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Caves Valley Partners plans to pump in $250 million to revitalize the area around M&T Bank Stadium, adding office and retail space, apartments and much-needed parking spaces, the Business Journal reported.
The project in Sharp-Leadenhall will transform three blocks along Cross and Ostend streets near the stadium, the report said.
Caves Valley partner Arsh Mirmiran told the Journal the site was chosen both for its proximity to M&T Bank Stadium and access to transportation. The three blocks have quick access to MARC, light rail, the Charm City Circulator, Baltimore-Washington Parkway and Interstate 395, the report said.
This is the type of smart growth, transit-oriented project that can significantly enhance the quality of life of our surrounding communities, City Councilman William H. Cole IV said in a statement.
Providing a significant boost to parking a complaint of virtually everyone in the area further illustrates that this is a well-conceived plan, he added.
The project seeks to add 300,000 square feet of office space to the Stadium Square, nearly doubling the total amount of office space in nearby Federal Hill. The Stadium Square section alone is expected to create about 1,200 permanent jobs and between 800 and 1,000 construction jobs.
Elsewhere, the project plans to add several hundred apartments; between 60,000 and 70,000 square feet of retail and 2,000 parking spaces; a new community center on the Leadenhall Baptish Church property and a broadband services center to support businesses.
The decision to improve broadband access to the project indicates Caves Valley is anticipating heavy demand from tech companies in the project, the Journal said, adding that Baltimores neighborhoods surrounding the Inner Harbor are favored by tech firms large and small because they contain uncommon office spaces and provide employees access to neighborhood-focused amenities.
Caves Valley previously developed 1111 Light St., home to Red Owl Analytics and Betamore.
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Caves Valley Partners Plans $250 Million Project to Revitalize Area around M&T Bank Stadium
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Winick Realty Group announced 8,095 square feet of retail ground space has become available for leasing at 92-77 Queens Blvd.
New retail opportunities are coming to Rego Park just blocks from three major Queens malls.
Leasing has begun on8,095 square feet of ground retail space at 92-77 Queens Blvd., which is currently under construction,Winick Realty Groupannounced. The site is expected to be move-in ready by 2015.
We truly believe that this is an unparalleled opportunity for any retailer to position themselves in front of three major malls, Queens Boulevard, the Long Island Expressway, two subway lines and 10 bus lines, said Winick Realty Group real estate broker Robert Heicklen.
Located adjacent to Rego Center and blocks away from Queens Center and Queens Place malls, 92-77 offers retailers 35 feet of all-glass frontage on 93rd Street and front- and rear-facing backlit signage.
Deals including one for a 16,000-square foot fitness center and another for a well-known national coffee brand are pending for two of the three spaces on the property, according to Winick Realty Group. The overall site features a 400-square-foot loading dock and on-site parking.
According to a Winick Realty Group online flyer, Retro Fitness and Starbucks are expected soon.
Winick Realty Group is excited to represent this type of high-profile, high-visibility exclusive as we continue to expand our leasing efforts in the borough of Queens, said Winick Realty Group President Steven Baker.
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New retail space coming to Rego Park
CEDAR FALLS | By Labor Day, Viking Plaza shoppers can expect four new retail options. By Thanksgiving, they will have another two. And more are on their way.
But as commercial development booms around the East Viking Road area, so does concern about whether or not surrounding roadways are prepared to support it.
Intersection improvements are not budgeted to begin until 2017, but plaza developers say they are getting close to completing a strip mall with over 58,000 square feet of retail space. That's at the same time they are gearing up to break ground for five more storefronts in a separate building near Culver's.
"We'll be turning over space in July and August," John Silverman, managing principal for the Cincinnati-based developer, Midland Atlantic, said.
And just north of that will be Cedar Falls' third McDonald's location -- the first to open since 1984. Scott Soifer, who owns 11 locations, including the recently renovated downtown Cedar Falls location, is the franchisee.
Construction crews broke ground last week. Thefast-food joint, located at 326 Brandilynn Blvd., is expected toopen in September, with hiring and training of 75 part-time andfull-time employees, as well as 10 managers, beginning in June.
These additions come on top of increasingly hindered traffic flow on Iowa Highway 58, which is part of the Avenue of the Saints, due to the growing number of drivers turning onto and off of Viking Road.
Ron Gaines, director of developmental services, said he is concerned about mixing a growing amount of local traffic with the ongoing stream of vehicles that are passing through the area.
