburgh a world-class place for business,leisure and hospitality. Our work at Quartermile clearly demonstrated how wecan deliver complex, high-profile projects, so we are very pleased to reunitethe same team on Haymarket Edinburgh.

Thedevelopment has been designed to deliver sustainable commercial and societalbenefits for the city. We will purposefully create a platform for furthereconomic growth within the capital at Haymarket Edinburgh and provide thecitys residents and visitors with inclusive new public space.

Withwork now started on site, the vision for Haymarket Edinburgh is well on its wayto becoming a reality. There has already been significant interest from a rangeof occupiers and we only expect this to increase now we have begun the buildprogramme with the first building, 1 Haymarket Square, scheduled for deliveryduring the second quarter of 2022.

M&GReal Estates director of asset management, Aaron Pope, said: Committing tofund the delivery of this prime mixed-use development in Edinburgh city centrewas a natural choice and perfectly aligned with our investment approach providing industry leading, high quality and sustainable business space thatintegrates seamlessly with the area and provides the kind of environment andfacilities to meet modern occupier needs.

Withwork on 1 Haymarket Square progressing at pace, we are excited to maintain themomentum with commencement of works on the wider development. It will set a newtone for Edinburghs office accommodation and deliver a new attractive quarterfor the city and all who live and work there.

Savillsand JLL have been appointed as office agents and EYCO and Culverwell have beenappointed as retail agents.

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Construction starts on 350m Haymarket mixed-use development in Scottish capital - Scottish Business News

Home Smart Realty franchise opens in Bedford, NH-based Clear Choice opens Mass. office and moreJeremy Belanger, left, senior project engineer at TFMoran was recently selected by New Hampshires Joint Engineering Societies as the 2020 New Hampshire Young Engineer of the Year. The American Society of Civil Engineers-New Hampshire Section nominated him for his work ethic, integrity, enthusiasm for the civil engineering profession and his volunteerism in the community.

Springfield, Vt.-based One Credit Union has opened a new branch in the Shaws Plaza on John Stark Highway in Newport, NH the credit unions seventh branch and its second in New Hampshire. The building was designed by the NES Group of Massachusetts and built by JLN Contracting out of Auburn, NH. The branch will be managed by Patty Kober, who has over 33 years of experience in financial services.

Infinity Realty Group of Londonderry has merged with Bedford-based Keller Williams Metro. Broker-Realtors Cheryl Hazzard and Amanda Butler, along with Realtors Terri Byerly and Julie Dolliver, will continue to serve clients from the IRG location in Londonderry.

Munise Ulker has opened HomeSmart Success Realty in Bedford, part of HomeSmart International, which has a 100% commission brokerage model. As part of HomeSmart, Success Realty agents will get to keep 100% of their commission and have free access to productivity software, online marketing materials, live and on-demand training sessions and agent support, Ulker said.

Manchester-based Clear Choice Home Improvements has opened a second office in Taunton, Mass. The decision to expand across New England and open a second office that allows us to service central Massachusetts, southern Massachusetts, Cape Cod and Rhode Island was a logical step in our business growth strategy, said Jennifer Lanigan, marketing director.

The University of New Hampshire has awarded the Parsons Hall-Iddles Wing renovation project to Chapman Construction/Design of Newton, Mass. The 13,000-square-foot project includes improvement of two large lecture halls, two flat-floor classrooms and adjacent corridors and stairwells as well as replacement of the associated HVAC system. In addition, a new student commons space will be created. Architect and engineer is Harriman Associates, based in Portland, Maine.

Paula L. Scales, president of Brookstone Builders Inc., Manchester, has been included in the 2020 Trademark Women of Distinction Honors Edition. The publication highlights the professional accomplishments and stories of women in business.

Versona, a retailer of womens fashion and accessories, has announced it will be opening its first two locations in New England this spring one at the Pheasant Lane Mall in Nashua and the other at The Mall of New Hampshire in Manchester.

New England Family Housing will hold a ribbon-cutting ceremony on Friday, March 20, to celebrate its revitalization of the Goddard Block in downtown Claremont. The renovation has created 36 studio, one- and two-bedroom apartments and three retail and commercial spaces. The event begins at 10 a.m. at 54 Pleasant St., Claremont.

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People and Property: Real Estate and Construction News From Around NH - New Hampshire Business Review

Developers are breaking ground this week in Carrollton on a mixed-use development.

Called The View, the 440,000-square-foot project will include 268 condominiums and 31,000 square feet of retail space.

A project of JK & JY Development LLC, the four-story property at 2700 Old Denton Road is within walking distance of the rail stops for both DART and Denton Countys A-Train.

