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Exterior work is moving along on 329 Broadway, a 17-story mixed-use building in Williamsburg, Brooklyn.Designed bySyndicate Architectureand developed byParkview Management, the 195-foot-tall reinforced concrete structure spans 175,000 square feet and will contain 63 units, more than 59,000 square feet of retail area on the first two floors, and around 24,500 square feet of community facilities on the third and fourth floors. JLJ Capital recently provided $57 million in financing for the project.
Recent photos show the degree to which construction has progressed since YIMBYs September update. The curved outside of the superstructure has been covered in thick black netting and scaffolding, except for the southeastern elevation, as seen in the first photograph. Most of the framing for the perimeter walls is up, but the final curtain wall panels have yet to be fully installed. The main rendering shows the windows surrounded by what appears to be either stone or metal.
329 Broadway (left), photo by Michael Young
Work is proceeding carefully to avoid damage to the adjacent St. Pauls Evangelical Lutheran Church, which sits at the corner of Rodney Street and South Fifth Avenue.
329 Broadway, photo by Michael Young
329 Broadway, photo by Michael Young
329 Broadway, photo by Michael Young
329 Broadway, photo by Michael Young
329 Broadway is one of several new structures that have sprung up along the raised subway lines feeding into the Williamsburg Bridge. Residents will have views facing the bridge and sunsets behind the Manhattan skyline. The relative prominence and isolated position of the edifice will allow a substantial amount of natural light on all sides. Residences begin on the sixth floor and are arranged in a pinwheel pattern, with the elevator core and egress stairs placed in the center along the flat southeastern elevation. The development will also feature 18,000 square feet of private outdoor space, as well as cellar parking for 109 vehicles and storage.
The closest subway station is the elevated platform at Marcy Avenue, which serves the J, M, and Z trains.
A completion date for 329 Broadway has not been announced, though sometime in the second half of 2020 is conceivable.
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Exterior Work Progresses on 329 Broadway in Williamsburg, Brooklyn - New York YIMBY
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The developer of a major project taking over a prominent waterfront spot in downtown Charleston unveiled the name for the property as it broke ground Thursday.
The site, which for decades was the location of the State Ports Authority headquarters, is being converted into a full-service luxury lodging with street-level retail, dining, meeting and event space.
Though the project was introduced at the same time Charleston's mayor was cautioning against rapid hotel development on the peninsula, it was met little resistance and ultimately became an undertaking that deeply involved the city.
That's largely because of a 400-foot stretch of public waterfront access that the developer, Los Angeles-based Lowe, has promised to fund to create an extension of the adjacent Waterfront Park.
Up until now, the project was referred to as the "Waterfront Hotel." But at Thursday's groundbreaking, Lowe revealed that the hotel will be called The Cooper, named for the river that its 225 guest rooms, rooftop lounge and lawn will overlook.
Charleston Mayor John Tecklenburg speaks before Lowe, a real estate company that is based in Los Angeles, broke ground on a hotel that will have 225 guest rooms, retail spaces, rooftop bar and lawn that will be known as The Cooper. The project also includes an expansion of the citys Waterfront Park. The hotel is being built on the site of the former South Carolina State Ports Authority headquarters. Brad Nettles/Staff
The occasion drew state and local leaders, including Gov. Henry McMaster and former and current Charleston mayors, Joe Riley and John Tecklenburg, to the Concord Street site Thursday.
During Riley's 40-year tenure as mayor, increasing public access to the peninsula's waterfront was one of his prized goals. That led to the opening of Waterfront Park nearly 30 years ago.
The waterfront "belongs" to a city's citizens, Riley said Thursday.
Between the groundbreaking of The Cooper and the now-rising International African American Museum, which will feature a publicly accessible landscaped area next to the Charleston Maritime Center, the city is "two giant steps closer to the fulfillment" of that vision, Explore Charleston CEO Helen Hill said Thursday.
Lowe first presented plans for the hotel to the city about four years ago, shortly after Tecklenburg was elected to his first term.
Reining in hotel development was one of the pillars of Tecklenburg's campaign platform, which likely gave the Lowe team pause, the mayor recalled at the groundbreaking.
