2850 Fannin, a high-rise in Midtown, will top out later this week. Plus, five other large multifamily developments currently under construction in Houston.
The revitalization of Midtown is taking shape on multiple fronts from residential, retail and mixed-use and elevating the area to unforeseen levels.
Columbia has acquired half of the planned new office building from Ares Management.
Despite 1.1M SF of newly delivered space pushing vacancy rates up, 65% of the office under construction is pre-leased.
Despite headwinds on real estate investments, buyers have been more active in the hospitality sector this year.
The extension comes as the agency's deal with Douglas Development and Midtown Equities to build a new headquarters in NoMa has struggled to move forward.
A plummeting 180-foot crane arm smashed into Extell Development and RXR Realty’s luxury Midtown West rental development on its way down to 10th Avenue.
Global City Development plans to redevelop the American Legion property in Miami for mixed use.
The location for the former Valley View Center in Dallas has started redevelopment with a new upscale mixed-use community.
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