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Join US Capital and New Cities at Investor Event in San Francisco

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  August 12, 2017 -- San Francisco, California (PRWEB) August 12, 2017 US Capital Partners Inc. has been engaged as the exclusive advisor to New Cities Investment Partners , LLC for the capital formation for a $110MM mixed-use real estate development named the ?Maple & Main Project' in Hayward, located in California's flourishing San Francisco Bay Area . To showcase this project, US Capital will be hosting an investor event on Thursday, August 17th between 6pm and 8pm at the iconic Bently Reserve . This landmark, known as the former San Francisco Federal Reserve building , is located at 301 Battery Street. This will be an opportunity to meet the management team and join the discussion around Maple & Main's conception. The Maple & Main Project has been unanimously approved by the Hayward City Council and is expected to be a catalyst for downtown revitalization. The project is located at Main, Maple & A Street on a 3.9 acre site four blocks from the BART, ...

LocalConstruct aims to revamp Downtown Boise through housing

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Six years ago, Mike Brown and Casey Lynch stood on Downtown Boise ’s 8th Street and wondered: Why don’t more people live here? Downtown seemed to have everything that a growing percentage of Americans wanted in a place to live. “I mean, there’s all kinds of jobs. There’s a million coffee shops and hair salons and restaurants, and there’s an active street life ,” says Brown, who founded the Los Angeles- based development company LocalConstruct with Lynch in 2008. Casey Lynch, left, and Mike Brown have made their mark in Boise. Provided by LocalConstruct But in 2011, fewer than 4,000 people lived in Downtown’s scattered apartment and condominium buildings and houses. On a typical weekday afternoon , most Downtown workers got in their cars and put the city in the rearview mirror. Brown and Lynch saw an opportunity. They thought Boiseans would trade ample floor space and vaulted ceilings in the suburbs for smaller, high- end Downtown apartments that offered amenities like gyms, a do...

Silicon Valley companies like Google, Apple fueling housing crisis

The city of East Palo Alto , a wedge of modest houses and light industrial sites in the heart of Silicon Valley , has been passed by in the great tech boom . A historically black area , it has seen a big Hispanic influx in the past two decades, with more than three out of four residents now coming from one of those two groups. It is still living down its reputation, gained a quarter of a century ago, as the murder capital of the US: one out of every 571 of its residents was the victim of a homicide in a single year. Things have improved since then. But over the same period, it has become the poor neighbour to some of the world's richest companies. In one of the ultimate signs of the divide between the haves and have-nots of the western US, the municipal government of East Palo Alto didn 't own the rights to draw more from the state's water reserves, which it would need in order to grow. In June this year, it took a gift of cash, from the private foundation set up by Mar...

Converted Office Parks Try to Lure Millennials With Cheaper Rents

Developer National Resources has for several years been studying different office, retail and residential schemes for an underused corporate campus designed in the 1960s for International Business Machines Corp. in East Fishkill, N.Y. But now, as National Resources moves to close on a deal to buy a 300-acre site, the Greenwich, Conn.- based developer is recognizing that housing has got to be a central component of the plan. Firm principals Lynne Ward and Joseph Cotter recognize low rents are the best way to lure millennials and others away from New York City, about a 90-minute drive away. National Resources is paying an undisclosed price for the land from California- based semiconductor company Globalfoundries , which purchased IBM’s semiconductor business in 2015 and still runs a slimmed down operation at the East Fishkill site that employs around 1,700 workers. Related Articles Over the next five years National Resources plans to introduce efficiently sized apartments cu...

Top restaurateurs talk ‘going corporate’ in the ever-changing culinary landscape

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Almost 10 years ago, Cactus Club Cafe made an announcement that sent shockwaves across the food world. Rob Feenie, then one of the country’s brightest culinary stars , would be going to work for the Vancouver-based “casual fine dining” chain. The move was calculated on both sides – at the time, Feenie was looking for a stable place to land after walking away from his two restaurants, the result of an acrimonious split with his former business partners. And Cactus Club could cash in on the cachet and street cred a name such as Feenie’s carried at a time when the power of food culture and food television (of which Feenie had been a star) was becoming fully realized. Still, the reaction was swift. “Yikes, Feenie really sold out on this one,” one commenter on the the foodie forum eGullet said at the time. “The power of the dollar!” That announcement was just the start. In the near-decade since, many of the best restaurants across Canada have seen their top talent leave for jobs at c...