article thumbnail

Marvel-designed Gowanus Green will offer 955 affordable rental units in Brooklyn

BD+C

Marvel-designed Gowanus Green will offer 955 affordable rental units in Brooklyn The community consists of approximately 955 units of 100% affordable housing, 28,000 sf of neighborhood service retail and community space, a site for a new public school, and a new 1.5-acre acre public park. acre public park. acre public park.

Green 52
article thumbnail

Real Estate Investment Trusts (REITs): Understanding the Construction Connection

Construction Marketing

Real Estate Investment Trusts (REITs) are owners, operators, and financers of income-generating real estate properties. The primary purpose of a REIT is to generate income for its investors through rental income, capital gains, or both. As such, it may lead to higher rental income and property values.

Income 211
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Commercial Construction Predictions and Trends for 2013

HardHatChat

Michigan Avenue in Chicago is seeing a mix of high-end retailers and value retailers, a trend that will continue in 2013 in markets across the country. This mix benefits retailers such as American Girl, which Englewood built out in 2009 at Water Tower Place, as more foot traffic passes through the area.

article thumbnail

250-unit rental building opens in Brooklyn

BD+C

The building features a mix of middle-income and market rate residences from studios to three bedrooms as well as 6,000 sf of ground floor retail. The Lois, an eight-story, 250-unit residential building, has opened on the border of Prospect-Lefferts Gardens and East Flatbush in Brooklyn.

Income 59
article thumbnail

Jones Lang LaSalle: All U.S. real estate sectors to post gains in 2013—even retail

BD+C

Although 2013 isn’t likely to be anyone’s idea of a blockbuster year for real estate performance, landlords across an array of commercial property types are gaining pricing control and increased rental income from their assets.

Retail 81
article thumbnail

Industry Focus – Retail: Less Than Six Degrees of Separation

Buisness Facilities Contributed Content

Retail accounts for more than $2 trillion in total GDP impact with consumer spending accounting for more than two-thirds of the U.S. The health of this industry is a vital economic indicator since sales tend to be driven by personal income, consumer confidence and interest rates. Credit: City of Cape Coral).

Retail 40
article thumbnail

6 guideposts for cities to create equitable transit-oriented developments

BD+C

Multifamily Housing Affordable Housing Office Buildings Retail Centers Shopping Centers Transit Facilities Despite the best efforts of city governments and their transportation departments, transit-oriented-development projects often unintentionally burden existing residents and small businesses in the area.

Austin 95