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    Osseo paves way for new retail center - May 8, 2014 by Mr HomeBuilder

    Former auto site to house 3 retail stores

    The Osseo City Council approved the planned unit development (PUD) and site plan applications for the Osseo Retail Center at 308 County Road 81 during its Monday, April 28 meeting.

    The council also approved the PUD and site plan for Villa Healthcare, as well as talked about adding programs at the community center for seniors.

    OSSEO RETAIL CENTER

    City Planner Riley Grams presented the council with a PUD application that would allow for the construction of a 4,029-square-foot retail center with leasable tenant space at 308 County Road 81. This parcel of land has been vacant for a number years and was last the site of LaViolette Auto Sales. It is currently owned by Richard Welk.

    Grams said the proposed development would demolish the current building and make way for the new retail center. There would be three leasable tenant spaces (one 1,599-square-foot space and two 1,037-square-foot spaces). Possible businesses that could use the spaces would include: take-out pizza, coffee shops, floral shops and a dry cleaners.

    This property is located next to Premier Wine and Spirits and the new building would mimic Premiers exterior. Grams said the new building would be complete with the end cap tower like Premiers.

    The buildings will not actually be together, there will be a separation space, Grams said. The new construction will include a fire separated wall.

    He added that city code requires one parking space for each 150 square foot of retail space. This project would need 27 parking spaces, but because the parcel size is small the plan only has room for 12 spaces. Many of the parking spaces would be considered about and beyond what would realistically be needed for this development, Grams said. Additionally, the proposed uses are such that customers would not be visiting these businesses for lengthy periods of time.

    The rest is here:
    Osseo paves way for new retail center

    LeaseMLS.com – Commercial Property for Lease and Rent … - May 7, 2014 by Mr HomeBuilder

    LeaseMLS is a leading commercial real estate information services provider that offers a suite of products and services tailored to the national and local needs of the commercial real estate industry specializing in business for lease and all types of commercial properties for lease or rent and business property for lease and rent. The LeaseMLS online marketplace also allows for direct data feeds of any company listings commercial for lease or commercial for rent directly to a private company website.

    LeaseMLS covers all commercial real estate property categories including commercial land for lease, office space for lease or rent, industrial space for rent and lease, business center, warehouse space for lease or rent, retail space for rent and lease, office condos, restaurant space for lease or for rent, shopping centers and more.

    Online listing is an excellent source for researching any commercial real estate property for lease or rent. It also provides full and detailed information with great snapshots of any business for lease compared to a newspaper classified advertisement. Online advertisements are the most preferred method for a potential renter because of the informative and detailed information available.

    LeaseMLS is the tool for commercial real estate industry resources and directories. The things that sets LeaseMLS apart from all the other commercial property listing sites are,

    Customers prefer listings information on commercial property that is easy to see and informative. LeaseMLS will help to find the right property that suits the customer and subsequently generating a genuine enquiry.

    The LeaseMLS online property listing service has several beneficiary features for customer needs includes,

    LeaseMLS is an advertising Service created and run by Commercial Real Estate professionals that preserves all commercial property listings into a single database and provides various search features to users to research for free the details of those properties.

    LeaseMLS commercial listing property service is easy to use and search for free with,

    Our nationwide service not only helps you in providing the list of commercial properties and details on a business for lease but the facility for of advertising a property in it is easy and cost effective with a minimum cost for registration. Once you advertise your property in LeaseMLS it will be displayed to potential users in search results of commercial for lease or commercial land for lease or commercial rent . Once the property is leased or rented then it will automatically hibernated in the LeaseMLS database. Our system is based on your total portfolio with a monthly recurring billing process and a minimum membership fee.

    Basically LeaseMLS has three types of memberships Bronze, Silver and Gold varying from its specific features and property listings for memberships. One can sign up for any membership based on their property listings and specific requirements of advertising for different types of properties.

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    LeaseMLS.com - Commercial Property for Lease and Rent ...

    New apartment building going up in Portland - May 7, 2014 by Mr HomeBuilder

    Construction has begun for a new apartment building on the corner of Brackett and Pine streets in Portland.