Charleston Mayor John Tecklenburg (left) and South Carolina Gov. Henry McMaster heat their hands up after a groundbreaking for the new hotel The Cooper. Lowe, a real estate company that is based in Los Angeles, broke ground on a hotel that will have 225 guest rooms, retail spaces, rooftop bar and lawn. The project also includes an expansion of the citys Waterfront Park. The hotel is being built on the site of the former South Carolina State Ports Authority headquarters. Brad Nettles/Staff
But when Tecklenburg learned that the project included an extension of public waterfront access on the harbor and that Lowe was going to pay for it he was on board.
Tecklenburg said the project helped to inform what he asks other developers who are trying to build hotels in Charleston.
"What is the public purpose?" he said he asks.
Dan Battista, Lowe's vice president for development in Charleston, said he's had his eye on that stretch of waterfront since he first came to Charleston about 15 years ago.
Battista acknowledged making frequent calls to State Ports Authority CEO Jim Newsome about the property. The agency had housed its headquarters in a large brick building on the site since the early 1970s.
Lowe bought the parcel from the maritime agency in 2017 for $38 million, still one of the top real estate sales on the peninsula. Last year, the SPA moved to its new building at its Wando Welch Terminal in Mount Pleasant, prompting the demolition of the offices and clearing the way for Lowe's hotel.
Rob Lowe, a co-chief executive officer for the California developer, said Thursday that he anticipates The Cooper will be "among (the) company's greatest achievements."
Lowe has had a significant stake in the Charleston area for decades. It has owned Wild Dunes Resort on the Isle of Palms for 30 years.
The company has updated and expanded the resort in the years since, and is currently adding a 153-room hotel to the property.
And Lowe's investment in the Lowcountry is growing. During the groundbreaking, the firm announced that the company will establish a Southeast regional office in Charleston, led by Battista, to support current and future projects in the Lowcountry.
Rob Lowe speaks at the groundbreaking of The Cooper Hotel Thursday, Feb. 20, 2020. The 225 room waterfront hotel is being Built on the site of the former South Carolina State Ports Authority headquarters. Brad Nettles/ Staff
Lowe expects to open The Cooper in 2022.
Matt Walker, who heads hospitality and resort development for the company, said that, except for the name, plans for the hotel are "almost entirely intact" from what they were four years ago.
The outdoor pool, elevated on an outdoor terrace, will have an infinity edge. A dedicated public elevator will be available to take visitors up from the park to the rooftop lounge, which will have views of the harbor from six stories up.
Lowe is also building a new dock and marina facility where boaters can park their vessels during the day while they visit the hotel for shopping or dining.
As for the food and beverage program, Walker said he couldn't divulge details yet.
"All I can say is, it's going to be great," he said.
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Hotel that broke ground this week will extend Waterfront Park in downtown Charleston - Charleston Post Courier
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The Bank Building at 699 14th St. NW integrates an 11-story office tower and the renovated Federal-American National Bank.
A venerable bank building just blocks from the White House is shaping up to become a trophy office asset with an eye-popping set of rooftop balconies and a lobby that will play host to multiple restaurants.
Built in 1926, the former Federal-American National Bank branch has stood vacant on the corner of 14th Street and G Street for almost 25 years. But a plan to renovate the building and to integrate it with a new, 11-story office on a neighboring lot is finally coming to fruition.
The Bank Building, at699 14th St. NW,developed byLincoln Property Co. and owned byCara Real Estate, will rise on what is one of the last pockets of undeveloped land in downtown Washington, D.C.
We felt we had an opportunity to tie together the old and the new, said Adam Biberaj, senior vice president of the D.C. leasing team for Lincoln. We wanted to restore as much as possible and incorporate the historic structure with the ground-up development, making sure to maintain their connectivity.
The new portion of the building will offer 125K SF ofClass-A officespace over11floors. Biberaj said the area is popular with law firms, private equity firms and government affairs firms, all of which appreciate the proximity to bothCapitol Hilland the West Wing, not to mention the property'sone-block walk toMetro Center, where four transit lines converge.
While no leases have yet been executed, Lincoln has been in talks with several potential tenants interested in both partial and full-building uses. The firm is still receiving proposals, and with the building set to deliver in March 2021, Biberaj expects the company to announce the future tenant or tenants this summer.
Unlike many assets in downtown Washington, 699 14th offers floor-to-ceiling windows.
Renovations inside the former bank portion of the building are ongoing, but construction on the new building has just reached the ground level. Because it is being built from the ground up, Biberaj said, The Bank Building offers what many repositioned buildings in D.C. cant, such as 10-foot floor-to-ceiling windows, private balconies on every floor, and private and shared terraces atop both the former bank and the new building.
