Development

With opportunity zones fueling new development activity, could construction costs start to increase again in 2020?

Amenities that focus on a wow-factor and interactivity will continue to be a focus this year.

It is the first project in Houston to receive any certification under Fitwel, and among the largest with a three-star Fitwel rating, is second only to the Bloomberg headquarters in New York City.

Dallas has long been a business-friendly location and infrastructure hub in the center of the country, and Texas maintains strong data center incentives with sales tax exemptions available on large builds of more than $200 million.

The owner and developer of the Philadelphia site, Richard Zeghibe—founder of Patriot Parking—is expecting to break ground on the building in the second quarter of 2020 and plans to complete construction in the fourth quarter of 2021.

HSA Commercial has acquired a 68-acre land parcel at Wilmot Road and 136th Avenue in Bristol, near I-94 and the Wisconsin-Illinois border. The firm has already received approval to develop a multi-phase business park on the parcel consisting of three buildings totaling more than 1 million square feet.