Construction Maison

Kate Bramson Journal Staff Writer journalkate PROVIDENCE, R.I. — Delays by the South Street Landing developers to begin construction early this year on two apartment buildings on a nearby Davol Square parking lot have caused the City Council to consider issuing the project a notice of default. After the developer missed a Jan. 27 deadline to get all city construction permits , the council's Finance Committee voted this month to recommend to the City Council that the city issue a default notice to CV River House LLC , of San Diego, the entity that has planned to build the River House apartments . The default would be for missing a deadline in the project's city tax-stabilization agreement, which limits taxes owed over 15 years to about $3.3 million. The council is expected to consider the issue Thursday night . It could vote to issue the notice or send the matter back to committee. "In order to preserve our rights under the [tax-stabilization agreement], we have to...

Central London property , slightly higher than the market average of £1.6 million. Photo: Bloomberg" title="Indians spent an average of £1.77 million for a Central London property , slightly higher than the market average of £1.6 million. Photo: Bloomberg" class="img-responsive" /> Indians spent an average of £1.77 million for a Central London property , slightly higher than the market average of £1.6 million. Photo: Bloomberg Bengaluru: Indians are the second largest buyers of property in central London , accounting for 22% of sales in the year to August, pushing buyers from West Asia to the third slot (at 21%), according to property investment advisory London Central Portfolio ’s (LCP) latest sales audit . South- East Asian buyers took the top spot, accounting for 36% of all purchases. Interestingly, Indians also spent more per house. They accounted for one-third of the total spend, with an average purchase price of £1.77 million, slightly higher tha...

The words “vibrant” and “diverse” are commonly used when describing Footscray. This western suburb is home to battlers, the Western Bulldogs, Franco Cozzo, and some of the best Vietnamese eateries in Melbourne. Though it still hangs on to its blue-collar roots, in recent times it has welcomed a new kind of resident. The young and hip are starting to flock to Footscray as they search for a spot close to the city. Apartment projects such as Cowper Residences are a sure sign of the suburb’s steady march to gentrification. The young and hip are starting to flock to Footscray as they search for a spot close to the city. Photo: Pat Scala This development has something for everyone – apartments, two- storey loft apartments and three-storey townhouses. The entire project could have easily been apartments only, but architect Toby Lauchlan , partner at ClarkeHopkinsClarke says variety was always a priority. “We could have built it all out as apartments, but we wanted to create a connection, a n...

Fieldstone residents demand rejection of 208-unit complex in their subdivision POST FALLS — Nearly 50 people attended Tuesday 's city council meeting , many to ask the city to reconsider a 208- unit apartment complex in the Fieldstone subdivision . “I am fairly certain I know why many of you are here tonight,” said Mayor Ron Jacobson at the beginning of the public comment period , adding he welcomed their input. “However, the council cannot act on the issue because it is not on the agenda.” Fieldstone resident Taj Wilkerson , who was elected to speak on behalf of the Save Our Subdivision organization, told the council his neighbors understand that change and growth in Post falls is inevitable, but they felt it is the council’s role to make sure growth is well thought out. “Many of the people who bought houses were led to believe that there would be no apartments,” he said, adding he didn’t believe the public was well notified before the developer was granted city permission to b...

PHOENIX (3TV/CBS 5) - The future of the Chinese Cultural Center located near Phoenix Sky Harbor Airport is up in the air and people wanted to show their support for the historical spot in the Valley. More than 100 people protested outside of the center on Sunday in order to help save the center. "It's a religious center , it's a cultural center and it's the last cultural center of the whole Valley," said Paul Gilbert, the attorney of those who want to preserve the center. A developer bought the area near 44th Street and Van Buren Street and there are fears that the center, especially the gardens there, might be torn down. However, it's unclear what the owner will do with the center. "We have been trying to meet with the new owner and we don't know what the new owner tends to with it," Gilbert said. He added that he has a meeting with the owner next week and hopes to get more information at that time. A Chinese architect helped build the ce...

The detention pond at the former ALCOA Inc. West Plant is complete, as the redevelopment continues. The Alcoa Board of Commissioners got a bird’s- eye view Monday of the new detention pond , which is located in the curve where Hall Road meets Alcoa Highway , thanks to a stationary webcam the city has trained on the construction site. Five photos taken over the course of one day — Wednesday, Aug. 16 — show how the detention pond area evolved as it was prepped for seeding, explained Andrew Sonner , assistant director/chief engineer for Alcoa’s Public Works and Engineering Department. The rectangular portion shown at the bottom of the photos is the “fore bay,” he told commissioners, which is where sediment settles before clean water continues over the berms and “meanders” toward the point of exit, where it will join Culton Creek . Commissioners learned at a briefing in July that an underground spring on the property could feed a water feature on the West Plant site ,...

When Amy Franklin, 30, bought her one-bedroom condominium in Arlington County’s Colonial Village seven years ago, she found the neighborhood’s pretty 1930s buildings and graceful expanses of lawn pleasingly familiar . “I was 23, just out of college, and it felt like a college campus,” she says. Other Colonial Village residents say the community, with more than 50 acres of red- brick buildings linked by paths that wind among plentiful trees and landscaped lawns, is “parklike,” “serene” and an “oasis” in Arlington’s busy and increasingly high-rise Rosslyn-Ballston corridor. “The location can’t be beat: It’s closer to downtown than parts of Northwest [Washington], and you can walk to two Metros,” says Bob Somers, 54, a government attorney who has lived there since 1992. “But what makes it so nice is the parklike setting. They would never build like that now.” As it turns out, people have always clamored to live in Colonial Village. The community was built as a rental complex by deve...