Were seeing record-low unemployment, and many firms are turning to their real estate to attract and retain the best talent, Biberaj said. But with so much new office space being delivered across D.C., we knew we had to go above and beyond in order to deliver the best tenant experience possible.
The Bank Building boasts a shared rooftop terrace on the 11th floor, as well as private tenant terraces on the fifth and 10th floors.
Lincolnsoriginal planwas to turn the five-story bank structure into a plush lobby for the building behind, complete with retail offerings. However, the owners now have proposals out to multiple restaurant groups interested in turning the banks original floor and the vault below into eateries, according to Lincoln Property Co. Senior Vice President Merrill Turnbull. Including the galleries above the two-floor atrium, the former bank building will offer 40K SF of retail space.
No retailers or restaurateurs have been chosen, but several Michelin-starred chefs arereportedlyin the mix to take over the space. Turnbull said the design team has tried to make the best possible use of the space, including turning vaults on the lower level into private dining areas and crafting installation pieces out of found objects like the original safety deposit boxes.
The renovated second-floor interior is being considered as a location for multiple restaurant concepts.
This is not just the coffee and breakfast caf that you might have on the first floor of another building, Turnbull said. We wanted to create a variety of options, from the everyday lunch to the business account lunch to the private dinner.
He added that he sees the retail and dining options as integrated amenities just as crucial to tenants as the buildings fitness center, penthouse conference center and bike room. The projects designers and architects have planned the layout so that office tenants can move seamlessly from their brand-new suites to the historic building next door.
A private dining room built into the bank's former vault.
Biberaj said it has beengratifying to see a Washington landmark get a new lease on life. The banks limestone facade is in the process of being restored, which is brightening its exterior aspect and curb appeal. Inside, teams are restoring the tiled floor and plaster ceiling of the banking hall to their former glory, and the contractors have resuscitated a massive chandelier that remains in the banks main hall.
This property has always been a hole in the fabric of one of the most dynamic markets in Washington, Biberaj said. Now the building is going to be Washingtonssignature creative trophy office destination, and I believe its really going to invigorate the whole area.
This feature was produced in collaboration between the Bisnow Branded Content Studio and699 14th St. NW. Bisnow news staff was not involved in the production of this content.
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Rooftop Terraces And Michelin Stars: A 100-Year-Old DC Bank Gets A Modern Twist - Bisnow
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Designer Rebecca Taylor storeproject by Sweeten contractor David
Opening a physical brick-and-mortar store is a bold and energizing step. Its a chance to create a walk-in version ofa business youve beengrowing, ora tangiblerealization of a long-awaited vision to be your own boss.
The cost of opening a retail location for, say, a clothing, beauty boutique, or art gallery can slide from pricey to economicaldepending on what you want. Chain Store Ages annual survey of retail build-outs put the average cost at $56.53 per square foot. If you use that formula, then it will cost $280,000 for a 5,000-square-foot store build-out. In another example, an entrepreneur in Austin, Texas, only spent $7,650 on a build-out for Little Green Beans, a childrens consignment store for clothing and toys, according to Inc.(The business owners breakdown of costs were: $4,000 construction to customize the space, $3,500 for shelves, racks, etc., and a mere $150 for a handyman).
Dont be too overwhelmed by this figure. As the name suggests, theabove survey takes into account bigger stores that are more commonly found in malls than a Main Street space in an older building. A simple build-out for a smaller storeminor construction, a coat of paint, shelves, and rackscan cost under $10,000. It all depends on the scope of work and what finishes you want.
To figure out this wide world of retail build-out budgets for your project, Sweeten, a free service matching business owners with vetted general contractors, offers a few areas to consider.
Design
If you choose to hire a designer or architect (not everyone does), expect that to take 20 percent of your renovation budget, according to Sweeten architect Carla. That could mean $40,000 in a $200,000 budget.
Retail projects can be as small as custom shelving for storing product, using existing electrical wiring, andapplyinga fresh coat of paint. With a build-out that basic, you might avoid the need for permits, thus eliminating the need for blueprints to be approved by an architect. However, if youre serious about optimizing the size of your space and carefully planning the customer experience, then its best to bring in the big guns. What do you want the customers to experience? What do you want them to see when they first walk in? said Carla. Then there are the more technical design elements like handicap accessibility and whether or not you need a bathroom. These are best handled by an architect.
