Stefan Costi’s Post

Part 2 Credit to Jack Landau November 13, 2024 Toronto's Yonge Street is about to witness a vertical explosion of condo towers https://lnkd.in/g8TAzcEb The massive influx of tall buildings in the area would indeed add quite a bit of length to North York City Centre's relatively narrow skyline, hugging its urban core along Yonge Street. The vertical growth on tap for this area includes upwards of 25 towers with over 8,200 residential units either proposed, approved or under construction in the narrow corridor along Yonge Street between Highway 401/Sheppard Avenue and Finch Avenue. However, the density coming down the pipeline grows to absolutely colossal proportions just a bit further north on Yonge Street, where the new subway extension is fostering a tidal wave of development for the northernmost portion of Yonge in Toronto. Velasco points to a staggering pipeline of over 75 towers with a combined unit count in excess of 32,000 for the area around Yonge Street from north of Cummer/Drewry Ave to Steeles Avenue at the city's northern boundary. South of the dividing line, some of the Toronto previously featured on blogTO include 6355 Yonge, 88 Steeles West, 10 Abitibi Avenue, 26 Nipigon Avenue, and the redevelopment of Centerpoint Mall. North of Steeles, some of the biggest projects in the works on the Vaughan side of this new skyline include 7028 Yonge, 72 Steeles West, and 7200 Yonge.

New York City plans a $152.7 million redesign of Fifth Avenue, transforming it into a pedestrian-friendly boulevard between Bryant Park and Central Park. The project will expand sidewalks, reduce traffic lanes, and add greenery, seating, and stormwater infrastructure. Inspired by iconic streets like the Champs-Élysées, the redesign aims to enhance safety, sustainability, and accessibility. It will include underground upgrades and nearly double sidewalk space, with construction phased over several years. The initiative is expected to boost economic activity and improve public space usability. More details here: https://lnkd.in/e9tvG_Di

Developers of the proposed megadevelopment surrounding United Center are rolling out more specifics. The privately funded 1901 Project, as it's been dubbed, will be delivered in several phases through 2040. Phase one, completing in 2028, features the main entertainment and recreational pieces designed by RIOS with landscape architect Field Operations: a 6,000 seat music hall, a 233-room hotel, and a park-topped parking garage. It would be nice to have the parking below ground and the green space at-grade, but cost is a likely deterrent. Later phases skew residential, with nearly 10,000 new homes filling in long-vacant lots. The plan carries an expectation that the City will construct a new Pink Line station at Monroe. We certainly hope this comes true! The Chicago Plan Commission weighs in on the proposal later this week. More details: https://lnkd.in/gPDGV7yd #megadevelopment #1901Project #UnitedCenter #NearWestSide #CTA 📸: Rendering by RIOS/Proloog

Midtown and Downtown Atlanta have transformed dramatically with new developments, reshaping the skyline and driving urban growth. See how its changed in the last 4 years in the below article. Cirto Gray Associates #UrbanGrowth #Atlanta #Architecture #StructuralEngineering

Did you know that 2 Finsbury Avenue at Broadgate has bottomed out?! So, what does 'bottoming out' mean? In construction, 'bottoming out' is a major milestone that signifies the completion of foundation work. For a skyscraper, this isn’t just another step, it’s the critical moment where the groundwork is done, and the project transitions to building upwards. At British Land, we understand the importance of every phase in creating world-class workspace that is engineered for every working style. So why is 'bottoming out' so significant? 1️⃣ It lays the foundation for greatness The completed foundation ensures the building’s structural integrity, capable of supporting its immense weight and withstanding external forces. Did you know that 2FA's basement extends to the same depth as the Central Line at Liverpool Street Station?! 2️⃣It’s where vision becomes reality Once the foundation is set, the superstructure begins to rise. Progress becomes tangible, and future tenants like Citadel can start imagining their 250k sq ft world-class workspace. 3️⃣ It’s a pivotal moment 'Bottoming out' shows that the project is on track - an exciting signal for stakeholders, investors, and the City of London as the next London landmark begins to take shape on the iconic skyline. Milestones like these highlight the precision, planning, and innovation behind every development. Stay tuned as we continue to deliver exceptional places for every stage of business.🏗️✨ https://lnkd.in/emCHZzSP #BritishLandWorkspace #LondonLandmarks #DevelopmentMilestone

https://lnkd.in/gGV86ky7 Cities are in a continual process of developing and redeveloping, generating and regenerating. The current challenges with commercial office space in many cities have historic precedents and have been addressed successfully. The cities of today reflect the challenges and responses of the past. The cities of tomorrow will reflect our responses to today's challenges. Interesting article about a leader in the field of architectural preservation and real estate regeneration. #cities #citiesforpeople #citiesofthefuture #senseofplace

