Commercial

Downtown Los Angeles to Welcome its Tallest Tower, Wilshire Grand Tower

Downtown Los Angeles is all geared up to welcome its tallest skyscraper, Wilshire Grand Tower to replace the historic Wilshire Grand Hotel. Jointly being developed by AC Martin and Hanjin Group, owner of Korean Air, the $1 billion project will stand at 1,100 feet with 73 floors.

Lisa Hochstein’s Star Island Home Dispute Decision Delayed

"The Real Housewives of Miami" star, Lisa Hochstein and husband Dr. Leonard Hochstein are awaiting the resolution of dispute over renovation plans of their Miami Star Island Home by the Design Review Board.

Philadelphia to Get New Student Skyscraper

Philadelphia, the city of Brotherly love is all geared up to get its new exclusive student skyscraper at the Cira Centre, on the southern side of University City section. Campus Crest Communities Inc., Brandywine Realty and Harrison Street real estate capital will be teaming up to create the $ 158 million project.
  • Barbie® Selling Her Long Time Malibu Dreamhouse
    Barbie® is leaving Malibu in search of a new place and a new "Dreamhouse". She has listed her 8000 square feet beach-front residence for a good $25 million. She will be embarking on an international trip soon in search of her next dreamhouse location.
  • Oscar Green Room – A tribute to 40s Art Director, Cedric Gibbons
    As the 85th Academy Awards Night comes closer, Architectural digest has revealed the designer who will be designing the backstage green room for the event. Madeline Stuart, daughter of late ace director, Mel Stuart will be styling the Oscars green room whose design pays homage to director, Cedric Gibbons.
  • Sheraton Huzhou Hot Spring Resort, Latest Masterpiece of Sheraton Hotels
    Sheraton Hotels and Resorts, a brand of The Starwood Hotels and Resorts Worldwide has just welcomed the newest member to their already existing hotels, The Sheraton Huzhou Hot Spring Resort. The resort is a horse-shoe shaped structure and is built by Beijing based architect, Ma Yansong, a member of the MAD Architects.
  • Brookfield Asset Management Subsidiary in Brazil Sued For Bribery
    A subsidiary of Brookfield Asset Management, a global real estate investing firm in Brazil has been sued by a state prosecutor for bribing government officials in order to obtain construction permits for the Shopping Patio Paulista Mall.
  • FBI to Move Headquarters; Looking for Better Sites
    The FBI is geared up to shift base from its existing J. Edgar Hoover building in Pennsylvania Avenue, Washington D.C. The G.S.A announced in a press meet that it was looking for developers to buy the building.
  • Time Warner Considering Sale of its New York Headquarters
    Media Giant, Time Warner is contemplating selling its Columbia Circle Headquarters, The Time Warner Center. The company has requested three real estate firms to calculate the building's net worth. However, it has not decided on the sale yet. Various other options like leasing the building have also been considered.
  • London’s Legendary Smithfield Marketplace to be Redeveloped
    London's historic Smithfield Marketplace will undergo redevelopment as plans for the renovation will be submitted to the city later in February, 2013. An Australian development group, Henderson Global Investors will be handling the $258.2 million renovation project.
  • Pershing Square in LA to Get Major Makeover
    The oldest public plaza of Los Angeles, Pershing Square is all geared up to receive a makeover again. Seed money for the new improvements will be financed by leading entertainment and sports firm, AEG, who have sanctioned a $7 million grant for the development of the park.
  • The Grand Central of New York Celebrates 100 Years
    "The Grand Central Station" celebrated 100 years of its standing glory on February 1, 2013. The Famous building is the largest station in the world with 44 high end platforms and 67 tracks. New Yorkers celebrated their beloved building's birthday with much pomp and glory.
  • New Construction Increased by 6 percent Annually, says Report
    In a recent report analyzed by McGraw Hill Construction, it was revealed that the number of new construction went up significantly in December 2012 after a gloomy period of the previous two months. The total rate of construction also went up by 6 percent over the year.
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