The View will feature contemporary design with quality amenities that celebrate community, health, shopping and dining, Farooq Wazirali, managing partner of JK & JY Development, said in a statement. We were inspired by the natural beauty of nearby Furneaux Creek Nature Trail, so we brought in the award-winning firm of Humphreys & Partners Architects to help us create our vision of a fine urban living project.

The View will have for sale residences with terraces and ground-level villas with private courtyards.

Prices will start at about $200,000.

This will be a place where people will not only live but can come to shop, dine and spend time with family and friends, said Wazirali. The View is located within walking distance to the Spa Castle, H Mart shopping center and many more stores and restaurants.

There will be large pool deck with waterfalls, and the community center will have a social lounge, fitness center, yoga studio, game room, business center, and fully equipped kitchen and bar.

The project is set to start construction Thursday and will open in 2022.

Links Construction of Denton is the general contractor, and the development manager is Epperson Co of Dallas. The Way Realty Advisors is marketing the project.

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Carrollton project will bring condos and retail - The Dallas Morning News

On a typically bright and crisp fall afternoon in Los Angeles last November, Abbey Ehman and Brad Cox of Trammell Crow Company showed Commercial Observer around the future site of its District NoHo project in North Hollywood.

The starting point was just south of the development, on the rear patio at the historic Lankershim Depot building at 11275 Chandler Boulevard. Today, its a Groundwork Coffee, catering to an ethnically diverse population on a busy corner of North Hollywood. The building, which once housed the Pacific Electric Red Car line, sat dormant for 30 years until its recent resurrection. With new apartments rising nearby and a bustling street-life scene, it was an apt setting to absorb the plans Trammell Crow has for District NoHo and for North Hollywood itself.

Contrary to its name, North Hollywood is not contiguous with Hollywood and is located in East San Fernando Valley, just east of the 170 freeway and north of the 134 freeway. Its long been known as a nondescript area that housed the Academy of Television Arts and Sciences, and borders places like Sun Valley, Burbank, Toluca Lake and Studio City.

But recently, North Hollywood has become an all-important, millennial workforce-courting hub. With 40,000-square-feet of the We Companys WeWork NoHo space at Lankershim and Magnolia Boulevards unfurling this fall; a savvy community branded the Noho Arts District; and quirky, colorful eateries such as Kahuna Tiki, Urban Kebab and Republic of Pie dotting Magnolia Boulevard, North Hollywood has become a hip, quasi-bohemian destination.

In December, El Segundo-based Trammell Crow and partner MetLife officially submitted plans to the city of Los Angeles, topping off nearly four years of complex planning for a public-private partnership with the LA County Metropolitan Transportation Authority. If approved, the transit-centric mixed-use project will breathe new life into the North Hollywood Metro station portal at Lankershim Boulevard and South Chandler, a major junction in the area.

We are enthusiastic about the growth, especially of the entertainment industries located in and around the eastern San Fernando Valley, with District NoHo as the anchor of the creative community, said Ehman, who serves as a vice president at Trammell. The project is representative of the way Los Angeles County will grow access to transit, community open space, quality jobs, experiential retail, and a dense residential community that includes affordable housing. Our vision for the project is an urban village in the Valley, rooted in transit, and infused with art and culture.

Plans for District NoHo call for eight buildings that will house 1,500 apartment units (of which 300 will be affordable units), 500,000 square feet of office and 100,000 square feet of retail space.

The hope, Ehman and Cox explained, is that most of the tenants occupying the 1,200 market-rate apartments will be entertainment or tech professionals; if they are not working at the local North Hollywood overage of various media companies, they will be commuting by Metro to nearby media and tech hubs in Burbank, Studio City, Hollywood and Downtown L.A.

Over the next several years, the San Fernando Valley will continue as a highly desirable location to live, work and play, with the North Hollywood Transit Center at the epicenter of the growth, Cox, a senior managing director of Trammells housing arm High Street Residential, said. When it opens in 2023, the project will bring a diverse offering of residential, office, retail and affordable housing to North Hollywood.

Construction is set to kick off late next year, with the project opening across six phases, and the work is expected to take six to eight years to complete.

Trammell Crow purposefully hired three different design firms master architect HKS, plus KFA and Gensler in order to ensure that the sum of its live-work-play parts did not appear to be drawn by the same hand, as Ehman phrased it.

HKS and KFA have designed the residential buildings, and by agreement, the affordable housing must go up first before any commercial buildings go online. Meanwhile, Gensler has designed the 10-story, 400,000-square-foot office tower that will be laminated with retail shops, as Cox, put it.

North Hollywood has been overlooked for a long time, added architect Greg Verabian, an associate principal at HKS Westwood office, who grew up in nearby Studio City and calls this addition to NoHo transformative.