Food for thought Friday: Boston's Construction Industry 👷♀️ 🏙 Boston, Massachusetts, a city with a storied past, is now a hub of modern construction innovation. From its colonial beginnings to today's bustling skyline, construction has been central to Boston's evolution. 🚧 Boston's construction scene is vibrant, with projects ranging from towering skyscrapers to innovative mixed-use developments. The real estate market remains robust, driving demand for residential and commercial spaces across the city. 💚 Boston's construction industry leads in innovation and sustainability, integrating green building practices and cutting-edge technology. Sustainable design elements and advanced construction techniques are reshaping the urban landscape, enhancing both environmental impact and quality of life. 📈 Challenges such as labour shortages and rising costs persist, but initiatives promoting collaboration and streamlining processes offer opportunities for growth. With a focus on infrastructure investment, affordable housing, and climate resilience, the industry can continue driving Boston's progress. 💡 Boston's construction industry is poised for a bright future, guided by its commitment to excellence, innovation, and collaboration. As the city evolves, construction will remain integral, shaping Boston's skyline and economic prosperity for years to come. #boston #massachusetts #construction #constructionindustry

Raleigh’s Hottest Construction Zones! 🚧 Raleigh is booming! Despite a slight slowdown in commercial real estate, the Triangle is alive with activity, and the numbers speak for themselves: - 60 commercial building permits issued through August alone. - Multifamily and mixed-use projects are leading the charge, reshaping the skyline. - Rezoning and site plans? They’re taking over a year to get approval, but the results are worth the wait! From cutting-edge office spaces to vibrant mixed-use developments, Raleigh and Durham are the epicenters of growth. Curious about the hottest zones? Let’s chat about how this impacts your real estate goals! Emily Elliott 919-810-6520 Emma Douglass 919-448-5506 #landtolistings #raleighrealtor #ncdevelopment #land #caryrealtor #luxuryhomes #raleighrealestate #constructionzones 📸: bizjournals.com - Land To Listings- Powered by Costello Real Estate and Investments

Exciting news at Georgia-Pacific’s iconic HQ in Downtown Atlanta! This exactly what downtowns—Atlanta and elsewhere—need: forward-thinking development that integrates different types of real estate uses, including residential, retail, entertainment, hotel and office (yes, office!).   As downtowns become less office-centric, they create vibrant, dynamic communities, promote alternative transportation (including walking, biking, public transit, etc.), attract jobs and GDP, and create investor value.   Interesting that the asset mix of this development—with 400 apartments, 125,000 sf of retail, restaurant and entertainment space (plus 35,000 sf of plaza), and 600,000 sf of office—is quite close to our optimal product mix in our brand new Reimagining Cities report (https://lnkd.in/ed5qGc8i). Our recommendation is for walkable urban neighborhoods to end up around 42% Work, 31% Live and 26% Play. If I am doing the math correctly, the new Georgia Pacific complex would be roughly 55% Work, 31% Live and 14% Play. A little light on Play, but there are future plans for more of it (according to the press release: "Future multi-phase development plans include opportunities for a hotel and additional retail and residences").   Excited to see more of this type of redevelopment in the near future as we reimagine cities.   #RealEstate #ReimaginingCities

**The Heartbeat of Nashville: A Dynamic Construction and Development Scene** The construction and development industry in Nashville is more intense than ever! 🚧🏗️ As our city continues to grow and evolve, the demand for innovative, sustainable, and community-focused projects is skyrocketing. From the soaring skyscrapers redefining our skyline to the thoughtful urban spaces that enrich our neighborhoods, Nashville is a hub of relentless activity and visionary planning. It's not just about building structures; it's about creating spaces that resonate with the spirit of our city and its residents. Every blueprint, brick, and beam is a testament to the hard work, creativity, and collaboration of countless professionals who are passionate about shaping the future of Nashville. The intensity of this industry reflects our commitment to excellence and our dedication to a vibrant and thriving community. Kudos to all the architects, engineers, contractors, and developers who are making Nashville not just a place to live, but a place to love. #Nashville #Construction #Development #UrbanPlanning #SustainableBuilding #CommunityGrowth #Innovation #Architecture #BuildingTheFuture