New Concept Combines Co-Living And Coworking, Creates Model For Corporate Living
Rising housing costs, traffic gridlock and a housing shortage are leading developers to create new housing innovations and mixed-use buildings where people can live and work in one location.
The Realtex Group, which has developed six middle-market multifamily properties in Berkeley and San Francisco's South of Market, has proposed a new kind of mixed-use project at 475 Bryant.
The developer anticipates the building to be the first large-scale self-sufficient mixed-use…
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Expect More Protests, Rallies As Tenant Groups Push To Repeal Restrictions On Rent Control
With the California November election about five months away, several tenant rights groups and apartment associations representing owners and landlords are gearing up for a big fight over the state's Costa-Hawkins Rental Housing Act, which limits rent control.
On one side, tenant unions want to repeal the law. They are concerned with low- and middle-income earners, elderly and disabled tenants being forced out of their neighborhoods due to lack of housing supply, unaffordability and high rent.
Property owners on…
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WeWork Heads To The Suburbs Of Marin County
WeWork's newest Bay Area location brings the coworking company into the suburbs, marking a shift in the company's strategy of focusing on dense urban sites. The company has leased 35K SF at 1 Belvedere Drive in Mill Valley.
“This Mill Valley location will…
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Off-Market Multifamily Sellers Are Leaving A Ton Of Money On The Table
CHICAGO — Marketing a property can increase the sale price by up to 23%, which runs counter to the idea that off-market deals can achieve higher values because a buyer will be more aggressive to seal a trade.
“The perception is when a seller has one buyer vying for an asset, that buyer is more aggressive and willing to pay a premium because they don't want the seller to get into a bidding war for the property. Our research found the opposite,” KIG CRE Managing Partner Todd Stofflet said.
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Farming, Classrooms, Eye Scanners And Smart Toilets: Westfield Unveils Its Vision Of Retail's Future
Westfield has unveiled a vision for the shopping center of the future, with a series of images giving shoppers an idea of what they can look forward to in 2028.
Westfield's Destination 2028 concept has been created based on insights from a panel of experts, including a futurologist, fashion technology innovator, retail specialist and experimental physiologists.
Westfield described the shopping center of 2028 "as a hyper-connected micro-city, driven by social interaction and creating its own community." It said new technologies will be fused with back-to-basics including gardens and "classroom retail," where people watch and learn from their favorite retailers.
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Lack Of AI Investment To Leave Smart Cities Exposed To Cyberattacks
Cities are getting smarter and more connected with the help of technology, but that also means they are becoming increasingly vulnerable to cyberattacks, according to ISACA's 2018 Smart Cities Survey.
To stave off future attacks, ISACA reports municipalities and the federal government need to begin investing in preventive controls like artificial intelligence to limit cybercrime and minimize risks for residents.
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