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Penn Station redevelopment takes another step forward following financing approval

Archinect

A key state oversight body approved the financing plan to redevelop Penn Station and its surrounding neighborhood Wednesday, greenlighting one of Gov. Kathy Hochul’s loftiest projects, which is estimated to cost a total of $22 billion.

Finances 243
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Boston turns to developer fees to fund flood protection infrastructure

BD+C

To address this threat, city officials have instituted developer fees as a condition to build in the area to help finance a seawall and other protective infrastructure. Cost estimates to protect the 191-acre area are as high as $124 million.

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Saudi Arabia lowers predicted number of residents at The Line by 2030

Deezen

The Line mega-city, which is the flagship development for Saudi Arabia's Neom project, will allegedly house fewer than 300,000 people by 2030, down from an original goal of 1.5 When the project was introduced, estimates for how many people would live in the mega city in northwestern Saudi Arabia by 2030 ranged from one million people to 1.5

Finances 145
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Harnessing Solar Incentives For Sustainable Residential Projects 

The Architecture Designs

Harnessing solar incentives for sustainable residential projects can be a savvy strategy for homeowners, developers, and communities alike. Research Available Incentives source: procore.com Understanding available incentives is crucial as it helps homeowners and developers identify potential financial support for their solar projects.

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MSG seeks to create "K-pop Sphere" for Hanam

Deezen

Korea JoongAng Daily added it would normally take 42 months to "conduct a feasibility study to review the potential lifting of development restrictions and to go through other administrative procedures", but the South Korean government has vowed to fast-track the process. This would reduce it to 21 months. trillion won (£1.5

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What's next for affordable housing in 2024?

BD+C

The urban core is a big focus of development, though there is also clear interest in surrounding neighborhoods. Photo © Ryan Kurtz, courtesy GBBN Architects For designers and developers, this means recognizing opportunities in affordable housing to center people’s needs holistically while responding to the local history, culture, and climate.

Housing 105
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Reinvestment without displacement: North Avenue Market

Community Architect Daily

But not all has been going smoothly in Station North which makes an investment model developed by the Central Baltimore Partnership (CBP) especially interesting. In 2008, a $1 million initiative to restore the building as an “arts-focused mix of shops, eateries, and offices” was launched. as partners. as partners.