I drank the Kool-Aid of transit transforming neighborhoods, Verabian said. Its a mechanism that can help a neighborhood evolve.

Trammell Crow and MetLifes proposed redux of the Metro station represents a $1 billion investment in North Hollywood, and the developers are not the only ones gambling on the East San Fernando Valley neighborhood. They have worked their District NoHo plan around the historic train depot building occupied by Groundwork Coffee as well as a 127-unit multifamily structure that Richman Group is currently constructing behind it.

Meanwhile, the developers of NoHo West, an ambitious 170 freeway-adjacent mixed-use project, are racing to open in 2020. When finished, the 25-acre complex at 6150 Laurel Canyon Boulevard, located in the most eastern part of the San Fernando Valley, will encompass 642 apartments, 230,000 square feet of office, and 300,000 square feet of retail with 60 dining and shopping sites, including a Trader Joes, Regal Cinemas and 24-Hour Fitness.

NoHo Wests developers, Los Angeles-based GPI Cos. and Lake Forest, Calif.-based Merlone Geier Partners, have anchored the propertys commercial side with office space carved out of the bones of a longtime Macys department store. Key tenants shoring up the retail component include Urbane Caf, The Stand, California Fish Grill and Ulta Beauty. The property will also feature green space, water fountains, a dog-friendly park and playgrounds.

Construction began in 2018 on NoHo West, which will usurp the erstwhile Laurel Plaza space. Designed by DTLA-headquartered Stir Architecture with design work by Orange County-rooted Architects Orange, the complex will inject some modernity into the largely refurbished-looking community, with signage facing the 170.

This is beyond live-work-play, said Patrick Church of JLL, whos been helping to handle the office leasing at NoHo West. Now the flavor is having a project that has a whole community feeling to it.

Church, along with his JLL colleague, oversees 22 buildings and 6 million square feet of office space from Pasadena to NoHo. Of all of their assignments, Church said that this multi-faceted, multi-genre complex has been the most ambitious they have undertaken. The office specialist, who recently firmed up WeWorks floors at nearby 5161 North Lankershim Boulevard, said he believes NoHo West will benefit from the nearby NoHo Arts District, which he said has boomed really over the last 10 years.

Church recently led CO on a hard-hat tour of the former Macys structure, which rises four full floors [five counting mezzanine level). He said he expects to land either four tenants or a single tenant for the entire 230,000-square-foot building.

More than likely its going to be all entertainment, he said.

NoHo West is just the latest project to capitalize on the NoHo renaissance. The neighborhood is currently dotted with mixed-use plans in development, from the Richman Groups project which will deliver 127 apartments and 12,000 square feet of retail near Metros North Hollywood Station next year to more compact projects like Warmington Residentials Cue NoHo, a set of 20 single-family residences at 10907 Otsego Street.

Yet for the community of North Hollywood, NoHo West represents the culmination of a community that has transformed in only a few short years from an invisible suburb to serious business.

In early 2019, Hollywood-based Titmouse Animation expanded into NoHo as they assumed some 25,000 square feet at 5200 Lankershim Boulevard and 4640 Magnolia Boulevard.

The rents they signed are close to Burbank Media District [rents], said Nico Vilgiate of Colliers International, who negotiated the expansion. As of the third quarter of 2019, Burbank office space rents for $3.59 per square foot, according to Colliers data.

Thats because the Hollywood-heavy Burbank submarket is tapped out.

Burbank [Media District] is close to single-digit vacancy, Vilgiate said. That Hollywood trend has been going on for a while, for the last six years. Theres hardly any space left in the Media District.

Suffice it to say, content continues to grow, Vilgiate continued, alluding to a slew of oncoming subscription streaming services, including Disneys launch last November and WarnerMedias in early 2020. I believe Disney took the place almost as a defensive measure, for future employees as they consolidate the workforce from their acquisition of Fox, he added.

In September, ITV Entertainment announced a high-profile leap from offices at Sherman Oaks Galleria to 5250 Lankershim in North Hollywood. Taking over space currently filled by Kaiser Permanente, ITV signed a 10-year lease for 42,000 square feet and expects to relocate in May. Its fellow tenants will include Bento Box animation studio, Tremendous Entertainment and Sada Systems.

North Hollywood was what I called the backlot of Hollywood, said Glendale-based Colliers International Senior Executive Vice President Gregory K. Barsamian, whose expertise lies in the industrial sector. Proximity is a big issue because the studios are nearby. It was affordable, it was close to the studios. Its been the nucleus of the industry.

