St. Patrick #39;s Cathedral - Dublin
Founded in 1191 this is the National Cathedral for the Church of Ireland and includes very fine examples of the Irish architectural styles dating from the 13...
By: Benjamin Beauchamp Architects
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St. Patrick's Cathedral - Dublin - Video
Speciale MIPIM 2014 Massimo Roj. L #39;intervista a Monitor Immobiliare
L #39;arch. Roj racconta il progetto Oxygen: un team italiano per una torre residenziale, sostenibile e di lusso. MIPIM, Cannes 11-14 marzo 2014.
By: Progetto CMR Massimo Roj Architects
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Speciale MIPIM 2014 Massimo Roj. L'intervista a Monitor Immobiliare - Video
Cuban Architects Day 2014
Celebration of Cuban Architects Day 2014 at the Big Five Club in Miami, Florida, on March 9th, 2014.
By: Angel Saqui
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Cuban Architects Day 2014 - Video
Architects - Outsider Heart (tribute video cover)
UK, (Architects-Outsider Heart) "Daybr...
By: MrTeaRax
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Architects - Outsider Heart (tribute video cover) - Video
80 Pane Rd
80 Pane Rd, Newington, CT 06111
2,000 SF$12.00/sf/year ($2,000 per month)
Office, Medical Office, Retail, Lofts / Showrooms, Other
Pane Rd Plaza. 80 Pane Rd is a Commercial Plaza located on the corner of pane Rd and the Berlin Turn Pike diagonally across from the Olympia diner. The entire outside of the building has been just renovated and shows as a new building. Completely refaced with brand new Field stone and trimmed out with Copper flashing the building will certainly impress your customers. The entire property was also newly landscaped by a landscape design architect and is professionally maintained. A quick drive by of the building will speak for it self. This commercial plaza located right off of the Berlin Turnpike is the perfect place to showcase your Company. There is currently one 2,000 sq' space left for rent in the plaza.The rent is $12.00 per Sq' (Including property tax). Although Tax's have been include in the base rent a small monthly cam charge will apply for common expenses. NNN
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Connecticut Retail Space - Cityfeet
At the Tues., March 4, release of the University Open Space Priorities Committee report, working group members, from left, Professor Lawrence White of the Stern School of Business; Allyson Green, associate dean of the Institute for Performing Arts; Ted Magder, associate professor at the Steinhardt School; and Laurence Maslon, arts professor at the Tisch School of the Arts. Photo by Lincoln Anderson
BY LINCOLN ANDERSON | Aworking group of mostly N.Y.U. faculty members last week issued its recommendations on what should be included in a new building at the current Coles gym site. They suggested a mix of classrooms, performing-arts space, equal space for student and faculty housing, and student study areas, but no retail space.
They also said the universitys development plan is fiscally responsible, but urged the school not to increase tuition or other expenses to help meet construction costs.
In addition, the group recommended the creation of a Superblock Stewardship Advisory Committee, which would provide improved stewardship by the university of the superblocks land and buildings to enhance the neighborhoods quality of life.
The group stated that the university should continue to concentrate its academic activities within the [campus] Core to the greatest extent possible and that increasing the density of activities within the Core improves the academic quality of the institution.
Several days later, President John Sexton announced that he, deans and members of his senior leadership team enthusiastically supported all the working groups recommendations and were prepared to pass on the report to the universitys board of trustees with their glowing seal of approval.
Focus on the ZipperAfter Judge Donna Millss Feb. 7 ruling, in which she found that three out of four disputed open-space strips on the universitys two South Village superblocks are indeed public parkland, New York University is now focusing its development plans on the Coles site.
Mills ruled that the open-space strip in front of Coles is not public parkland, so N.Y.U. says it maintains the legal right to proceed with its building plans there. The new Zipper Building slated for the spot would partly sit on the open-space strip currently used by the Mercer-Houston Dog Run. The dog run would be relocated to the west of the new Zipper.
In addition, the working group noted it is focusing on the Coles site since, under the agreement with the city when the N.Y.U. 2031 plan was approved in July 2012, construction could not start on the north superblock until 2022 anyway. Over all, the group said, regarding any potential construction on the north superblock, as well as on the Morton Williams supermarket site, the university should again consult with a similar advisory group on how to proceed.
The 26-member University Space Priorities Working Group was convened by Sexton in October 2012. Last Tuesday, they issued their report.
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Zipper reconsidered: N.Y.U. retools project it says it can still build
LIVERMORE -- Preparations are underway for the expansion of the Livermore Premium Outlets, a project that will add as many as 80 more stores to the upscale outdoor mall.
The Livermore City Council on March 10 approved a $2.3 million contract to DeSilva Gates Construction to move the existing Paragon Outlets Drive. The work was to begin further east on Tuesday. According to city officials, the realignment represents the first steps toward private construction of the mall's second phase of development, planned for 15 acres directly east of the mall.
Livermore's community development director Stephan Kiefer said the 200,000 square-foot expansion will bring in an additional 50 to 80 retail stores and potentially others in the surrounding zones.
"We expect not only will it be a success for the mall, but will result in additional development around the mall," Kiefer said. "As the the mall expands, that will just generate interest in the immediate area and bring more visitors. We're excited about it."
Kiefer said there are designs for 120,000 more square feet of retail space located south and east of the mall, including pads for several new restaurants.
The soon-to-be renamed Premium Outlets Drive has a June 10 completion date, with construction of the expansion starting immediately thereafter. The mall's second phase is scheduled for a July 2015 opening.
"We are looking forward to begin work on the long-anticipated expansion of Livermore Premium Outlets, which is sure to please our local shoppers as well as the many visitors the center receives," mall management said in a statement.
