Gables Union Market

WASHINGTON (PRWEB) July 13, 2021

Gables Residential, a leader in the management and development of multifamily apartment communities, has broken ground on one of its newest projects in Washington, D.C, Gables Union Market. Gables Union Market is in the heart of the Union Market district, which is a 45-acre district for shopping, entertainment, restaurants, nightlife and more. The community will offer 300 apartment homes and over 20,000 sq. ft. of retail space. EDENs will own the ground floor retail and will bring exciting retail partners to complement the residential component.

Gables Union Market will have thoughtfully-designed amenities such as an infinity-edge pool and sundeck that will take advantage of views of the Capitol and Washington monument, outdoor dining with barbeque grills, a fire pit, shaded lounge/seating areas, a dog run, an outdoor activity lawn and a big screen TV for movies. The indoor amenities will include a community room, game area, state-of-the-art fitness center, a dog wash and two unique spaces to complement the Union Market District a flexible maker space room and a morning/garden room. The second-floor amenity space includes a conference room, several private breakout rooms, flexible seating areas that can double as co-working space, a podcast room and two outdoor terraces.

The community will incorporate green building and efficiency features including an approximately 2,000 SF solar panel array, energy star appliances and water sense plumbing fixtures.

Jorgen Punda, Senior Vice President of Investments at Gables Residential stated, We are thrilled to be adding another exciting addition to the DC portfolio. Union Market is a lively one-stop destination, and we look forward to being a part of this unique and thriving neighborhood.

About Gables ResidentialGables Residential is an award-winning, vertically integrated, real estate company and privately held REIT specializing in the development, construction, ownership, acquisition, financing, and management of multifamily and mixed-use communities. Gables Residential owns, develops, and manages communities in high-growth U.S. markets such as Atlanta, Austin, Boston, Dallas, Denver, Houston, South Florida, Southern California and metropolitan Washington, D.C. Gables also provides third party management services in the Atlanta, Austin, Baltimore, Boston, Dallas, Denver, Tampa, Phoenix, North Florida and metropolitan Washington, D.C. markets.

Gables manages approximately 29,200 apartment homes and approximately 225,000 square feet of retail space and has received national recognition for excellence in development, construction, management, sales, marketing, training, and benefits. These achievements reflect the impact of Gables experienced and dedicated team members, its superior knowledge of the markets served, and its expertise in development and management. For additional information about the company and its real estate portfolio and services, visit http://www.gables.com.

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Gables Residential Breaks Ground on New Development in Washington, DC - PR Web

QUINCY The former Quincy Plumbing and Heating Distributors building on Third and Maine is being targeted for a mixed-use development project.

Derek Price, president of DP Construction, said his company is working to acquire the property and renovate into a commercial and residential facility known as View 21.

Price said he came up with the name View 21 because he feels that the view is the best feature of the building, which overlooks the Navigation Pool 21 portion of the Mississippi River.

Our biggest goal with the whole project, and our property business, is to improve the community with the properties and the projects that we do, Price said. And so we thought this property really fit that and that we could really bring an asset to the city by doing this.

Price said the first floor would contain five commercial retail units, the second floor would have five commercial units that would likely be used for office space, the third floor would contain 11 apartments ranging in size from one bedroom to three bedroom and the fourth floor would consist of five semi-custom lofts.

The roof also will be converted to a rooftop deck.

The entrance to the building was on the west side of the property but Price said it will be moved to the north side since it will have access to parking space previously used by Tiramisu.

Quincy Planning and Development Director Chuck Bevelheimer said he has talked with Price a couple of times about his plans and the city is excited to hear about redevelopment plans for the property.

Outside of this project, DP Construction has worked on the OConnor Wealth Management building on Maine, Quincy Brewing Company on Sixth and Picklemans Pantry on Maine.

Bruce Guthrie, executive director of the District, said DP Construction has proven to be very good at developing and rehabilitating downtown buildings that have sat vacant for years.

That building has been sitting here for quite a few years and those buildings are very concerning to people like me and weve all been very concerned about larger buildings in the city of Quincy, Guthrie said. That building and the plans for a mixed-use development is very important to downtown and it being in a location close to the riverfront and the bridge is just another great example of the momentum that is going on down there.

If the project moves forward, Price said he estimates that the building will be fully remodeled in a couple of years.