Barsamian traces NoHos rise all the way back to 1990 with Hewlett-Packard on Lankershim and Magnolia circa 1990. Back in the 1970s, this tweener little community developed machine shops supporting Lockheed, and leasing later shifted to include porn industry production through the 1980s.

Since 2018, NoHo is seeing an influx of cannabis producers moving into industrial buildings, post-legalization of marijuana.

Now theres a Metro stop [in NoHo], Barsamian said. Its attracting artistic people.

But for all of its submarket heat, the communitys industrial product is rarely top tier.

From an industrial perspective, theres nothing special or pretty (in North Hollywood), its a nondescript Steady Eddie, Barsamian said, adding that its warehouses often have terrible parking, the loading sucks.

While not Class A material, NoHo warehouse space has attracted people running companies out of their bedrooms and their garages needing to grow, he said.

In general across the Valley, where warehouses are being converted into piecemeal soundstages to feed the content frenzy for streamers such as Netflix and Disney Plus, the supply of straight industrial space has been frustratingly low, Barsamian said.

What needs to happen in NoHo, Barsamian continued, is what culminated last year in nearby Sun Valley, when Xebec re-developed a former landfill into two mammoth, state-of-the-art warehouse facilities, one of which is occupied by Amazon distribution-enabler OnTrac. That was a case of taking land that wasnt buildable in the past and figure out what the cost is to make it buildable, Barsamian said.

That strategy was also seen at 11200 Peoria Street, where Penske Truck Rental created a building sitting on pylons like a freeway overpass [with gravel in-fill], he said.

Overall, the submarkets actors do not see North Hollywood cooling anytime soon.

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North Hollywood Grabs the Spotlight - Commercial Observer

Developers in Lewisville have gotten the go-ahead for a huge mixed-use development that will bring new offices, apartments and hotel space.

Bright Realtys 140-acre Crown Centre project is planned on State Highway 121 near the developers Castle Hills community.

Lewisvilles city council just approved final plans for the project that include up to 2,000 multifamily units, 3 million square feet of office space and as many as 500 hotel rooms.

Plans for Crown Centre ultimately include 35 buildings connected by open space with lakes and trails.

Construction is already underway on the first Crown Centre office building, a four-story, 109,000-square-foot project at State Highway 121 and Regent Way.

The building will open in mid-2020.

Crown Centre will serve as a substantial employment center for the city as well as a walkable live, work and play destination, Chris Bright, Bright Realty CEO, said in a statement. It is designed with the multifamily components spread throughout the office and retail spaces to encourage pedestrian activity and use during both daytime and evening hours.

The project is also designed with a large amount of green space and water features throughout, which provide areas to take a break during the hectic workday and places to recharge over the weekend.

The Crown Centre project is one of two major mixed-use projects Bright Realty is doing.

The developer is also building Realm at Castle Hills, a 324-acre project that includes offices, restaurants, retail, entertainment and apartments.

The first office building in the $1.5 billion Realm opened last year and is almost fully leased.

Both of the mixed-use projects are being built on land thats been in the Bright family since the 1950s.

Construction started on the 3,000-acre Castle Hills in 1997.

Castle Hills is 11 miles from DFW International Airport and a few miles from Planos $3 billion Legacy West development.

The community has almost 5,000 single-family homes, and thousands of new apartments, condos and townhomes are planned.

Crown Centre will be the largest commercial section of the Bright Realty project.

We have a great partner in Bright Realty and we are excited about the future of Lewisville and Castle Hills, Donna Barron, Lewisville city manager, said in a statement. We look forward to the opportunities Crown Centre will provide for both Lewisville and Castle Hills.

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Lewisville development to include offices and apartments plus open space - The Dallas Morning News

Proponents of a major mixed-use, transit-oriented development immediately west of SkyTrains Braid Station in New Westminster have returned to the municipal government with a significantly larger proposal that includes a significant additional infusion of rental housing.

Last week, New Westminster city council advanced the public consultation process for the revised master plan in support of the rezoning application for Sapperton Green at 97 Braid Street on a 38-acre industrial site currently occupied by a 650,000-sq-ft Amazon fulfillment centre,and former warehouse buildings that now contain Extreme Air Park and Futbol 5 Indoor Soccer.

The southernmost parcel of the property is a satellite parking lot for Royal Columbian Hospital staff, and to the north the site is framed by the Central Valley Greenway and the Brunette River. There is also direct access to the Trans Canada Highway via the Brunette Avenue interchange.

Site of Sapperton Green at 97 Braid Street, New Westminster. The property is largely occupied by an Amazon fulfillment centre. (Musson Cattell Mackey Partnership / QuadReal Properties)

Planning for the redevelopment began in 2011, when it was managed by commercial developer Bentall Kennedy on behalf of the propertys owner, the British Columbia Investment Management Corporation (BCIMC).

