E-commerce has finally arrived Singapore in a big way. Amazon has appeared on the island’s shores, joining local etailers like Zalora and RedMart, and with meal delivery apps such as Deliveroo, FoodPanda, and UberEats, restaurant-grade food can come straight to your door. Nonetheless, the pipeline for brick and mortar retail remains strong, with a total of 509,000 square meters (5.5 million sq ft) of retail space of projects in the pipeline.Read More
James Rouse’s visionary development is 50 years old. The process of urbanizing its town center may create a model for other suburban developments.Read More
Speaking at a ULI Minnesota event, Kevin Cavenaugh, owner of Portland-based Guerrilla Development, said bigger is not necessarily better, and oftentimes it is worse, in terms of the complexity and risk.Read More
With roughly 58,000 people moving to the city of Tampa in 2016 alone, the region stands out as an example of accelerating U.S. growth. Water Street Tampa will give an urban facelift to Tampa’s skyline and double the downtown area in size.Read More
Investors continue to pour money into U.S. student housing projects. Despite shrinking yields and rising development costs, transaction activity in 2017 was “very strong” after a record volume in 2016, according to CBRE.
The top two markets for the multifamily sector from last year trade places for 2018, according to Marcus & Millichap’s 2018 Multifamily North American Investment Forecast. Driven by robust employment in the tech sector and soaring home prices that keep rental demand ahead of elevated deliveries, Seattle-Tacoma ranks first on the chart. The metro area outperforms last year’s leader, Los Angeles, which slid one spot.
After years of planning, the first phase of one of Washington, D.C.’s most ambitious projects, the Wharf, opened in October. The Wharf is but one of the ambitious real estate developments planned, under construction, or recently completed along waterfronts in America’s Mid-Atlantic region, including D.C., Virginia, Maryland, and Pennsylvania.
The North American tower crane tally is holding relatively steady as of the first half of 2018, according to the Rider Levett Bucknall Crane Index. A total of 383 cranes were counted in January 2018, up two from July 2017, a 0.5 percent increase.
With e-commerce players remaking the retail sector, industrial real estate developers are hustling to provide the infrastructure needed to get packages to doorsteps in hours instead of days.
Millions of people will be watching this year’s Super Bowl. But for the host city of Minneapolis, the event is also a chance to showcase its newest sports venue and the urban revitalization that has come with it.