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Former heating, plumbing supply building site of mixed-use proposal - Herald-Whig

Newswise New Brunswick, N.J., July 13, 2021 Rutgers Cancer Institute of New Jersey Director Steven K. Libutti, MD, FACS, who is also senior vice president of oncology services at RWJBarnabas Health and vice chancellor for cancer programs for Rutgers Biomedical and Health Sciences, has been named by the business journal NJBIZ as a 2021 Healthcare Hero in the healthcare professional category.

The Healthcare Heroes awards program was created by NJBIZ in an effort to recognize excellence, promote innovation and honor the efforts of individuals and organizations making a significant impact on the quality of health care in New Jersey. Nominees are evaluated by a panel of independent judges and winners are recognized across 12 categories for their significant impacts on the health care industry and landscape in the state. Categories include: education (individual and organization); health care professional; innovation hero (individual and organization); long term care facilities; nurse of the year; physician of the year; public health hero (individual and organization); volunteer of the year and workplace wellness hero.

As Director of the states only National Cancer Institutedesignated Comprehensive Cancer Center, Dr. Libutti is committed to enhancing the delivery of high-quality, state-of-the-art cancer care throughout New Jersey and beyond. I am honored to have been chosen as a 2021 Healthcare Hero during this pivotal time in healthcare, said Libutti. It has been my privilege to further advance the mission of Rutgers Cancer Institute and RWJBarnabas Health to continue to provide and expand outstanding cancer services especially during this unprecedented time.

Dr. Libutti is a distinguished physician, researcher, administrator and surgical oncologist, who has made significant contributions in the field of oncology. His dual posts strengthen the successful partnership between RWJBarnabas Health and Rutgers University, ensuring the integration of the clinical and research missions of Rutgers Cancer Institute and RWJBarnabas Health. Libutti implements a unique vision to position Rutgers Cancer Institute as one of the top National Cancer Institute-designated Comprehensive Cancer Centers in the country as well as expand its impact throughout the RWJBarnabas Health system and the State of New Jersey.

Through this vision, construction is currently underway to build a newcancer pavilionfeaturing outpatient and inpatient services coupled with research laboratories, retail space, ancillary services and space devoted to patient education and wellness. Slated to open in 2024, the Jack and Sheryl Morris Cancer Center will be New Jerseys first freestanding cancer hospital. Dr. Libutti also spearheaded and is leading the New Jersey Statewide Cancer Programs Collaboration, a taskforce implemented in the early days of the coronavirus pandemic to address oncology-related issues and needs across New Jersey.

Libutti graduated magna cum laude from Harvard College and earned his medical degree from Columbia Universitys College of Physicians and Surgeons. He completed his residency at New York Presbyterian Hospital and his fellowship at the National Cancer Iinstitute. He has published more than 300 peer-reviewed articles, is Editor-in-Chief Emeritus of the Nature Journal Cancer Gene Therapy and holds 11 U.S. patents.He is also a Professor of Surgery at Rutgers Robert Wood Johnson Medical School and an Affiliated Distinguished Professor in Genetics at Rutgers School of Arts and Sciences.

NJBIZ will hold a virtual Healthcare Heroes recognition event on August 24, 2021 at 8:30 AM. To see the full list of the 2021 Healthcare Hero recipients and learn how to register for the event, visit: https://njbiz.com/2021s-njbiz-healthcare-heroes/

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Rutgers Cancer Institute of New Jersey and RWJBarnabas Health Leader Recognized as NJBIZ 2021 Healthcare Hero - Newswise

(Washington, DC) Today, Mayor Muriel Bowser celebrated the opening of the Todd A. Lee Senior Residences at Kennedy Street, a 38-unit, all-affordable senior community located in the Brightwood Park neighborhood of Ward 4. All 38 apartments are for residents who are 55 or older and earn no more than 50 percent of the area median income.

The Todd A. Lee Senior Residences embody our DC values and represent the importance of having safe and affordable homes for our seniors to age in place, in the communities they know and love, said Mayor Bowser. Todds legacy will live on through the many families he helped stay in DC, through the innovative programs he created, and now through these beautiful homes for our seniors.

The Todd A. Lee Senior Residences are a result of a solicitation to transform vacant land into affordable housing by the DC Department of Housing and Community Development (DHCD) who also provided a $7.4 million loan from the Housing Production Trust Fund. The Office of the Deputy Mayor for Planning and Economic Development (DMPED) also granted $150,000 to go toward the development of the ground floor retail space. On February 14, 2020, the District of Columbia Housing Finance Agency (DCHFA) issued $8.2 million in tax exempt bonds and underwrote $5.6 million in low-income housing tax credit (LIHTC) equity for the acquisition and construction of the Todd A. Lee Senior Residences at Kennedy Street.

