Tales of Distressed Properties; Was “Originate-to-Distribute” Lending Model...
Seems like I’m in a neverending game of catchup these days. Here are some interesting recent news and notes from around the retail real estate world. Chris Macke, CEO of Chicago-based General Equity...
View ArticleGrowing Rift Appears Between Mayor and Developers in Boston’s Downtown...
We’ve reported before how the relationship between Boston Mayor Thomas M. Menino and the developers of the Downtown Crossing project might have been compromised by some ill-advised remarks by Vornado...
View ArticleHow to Do Mixed-Use Right (Thursday’s News & Notes)
For the better part of the past decade, developers and architects have been arguing about the best way to approach mixed-use projects. Mixed-use was the in-vogue concept back in the pre-recession days,...
View ArticleForest City Sells Stake in New York Retail Portfolio
Forest City Enterprises has been extremely busy the last couple of years as it has aggressively cleaned up its balance sheet, increased liquidity and revamped its approach to development and...
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First New Regional Mall in Six Years Opens in Salt Lake City
The retail real estate rebound has become official, with Taubman Centers Inc. opening the first new regional mall in the U.S. in six years. The City Creek Center in Utah received rave reviews from its...
View ArticleNew Jersey Mega-Project Gets Financing
It took a bit longer than expected (as has everything having to do with the 3-million-sq.-ft. American Dream project in the New Jersey Meadowlands), but the Triple Five Group, the project’s new owner,...
View ArticleNew Plan Revealed for Boston’s Downtown Crossing
Millennium Partners, the firm that took the development reigns from Vornado Realty Trust on the Downtown Crossing project earlier this year, revealed its vision for the property this week. As expected,...
View ArticleNew Roadblock for American Dream Mall
Just when it seemed that the long-awaited American Dream project in the New Jersey Meadowlands was about to become reality, a new problem emerged. The New York Times reports that the Giants and the...
View ArticleMall Proposed For Miami International
Airport malls are an idea that has come up (and been derailed) in the past. Will this time be the charm? Miami Today reports that the local Aviation Department is mulling building a mega-mall at Miami...
View ArticleMeadowlands Won’t Be Ready By 2014
According to Asbury Park Press, the project’s new developers admitted the permanently stalled center will likely not be ready for the 2014 Super Bowl, as previously planned. But when construction...
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