But QuadReal Properties took over management of the project in 2017, when it took over Bentall Kennedys BCIMC portfolio and submitted the first iteration of the application. The architectural firm for the project isMusson Cattell Mackey Partnership.

The new revision increases the projects market residential floor area from 3.4 million sq. ft. to 4.2 million sq. ft. an increase of 800,000 sq. ft. About 1.2 million sq. ft. of this market residential floor area will be set aside by secured market rental housing.

This increased density will be accommodated by additional heights for the residential towers and an additional 26-storey residential building.

February 2020 proposed phasing plan of Sapperton Green at 97 Braid Street, New Westminster. (Musson Cattell Mackey Partnership / QuadReal Properties)

There will also be 255,000 sq. ft. of affordable rental housing, between 750,000 sq. ft. and 1.5 million sq. ft. of office space, and between 100,000 and 150,000 sq. ft. of retail space.

Changes to the proposal are consistent with the citys new Inclusionary Housing Policy, which focuses on catalyzing non-market rental homes.

The office component of the project is significant for New Westminster, given that its scale would increase the citys office supply by between 37.5% and 75%, depending on the option chosen.

The projects residential uses are largely located on the northwest half of the site, while retail and office space are oriented on the southeast half, closest to the SkyTrain station and bus exchange. The tallest buildings are generally located on the northern half and core of the property, as well as next to the transit hub.

Retail and restaurant uses will line the street along the northern foot of Rosseau Street on the property, and the Transit Way leading to the bus exchange.

A 35,000-sq-ft community centre with a childcare facility is located next to a 2.4-acre central public park.

February 2020 proposed site plan of Sapperton Green at 97 Braid Street, New Westminster. (Musson Cattell Mackey Partnership / QuadReal Properties)

A pair of plazas are planned, and the Central Greenway will be rerouted through a new greenway and open space going through the core of the site.

The entire project calls for eight acres of green and open spaces, parks, and plazas, including dedicating 3.5 acres for riparian area improvements, particularly along the propertys northern edge with the river.

With city councils latest decision, public consultation will be held from Spring to Fall 2020, with an aim to finalize the master plan by the end of this year.

If the master plan is approved, the entire redevelopment will be built in three phases, with each phase comprised of 85,000 sq. ft. of affordable rental housing. Construction on the affordable housing component of the first phase could begin in 2021, providing 110 units within a six-storey building.

The first phase will develop the southernmost parcel of the site. Amazons 2012-opened facility on the site will not be affected until construction of the second phase begins. Two other Amazon fulfillment centres serving Metro Vancouver are located in Delta.

QuadReal Properties is also behind the redevelopments of the old Canada Post building and Oakridge Centre in Vancouver.

February 2020 artistic rendering of Sapperton Green at 97 Braid Street, New Westminster. (Musson Cattell Mackey Partnership / QuadReal Properties)

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Massive redevelopment proposed to replace Amazon warehouse in New Westminster | Urbanized - Daily Hive

AN ART DECO-compatible, 42-story, high-rise is planned to break ground in 2021 at 5411 Wilshire Blvd. at Cochran Ave.

After years of construction, the Miracle Mile is breathing a collective sigh of relief.

But not for long. While much has been built in recent years, theres much more development coming down the pike.

This planning stuff has consumed us for five, 10 years, said Miracle Mile Residential Association (MMRA) President Jim OSullivan.

These big things seem to be sprouting up all over the place. It seems like everyday something new comes up.

The Mile is about to see its tallest development yet if all goes according to plan.

A 42-story luxury high-rise is planned at the Staples office supply store site at Wilshire Blvd. and Cochran Ave.

CIRCA 1939. The Sontag Drug Store on the northwest corner of Wilshire and Cloverdale avenues, today is the site of Wilshire Beauty Supply; it will remain as part of the new skyscraper plans.Courtesy of Miraclemilela.com

Developer Wally Marks, whose family owns the property, plans to reveal up-to-date details about the project this month.

Meetings have already been held with some members of the community, and the projects size has been reduced with good results.

I think its a better project, Marks told us.

Earlier reports detailed 371 apartments, including 56 low-income units, in project architect Richard Keatings design. It blends the new a robotic parking system and yoga studio with the old an Art Deco-compatable design to reflect the areas origins, and the single-story Wilshire Beauty Supply, built in 1930 as a Sontag Drug Store, whose faade will remain.

Marks expects to break ground at the end of 2021, with an opening in 2023, the same year as the debut of the Purple Lines Wilshire and La Brea subway station.

The Wally Marks project on Wilshire will be a class act, said OSullivan.

