Morley Builders’ Post

Digging for deals? LoopNet is not a bad place to start. Click to learn about this Wegmans deal in DC.

CRE Close-Up: How a Historic Property Became a 1.8M-Square-Foot 'Urban Village'

The city of West Palm Beach and surrounding communities in north Palm Beach County is on an extraordinary growth and expansion trajectory that is going to astonish residents and onlookers alike!! This small city of 150,000 residents is going to grow to a population exceeding 1,000,000 and become the "go to city" for college graduates from around the USA seeking to build their careers, families and prosperous lifestyles. Major real estate developers like Steve Ross, Jeff Greene, Charles Cohen, David Martin, Jorge Perez, Ken Griffen, Donald Trump and others have already invested $ billions and the article in "Florida of Tomorrow" below describes six projects currently under development which are transforming various areas surrounding the downtown West Palm Beach core. The wealth and demographic transfer coming into South Florida from NY, NJ, MA, PA, IL, CA and internationally is expanding real estate development, family offices, private equity, hedge funds, wealth management and healthcare and are economic engines that drive thousands of downline businesses and sustain economic growth. This growth and wealth trend has the momentum to last for decades!!

Boston Developer’s $450 Million Vision for Lynn’s Transformation! Here’s a quick glimpse into an exciting development reshaping the landscape of Lynn, Massachusetts! Samuels and Associates, renowned for their expertise in mixed-use projects, is pouring a massive $450 million into developing a 4.4-acre site in Lynn’s South Harbor neighborhood. 👉 Discover more in my detailed video about the project - https://lnkd.in/ePiNqWWx Why is this a big deal? Track Record: Chosen for their proven success in creating vibrant residential, commercial, and lab spaces. Community-Centric: Committing to 10% affordable housing, they're not just building structures but nurturing communities. Economic Boost: A whopping $45 million tax credit backs this project, highlighting its significance and potential impact. The project is expected to net $120 million in tax revenue for the city of Lynn throughout a 30-year period. This development is more than just buildings; it's about revitalizing a neighborhood and creating a beacon of modern urban living. Stay tuned as we follow this transformative journey in Lynn. 🥂To groundbreaking ventures #lynn #realestate #housingnews #realestatenews

there is money to be made with good design

So many great development ideas and parallels for Sacramento after touring Philadelphia! An 11-acre park being constructed as a deck capping I-95 will connect Philadelphia to the Delaware River waterfront #Pennslanding. 200 South Broad Street, a 885,365 sf project, is converting an office building into apartments, sports club, rooftop skating rink, coworking space, and a hotel #thebellevue. A 23-story mixed-use office/287-unit apartment under construction on a challenging property fronting the Schuylkill River proves that even the most challenging of waterfront urban sites can be redeveloped #2301johnfkennedyblvd. These and dozens of other Philly projects, including new medical office, life science, hotel, housing and government construction, are underway, showcasing exciting examples of the potential opportunities for Sacramento's urban development. These projects highlight the power of private and public investment and collaboration. #sacramento #urbandevelopment #publicprivatepartnership #philadelphiadevelopment #bellstonecapitaladvisors

Exciting news in New Jersey real estate! 🏙️🐎 A massive $200M mixed-use development is coming to Oceanport, right next to the iconic Monmouth Park Racetrack. This 80-acre project is set to transform the area, bringing new life and opportunities to the community. As a NYC real estate professional, I'm always fascinated by large-scale developments in our neighboring states. This project, led by JEMB Realty, showcases the power of public-private partnerships in creating vibrant, multi-functional spaces. Key points that caught my attention: 1. 80 acres of prime real estate 2. $200 million investment 3. Mixed-use development (residential, commercial, and recreational) 4. Adjacent to a major attraction (Monmouth Park Racetrack) This project has the potential to become a new landmark in Oceanport and boost the local economy. It's a reminder of how strategic real estate development can revitalize communities and create value for residents and businesses alike. What are your thoughts on large mixed-use developments like this? Do you think we'll see more of these projects in the NYC metro area in the coming years? #RealEstateDevelopment #MixedUse #NewJerseyRealEstate #UrbanPlanning #CommunityGrowth #TheAceTeam #RealBrokerLLC

When you think of a resident in a trendy apartment building, a child or teenager may not be the first image that comes to mind. However, in London, the housing scene is changing, with more families attracted to the contemporary features and family-friendly benefits of top-notch new construction projects. We recognize the significance of these elements in influencing family dynamics in the urban setting. From children's activities to a supportive concierge service, here is our overview of why parents are choosing apartment living.

I spent much of my career in downtown Brooklyn, working at Forest City starting in 1994 and serving as Chair of the Board of the Downtown Brooklyn Partnership from 2013-2016. While I had the privilege of participating in downtown Brooklyn’s transformation from the mid-1990s onward, I am blown away by the retrospective the Downtown Brooklyn Partnership released on the 20th anniversary of the 2004 rezoning. In two decades, the neighborhood has witnessed the production of 32M SF of new residential, commercial, cultural, and academic spaces, producing over $34B in economic impact to the city. Kudos to the key government, private, and civic sector players for this epic outcome. Brooklyn's story of unprecedented growth and urban revitalization teaches us a lot about how public policy can be catalytic to economic development. However, it also teaches us what we don't know. One critical lesson that should not be lost when civic leaders and public servants are creating large scale masterplans is to prepare for the unexpected! Those of us who were there decades ago, when downtown Brooklyn struggled with crime and lack of economic opportunity, appreciate how the essential thinking behind the 2004 rezoning was so different from what came to be. The focus then was to incentivize companies to bring new business to Downtown Brooklyn and the plan centered on building commercial office space. The creation of high rise residential, along with cutting edge cultural and retail spaces was a remarkable, serendipitous by-product of the original plan, driven by the global “Brand Brooklyn,” great public transit, and government investment. Today, Brooklyn's bustling downtown of over 22,000 new residential units—including 4,500 affordable homes—nine new hotels, and 2.4M SF of retail spaces looks very different from what planners and civic leaders believed would happen. The creation of 2.8M SF of new office space is today a part of Downtown Brooklyn’s transformation and not the headline we thought it would be 20 years later. Given the transformative forces of the pandemic, this vibrant mixed-use district is a blessing. My big take-away is that rethinking our downtowns should always come with a nimble, creative, and flexible framework. This allows unexpected possibilities to unfold as market forces, urban dwellers, and social constructs evolve. Future proofing our communities with this type of thinking is vital to ensuring cities’ timeless engines of growth and opportunity. Check out the Story Map to see the transformation I have been lucky to witness https://lnkd.in/gQYfzQsj Regina Myer Tucker Reed Joe Chan James Whelan

🏗️ Are you wondering what is being built next to CSUSM in City of San Marcos, CA 🏗️ North City San Diego is building 222 North City, a 12-story mixed use project. North City (originally approved in 2009) is evolving in reaching its potential by creating our first true downtown. This market rate housing will bring much needed housing to the market . It’s predicted to provide housing for many faculty members for California State University San Marcos (currently our largest employer in our city), building housing adjacent to jobs, creating a synergistic atmosphere. It will also provide a much needed clientele base for the current restaurants in North City. It’s exciting to watch this project being built after the slowdown due to the “Great Recession” and the “Global Pandemic”, breathing life into our first true downtown that brings together businesses, housing, and a park together in a walkable community that is close to jobs and transit options. Stay tuned, it is predicted for occupancy by late 2025. #HousingDiversity #NorthCity #DowntownLiving #SanMarcosCity #DiscoverLifesPossibilities