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HFF Announces $260M Financing for 202 Broome Street at Essex Crossing

Holliday Fenoglio Fowler L.P. (HFF) announced the closing of a $260 million construction loan for 202 Broome Street at Essex Crossing in Manhattan. The HFF team worked on behalf of the borrower, a joint venture between Taconic Investment Partners, L+M Development Partners, BFC Partners and Goldman Sachs Urban Investment Group, to secure the 42-month construction loan through Square Mile Capital Management LLC....


Skyline-Defining Brooklyn Office Tower Moves Forward

JLL Capital Markets announced they have arranged a $235 million construction loan for the developers of One Willoughby Square, a to-be-built 34-story Class A office tower in downtown Brooklyn. One Willoughby Square will be the first ground-up office development in downtown Brooklyn for decades and is being developed by New York-based JEMB Realty....


Developers Reveal Plans for $2 Billion Entertainment Park

COLUMBUS, Ohio (AP) Developers have announced plans for a massive, $2 billion entertainment park outside of Columbus, Ohio. Details for the planned 350-acre Planet Oasis park near Interstate 71 in Delaware County were released June 29....


MassMutual Unveils Renderings of New Boston Campus

Massachusetts Mutual Life Insurance Co. (MassMutual) unveiled architectural renderings of 10 Fan Pier Boulevard, a 17-story commercial tower located at Fan Pier on Boston's Waterfront. The building will serve as MassMutual's new Boston campus, as the company expands its presence in the city and across Massachusetts....


Evergreen Devco to Break Ground in Pleasant Grove

Evergreen Devco Inc., a leading retail and multifamily development company, announced on June 5 that it has formally acquired 1.036 acres of land at 855 W. State Road in Pleasant Grove, Utah. The re-development of a three-tenant retail building will bring a Mo' Bettahs Hawaiian Style restaurant and a Beans & Brews Coffee House....


Urban Gondola Idea Resurfaces in Consultant's Plan for City of Ogden

OGDEN, Utah (AP) A plan for an urban gondola rising above the city of Ogden is among the ideas advanced in a report commissioned but largely scuttled by county leaders who have spent about $500,000 on economic-development and public-relations contracts since 2015....


Redevelopment Spreads in Omaha

OMAHA, Neb. (AP) Frank Horejsi has spent a lifetime salvaging old things. He's chiseled limestone lion heads off a downtown theater, scraped fancy stonework from riverfront warehouses, picked out cherubs from remains of historic churches....


$40M Entertainment Hub Rises in Albuquerque

Designed to bring vibrancy to the downtown area, a $40 million entertainment hub is taking shape in Albuquerque, N.M. When complete, the facility will feature approximately 39,000 sq. ft. of mixed-use space, along with 60 residential market-rate apartment units....


City Construction Projects Top $5.4B

At least $5.4 billion in real estate development and redevelopment projects are underway or proposed in and around downtown Detroit the next three years, according to report recently released by an international real estate firm....





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