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Legado public hearing postponed -
November 21, 2014 by
Mr HomeBuilder
A public hearing regarding the mixed use redevelopment proposal for 1700 S. Pacific Coast Highway, scheduled for today,Thursday, Nov. 20, has been indefinitely postponed. According to Legado spokesperson Heather Lee, the meeting was postponed since there wasnt a quorum of planning commissioners slated to attend. The meeting will be rescheduled with proper 10-day notice.
The 4.275 acre Legato project site is currently developed with a 110-room hotel (Palos Verdes Inn) and 28,354 square feet (SF) of retail space, including a 21,130 SF former Bristol Farms grocery store and 7,224 SF of other retail space. The project calls for the demolition of all on-site retail space, the construction of a mixed use (residential/commercial) development and renovation of the existing hotel. The mixed-use development consists of 180 residential apartment units including affordable nine units for very low-income qualified residents. The applicant (Legado Redondo, LLC) has requested a density bonus, which includes a waiver of development standards (height and stories) and parking standards.
Lee said in October only one of the buildings in the proposal would be four stories and it will be placed farthest from the street frontage. Two other buildings will be three stories.
These buildings are all residential and will be equipped with flat solar panels on the roofs to make the units energy efficient, she said.
As currently planned, the commercial component will consist of approximately 37,600 SF of neighborhood-serving commercial development. A total of 614 parking spaces, all of which will be underground, will be provided, with 552 spaces in a parking structure, and the remaining 62 spaces in a surface parking lot.
There will be no above ground or additional parking structures. The residences have been designed for three and four stories to accommodate the public open space. This will be one of the greenest mixed use projects of its kind, Lee said.
The project includes 30,599 square feet of public open space and 49,506 square feet of private open space for residents of the community.
We will create the highest and best uses of this 4.275-acre project site by efficiently integrating high-quality residences, a beautiful, inviting public space and desirable retail services using a design and scale that will blend well with the surrounding neighborhood and will preserve the charm of the Redondo Beach community, she said.
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Legado public hearing postponed
The future of the long-vacant remaining portion of Foster Citys 15-acre site is taking shape as two new developers have come on board to construct the retail and for-sale residential components of the multi-million dollar senior housing project.
Adjacent to City Hall, the city sold its last remaining piece of undeveloped land, that was once considered for a high school when it was 30 acres, for $30 million in November 2013 to the blanket developer The New Home Company. The site off Foster City Boulevard is already starting to bustle with streets being laid. Construction of the very first building will begin Dec. 8, said Community Development Director Curtis Banks.
The council has had a vision for this project for a number of years and its exciting to see that coming to fruition, Banks said. The community is excited to see the vision of the property coming about and you can see now the construction activity has started with the construction of infrastructure and in the near future you can see the start of construction of those buildings.
The entire site is slated to host 155 assisted living units, 66 affordable units, 200 for-sale condominiums, a community plaza and approximately 35,000 square feet of retail and commercial space. With the site being made up of differing housing categories, the New Home Company planned to piecemeal the construction to developers with varying specialties.
On Monday night, the City Council approved allowing Lennar Homes of California to construct the 200 for-sale units and for BHVCP Centerstreet Properties to own and manage the retail component below the affordable and assisted living units, according to city staff reports.
Foster City-based MidPen Housing was assigned the affordable housing component, which served as the linchpin for the entire site since the citys development agreement required the low-income units be constructed first. Atria Senior Living was chosen earlier in the year to develop the assisted living portion of the project.
What Im most pleased with is that [The New Home Company] has selected three outstanding and, as far as Im concerned, the best in their field, Councilman Steve Okamoto said. I think were in pretty good hands.
The New Home Company originally planed to construct the for-sale units, however, it opted to transfer its rights to Lennar instead. Banks said he couldnt speak to the rationale behind the change of plans and The New Home Company did not return a request for comment.
Lennars 200 for-sale units will be made up of two-, three- and four-bedroom units spread between several buildings. The 60-year-old development company is one of the nations largest home builders, boasts a market capitalization of over $8 billion, has constructed more than 750,000 homes in the United States and has experience in senior living arrangements, according to staff reports.
