article thumbnail

Full funding secured for US tallest skyscraper says developer

Deezen

Funding has been secured and construction may begin in September on the Legends Tower in Oklahoma City, which is planned to be the tallest in USA , says developer Scot Matteson. Construction may begin in early autumn Matteson said that preparations on the site could begin as early as June. "We The imagery is courtesy of AO.

article thumbnail

New York developer receives $92 million loan to complete project believed to be the largest speculative office building in Brooklyn's Midwood neighborhood

Archinect

A New York developer has scored a $92 million loan to finish a project which is billed as the largest speculative office building in Brooklyn’s Midwood neighborhood. The loan from private lender Parkview Financial came mid-construction.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

AXIS/GFA's record-breaking Weingart Center supportive housing development tops out in Skid Row

Archinect

A record-breaking supportive housing development in the overburdened Los Angeles market is one step closer to completion this week after AXIS/GFA Architecture + Design ’s new 19-story Weingart Center Tower 1 project topped out near Skid Row. Therefore the project stands as a new high.

article thumbnail

New York announces funding and construction timeline for new Terminal 6 expansion at JFK

Archinect

billion New Terminal One project, New York Governor Kathy Hochul has announced the financing and approval of a new $4.2 The terminal will be developed in two phases beginning next year, with the first stage expected to open in 2026. A few months after ground was broken on the $9.5 It will have space for 10 gates in its 1.2-million-square-foot

article thumbnail

Real estate developers are stupid

Brandon Donnelly

Big Ben Myers of Bullpen Consulting doesn’t usually have strong opinions on Twitter (obviously joking), but I did see him respond to this tweet this morning: During significant downturns, developers can’t sell the units, and can’t get financing to build rentals. It has nothing to do with their intelligence.

article thumbnail

New $4.2 billion JFK Terminal 6 expansion officially breaks ground

Archinect

This news follows the announcement of the terminal’s financing and approval in November 2022. The new terminal will be developed in two phases, with the first new gates opening in 2026 and construction set to complete in 2028. The 50-year-old Terminal 7 facility will be demolished.

Finances 311
article thumbnail

New York City Football Club selects HOK to design $780 million new soccer stadium in Queens

Archinect

The ten-year-old MLS franchise has been playing its home matches at Yankee Stadium since 2015 and will soon move into its new privately-financed 25,000-seat home that forms the centerpiece of a development that will include 2,500 units of affordable housing, a hotel, and a 650-seat public school. Conceptual rendering for Willets Point.

Cities 246