This has gotten the attention of the Iowa Department of Transportation, which keeps track of intersections it sees as dangerous -- based on traffic volume and accident frequency and severity. The department ranks those intersections and, in recent years, the Viking-Highway 58 intersection has jumped in the rankings, from No. 4 on the departments priority list as needing improvement from 16th only four years ago.
"Once you get that cluster of retail development with big-box stores, then smaller stores follow, said Bob Seymour, Cedar Falls community services manager.
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Viking Plaza development expands shopping options
Published: Friday, June 6, 2014 at 4:47 p.m. Last Modified: Friday, June 6, 2014 at 4:47 p.m.
A new Dunkin' Donuts is on the way to North Pine Avenue.
A listing at Mid State Builders Exchange http://www.msbe.com indicates the Dunkin' is included in nearly 5,500 feet of new retail construction set for 2300 N. Pine Ave.
Manoj Reddy, of Orange County, is the franchisee. He said he hopes to open the store in 90 to 120 days.
"It's a good location," Reddy said. "I own the four Dunkin' Donuts stores in Marion County. They're good locations. It's a good area.
"Things are growing. Things are picking up. It's a good place to have one more store."
Mid State Builders Exchange's website indicates the 5,438-square-foot project is in the pre-bid phase and involves the building of the Dunkin' and other retail space, along with the moving of "an existing modular building to the north portion of the site."
Reddy said the property was once home to a real estate agency.
"It's going to be brand new, from the ground up," he said of the complex.
The website lists Kalasa LLC as the owner of the property and Reddy as a contact. Reddy, however, said he is "not the landlord."
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Ocala to get another Dunkin' Donuts
Construction projects blotching New Brunswick suggest that the city is receiving a makeover newly leaked information regarding a New Brunswick Transit Village expansion suggests that facelift may be the more appropriate term.
According to New York YIMBY, a site that covers architecture, construction and real estate in the New York City region, New Brunswick Development Corporation plans to spearhead a project that would add additional commercial, residential and retail space to the lots surrounding New Brunswick Station.
This includes 1 million square feet of office space, more than 500 residences and 100,000 square feet of street-front retail.
In comparison, the adjacent Gateway Transit Village (comprised of The Vue luxury apartments, among other occupancies) is 632,000 square feet, according to a DEVCO project sheet. Gateway, completed in 2011, cost $143 million.
An overview shot of the renderings shows pedestrians can access at least two stories of walkways and pavilions. A parking deck would be concealed, New York YIMBY reported.
[I]f growth can build on the citys proximity to New York and access to the human capital at Rutgers, then a walkable, vibrant, and desirable Downtown will continue to sprout. The expansion of the Transit Village is an important step in the right direction, the report read.
This is a developing story. Stay tuned as details emerge.
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'Transit Village' to add 1 million square feet of office space, residences, retail to city
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Vanessa Cross
Vanessa Cross has practiced law in Tennessee and lectured as an adjunct professor on law and business topics. She has also contributed as a business writer to news publications such as the "Chicago Tribune" and published in peer-reviewed academic journals. Cross holds a B.A. in journalism, a Juris Doctor and an LL.M. in international business law.
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How to Build a Retail Space | eHow
If youre counting cranes, more of them are perched over construction sites in Dallas Uptown neighborhood than anywhere else in North Texas.
Sure, all the buzz about Toyota Motors move has got the folks up in Plano excited, but if you want to see an honest to gosh building boom, drive to Uptown.
In the area stretching between Victory Park and CityPlace, the number of projects just keeps growing.
This week, construction crews broke ground on a 23-story apartment tower off McKinney Avenue. The residential high-rise will front on Maple Avenue next door to the Federal Reserve Bank of Dallas. The project is developer StreetLights Residentials second high-rise apartment building in Uptown and will open late next year.
The 212-unit high-rise is one of five apartment towers being built in Uptown. At least a couple more are in the works.
Forget low-rises
With the best building sites now selling for more than $250 per square foot, you wont see low-rise apartments started in Uptown.
Developers are scrambling to find enough building sites. Theres even a nine-story apartment block being built on top of the parking garage at 1900 Cedar Springs Road, at Harwood Street.
On June 19, ground will be broken on the vacant block next door, between Olive and Harwood streets, for a 20-story office tower.
Crescent Real Estate is starting work there on the 530,000-square-foot high-rise, called McKinney & Olive and designed by award-winning architects Pelli Clarke Pelli.
