January 30, 2019
The suburban Maryland campus Marriott International has called home for years will soon be redeveloped into a retirement community. Senior housing developer Erickson Living announced Tuesday it acquired Marriott’s 34-acre North Bethesda headquarters campus, which the hotel giant will depart in 2022. Erickson said it plans to develop a continuing care retirement community on the site....
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A 300,000 square-foot industrial building is underway in Grand Prairie’s Grand Lakes area. The speculative building will be located south of Interstate 30 and east of MacArthur Boulevard, and will be designed for tenants looking for 100,000 to 300,000 square feet of space, according to a release from Stream Realty Partners. Dallas-based Stream Realty is...
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A unanimous Frisco City Council vote gave HALL Park the greenlight to transform from an office park into a mixed-use development. The council voted Tuesday to approve more than 2,000 residential units and increased building height up to 25 floors at the 162-acre park west of Dallas North Tollway. While the proposal sailed through Frisco’s...
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Cross Campus in El Segundo
Aiming to be a serious player in the growing flexible office industry, a Southern California-based coworking company has its sights set on rivaling WeWork and Regus. As part of a broader strategy to expand its presence in the Western region, Santa Monica-based Cross Campus, a Lowe-backed boutique flexible office and coworking company, has acquired coworking firm...
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New California Gov. Gavin Newsom revealed his proposed state budget Thursday, emphasizing $1.75 billion in new funding that would be earmarked to address the state’s severe affordable housing shortage. During his campaign, Newsom pledged to oversee production of 3.5 million new units of housing statewide. Shortly after assuming the role of governor earlier this week, he doubled down...
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