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November 20, 2024 | By Joshua LeslieNew spec distribution center opens near BWI Airport

Colliers tapped to market Hanover Logistics Center

Ridgeline Property Group has wrapped up development on a new speculative distribution center near BWI Airport in greater Baltimore.

November 20, 2024 | BY JOSHUA LESLIE
November 20, 2024 | By Lou HirshTarget cites tight consumer budgets as sales flatten; Comcast to spin off cable networks; Construction jobs rise

What you need to know to start your day

Target cites tight consumer budgets as sales flatten

November 20, 2024 | BY LOU HIRSH
November 20, 2024 | By Candace CarlisleCore Scientific converts Texas bitcoin campus to $6.1 billion data center hub as AI industry surges

Data centers provide more consistent revenue than cryptocurrency industry, executives say

A North Texas city is paving the way for Core Scientific to spend $6.1 billion to convert its local bitcoin cryptocurrency operations to a data center hub for artificial intelligen...

November 20, 2024 | BY CANDACE CARLISLE
November 20, 2024 | By Randyl DrummerAffordable housing builder plans largest project of its kind in Seattle, where rents outpace US

Bellwether Housing pitches conversion of aging apartments into 730 units

An affordable housing provider is planning what could be the largest income-restricted rental project in Seattle, where a shortage of cost-conscious residential property has contri...

November 20, 2024 | BY RANDYL DRUMMER
November 20, 2024 | By CoStar News StaffCoStar World News for Nov. 21

Investor plans to buy three Tokyo hotels; Global law firm leases large London office space; BlackRock partners in French logistics property purchase

November 20, 2024 | BY COSTAR NEWS STAFF
November 20, 2024 | By Paul OwersThis wide-open green space north of Dallas may soon become 300 homes

Development aims to meet housing demand in nation's fastest-growing metropolitan area

The sale of 116 acres in North Texas is expected to pave the way for more than 300 homes in one of the nation's fastest-growing metropolitan areas.

November 20, 2024 | BY PAUL OWERS
November 20, 2024 | By Andy PetersArchitects' billings rise slightly in October, breaking long string of declines

Some architecture firm leaders expect revenue growth in 2025, according to monthly AIA survey

U.S. architecture firm leaders are seeing a potential rebound in business after more than a year of developers taking a cautious approach to pursuing new projects.

November 20, 2024 | BY ANDY PETERS
November 19, 2024 | By Candace CarlisleLincoln Property starts last-mile logistics hub near Dallas Love Field

Dallas-based developer plans to complete two-building industrial complex by October 2025

Lincoln Property, a growing global real estate services firm, is beginning work on replacing an aging truck terminal facility with a new two-building industrial project near Dallas...

November 19, 2024 | BY CANDACE CARLISLE
November 19, 2024 | By Paul OwersAnother drop in housing starts doesn't dampen industry optimism

Analysts, builders expect more construction next year despite potential new policies, tariffs

Overall U.S. housing starts are down for a second consecutive month, but analysts remain upbeat that demand will be strong for new homes going into 2025.

November 19, 2024 | BY PAUL OWERS
November 19, 2024 | By Sylvia OBrienDallas firm finishes construction of distribution building in Denton, Texas

New building is one of three distribution facilities in ICC-35 industrial park

Local firm CLX Ventures has completed the construction of a four-star distribution building in Denton, Texas.

November 19, 2024 | BY SYLVIA OBRIEN
November 18, 2024 | By Andy PetersConstruction to start on ice hockey rink, entertainment venue in Tucson, Arizona

Complex will host home games for University of Arizona ice hockey

Construction is scheduled to begin this week on an ice hockey arena in the Arizona desert designed by JLG Architects that features a restaurant with retractable glass doors overloo...

November 18, 2024 | BY ANDY PETERS
November 18, 2024 | By Joshua S. AndinoArmani plans latest luxury condominium project in southern Florida

Developers partner to build Armani/Casa Residences Pompano Beach

Italian fashion house Armani is planning its second residential project in South Florida in an area that is seeing increased development along the waterfront for luxury condominium...

November 18, 2024 | BY JOSHUA S. ANDINO
November 18, 2024 | By Linda MossOnyx, Russo kick off construction of New Jersey cold storage facility

Project marks redevelopment of former Novartis office space

A cold storage provider owned by Related Cos. is entering the Northeast market with a 380,000-square-foot facility under construction on part of a pharmaceutical maker's campus in ...

November 18, 2024 | BY LINDA MOSS
November 18, 2024 | By Paul OwersCondo tower in works for this Florida Gulf Coast town known for its quieter confines

Units at Aura at Metropolitan in Naples priced from $2.5 million

A developer is building a boutique condominium tower in the tony Gulf Coast town of Naples, Florida, a growing luxury market for baby boomer retirees.

November 18, 2024 | BY PAUL OWERS
November 15, 2024 | By Jon LeckieCrescent Communities starts multifamily development in North Carolina

Firm aims to initially open 318 apartments of Charlotte location’s 2,350 planned residential units

National real estate developer Crescent Communities has broken ground on its latest apartments, marking the first multifamily development to start work within a 14,000-acre master-...

November 15, 2024 | BY JON LECKIE
November 15, 2024 | By Andy PetersShriners hospital for children in Texas adds residential units for families

Pediatric hospitals across US are expanding, renovating facilities

Shriners Hospitals for Children opened a 40-unit housing facility in Galveston, Texas, for family members of children receiving specialty care at the nonprofit group's pediatric ho...

November 15, 2024 | BY ANDY PETERS
November 15, 2024 | By Lauren DiggsLarken Associates breaks ground on multifamily complex

Trailside Village to open in 2026

Larken Associates has broken ground at Trailside Village, a 21-building luxury multifamily property featuring 420 units in Forks Township, Pennsylvania.

November 15, 2024 | BY LAUREN DIGGS
November 15, 2024 | By Randyl DrummerTrammell Crow starts apartment project in Seattle's Roosevelt neighborhood

Seven-story complex next to Link light-rail station slated for late-2026 opening

High Street Residential, real estate developer Trammell Crow's multifamily subsidiary, broke ground on a 244-unit apartment project next to the Link light-rail station in northeast...

November 15, 2024 | BY RANDYL DRUMMER
November 14, 2024 | By Brannon BoswellLive Nation upgrades venues with premium focus to capitalize on 'superfans'

VIP experience drives revenue growth for world's largest event producer

The world’s largest producer of live events is adding more premium seats to its venues to cash in on growing demand from consumers craving high-end experiences in the wake of the C...

November 14, 2024 | BY BRANNON BOSWELL
November 14, 2024 | By Candace CarlisleDigital Realty to expand Dallas-area data center capacity with land deal

REIT reports record backlog of construction projects and new leases amid significant demand

Global data center provider Digital Realty Trust is expanding its Dallas-area data center campus as it rushes to meet demand for capacity while dealing with a record backlog of con...

November 14, 2024 | BY CANDACE CARLISLE
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