    West End Place is the first new market rate apartment building in the area in decades, developers said. The term refers to owners determining the rent.

    It will have 39 apartments and ground-floor retail space when completed.

    "Having that number of apartment units, and this land in this particular space is great because it puts people near their jobs and it puts people near the nightlife, the Old Port, the Arts District. It really encourages people to live a lifestyle that isn't as dependent on the automobile," Portland City Councilor David Marshall said.

    He spoke during a Tuesday morning groundbreaking ceremony.

    The apartments will run from $1,300 to $2,200 a month for rent. The building is expected to open in March 2015.

    Link:
    New apartment building going up in Portland

    New CentrePointe designs include five more floors for apartment building - May 7, 2014 by Mr HomeBuilder

    This architect view of the new CentrePointe concept is from the intersection of Limestone and Vine streets. Developer Dudley Webb said the changes were driven by Marriott, which wanted to add extended-stay suites to the apartment complex. RABUNRASCHERECTORREECEANDCMMI

    Developers of the long-anticipated CentrePointe development have submitted new designs for the downtown project that include five additional floors on an apartment building.

    New designs for the development, which includes an office tower, a hotel and other retail space, also show changes to the facade of the hotel.

    The Courthouse Area Design Review Board, which ensures that new development meet design guidelines for downtown, is expected to review the changes at its next meeting on May 14. The project has been before the review board at least three times in the past 12 months.

    Including financing costs, the price tag for the entire CentrePointe project, which includes Vine, Main, Limestone and Upper streets, is estimated to be $393.9 million. The project has been controversial since 2008, when an entire block of historic buildings was razed but construction on the new development did not begin until late December 2013.

    The downtown project has been repeatedly delayed because of problems with financing.

    Dudley Webb, one of the project's developers, told the Herald-Leader that the latest changes were driven by Marriott officials, who wanted to add extended-stay suites to the apartment complex.

    "We are going to add 110 Marriott extended-stay suites which will now be the first five floors of the apartment complex," Webb said.

    The apartment complex was originally to be seven floors and will now be 12, according to the new designs. The bottom floor is to be retail shops. The top six floors are to be apartments.

    The Marriott chain had initially said that its luxury brand, J.W. Marriott, would occupy the hotel structure that faces Vine Street. Webb said that Marriott has since decided to make it a Marriott hotel, which is still a full-service hotel. The hotel is to have 205 rooms, which was the initial plan.

    More:
    New CentrePointe designs include five more floors for apartment building

    Buchans Design Lifts The Landing - May 6, 2014 by Mr HomeBuilder

    6 May 2014

    Buchans Design Lifts The Landing

    Construction of The Landing will commence this month following the completion of designs for the new retail and mixed-use centre in Christchurchs Wigram Skies community.

    The Buchan Group was appointed by Ngai Tahu Property in June 2010 to design key components of The Landings retail and office buildings. The precinct will be home to retail, dining, commercial and community facilities in a high street-style environment.

    Built around a town square, The Landing will cost around $20 million and will act as a social and economic drawcard to Wigram Skies master planned community, south-west of Christchurch.

    Stage one of The Landing has a 8975m2 site area, including 2000m2 of retail and office space spread across three buildings and a 2600 m2 New World supermarket.

    The Buchan Group in conjunction with Kamo Marsh Landscape Architects has designed The Landings two significant features: the public town square and The Runway a high street featuring a continuous, 'folded' roof.

    The Buchan Group Principal Anton Tritt said The Landing would be brought to life with a design that would encourage visitors to take time out, relax and appreciate their surroundings.

    The centrepiece of The Landing is the town square, and restaurants and cafs will spill out into this common area, creating a piazza-like environment, he said.

    ENDS

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    Buchans Design Lifts The Landing

    Universal Contracting Sees Rise in Commercial Renovation Projects - May 6, 2014 by Mr HomeBuilder

    Orlando, FL (PRWEB) May 06, 2014

    Commercial properties, warehouses, retail centers, and mixed use or office buildings, will all, at some point need expansion or renovation to maintain maximum appeal and serviceability. Old buildings will need updates, and new owners will need improved spaces to serve their specific needs. Universal Contracting has been providing commercial construction services in the greater Orlando area since the companys conception in February 1993.

