Development
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Turner kicks off $780M dedicated soccer stadium, NYC’s first
Etihad Park, in Willets Point, Queens, will be the first fully electric stadium in the U.S., according to Turner, and will include photovoltaic panels on its roof as well as a water reuse system to irrigate the field.
By Joe Bousquin • Jan. 16, 2025 -
7 mixed-use projects to watch in 2025
Large-scale developments, spanning commercial, multifamily and retail units and worth billions, are underway across the country as the new year begins.
By Mary Salmonsen • Jan. 15, 2025 -
Adaptive reuse breathes new life into abandoned schools
Repurposed school buildings are home to a variety of groups, including artisans, local governments and restaurants. But funding and getting public buy-in for these projects isn’t always easy.
By Amanda Loudin • Jan. 15, 2025 -
Deep Dive
6 facilities management trends set to define 2025
Facilities managers are leveraging data to optimize operations and meet changing occupier needs while anticipating federal policy shifts and growing data center demand.
By Joe Burns , Nish Amarnath • Jan. 14, 2025 -
Biden orders Energy, Defense departments to lease sites for AI data centers, clean energy generation
The executive order calls for using “categorical exclusions” to rapidly site data centers and power generation.
By Robert Walton • Jan. 14, 2025 -
Existing data centers hold value potential, despite obsolescence concerns: JLL
Power supply and infrastructure give existing data centers certain advantages over new construction, the firm states in its 2025 data center outlook.
By Joe Burns • Jan. 13, 2025 -
Microgrids can boost electricity reliability, decarbonization, Colorado road map says
Prompted by recent wildfire-related power outages, the report suggests steps for boosting microgrid adoption in the state.
By Brian Martucci • Jan. 8, 2025 -
2025 commercial real estate outlooks show both optimism and caution
While leasing velocity and tenant prospects are expected to improve in 2025, lagging office attendance is expected to impact landlords, according to outlooks by Avison Young and Colliers.
By Joe Burns • Jan. 7, 2025 -
Sodexo plans nearly 100 tech-forward campus convenience stores
Its “Food Hive” locations incorporate cashless payment systems and modular designs, offering flexible retail solutions with products from local businesses, Sodexo said.
By Jessica Loder • Jan. 6, 2025 -
Climate resilience top of mind for Denver as it plans to revamp landscaping rules
Facing prolonged drought and heat, Denver plans rules that may require native grasses, shrubs and trees in new development and some redevelopment projects.
By Ysabelle Kempe • Dec. 17, 2024 -
Prime, subprime space divide set to widen in 2025: CBRE
The vacancy rate in prime buildings is expected to reach pre-pandemic levels by 2027, while cost-conscious tenants will drive demand for available Class B and C space, according to the firm’s 2025 outlook.
By Joe Burns • Dec. 16, 2024 -
Life science firms reevaluate portfolios amid new operational strategies
JLL expects increased outsourcing of life sciences operations, with technological advancements being used to facilitate new research and development and laboratory design.
By Joe Burns • Dec. 12, 2024 -
Central business districts show “employee experience” opportunities
Despite challenges, including higher-than-average vacancy rates, central business districts still hold strong fundamentals related to labor, transportation and employee experience, experts say.
By Joe Burns • Dec. 5, 2024 -
Meta seeks up to 4 GW of new nuclear power to help meet AI, sustainability objectives
The Facebook and Instagram parent aims to deploy new nuclear generation capacity to power its data centers beginning in the early 2030s, it said Tuesday.
By Brian Martucci • Dec. 5, 2024 -
Amazon Web Services upgrades data center components, designs
Simplified electrical and mechanical systems and modular components will maximize performance and efficiency for both traditional and next-generation facilities, AWS says.
By Joe Burns • Dec. 3, 2024 -
US office conversion projects could be up 63% this year: CBRE
The office conversion pipeline is expected to grow further in 2025, with cities rolling out more incentives as distressed assets enter the market at steeper discounts, a report says.
By Nish Amarnath • Nov. 25, 2024 -
Building owners must implement retrofit, reuse strategies quickly to tackle obsolescence risks: JLL
With about $1.2 trillion needed globally to retrofit older office assets, building owners must address building age, design, regulatory pressure and locational factors to mitigate these risks, a report says.
By Nish Amarnath • Nov. 22, 2024 -
Federal courthouse design changes could raise operations, maintenance costs: GAO report
The 2021 design updates could significantly raise the rent the judiciary and other tenant agencies must pay, the Government Accountability Office says.
By Nish Amarnath • Nov. 19, 2024 -
Uptick in US life sciences activity isn’t enough to combat oversupply: CBRE
Over 70% of the construction pipeline remains unleased, with project costs and vacancy rates continuing to increase, experts say.
By Joe Burns • Nov. 14, 2024 -
U.S. office recovery continued in Q3, led by renewals: CBRE
Renewals accounted for over 40% of all leasing activity for six straight quarters, with the overall vacancy rate holding steady at 19%, according to the firm’s Q3 market report.
By Joe Burns • Updated Nov. 13, 2024 -
Denver to invest $570M in downtown revitalization after voters pass bond measure
The city plans to support projects focused on upgrading public spaces and attracting businesses.
By Ysabelle Kempe • Nov. 11, 2024 -
Turner secures $2B deal for Vantage Data Centers campus expansion in Ohio
The expansion program will add over 1.5 million square feet of infrastructure designed to support cloud technologies and artificial intelligence, offering 192 megawatts of power capacity.
By Sebastian Obando • Nov. 8, 2024 -
Higher ed campuses update health, wellness, accessibility amenities
Many colleges and universities are investing in facilities that promote overall well-being, including new fitness centers, mental health spaces and student support areas.
By Joe Burns • Nov. 5, 2024 -
Capital One arena owner partners with DC for $800M upgrade
Renovation efforts will include wider concourses, more elevators, a 65% expansion in concession space and a 30% increase in restrooms, Monumental Sports & Entertainment says.
By Zachary Phillips • Oct. 30, 2024 -
7-Eleven to open over 600 stores under new design by 2027
The convenience retailer’s newest format, New Standard stores, will feature amenities such as in-store seating and electric vehicle charging stations, CEO Joseph DePinto said Thursday.
By Brett Dworski • Oct. 29, 2024