These are all companies that are in the top in their field and it was designed this way because it was a better and easier way to finance the [entire] development, Mayor Charlie Bronitsky said. Therere several different kinds of care and facility types and to be able to bring in those with expertise in that particular kind of development gives us the best of both worlds.
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Foster Square proceeds with new developers: Citys long-vacant site to be home of seniors, retail space
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Almost 50 new jobs will be created if expansion plans at Silverlink Shopping Park are given the go ahead.
Property firm The Crown Estate has unveiled intentions to extend the North Tyneside retail park in a 29m redevelopment scheme that will see a host of high street names join the existing line-up of shops and restaurants.
The company which owns the sovereigns land and properties also plans to create new jobs as part of the scheme, which could begin early next year.
The plans come four months after The Crown Estate took back the area leased to Silverlink Travelodge, saying it was considering options for the future of the site.
Now those options have come clear through a planning application submitted to North Tyneside Council, revealing major expansion plans at its Silverlink Shopping Park one of 16 it owns across the UK.
The application details how the former Travelodge site opposite the park will be converted into a new retail scheme.
The proposal would see the old hotel replaced with 102,000sq ft of new retail space split into four units, the largest of which would be earmarked for a flagship Next Home and Garden store.
Part of the plans would also see The Crown Estate work in partnership with North Tyneside Council to deliver two training packages, creating almost 50 new construction jobs for young people, as well as seeing the firm providing funding for improvements to roads and footpaths around the site.
Improved footpaths linking the site to Coast Road bus stops and the creation of a new lane for the A19 to improve access for motorists, have also been put forward.
Potential roadworks would coincide with the Highways Agencys proposal to sink the A19 under the Coast Road, which is due to begin in 2016.
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Silverlink shopping park set for 29m expansion which could create 50 new jobs
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By Tom Momberg
tmomberg@ benningtonbanner.com @TomMomberg on Twitter
BENNINGTON >> Catamount Glassware Inc., is in the process of an expansion and renovation of its County Street factory, that will bring a new retail operation to town this spring.
Adam Volpi, vice president of operations at Catamount Glassware, 309 County St., said that the new retail store and 16-handle beer and soda taproom will be finished before March for a soft opening in mud season.
Catamount had a retail shop in the 90s, but closed it soon thereafter. This store will be different. Once finished, the new 900-square-foot space will be more than just a store, but also a space to sit down, have a beer and take a growler to go. Beverages from local breweries and soda makers will be served out the very of the custom glassware that Catamount makes for them.
To round out the new store as something for everyone, the store will sell Catamount's labware and cookware, beer and wine paraphernalia, as well as gift sets and apparel from various local breweries. Volpi also said he would eventually like to get involved with craft demonstrations, and sell accompanying beer and soda-making kits.
Catamount Glassware was established in 1979, and moved to County Street in 1984. The company designs glassware, and specializes in screen printing its own products, as well as the custom glassware requested by all of its clients. Everything from Catamount's patented glass popcorn popper and specialized glass kitchen products that it sells to retailers like William-Sonoma, to the growlers and pint glasses it screenprints for various breweries, will be available in the new space.
"Because of our facilities, we are going to be able to bring in glass from all over the world. I've been doing this for 42 years, so I know where to find everything. It's not just going to just be a place to sit down in and have a beer either," said artist, sculptor and Catamount Glassware Founder Alain Karyo.
Karyo said the retail space could eventually allow the company to sell other Vermont products that pair well with Catamount's glassware, as well.
"The biggest seller in the company is our popcorn popper. We've sold over a million of them. Now, we want to sell popcorn made in Vermont. See, we want local products. We've made coffee makers, so now we can sell local coffees."
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Catamount Glass to bring retail operation to County Street in Bennington
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More retail and housing plans are in the works for the area near Jefferson Academy Charter School.
City Council on Tuesday narrowly approved a plan to develop a 35-acre property on the northwest corner of Main Street and West 112th Avenue. The land, which was originally zoned for industrial and office use, will now include areas of retail development and possible housing units, as well as six acres of open lands.
The growing area is a key location for adding more retail and office opportunities for families and students, said Jim Hill, owner of Baseline Engineering Corp.
Hill said the area is a southeastern gateway into Broomfield because of the 2013 completion of the Uptown Avenue bridge, and because of the area's location near the growing Jefferson Academy Charter School.
