Development

The Troubadour will be the first development for Mac McElwrath and Chris Sipes' Wayfinder, which focuses on high-growth areas with access to major employment centers and entertainment amenities.

Master plan developers are seeing increasing demand for agrihood communities, where residents can grow their own food in community gardens.

Inspection requirements and penalties for building exteriors in New York City could grow stricter and cost big fines for property owners under an update to Local Law 11 beginning this February, which requires hands-on inspections of all facades for buildings six stories or taller.

On Dec. 4, the Miami Planning and Zoning Appeals Board (PZAB) voted 8-1 to recommend repealing special area plans (SAPs) from Miami 21's zoning code.

The company unveiled plans remodel 35 existing stores in 2020 and 2021. With this investment, Giant will grow its commitment to the city of Philadelphia, its home market in Central Pennsylvania, and Monroe County.

Normandy reports that it has raised more than $100 million in commitments to date, and capital raising will continue through 2020 for the Opportunity Zone Fund that has a target of $250 million in commitments.

With a recently updated comprehensive plan in place, the 382-plus acres could be builder-ready after master plan and annexation approval for the project.

Flexibility in timing is among the biggest benefits of the new guidelines, and it could impact funds that already have projects underway.