Sarah Thompson, MBA on LinkedIn: Big Nampa project would add hundreds of apartments, townhomes, commercial… (2024)

Redwood Place apartment building to be developed in Maryland

The residential development boom in a Brooklyn neighborhood is winding down with the opening of One Domino Square, a 39-story condominium tower near the Williamsburg Bridge. This marks one of the final pieces in the transformation of Williamsburg's waterfront, an area that underwent significant changes following a 2005 rezoning. One Domino Square is part of an 11-acre complex developed around the historic Domino Sugar refinery, now an office space.The tower's debut signifies a significant moment for Williamsburg, an area that has not seen new waterfront condos for 15 years. This comes after a development surge post-2005, leading to nearly 70% of the neighborhood's condo units being constructed after this year. The population in Williamsburg has also grown wealthier, influenced initially by artists moving in during the 1990s.One Domino Square offers luxurious condos and an adjacent rental building, emphasizing exclusivity and high-end living, with prices reflecting the upscale positioning—units range from $1.25 million to over $3 million. Despite the distance from public transit, the development offers unique amenities and design elements, like tilt-and-turn windows and finished closets, aiming to provide superior residential experiences.The architectural design by Selldorf Architects adds a distinctive touch to the skyline, with the rental tower becoming Brooklyn's tallest outside the downtown area. Both towers offer panoramic views and access to Domino Park's amenities. The condos are expected to attract a diverse group of buyers, from locals to international investors, underscoring Williamsburg's global appeal as a residential destination. #BrooklynDevelopment #OneDominoSquare #WilliamsburgWaterfront #LuxuryCondos #BrooklynRealEstate #UrbanTransformation #NewYorkLiving #ArchitecturalDesign #SelldorfArchitects #DominoPark

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The real estate market in Miami experienced a rise in demand for single-family homes due to low mortgage rates, a strategic location, and domestic and international interest. Nonetheless, it's crucial to recognize that some reports indicate a probable shortage of supply, which could lead to an increase in prices and rents. Some projections for the future suggest that this situation could result in a housing bubble based on the economic factors and data currently available until 2023.Is Miami a real estate hub? Will the housing market in Miami experience an oversupply of homes or a significant economic downturn? Alternatively, could demand for homes continue to surpass supply, causing a housing shortage and causing prices to increase even more?

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🏙️ Inside Milieu Property Innovative Approach to Apartment Development: Insights from @Michael McCormack 🌟In a bustling market, staying ahead requires innovation and adaptability. We caught up with Michael McCormack, co-founder of Milieu Property, to explore their evolution within Melbourne's apartment development landscape.Milieu has been a trailblazer, particularly in Melbourne's inner-northern suburbs, but their recent venture into the south-east marks a significant expansion. Their latest project, Plant Street in Malvern, promises distinctive design and only 21 exclusive apartments, showcasing their commitment to quality over quantity.From their humble beginnings crafting five owner-occupied townhouses in Fitzroy to their current expansive projects, Milieu's ethos remains unchanged: to create residences that enrich their surroundings. McCormack's insight into their design-led approach and dedication to enhancing local contexts offers a refreshing perspective on urban development. #RealEstate #PropertyDevelopment #Milieu #Innovation #DesignFocused📣 Was this update of interest to you?🔥Join 15,000+ of your residential property development colleagues who follow Urban on LinkedIn.We regularly post free insights about:💡 New project launches and updates💡 What buyers are searching for on AU’s largest off the plan buyer platform💡 Weekly interviews with industry leadersFollow Urban.com.au or connect with our CEO Mike Bird to keep your finger on the pulse of the apartment and townhouse market.

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We share content on mega development projects across the world to create economic impact and to improve working , playing, and living standards of people and communities.Please help us build development awareness everywhere And follow our page through this link to get updates : https://lnkd.in/eh6MWaDjAlso, please+ Follow this post … † Comment+ Like#architecturalillustration,#builtenvironment #Development,#architectureanddesign , #infrastructue, #bridges, #builtenvironment, #worldofdevelopmentinitiative #projects #worldofdevelopment,

Prosper Communities leads $1.4M renovation of Ravine Apartments in Silverton-Prosper Communities held a ribbon-cutting ceremony Friday, Nov. 3, for the Ravine Apartments, a 24-unit apartment community located at 6917-6919 Montgomery Road.The Ravine was formerly a motel built in 1961, according to Prosper’s principal, DJ Hume. In its lifetime, the building was renovated from a motel to apartments. Prosper went a step further with a complete gut-remodel once it acquired the property in March 2022."The main goal of this project was to bring the life back to this building, but also into the community," Hume said in a statement.There are two two-bedroom, two-bath units. There are four micro-studios that include Murphy beds, and the rest of the apartments are one-bedroom units. The units are an average of 600 square feet with rent averaging $900 a month.Another idea behind the project, according to Hume, was to create a small, Class A apartment community without the massive rents that some larger developments in the region see. With the lower rent, Prosper wanted to target recent graduates from schools like Xavier University or University of Cincinnati, or other young professionals who may not be able to afford a more luxury product.https://lnkd.in/gBy6B_4A#cincinnati #apartments #cre #commercialrealestate #housing #rent #classa #multifamily #community #silverton #ohio #renovation #ribboncutting #prospercommunities #redevelopment

🏢 Condo, co-op, or loft? Understanding your urban housing options is crucial. Explore the pros and cons in this comprehensive guide. Make informed property decisions effortlessly. 🏙️🤝 #urbanrealestate #propertyinsights

“…seeking approval to add 65 apartments to the existing 16-story tower, which replaced a surface parking lot not far east of San Vicente Boulevard and Beverly Hills city limits. The tower, branded as Central Beverly Hills, currently features 112 residential units, and would contain 177 apartments at completion. Rents for the building start at more than $3,500 per month……Per project findings, the new density would be achieved by reconfiguring larger units with multiple bedrooms into smaller units, resulting in a total of 16 studios, 78 one-bedroom units, 67 two-bedroom units, and 16 three-bedroom units at completion. Existing parking for 252 vehicles and more than 5,100 square feet of ground-floor retail space would be retained”#realestate #realestatedevelopment #mixedusedevelopment #adaptivereuse #multifamily https://lnkd.in/g6XJkBFU

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Big apartment development on the drawing board in the PV Peninsula.

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1st phase of new 432-unit East Village apartment community slated to open Feb. 1After about three years of construction, a new 432-unit apartment community is coming to Long Beach’s East Village.Split into two phases, the first phase—a 24-story, 190-unit high-rise of one-, two- and three-bedroom units—is slated to open Feb. 1, while a mid-rise building comprising studios, one- and two-bedroom units is scheduled to open in May or June, said Onni Group property manager Joey Bommarito.The development, formerly known as Broadway Block, was initially proposed to the city by a developer partnership between Ratkovich Properties, Urbana and The Owl Company, although it has since been taken over by the Onni Group.Apart from its housing units, Onni East Village also consists of 12 commercial spots which have yet to be filled, although Bommarito hopes for a grocery store such as Whole Foods or Trader Joe’s and a coffee shop.While housing specifically forCal State Long Beach studentswas part of the initial plans for the site, this element is no longer included, Bommarito said.However, there are expected to be 32 units that will be fully furnished and meant for short-term stays of at least 30 days.Overall, 14 units will be affordable, with seven affordable units in each of the two buildings.Market-rate prices will begin at $2,858, and can go up to $15,046 for a penthouse, Bommarito said.All units include air conditioning, a large washer/dryer, 24-hour guest services and high-speed wireless internet, among other features. #housing #developer #students #property #building #community #construction #development https://lnkd.in/gkx6fyY3