There comes a time for most San Diego couples when they get sick of renting and, for the Whites, it came around the 40th birthday mark . Shawna White, 40, spent countless hours researching a place she and her husband Nathan, 39, could afford that wouldn’t break the bank. In addition to getting away from the region’s explosive rent hikes , they saw a home as an investment. Eventually, the Navy couple landed in Otay Ranch on the eastern fringes of the county near the border with Mexico. They bought a new 1,504-square-foot townhouse for $378,000, around $200,000 less than what something similar would have cost them closer to downtown. “We were able to buy something new instead of an older home with issues,” she said. “This was a good buy.” More and more new homeowners are being drawn to Otay Ranch, the largest residential development in San Diego County history at 25,000 acres. After being hit hard in the housing crisis , it has reemerged as a viable option for homeownership in a cou...

Cathy Czerniak, community development director for Lake Forest, has proposed calling 2017 "the year of the crane." "One morning when I looked at the skyline, I saw four different cranes piercing the skyline from the central business district ," Czerniak said. The Lake Forester recently spoke with Czerniak about the state of various ongoing construction projects in town. Lake Forest Hospital The hospital is still on target to open its outpatient clinics this fall with the rest of the almost $400 million hospital to open in the first quarter of 2018. Final work on the interior of the buildings is being completed, a temporary parking lot is being removed and the height of a berm on the south side of the property is being increased. Kelmscott Park (formerly Laurel and Western) Three apartment buildings with a total of 111 units are expected to open in January, February and March 2018. Pre-leasing of apartments is scheduled to start this October. One single family ho...

Sydney’s Macquarie Park has continued to prove lucrative for homeowners after another 55 owners sold their four apartment blocks in one line for $80 million. The large combined 5130-square-metre site at 15-21 Cottonwood Crescent, opposite AMP Capital ’s Macquarie Centre, went to a local developer with offshore backing. Macquarie Park , one of Sydney’s biggest business parks , is undergoing massive residential conversion and urban renewal. While each owner in the deal would have received a different price, the average across the mostly two- bedroom apartments sold would have been about $1.4 million. This beats the current market price for those units at just under $1 million each, realising a profit of just under 40 per cent on average for each owner. Some owners bought their units back in the 1980s for about $70,000 each. Savills’ Stuart Cox and Neil Cooke who sold the site said it was a record price for amalgamated sites sold in the area, based on proposed gross floor area . “Giv...

By Georgette BraunRockford Register Star Forest Glen's name has been popping up in conversations the past few months among movers and shakers in Rockford. They're saying the 140- unit apartment complex near McFarland Road and East Riverside Boulevard — with a swimming pool, tennis courts, garages and manicured landscaping, as well as comparatively little crime surrounding it — is a good example of what affordable housing should be: 56 units are set aside for income-restricted renters.  The talk about Forest Glen Apartments has been fueled by a plan that was pulled back last week by a Wisconsin-based developer to build 65 apartments in east Rockford off South New Towne Drive. Eighty-eight percent would be for low-income renters. The plan called for housing about 150 residents, most from the 650- resident Fairgrounds Valley , a decaying property on the west side that the Rockford Housing Authority wants to raze. The 210-unit complex is 47 years old. Residents of the New T...

NASTASSIA ARENDSE:  I’m sure you’ve seen, as you drive through the streets of Sandton, lots of buildings coming up, a lot of corporates moving into Sandton. I suppose this all started during the early 2000s, when the likes of Investec and Nedbank all moved in. But on the same side of that there are some high- rise luxury apartments that have piggybacked on this relocation of corporates into the area, which would in theory create demand from buyers who decided to live closer to work. We have Kent Gush, who is the managing director of Kent Gush Properties , on the line to talk about Sandton’s luxury- apartment demand . Ken, thank you so much for your time. KENT GUSH:   Good evening, Nastassia. Thank you for having me. NASTASSIA ARENDSE:  I see this all the time – some properties coming up around the corner, especially the luxury apartments . They look absolutely beautiful. But what I want to know is what the demand is like for these apartments at this current stage. KENT GUSH:   As i...

We offer our predictions on communities that will rank among the city's most desirable in 2026. Plus a look at developers who are working to make those visions a reality. February 18, 2016 (page 7 of 7) 8 developers with insight who are rethinking our urban neighborhoods   BY DEBRA SMIT G reat neighborhoods — with ample green space , commerce and good housing stock — empower their residents to grow and prosper. Developers are key when it comes to weaving together the physical threads of a community, particularly in urban neighborhoods frayed by years of blight and decay. These are among the developers who are working to revitalize some of the city’s most challenged neighborhoods, striving to be restorers of streets in which to dwell. All have one eye, certainly, on the bottom line. Still, they are well aware of expectations that they give measured consideration to quality of life in the neighborhoods in which they build.   Wi...