This Week's Dallas-Fort Worth Deal Sheet
Downtown Dallas gained its first dual-branded hotel, the AC Hotel by Marriott and the Residence Inn by Marriott. The 249-room, 193K SF hotel is in the historic Mercantile Commerce building.
The hotel is split into two sides, 128 rooms at the AC Hotel and 121 in the Residence Inn. The point is to offer customers two price points in the same building, both of which offer easy access to the…
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Richland Park Offers Multifamily Investment Opportunity In Fast-Growing Richardson
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As more people migrate to the Dallas-Fort Worth area, the multifamily market continues to boom.
In the Richardson submarket, high demand for apartments has led to a 9.6% growth in rents over the past year.
Investors can capitalize on the growth…
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What The World Series Earthquake Taught Us: Building Better Buildings 28 Years After Natural Disaster
Nearly 30 years ago, San Francisco faced one of the biggest natural disasters in its history. The Loma Prieta earthquake had struck, buildings were destroyed and vulnerabilities were revealed. Years later, the Bay Area is building better buildings based on lessons learned, but while some buildings are ready for "The Big One" others still have a long way to go.
It was 5:04 p.m. on Oct. 17, 1989. The Oakland A's and San Francisco Giants were warming up before the third game of the World Series. Two local teams had made it to the biggest baseball showdown of the year, and many baseball fans were anticipating another installment of the Battle of the Bay. Instead of watching what was likely to be a great game, something unexpected happened. The ground began to shake.
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Winning Amazon's HQ2 Will Require Prime Tech Talent
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First Offices, Then Apartments, Now Gyms? WeWork Launches New Wellness Concept
WeWork is turning up the heat on its competitors with a new wellness and fitness concept, which it is calling Rise by We, that opens to the public Tuesday.
The co-working giant is making moves to attract larger, more established companies to its community of startups and entrepreneurs; it recently signed a deal with computer giant IBM to manage a full office building in Manhattan on its behalf. Recent studies show 20% of WeWork's membership is made up of companies with 1,000 employees or more.
Adding wellness and fitness facilities to its arsenal will make WeWork more appealing to a broader range of companies, said Cushman & Wakefield Executive Managing Director Arthur Draznin, who represents office landlords and tenants in lease negotiations.
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Las Vegas Shooting Means Rethinking High-Rises Near Public Venues
Stadium and public venue owners and operators have a new nightmare to worry about in the wake of the deadliest mass shooting in modern U.S. history.
High-density mixed-use projects with hotel and multifamily towers overlooking concert venues or stadiums are springing up all over the country. They sate consumers' desire for walkable and experiential environments and command premium rents.
Oct. 1 in Las Vegas crystallized deadly possibilities in these developments. Although the attack was a wake-up call for the industry, experts believe these types of projects will not fall out of favor.
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