Electrical
The Chain Store Age survey put the cost of interior lighting at $3.30 a square foot. As mentioned above, electrical can be kept simple by using existing wiring and even fixtures to keep these costs down.
Scott, another Sweeten contractor, has worked on retail build-outs where electrical has been as low as $10,000 or as high as $100,000. Splurges in lighting often come from a client wanting specific light fixtures that are in line with their brand. Altering the position of each light to highlight store product or fixing up existing, decrepit wiring could increase your budget for electrical. Once you get into more serious work, your project might also require the additional cost of applying for permits that could also delay your timeline, Scott said.
And it isnt just lighting that needs to be considered. If your business has additional power needs, such as a salon or a dog groomer with equipment like hair dryers, it is best to assess what power burden your ideal store location can handle before signing a lease. That way, you can either find another location or factor in an electrical upgrade into your budget if necessary.
Plumbing
This area of the budget will largely depend on:
A. Is there is a bathroom?
B. If no, then would you like a bathroom?
C. If you have one, will it stay in the same place?
If there is a bathroom, then it is possible to freshen it up with a coat of paint. If there is no bathroom, you should consider if it will help your business and your staff (otherwise they might have to close the store whenever they need to use a restroom). You want to keep customers in your store rather than give them a reason to leave, said Scott, on why a bathroom might help.
A very basic bathroom could set you back $3,000 to $6,000, according to Cost Helper. It could attract additional costs if the location is far from water and sewage lines and if you need the help from a structural engineer. A plumbing permit will also be needed. Moving a bathroom will gather similar costs with the added line item of demolition. If your business has unique needs like a washing station for a hair salon, that will be another cost to factor in.
Flooring and ceiling
In a retail build-out, flooring on average takes up $2.76 per square foot in a budget and ceilings take $1.81, according to Chain Store Age. If there are no structural issues with the flooring (again, check your lease to ensure the landlord is responsible for these costs), then what you do to the floors will likely just be cosmetic. If that is the caseyoure re-varnishing existing floors or laying some tilesthen the project likely wont require a permit, according to Colin,a Sweeten contractor.
HVAC
The cost of either fixing, replacing or installing an HVAC system costs on average about $2.61 per square foot or about $13,000 for a 5,000-square-foot space. Like everything else, this average can swing in either direction based on what you have, what you want, and what you can afford.
One way to avoid this cost entirely is to negotiate a lease that puts the responsibility of the HVAC system onto the landlord, according to Colin. As an alternative, you can volunteer to take care of the HVAC system and request that the landlord give you three months of free rent. If it is a simple step of replacing the air conditioning unit with something modern, it likely wont require a permit, said Scott.
Millwork
On average, retail build-outs spend almost $10 a square foot on display fixtures or millwork, according to the Chain Store Age survey. Thats roughly 20 percent of an average budget. But of course, it all depends on your vision for your store.
The three factors that determine how expensive your displays will be are material, quantity, and what space they need to fit into, Scott said. The cost of simple wood from Home Depot will pale in comparison to teak from Brazil. Spaces, especially older ones, can also have quirks in them that need to be incorporated into the design of your shelving. There can be a lot of bends and cuts that you have to fit the wood to, said Scott. That can consume a lot of time and add more to the cost.
Paint
Getting to the paint stage means you are close to the finish line. Your walls need to be prepared first, which might be your priciest point, according to Bill, a Sweeten contractor. Another element that will affect your paint budget is if the color is flat, which is generally a better value than a semi-gloss. Also, the darker the color, the more coats of paint you will need, Bill said.
Real-world retail example
To put things in perspective, here is an actual retail renovation budget for a New York beauty salon from Sweeten contractor Paul:
Opening a physical store is an exciting moment for a business. Whether its a simple build-out or one with more moving parts, theres a path for you to bring your storefront into the spotlight.
If you have an office thats in need of a renovation, whether you want to update an existing space or move somewhere new, weve got an office renovation cost guide thatll help you plan for the future of your business.
Sweeten handpicks the best general contractors to match each projects location, budget, and scope, helping until project completion. Follow the blog for renovation ideas and inspiration and when youre ready to renovate, start your renovation on Sweeten.
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Commercial Guide: Your Retail Renovation Budget
A familiar Dallas property is getting a reboot with a new name.
Developer Stream Realty Partners bought Uptowns landmark Quadrangle retail and office center last year and announced plans for a redo.
Now Stream Realty is disclosing more details, including a new identity for the 4-acre development.