    Jeff Grow, Commercial Manager and Jordan Grow, Commercial Estimator, weigh in on the growth that Universal Contracting has experienced lately in commercial build out and commercial renovation activity.

    Commercial build out and renovation is working with a developer or owners property to bring it up to their standards. An example would be an investor who buys an old rundown hotel and they hire a contractor to come in and give it a facelift and bring it up to their standards for their needs such as a themed hotel. Another example would be to take a doctors office and upgrade it to code, or make it nice and presentable to patients.

    Universal Contracting brings the design team together - owners, architect, engineer, sub-contractors and contractors - to create a concept of what the owner wants for his business. Typically these renovations are cosmetic; new floors, new paint, new doors, ceilings, lighting. They can take it a step further and recreate new spaces using existing space. Older buildings are renovated with a goal for higher efficiency and increased value; interior offices, retail space and mixed use buildings are transformed to have higher value and better usability. The recent build out and renovation of Universal Contractings own office space is a great example of a typical office project. Four adjacent units - about 6,000 square feet were built out halfway and renovated throughout. Floors, ceilings, walls, and counters, along with bathrooms and kitchens, were renovated to create three adjoining departments: the reception, front offices and conference room; the administrative offices; and a sales and construction department with offices and showroom. There is still warehouse space for production equipment and storage.

    Jordan Grow remarks, Any build out or renovation is a niche trade; some contractors can only do one thing, but we at Universal Contracting know it all. He went on to discuss future renovation projects that include several multi-family projects in the Central Florida area, plus an anticipated project in the next couple of years that involves multiple seven-story buildings that will need complete interior build outs and external renovations. Universal Contracting plans to expand their reach to include other Florida regions such as Tampa, Jacksonville, and South Florida. The company is currently undergoing growth with an expansion in business development and project management personnel.

    What commercial build out and/or commercial renovation insights should business owners gather from this? Now is a good time with the economy improving; people are going out to eat more, owners want a fresh look to update their business, etc. There are new plazas and more updates all over the area. Business owners need to bring their building up to date to keep up, especially with the addition of various smart and eco-friendly technologies.

    Jeff Grow adds, It is better to do any exterior renovation before the rainy season. Also, pricing is always going up on building materials. As construction picks up, so do costs - because with supply and demand, as labor materials increase, costs increase. All building material prices are expected to go up in May and there is a general industry price increase anticipated within the next few months. Also, as construction becomes busier now, the backlogs on construction projects increase. Starting the planning process now means less delay in starting the actual work.

    About Universal Contracting: Jared Mellick and his father Ken Mellick are the owners of Central Floridas premier construction company Universal Contracting, a family-run business which has been serving homeowners and business owners in the Greater Orlando area for more than 20 years. Together they host a local radio home improvement and construction talk show called In the House with Ken & Jared.

    More here:
    Universal Contracting Sees Rise in Commercial Renovation Projects

    Bryant signing kills sales tax rebates for new retail developments - May 5, 2014 by Mr HomeBuilder

    Gov. Phil Bryant

    A stroke of Gov. Phil; Bryants pen April 23 brought to a close Mississippis short-lived experiment in granting sales tax rebates to new retail shopping as a way to boost visitor numbers and create jobs.

    The Mississippi Development Authority so far has awarded up to $155 million in potential subsidies for three shopping malls since legislators widened the sales tax rebate program last year to include cultural retail attractions, or what are more commonly known as retail centers and shopping malls. House Bill 1358 puts an end to the rebates at least for now.

    HB1358 sponsor Rep. Rita Martinson, a Madison Republican, proposed in an earlier bill HB1233 to extend the incentives for three more years. Lawmakers balked at giving the renewal a vote, arguing the state has a dearth of evidence that the incentives brought much value to the state beyond creating low-paid retail jobs and created unfair competition for merchants not receiving the tax incentives.

