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Developer plans $210M makeover for NYC’s Grand Central Terminal

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Developer plans $210M makeover for NYC’s Grand Central Terminal

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Developer SL Green has released details of its proposal to renovate New York City’s Grand Central Terminal in exchange for the right to be able to construct a 65-story office building in the area. The renovation project would cost an estimated $210 million and would include two new street-level entrances and a ground-level commuter waiting area, in addition to other enhancements. Read the Commercial Property Executive story here

Skanska completes Portsmouth Marine Terminal offshore wind upgrade

Skanska has completed the redevelopment project for the Virginia Port Authority, upgrading 72 acres of Portsmouth Marine Terminal (PMT) and 1,500 feet of wharf that now serves as an offshore wind staging port. Dominion Energy uses the Portsmouth Marine Terminal staging port for its Coastal