The real estate firm is calling its project The Quad.
Redevelopment plans include construction of a 12-story office tower plus new retail space on the two-block property at Howell and Routh streets near McKinney Avenue.
Over the last year, we have cast a vision for The Quad that will reestablish the gravitational pull it had in Uptown for several decades, Ramsey March, Stream Realty managing director, said in a statement. We believe the location, design and amenity offering appeals in particular to creative-class tenants looking for something different in Uptown.
Designed by Dallas architect Omniplan, the 335,000-square-foot office building will include The Quad Club on the top floor, an amenity center with tenant lounge, conference center and terrace overlooking downtown Dallas and Uptown.
At the corner of the existing shopping center, Stream Realty is building five retail bungalows with 15,000 square feet of space for food service and restaurant tenants.
With the propertys unique combination of office space and retail experiences, The Quad will attract tenants of all kinds, bringing a new level of vitality to the Uptown area, Stream Realtys J.J. Leonard said.
Construction on the project is set to start this summer, and completion is set for late 2022.
Built in 1966 as a Southwestern-style compound of one-of-a-kind shops and small office spaces, the Quadrangle has gone through several renovations. A redevelopment in the 1980s added an office building and changed the original exteriors of most of the buildings.
Stream Realtys new office building at The Quad is one of several new high-rise office and residential buildings on the way in that area of Uptown.
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Landmark Uptown retail and office project is now called The Quad - The Dallas Morning News
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Joe Malinconico, Paterson Press Published 1:14 p.m. ET Feb. 20, 2020 | Updated 9:29 p.m. ET Feb. 20, 2020
Some NJ towns are looking to redevelop to revive business districts, meet affordable housing requirements and cater to changing consumer tastes. NorthJersey.com
Developer Charles Florio gained city approval Wednesday night to build 154 apartments in a six-story complex at the site of the former Greenbaum furniture store in the middle of Patersons downtown business district.
Florio said construction on the $45 million project on Washington Street which officials said would become the largest housing development in the downtown area will begin within six months.
It represents the second housing complex being done in the area by Florio, whose initial investments in Paterson focused on building and renovating several thousand apartments in impoverished and crime-plagued neighborhoods.
Florio is finishing work on a 30-unit project on Ellison Street, which is across from City Hall and a block away from the Greenbaum location.
I believe this project will help revitalize the downtown district by bringing in life, Florio said. Our vision for downtown is to transform the local economy and create a vibrant downtown.
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Florios Washington Street project would include retail space at street level, according to the application approved Wednesday by the Paterson Planning Board. Residents of the apartments including 51 studios, 86 one-bedrooms and 17 two-bedrooms would park at a garage owned by the Paterson Parking Authority on Broadway, under an agreement between Florio and the authority.
Mayor Andre Sayegh and Greater Paterson Chamber of Commerce Director Jamie Dykes were enthusiastic about Florios plans.
We are doubling down on developing our downtown district, Sayegh said. This project will bring vibrance and vitality back to our commercial core. Paterson is in growth mode.
Dykes said the citys downtown businesses were in dire need of the pedestrian traffic that new housing in the area would create. Dykes said many of the commercial buildings in the downtown have vacant second floors. He said converting that space into apartments would greatly benefit the businesses.
Dykes also noted the boost to the citys tax base that projects like the one being done by Florio would bring. Patersons tax base has increased by more than $500 million over the past two years, hitting $6.2 billion in 2020, according to the citys application for state transitional aid. But the tax base remains more than $2 billion behind where it was a decade ago, according to public records.
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Paterson approves apartment complex, to be the largest housing development downtown - NorthJersey.com
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A vacant 33,000 square foot lot located at 800 South 5th Avenue, once owned by the Village of Maywood, is the site for the new development.The adjacent 5th Avenue corridor is a pedestrian-oriented commercial corridor in the Village, allowing future tenants easy access to transit, education, and retail.The building will be comprised of studio, one-, two- and three-bedroom residential units along with interior and exterior shared community spaces for resident use. It also includes approximately 5,500 square feet of retail space on the ground floor, currently slated for development into a grocery store, addressing the lack of this amenity in the area. Residential parking will be provided off the alley behind the new building, with commercial parking provided along 5th Avenue. New diagonal parking will also be added on surrounding streets to help accommodate additional residential guests and commercial users as well.