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More than $1.5 billion in projects in the pipeline in Dallas Uptown district
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Winnipeg Free Press - PRINT EDITION
By: Murray McNeill
Posted: 06/5/2014 1:00 AM | Comments:
JOHN WOODS / WINNIPEG FREE PRESS FILES Enlarge Image
The Land at The Forks known as Parcel 4. Changes could be made to the plan for its development depending on feedback, officials say. Photo Store
LOTS of green space, some housing, some retail and two parking structures -- it's all there in the initial draft of a new development plan for the last piece of undeveloped land at The Forks.
The president and CEO of The Forks North Portage Partnership (FNPP) isn't ready to reveal all of the details yet, saying they still need to fine-tune the plan for redeveloping Parcel 4 and Rail Side surface parking lots at the north end of The Forks site.
"But we do have a vision and a plan that we do want to take out to the public" in the next four to six weeks, Jim August said.
"We know that some people will really endorse it, and that some people will... well, we'll see," he added. "But we want to go out with something we feel comfortable with, that's doable and that's acceptable to the public. I think we've got a very good plan here, and I think the community will be engaged by it."
-- Jim August, president and CEO of The Forks North Portage Partnership
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Draft plan for finishing The Forks
Homes by Hendriks: Your first choice for construction
Homes by Hendriks 4618 Sandy Cove Drive, Beamsville, 905-563-768
With 50 years behind us, Homes by Hendriks is the Golden Horseshoes contractor of choice for luxury custom built houses. But do you know we also build budget-conscious homes and more recently have branched into commercial construction?
Many of our satisfied clients were so pleased with our work on their homes they demanded the same quality, customer service and attention to detail for their commercial construction needs. We obliged with the development of our light commercial division.
Whether its an office or retail space, we use the same approach with our commercial projects as we do building homes people love to live in. We listen to your needs and wants and interpret your ideas to build your vision. We offer competitive rates, coupled with quality construction and creative skills, to exceed your expectations.
Not in the market for a new build? We also offer additions and renovations to both commercial and residential properties. At Homes by Hendriks, we can take you from the planning and design phase all the way to building the space of your dreams. Our award-winning team of professionals can assist you through every step of the process from concept to completion. We can help you pinpoint costs, explore design options and determine construction prerequisites.
Likewise, if youre undertaking a project with your own contractors and are in need of a project manager with industry experience, we can help. Have peace of mind knowing there is a professional overseeing your project whether its in the pre-construction, construction, or post-construction phase. Additionally, hiring us to manage your project ensures a broader range of competitive sub-trades, materials and suppliers than managing your project independently.
Of course, well always be known for building our clients dream homes, and have been privileged to have built some of the regions finest houses. Realizing your dreams is what we do best. And with every commercial project we take on, we apply the same team of highly experienced and skilled architects, designers, builders and tradespeople to ensure your commercial construction experience with us is an enjoyable one.
For details, call 905-563-7681 or send an email.
Visit our website to view a gallery of our work. Like us on Facebook and follow us on Twitter.
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Homes by Hendriks: Your first choice for construction
Cold Storage Spokane LLC, of Anchorage, Alaska, is renovating a former warehouse at 116 W. Pacific downtown into retail, office, and possibly residential space in a phase of work valued at $1.7 million, says owner Jerry Neeser.
Another of Neesers companies, Neeser Construction Inc., also based in Anchorage, is the contractor on the project, he says. Neeser says he hopes the project will be completed this fall.
The project is occurring along a stretch of Pacific that has come to be known as creative alley to resident businesses there, because of an influx of arts-related tenants in the last few years. The Wetzel Building, at 114 W. Pacific, boasts a media design firm, professional photographers, a makeup artist, and an interior design business and retail furnishings shop. The building at 121 W. Pacific also was renovated late last year, and has become home to another design agency and a yoga and spin studio.
The current Cold Storage remodel, part of a multiphase project, involves adding parking in the basement level, bathrooms, a new elevator, stairways, and lighting, and wall finishes in the four-level, almost 38,000-square-foot structure.
The finished building will have retail or restaurant space on the ground level, offices on the second and third level, and potentially loft residences on the fourth, Neeser says.
Were creating an office out of a warehouse, basically, he says.
At this time, Neeser says there arent any signed tenants for the spaces.
Spokane firm Nystrom+Olson Architecture is providing design services for the project, and Reno, Nev.-based Engineering & Development Services did the engineering on the project, he says.
The building, located on the north side of the street, first served as an icehouse in the early 1900s before becoming a furniture store and a warehouse, Neeser says.
Were getting it on the federal historic register, Neeser says. Im from Spokane originally I just enjoy downtown Spokane and wanted to be part of bringing it back.
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Another project emerges in downtowns creative alley
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