Apartment Look

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...

City Council considered on Tuesday is a 200-unit multi- family apartment complex (shown with a green border) near the intersection of Willow Lake Road and Highway 89; it’s currently the Dells View Mobile Home Park ." /> Photo by Tim Wiederaenders. One of the housing projects that the City Council considered on Tuesday is a 200-unit multi- family apartment complex (shown with a green border) near the intersection of Willow Lake Road and Highway 89; it’s currently the Dells View Mobile Home Park . PRESCOTT – Traffic concerns dominated much of the discussion this week on a 200- unit apartment complex planned near the Willow Lake Road / Prescott Lakes Parkway intersection. Several residents voiced worries at the Tuesday, Sept. 13, Prescott City Council meeting that Prescott Lakes Villas , a seven- building apartment complex planned at 2051 Willow Lake Road , would increase traffic congestion on Willow Lake Road – especially at the busy interse...

The ACT major projects group and planning authority have approved JW Land 's new 12- storey building for the corner of Ainslie Avenue and Currong Street in the city, after initial designs were rejected. The approval clears the way for construction of 329 apartments on the former public housing block , along with some restaurant and retail space and a child care centre , plus three levels of basement parking . apartment block ." title="" src="https://www.fairfaxstatic.com.au/content/dam/images/g/x/9/4/e/m/image.related.articleLeadwide.620x349.gxylab.png/1503007705548.jpg" /> A view of the laneway off Cooyong Street in designs for a the apartment block .   The redevelopment has been controversial for the scale and prominence of the block and the scale of the building, which includes a 12-storey tower on the corner, and lower buildings behind facing the historic Gorman House precinct . The site was auctioned by the ACT government 18 months ago, with SH...

Demolition begins this week on a downtown San Pedro block that will be transformed into a seven- story apartment building that many hope will boost patronage for area shops, restaurants and the waterfront now beginning to take shape. Officials will mark the start of demolition at an informal groundbreaking at 9:30 a.m. Thursday at 550-560 S. Palos Verdes St . A more formal ceremony will be held in the coming weeks, according to the developer. Demolition is expected to take about a month and construction of the new 375-unit building should be complete in about three years, with the opening anticipated for 2020. It’s one of several residential developments planned to be built in and around the downtown San Pedro area over the next few years. Originally under the hands of Omninet Capital, the project was sold to Holland Partner Group in June for $24.5 million. Holland also is in exclusive negotiations to redevelop San Pedro ’s closed county courthouse just blocks away. Fewer, bigger...

  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, ...

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...

Council Member Laurie Cumbo (@cmlauriecumbo) Hundreds of Crown Heights residents and community activists laughed and jeered at a recent community forum as a lanky man wearing a paper mask of Mayor Bill de Blasio joked about bringing affordable housing to their neighborhood. The event was punctuated by moments of levity but mostly dominated by anger from residents who feel their elected representatives have sold out their interests to the real estate industry , with a focus on the proposed redevelopment of the vacant Bedford Union Armory . The de Blasio administration , with a developer, is proposing a combination of affordable and market rate rental apartments , condominium units, and recreation space for the massive site. City Council Member Laurie Cumbo , who represents the district, did not attend the August 2 forum focused on the project -- she was just days from giving birth to a son -- and when representatives of her office tried to speak, they were shouted down. The ev...