During his tenure as DCHFAs leader, Todd A. Lee worked diligently to ensure DCs housing programs assisted our residents and that all Washingtonians had access to affordable housing when they needed it, especially our seniors, said Deputy Mayor for Planning and Economic Development John Falcicchio. These 38 residential units are a fitting tribute to him and get us closer to achieving Mayor Bowsers goal of 36,000 new homes, 12,000 of them affordable by 2025.

The Todd A. Lee Senior Residences have one efficiency apartment and 37 one-bedroom apartments. On the ground floor there is more than 1,000 square feet of retail space and an additional 1,700 square feet of common area space, including a lobby, cybercaf, management office, fitness center, and bike storage. All units have individually controlled HVAC systems and environmentally friendly features that meet the Enterprise Green Communities Program, and laundry facilities are available on each floor.

This project was under review by DCHFA during Todds tenure and I know firsthand that he was excited about the opportunity it would afford seniors to age in place in this neighborhood that is undergoing tremendous change. The entire staff of DCHFA and I are proud to carry on Todds legacy and see the delivery of housing that is healthy, beautiful and affordable, while bearing the name of our dear friend, Todd A. Lee, stated Christopher E. Donald, DCHFA Executive Director/CEO.

The Mayor was joined at todays ribbon cutting by the project development team comprised of Dantes Partners, Gilbane Development Company, and H Street Community Development Corporation.

This development stands as a reminder of Todds legacy and his vision for Ward 4 and the District. It is with great honor to have completed one of his project goals and bestow the name of my friend and colleague upon it, said Buwa Binitie, Managing Principal at Dantes Partners and Chairman of DCHFAs Board of Directors.

Gilbane is honored to leave a legacy for Todd A. Lee, which will memorialize his enduring leadership in the affordable housing industry, said Blaise Rastello, Development Director for Gilbane Development Company. Under Todd A. Lees and now Christopher Donalds leadership, we are grateful for our partners at HFA, DHCD, Dantes Partners, and H Street CDC to create 38 affordable homes for the Districts seniors.

At the event, Mayor Bowser also announced the re-opening of applications for the Oramenta Newsome Predevelopment Loan Program that launched in 2018 to help nonprofits and limited equity cooperatives fund predevelopment activities and move their affordable housing projects forward. Ten affordable housing projects benefited from the first round of these loans and $2 million will again be used to cover soft costs incurred in the predevelopment stage by recipients. To submit an application or learn more, please go to dhcd.dc.gov/oramenta-newsome-nonprofit-development-fund.

Mayor Bowser also announced her pilot initiative to help faith-based institutions evaluate how they can use their land assets to help the District achieve its housing goals. The pilot program will afford places of worship grants up to $50,000 to conduct the necessary studies and planning in partnership with development consultants providing technical assistance to take that leap of faith to build more housing in the District. Applications for this program will open in September 2021.

Like with the transformation of our own vacant property into affordable housing, were asking our partners to think creatively about their own assets for affordable housing, said DHCD Director Polly Donaldson. And along with this ask, were providing resources because we know this is what it will take to reach our goals.

The Mayors Fiscal Year 2022 Budget Proposal includes a historic $400 million investment in the Districts Housing Production Trust Fund (HPTF), bringing the Mayors investment into the HPTF to $1 billion since 2015.

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Mayor Bowser Cuts Ribbon on New All Affordable Senior Housing Honoring the Late Todd A. Lee | mayormb - Executive Office of the Mayor

The Architectural Association of Kenya (AAK) projects a 3.9 per cent growth in the construction industry this year.

AAK in a report released Tuesday pegged the growth on a sharp recovery in output levels compared to periods when work was not permitted or was severely restricted in 2020.

We project that the growth will particularly be propelled by huge infrastructural investments by the Government of Kenya, AAK President Wilson Mugambi said.

He cited work on the Nairobi Expressway, the Lamu Port and the dualling of the Nairobi-Mombasa Highway and the implementation of the affordable housing project as key drivers in the sector's.

Mugambi spoke in Nairobi during the release of the status of the built environment report for the January to June 2021 period.

The bi-annual report highlights developments in the real estate sector, tracks developments in land, financing, infrastructure, policy and legislation.

