Construction Maison

Property developer iQ has released plans to create a halls of residence for graduates in Manchester city centre . Three blocks of 'co- living accommodation ' dubbed Echo Street are earmarked for a site on Granby Row, near Piccadilly station. The development, designed by Sheppard Robson, will create 643 bedrooms, a mix of studios and shared apartments, for young professionals who are being outpriced by the current private rental market . With all inclusive rents, including bills and amenities, and only one week's deposit needed iQ claim the scheme will make city centre living affordable for graduates and young professionals. According to Zoopla the average cost to rent a one bed flat in Manchester city centre is £850. This climbs to £1,130 for a second bedroom. However, the developers were unable to give a figure for Echo Street on how it will compare to current rental prices . Read More Echo Street will also include 242 bedrooms of student accommodation on the si...

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...

Pittsburgh will continue to witness a surge in apartment construction this year, amid moderate payroll gains and rising home prices . Pittsburgh Multifamily Market – Supply and Demand – 2015 Outlook Research data from Marcus & Millichap shows that the metro’s employment—driven by the education, medicine, technology and energy sectors—will grow by 9,500 new positions in 2015, a slight increase from the 8,000 jobs added in 2014. However, this uptick will lag the national average for the fifth consecutive year. Meanwhile, developers are expected to bring 1, 900 apartments online this year, expanding inventory by 1.4 percent. This is slightly less than the amount of new additions recorded in 2014, when the rental construction cycle in Pittsburgh hit a peak with the completion of 2,200 units. Demand for multifamily projects will be sustained mostly by young professionals and empty nesters looking to rent newly built apartments in desirable neighborhoods, despite the fact that ren...