The big challenges we face require big solutions. RECA commends Mayor Adler for designating 2016 as the "Year of Mobility." His plan includes hundreds of citywide proposed transportation projects to be completed throughout the year.
The factors spurring healthcare real estate industry growth are also spurring its evolution. Without a retiring baby boomer generation and the Affordable Care Act, the healthcare industry would not be facing the pressure to change business as usual. Add technological advances to the mix and you see a rapidly changing—and ever-increasingly competitive—healthcare real estate scene.
As shopping center owners and operators look to use technology in innovative ways to support their brick-and-mortar tenants, how do developers balance creative digital solutions with economic feasibility?
Led by an ongoing drive in new medical office building (MOB) construction, health care facilities overall are geared for continued growth in 2016 after the field’s strong 2015 for the industry, according to Revista, Annapolis, Md., a leading source of data on health care property and construction.
The goal of the contest is for cities to present a viable vision for a 21st-century regional transportation network that encourages the development and adoption of self-driving cars, network vehicles, sensor-based traffic information infrastructure and other technologies DOT calls "Intelligent Transportation Systems." The winner — Austin is one of seven finalist cities in the competition — gets a $50 million grant to begin to implement that vision.
It’s been nearly two years since Capital Metropolitan Transportation Authority selected Endeavor Real Estate Group and Dallas-based Columbus Realty Partners Ltd. to develop the 10-acre Plaza Saltillo site. On March 21, Capital Metro’s board made it formal, approving in a 7-0 vote a master development agreement with Endeavor.
Northshore is a 27-story mixed-use residential development with 524 rental apartments, retail and public parking on nearly a million square feet, with final completion expected by September 2016.
The AGC Charities organization and dozens of construction firms joined together for the "Extreme Give" effort to build Morgan’s Inspiration Island, which they called the first-ever ultra-accessible water park, as an addition to non-profit Morgan's Wonderland theme park in San Antonio.
The 430-bed Hype now offers all new interiors along with community amenities which include a swimming pool and hot tub, cabanas, water and sand volleyball, an outdoor theater, gas grills, an outdoor fire pit, a 24-hour fitness center, an off-leash dog park and a five-acre play scape with hammocks and an organic garden. The community is located on the Brazos River, offering abundant nature activities.
Wired Certification, the international standard developed by New York-based WiredScore that distinguishes best-in-class Internet connectivity, can provide valuable bragging rights for commercial property developers.
Cities across the US are facing affordable housing crises, and despite government initiatives to increase the number of affordable units, many developers still seem reluctant. Will affordable housing continue to struggle as the year goes on? What are the country’s biggest lenders doing to add incentive?
The first US hotelier to receive the Treasury Department’s okay on operating in Cuba, Starwood Hotels has forged two rebranding agreements and has signed a letter of intent for a third property.