Real estate investment firm IHP Capital Partners has acquired a 4.9-acre infill site for a new residential development in North San Diego County, the US.
New York Governor Andrew Cuomo has announced the start of construction on the $17m affordable mixed-use housing development for seniors in Buffalo, the US.
US-based real estate investment firm Hines and its development partner 2ML Real Estate Interests have unveiled the first version of the first building at Levit Green.
Gardner Capital, a US-based private equity firm specialising in multifamily housing and renewable energy development and investment, has broken group on Gala at Waxahachie, a 185-unit housing scheme in Waxahachie, Texas.
Keystone Property Group, in collaboration with Concord Hospitality Enterprises, has commenced construction on a new boutique hotel, the final construction phase of the $325m SORA West development in Pennsylvania.
Vets Pets, a cooperative group of veterinary hospitals, has broken ground on the Points East Veterinary Emergency Hospital in Wilson, North Carolina.
US-based construction firm McShane Construction Company is now constructing a new apartment community in Arizona, the US on behalf of Alabama-based LIV Development.
US-based construction company Tutor Perini Corporation’s subsidiary Perini Management Services (PMSI) has won a contract to repair and restore the San Juan Custom House in Puerto Rico.
US-based real estate private equity firm Stonelake Capital Partners has announced its plan to build a 50-storey residential and office tower on a 0.5-acre land acquired in Downtown Austin, Texas.
US-based construction firm McShane Construction Company has been selected by real estate developer Crescent Communities to provide construction services for NOVEL Val Vista, a new multi-family community in Gilbert, Arizona.
New York Governor Andrew Cuomo has announced that Plug Power, a hydrogen fuel cell systems provider, will be constructing a new $125m Innovation Center in New York, US.
US-based cold storage developer Tippmann Innovation (Ti) has announced the commencement of construction of a $65m cold storage facility in Hamilton, Ontario, Canada.
US-based builder of luxury homes Toll Brothers, through its Toll Brothers Campus Living rental division, and investment management firm Harrison Street have formed a joint venture to develop Canvas, a 263-unit, 826-bed luxury student housing community in Arizona.
Ryan Companies, along with LCS and Harrison Street, has announced closing of finance and commencement of construction of Clarendale Six Corners, a senior living community in Chicago, the US.
Wind energy producer EDP Renováveis (EDPR) has secured a total financing of €112m from European Investment Bank and BPI for the construction of two onshore wind farms in Portugal.Out of the €112m raised, €65m is being provided by EIB, with the remaining amount from BPI.The two wind farms, located in the districts of Coimbra and Guarda, in total will have a nominal capacity of 125MW.Banco BPI is co-financing these projects.The financing by EIB is being supported by European Fund for Strategic Investments (EFSI).EDPR will design, build and operate the two medium-scale wind farms - Tocha II and Sincelo.Once operational, Tocha II and Sincelo projects will have a capacity of 33MW and 92MW, respectively.The Tocha II wind farm will be built in the municipality of Cantanhede in Coimbra district, close to the Atlantic coast.Sincelo wind farm will be located along the municipalities of Pinhel and Guarda, in Guarda district.During construction phase, the projects are expected to provide temporary employment to 560 people.EIB Portugal operations vice president Ricardo Mourinho Félix said: “This flagship project strengthens our partnership with EDP Renováveis and reinforces the Bank's commitment to promoting climate action, economic development and cohesion. Supporting Portugal’s decarbonisation targets, while boosting growth and job creation, is one of the EIB’s main priorities. “If we want the post-Covid economic recovery to be green and inclusive, it is key to foster the supply of renewable energy and its broad based utilisation by productive sector and by our citizens.”The two wind farms are expected to help Portugal achieve its Energy and Climate Plan targets that expect at least 47% of total energy consumption to come from renewable sources by 2030.--------------------------------------------------------------------------------------------------------------------------------------The two onshore wind farms will be located in the districts of Coimbra and Guarda, Portugal. (Credit: EDPR)
Construction and development firm Skanska has been awarded a contract to lead construction for the new $187m Orlando Health Jewett Orthopedic Institute in downtown Orlando in the US. The new 371,000ft² combined inpatient and outpatient facility, which will be dedicated to the care of orthopaedic patients, will comprise a newly planned eight-storey building featuring 75 inpatient rooms and 10 operating rooms.
US-based real estate company Hines has broken ground on Busch Logistics Park, a new 97-acre industrial project in Bartow County, Georgia of the US.
Rhode Island, US-based casino operator Bally's has signed a framework agreement with Ira Lubert to jointly design, develop, construct and manage a Category 4 licensed casino in Pennsylvania.