Apartment Look

GRAND RAPIDS, MI - There's still a lot of concrete to be poured and drywall to be painted, but progress is being made on two of the city's largest apartment construction projects . Rockford Construction Co. and Wolverine Building Group handed out hardhats and safety vests to reporters on Wednesday, Aug. 23, so they could show off the progress they are making on projects along Market Avenue SW and in the Midtown Neighborhood along the Medical Mile.. At 234 Market Avenue SW , Rockford Construction is past the halfway point in building an apartment complex that will include 235 rental units , a 300- car parking ramp and ground floor retail space The property sits just west of a $60 million expansion of Founders Brewing Co. and across Market Avenue from 19 acres of riverfront property used by city public works departments . The city-owned land is on the market as a prime site for future development. Project manager Dan Korcek said they are on schedule to complete the $44 mil...

When it comes to condominium development , Cascadia’s two largest cities couldn ’t be more different. Last year nearly 60 percent of new housing starts in the city of Vancouver, BC , were condominiums; meanwhile, Seattle saw no new condominium buildings open . And that’s not changing anytime soon: less than 10 percent of all building slated for downtown Seattle in the next three years will be condos. What’s the difference—why the blossoming of condominium construction in one city and the almost complete dearth in the other? The short answer is economics. In Vancouver, apartments are saddled with an unfavorable tax code , making condos the more lucrative multi- family housing investment even despite high rental demand . In Seattle’s skyrocketing rental market , one that’s climbed even faster than the condo market in recent years, apartment buildings are much more financially attractive, while condos come with bigger risks and, typically, lower returns. Compounding this profit differe...

Mizner 200 will be one of the largest construction projects in Boca Raton's downtown, offering three nine- story apartment buildings across 9 acres. There will be 384 new apartments and garages with 672 parking spaces. You’ll also see an overhauled stretch of Southeast Mizner Boulevard — inundated with new canopy trees, park space and benches along an 8-foot-wide, paver-laden sidewalk. It’s too early to say when construction will begin. But Mizner 200, at 200 SE Mizner Blvd ., will give the area a much-needed face-lift, some residents say. It’s the latest high- rise project coming to downtown Boca, among the fastest rising in Palm Beach County . “It’s an amazing project and one that I think Boca can stand behind in a very proud fashion,” said Marisela Catilla, a resident of Royal Palm Place just across the street. The city, which this week approved the project, said it’s a product of cooperation between Mizner 200’s developer, Coral Springs-based El- ad National Properties , a...

When Poliana Okimoto stepped onto the podium with a 10km open water Olympic bronze medal around her neck she thought her life was about to change forever. Gleefully accepting Brazil 's first ever swimming medal , the 34-year-old allowed herself to get caught up in euphoria sweeping the country. Fast forward 12 months , though, and things feel very different. After the athletes left Rio , so too did the optimism as political scandals, including millions of pounds of public money allegedly stolen in bribes for Olympic constructions projects , plunged the country into economic chaos.  Rio de Janeiro itself declared itself bankrupt just days after the Olympics closing ceremony , with no more money to pay suppliers to the Games, while hospitals, schools and the police have born the brunt of drastic cuts to public services . public money allegedly stolen in bribes for construction projects , which have plunged the country into economic chaos. Pictured: Brazilian athlete Poliana Oki...

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...