Civic

Public-Private Partnership Plans $4.2B Terminal Redevelopment at JFK Airport

by Taylor Williams November 28, 2022

NEW YORK CITY — A public-private partnership between The Port Authority of New York & New Jersey and JFK Millennium Partners (JMP) has released plans for a $4.2 billion redevelopment of Terminal 6 at John F. Kennedy International Airport in New York City. The redeveloped terminal, which will be located on the airport’s north side and offer international flight services, will span 1.2 million square feet. The new Terminal 6 will also connect to Terminal 5, which JetBlue owns and operates, and eventually replace the existing Terminal 7, which will be demolished. Lufthansa Group, which comprises Lufthansa, SWISS, Austrian Airlines and Brussels Airlines, will operate out of Terminal 6 along with JetBlue and other international airlines. The new terminal will feature updated international passenger processing, ticketing counters and passenger security screening, as well as 100,000 square feet of concession spaces and airport lounges. The developers say the project will add more than 4,000 jobs to the local economy. The first gates are scheduled to open in early 2026, with full project completion slated for 2028. In addition to airport-specific upgrades, the development team will deliver infrastructural improvements that are designed to reduce congestion and delays within the airspace and on …

November 28, 2022

Civic Development Massachusetts Northeast

MassDevelopment Provides $36M Bond for Boston School Renovation, Expansion Project

by Taylor Williams November 17, 2022

BOSTON — MassDevelopment has provided a $36 million tax-exempt bond to fund a project at The Park School in the Brookline area. The project will entail a renovation of an existing building to create space for an art and science wing, the construction of an outdoor turf athletic field and a ropes course and the addition of a new elevator in the main building. Additionally, the school will use bond proceeds to make roof repairs, replace skylights in various facilities and install a new sprinkler system. Construction is underway and expected to be complete in January 2024. Eastern Bank purchased the bond, which will also be used to refinance previously issued debt. Founded in 1888, The Park School is a nonprofit institution with an enrollment of 560 students in grades pre-K through 8.

November 17, 2022

Civic Development New York Northeast

NYC SCA Acquires Land in The Bronx for 100,000 SF Elementary School

by Taylor Williams November 14, 2022

NEW YORK CITY — The New York City School Construction Authority (SCA) has acquired a 21,870-square-foot parcel across from Van Cortlandt Park in The Bronx for the development of a 100,000-square-foot elementary school. Known as PS X515, the school will support approximately 700 students in grades pre-K through 5 and will feature a gym, library, occupational and speech therapy rooms and art, science and music rooms. DIGroup Architecture is designing the school, which is scheduled to open in fall 2027.

November 14, 2022

Civic Development Midwest Wisconsin

Kraus-Anderson Completes $13.5M Expansion to St. Croix Falls High School in Wisconsin

by Kristin Harlow November 8, 2022

ST. CROIX FALLS, WIS. — Kraus-Anderson Construction has completed a $13.5 million expansion project at St. Croix Falls High School in western Wisconsin. Designed by DSGW, the 28,300-square-foot project consisted of three separate additions to the school. The first component was a 21,100-square-foot fine arts center, which will host theatrical productions, musicals and concerts as well as serve as a large group learning space. The second component was a 6,400-square-foot fitness center and the third was a 300-square-foot wash bay addition to the existing garage.

November 8, 2022

Civic Development Massachusetts Northeast

Wentworth Institute Receives $50M Bond for New Athletic Facility in Boston

by Taylor Williams November 7, 2022

BOSTON — The Wentworth Institute of Technology, a private educational institution located in Boston, has received a $50 million, tax-exempt bond from MassDevelopment for the construction of a new athletic facility. The facility, which will be publicly accessible and will host events for youth sports, will feature a playing field that will be constructed atop a 50,000-square-foot parking structure with 330 spaces. A construction timeline was not disclosed. TD Bank subsequently purchased the bond.

November 7, 2022

Civic Leasing Activity New York Northeast

IDEAL School of Manhattan Signs 63,000 SF Lease in Financial District

by Taylor Williams November 2, 2022

NEW YORK CITY — The IDEAL School of Manhattan, a K-12 independent learning institution, has signed a 63,000-square-foot lease at 5 Hanover Square in the borough’s Financial District. The IDEAL School will occupy floors two through five, as well as a portion of the ground floor, of the 25-story building. Eliza Gordon, John Wheeler and Mitch Konsker of JLL represented the landlord, Los Angeles-based CIM Group, in the lease negotiations. Brent Ozarowski and Leslie Harwood of Newmark represented the tenant, which plans to relocate to 5 Hanover Square from the Upper West Side in summer 2023.

November 2, 2022

Civic Development Kansas Midwest

McCarthy to Build $70M Improvement Project for Kansas River Wastewater Treatment Plant in Lawrence

by Kristin Harlow October 27, 2022

LAWRENCE, KAN. — McCarthy Building Cos. Inc. will build a $70 million improvement project for the Kansas River Wastewater Treatment Plant located at 1400 E. 8th St. in Lawrence. The project marks the city’s second-largest funded wastewater project. The improvements are required to meet the National Pollutant Discharge Elimination System regulatory permit requirements issued by the Kansas Department of Health and Environment. The plant, which receives nearly 80 percent of the city’s wastewater, originally opened in 1956 and has an average daily flow of 8 million gallons per day. Preconstruction efforts are underway, with official groundbreaking slated for May 2023. Completion is scheduled for fall 2026.

October 27, 2022

Civic Development Texas

Adolfson & Peterson Construction Completes $53M Renovation, Addition to Metro Dallas High School

by Taylor Williams October 18, 2022

MIDLOTHIAN, TEXAS — General contractor Adolfson & Peterson Construction has completed a $53 million renovation and expansion project at Midlothian Heritage High School, located south of Dallas. Designed by VLK Architects, the project updated the main entrance and added a 185,000-square-foot academic wing with science labs, gyms, a fine arts complex and cafeteria. Construction began in summer 2020.

October 18, 2022

Acquisitions Civic Northeast Rhode Island

Marcus & Millichap Brokers $10.2M Sale of Rhode Island Civic Building

by Taylor Williams October 18, 2022

JOHNSTON, R.I. — Marcus & Millichap has brokered the $10.2 million sale of a 20,560-square-foot civic building in Johnston, a western suburb of Providence. The building houses offices of the U.S. Citizenship & Immigration Services. Laurie Ann Drinkwater and Seth Richard of Marcus & Millichap represented the seller, a private investment group, in the transaction. Additional terms of sale were not disclosed.

October 18, 2022

Civic Development Midwest Minnesota

Kraus-Anderson Completes $16M Police Department Facility for City of Crystal in Minnesota

by Kristin Harlow October 18, 2022

CRYSTAL, MINN. — Kraus-Anderson has completed construction of a $16 million police department facility located on the Crystal City Hall campus at 4141 Douglas Drive North. Crystal is located about five miles north of Minneapolis. Designed by Wold Architects & Engineers, the 53,300-square-foot facility features workspaces, a secure evidence storage area, indoor fleet storage and a dedicated space for K9 officers. The building also includes a detention space, garage, locker rooms and offices.

October 18, 2022

Newer Posts

Older Posts