At its meeting Tuesday, council, in a 6-5 vote, approved the company's plans to change the area from light industrial use to retail, commercial and residential use, but members were skeptical of some aspects of the plan. Mayor Randy Ahrens, who only votes in the event of a tie, was the deciding vote that will allow developers to move forward with the plan.
There is no timeline for when developers will bring back a more detailed plan.
Some council members agreed retail and office buildings would fit well in an area that is anticipated to see more traffic and growth in the coming years, but most members disagreed with a suggestion to add up to 275 multi-family housing units to the site.
The site is just north of the newly realigned 112th Avenue, which was under construction in 2013 to put in the new Uptown Avenue bridge. The bridge goes over U.S. 36 to connect 112th Avenue to the Arista development west of the highway.
The property also is near Jefferson Academy and the Broomfield Industrial Park ball fields, and is on the border between Broomfield and Westminster.
The development proposal calls for building space for retail and places for office and child care businesses. Mike Anderson, Baseline's financial consultant, said the development could bring more than 360 jobs to Broomfield during the construction and when businesses and offices begin to open.
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City Council approves plans for future retail, housing in south Broomfield
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By Adam Vaccaro
Boston.com Staff
November 18, 2014 6:50 PM
There are new plans for development in Quincy Center, after a $1.6 billion, 55-acre downtown redevelopment proposal fell apart earlier this year.
Ground broke last year on a block of Quincy Center called Merchants Rowa planned $120 million housing and commercial development. But within months, the project was put on hold by New York-based master developer Street-Works, and by March of 2014, the entire redevelopment plan had fallen apart. That left the Merchants Row space as an abandoned construction area.
A new $100 million plan for that area was unveiled Tuesday by project investor Quincy Mutual Fire Insurance, Quincy Mayor Thomas Koch, and other officials, at an event announcing that a development team had filed for construction permits for the block. It is no longer going by the name Merchants Row.
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A six-story building with 169 housing units called West of Chestnut (in reference to Chestnut Street) would be built there, and would also include 12,000 square feet of retail space. Construction on that building is expected to start next year and end in the summer of 2016. Quincy Mutual has bought the land West of Chestnut will occupy.
A second phase for the project, a building called East of Chestnut, would have 220 additional housing units, but there is not a timeline for that building. The $100 million figure refers to the costs of both phases, according to The Patriot Ledgers Patrick Ronan.
Quincy Mutual is working with Boston-based developer Gate Residential on the project. Gate Residential is owned by Redgate Holdings, which is partnered with the city in strategizing about a broader Quincy Center plan. The development team for West of Chestnut also includes Sheskey Architects, Duffy Design Group, and retail investment company Graffito SP.
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New Quincy Center Plans Announced Following Redevelopment Projects March Collapse
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By Adam Vaccaro
Boston.com Staff
November 18, 2014 6:50 PM
There are new plans for development in Quincy Center, after a $1.6 billion, 55-acre downtown redevelopment proposal fell apart earlier this year.
Ground broke last year on a block of Quincy Center called Merchants Rowa planned $120 million housing and commercial development. But within months, the project was put on hold by New York-based master developer Street-Works, and by March of 2014, the entire redevelopment plan had fallen apart. That left the Merchants Row space as an abandoned construction area.
A new $100 million plan for that area was unveiled Tuesday by project investor Quincy Mutual Fire Insurance, Quincy Mayor Thomas Koch, and other officials, at an event announcing that a development team had filed for construction permits for the block. It is no longer going by the name Merchants Row.
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A six-story building with 169 housing units called West of Chestnut (in reference to Chestnut Street) would be built there, and would also include 12,000 square feet of retail space. Construction on that building is expected to start next year and end in the summer of 2016. Quincy Mutual has bought the land West of Chestnut will occupy.
A second phase for the project, a building called East of Chestnut, would have 220 additional housing units, but there is not a timeline for that building. The $100 million figure refers to the costs of both phases, according to The Patriot Ledgers Patrick Ronan.
Quincy Mutual is working with Boston-based developer Gate Residential on the project. Gate Residential is owned by Redgate Holdings, which is partnered with the city in strategizing about a broader Quincy Center plan. The development team for West of Chestnut also includes Sheskey Architects, Duffy Design Group, and retail investment company Graffito SP.
