Office

The $1 billion 150-acre development accounts for nearly half of the total office space in Hidden Ridge, which includes roughly 3 million square feet of office as well as multifamily and retail space.

This year's approved state budget authorized PHFA to sell $3 million of state tax credits and use the proceeds to make awards for the development of mixed-use properties in commercial/retail corridors in Pennsylvania that are undergoing revitalization.

The Innovation Challenge calls for municipalities and counties to partner with higher-education institutions and other strategic partners to consider groundbreaking approaches to build public-private and community partnerships, nurture entrepreneurship and upgrade infrastructure.

Following the CDI process, CTA will develop a request for proposals from potential developers, reflecting the outcomes of the planning process, including community desires and feasible concepts.

The 178,200-square-foot Class A property was sold by Westbrook Partners of New York City. Hines is headquartered in Houston, while Oaktree Capital maintains its headquarters in Los Angeles. Westbrook acquired the property in late 2017 for $72 million.

A Capital One survey found that urban professionals have higher expectations that employers will provide resources to support mental health and well-being, which includes thoughtful office design.

Want to know what building owners need to know? There are 11 pieces of legislation that are part of the Act, but the centerpiece establishes strict carbon emissions limits for NYC buildings larger than 25,000 square feet.

The 140-acre Chesterbrook Corporate Center, situated off Route 202, is currently more than 80% occupied.