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San Jose"s City Council just unanimously approved Google"s Downtown West project

The 80-acre project, first unveiled by city officials in 2017, is the largest in San Jose's history and could house 20,000 Google employees if fully built out......»»

Category: topSource: bizjournalsMay 26th, 2021

Orlando city council OKs electric scooter pilot program

The Orlando City Commission unanimously approved a modified ordinance that will allow for electric scooters in downtown and beyond. The commission on Dec. 9 approved the program, which allows companies to have 200 scooters to start and eventually .....»»

Category: topSource: bizjournalsDec 9th, 2019

Rocklin selling downtown land for multifamily project

After a city-approved sale, land in downtown Rocklin is a step closer to becoming the site of a 78-unit live/work multifamily project. Developer Rocklin Quarry Oaks 7 LLC has city approval to buy the 1.7-acre vacant property west of where Pacific S.....»»

Category: topSource: bizjournalsMay 14th, 2018

San Jose"s City Council just unanimously approved Google"s Downtown West project

The 80-acre project, first unveiled by city officials in 2017, is the largest in San Jose's history and could house 20,000 Google employees if fully built out......»»

Category: topSource: bizjournalsMay 26th, 2021

L.A. signs off on $1-billion "mini-city" in the west San Fernando Valley

The Promenade 2035 project will replace a shuttered shopping mall in Warner Center with a new "downtown district" featuring a supermarket, public plazas, high-density housing and a 10,000-seat sports a.....»»

Category: topSource: latimesDec 13th, 2020

Incentives approved for downtown corporate HQ project

The city's Industrial Development Board approved incentives for a project that could bring a new corporate headquarters to the city center......»»

Category: topSource: bizjournalsMar 31st, 2020

Waddell & Reed selects site for $140M headquarters tower

Waddell & Reed Financial Inc. has selected a location for its new $140 million headquarters in downtown Kansas City. During a Wednesday city council committee meeting regarding approval of the local incentives for the project, the Overland Park-bas.....»»

Category: topSource: bizjournalsDec 4th, 2019

City approval sets stage for Dayton Acade"s long-awaited financial close

The city of Dayton has approved nine items related to the Dayton Arcade redevelopment, setting the stage for the project's much anticipated financial close. On Wednesday, the Dayton City Commission unanimously approved seven ordinances and two resoluti.....»»

Category: topSource: bizjournalsApr 10th, 2019

Council approves incentives to support 213 potential jobs for downtown Greensboro

The city of Greensboro agreed today to kick-in $426,000 in incentives to support a project that could potentially bring 213 jobs to downtown Greensboro. In a March 15 special meeting, the City Council voted unanimously to approve the incentives to h.....»»

Category: topSource: bizjournalsMar 15th, 2019

$1.3B Winthrop Square tower gets city approval

The Boston Planning and Development Agency on Thursday unanimously approved Millennium Partners’ $1.3 billion Winthrop Square proposal, putting the city’s stamp of approval on a project that sparked protracted debate around shadows, height and ar.....»»

Category: topSource: bizjournalsMay 17th, 2018

(Gallery) Developer to bring $27.7M downtown project to city council

A developer is planning to build up to 90 apartments, townhomes and row houses on a three-acre site at the southwest corner of South Elm Street and Gate City Boulevard – if the Greensboro City Council votes Tuesday to sell the property to an LLC affilia.....»»

Category: topSource: bizjournalsAug 17th, 2018

City to vacate property for BJCC stadium project

The city of Birmingham is vacating areas along two downtown roads to make way for the Birmingham-Jefferson Convention Complex’s stadium project. The Birmingham City Council approved on Tuesday the vacation of 180,149 square feet of 23rd Street .....»»

Category: topSource: bizjournalsAug 29th, 2018

Dayton commission ratifies $300K agreement to support new bike park

A new bike park planned for the city of Dayton is gaining momentum following the approval of a service agreement with the project's developers. The Dayton City Commission this week unanimously approved a service agreement with the International Mo.....»»

Category: topSource: bizjournalsSep 4th, 2018

Orlando OKs conditional plan for $107M Creative Village apartment complex

The Orlando City Commission today helped move forward two pieces of the planned $1 billion, 68-acre, mixed-used Creative Village in downtown. The commissioners voted unanimously during the Sept. 4 city council meeting to give conditional approval.....»»