"This historically-underserved part of metro Chicago has proven a strong need for quality affordable housing, and we are thrilled to have this project ploughing ahead to meet that need," said Perry Vietti, the President of Interfaith Housing. "This development has been specifically designed to serve working families and individuals and some special needs populations. Slated for opening in early 2021, we could not be more thrilled to now have this important community resource coming out of the ground."
Maintaining its affordability status for a minimum of forty years, the five-story development will provide affordable housing for households at or below 60 percent of area median income (AMI). Sixteen of the units are designated for households at or below 30% AMI; twenty-eight units are for households at or below 50% AMI; and twenty-eight units will support households at or below 60% AMI.Nineteen of these units will be targeted to special needs populations, including 8 units set aside for homeless veterans and 11 units for tenants selected from the Illinois State Referral Network.
According to Toni Preckwinkle, the President of the Cook County Board,"Investment in affordable housing is critical to communities throughout Cook County. Half of the residents of Cook County are rent burdened, which means they pay more than 30 percent of their income in rent. With rental prices rising and gentrification moving in Chicago, it's more important than ever to recognize that housing is a human right."
The development has been designed by national integrated architecture and engineering firm, HED, and is being constructed by Chicago-based McShane Construction Company. The IHDC development team established early in the project a desire to achieve high levels of environmental sustainability, in an effort to best serve its resident population health as well as that of the surrounding neighborhood.
In 2018, Fifth Avenue Apartments was one of only a dozen projects nationwide, and the only one in Illinois, to be selected to participate in the International Living Future Institute's (ILFI) third round of the Living Building Challenge Affordable Housing Pilot Project program.
"As a project selected for the Living Building Challenge's affordable housing pilot program, we have enjoyed developing this design alongside this important sustainability advocacy platform, identifying the current challenges of pursuing this extreme green approach to design in the State of Illinois," said Susan King, Principal in Charge with HED. "While the project could not feasibly achieve the current certification expectations, IHDC's participation in this pilot effort will ultimately benefit countless affordable housing projects around the country in the future as the research continues to develop."
Additional project team members supporting the design and development of the Fifth Avenue Apartments project include SITE Designfor landscape architecture, and Ericksson Engineeringfor civil engineering. Property management will be provided by Interfaith Management Services, an affiliate of Interfaith Housing Development Corporation, that currently manages the 12 affordable developments that Interfaith owns.
ABOUT INTERFAITH HOUSING DEVELOPMENT CORPORATIONIHDC's mission is to develop long term affordable housing for low-income, underserved populations in collaboration with local communities. As a nonprofit 501(c)3, IHDC develops high-quality, financially and environmentally sustainable, affordable housing for low-income individuals and families with supportive services as a foundational strategy. In its 25-year history, IHDC has created 17 affordable housing developments that ranged in size from 15 to 135 units, in total, generating 768 permanent supportive housing units and 75 transitional units to-date. To learn more please visit http://www.ihdc.org.
ABOUT HED HED seeks creative solutions that have a positive impact for its clients, the community, and the world. HED has earned a reputation for excellence in all facets of the designed and built environment, including architecture, consulting, engineering, and planning services. The firm of over 470 staff serves clients in a broad range of markets from eight U.S. offices (Boston,Chicago,Dallas,Detroit,Los Angeles,San Diego,San Francisco, andSacramento). See how HED advances your world atwww.hed.design.
ABOUT MCSHANE CONSTRUCTION COMPANY McShane Construction Company was established in 1984 and is headquartered in Rosemont, Illinois with regional offices in Auburn, Alabama, Irvine, California, Madison, Wisconsin and Phoenix, Arizona. The firm offers integrated design/build and build-to-suit construction services for the multi-family, retail, office, recreational, hospitality, educational, healthcare, distribution, manufacturing and food processing markets. For more information, visit the firm's website atwww.mcshane-construction.com.
Media contact: Emily Havelka, ehavelka@hed.design
SOURCE Interfaith Housing Development Corporation
http://www.ihdc.org
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Interfaith Housing Development Corporation Celebrates the Groundbreaking of Fifth Avenue Apartments - PRNewswire
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February 20, 2020 | by Lawrance Binda
Renovation of the Swallow Mansion nears completion on the 1000-block of N. 6th Street in Harrisburg. The project has received a Dauphin County gaming grant.
More than 80 projects in Dauphin County will receive gaming grants this year, as the Dauphin County commissioners have approved $6.3 million in awards.
