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Busy Plano tollway corner will get huge mixed-use development | Real Estate

Provident Realty and the Baccuses hired O'Brien Architects to design the planned retail, restaurant and office development . "The goal is to create something iconic both architecturally and as a sense of place," said Mick Granlund, vice president at O'Brien Architects. "We have planned the site to incorporate and build upon an existing grove of beautiful trees." Office towers, hotel Early plans include three office towers of eight to 10 floors, a boutique hotel and more than 50, 000 square feet of retail space to be constructed along Spring Creek. "There are a lot of good brands for restaurants and retail that are now highly aware of Legacy, but they couldn't get into that market," Backes said. "We are giving the retailers and restaurants high visibly while still keeping the walkable, urban environment ." The retail buildings will be clustered in a park-like campus just south of the planned high-rises. "We have the capacity t...

Selling points: Sela buys NJ resi complex for $40M, Kamber acquires UWS portfolio for $50M

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Gebroe-Hammer Associates Coveted apartment  complex fetches $40M An apartment community in tony West Orange , NJ,  has been sold for $40.5 million. Gebroe- Hammer Associates brokered the sale of the 178- unit Crest Ridge Apartments complex . The team of Greg Pine and Adam Zweibel exclusively represented the original developer , Rockledge Realty, LLC, and procured the buyer, Sela Realty Investments , in the transaction. Located at 200 Mt. Pleasant Ave. at the base of an 80 ft. cliff, the 16-building, historically well- occupied complex posed an extremely rare acquisition opportunity within the Northern New Jersey metro. “Situated in the Town Center section of West Orange, Crest Ridge Apartments is at the heart of one of the most expensive, in- demand local neighborhoods as well as the transit- filled greater West Essex County submarket ,” said Pine. “In a township where apartment rentals make up only about one-third of the housing stock, Crest Ridge Apartments is a gem favored...

Plano's Legacy West adds novel bookstore eatery and 12 new shops

Plano shopping and dining mega- center Legacy West has signed on more than a dozen new stores and restaurants, set to open in the fall. They will join Legacy West 's burgeoning lineup of tenants including the recently opened flagship Frontgate store ; Warby Parker; and the first Tommy Bahama Store and Restaurant in Dallas-Fort Worth. Among the openings are the largest food hall in North Texas and new concepts from Barnes & Noble and Starbucks. Here's the list: Barnes & Noble Kitchen The new Barnes & Noble concept store opening at Legacy West will be the first in the Southwest to offer not just the latest novels, but a restaurant with an expanded menu including beer and wine. The Legacy West new concept store will have 9,000 square feet, and will be a place to relax, discover new books, listen to an author speak, and have a glass of wine. Especially the part about the glass of wine. Barnes & Noble is the nation's largest retail bo...

Canada’s brand new apartment buildings

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Today’s generation of new apartment buildings looks nothing like its dated predecessors. Built to emulate high-end condominiums but with the services and amenities of upscale hotels, these extraordinary vertical communities boast beautiful designs and common spaces to die for. Here’s a look at some of the new, state-of-the art apartments emerging in cities all across Canada and a list of their featured amenities. From East to West and top to bottom, apartment living today is anything but bland. The Alexander Location: Halifax Owner/Manager: Killam Apartment REIT Opening: October 2017 At 22 storeys, The Alexander is a brand new residential development located on Lower Water Street in downtown Halifax. A blend of  modern and historic with its ironstone base and a soaring glass tower , The Alexander will provide residents with convenient access to the popular Brewery Market Square where on- site retailers abound . Building amenities include : a spacious 800+ square foot lobby; a...