York Central Partnership has submitted a planning application for York Central, one of the largest city centre brownfield sites in the UK.
Workspace provider HB Reavis has acquired approximately 12,800m² Crossrail over-site development (OSD) at Farringdon West, located in the heart of Clerkenwell in Central London.
Greenland Australia and its joint venture partner, GH Australia, have appointed Richard Crookes Constructions as their construction partner for Stage 1 of Park Sydney in Erskineville, in Sydney’s inner-west.
Final plans have been submitted to the Swansea Council for Swansea Central Phase One, a £100m development scheme to transform a key area of Swansea city centre between the core shopping district and the Marina.
US-based Michels Corporation has announced a $100m investment in Milwaukee’s Harbor District to transform a six-acre site into a mixed-use development.
UAE-based Azizi Developments is set to complete the AED265m($72m) Shaista Azizi, one of the five projects in Al Furjan due for completion, by the end of 2018.
Qatari Diar Europe has broken ground on London’s second Rosewood Hotel at 30 Grosvenor Square, the former site of the US Embassy, in the heart of Mayfair.
Lovell, a UK-based construction company, has signed a development agreement with Welwyn Hatfield Borough Council (WHBC) to deliver a £45m regeneration programme in the heart of South Hatfield in Hertfordshire.
Philippines-based integrated urban townships developer Megaworld Corporation will begin construction of a new and modern central business district, The Upper East, in the city of Bacolod in 2018.
Property development firm Linkcity has secured planning approval for its third phase of development at the Hallsville Quarter in Canning Town, London.
Walmart Canada is set to construct a new fulfillment centre in Surrey, British Columbia that will entail an investment of $175m.
Dubai Holding and Emaar Properties have unveiled Dubai Square, a tech-driven retail destination in Dubai Creek Harbour.
Construction of the £160m outlet of European designer retail outlet owner McArthurGlen in Cannock, UK, will begin in July 2018 with site preparation and earth works.
Balfour Beatty has been selected by NP International (NPI) to build the 1.3 million ft², mixed-use Gables Station development in Coral Gables, Florida, US.
Emaar Properties will construct the Middle East’s largest Chinatown in the retail district of Dubai Creek Harbour to honour Chinese expatriates and strengthen UAE-China relations, coinciding with the visit of Chinese President Xi Jinping to the UAE.Dubai Creek Harbour, a 6km² mega-development, is located only 10 minutes from the Dubai International Airport and the Burj Khalifa.The retail precinct will be established in a central location in Dubai Creek Harbour, which will be home to the Dubai Creek Tower.Set by the Dubai Creek waterway, homes in Dubai Creek Harbour will offer spectacular views of the city’s skyline, the waterfront and the Ras Al Khor Wildlife Sanctuary.Emaar will also open three pavilions in Beijing, Shanghai and Guangzhou in China to promote tourism, education, trading and investment between the UAE and China. All three cities are served by direct daily flights to Dubai on Emirates Airline.In another announcement, Emaar said that it will expand its premium luxury hotel and serviced residences brand, Address Hotels + Resorts, to China.The company said it is holding discussions to develop and operate Address branded hotels in key cities in China.Emaar Properties chairman Mohamed Alabbar said: “The visit of Chinese President Xi Jinping to the UAE is historic and will further strengthen UAE-China relations, underpinned by initiatives such as the UAE-China Week announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai.“The development of the new Chinese retail and lifestyle district at Dubai Creek Harbour – as well as Emaar’s expansion into China, both in property and hospitality – highlight our commitment to the country, and our focus on contributing to the strength and success of UAE-China relations.”Emaar marked the Chinese New Year with a dragon-themed light and sound show on Burj Khalifa in Downtown Dubai, and hosted festivities at The Dubai Mall.___________________________________________________________________________________________Image: Chinatown at Dubai Creek Harbour. Photo: courtesy of Emaar Properties PJSC.
Private credit and special opportunities alternative investment manager Atalaya Capital Management has closed a $250m senior construction loan and a $65m preferred equity investment for Flag Luxury Group’s construction and development of The Ritz-Carlton’s new flagship hotel in New York City.
Viking Partners Fund III, a private equity real estate investment firm, has announced a $100m redevelopment of Hurstbourne Business Park in the City of Hurstbourne (Louisville), Kentucky, US.
Holliday Fenoglio Fowler (HFF) has secured $324m in construction financing and joint venture equity on behalf of Boylston Properties, The Wilder Companies and Jonathan Bush for the development of Arsenal Yards, a six-building, mixed-use redevelopment of the former Arsenal Mall in Watertown, Massachusetts, US.
US-based gaming and entertainment company Caesars Entertainment has broken ground on Caesars Forum, a $375m, 550,000ft² conference centre in Las Vegas, Nevada.
Massachusetts Mutual Life Insurance (MassMutual) has unveiled architectural renderings of 10 Fan Pier Boulevard, a 17-storey commercial tower located at Fan Pier on Boston’s Waterfront, which will serve as the company’s new Boston campus.