Category: topSource: bizjournalsSep 4th, 2018

Hoover green lights controversial pet boarding facility

A proposal for a new $3.5 million to $4 million pet boarding facility that came under heavy fire from Hoover residents is now moving forward after significant changes. Hoover’s city council unanimously approved a revised plan for a new 14,240-sq.....»»

Category: topSource: bizjournalsFeb 22nd, 2019

Mayor charges up plan to build offshore wind farms in New York waterways

Mayor Bill de Blasio and New York City Economic Development Corporation (NYCEDC) have announced a 15-year, $191 million Offshore Wind Vision (OSW) plan to make New York City a leading destination for the offshore wind industry. The plan also ensures the city meets nation-leading climate goals of 100-percent clean electricity... The post Mayor charges up plan to build offshore wind farms in New York waterways appeared first on Real Estate Weekly. Mayor Bill de Blasio and New York City Economic Development Corporation (NYCEDC) have announced a 15-year, $191 million Offshore Wind Vision (OSW) plan to make New York City a leading destination for the offshore wind industry. The plan also ensures the city meets nation-leading climate goals of 100-percent clean electricity by 2040 and carbon neutrality by 2050.  The move to wind investment will put New York City on path to create over 13,000 jobs and generate $1.3 billion in average annual investment, according to the EDC. It will also reduce  CO2 emissions by 34.5 million tons – the equivalent of removing nearly 500,000 cars from roadways for 15 years “The Climate Crisis is real. New York City will serve as the model for taking climate action and growing the Offshore Wind Industry with a real long-term vision plan focused on equity,” said Mayor de Blasio. “We have the opportunity now to deliver on promises and set the City on a path towards a sustainable future.”  Map of the five offshore wind projects in active development in New York New York already has five offshore wind projects in active development – the largest offshore wind pipeline in the nation totaling more than 4,300 megawatts and representing nearly 50 percent of the capacity needed to meet New York’s nation-leading offshore wind goal of 9,000 megawatts by 2035. In Sunset Park, Brooklyn, NYCEDC and its partners have collaborated to activate the South Brooklyn Marine Terminal (SBMT) into a OSW port, to be operated by Equinor, a global developer of offshore wind power operating the Empire Wind Project. This ensures that a sizeable piece of the burgeoning industry will land in New York City by the mid-2020s. Brooklyn Marine Terminal The plan announced this week cements the focus on three core areas: sites and infrastructure, business and workforce, and research and innovation.  New York needs to build the infrastructure that will support the construction and operation of offshore wind farms and the plan outlines how the city will expand its manufacturing sector to build, stage, and install wind turbines, and ensure they can be serviced and powered locally. NYCEDC will also be working with the offshore wind industry and partners to launch an accelerator that will allow New York-based startups to build out the next generation of technologies to support advancement in the field.  “This forward-looking plan to grow the Offshore Wind Industry sets New York City up to reduce emissions while creating good green jobs,” said United States Senate Majority Leader, Charles E. Schumer. “The Mayor has long understood the way transforming our energy system will drive our economy to new heights. I am thankful to him for continuing to provide bold leadership on this vital issue.” To help ensure progress is made, NYCEDC will establish an Offshore Wind Industry Advisory Council led by co-chairs Elizabeth Yeampierre, Executive Director of UPROSE, and KC Sahl, Northeast Energy Market Leader at VHB, a civil engineering firm active in the offshore wind industry. The council will be made up of additional community, business and nonprofit leaders with relevant expertise and experience. “For decades, offshore wind developers, supply chain manufacturers, consultants, and environmental justice organizations have dedicated themselves to a clean energy future, while creating economic opportunities for all communities. The New York City Offshore Wind Advisory Council will work to align these efforts to best serve the future of New York City,” said Sahl. In July, New Jersey cleared the way for hundreds of wind turbines off the state’s coast in coming years. Two wind farm projects have already been approved, potentially giving New Jersey the second-most offshore wind power of any state, behind only New York. The post Mayor charges up plan to build offshore wind farms in New York waterways appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklySep 24th, 2021

