Apartment City

Over the next week, SouthBMore.com will be posting development photo tours of all the projects under construction in South Baltimore . This tour features development in Otterbein, Federal Hill, and Sharp-Leadenhall. Check out SouthBMore.com’s South Baltimore Development Rundown for information about all the real estate projects under construction, recently completed, or in planning in South Baltimore . 414 Light Street The currently under- construction 414 Light Street development will include 394 apartments, 40,000 sq. ft. of outdoor and indoor amenity space , 12,300 sq. ft. of ground floor retail space , and a 550- car parking garage . More than 25 floors have been constructed and exterior glass is being installed. The site was formerly a McCormick & Company spice factory . Each of the building’s 41 floor plans will be named after a spice. 414 Light Street will offer studio, one-bedroom, and two-bedroom apartments. More than half of the units will have private balconies. Ba...

Wangard Partners has purchased a four-story building in Milwaukee’s Walker’s Point neighborhood, with plans to convert the space into office and retail use. A rendering of 507 S. Second St. The 80,000-square-foot building at 507 S. Second St. was sold by Roadster Inc., which is led by Christopher Coakley, owner of C. Coakley Co., to 507 South 2nd Street Development LLC , led by Stewart Wangard, chairman and chief executive officer of Wangard Partners Inc., for $3.5 million,  according to state real estate records . Representatives from Wangard’s office could not be reached for comment. According to Wangard’s website, the building was formerly the Eagle Knitting Mills , built in 1928. Wangard is planning to renovate the space into 80,000 square feet of “ historic modern office ,” or 60,000 square feet of office with 20,000 square feet of ground-level retail. Wangard already has a significant presence in Walker’s Point with his Freshwater Plaza development . Freshwater Plaza is a mixe...

The Tapiz at Mariposa apartment project , part of Denver Housing Authority ’s Mariposa District redevelopment project in the Alma Lincoln Park neighborhood . (Kevin J. Beaty/Denverite) People who are now happy to call the Mariposa District home would have tried to avoid the area in the not so distant past. “The projects came in here in 1952,” said Bob Cordova, a resident at the Tapiz at Mariposa. “This was the meanest goddamn area of Denver growing up, and it only got worse.” Cordova said he moved to the 100-unit Tapiz apartment building not long after the eight- story senior housing project was completed in 2011. “It feels safe in the area now,” Cordova said. The Tapiz was the first of eight redevelopment phases that Denver Housing Authority undertook to demolish and replace its 250- unit South Lincoln Park Homes . Several residents refer to the former complex as “the projects.” South Lincoln Homes complex along Navajo Street before they were demolished for the Mariposa Distr...

TAMPA — Water Street Tampa, the sweeping, 50-plus acre redevelopment project in Tampa's urban core, has unveiled new images and video of what the downtown district will look like upon completion. Strategic Property Partners , the real estate firm backed by Tampa Bay Lightning owner Jeff Vinik and Bill Gates' Cascade Investment, hired more than a dozen architect and design firms to create the aesthetics of the Water Street Tampa district . SPP released a conceptual illustration video Tuesday that shows overhead and street-level views of what the new $3 billion development, which will have 3,500 new residences and 13 acres of new parks, will look like when it's done nearly a decade from now. Previous Coverage: Finally, Jeff Vinik's vision has a name: Water Street Tampa SPP is working with nine architectural firms and three interior design firms on the project, according to a press release. These teams, which have "deep-routed passion and experience worki...

Staff writer NATALIE WICKMAN hitched a ride with Champaign city officials and council members this week on a bus tour showing progress of ongoing capital improvements . Here's what she learned about four of them. CARLE AT THE FIELDS Cost to city: None. Due date: Early 2018 for the Carle and Health Alliance office building and the new Fields South Drive, which will connect Curtis and Windsor roads; sometime in 2018 for the Hampton Inn and Ambulatory Surgery Center. Carle Foundation Hospital 's new campus — located in the northwest quadrant of the Curtis Road interchange — will be anchored by a 300,000-square- foot office building for 1,400 employees. Surrounding it will be new medical buildings and a commercial center. The city's LACEY RAINS LOWE said the commercial center is being viewed by Carle as a "mini-downtown area." Another part of the campus will include a new Hampton Inn, surrounded by four mixed-use buildings with ground- floor commercial spaces a...

