$1.5B mixed-use development planned in Detroit
A planned $1.5 billion mixed-use development in Detroit will center on the $250 million Detroit Center for Innovation, a University of Michigan satellite campus. The plan by Olympia Development and Related Cos. spans 10 downtown properties and will include 695 residential units, 1.2 million square feet for offices, 100,000 square feet for retail and 467 […]
Mixed-use project to fill a gap in Atlanta
Groundwork is underway on a mixed-used building in a rare open spot in Atlanta, where the Atlanta Open tennis tournament was played. AMLI Atlantic Station will rise 12 stories in a stair-stepped design, offering 360 residential units and about 25,000 square feet of ground floor retail and restaurant space. Urbanize Media/Atlanta
Life House opens ’70s-style retreat in Massachusetts
In Lenox, Massachusetts, Life House has opened the Life House, Berkshires—a reimagined 1970s-era retreat inspired by combining the lodge styles of the past century with modern materiality and forms. Hotel Management online
$4B San Diego mixed-use project underway
Construction has begun on the $4 billion Riverwalk San Diego project in the Mission Valley neighborhood. The first phase is expected to be completed in 2025, offering 930 apartment units and 75,000 square feet of retail space as part of the planned 195-acre mixed-use development. The San Diego Union-Tribune
CRE expected to perform well in 2022
Despite the fact that interest rates are projected to increase significantly this year, commercial real estate is expected to perform well and even strengthen in industrial and multi-family sectors, according to the National Association of Realtors. Meanwhile, single-tenant stores, neighborhood centers and strip centers are expected to drive growth in the retail market, GlobeSt reports.
How the Bradley Development Group is transforming the neighborhood concept
For Jared Bradley, the process is pretty straight forward: His companies, The Bradley Development Group (BDG), The Bradley Projects and Certified Construction Services, design, build and develop their own projects with its partners and investors. By creating boundary-pushing concepts , the Nashville, Tennessee based company remains at the forefront of the built environment.