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New Hackensack NJ building would include 350 units, retail space - NorthJersey.com
The new one-bed and two-bed apartment complex and retail space will be renovated over the summer. The owners are targeting a move-in date for new tenants of December 2024 or early 2025.
Plans for the revamped building, which will be called The Nest, were approved by the City of Yellowknife in summer 2022. The Nest is owned by Borealis Development, which reportedly bought the building for $1.4 million.
Borealis Development said it needed to get permitting and financing in place before construction could begin a process that was delayed in part by last summers wildfire evacuation.
Were very excited, said Afzal Suri, one of the owners of Borealis Development.
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Hopefully this will revitalize the downtown core. I think it meets all the criteria that the city has set for the revitalization of the downtown core, and were hoping well encourage other developers to do the same.
It was an existing building that was being under-utilized, and I think it can now finally live to its full potential.
Suri said the building has been gutted on the inside, so Borealis can start afresh with new electrical, plumbing and windows.
He noted the building unfortunately had an issue with the facade part of the siding fell off the 10-storey building in 2018 so that will also be redone.
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Once complete, there will be 36 one-bedroom units and 36 two-bedroom apartments. The layouts on each floor will be the same.
All the units are going to be rentals. There will be some put aside for affordable units, said Suri.
Applications to rent the units wont become available until an opening date for the building is in sight, but Suri said Borealis is already looking for commercial tenants to fill two rental units on the ground floor so Borealis can develop those spaces to meet their needs.
When shoppers enter the building, theyll be able to turn left or right to enter a store. Residents can continue on to their apartments.
The tenants wouldnt be disturbed with the retail activity thats going on, and itll be beneficial for the retail units because theres non-stop foot traffic thats walking right in front of their front door, Suri said.
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Construction begins on apartments, retail space in Bellanca building - Cabin Radio
UPDATE: The article was updated to reflect that the proposed financing was not approved after a last-minute deferral by the Committee on Finance.
$25 million in multi-family housing revenue bond financing has been proposed for The Ave. Chosen as the winner of the Chicago Ave Invest South/West RFP site back at the end of 2021, The Ave will occupy the property at 3601 W. Chicago between N. Central Park Ave and N. Monticello Ave, where it will replace the current Neighborhood Housing Services office and a one-story commercial building currently owned by the city.
The Ave at 3601 W. ChicagoGensler and Nia Architects
Planned by KMW Communities, POAH and CEC, the four-story project will include 52 affordable apartments, 2,900 square feet of space for Neighborhood Housing Services, an innovation center measuring 2,900 square feet, and 1,800 square feet of available retail space. Parking for 32 cars will be included on the ground floor.
The Ave at 3601 W. ChicagoGensler and Nia Architects
With Gensler and Nia Architects working on the project, the design began with the intent to avoid a simple bar building. The current scheme looks to create a longer building with multiple components. The massing holds the corners at each intersection, carves the middle of the street frontage, and draws the eye into the center plaza space.
The Ave at 3601 W. ChicagoGensler and Nia Architects
The portion along N. Central Park Ave is the tallest portion, creating a stronger presence on one corner. The longer portion of the building is shorter and stretches towards N. Monticello Ave. Dubbed The Stoop, the public space at the center will be the feature space of the project. With Site Design Group on the project, the plaza will be designed as a multi-use space that will be overlooked by a large screen wall that will house local artwork.
The Ave at 3601 W. ChicagoGensler and Nia Architects
Since being selected as the winner of the RFP, the design has changed due to program changes and affordability measures. The top floor of the taller volume was removed, and the NHS office space was moved from two floors of space in the taller volume over to the ground floor of the shorter volume. New residential units were added to the second floor of the taller volume. Rising 54 feet, removing the fifth floor will allow for a less expensive construction method that will make the project more affordable.
The Ave at 3601 W. ChicagoGensler and Nia Architects
The building will be clad in a gridded brick facade with wood veneer accent panels and aluminum windows. At the ground floor, angled walls will also be clad in brick. Second floor residential units will have balconies that overlook the street and plaza.
With the funding proposal submitted to the City, the Committee on Finance and City Council will look to vote on it next month. The developers are also awaiting apending zoning change that was filed back in February.