Formerly known as Paragon Outlets, the Livermore Premium Outlets has 544,000 square feet of retail space housing 130 stores, including Prada, Last Call by Neiman Marcus, Coach, Kate Spade, and Michael Kors. Since opening in November 2012, according to the city, the mall has created 2,000 jobs and generates roughly $2 million in annual sales tax.
The Livermore Planning Commission approved the Phase II expansion in 2012. City officials have said the project could generate as many as 500 jobs.
The El Charro Specific Plan Infrastructure project will also widen Jack London Boulevard at points and lengthen the turn lane into the mall's main entrance. The cost of the project is $3.3 million.
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Groundwork being laid for Livermore Premium Outlets expansion
NAIOP Report Says Warehouse, Manufacturing Absorption Will Flirt With Record Levels in 2014 as E-Commerce, Housing Construction Expand
The NAIOP study, authored by Drs. Hany Guirguis of Manhattan College and Joshua Harris of the University of Central Florida, projects that quarterly readings will fall between 60 and 65 million square feet of positive absorption through 2014.
Assuming GDP holds close to forecasts of above 3 percent growth in 2014, they expect industrial space to post approximately 250 million square feet of net absorption in 2015. More specifically, they forecast quarterly net absorption figures will range between 58 and 65 million square feet, with a mean forecast of 68.8 million square feet, for all of 2015. Also 2014 may actually produce a larger net absorption figure than 2015 due to pent-up demand for space left over from the recession which should normalize by 2015.
"Demand for all types of industrial space -- warehouse, fulfillment-distribution centers, manufacturing and flex -- is robust," noted Thomas J. Bisacquino, president/CEO of NAIOP. "An intense increase in e-commerce has steepened the demand for distribution and fulfillment centers, and companies are gobbling up space as a result."
Heightened demand big box space is already resulting in a burst of new speculative warehouse projects, with nearly 100 million square feet of new construction tracked by CoStar in the opening weeks of 2014.
Within the last week, KTR Capital Partners and Sponsor Properties acquire the 30-acre Pinole Point business park in Richmond, CA, from Sares-Regis. Pinole Point, a master-planned industrial park with a development site allowing for over 515,000 square feet of warehouse/distribution and manufacturing space, is fully entitled and ground-breaking is scheduled for this summer on three freestanding buildings ranging from about 40,000 square feet to 250,000 square feet.
"With the scarcity of Class A industrial product in this corridor, we plan to begin construction on a speculative basis," said Brian Gagne, senior vice president of Investments for KTR Capital Partners.
In the Greenville, SC, market, TDI-Southchase, a partnership led by principals from Atlanta-based TPA Group, plans to begin construction this spring on a new 250,000-square-foot spec building on 40 acres in Southchase Business Park in Fountain Inn.
As of early last month, CoStars PPR forecasting and analytics company was tracking 160 new leases of more than 100,000 square feet for a total of 35 million square feet across the U.S.
New housing starts were up 18% in 2013, and construction growth will likely continue as household formation rises and existing inventory is absorbed.
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Demand for Industrial Space Projected to Top 250 Million Sq. Ft. in 2014
On Mar 7, 2014, we issued an updated research report on Apogee Enterprises, Inc. ( APOG ). The leader in technologies for design and development of value added glass products, services and systems reported an 18% increase in its third-quarter 2013 earnings to 33 cents per share. The improvement was particularly driven by improved mix and productivity in the Architectural Glass segment as well as increasing margins and good project execution.
For fiscal 2014, Apogee raised the lower end of its earnings guidance on the back of strong backlog at improving margins and project pipeline. Apogee now expects earnings in the band of 95 cents per share to $1.00 per share compared with the previous guidance of 93 cents per share to $1.00 per share. The company guides annual sales growth in the range of 10-11%.
Consolidated backlog at the end of the third quarter was $300 million. The company has maintained this level for six straight quarters. Approximately 45% of the backlog, or $136 million, is expected to be delivered in fiscal 2014, and the balance 55% or $164 million, in fiscal 2015. Apogee's backlog remains strong, which bodes well for its future performance.
Apogee targets $1 billion in revenues and 10% operating margins by fiscal 2016. Its focus on operational improvements, expansion in new geographies and markets, and new product launches will fuel revenue growth going forward.
Apogee remains focused on its strategy to expand its architectural framing systems segment through geographic expansion, new products and domestic acquisition. The company's acquisition of Custom Window Company, Inc., which makes aluminum window products, will enable it to better serve its customers in the Western U.S. and the historical renovation market nationwide.
Furthermore, the acquisition of Alumicor Limited, which finishes and fabricates aluminum frames for window, storefront, entrance and curtainwall products for the Canadian commercial construction industry, will help Apogee expand its presence in the Canadian non-residential market, and will also contribute to growth through new product introductions.
On the flipside, in the first three quarters of fiscal 2014, operating margins in the Architectural Framing Systems segment declined due to the lower sales in the window business because of an anticipated gap in the schedule for more complex projects, resulting in lower capacity utilization. Third-quarter capacity utilization across all architectural manufacturing businesses was 68% in the third quarter.
Low capacity utilization might continue to adversely impact the company's margins. If the company fails to achieve near-to-intermediate market share gains, it will be left with a large amount of idle capacity. This would negatively impact profitability and the return on invested capital (ROIC) for Architectural businesses.
Furthermore, macroeconomic conditions might be a headwind for Apogee's performance in fiscal 2014. Moderating global economic growth can limit Apogee's near-term revenue visibility.
Apogee currently carries a Zacks Rank #3 (Hold).
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Balanced Risk-Reward for Apogee - Analyst Blog
