Category Archives: News

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$5.5B redevelopment with hotel begins in Baltimore

Construction officially began recently on the new community of Port Covington in South Baltimore, with city and state leaders joining developers to shovel some ceremonial dirt on a spot expected to become offices, shops and apartments over the next two and a half years. Read The Baltimore Sun story here

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New Orleans tower being converting into a hotel

Four Seasons Hotel & Private Residences broke ground this month on a $460 million project to renovate the former World Trade Center in New Orleans and transform it into a residential hotel. Construction is expected to finish early next year. Read the Curbed/New Orleans story here

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Urban Air plans location in Bangor, Maine

A 41,635-square-foot mall space in Bangor, Maine, could become the latest location for Urban Air Adventure Park. Slated to open in the spring, the park would include trampolines, dodgeball courts, a ropes course, an indoor roller coaster, a tumble track, a slam dunk area and a cafe. Read the Mainebiz story here

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Construction to start next year on $8B mixed-use project in Calif.

Related Cos., the developer of New York's Hudson Yards, intends to begin construction next year on a roughly $8 billion mixed-use project just north of Levi's Stadium in Santa Clara, Calif. Once complete, the 240-acre development will include 700 hotel rooms, more than 1,600 apartments and 5.4 million square feet of office space. Read the San Francisco Chronicle story here

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$5.5B redevelopment begins in Baltimore

Officials and executives broke ground on South Baltimore's Port Covington community, and land grading for the first phase of the $5.5 billion waterfront redevelopment is imminent. The initial phase is expected to cost $600 million to $700 million and will include office, residential, retail and hotel space. Read The Baltimore Sun story here

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Retailers announced for first phase of N.C. mixed-use project

Developers will break ground this summer on the first phase of a 69-acre mixed-use facility called Fenton in Cary, North Carolina. Phase I will feature a movie theater, a food hall, 350 apartment units, a Wegmans grocery store, office space, a 175-room hotel and eateries like Crawford Brothers Steakhouse and Honeysuckle Gelato. Read the Shopping Center Business story here

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Outlet Shops of Grand River in Alabama to undergo 3-year upgrade

New attractions are coming to the Outlet Shops of Grand River in Leeds, Alabama under a plan called Backyard at Grand River that seeks to create a hometown-style entertainment destination. The three-year project will add a drive-in movie theater, a Backyard Beer Garden with a performance and events space, an 18-hole mini-golf course, three more dining options, a 6,000-seat amphitheater and a riverside observation deck. Read the AL story here

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Gulch developer reveals new project name, timeline

CIM Group, the developer of Atlanta's multibillion-dollar Gulch development, revealed details about the project's construction timeline and its new name, Centennial Yards. Construction is expected to begin next year on a $500 million platform that will elevate the site to the level of adjacent streets, creating at least a dozen new downtown blocks. Read The Atlanta Journal-Constitution story here

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Expansion on horizon for Epicurean Hotel in Tampa, Fla.

The owner of the Epicurean Hotel is planning to expand the hotel to adjacent property, requiring several buildings to be removed and restored. Read The Business Journals story here

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Dayton, Ohio, landmark to be reborn as boutique hotel

New details have emerged about the plans to transform a historic downtown Dayton building into a boutique hotel. Read The Business Journals story here

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