Marks, developer and owner of the renovated Helms Bakery District retail site in Culver City, and developer Jerry Snyder (who built the Wilshire Courtyard) are known for quality projects, OSullivan commented.

THE RESIDENCES at Wilshire Curson, 285 new apartments in a 20-story building, has topped out, half-way between Sixth St. and Wilshire Blvd.

JH Snyder Company and partner OGO Associates are constructing a 20-story apartment building boasting panoramic views and a rooftop resort pool.

The building has already topped out. To be called The Residences at Wilshire Curson, the project includes 285 apartments in the MVE+Partners design that rises next to the SAG-AFTRA Plaza and across Curson from the Los Angeles County La Brea Tar Pits. The development includes subterranean parking. Opening date is early 2021.

RENDERING shows CGI Strategies proposed mixed-use development on La Brea Ave., adjacent to the subway station.

CGI Strategies plans a hotel / apartment / commercial-use building for the site just north of Wilshire Blvd. on La Brea Ave., right next to a subway station entrance.

The eight-story complex includes 121 apartments and 125 hotel rooms and 13,037 square feet of commercial / restaurant / retail space. The Morris Adjmi Architects design includes two pools on the top floor and has two levels of subterranean parking.

The 210,123-square-foot development is still in the midst of the entitlement process. But things are moving forward nicely, project spokesperson Bruce Beck of DB&R Marketing Communications told us.

But the project has hit some roadblocks.

Its been postponed indefinitely, OSullivan told us. Theyre getting a lot of pushback from neighbors and businesses opposing the added traffic the project would bring to the congested area.

The project will be separated by an alley from the Purple Line subway station. It will back up to residential parking garages on Detroit St., which is already a problem for traffic, say neighbors.

On the plus side, We are going to need a hotel when all the museums open up, and the project will provide living-wage jobs, says OSullivan.

But as it is, it is too ambitious. Theyre going to have to go back to the drawing board.

TOM BERGINS STAYS PUT and a new eight-story, 209-unit residential development is proposed next door.

An eight-story, 209-unit development and 2,500 square feet of commercial space is proposed at 800 to 840 S. Fairfax Ave., at the corner of Eighth St. To the south of the proposed new buildings, the project includes a landscaped plaza on the site of the parking lot at Tom Bergins Bar & Restaurant.

The favorite neighborhood pub will remain. It was declared a Historic-Cultural Monument in June; its parking lot was excluded from the designation.

Applicant Christopher Clifford of Las Vegas Colliers International has filed for an entitlement application with Los Angeles City Planning.

According to city documents, the residential units would be over three levels of garage and commercial space, and there will be underground restaurant parking to replace Bergins present surface parking.

Two existing two-story buildings that contain 40 rent-stabilized units would be demolished. The new development would provide 28 units of extremely low-income housing in exchange for a density bonus, reduced parking and increased floor area, among other benefits.

The MMRA has come out against the project, and the association is in contact with the tenant union that has recently formed, OSullivan told us.

The project design by Reed Architectural Group is among those seeking to benefit from the citys Transit Oriented Communities incentives designed to create more affordable housing. The project is one block from the purple Line Fairfax subway station.

These new developments, if approved, will join recently opened apartment buildings, including The Mansfield, The Avalon, Wilshire La Brea and 5600 Wilshire.

Tags: Miracle Mile Residential Association, MMRA, Sontag, Tallest skyscraper, Wally Marks, Walter N. Marks

Category: Real Estate

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Development in the Mile continues with mostly luxury high rises - Larchmont Chronicle

The global daylight market is expected to grow at a CAGR of over 6% during the period 20192025

New York, March 04, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Daylight Market - Global Outlook and Forecast 2020-2025" - https://www.reportlinker.com/p05868636/?utm_source=GNW Moreover, inspired by installation in new buildings as well as renovation and replacement of existing structures. Daylight systems are used in both residential and commercial facilities, including retail, hospitality, hospitals, educational institutes, government institutes, warehouses, and other industrial facilities.

The increase in green buildings is one of the major drivers for the growth of the daylighting market. Green buildings are known as sustainable and high-performance buildings. These buildings are designed to reduce the overall impact of the built environment on human health and the natural environment by efficiently reducing the use of energy, water, and other resources, protecting the health of the residents, and improving the productivity of employees. Daylight systems are considered an effective way in which a building can meet its sustainable standards, as they can provide an abundance of natural light, which reduces or eliminates the need for electric lighting during the daytime. Further, the rising demand for renewable energy is driving the use of photovoltaic systems. Building-integrated photovoltaic technology (BIPV) can provide aesthetical, economical, and technological solutions for electric self-sufficiency in buildings. It is the most promising technology for harvesting solar energy in urban areas. It offers multiple benefits for buildings, including power generation from renewable energy resources, daylighting solutions, heating and cooling load reduction, and others.

