Apartment Look

It’s been nearly two years since we checked in with the ODA Architecture-designed project at 10 Jay Street in Dumbo, distinctive for its crystalized facade. That facade is now coming into shape at the construction site, photos by Brownstoner have revealed. Initially, developers Glacier Global Partners and Triangle Assets were planning to convert this 19th century red brick building into 46 condos with retail at the base, but in October 2015 the developers decided instead to convert the building into an office and retail space. The city’s Landmarks Preservation Commission was impressed by the design team’s sugar crystal- inspired facade for the building, and approved the plans in March 2015. Built in 1897, the building served as a sugar refinery for several decades until it was converted into a warehouse in 1945. The building’s original red brick , river-fronting facade was replaced by concrete in later years, and in their plans, the developers now transforming the building asked ...

To Alice Fonseca, getting an apartment at The Beverly building downtown would be like winning the lottery. The 14-story project, set to open near North Station early next year, isn’t quite like all the other luxury housing that has sprouted up in downtown Boston recently . Every one of its 249 units will rent at below-market rates, with a one-bedroom starting at $900 a month for tenants of modest incomes. That’s about a third to half the cost of a similar unit just across the street. Advertisement “It’s a beautiful area , a dream area,” said Fonseca, who currently lives near Franklin Park, and will enter a lottery later this year that will choose The Beverly’s tenants. Instead of the usual mix of a few low- income units amid high -priced apartments, The Beverly is the first new complex in Boston composed entirely of “workforce housing,” an emerging category of midpriced housing with more affordable rents and wider income restrictions . The Beverly is setting aside 20 percent of its...

Mountain View's rent- control program has already survived political and legal trials -- but what about the business test? An increasing number of apartment owners appear to be cashing out rather than working under the new restrictions. If the trend continues, some say it will lead to a cascade of redevelopment spearheaded by large corporate buyers . This scenario would result in older apartments being phased out and replaced with new housing that is exempt from rent control. Those looking at the data with a more critical eye point out that sales of apartment buildings are up throughout the South Bay, and that the number of buyers indicates a healthy interest in investing in Mountain View housing , regardless of rent control. To take one example, Fremont residents Ann and Paul Lethers decided in June to sell their 18-unit complex on Del Medio Avenue in Mountain View, which they created from separate purchases of two adjacent nine-unit buildings. They say they h...

Photo: Google Maps McCombs Enterprises wants to partner with other developers to build 60 acres of retail and three apartment complexes with about 350 units each on 145 acres of land near SeaWorld San Antonio . McCombs Enterprises plans to fill 145 acres of vacant land along Loop 1604 near SeaWorld San Antonio with apartments and retail, adding to the far West Side’s roaring growth. The local firm wants to partner with other developers to build 60 acres of retail and three apartment complexes with about 350 units each on the property, at the northwest corner of 1604 and Military Drive, said Harry Adams, its executive vice president of real estate and development. Construction is set to begin in the next year, Adams said; how long it will last depends on future market trends . McCombs isn’t sure yet how it will finance the project, he said. “The far west market is by far the best situated for substantial development and growth,” Adams said, citing the area’s growing infrastructure...

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...

JENKINSVILLE (AP) — For the better part of a decade, thousands of people showed up in this town on the shores of Lake Monticello and got to work on a project that was sure to change its fortunes. As a pair of nuclear reactors rose behind the gates of the V.C. Summer power plant , a town of fewer than 100 residents suddenly had a few thousand. Campsites and restaurants sprang up before long to meet the new need, banking on a few more years of construction work and decades of maintenance to come. The boom in this rural corner of Fairfield County coincided with rising hopes in Winnsboro, the county seat, which is 25 minutes east on winding backroads. South Carolina Electric & Gas was spending billions of dollars to build two of America's first new nuclear reactors since the 1980s, and county officials expected a property tax windfall — tens of millions of dollars every year for decades. They imagined new fortunes for one of the state's smallest counties, a place with a sh...

The long retail spine of Sydney Road, Brunswick, just north of Melbourne's CBD, was once a prosperous trading outpost on the way to the goldfields. These days it's a bohemian mix of variety stores, op shops, halal butchers and Lebanese bakeries. Take a side street to the west, however, and a different picture emerges. Sandwiched between Sydney Road and the Upfield train line is an area undergoing rapid and widespread transformation. Light industry is fast being replaced by mid- rise apartment buildings , their inhabitants attracted by the short commute into town and cheaper prices than in the city's south-east. The quality of these units is, on the whole, depressingly bad; think poor ventilation and bedrooms that "borrow" natural light (a weasel word for being dark and windowless). The occasional jazzy façade tries feebly to make up for otherwise cheap construction amid a chorus of greys. At ground level, carpark roller doors alternate with mean pocket garden...

The long retail spine of Sydney Road, Brunswick, just north of Melbourne's CBD, was once a prosperous trading outpost on the way to the goldfields. These days it's a bohemian mix of variety stores, op shops, halal butchers and Lebanese bakeries. Take a side street to the west, however, and a different picture emerges. Sandwiched between Sydney Road and the Upfield train line is an area undergoing rapid and widespread transformation. Light industry is fast being replaced by mid- rise apartment buildings , their inhabitants attracted by the short commute into town and cheaper prices than in the city's south-east. The quality of these units is, on the whole, depressingly bad; think poor ventilation and bedrooms that "borrow" natural light (a weasel word for being dark and windowless). The occasional jazzy façade tries feebly to make up for otherwise cheap construction amid a chorus of greys. At ground level, carpark roller doors alternate with mean pocket garden...