On the 27-hectare (67 ac) site of the former Poznanski textile mills in the center of Poland’s second-largest city, French developer Group Apsys has refurbished and adapted 14 historically protected buildings as a two-story lifestyle destination center organized around a traditional Polish market square. A mix of international shops—including two hypermarkets—and more than 50 restaurants, cafés, and bars occupy the 150,000-square-meter (1.6 million sf) project, which opened in May 2006 and will be completed in 2008 with the addition of a four-star hotel, a conference and business center, and three museums.
Avalon is a mixed-use town center that, in its first phase, includes retail, restaurant, multifamily rental housing, single-family for-sale housing, and office uses surrounding a main street and a central plaza. A second phase will add a hotel and conference center as well as additional retail, multifamily rental housing, and office space. The 2.3 million-square-foot project is located in an affluent northern suburb of Atlanta on an 86-acre site. A previous developer had planned a similar concept for the site in the mid-2000s era but was unable to execute the development.
University Park at MIT is a 27-acre, mixed-use research and development (R&D) park, adjacent to the campus, that is integral to the long-range strategy of Massachusetts Institute of Technology (MIT) to foster technology transfer among the university’s students, graduates, faculty members, and the private sector. When completed, University Park at MIT will comprise a total of 2.3 million square feet and include at least 1.3 million square feet of office/R&D space, a 210-room hotel and executive conference center, up to 150,000 square feet of retail space and restaurants, 650 rental housing units, four structured parking facilities for 2,800 cars, and seven acres of parkland.
The renovation and expansion of a historic and architecturally significant 500-room resort hotel. The $32.6 million repositioning initiative combined new construction and value-added rehabilitation, including refurbishment of the hotel’s guestrooms, lobby, and kitchen, as well as the construction of a new pool complex, a banquet facility, and 78 resort condominium villas.
Kuala Lumpur City Centre (KLCC) is a master-planned, mixed-use development encompassing 40.5 hectares (100 acres) of prime land in the middle of Malaysia’s capital city. It is the largest public/private real estate development venture in Malaysia. The project’s major landmark, the PETRONAS Twin Towers, undoubtedly will remain the development’s primary anchor. The towers were officially declared the tallest buildings in the world in 1998. The KLCC project is being constructed in phases over many years. The master plan shows a total of 22 separately titled development parcels surrounding a 20-hectare (50-acre) park. Seven parcels either have been developed or are under construction in 2004. The success of KLCC was seen from the outset to be of national interest. The owner and developer KLCC — Holdings Berhad, an unlisted public company whose largest shareholder is Petroliam Nasional Berhad (PETRONAS), the Malaysian national petroleum company — is responsible for the development and coordination of new projects undertaken directly or in joint venture with other firms.
Sonoma Villero is a 240-unit residential development of townhomes and flats just outside Bothell, Washington, near the University of Washington’s Bothell campus and Microsoft’s Redmond offices. Designed as condominiums, the units were rented at first to avoid competition from a similar development nearby. Targeted to first-time homebuyers and active adults, the rental-to-condominium option was a strategic response to surrounding market forces. Transfer from rental to condominium community Overcame NIMBYism from adjacent neighborhood Sloped site allows for creative design and “European village” ù ambience
The ¥270 billion (US$2.47 billion) Roppongi Hills project, also known as the Roppongi 6-chome Redevelopment project, is the largest private sector redevelopment ever completed in Japan. Covering approximately 11.6 hectares (28.7 acres) of prime real estate in the Minato Ward, Roppongi Hills integrates office, residential, and retail uses, a hotel, a TV broadcasting studio, and cultural functions, such as a museum, with parks and plazas that constitute the majority of open space. Jointly developed by Mori Building Company and the Roppongi 6-chome Redevelopment Association, this urban regeneration scheme aims to create a true cultural center.
A 1,500-acre oceanfront destination resort that includes three world- class resort properties-the Ritz-Carlton Kapalua, Kapalua Bay Hotel and Villas- as well as seven residential communities, three championship golf courses, two ten nis centers, three white sand beaches, and specialty shopping. The community was started in 1975 and currently is about 50 percent complete.
An environmentally sensitive 156-acre research and business park located just south of Ann Arbor, Michigan.
An 814,000-square-foot mixed-use development in suburban Tulsa. The business center represents the conversion of a former upscale retail mall, completed in 1984, to office use.