CPC approves rezoning to turn Blood Center into life science hub

The City Planning Commission today approved by vote of 8 to 2 the New York Blood Center’s ULURP application for an applied life sciences hub called Center East on the Upper East Side that will serve as a key driver of the city’s life science innovation ecosystem and a key... The post CPC approves rezoning to turn Blood Center into life science hub appeared first on Real Estate Weekly. The City Planning Commission today approved by vote of 8 to 2 the New York Blood Center’s ULURP application for an applied life sciences hub called Center East on the Upper East Side that will serve as a key driver of the city’s life science innovation ecosystem and a key part of its pandemic response infrastructure. The Blood Center’s project is one of the key rezonings left under Mayor de Blasio’s administration. Per the city’s land use process, the City Council will now consider a project that will see the New York Blood Center is partner with Longfellow Real Estate to transform its East 67th Street headquarters into a 600,000 s/f life science campus. Called Center East, the hub will replace NYBC’s existing facility with a state-of-the-art center anchored by NYBC, which supplies life-saving blood products and services to nearly every hospital across the five boroughs and delivers stem cell products to over 45 countries worldwide. “This is exactly the project our city needs right now. Center East will position New York to be a life science innovation hub, create jobs, stimulate billions in economic output annually, and open career opportunities for local students and young professionals. Our vision for a state-of-the-art life science facility will not only ensure the nonprofit Blood Center continues to provide safe, affordable blood services to the region’s hospitals, but enable the center to significantly expand its life-saving research on COVID-19 and blood-related diseases in collaboration with institutions and biotechnology partners all under the same roof,” said Rob Purvis, Executive Vice President and Chief of Staff, New York Blood Center. However, the project has seen opposition from the local community which has criticized its height and residential to commercial zoning it requires. Among the loudest voices against the plan is Council member Kallos, who told the City Planning Commission over the summer, “The New York Blood Center has been seeking to build a tall tower for as long as I can remember, for my entire career in politics, back to when I first started in 2006 on Community Board 8, and again in 2016. At every stage, their aggressive proposals have been rejected by elected officials and the local community.” Kallos said that the community doesn’t have a problem with expansion within current zoning, which would permit expanding the current three-story building to seven stories. However, earlier this month, a grassroots coalition representing thousands of New Yorkers endorsed the Blood Center’s proposal. Its members—including Laborers’ Local 79; Greater New York LECET (Laborers-Employers Cooperation and Education Trust); Building & Construction Trades Council of Greater New York; Urban Upbound; Community Voices Heard, Baruch Computing and Technology Center; and The Knowledge House—all signed a letter urging local Council Member Ben Kallos and the City Council to advance the project. GARY LABARBERA Gary LaBarbera, President of the Building and Construction Trades Council, said, “The New York construction industry lost 74,000 jobs and $9.8 billion in economic activity last year during the shutdowns triggered by the pandemic. Projects like Center East are critical to the future of New York City as we look to rebound, and build back stronger than ever. “The building and construction trade industry represents 20 percent of the city’s economy, 10 percent of jobs and 5 percent of wages. While it is disheartening to hear that the NIMBY voices are once again putting themselves and their own personal interests ahead of the greater good, it’s certainly not surprising or new. Center East will generate more than 1,500 full-time construction jobs and $1.1 billion in economic output annually. Our city needs this project now.”   CARLO SCISSURA Carlo Scissura, New York Building Congress President and CEO, added, “The New York Blood Center is a crucial hub for New York’s life science industry, and given the heightened need following the COVID-19 pandemic, now is the time to create a purpose-built center that will help the Blood Center’s important mission. New York City boasts industry-leading life science institutions, but we have yet to reach our full potential as one of the country’s leading life sciences hubs.” The post CPC approves rezoning to turn Blood Center into life science hub appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklySep 22nd, 2021