Mugambi said the growth of the real estate and construction sectors will be pegged on the overall performance of the economy.

He said the contraction in the countrys economy due to Covid-19 was equally felt in the built environment.

The National Treasury has projected that Kenyas Gross Domestic Product will grow by 7 per cent in 2021.

Kenyas construction industrys short term recovery will be supported by a quick return of private investment in the countrys residential and nonresidential construction sector, he said.

The report shows that the residential sector in real estat continues to record improved performance, as demand in retail and commercial spaces decline.

According to the repot, the residential sector recorded an improvement in performance with average total returns to investors at 5.1 per cent year-on-year, up from 4.7 per cent recorded in the financial year 2020.

Improved performance was also realised in the apartments market which recorded average total returns of 5.3 per cent year-on-year compared to the detached units which recorded an average return of 4.8 per cent.

Detached units in areas such as Rosslyn, Ruiru and Kitisuru recorded the highest average year on year returns at 6.7 per cent, 6.3 per cent and 5.9 per cent, respectively, says the report.

Apartments in Westlands, and, South C which traditionally houses Nairobis citys middle-income earners, recorded the highest average year on year total returns of 6.8 per cent and 6.5 per cent respectively.

The report showed that Westlands and Karen were the best performing nodes in the First Quarter of 2021 recording average rental yields of 10.1 per cent compared to the overall market average of 7.4 per cent.

The performance is attributed to the presence of affluent residents who have a high consumer purchasing power with the areas hosting high-end income earners, the ease of access to the areas, and, relatively high occupancy rates of above 81 per cent against the market average of 74.9 per cent.

According to the report, average rental yield in the commercial office sector is expected to decline to 6.8 per cent from 7.0 per cent in 2020, attributable to the oversupply, with the average occupancy rates expected to decline by 2.7 percentage points from 77.7 per cent to 75.0 per cent.

In the first quarter of 2021 nominal rentals for prime space of 500 m on a national level grew by one per cent year on year.

This is better than the 0.5 per cent growth achieved in 2020, but still well below the 5 per cent rental growth of 2019.

The slow rental growth shows that the industrial market is also feeling the effect of the weak economy, although accompanied by less pain than the office and retail property markets.

Despite the ravaging effects of the Covid-19 pandemic, the overall land prices in the suburbs posted a modest 0.2 per cent increase over the first quarter of 2021 while the satellite towns saw a 1.5 per cent rise.

Riverside suburb which is characterised by a high density of office space recorded the biggest drops in land prices at 1.68 per cent over the first quarter of 2021 and is expected to decline by up to 7.1 per cent over the year.

Ngong led the satellite towns with prices of land increasing by 6.07 per cent over the first quarter of the year and 16.04 per cent annually.

In Kiambu, land prices recorded a 2 per cent drop over the quarter with the annual decline expected to be 12.6 per cent.

Nyari was the best performing suburb over the first quarter with land prices increasing by 2.2 per cent while annually Donholm topped at 3.7 per cent.

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Construction sector projected to grow by 3.9 per - architects - The Star, Kenya

Drexel University and its real estate partner last month broke ground on the first major development that is part of a $3.5 billion innovation neighborhood in University City.

The universitys enrollment for fall looks strong, with hundreds more submitting deposits and fewer withdrawing this summer compared with last year, university officials said.

And, while Drexel had been projecting a $90 million shortfall for the fiscal year that just ended June 30, it appears poised to end with $50 million more than expected, thanks in part to federal stimulus dollars. The university said it had restored contributions to employee retirement funds and added a 2% lump-sum salary payment for most employees to make up for sacrifices during the pandemic. Merit raises will return this year, too.

READ MORE: Drexel president John Fry on managing his school through the coronavirus

Going into [the pandemic], we had high anxiety, said university president John A. Fry. Coming out of it, we have sort of really high hopes.

Now, Fry, who became Drexels president in 2010, is publicly acknowledging for the first time that, although he hasnt decided the exact timing, this could be his last full year at Drexel. He has two more years left on his contract.

The art of this game is you dont overstay your welcome, he said. Im starting my 12th year. Ill finish that out and who knows beyond that, but not a whole lot more. Its time for the natural cycle of change.

His not-too-distant departure means four of the citys top colleges Temple, the University of Pennsylvania, La Salle, and Drexel will have seen turnover in the presidency within a couple of years.