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City financing proposed for The Ave - Urbanize LA
Construction on apartments underway at former Bellanca building in Yellowknife CBC.ca
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Construction on apartments underway at former Bellanca building in Yellowknife - CBC.ca
East Dundee's new parking deck will have space for shops Daily Herald
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East Dundee's new parking deck will have space for shops - Daily Herald
Kingston Planning Board OKs seven apartments and retail space in long-vacant Broadway building The Daily Freeman
Business owners who are seeking to expand their operations can face unique challenges and opportunities in London. When it comes to business premises, the role of commercial construction expertise in this context cannot be overstated. This article explores how leveraging specialist skills and knowledge can be a game-changer for businesses looking to expand their footprint in one of the worlds leading financial hubs.
It goes without saying, but strategic site selection is key. Londons diverse neighbourhoods offer various commercial advantages, from the financial districts of Canary Wharf and the City to the creative hubs of Shoreditch and South Bank. A construction partner with deep knowledge of Londons landscape can provide invaluable insights into choosing the right location that aligns with a businesss growth strategy, target audience, and operational requirements.
Moreover, experienced contractors can navigate the complexities of Londons planning and development regulations. They ensure that site development maximises the potential of the chosen location, adhering to sustainability and efficiency standards while also respecting Londons rich historical context.
In a city known for its architectural landmarks and design innovation, the physical space of a business becomes a crucial part of its brand identity. Commercial construction experts in London are adept at creating spaces that not only meet functional needs but also resonate with the brands ethos. Whether its through the use of cutting-edge sustainable materials, incorporating elements of biophilic design, or leveraging the latest in smart building technologies, the construction of a commercial space can significantly enhance brand perception and customer experience.
Sustainability is no longer a buzzword but a business imperative, especially in a city committed to becoming carbon-neutral by 2050. Commercial construction expertise in London encompasses a deep understanding of sustainable building practices, from energy efficiency and waste reduction to the use of renewable energy sources. By building or refurbishing spaces with sustainability in mind, businesses can reduce operational costs, comply with regulatory standards, and appeal to the growing market of environmentally conscious consumers.
The pandemic has irreversibly changed how we perceive and use commercial spaces. Businesses are now seeking flexible, adaptable environments that can accommodate hybrid working models, social distancing requirements, and health and well-being amenities. Construction experts who are at the forefront of workplace design trends can help businesses reimagine their spaces to meet these new demands, ensuring that they are equipped to face the future of work.
Finally, high-quality construction work directly contributes to the long-term value of commercial properties. In Londons competitive real estate market, properties that exemplify construction excellence, innovation, and sustainability command higher valuations and attract premium tenants. For businesses, investing in superior construction services not only supports immediate operational needs but also secures long-term asset growth.
Leveraging the expertise of a commercial construction company to help maximise business growth in London involves strategic site selection and development. Navigating the complexities of Londons property market requires in-depth knowledge and experience. Commercial construction professionals can provide invaluable insights into choosing locations that not only align with a businesss operational needs but also offer potential for appreciation in value. They assess factors such as accessibility, demographic trends, and local development plans, ensuring that the chosen site offers a strategic advantage.
Tailored construction solutions are pivotal in meeting the specific needs of a business. Commercial construction expertise enables the design and execution of buildings that are not just functional but also emblematic of a brands identity and values. Whether its a state-of-the-art retail space, an eco-friendly office building, or a multifunctional industrial facility, experienced contractors ensure that every aspect of the construction process, from planning to materials selection and execution, is aligned with the businesss goals. Furthermore, the rapid pace of technological advancement and changing market dynamics require a forward-looking approach to commercial construction. Expertise in this area includes the integration of flexible design principles and advanced technologies that allow businesses to adapt to future needs and market conditions. This aspect of construction expertise protects the investment and ensures properties remain competitive and relevant.
Businesses that recognise and embrace the value of commercial construction expertise position themselves for success in Londons dynamic market. They not only gain a competitive edge through customised, efficient, and sustainable infrastructure but also ensure their investments are resilient, adaptable, and capable of supporting long-term growth objectives. In this way, commercial construction expertise is not just about building structures; its about building futures, enabling businesses to thrive and expand in one of the worlds most vibrant economic landscapes.
This article has been written by Joseph for Virtus Contracts.
