The local job market and Seattle’s appeal to Millennials are the two pillars that will continue to support the extraordinary demand for rental housing in one of the most active US multifamily markets.
Market Park San Jose, the $2.5 billion 120-acre mixed-use development, is rapidly taking shape to fill the retail void and will be the largest transit-oriented development in Silicon Valley when completed.
The deal reached between Related and the UBC and NYCDCC will be initially implemented on the 2.9-million-square-foot 50 Hudson Yards office tower project.
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