At Temple, Jason Wingard, a former Ivy League school dean and Chestnut Hill resident, began his tenure this month. University of Pennsylvania president Amy Gutmann has been nominated to serve as the U.S. ambassador to Germany and likely will leave before her contract ends next summer. And Colleen Hanycz left La Salle for another presidency last month. They are among a flurry of college leadership changes happening or expected to happen in the region.

Fry, 61, said hes far from done and hopes to land another opportunity at a college or another nonprofit. Asked if he would vie for the presidency of Penn, where he once worked, he declined comment.

READ MORE: College president as urban planner

He said that over the last year, a number of friends and colleagues have encouraged him to run for mayor.

While I am completely devoted to improving the quality of life and economic competitiveness of Philadelphia, he said, I feel that the best way for me to make a difference to the city is by continuing to build Drexels capacity to be a highly effective and impactful civic anchor institution.

Fry is as much an urban planner as he is a college president. When he was an executive vice president under former Penn president Judith Rodin, he helped bring in a movie theater and Fresh Grocer, created the public Penn Alexander School, and started the University City District, fostering relations among colleges, businesses, and residents. At Franklin and Marshall College in Lancaster, where he became president, he helped to move a landfill and railroad yard, knock down a huge factory, and launch a major redevelopment project.

At Drexel, he partnered with Brandywine Realty Trust to launch the multibillion-dollar project to turn parking lots and industrial buildings between Drexels campus and 30th Street Station into a neighborhood of businesses, retailers, parks, and residential towers, called Schuylkill Yards. Construction has begun on the West Tower, which will include residential, office, and retail space.

He also upgraded Drexels campus, once named the nations ugliest, and in partnership with the Philadelphia School District, opened a new building near campus that will house two public schools this fall. The district will lease the building from Drexel, and Drexel will provide teacher training and expertise in areas, including technology, instruction, performing arts, and health.

He has had an extraordinary portfolio of accomplishments by any university leadership measurement and I would predict much more left in his reservoir, said Tom Kline, a Drexel trustee and namesake of Drexels law school.

READ MORE: Five years in, a look at Drexel's high-flying Fry

Early in his tenure, Fry negotiated Drexels affiliation with the Academy of Natural Sciences; together, the two have a combined endowment of about $960 million.

A native of New York who has a bachelors from Lafayette College and an MBA from New York Universitys Stern School of Business, Fry also led Gov. Tom Wolfs transition team and serves on the Federal Reserve Bank board.

Fry said he intends to remain at Drexel until he finds other partners to help run St. Christophers Hospital, which hosts rotations for third- and fourth-year students from Drexels medical school. Drexel and Tower Health bought St. Christophers out of bankruptcy in 2019 and have been overseeing the hospital as partners, but Tower, which is selling hospitals as it struggles financially, has indicated it wants to step back, Fry said.

Im not moving until that situation is resolved, he said.

Hes also focused on readying the campus for fall. The university currently is looking into employees returning to the office and recognizes the need for flexibility. In addition to weighing needs of employees and the university, Drexel also will consider the city, he said. If office buildings stand empty, that will hurt the city both in wage tax and restaurant business, and in turn the colleges within it.

We have to think about the whole sweep, because a big part of our pitch is Philadelphia, he said. We get to say, Come live and study and work in one of the best cities in the world.

He said University City faces less strain because it is not as dependent on the hospitality economy as Center City.

One piece of Frys vision building over 30th Street Stations rail yard to allow for more development wont happen before he leaves. Fry said a study Drexel was part of showed the development could be done without disrupting Amtrak traffic. He thinks it will happen some day.

It will be a decade or so out, he said.

Staff writer Harold Brubaker contributed to this article.

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Drexel came through the pandemic better than expected. Now president John Fry is contemplating his next step. - The Philadelphia Inquirer

Colleen Michele Jones|St. Augustine Record

With the recentexplosion of residential and commercial development in south St. Augustine especially along the corridors of Wildwood Driveand State Road 207 growth in this area of St. Johns Countyis beginning to rival that of communitiesnorth and west of the city.

Of course, with growth comes traffic.

St. JohnsCounty officials will host a public meeting to discuss anupcoming project to improve traffic flow atthe WildwoodDrive/US 1 South intersection. The meeting will take place from 5 to 6 p.m. Thursday at 49 Shores Blvd. (the headquarters of Deltona Realty).

Video: Wildwood Drive in St. Augustine

Wildwood Drive in St. Augustine connects U.S. 1 to State Road 207.

