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GlobeSt.com diligently reviewed adaptive reuse projects across the country for our 2019 ADAPT awards. This year, 10 Grand Central has won for the most mindful overall transformation.
"We applied our proven value add capital program in full force to reintroduce River North Park to the Chicago market," says Lela Cirjakovic, executive vice president of operations at Waterton.
"As we continue to make our vision for Schuylkill Yards a reality, a set of guiding principles has remained at the forefront of our design approach: be courageous, creative and bold," says Jerry Sweeney, president and CEO of Brandywine Realty Trust.
The 360,000-square-foot headquarters campus, Santana West, is developer Federal Realty’s biggest expansion at the iconic Santana Row mixed-use live-work-play property since its opening in 2002.
Groundbreaking is imminent on a mixed-use project located at 477 S. Market St. in the SoFA District after $67 million in debt and equity were recently secured for its development by NorthMarq Capital.
PEEK Reock I QOF, LLC and PEEK Reock II QOF, LLC are set to break ground next year on two separate apartment-rental properties of 50 and 118 apartment-home units, respectively, within the city’s Reock Street Redevelopment Area. The combined development cost for the two projects is approximately $45 million.
The historic 85,580-square-foot office building constructed in 1901 at the corner of California and Montgomery streets in the North Financial District was recently purchased for $78.5 million.