The following factors are likely to contribute to the growth of the daylighting market during the forecast period: Growth of Green Building Activities Sustainability Reshaping Global Construction Market Regulation on Energy Efficiency Driving Skylight Demand Growing Demand for Tubular Skylights

The study considers the present scenario of the daylighting market and its market dynamics for the period 2019?2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market.

Daylight Market: Segmentation

This research report includes a detailed segmentation by products, end-user, installation, and geography. The increase in spending on new office and commercial buildings in China and the growth of residential construction in the US are key contributors to the window segment. The US and China are expected to drive the global demand for windows during the forecast period. The new residential construction will account for the majority of the demand in the coming years.

The rapidly developing infrastructure and construction output in emerging markets are driving the global skylight market. Infrastructural development, renovations, and remodeling of existing commercial and residential buildings would support the growth of the segment. In mature regions such as North America and Europe, growth is mainly driven by product innovations. However, the high installation cost of skylights is a primary challenge for growth during the forecast period.

Curtain or window walls are a popular choice among architects as they allow maximum lights in the building. The primary benefit of curtain walls is they allow natural light into the interior space, reducing the need for artificial lighting, hence reducing electric bills. Further, these curtain walls are airtight and can prevent rain or moisture intrusion. However, maintenance of curtain walls is one of the primary challenges for the growth as they generally require professional expertise.

The rise in renovation activities and growth of commercial properties in major markets, including the US, Canada, China, Brazil, Germany, the UK, Australia, Hong Kong, Japan, and Singapore, are driving the commercial daylight segment. Increasing government regulations and active policies to reduce energy consumption in commercial buildings are boosting demand. Further, active renovation policies are also contributing to growth. A similar trend has also been observed in North American countries where manufacturers are increasingly focusing on environmental sustainability and green building construction. The growing replacement demand for windows and skylights in residential buildings to improve energy efficiency is primarily responsible for the growth of residential daylights. Although construction and expansion of residential units will drive the market, a majority of the demand will be generated from house renovation projects. Modern house decors demand improved aesthetics, which would drive the demand for products such as skylights and curtain walls.

One of the major causes of replacement demand is increasing awareness of energy efficiency among buildings and residential houses. Innovations in energy efficiency are considered a critical tool to fight climate change and deliver major benefits to the people. Homeowners undertake improvement to make residential properties comfortable, upgrade air conditioning and heating systems, waterproof roofs and basements, soundproof rooms, and extend their homes and boost energy savings. Further, the growing demand for photovoltaic, smart, and electric daylight systems is driving replacement demand in both commercial and professional sectors.

The construction sector accounts for approximately 39% of the global C02 emission. Thus, the construction industry is one of the least sustainable industries in the world. As part of the worldwide effort to avert a climate crisis, the urban population requires to evolve away from their reliance on concrete. Several property firms and architects are thus committed to making their buildings zero carbon by 2030. The construction industry is increasingly shifting toward sustainable methods and green architecture, thereby giving rise to innovative designs. The growth of sustainability in construction is driving the market for daylight systems. About 51% of the global construction projects in the next three years are estimated to be sustainable ones. Thus, the rapidly growing construction market in both commercial and residential sectors is expected to increase demand for daylights during the forecast period.

Market Segmentation by Product Windows Skylights Curtain WallsMarket Segmentation by End-user Commercial ResidentialMarket Segmentation by Installation Replacement Demand New Construction

Insights by Geography

In mature regions such as North America and Europe, growth is mainly driven by product innovations. In emerging regions, the rapidly developing infrastructure and construction output are contributing to the growth of the global daylight market. Strong economic growth, coupled with rising construction activities and increasing disposable income, has primarily supported the growth in the APAC region. India, China, Australia, South Korea, and Japan have mainly driven the growth in the region.

The European market is driven by the growth in installation in new buildings as well as high demand from renovations and retrofit activities. The European construction growth is broad-based and will to take place across sectors, including residential, non-residential, and civil engineering, for both new construction and renovation activities, thereby driving the growth of the daylighting market in the region.Strong economic growth, the establishment of new businesses, company expansions, and increased construction activities are mainly driving the demand for daylight in the North America region. Despite strong economic growth, the construction output is declining in the US; however, the declining construction output is being supplemented by higher production in Canada. The residential construction experienced the sharpest decline; in contrast, commercial construction witnessed strong growth in recent years.The fast-growing construction and infrastructural development sector in MEA is driving the market for daylight. Some of the major construction projects in the region include the Strategic Plan of 2021, the Energy Strategy of 2050, Sheikh Zayed Housing Program, Dubai Tourism Strategy, and the National Strategy for Higher Education 2030. The UAE leads the construction industry output in the region and is also one of the most potential markets for daylight in the region. The residential sector accounts for the highest demand for daylights in Latin America. The rise in residential, commercial, and infrastructural construction output in Brazil and Mexico is driving the growth of the market.