Peter Willott, St. Augustine Record

According to the county, the $1.1 million state Department of Transportation project will include a dual left turn lane and new traffic signal. Construction is expected to begin next month and continue through October.

Wildwood Driveis only about 4 miles long, but it connects U.S. 1 South and S.R. 207 and allows residents of the St. Augustine Shores and even St. Augustine South easy access to Interstate 95.

With more and more developments under constructionor in the works for the roadway, as well as nearby S.R. 207 and U.S. 1, congestion has increased exponentially over the last several years.

Some recent projects include Treaty Acres, with for more than 400 single-family homes, and another smaller development on the western edge of Wildwood Drive,called the Wildwood Forty PUD, thatcalls for 64 homes on 22 acres.

KB Homes Orchard Park, currently under construction off Wildwood Drive,encompasses 300 townhomes. Newer, smaller subdivisions along Wildwoodalso include Windsong Acres and Treaty Oaks.

On the commercial side, the Moultrie Bluff shopping center has been approved for U.S. 1 South just north of Wildwood Drive, although no shovels are in the ground yet.The center will beconstructed across from the complex on U.S. 1 that includes Dicks Wings and Romanos.

Property owner, the Peter Sleiman Development Group, is also proposing 15 residential lots that would abut the shopping center to the south. The parcels boundaries also border the Moultrie Trails residential community to the southeast and West Genung Street to the north.

More action is taking place at the end of Wildwood Drive around the S.R. 207 intersection.

Earlier this year, the St. Johns County Commission approved Entrada, a development of about 1,000 homes that will connect directly to Wildwood Drive at the traffic signal at S.R.207. Developers are seeking a supermarket to anchor the complex, which in its first phase of construction would offer 100,000 square feet of retail space, as well as a restaurant and other retail uses.

In addition, there are plans for amixed-use development called the Benchip PUDwhich would includeabout 500,000 square feet of commercial space and up to 280 multi-family homes. This project would connect with Entrada.

Further west of the intersection butclose enough to have an impact on overall traffic in the region Chris Shee, CEO of the Mastercraft Builder Group, wants to develop land near I-95 and S.R. 207.

As proposed, his Parrish Farms would encompass 3,700 homes and include elements of commercial, office and recreational space.

Shee is also proposing an I-95 interchange that would be at the southern end of the development and extend Watson Road to connect with the highway and add another option for folks who take Wildwood as a cut-through to get to I-95.

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St. Augustine plans traffic upgrade for busy intersection of Wildwood Drive and US 1 South - St. Augustine Record

OAKLAND, Calif.--(BUSINESS WIRE)--Lowe, a national real estate developer, investor and manager, announced today its completion of Assembly, a 127-unit apartment community that incorporates an historic Auto Row storefront transformed into 8,000 square feet of ground floor retail space. Located at 260 30th Street, Assembly is walking distance to the shops, restaurants and art galleries in Oaklands Uptown district and Piedmont Ave., both known as hubs for shopping, dining, arts and entertainment.

Assembly is an example of the type of community-focused project that is a hallmark of Lowe. In Oakland, and in markets across the country, our team assesses the area to ensure that our new apartment communities are conceived to fill a need, offer the features and amenities most desired in the market and are designed to complement the existing neighborhood, said Alan Chamorro, senior vice president, Lowe. Development of Assembly continues Lowes long history of developing and managing commercial real estate of all types throughout the Bay Area.

Lowe created Assembly, a boutique residential community designed to evoke the historic character of Auto Row, by assembling four contiguous parcels bounded by 30th Street, Broadway and Brook Street, and incorporating an existing Auto Row storefront as a key element of the design. The bright and spacious apartments, with floor-to-ceiling windows, make up the five stories above the historic building, wrapping around the Courtyard, a central spot for residents to relax in a landscaped plaza with custom murals by local artist Charly Malpass and with space for lounging around the fire pit or exercising in the outdoor fitness deck. Upon entering the building, residents are welcomed by a public art sculpture that wraps around the lobby, created by Oakland artist Shawn HibmaCronan, entitled Through Line, depicting the entire length of Broadway using laser cut and mirror polished stainless steel.

Homes at Assembly are configured as studio, one-, two- and three-bedroom floorplans all offering quality finishes, wide plank flooring, in-unit washer and dryer and keyless entry. Bedrooms are fitted with blackout shades and custom walk-in closets.

