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Daily News: Sunday 12/1/19


Tishman Speyer Seeks To Convert Art Deco Building Into Office Space

A NYC-based development company, Tishman Speyer, is redeveloping the top 5 floors of the 10-story Art-Deco style Morgan North Postal Facility located in lower Manhattan’s Chelsea neighborhood. Speyer’s development will convert the top half of the structure into 620,000 square-feet of office space. There also plans to convert the ground floor into 5,100 square-feet of retail space. Construction will begin in late 2020 and finish in 2022. 

Rio Nuevo Board Approves $72.5 Million 5-Story Mixed-Use Project 

The Rio Nuevo Board, representing a district near Tucson, AZ, have unanimously approved plans for a large investment development, titled The Bautista Project. The project will include 16,500 square-feet of retail space, 253 residential units, and a restaurant. The project is expected to cost $72.5 million. The project’s estimated timeline is currently unknown. 

Wilson Academy Of Applied Technology Gets New High School 

The Wilson Academy of Applied Technology is building a new high school at Wilson Community College’s Lee Technology Center in Wilson, NC. The new 75,000 facility will stand 3-stories tall and come at a cost of $20 million. Funding for the project was provided through a mixture of funding from both the state and county. The project does not currently have an estimated timeline. 

Boston Developer Plans 600-Foot-Tall Building For $1 Billion

A Boston developer is advancing a project that would convert the Harbor Garage into a 600-feet-tall skyscraper. The 900,000 square-foot building would come at a cost of $1 billion and is set to include an unspecified mixture of retail, dining, office, residential, and hotel space. Also included will be a 28,000 square-foot open path around the building. The timeline of the building’s construction is currently uncertain.

Family Entertainment Center Signs Lease With Mixed-Use Project In Plano, TX

A new mixed-use project in Plano, TX has landed an entertainment complex. Current plans for the 36-acre development, titled Mustang Square, call for the construction of 4-story, 90,000 square-foot office building, as well as a collection of other retail, residential, and commercial buildings. Fun Movie Grill has now also signed a lease for a 70,000 square-foot family entertainment center that will include 8 movie screens, a bowling alley, eateries, and gaming and party halls. 

November/December 2019


Podcast: Acoustics and Open-Space Designs


Gaudreau Joins EwingCole


Amerlux Presents ‘Encore’ Webinars About Lighting’s Evolution


Construction and real estate industry private equity deals in Q3 2019 total $2.23bn in US

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