Harrisburg-based companies and organizations will receive a number of grants, the awards originating each year from the countys share of gaming revenue generated from Hollywood Casino at Penn National.
In Harrisburg, many of the projects are geared towards either removing blight or offsetting redevelopment or construction costs. These include:
Harrisburg city will receive two grants:
The majority of these projects create jobs and further investment and make our county more attractive to companies looking to either expand or relocate to our area, said Commissioner Mike Pries, in a statement.
Each year, Dauphin County makes these awards based upon a portion of casino gaming revenue and upon the recommendation of the countys five-member Gaming Advisory Board. Last year, the county awarded $6.4 million in grants to about 60 projects.
The following is a complete list of the projects that will receive gaming funds this year, according to Dauphin County:
Host & Contiguous
Other Awards
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Numerous Harrisburg projects receive funds as Dauphin County awards gaming grants - The Burg News
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The proposed redevelopment project is set to revitalize downtown and draw in Fortune 500 companies to over 350,000 sq ft of office and retail space. Morristown Daily Record
MORRISTOWN With a number ofnew projects on the horizon, the townwill welcomeThe Cambria Hotel and Suites its first new hotel in the last 40 years.
Constructionis set to beginwithin six months at the location between Market and Bank streets following the last of the approvals granted to property owner, Sunstone Hotels Morristown, LLC, just last week.The seven-story "boutique hotel"will be within walking distance of The Green and feature 114 guest rooms, ground-level retail space, valet parking and a 2,500-square-footupscale restaurant and lounge.
"This is an economic driver for the community. We're hoping to cater to weekend guests, families that want to enjoy the historic sites in Morristown, it's going to be really exciting and unique," said project attorney Frank Vitolo.
The new seven-story Cambria Hotel and Suites is slated for a groundbreaking this year in Morristown.(Photo: Sunstone Hotels LLC)
Inside, the hotelwill include1,500 square feet of conference room, penthouse suites with balconies overlooking Market Street and a fitness center for hotel guests. An art component is slated for the interior of the hotel with plans to integrate unique artifacts of Morristown and photos.
At ground level, the building will house retail space and coffee shops for the public. With no space for on-site parking, 65-valet only parking spaces will be available on the roof of the Dalton Garage on Cattano Avenue.
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The Cambriais set on 20 Market and 14 and 30 Bank Streets.Although a six-story zoned area, Vitolosaid the planning board granted zoning variances for the hotel.
Due to a grade change,the hotel will stand six stories on Market Street and seven stories on Bank Street, according to project plans. On the site, demolition of the previous building is underway but is expected to finalize in the next two weeks.
The new hotel joins two other bedding optionsin town including the Hyatt Regency on Speedwell Avenue and the Best Western Plus on South Street. According to Vitolo, The Cambriawill have a "lower price point than the Hyatt." The Cambria will also compete with new bed and breakfast options that could open following the town's new Bed and Breakfast ordinance approved last November.
The new Cambria Hotel and Suites will sit a block away from the Morristown Green and feature 114 guest rooms.(Photo: Sunstone Hotels Morristown LLC)
Last month, Morristown Mayor Tim Dougherty described the town as "a desirable location in Morris County" with new opportunities slated for this year.
Last year, the townsaw a commercial boom and welcomed30 new businesses, five new restaurants and 13 professional and service businesses. This spring, a newrevolutionary war-themed brewery is set to openalong with the additionof Millburn Deli.
In addition,severalprojects are in the works including the rehabilitation of Pioneer Plaza starting this spring and the construction of a new 506-space parking structure behind the Post Office on Morris Street. The town's new office and retail project calledM Station is also underway.
A Market Street building compromised during renovation was demolished overnight February 27, 2019, in Morristown. Morristown Daily Record
Jessie Gomez is a local reporter for DailyRecord.com and NorthJersey.com.For unlimited access to the most important news from your local community,please subscribe or activate your digital account today.
Email:jgomez@gannettnj.comTwitter:@jessiereport
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Morristown to get its first new hotel in 40 years - Daily Record
An architectural rendering of the renovated building (the former Warwick Hotel), located at 1315 Gravier St., which will include 154 apartments for graduate students, researchers, physicians, faculty and other affiliates of Tulane's expanding downtown campus. The project will also add ground floor retail space and dining options.
Tulane University has signed a long-term lease with the owners of the former Warwick Hotel, a 12-storybuilding located at 1315 Gravier St., adjacent to Tulane University School of Medicine. The university plans to fill 154 apartments of the renovated building with graduate students, researchers, physicians, faculty and other affiliates of its expanding downtown campus.