Assembly offers multiple options for indoor and outdoor gathering. A roof deck offers multiple options for gathering and enjoying the East Bay Hills, downtown Oakland and San Francisco views with lounge seating, cabanas and gas grilling spaces. Residents can enjoy communal indoor and outdoor spaces at the Club Room with wide French doors connecting to the Courtyard. The Club Room offers an array of games, TV viewing areas, comfortable seating for relaxing, and a mezzanine level conference space and co-working room, enhancing work from home options.

A two-level fitness center with 18-foot ceiling and infused with natural light from the two-story windows offers a spacious center with top equipment and regular fitness classes, overlooking and connecting the Courtyard.

Assemblys location provides residents with easy regional access with two nearby Bart stops. It also is walking distance to the downtown business center as well as the tranquil park setting of Lake Merritt. Assembly derives its name from the history of the area dating back to 1917 when General Motors opened the Oakland Assembly, the Chevrolet and GMC factory, which anchored the area that became known as Auto Row.

Lowe began construction of Assembly in 2018. The propertys design was prepared by BDE Architecture and Vida Design. For additional information visit http://www.rentassembly.com.

About Lowe

Los Angeles-based Lowe, formerly known as Lowe Enterprises, is a leading national real estate investment, development and management firm. Over the past 48 years, it has developed, acquired or managed more than $32 billion of real estate assets nationwide as it pursued its mission to build value in real estate by creating innovative, lasting environments and meaningful experiences that connect people and place. Lowe currently has more than $2 billion in commercial real estate projects in the pipeline or under development. In addition to its Los Angeles headquarters, Lowe maintains regional offices in Southern California, Northern California, Charleston, Denver, Seattle, and Washington, DC. Lowes hospitality affiliate, CoralTree Hospitality, operates numerous hotel and resort properties across the US and in Mexico. Lowes commercial property operations affiliate, Hospitality at Work, brings hospitality inspired-property management service to office buildings nationwide. For more information visit http://www.Lowe-RE.com http://www.hospitality-work.com http://www.coraltreehospitality.com.

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Lowe Debuts Assembly 127-unit Apartment Building in Oakland's Uptown District - Business Wire

Construction hasnt slowed for downtown Wilmington. To share updates on activity thats happening and where projects stand, we talk this week with two of the players in the central business district, including Wilmington Downtown Inc.s new leader.

"We're changing gears a little bit here at WDI," said Holly Childs, who started at the beginning of the year as the group's president and CEO. "I think WDI is going to focus more on expanding our role to be very project-based and partnership-based. And we're going to look at how we support development throughout downtown whether it be residential or jobs focused."

Joining Childs in the discussion was Lucien Ellison, senior managing partner for East West Partners. He gave an update on the new 13-story, mixed-used River Place development.

"We're pretty much finished with the construction. We have a few punch list items that we're working through right now, but sales of the condominiums have been really good," he said. "We have 82 of the 92 condos either under contract or closed at this point."

Apartment units are about 40% occupied so far, said Ellison, who added that 94% of the building's retail space is leased up.

"Axis Fitness, Mellow Mushroom, DGX and Bank of America are already operating. Ruth's Chris [Steak House], Citrus Salon and The Nutrition Spot are coming online this summer," he said about businesses opening in the development, which is the result of a public-private partnership with the city of Wilmington.

"I'd say we've done what we started out to do, which was bring residences and businesses to downtown Wilmington and specifically to activate Water Street and make it a better place to live and work," Ellison said.

View the full conversation below. Also listen to this and future weekly WilmingtonBiz Talk discussions on the Business Journal's new podcast, available on Apple Podcasts, Spotify and Stitcher.

BizTalk is livestreamed on the Business Journal's Facebook page each week at noon Thursday. For notifications on upcoming topics, sign up for newsletters at wilmingtonbiz.com/register and to submit topic or speaker ideas, email [emailprotected].

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WilmingtonBiz Talk: Downtown update - Greater Wilmington Business Journal

Outdoor dining at The Wharf.

Washington, D.C.s waterfront areas are no strangers to change. The first phase of The Wharf, a $2.5B mixed-use development along the Potomac in Southwest D.C. opened in 2017, bringing scores of new shops, restaurants and housing to the area. Its developers have been moving ahead with Phase 2, even during the coronavirus pandemic.