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New Quincy Center Plans Announced Following Projects Collapse in March
By Derrick Bills | Published 26 minutes ago
Chapel Hill residents spoke out Monday night abouta proposed development on Eubanks Road that could include more than 900,000 square feet in over 20 buildings.
The Edge, which would sit on 55 acres of property, would provide housing, retail space and offices.
The supporters of the development said the developer, Northwood Ravin, is credible and has been involved in multiple other projects in Chapel Hill.
Including retail stores in this new development area is important to its success, said John McAdams, founder of the John R. McAdams Company. But nothing is set in stone at the moment, and Northwood Ravin will have to do some work to get businesses to build new store locations.
A significant amount of retail already exists in the greater Chapel Hill area, and the opportunities to land retail tenants is a lot lower here, McAdams said. The visibility is not usually what retailers want.
John Felton, director of design for Cline Design Associates, provided details about what the space will look like and what types of materials will be used in construction.
We have a requirement for a recreational area, he said. The guts of the project will be made up of great streets and public spaces.
Council member Maria Palmer said she was concerned about pedestrians and bikers having to cross such a busy intersection.
Bob Reinheimer, a resident of the Northwood neighborhood since 1983, said he was excited about the development at first but has started to second-guess it.
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Chapel Hill residents evaluate plan for The Edge
Construction starts on new international terminal at Queenstown Airport
Queenstown Airport is moving into an exciting new development phase with construction starting on its new international terminal, a project which will expand the current building footprint by a third in time for next winter.
Driven by strong year-on-year international passenger growth, the 4,080sqm addition to the southern end of the terminal will double the size of the airports international operations, allowing it to better cater for existing passenger volumes and accommodate future growth.
The new building has been designed to blend in with the wider terminal but while the outer shell will be completed by June 2015, the interior will be developed in three stages.
Stage One will be ready for next winter with new international arrival and departure lounges, a new Customs area, airside retail stores, baggage claim and handling areas, a covered walkway, and office space. The changes will allow the airport to process up to 1,000 passengers per hour compared to the current 480.
Stage Two will involve spatial reconfiguration to simplify passenger flows between Customs, baggage reclaim and the Ministry of Primary Industries biosecurity area, as well as housing extra staff facilities.
While Stage Three is predicted to be several years away, it will centre around developing a mezzanine floor, potentially for more gate lounges and retail space.
Queenstown Airport Corporation (QAC) Chief Executive Scott Paterson said that more space was needed to meet the surging international demand so it made sense to be able to build a larger building shell and have time and flexibility to develop within it.
The pop-up structure we installed this winter worked really well and gave us more space for international passengers but we need permanent terminal capacity.
Our airlines are supportive of the scale of the new build which will give us the flexibility to move into the space when triggered by demand, he said.
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Construction starts on new international terminal
SINGAPORE: CapitaLand has entered into a joint venture agreement (JV) with a subsidiary of Credo Group (CG) to develop an integrated development in Central Jakarta, with both companies each holding a 50 per cent stake in the venture.
The integrated development, CapitaLands first in Indonesia, will comprise a Grade A office tower, mid- to high-end residential units, serviced residences and supporting retail space, spanning a total gross floor area of more than 40,000 sqm. Construction is expected to commence in 2015 and end in 2018, and the total development cost is estimated at S$220 million, CapitaLand said on Monday (Nov 17).
Under the agreement, the JV will acquire from CG a 1-hectare site located within the central business district of Jakarta.
Said Mr Lim Ming Yan, President and Group CEO of CapitaLand: The Indonesian property market is bolstered by sound social and economic fundamentals and we see significant room for growth. In fact, Jakarta was one of the fastest growing cities in the world for office and prime residential sectors in 2013, and this uptrend is expected to continue with a rising middle-class population.
"With a strategically located site, positive market demand and a reputable local partner, we are confident this project will be well-received by the market.
The JV is not expected to have any material impact on the companys net tangible assets or earnings per share for the financial year ending Dec 31, 2014, CapitaLand said.
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CapitaLand inks joint venture for integrated development at the heart of Jakarta
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