Market Segmentation by Geography Europeo UKo Franceo Spaino Italyo Germany APACo Chinao Japano Indiao Australia North Americao USo Canada Latin Americao Brazilo Mexico MEAo UAEo Saudi Arabia

Insights by Vendors

The global daylight market is highly competitive, with the presence of a large number of public and private companies. These vendors typically compete on key parameters such as product design, quality, reliability, support services, and price. Rapid technological advancements are adversely impacting the vendors as consumers are expecting continuous innovations and upgrades of products. The present scenario is driving vendors to alter and refine their unique value proposition to achieve a strong market presence.

Key Vendors VKR Group Anderson JELD-WENOther Vendors Kingspan Light + Air Fakro Sun-Tek Skylights Onyx Solar Group Skyview Skylight Sunoptics Skydome Skylights Lamilux Heinrich Strunz Group Colombia Skylights CrystaLite Inc. Solatube International Daylight America Atrium Windows and Doors Weather Shield Airclos IQ Glass NorDan Arbonia Aluplast Josko Reynaers Aluminium

Key Market InsightsThe analysis of the global daylight market provides sizing and growth opportunities for the forecast period 20202025. Provides comprehensive insights on the latest industry trends, forecast, and growth drivers in the market. Includes a detailed analysis of growth drivers, challenges, and investment opportunities. Delivers a complete overview of segments and the regional outlook of the daylight market. Offers an exhaustive summary of the vendor landscape, competitive analysis, and key strategies to gain competitive advantage.Read the full report: https://www.reportlinker.com/p05868636/?utm_source=GNW

About ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

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The global daylight market is expected to grow at a CAGR of over 6% during the period 2019-2025 - EnerCom Inc.

ROUND ROCK Sometime in the next 18 months, Leander is going to have a downtown square to host concerts, festivals, movies in the park, farmers markets and other events, said a developer.

It will be part of a 115-acre, mixed-use project called Northline that will begin construction next week, said Alex Tynberg, the projects developer.

Northline, which will be between Austin Community Colleges San Gabriel campus and St. Davids Hospital, will include shopping, dining, entertainment, apartments, a hotel, offices and townhomes. The project is about of a mile from the Capital Metro rail line stop.

"This could provide a new downtown for Leander," said Mayor Troy Hill.

Leander also may consider building a new City Hall at Northline, Hill said, but that decision would have to be approved by voters.

The city of more than 60,000 residents has very little restaurant or retail development, and most people go to Cedar Park to shop, officials have said.

"Every town is wanting to do their own version of the Domain," Hill said. "What makes ours (Northline) different is that we have the transportation hub right here.

People from Austin can ride the MetroRail to get to entertainment at Northline, he said.

Tynberg said it will be "a super friendly family destination."

"It will be akin to a downtown where you have all the offerings of a downtown district."

Tynberg said the first phase of construction, estimated to last 18 months and scheduled to begin March 4, will include infrastructure such as roads and utilities, as well as a town square, 350 apartments, a few office buildings and some kind of entertainment, including an opportunity for movie theaters. It is estimated to be completed in September 2021.

The town square will include a stage, a green space, a pavilion, a childrens play area with a water feature and plenty of benches, he said. The goal is to "really make it a heartbeat hub for the entire community," Tynberg said.

When the project is built out over the next 10 years, it is planned to have 300,000 square feet of retail space, more than 700,000 square feet of office space, 150,000 square feet of hotel space, 2,000 apartments and 300 townhomes.

The city is providing $9.54 million to pay for infrastructure, including streets, utilities and parks for the first phase of the project, said spokesman Mike Neu. Northline Leander Development Company is paying $3.87 million for phase one infrastructure, he said.

The city also has a development agreement that Leander will be reimbursed for the infrastructure costs up to $15 million through a tax increment reinvestment zone, he said. Northline Leander Development Company also will be reimbursed through the zone for infrastructure costs up to $12.5 million.

Tynberg declined to say how much the entire project would cost. The city said in a news release last year that it could be worth an estimated $800 million.

The annual property tax revenue could equal about $4.3 million based on the citys current tax rate of 54.1 cents per $100 valuation when the project is finished, the release said.

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Construction to start on town square project in Leander - Austin American-Statesman