Meanwhile, the rest of Southwest D.C.s waterfront has been moving forward with exciting new projects, from the redevelopment of a more than 50-year-old housing project to a new contemporary museum.

While this area has experienced a hit to its restaurant, office and retail markets during the pandemic, local developers and shop and restaurant owners are committed to facing these challenges head-on, once again embracing change, forging ahead and finding creative ways to move forward.

New Residential, Retail And Cultural Destinations

In the Southwest area, developers are investing in a growing list of destinations designed to entice more visitors and residents to the area. These destinations include the continueddevelopment of Waterfront Station II, from developer Hoffman & Associates, a 400K SF mixed-use community consisting of 456 units 319 market-rate and 137 affordable 20K SF of retail space and 9K SF of theater space that is expected to be delivered in 2022.

The redevelopment of the Greenleaf public housing complex, between the Wharf and theCapitol Riverfront,will bring more than 1,800 units of mixed-income and affordable multifamily housing to the area.

The area is also making a push to add new cultural institutions, including theRandall School Contemporary Art Museum, which will house the Miami-based Rubell Family Collection, an internationally acclaimed contemporary art collection, and the redevelopment of Westminster Church, which is the home of long-running jazz and blues nights.

"We benefit greatly in Southwest from having a collection of business innovators capable of taking this corner of the District through its most creative reinvention in decades, Southwest D.C. Business Improvement District Executive Director Stephen Moore said. Our work at the SWBID is to align this talent, the attractions, hotels and venues and to design our re-emergence as a powerful destination for locals and visitors alike.

Construction Continues At The Wharf

At The Wharf, one of the fastest-growing areas of D.C.s waterfront, construction is coming along smoothly even in the midst of unprecedented times.

Hoffman & Associates President Shawn Seaman, who is leading the charge of new developments at The Wharf, said that Phase 2 is coming along as planned. Some project highlights include a 90K SF office building at 610 Water St. designed by Morris Adjmi Architects. This building will be home to media company The Atlantic and feature 10K SF of outdoor terrace space. Other highlights include 670 and 680 Maine, trophy office space designed by SHoP Architects with WDG Architectsthat isalready 60% leased but is still offering 200K SF for potential tenants.

Seaman said he hopes the office towers provide future tenants with a connected environment along the Washington Channel it'saccessible from the National Mall, Reagan National Airport and Capitol Hill, combining both culture and convenience.

Along with these new office spaces, The Wharf will begin sales in the spring at The Amaris, a 96-unit, 12-story, luxury waterfront residential condominium building designed by Rafael Violy Architects, with interiors by Thomas Juul-Hansen. The apartments range from 700 SF one-bedrooms to over 5.7K SF four-bedrooms, including split-level penthouses.

Additionally, construction of Pendry Washington D.C is moving quickly and is expected to be finished by 2022. This 140K SF hotel will feature 131 guest rooms, three food and beverage concepts, Spa Pendry and fitness center, and more than 5K SF of meeting space, including a rooftop event space.

Dining And Entertainment Find Ways To Pivot

Bob Rubenkonig, executive director of the Wharf Community Association, added that The Wharf is also moving forward with new restaurants and retail destinations.

During the Districts health emergency, The Wharf provided a safe customer experience, as the neighborhood was designed and built as a healthy outdoor waterfront environment, Rubenkonig said. In fact, eight new businesses opened in Phase 1 of The Wharf during 2020. That has helped prospective retailers have confidence in what The Wharf experience can bring to their brand.

Throughout 2020, Wharf Street was closed to create more outdoor dining locations for local restaurants, and the area has kept the program going throughout the winter by organizing group purchasing for propane and outdoor heaters to keep diners warm. Local restaurants and stores have also been offering virtual experiences, from live-streamed cooking classes led by Kaliwa chef Cathal Armstrong to online craft tutorials from Shop Made. The popular live music venue Union Stage has even pivoted to become a live-streaming venue to continue to give people access to local talent, such as thepopular '90s cover band White Ford Bronco.

Rubenkonig remains positive about the future of the area and the resilience of local events and businesses.

We are optimistic about Phase 2 leasing efforts as both iconic D.C. businesses and emerging entrepreneurs want to be located at The Wharf, Rubenkonig said. We are looking forward to Bloomaroo, which will celebrate the cherry blossom season at The Wharf, as well as some more outdoor movies and activations throughout the summer that have yet to be announced.

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In The Pipeline: Top Projects Coming To D.C.'s Southwest Waterfront - Bisnow