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But joining the fraternity of cities with supertalls can also be a dubious distinction: Real estate is a lagging indicator, and skyscrapers often arrive after the boom is over, looming half-empty as monuments to a bust. Others, however, are convinced that Austin’s high-rise stampede is just getting started.
Given the city’s emerging significance as a next-gen manufacturing hub this building boom could defy the skyscraper effect.
— Bloomberg
With a slate of high-rises and supertalls, including KPF’s Waterline design and the record-setting Wilson Tower from HKS in the works, Bloomberg asks if the pace of development can be sustained amidst tech’s downturn and the annals of urban economic history. The salvation apparently lies... View full entry
New York City Mayor Eric Adams unveiled his administration’s three-pronged plan to “Get Stuff Built” this month as a possible answer to skeptics who had previously doubted his ability to tackle what is becoming its largest existential challenge. True to its moniker, the plan calls for... View full entry
Snøhetta has shared designs for its largest structure in Japan to date with the Shibuya Upper West Project. Made for Tokyu Corporation, L Catterton Real Estate, and Tokyu Department Store, the roughly 1.26 million-square-foot mixed-use development will add a cultural complex, retail, a... View full entry
New photos have been released of Álvaro Siza’s completed 611 West 56th Street, the Pritzker Prize-winning architect’s first designed building in the United States. The 35-story luxury condo tower in Manhattan’s Hell’s Kitchen neighborhood stands 450 feet tall and consists of... View full entry
Broadway Junction, the busy yet infamously underutilized area surrounding the Broadway Junction Subway station, may need to brace for a big change. The area, which sits between several neighborhoods including East New York, Bed-Stuy and Brownsville, has become the center of a private developer’s new vision for East Brooklyn. — BK Reader
At a virtual town hall held on March 22, Totem Group, a Brooklyn-based real estate development firm, shared preliminary plans to build a large mixed-use building next to the busy station complex. Totem’s proposal calls for the construction of four high-rise towers, with two including housing... View full entry
Nabr has offered the first clues of what their homes of the future may look like. The “people-first housing company” was co-founded by Bjarke Ingels with the ambition of “putting more people on a path to owning a high-quality, environmentally friendly home in the city.” Nabr’s first... View full entry
As the first part of a projected $6 billion residential and commercial development, the construction start was a kickoff for Lincoln Yards itself, in the planning stages for more than five years.
Investors and city planners see it as a revival of riverfront land that will connect prosperous areas of the Near North Side, Bucktown and Lincoln Park.
— Chicago Sun-Times
Located on Chicago's North Side, the multibillion-dollar mixed-use Lincoln Yards master plan was designed by Skidmore, Owings & Merrill, CBT Architects, and landscape architects James Corner Field Operations. The first building of the scheme breaking ground at 1229 West Concord is the... View full entry
Worries about the giant developer’s ability to repay its debt and a total of $300 billion in liabilities have put global investors on edge. Beyond the company itself, there are worries about a potential spillover into the rest of China’s real estate industry or economy. — CNBC
Evegrande missed another round of payments last Monday, setting it back again ahead of Wednesday’s scheduled $47.5 million interest payment. Investors are blindly looking for a government bailout, but financial experts remain uncertain as to its prospects. The company says it plans to go forward... View full entry
An updated timeline for the controversial 8850 Sunset Boulevard development has been provided along with new draft environmental study detailing changes to the West Hollywood site. According to its developers, construction of the Morphosis-designed building is now set to begin in 2022 with a... View full entry
LA's Hollywood neighborhood is undergoing a massive transformation with new developments popping up everywhere. MAD Architects just introduced another $500 million design proposal to the mix which is guaranteed to stand out from the sea of often unbearably bland new buildings. Located at... View full entry
The Durst Organization, the New York company selected last year to redevelop Penn’s Landing, is nearing final land-use approvals for a nearby 26-story apartment building that would be its first Philadelphia project. [...]
Durst’s project would rise at a longtime parking lot beside the waterfront north of the Benjamin Franklin Bridge.
— The Philadelphia Inquirer
Designed by NYC-based Handel Architects, the proposed residential high-rise near the Delaware River waterfront will offer 360 residential units, a 116-space parking garage, and 10,000 square feet designated for shops and restaurants, reports The Philadelphia Inquirer. View full entry
SOM's design for Jiuzhou Bay—a new mixed-use neighborhood located along the Pearl River Delta in Zhuhai, Guangdong Province—will transform the waterfront of the Greater Bay Area’s burgeoning tech hub and create a blueprint for future development in China. The low-carbon community... View full entry
A proposal to build a large high-rise complex near Hollywood and Vine continues to move forward, according to a draft environmental impact report published by the City of Los Angeles.
The Hollywood Center development, which would replace parking lots adjacent to the Pantages Theatre and Capitol Records Building, is being developed by MP Los Angeles - an affiliate of Millennium Partners.
— Urbanize LA
Handel Architects and James Corner Field Operations are the collaborating architects on the $1-billion mixed-use Hollywood Center Project.Previously: Hollywood Center towers proposed near Capitol Records BuildingHollywood Center development near Capitol Records Building enters next phase View full entry
The latest International Construction Cost Index has just been released, and the top spots don't really come as a big surprise: London, New York, Hong Kong, Geneva, and San Francisco are the planet's most expensive cities for construction. Compiled by design and consultancy organization Arcadis... View full entry
There’s no question Austin is a boomtown.
A record-breaking 8.1 million square feet of office buildings is under construction in the capital city, according to CoStar Group Inc., as developers and investors try to capitalize on rising prices and continued demand for space. Austin ranks No. 2 in the country for office construction, behind Nashville — although the Texas capital has the momentum to overtake the Tennessee capital in the coming months.
— Austin Business Journal
The list of new Downtown Austin towers — under construction or proposed — contains the Pelli Clarke Pelli Architects-designed Block 185 for Google, the 36-story Indeed Tower, the Quincy by Ziegler Cooper Architects, the 66-story 6 x Guadelupe as well as a new University of Texas... View full entry