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Leveraging Commercial Construction Expertise for Business Growth in London - London Post
February 28, 2024
The town of Kittery, Maine has approved a plan to demolish an under-utilized outlet shopping center to make room for a new hotel, restaurant and housing near the Kittery Trading Post on Route 1.
Theplans call for a 119-room hotel and 107 new apartments, including 11 that are considered affordable, at the site of the Outlets of Kittery plaza.
The town's planning board approved the project late last week. Chairman Dutch Dunkleberger said the town has been exploring the possibility of redeveloping the under-utilized retail space for several years, particularly as some outlet stores began to leave.
"What do you do with all that space? We started noticing some vacancies and thought about how can we make use of that?" he said. "We have, in the past, approached the various owners about the potential for developing it into a mixed use space."
The project will be built in three phases, starting with the hotel, according to the developer, the New Hampshire real estate company Two International Group.
During phase two, the existing retail space would be razed to make room for the construction of the new apartments closer to I-95. A potential restaurant would be built next to the Trading Post during the project's third phase.
"It will be a good move for Kittery," Dunkleberger said. "It's not huge; it's not overwhelming."
He said the town needs more housing, particularly for Portsmouth Naval Shipyard employees and retail workers. And he believes the new apartments will bring more stable traffic to the remaining outlet malls during the winter, when fewer people travel from Massachusetts and New Hampshire to shop.
Dunkleberger said he's hopeful the three stores that remain at the shopping center will consider moving to other available retail space on Route 1, instead of leaving the area entirely.
This story is a production of the New England News Collaborative. It was originally published by Maine Public.
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Kittery, Maine will demolish one of its outlet malls to make room for new housing - WBUR News
Bharti Realty to build 17 mn sq ft of office, retail space in Delhi's Aerocity to tap rising demand The Economic Times
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Bharti Realty to build 17 mn sq ft of office, retail space in Delhi's Aerocity to tap rising demand - The Economic Times
Construction has resumed on 550 Tenth Avenue, a 47-story residential skyscraper in Hells Kitchen, following the fire and partial collapse of its tower crane this summer. Designed by Handel Architects and developed by Gotham OrganizationandGoldman Sachs Asset Management JV, the 520-foot-tall structure will span 430,000 square feet and yield 453 rental units, with 137 reserved for affordable housing, as well as 9,000 square feet of lower-level retail space, over 20,000 square feet of amenities, and 26,764 square feet of administrative office space for Covenant House. GO Covenant LLC is the owner and Monadnock Construction is the general contractor for the property, which is located along Tenth Avenue between West 40th and 41st Streets.
YIMBY captured the new crane in full operation, busily lifting materials to the highest floors of the rising superstructure. The floor-to-ceiling windows and bronze-hued panels have also made significant progress since our last update back in late May, when the envelope was just beginning to clad the multi-story podium, and the tower was roughly halfway up. Topping out could likely happen sometime this winter.
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
Photo by Michael Young
The fire on July 27 caused the collapse of the cranes 180-foot-long boom, which then smashed into the reinforced concrete superstructure and fell to the street below. The incident only caused minor damage to some curtain wall panels and the wraparound sidewalk, and several non-life-threatening injuries. No fatalities were reported.
U.S. Cranes is now the new crane operator, replacing the former crane provider, Lomma Crane & Rigging.
The below rendering looks at the southwestern corner of the podium, showing the residential entrance situated along Tenth Avenue beneath a sidewalk canopy and an inward-sloping wall of glass that runs up to the podiums rooftop amenity level.
550 10th Avenue. Rendering by ATCHAIN
Residential amenities will include a second upper-level lounge with an adjacent outdoor sky deck providing expansive views of the Empire State Building, Hudson Yards, and sunsets over the Hudson River. The podium will also have additional amenity spaces for social, leisure, and health and fitness activities.
The closest subways from the property are the A, C, and E trains at the 42nd Street-Port Authority Bus Terminal station, which offers an underground transfer to the 42nd Street-Times Square station servicing the 1, 2, 3, 7, N, Q, R, W, and Shuttle train to Grand Central Station. Also nearby is the 7 train at the 34th Street-Hudson Yards station to the south.
550 Tenth Avenue is anticipated to be completed in June 2025, as noted on site.
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Work Resumes on 550 Tenth Avenue After Crane Collapse in Hell's ... - New York YIMBY