Condo News Highlights
Condos would cater to artists
By TOM DAYKIN. Dated 12/14/2006
A former tannery in Milwaukee's Bay View neighborhood has been sold to a Mequon firm that will convert much of the complex into a $20 million housing development, targeting artists and other "creative class" home buyers.
78544Tannery Conversion
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New York Developer, Backer Scale Down Projects in Miami
By Christine Haughney and Michael Corkery. Dated 06/16/2006
In a sign some global investors may be souring on the U.S. housing market, a New York-based luxury condominium developer and his Israeli financial backer are trimming back in Miami. The U.S. partner plans to expand in India and elsewhere overseas.
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Vegas Developers Draw Wild Card: Spiraling Costs
By Peter Sanders and Christina Binkley. Dated 12/14/2006
Casino giant Harrah's Entertainment Inc. has spent nearly $1 billion over the past year buying up land on and around the Las Vegas Strip for an ambitious redevelopment of the gambling mecca's tourist corridor. But the company hasn't revealed exactly what it plans to do with the 350 acres it has amassed.
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Thomas Enterprises Developing 64-Acre Mixed-Use Property
By Kelly Sheehan, Online News Editor. Dated 12/14/2006
DECEMBER 12, 2006 -- Alpharetta, Ga. -- Thomas Enterprises, a development firm headquartered in Newnan, Ga., is building Prospect Park, a 64-acre, mixed-use development in Alpharetta, Ga., a suburb of Atlanta. The community is slated for completion in the spring of 2008.
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Phoenix Realty Group Announces Investment in Harlem Apartments, Condos
By Kelly Sheehan, Online News Editor. Dated 12/14/2006
DECEMBER 07, 2006 -- New York -- Uptown Partners LLC, a New York-based development firm, and Artimus Construction Inc., a development company also based in New York, has broken ground on Fifth on the Park, a 30-story, mixed-use building that will occupy a full block on Fifth Avenue between 119th and 120th streets in the Harlem section of Manhattan. The project is slated for completion in the fall of 2008.
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HFF Arranges $210M in Financing for Luxury Mixed-Use Development
By Kelly Sheehan, Online News Editor. Dated 12/14/2006
DECEMBER 08, 2006 -- Miami -- The Miami office of Holliday Fenoglio Fowler has arranged $210 million in financing for three phases of Riverfront West development, being developed in Miami by Key International, a real estate development firm. The community will include The Mint, a 52-story luxury condominium tower.
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Sacramento Area Officials Say Region is Ready for Mixed-Use Boom
By Kelly Sheehan, Online News Editor. Dated 12/14/2006
DECEMBER 13, 2006 -- New York -- Look out for multifamily construction in Sacramento, Calif., a group of Sacramento area officials told MHN today at the magazine's headquarters in Manhattan. The region -- soon to be home to several more mixed-use, transit-oriented developments -- is attracting people who can't afford to live in the over-priced suburbs and Bay Area, or who are looking for a maintenance-free lifestyle.
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