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Real Estate & Development in ...
An apartment complex near Geodis Park traded at about a 30% discount from its 2022 price, creating an estimated $23 million loss and highlighting a local market reset.
Austin City Council adopted a rezoning for the four‑acre 1000 Red River block, replacing mixed zoning with a unified Downtown Mixed Use designation and opening the former TRS campus to redevelopment.
Cherry Development will divert $200 a month from participating renters into a down-payment account accessible after 12 months; the funds must be used locally and are capped after two years.
An historic South Main building has reopened as a nearly 30,000‑sq‑ft events venue and quietly hosted about 170 people at a March launch.
Vista Terrace opened in Panorama City with 102 affordable apartments, including 25 permanent supportive units and on‑site services aimed at helping families stabilize.
A Greenwich Village townhouse once home to generations of artists sold for $21.5 million, ending nearly 70 years of family ownership.
Vaya Development filed plans for a 28‑story, 285‑unit tower at 164‑02 Jamaica Avenue, pairing the firm with nonprofit Comunilife as Jamaica’s rezoning reshapes the corridor.
Founder Tom Lix is fast‑tracking a bar and food program at his South Flats distillery as Bedrock pushes forward with riverfront venues.
Another missed deadline puts Glendale’s $1.2B VAI Resort off track for 2026, casting doubt on hiring and revenue plans tied to the project. Local coverage and officials say no firm opening date is set.
The former Salesforce offices at 111 W. Illinois are becoming 111 Point: 153 apartments with high‑end finishes, Peloton facilities and a coworking lounge. Move‑ins begin May 22.
A Duluth-based partnership has filed to add roughly 250 homes inside Peachtree Corners' Technology Park, a plan that heads to a council hearing on April 28.
David MacNeil reportedly sold his Harbor Beach estate in Fort Lauderdale for about $34M after a rapid listing period. The move dovetails with his larger Florida purchases.
Thor Equities quietly repurchased 440 Broadway in SoHo — the same storefront it lost to foreclosure last year — signaling a selective return to Manhattan retail holdings.
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