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Bronx affordable housing megaproject along Sheridan Expressway makes progress

In early 2013, a group of developers announced plans to move forward with the redevelopment of a stretch of industrial buildings along the Sheridan Expressway in the Bronx, into a massive affordable housing complex . Since then, four buildings of a total eight have been built as part of this megaproject. This week, developers filed plans for a fifth building, The Real Deal reports. This new building will be located at 1560 Boone Avenue, stand 16-stories tall, and bring 366 apartments to the neighborhood. The first two buildings that opened at the megaproject in November last year had a total of 237 apartments and were open to New Yorkers making between $28,835 and $52,389 annually. The project, known as Compass Residences, is a collaboration between Monadnock Construction, Signature Urban Properties and GTIS Partners. It will eventually bring over 1, 300 affordable apartments to the Crotona Park East and West Farm neighborhoods , in the Bronx. When it was announced in 2012, plan...

'City' living in the 'burbs? Try an aging office park

By Katherine Shaver The Washington Post From the rooftop terrace of their new townhouse, Keisuke and Idalia Yabe take in their suburban Maryland neighborhood : a staid, 1970s- era office park of glass office buildings and concrete parking garages . The Yabes say they have found the advantages of urban living in a shorter commute and the ability to walk to shopping centers and a park. They also have what feels like the best of suburbia -- mature trees, plentiful parking , Bethesda's sought-after schools and a more affordable mortgage. From the Washington and New York suburbs to North Carolina's Research Triangle Park , traditional corporate campuses that have struggled since the Great Recession are trying to transform from sterile worksites into vibrant mini-towns. In addition to housing, they're adding restaurants, grocery stores, playgrounds and outdoor concert spaces -- anything to draw people in and make them want to stay. Although it might sound strange at first, th...

Did Stratford Need The Olympics?

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Lee Valley VeloPark Standing on the tenth floor of TfL's soon-to-be offices in the heart of the Olympic Park, there's a panoramic view of Stratford and the rest of London beyond. The landscape is littered with cranes and unfinished tower blocks like the one we're standing in. Among them there's a sprinkling of former Olympic venues that provided the catalyst for this re-imagined Stratford to occur. Or did they? A huge slice of the changes in the Olympic Park comes from International Quarter London . IQL is run by property development company Lendlease , and totals up to 4 million sq ft of offices. Lendlease also built the luxury apartment complex Glasshouse Gardens in the Olympic Park and, originally built the Athletes' Village for the games. The team here knows intimately the rapid changes the area has undergone. Kevin Chapman, head of offices at IQL, tells us, "what we've had to do is bring the commercial office element into the Olympic Park as part...