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December 2, 2020

Third & Urban's Next Project: Converting An Old Paper Mill, Building New Apartments

A prolific adaptive reuse development firm in Atlanta has its sights set on a historic paper mill for its latest project.

But after transforming a number of old warehouses and other buildings into creative loft offices, breweries and retail throughout the Southeast, including Armour Yards, Third & Urban plans to shift its focus to building ground-up apartment buildings next to its commercial projects.

Third & Urban's Next Westside Project: Converting An Old Paper Mill, Building New Apartments

“The opportunities right now are the adaptive reuse facilities with excess land,” Third & Urban Managing Partner Pierce Lancaster said in an interview. “We have a core competency in placemaking. For years we have watched residential development sprout up around Jamestown's…

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Gulch Developers File Permits To Prepare Site For Massive Mixed-Use Project

Gulch Developers File Permits To Prepare Site For Massive Mixed-Use Project

CIM Group is signaling its first baby steps toward its grand vision of transforming the Gulch in Downtown Atlanta into the sprawling mini-city called Centennial Yards.The Los Angeles-based developer filed permits with the city of Atlanta to begin groundwork on Centennial Yards in preparation for the future construction of the more…

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Amid FTC Probe, CoStar Now Faces The Dreaded Word 'Monopoly'

With the Federal Trade Commission stepping in to block CoStar Group's $588M acquisition of RentPath, the Bethesda, Maryland-based real estate data giant is under scrutiny over whether its dominance makes it something it has long denied being: a monopoly.

The FTC said on Monday it has filed an administrative complaint against CoStar and authorized a lawsuit against the company, alleging that the acquisition of RentPath would concentrate too much of a specialty niche in CoStar's hands by consolidating internet listings for vacancies in large apartment complexes in one place. The FTC had signaled its interest last spring when it quickly asked CoStar for more information after the deal was announced in February.

This isn’t the first time the federal agency in charge of regulating fair competition has taken action against CoStar.

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Fewer Shoppers Showed Up And They Spent Less Than Expected For Cyber Monday, Black Friday

 

With the holiday shopping season starting in October, shoppers during Black Friday and Cyber Monday spent less and bought fewer items online than analysts had expected, data released Tuesday shows.

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