redevelopment

Atlanta’s 14-story Presidential Hotel opened in 1973, closed after just 14 years and later sat vacant for more than a decade; a $53.3 million redevelopment can now turn the landmark into 282 apartments

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Atlanta’s 14-story Presidential Hotel opened in 1973, closed after just 14 years and later sat vacant for more than a decade; a $53.3 million redevelopment can now turn the landmark into 282 apartments

A 14-story building that once used to be the Presidential Hotel before falling into disrepair is all set to have a change of fate once again. For years, the cylindrical tower was seen as an eyesore by the travellers in one of the region’s busiest interstate intersections. Project estimates show that more than 426,700 vehicles … Read more

An Iowa developer bought the 58-acre Valley West Mall for $11 million; a nearly 50-year-old JCPenney lease now stands in the way of redevelopment as the city considers up to $110 million in incentives

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An Iowa developer bought the 58-acre Valley West Mall for $11 million; a nearly 50-year-old JCPenney lease now stands in the way of redevelopment as the city considers up to $110 million in incentives

An Iowa developer has bought the 58-acre Valley West Mall site for $11 million (£8.2 million). The company is now starting a major redevelopment project, but it must first deal with complex lease agreements and get support from the city. Brian Martin, president and chief executive officer of Threshold Capital and Threshold Development, completed the … Read more

A Missouri man bought the 1914 mansion his late wife had always loved to save it from redevelopment; restoration later revealed $150,000 worth of hidden damage

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A Missouri man bought the 1914 mansion his late wife had always loved to save it from redevelopment; restoration later revealed $150,000 worth of hidden damage

Photo: comobusinesstimes.com When Fred Parry’s late wife, Mary, first saw the stately 1914 mansion on West Broadway in Columbia, Missouri, she fell in love. Years later, after her death, Parry found himself facing a choice: let the historic home be redeveloped or step in to save it. He chose the latter, buying the property with … Read more