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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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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.

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How to Choose the Right Business Property in 2023

Architecture Ideas

However, getting the right business property is not as simple as it seems, especially when you are new in the real estate game. Buying a business property is not your typical real estate game — it is a high-stakes chess match. Investing wisely in developing areas also tends to yield higher returns.

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Is There a Way Out of Hawaii’s Housing Crisis?

Dwell

The cost of real estate has steadily increased since then, fueled by tropical allure and increased accessibility, with only brief and mild downturns. Myriad state and county land-use restrictions complicate projects, and since Hawaii uses a general excise tax instead of a sales tax, transactions at every stage of development add costs.

Housing 132
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It Won't Be Over Soon: How Will COVID Change the World?

Community Architect

In a second part I will try to outline scenarios for what developers, employers, urban planners, transit agencies and others could do to prepare. Experts estimate the the current infection level in the US to be about ten times the nearly 4 million confirmed cases , i.e. about 10-15%.

IT 52
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Entrepreneur Architect Academy 007.2 | How To Become The Richest Architect You Know (Part 2 of 3)

EntreArchitect

I’m going to share with you how to develop the simplest, most bare-boned version of a Profit Plan that is helpful to any small or emerging firm. There are three steps you need to do when creating a profit plan: Step 1: Estimate your expenses. I use ArchiOffice to help manage project finances. Why a profit plan?