The project will also add ground floor retail space, including a fullservice restaurant, coffee shop, grab-and-go food options, patio space and lounge seating.Renovation of the long-dormant building is slated to begin this month and completed no later than August 2021.
Redevelopment of the Warwick, which was built in 1952but has been vacant since shortly after Hurricane Katrina, is part of Tulanes overall strategy to expand its campus downtown, where it already occupies 17 buildings. The university also plans to be the anchor tenant in the redevelopment of the Charity Hospital building, filling more than 350,000 square feet of the one-million-square-foot structure with laboratories, classrooms, offices and more.
The Warwick and Charity projects are prime opportunities to exponentially expand the universitys size and research mission, while also bolstering the creation of a robust research and commercialization ecosystem in the heart of the city, Tulane President Mike Fitts said.
Cities everywhere have been renewed and transformed by local universities, especially those located near their downtowns. This is Tulane and New Orleans shared future.
As a model for such success, Fitts points to Nashville, Pittsburgh, Columbus, Ohio, and other cities that have been revitalized through the power of their local universities.
Both the Warwick and Charity redevelopments will place a sizable portion of Tulanes research enterprise in close proximity to the citys burgeoning Innovation District, increasing the likelihood that university discoveries and breakthroughs will find their way to the market. With the Warwick site, Tulanes downtown campus will also be physically connected to vital civic assets such as Duncan Plaza and nearby City Hall, as well as the main branch of the New Orleans Public Library.
Having more Tulane students, scientists, faculty and over half of its staff downtown also promises to growa neighborhood of retail shops, entertainment venues and ancillary businesses throughout the area.
This is the first of many improvements we expect to occur in theSpirit of Charity Innovation District.This particular project will not only work to aggregate more talented Tulane researchers, students, and professionals in the Charity District, but we expect this project toenliven a property that has been vacant for well over a decade.We also expect this property to trigger an improvement in the surrounding street experience, as well as provide a catalyst for area business growth, said Tulane Senior Vice President, Chief Operating Officer and Treasurer Patrick Norton.
Local economic development leaders share Tulanes enthusiasm for the project.
Tulanes expansion into downtown New Orleans is one of the most exciting and potentially impactful developments of our generation for both Tulane and New Orleans, said Michael Hecht, president and CEO of Greater New Orleans, Inc.With the addition of the Warwick, Tulane is taking a significant step towards integrating with the fabric of downtown New Orleans. The result will be a revitalized urban core that becomes a nexus for research, teaching, and overall economic development. This will elevate both Tulane and New Orleans on the national and global stage.
Andy Kopplin, president and CEO of the Greater New Orleans Foundation and chairman of the BioDistrict New Orleans, highlighted the role a redeveloped Warwick Hotel will play within the Spirit of Charity Innovation District, the neighborhood surrounding Charity Hospital. The Foundation, the city and other partners are working to revitalize the district as an economic engine that will produce jobs in health care, biomedical research and other high-tech industries while also creating a walkable, residential and retail neighborhood.
Tulanes decision to dramatically increase its research presence downtown is exactly the kind of investment the Greater New Orleans Foundation hoped to inspire when we undertook our strategic planning process to create the Spirit of Charity Innovation District two years ago, Kopplin said We have the ability to create a place that can attract thousands of good jobs and be known for equitable and inclusive development, and Tulanes investments and commitment to those goals is a huge catalyst that will help bring that vision to life.
New Orleans Redevelopment Fund (NORF) is the developer of the project, which is part of NORFs new Qualified Opportunity Zone Fund, NORF 3. Tulane alumni Alex Hernandez and Mike Niemtzow founded NORF and know 1315 Gravier to be a perfect fit for Tulane and the city.
Were thrilled to partner with Tulane as it executes on its bold vision for downtown. Further, as a fellow New Orleanian, I am incredibly excited for the positive impact this development brings to the neighborhood and Duncan Plaza. Despite the challenges and complexity of this project, we were able to utilize our unique expertise in Qualified Opportunity Zones and Historic Tax Credits to make this an attractive project., said NORFs Development Director Cullan Maumus.
Hernandez Consulting & Construction is the general contractor on the project. Albert Architecure & SCNZ are the architects of record.
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Tulane to lease former Warwick Hotel, greatly expanding its downtown campus - News from Tulane
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