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The Business Journals

The Business Journals
Miller's Landing
Castle Rock Approves Public Financing for $300 Million Development
Miller's Landing will be located at the northwest corner of Interstate 25 and Plum Creek Parkway on a 65-acre property that was once a landfill and has sat vacant since 1979.
​Low-yield Environment Spurs Asian Investments in U.S. Real Estate 1
Asian institutional investors have been anything but averse to global investing.
urban renewal wheat ridge
Measure to Clear Up Urban-Renewal Uncertainties Advances in Colorado Legislature
The 2015 bill was the result of years of fighting between cities and other local governments over the creation of urban-renewal districts in which cities pledge revenues from the future growth of property-tax collections in a typically downtrodden area to developers agreeing to remake the area.
Silicon Valley
Report: Silicon Valley CRE Markets Starting to Cool
Though vacancy rates and asking rent prices in Silicon Valley aren't necessarily bad today, they noticeably changed in the first quarter of 2017 from last year's numbers.
hotel construction worker
New Hotel Construction in Denver Still Burgeoning 1
In Denver, there are 62.4 percent more new hotel rooms under construction compared with last year. U.S. leaders were Nashville, Tennessee (up 168.4 percent) and Seattle (up 94.7 percent).
Bill to Give Texas Construction Workers Mandatory Breaks Faces Opposition from Builders Group
The bill would require workers to receive a 15-minute break for every four hours of work; similar to ordinances passed in Austin, in 2010, and in Dallas, in 2015.
Tanger CEO Sees His Pay Drop in 2016
Steven Tanger, CEO for Greensboro-baed Tanger Factory Outlet Centers, saw his total compensation fall 6.4 percent for the 2016 fiscal year.
kansas city
Chicago Firm Enters KC Industrial Market With Purchase of Two Parks
The parks, which total nearly 560,000 square feet, will give Brennan Investment Group a platform to pursue further acquisition and development opportunities in the Kansas City area.
Astoria Cove
Queens Waterfront Site Astoria Cove is Going for $350 million
Alma and its partners brought the site to the auction block in March to coincide with the reinstatement of 421-a, an affordable-housing tax break that expired but is expected to be rebooted.
schwab office
Financial Giant Shows What $100 Million-Plus Can Buy You in Austin Office Construction
The San Francisco-based brokerage and banking titan already has about 600 employees working on the site, with plans to move all of its 1,600 workers in Austin there next year, according to Community Impact. The campus will be able to accommodate up to 2,600 workers.
Federal Realty Bringing Hydroponic Shipping Containers to a Shopping Center Near You
Federal Realty Investment Trust has struck up a partnership with a Boston-based company to bring farms contained in retrofitted shipping containers to select shopping centers across the United States.
New Life for Regency Square Mall? Tenants Expected to Open in April
International Decor Outlet announced plans for a culturally-themed shopping complex it dubbed "AsianTown" in a spot in the mall that could contain 100,000 square feet of retail.
Chicago Prime Office Space Rents Rose Sharply in 2016
A CBRE study showed average rents in prime office space increasing 20 percent in 2016 in Chicago to $38.84 a square foot, up from $32.40 in 2015.
Alexander & Baldwin On Track to Make Real Estate Investment Trust Decision
Alexander & Baldwin Inc. is on track to complete its evaluation on whether or not to become a real estate investment trust with a decision still expected during the spring or summer.
Houston Mall to Shutter All but Five Stores This Month
In a move that's indicative of the tough times ahead for brick-and-mortar shopping centers, Northwest Mall, an 800,000-square-foot mall built in 1968, is closing all but five stores.
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