    With more study and hard data to provide their value, the sales tax rebates could return.

    Martinson said in an interview with The Associated Press she thinks incentives have been helpful, but conceded: It might be at the point to sit back and see what weve done.

    The incentives that expire on July 1 returned 80 percent of sales taxes collected at a development over 10 years, until the total collected reaches 30 percent of the construction price.

    Many economists voice doubts about subsidizing retail development. Good Jobs First, a nonprofit group that is skeptical of business subsidies, is particularly critical of giving money to retailers, saying they dont pay well or create spinoff jobs, the AP reported.

    Building new retail space doesnt grow the economy, it just moves sales and lousy jobs around, the group writes.

    The first retail development to qualify for the widened incentives was Pearls Outlets of Mississippi, where Spectrum Capital could get up to $24 million of its $80 million investment back. That mall opened in November.

    See more here:
    Bryant signing kills sales tax rebates for new retail developments

    Developer requests office space rezoning for large swath of land in Kanata - May 4, 2014 by Mr HomeBuilder

    A developer is proposing a new business park, north of Palladium Drive and west of Huntmar Drive, in Kanata.

    (Stock image)

    The proposal, for a subdivision, calls for the eventual construction of a little over three million square metres of office and industrial space along with more than 300,000 square feet of retail space, spread out over 193 acres.

    In the planning rationale filed with the city, the developer is identified as West Ottawa Land Holdings. That company shares an address and phone number with Taggart Realty.

    The plan calls for the extension of Palladium Drive to the north, where it would bisect the development. At the moment, the development plan calls for building heights of below four storeys, though that could change.

    Current plans call for each of the 27 lots designated for development in the subdivision to be dealt with independently by city planning officials. The rationale also says that a planned expansion of rapid transit to the area would allow for taller building heights in the future.

    Organizations: West Ottawa Land Holdings

    Geographic location: Kanata

    (Stock image)

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    Developer requests office space rezoning for large swath of land in Kanata

    Campustown project brings more housing, retail space - May 2, 2014 by Mr HomeBuilder

    Another Campustown building will soon come down for a new structure with student housing and retail space.

    Later this month, the Minneapolis-based Opus Group will begin demolishing the former Campus Book Store, located across the street from Iowa State University at the corner of Lynn Avenue and Lincoln Way.

    The new building, The Foundry, will be six stories high and feature 53 units. The ground level will have 7,500 square feet of retail space. It is yet to be determined how many stores the building will contain.

    The residential units will have two to four bedrooms and will include amenities such as a fitness center, study lounges, game room, common areas and underground parking.

    The building is slated for completion in August 2015. Pre-leasing has begun.

    When you look at whats going on at the university and how fast ISU is growing and couple that with lack of student housing both off and on campus, it creates a real opportunity, said Jason Conway, real estate director of Opus.

    Conway said the location next to campus was also a plus.

    What we have found in our model building in other university markets is we like to be adjacent to the campus, he said.

    The current building was built in 1973 for the Campus Book Store, which closed in 2012 after 39 years. The store was owned by Floyd and Sandra Ballein.

    A Halloween boutique opened for a few weeks in the fall of 2012 and 2013 prior to Halloween.

    More here:
    Campustown project brings more housing, retail space

    SOMA Designs Manhattan's Third Dream Hotel - May 1, 2014 by Mr HomeBuilder

    Developer Soho Properties has acquired 560 Seventh Avenue in New York City. The property, which once housed Parsons The New School for Design, will be transformed into a new mixed-use building with a 20,000 square foot retail space and Hampshires third Dream Hotel in Manhattan.

    New York-based SOMA will design the ground-up build, which is valued at more than $300 million and slated for late 2015 construction. Due to the buildings mixed-use program, SOMAs vision of structural cubes will divide the property into four segments.

    The first volume will offer three floors and the retail space, while the second will host hotel suites with a metal screen facade that allows for visibility, but privacy. In addition to a sky lobby, restaurant, pool, and lounge, the hotel will boast a rooftop space and three additional terraces.

    See the article here:
    SOMA Designs Manhattan's Third Dream Hotel

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