Austin Proposes Eliminating Parking Requirements Downtown
Austin's proposed land use code entirely eliminates parking requirements for Downtown and steeply decreases parking spaces for retail and residential uses across the city.
Planning Commission members took almost two hours Tuesday night to wrap their heads around the new CodeNEXT requirements for parking, with members split almost evenly between development advocates who favored fewer spaces and more cautious neighborhood representatives who focused on…
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Making The Numbers Work In San Antonio's Urban Core
Downtown development in San Antonio would be almost impossible without the current cocktail of local incentives and federal loans, developers agreed at Bisnow's State of the San Antonio Market in September.
That is because the income expectations are different from other…
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3 Questions Every Commercial Real Estate Investor Should Be Asking
For office investors, 2017 has been an uncertain time. Between the rising prominence of Southern markets, the disruption of co-working and an increasingly hard-to-define business cycle, there are no longer any easy answers. We put three questions to some of commercial real estate's sharpest minds to get a better sense of the market.
We asked Granite Properties CEO Michael Dardick, Cawley Partners CEO Bill Cawley, Quadrant Investment Properties founder Chad Cook and PegasusAblon principal Mike Ablon three questions:
Co-working: Threat, partner or whole different ballgame?
You have $1B and can invest anywhere in the Sun…
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Texas Craft Breweries Multiply By 990%
The number of craft breweries in Texas grew 990% in the past 12 years, up from 20 in 2005 to 218 in 2017, according to new research from CBRE. The rapid growth can be seen in the amount of commercial…
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Main Street Hub Ditches Downtown For East Austin
Internet marketer Main Street Hub has ditched two Downtown Austin office buildings to consolidate its three operations in East Austin.
The move and consolidation, first reported in 512Tech, follows reports in January that the company had refinanced its debt and…
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Building Boom Under Kim Jong Un: 5 New North Korean Developments
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Contentious Air Rights Battles Are Leaving Commercial Projects Up In The Air
Two visions for a greener future, one head-to-head battle and an outstanding set of rights so convoluted that trying to figure them out can leave you feeling winded.
This is the ongoing story in Toronto, where Craft Development Corp. has been engaged in a conflict with the city for more than a year regarding the ownership of the air above a proposed mixed-use development situated in the same place the city wants to build a park.
This is not the first nor the last case in which air rights have caused substantial grief during the development process. From Chicago in the 1950s to present-day Washington, D.C., the legal tiffs between local governments and private developers regarding air rights have been wide-ranging and plentiful.
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