CRE Daily’s Post

New housing projects like Corvidae Co-op and U-Lex Co-op are demonstrating that affordable homeownership in single-family zones is possible. Located near the Mount Baker light rail station, Corvidae Co-op offers 10 units designed for low-income, first-time buyers, with prices starting at $170,000. Meanwhile, U-Lex Co-op is selling units now, with prices ranging from $50,000 to $93,000, aiming to begin construction soon. "We had to break down loads of barriers to get [Corvidae] built, and now the city planners and council have really taken notice," said Leah Martin, architect and cofounder of Allied8 Architecture and Design. "My primary goal was to show the city and the city planners how we can add density to single-family zones and make it affordable, so that single-family zones aren't just for people that earn $300,000 a year." Read the full story by Lauryn Bray on the Emerald. https://lnkd.in/gAZbZhpx /// #SeattleNews #SeattleHousing #Seattle #SouthSeattle #SouthEnd

Commercial Real Estate Several options on table for Riverside Drive redevelopment site. What ultimately winds up there will depend on plans for light rail on Riverside Drive. https://lnkd.in/gKY-yVVA

Oxford Properties Group has revised plans for the ambitious Union Park development in Downtown Toronto. The updated proposal reduces office space in favour of increased residential density and now features four towers, ranging from 50 to 71 storeys. https://lnkd.in/gQdVhGyi #Toronto #development #urbanplanning 

There are a lot of transit projects underway in Toronto, with most headlines focusing on the massive undertaking of the Ontario Line or the scandal-plagued Eglinton LRT. But not to be overlooked, the Finch West LRT is nearly complete and may actually beat out Eglinton to become Toronto's newest transit line. While the development activity seen on Finch has not quite matched the fever pitch along Eglinton, it is still seeing its fair share of new proposals to increase the density along the major transit corridor, reported UrbanToronto.ca. "One such proposal is at 3434 Weston Road, located just south of Finch and the future Emery LRT station. Here, Pinemount Developments Ltd. and Elysium Investments Inc. are proposing two towers of 35 and 39 storeys designed by Icon Architects. The project would contain a total of 832 residential units with retail at grade." https://lnkd.in/gW-hjgNa #toronto #residential #development #transit

“If the construction timelines of the City’s commercial developers are to be believed, most of these schemes will be built over the next five years” Commercial construction in the City of London is thriving and shows no sign of slowing down. Smart buildings will be high on the agenda with smart lockers playing a crucial role in their development. #smartlockers #smartbuildings #workplacetechnology #datainsights

Building the Future of London: Exciting Projects on the Horizon... As a leading construction consultancy, we're excited to be working on iconic projects like 85 Gracechurch, Blackfriars, and 1 Leadenhall. But what's next? A recent article suggests that the project management market in London may be poised for a surge - could this be the boost our industry needs to drive growth and innovation?

$130M Greenville Project to Build SC’s Tallest Building 🏢✨ Greenville’s 29-story Gateway project has cleared key approvals, paving the way for construction on the long-vacant 2-acre downtown site later this year. The mixed-use development will feature 342 apartments, 12,000 sq. ft. of retail space, public plazas, and parking for over 350 vehicles, creating 100+ jobs. After years of stalled proposals, local leaders are optimistic about N.R. Investments’ ability to deliver, given their proven track record in revitalizing urban areas. Want more on this record-setting project? Read the full story! 👇 https://lnkd.in/gdkS-uYN #SouthCarolina #constructionindustry #tallbuildings #ConstructionInnovation

In many historic downtowns, the upper floors of commercial buildings often remain unused or underutilized. However, transforming these spaces into modern housing units is a vital step toward revitalizing urban centers and driving economic growth. For communities like Freeport, upper-floor redevelopment not only preserves historic architecture but also brings much-needed housing into the heart of the city. Read more here:

🏗️CENTER CITY GROWTH: Charlotte's urban core has $3.7 billion in new development either under construction or expected to break ground in 2026, according to a new report from Charlotte Center City Partners. - That includes more than 2.2 million square feet of office space, 338,800+ square feet of retail, 1,630+ hotel rooms and 7,110+ apartments. WHY IT MATTERS: This is still considered a "strong pipeline," although the total is down from $4.2 billion in 2024 and $6.9 billion in 2023 because of a development decline. - CCP is also tracking $1.7 billion spent "reimagining" and modernizing Uptown's old buildings - from repurposing empty office towers to renovating the NFL stadium. Axios #Shanalashay #theharrisgroup #CostelloREI #charlottenc #charlotterealestate #broker #commercial #realestate

I was reading about the North Center Apartments project by SPACE Architects on the north side and how they achieved the framing of the rooftop level. Then it dawned on me to ask, is there an existing mixed-use building that has a rooftop on Chicago's far south side (south of 95th Street)? Better yet, are there any existing mixed-use developments on Chicago's far south side period? Maybe someone can correct me on this and maybe I do not know every square-inch of Chicago's far south side as I thought. If not or even if you can name all on one hand, how is that possible? We definitely need to prioritize mixed-use development investments on Chicago's far south side. If this is helping to stabilize commercial corridors on the north side of Chicago, then it can do the same for our struggling commercial corridors on Chicago's far south side. And I am not just talking about just doing one project but multiple projects to build much needed density, especially for residents who are currently getting gentrified out of their neighborhoods. #InvestFarSouth #BCBI https://lnkd.in/gwhZaHMb