Create a CEG Account  /  CEG Login

Development


Merck to Invest $70M Into New Biopharma R&D Facility

Merck KGaA, Darmstadt, Germany, which operates its biopharmaceutical business as EMD Serono in the United States and Canada, announced a $70 million investment to expand its research and development (R&D) facility in Billerica, Mass....


3650 REIT Funds $27.5M Loan for Phoenix Project

3650 REIT, a relationship lender providing tailored fixed-rate bridge and long-term financing solutions to commercial real estate investors, has funded a $27.5 million senior construction loan to Greenlight Communities for the development of a 252-unit attainable multifamily project in Phoenix, Ariz....


Google to Invest $13B in New U.S. Offices, Data Centers

SAN FRANCISCO (AP) — Google plans to invest more than $13 billion this year on new and expanded data centers and offices across the U.S. CEO Sundar Pichai announced the news in a blog post Feb....


The Latest: Amazon Ditches New York HQ Plans

NEW YORK (AP) — Amazon says it will not be building a new headquarters in New York, a stunning reversal after a yearlong search. The online retailer has faced opposition from some New York politicians, who were unhappy with the tax incentives Amazon was promised....


New Lawsuit Seeks to Block Providence Skyscraper Project

PROVIDENCE, R.I. (AP) A new lawsuit from a real estate appraisal firm and a nonprofit is seeking to block construction of what would be Rhode Island's tallest building. The widely-anticipated lawsuit was filed Jan....


Chicago Commission OKs $6B Development

An ambitious and controversial $6 billion development on Chicago's north side cleared its first municipal hurdle Jan. 24, but it still has a long way to go before it becomes a reality. The Chicago Plan Commission unanimously approved the planned Lincoln Yards project over the objections of neighboring residents, who expressed concern about the height and density of the buildings, as well as the potential impact on the traffic, transportation and nearby schools and businesses....


PACE Funds Hotel Project

PACE Equity recently completed funding for the largest new PACE construction project in Ohio, a sustainable Homewood Suites and Hilton Garden Inn to be constructed in Easton. The project reflects the developer's commitment to the environment while meeting demands of the new generation of green travelers....


Construction Begins on New APTA HQ in National Landing

Let the construction begin … current and former APTA leaders gathered in Alexandria, Va., to celebrate the groundbreaking of APTA Centennial Center, a 7-story, 115,000-sq.-ft. building that will be the association's headquarters beginning in 2021....


Apartment Crews Work on Wet Ground in Close Quarters

Sometimes, digging a foundation proceeds without any challenges whatsoever, but there are times when workers not only have to deal with a tight site in a downtown area, but also are confronted with a high water table....


New Outdoor Performance Venue Coming to Times Square

L&L Holding Company, Maefield Development and Fortress Investment Group announced that its recently revealed 46-story, $2.5 billion Times Square tower is fully capitalized, with construction expected to start in January 2019....





×

Stay Ahead of the Market

Get weekly equipment news, auction updates, and dealer insights — trusted by thousands of industry professionals.



39.95234 \\ -75.16379 \\ Philadelphia \\ PA \\ US \\ 19019