7 Fuego Baja Style BBQ to bring life back to the historic Idaho State Bank building in Bellevue. Photo courtesy of Charlie Gerard." width="225" height="300" /> New owners brought in 7 Fuego Baja Style BBQ to bring life back to the historic Idaho State Bank building in Bellevue. Photo courtesy of Charlie Gerard . Passion has brought life back to the long- empty Idaho State Bank building , a two-story, brick structure that has stood on Bellevue’s main street since 1910. A barbecue restaurant called 7 Fuego Baja Style opened in the former bank building on May 5 (yes, Cinco de Mayo). The building had been empty for five years, said Paul Kenny, broker at Paul Kenny & Matt Bogue Commercial Real Estate in Ketchum. Jayne and Mike Flinn had been driving past the building for all those five years. The Flinns, who split their time between Bellevue and Newport Beach, Calif., bought the neglected building in September and scouted out restaurateur Charlie Ger...

Extra Space Storage in Wicker Park"> Extra Space Storage in Wicker Park. " /> Extra Space Storage in Wicker Park View Full Caption WICKER PARK —  You can now store all your extra stuff close to home. The new Extra Space Storage in the former Wieboldt's department store building features more than 1,200 units. "Self storage is driven by life needs. You are moving, between apartments. Some tenants stay longer than expected, some always have a storage locker . It's becoming a part of people's lives," said John Mengel, owner of JSM Venture, a prominent developer of self- storage facilities . Mengel said more than 40 people rented storage units during the new location's first few weeks and that points to the fact neighborhood residents — particularly the "younger and more mobile" — needed the "extra space." Extra Space Storage opened in late July at 1300 N. Ashland Ave. in the Wicker Commons shopping mall . Th...

Amazon’s extraordinary growth has turned Seattle into the biggest company town in America. Amazon now occupies a mind-boggling 19 percent of all prime office space in the city, the most for any employer in a major U.S. city, according to a new analysis conducted for The Seattle Times. Amazon’s footprint in Seattle is more than twice as large as any other company in any other big U.S. city, and the e-commerce giant’s expansion here is just getting started. The swarms of 20-somethings crowding into South Lake Union every morning represent an urban campus that is unparalleled in the United States — and they have helped transform Seattle , for better or worse. Amazon’s rapid rise has fueled an economy that has driven up wages and lowered unemployment, but also produced gridlock on the roads and sky- high housing prices . And while Seattle’s booming economy is often attributed to a wide variety of factors, increasingly, it’s all about one company. Amazon now occupies more office space t...

The Howard Hughes Corporation (NYSE:HHC) Q2 2017 Earnings Conference Call August 8, 2017, 10:00 AM ET Executives David Striph - Executive Vice President , Investor Relations David Weinreb - Chief Executive Officer Grant Herlitz - President David O’Reilly - Chief Financial Officer Peter Riley - General Counsel Analysts Alexander Goldfarb - Sandler O’Neill Robert Majek - CJS Securities Will Randall - Citigroup Waheed Khorsand - BWS Financial Alex Barron - Housing Research Center Steve Shaw - Compass Point Operator Good morning. And welcome to The Howard Hughes Corporation Second Quarter 2017 Earnings Conference Call . All participants will be in a listen-only mode. [ Operator Instructions ] After today’s presentation, there will be an opportunity to ask questions. [ Operator Instructions ] Please note, this event is being recorded. I would now like to turn the conference over to David Striph, Executive Vice President , Investor Relations . Please go ahead. David Striph Good morning. A...