BALTIMORE, MD-L.I. Square Corp., developers of the proposed Residences at the Ritz-Carlton Inner Harbor are not saying just yet if they came to an agreement with owners to purchase the land on which to build the property. The $165-million project has been in the works for over two years and construction was originally scheduled to begin this past spring.
WASHINGTON, DC-The multifamily housing industry gets a boon as President Bush signs off on the 2002 Housing and Urban Development Appropriations bill, which increases multifamily mortgage loan limits by 25%. Those in the industry express their approval of the President's and congressional leaders' action on the matter.
WASHINGTON, DC-The multifamily housing industry gets a boon as President Bush signs off on the 2002 Housing and Urban Development Appropriations bill, which increases multifamily mortgage loan limits by 25%. Those in the industry express their approval of the President's and congressional leaders' action on the matter.
FREDERICK, MD-Spring Ridge build-out nears completion as the last undeveloped parcel of land is sold to make room for a 144-unit senior living residence. There are already 1,800 residential units, as well as a substantial retail center on the 650-acre development.
RESTON, VA-Multifamily complex Alexan Reston Town Center will become a reality as Trammell Crow Residential acquires an 8.5 parcel at Reston Town Center from Terrabrook for an unnamed price. The property will eventually be home to two large residential buildings--one of which will also house retail space--and it will also be the new site of the Greater Reston Arts Center.
ARLINGTON, VA-A 6,000-sf Apple retail store debuts in the city's Clarendon area Market Common complex with a grand opening celebration on Dec. 1. The 2700 Clarendon Rd. location is the second Apple store in Virginia.
WARRENTON, VA-Bethesda, MD's JBG Rosenfeld Retail acquires 120,000 sf of retail property listings at Warrenton Town Center. The shopping center deal highlights JBGR's plan to increase its retail leasing business.
ARLINGTON, VA-Local fitness buffs now have a new Gold's Gym in the neighborhood. The 28,000-sf facility in the Arlington Ridge Market Place will host a grand opening next month.
WASHINGTON, DC-All facilities of the University of California Washington Center are now under one roof as the college extension moves into a new 176,270-sf building. Located on Rhode Island Avenue, UCDC's new home cost somewhere between $24 and $27 million.
ASHBURN, VA-Westwind Crossing and Flynn's Crossing II, already zoned for multifamily structures, are available for purchase through Cassidy & Pinkard.