Hines, NPS acquire San Fran’ PG&E campus, plan massive redevelopment

Hines, the international real estate firm, and the National Pension Service of Korea (NPS), announced the acquisition of the historic Pacific Gas & Electric Company (PG&E) campus in the South Financial District in downtown San Francisco. Hines and its partner NPS, through their global build-to-core mandate, will reimagine and breathe... The post Hines, NPS acquire San Fran’ PG&E campus, plan massive redevelopment appeared first on Real Estate Weekly. Hines, the international real estate firm, and the National Pension Service of Korea (NPS), announced the acquisition of the historic Pacific Gas & Electric Company (PG&E) campus in the South Financial District in downtown San Francisco. Hines and its partner NPS, through their global build-to-core mandate, will reimagine and breathe new life into the site . Upon completion, the PG&E campus will represent the largest deal along Market Street in San Francisco in the last 10 years, and deliver two next generation office projects totaling approximately 1.6 million square feet and a future multifamily component. The first of the two office projects will consist of the restoration and renovation of a 600,000 s/f office complex dating back to the early 1900s. Hines plans to honor the building’s history and architectural integrity while elevating the office experience to trophy historic product quality. Hines will retain the historic architecture of the building facade and the original lobby but upgrade the building’s systems and technological capabilities to achieve the modern functionality of a Class-A office building. 77 Beale, to be renamed 200 Mission, is an existing 1,000,000 s/f 34-story tower which will be repositioned into a brand-new, premier office tower oriented toward Mission Street. Hines will completely transform the existing dated building into a state-of-the-art tower including all new systems and aesthetics. Led by Pickard Chilton, the future-facing design will meet the needs of a range of occupiers seeking to entice the next generation of workforce talent.    Lastly, Hines anticipates commencing the development of 50 Main, a new multifamily apartment complex that will consist of over 600 units. More details will be released in relation to this ground-breaking residential site in the future. “The site of PG&E’s headquarters is undoubtedly one of the best locations along the entire West Coast and we believe these projects will be the epitome of the next generation of office buildings, designed to answer future tenant needs by addressing what their employees want,” said Paul Paradis, senior managing director at Hines. “We are excited to be on the front lines of cutting-edge innovation in the built environment.” As part of the joint venture that NPS and Hines formed last year, this project aims to capture evolving demands by modernizing spaces across the real estate industry. “This venture targets a build-to-core strategy to create a portfolio of prime assets resilient to market uncertainties,” said Scott Kim, Head of Real Estate Investment Division at NPS. “This project embodies NPS and Hines’ belief that long-term investments in proven locations, supported by innovation and new technology, will capture sustained demand and create outsized value.” “We have been able to capitalize on an ideal project in the heart of San Francisco to create three emblematic projects that are representative of the future of real estate,” said Alfonso Munk, CIO of the Americas at Hines. “We are very excited to see this project come to life and set the bar for many more projects between Hines and NPS in the future.” “The Hines vision for this important block in the heart of downtown San Francisco is great news for the future of our city,” said Mayor London Breed. The proposed mix of uses – including residential, retail and office – addresses a crucial need for housing while bringing more economic vibrancy to our city. We look forward to seeing Hines deliver this exciting new addition to our community.” Hines has a long involvement with the PG&E campus, having completed a redevelopment project in the mid-1990s and served as property manager for a decade following. The PG&E project is located directly across the street from Hines’ landmark 101 California, developed in 1982, and nearby several other Hines signature projects in the area. The post Hines, NPS acquire San Fran’ PG&E campus, plan massive redevelopment appeared first on Real Estate Weekly......»»

Category: realestateSource: realestateweeklySep 22nd, 2021

Cleveland, Browns owners propose grand park to link downtown to lakefront, develop land around FirstEnergy stadium

The project would solve a problem Cleveland has wrestled with for more than a century — how to span the gap between the city’s downtown and the waterfront......»»

Category: topSource: bizjournalsMay 16th, 2021

Birmingham city council to consider incentives for Palisades dealership project

The former Virginia College campus at The Palisades may be redeveloped as a new high-end car dealership......»»

Category: topSource: bizjournalsMay 14th, 2021

New marijuana stores and cultivation facilities won"t be allowed to open in some neighborhoods

After Denver's city council approved changes to marijuana regulations to allow things like pot delivery and pot-friendly lounges, the Department of Excise and Licenses released a list today of neighborhoods where new pot stores and cultivation f.....»»

Category: topSource: bizjournalsMay 11th, 2021