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PORTLAND MEIER FRANK BUILDING REDEVELOPMENT
KBS bought Portland’s 16-story Meier & Frank department store for $54 million in 2016; it then transformed the landmark into Class A mixed-use spaceIn November 2016, real estate firm KBS bought the 16-story building for $54 million in a joint venture with private developer Sterling Bay....- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%A piece of advice for those who still have the stomach to invest in the current volatile market. Don’t take any price action as the gospel ...
- Adani starts Dharavi rehabilitation work on 22-acre Matunga land parcelAdani Navbharat Developers Pvt Ltd has initiated construction of rehabilitation homes at the 22-acre Matunga railway site. This project wil...
- Jamestown bought Atlanta’s former Sears building for $27 million. Here’s how it became Ponce City MarketJamestown bought Atlanta’s former Sears building for $27 million in 2011 and transformed the 2.1-million-square-foot property into Ponce Ci...
- What happened to Danbury's Crowne Plaza hotel? Its 10-story building has found an entirely new purposeDanbury's Crowne Plaza hotel has been redeveloped into an apartment complex called Innovation Studios after years of decline. The project w...
- Architect fights to save India's past, built on 'stone, tears and sweat'For over thirty years, Abha Narain Lambah has dedicated her life to preserving India’s rich cultural heritage, focusing on ancient temples ...
- In a world no one forecast, own a business that outlives presidential social posts: 6 large-cap stocks with upside potential of up to 29%For quite some time now, it has become increasingly hard to make sense of what is happening in the world. The old understanding of what is ...
- Texas’ 1927 Hawn Hotel closed in 1978 and was condemned in 1989; a $17.6 million rehabilitation converted the vacant tower into 33 housing units and ground-floor commercial spaceThe Hawn Hotel in Temple, Texas, has transitioned from a long-vacant structure to a modern residential and commercial space. Completed in 1...
- Charlotte’s former Duke Energy headquarters gets $250 million in financing for 460 luxury apartments and 60,000 sq ft of retail by 2027Charlotte’s former Duke Energy headquarters is set for more than $250 million transformation after developers secured financing. The Brookl...
- Publix is shutting stores across the Southeast: See which locations are closing for goodPublix is not pulling back in a major way. The company has more than 1,440 supermarkets across eight states in the Southeast. Publix says s...
- In 2019, Lovett Commercial bought Houston's historic 254,808-sq-ft Folgers plant; 7 years later, a $10 million reuse project was turning it into an arts and school hubHouston's historic Folgers Coffee Plant is being transformed into the Frank Liu Jr. Academy of Music and Arts, a tuition-free, open-enrollm...
- Newark airport used coal waste in runways built for jumbo jets: What FHWA found 20 years laterA 1970s pavement project at Newark International Airport in New Jersey used coal fly ash, lime, Portland cement and sand to create a stabil...
- The 1952 El Portal Church sat boarded up for a decade. After a $5.5 million sale in 2021, its future became a major redevelopment fight- here's what actually happened to the historic 75-year-old churchIn El Portal, a long-abandoned church has been bought by Elm Springs for commercial development. However, Adam Neumann has since taken cont...
- Mumbai airport plans Rs 2,000 crore revamp to handle 55 flights an hourMumbai International Airport Ltd is planning to invest Rs 2,000 crore in airside projects to enhance capacity. They aim to raise peak-hour ...
- In 2015, a Portland entrepreneur borrowed $5,000 to make a leather journal; 6 years later, his brand crossed $100 million in salesA leather journal made in a Portland garage became the starting point for Portland Leather Goods, a company that grew far beyond local craf...
- In 2015, a Chicago entrepreneur invested $5,000 in a CFO side hustle; years later, it became a seven-figure business with 16 staffJohn Frank started Third Road Management after finding an opportunity to offer strategic, financial and operational aid to small and mid-si...
- Maharashtra sets stricter redevelopment norms, higher safeguards for housing societiesMaharashtra has tightened redevelopment rules for cooperative housing societies, introducing stricter requirements for developer selection,...
- Mumbai property market continues strong run, records best-ever SeptemberMumbai recorded its strongest-ever September for property registrations, with 12,560 transactions, up 4% year-on-year, according to Maharas...
- 75-day traffic & power block: From October 1, 8 Mumbai-bound trains to be short-terminated as CSMT redevelopment resumesCentral Railway will impose a 75-day traffic and power block at CSMT from October 1 to December 15 for redevelopment work, affecting platfo...
- A 292-room Hilton in Houston shut its doors after years as a hotel; developer Bryan Kang then planned a $40 million conversion of its 200,000 sq ft into housingA former 292-room Hilton Houston Galleria at 6780 Southwest Freeway could obtain a fresh purpose via a planned $40 million residential chan...
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