Connect with us

Daily News

Daily News: Sunday 11/3/19

Advertisement

$101 Million 25-Story Tower Planned for Construction in Downtown Phoenix

A 25-story mixed-use tower planned for construction in downtown Phoenix, AZ has secured a $101 million loan from CIM Group. The tower, which would possess 379 luxury multifamily residential units, as well as 10,500 square-feet of office space. The building will be a part of the Collier Center mixed-use development which currently consists of 550,000 square-feet of office, retail, restaurant, and parking space. The building will be the development’s first residential entry. No estimated completion date has been released.

READ MORE


Plan Submitted for $58 Million Project in Ashwaubenon, WI

An Iowa-based contractor has submitted their plans for how they would turn a currently vacant 6.5-acre lot into a sprawling mixed use project in Ashwaubenon, Wi. Their proposal calls for the construction of five buildings total, with 3 of them housing nearly 230 apartments. The other 2 buildings will each be 4-stories, with one being slated to become a hotel and the other an office building. If approved, the $58 million project will break ground in the summer of 2020.  

READ MORE


Milwaukee’s $100 Million River 1 Development Making Good Progress

Construction is ramping up in Milwaukee’s Harbor District as the River 1 project continues to make progress. The project’s first phase will feature a 130,000 square-foot, 8-story office building (to be occupied by utilities and infrastructure contractor Michels Corp.), a 1,000 space parking structure, and a RiverWalk. River 1’s additional buildings could include two more office buildings, each possessing 50,000 square-feet, a 120-unit apartment building, and a 120-room hotel. If these additional projects come to fruition, the cost of the River 1 project would total over $100 million. 


Skanska Proposes Construction of 26-Story Office Tower in Bellevue, WA 

Developer, Skanska, has submitted a proposal calling for the construction of a 26-story office building in Bellevue, WA. The proposed structure would consist of 556,000 square-feet of office space, 12,000 square-feet of ground-floor restaurant space, and a five underground parking levels with 850 parking spaces. The proposed building’s estimated cost and completion date is currently unknown. 


AZ-Based Developer Acquires Two Office Buildings in Chandler, AZ For $38.8 Million

George Oliver, an Arizona-based developer, has recently acquired 2 office buildings in Chandler, AZ for a price-tag of $38.8 million. Oliver intends to spend an additional $14 million on rebranding and renovating the two buildings. The first phase of construction on the first office building, renamed The Alexander, is expected to begin in 2020 with a $5 million shell-building renovation. The building will receive special amenities including a training center, a coffee and juice bar, an outdoor activity and game area, a billiards room, and a quiet solo-work room. The other office building, named The Jonathan, will receive similar treatment. 


Mar/Apr 2020 Digital Issue

Advertisement
Advertisement

Podcast: Acoustics and Open-Space Designs

Podcasts

More than ‘Another Office Building’

Case Study

Expanding Dental Care

Case Study

Grand Staircase

Case Study

Connect
eNewsletter Signup

For any questions regarding your subscription, please contact info@ideasoil.com.