Seton Education Partners to Open 73,000 SF Charter School in The Bronx

NEW YORK CITY — Seton Education Partners, a nonprofit owner-operator of charter schools, has entered into a leasehold condominium agreement with Bolivar Development to open a 73,000-square-foot school at 1936 Jerome Ave. in The Bronx. The structure of the deal allows Seton to own the condo unit that will house the school for 39 years before ownership reverts to the developer. The school will be operated under the Brilla Public Charter School brand and will ultimately serve more than 800 …

January 27, 2022Civic, Development, New York, Northeast

Touro College Signs Lease to Open 243,305 SF Campus in Manhattan

NEW YORK CITY — Touro College & University System, a nonprofit higher and professional learning institution, has signed a lease to open a 243,305-square-foot campus within 3 Times Square in Manhattan. Touro will occupy the third through ninth floors and part of the ground and second floors at the 30-story building, which originally opened in 2001 as the North American headquarters of Reuters. Today, The Rudin Family owns the building and is currently in the midst of renovating it. The …

January 5, 2022Civic, Leasing Activity, New York, Northeast

Kraus-Anderson to Wrap Up $42M Renovation of La Crosse Center in Wisconsin This Month

LA CROSSE, WIS. — The Madison office of Kraus-Anderson (KA) is about to complete construction of the $42 million renovation and expansion of La Crosse Center. The civic center is located at 400 La Crosse St. in the western Wisconsin town of La Crosse. The center has remained open during construction, which is scheduled for completion by the end of the year.Designed by ISG Architects, the two-year renovation project expands the sports, entertainment and event center into 120,000 square …

December 17, 2021Civic, Development, Midwest, Wisconsin

Joeris General Contractors Completes Renovation of 10,000-Seat Stadium in Metro Austin

HUTTO, TEXAS — Joeris General Contractors, in partnership with the Hutto Independent School District, has completed the renovation of Hutto Memorial Stadium, a 10,000-seat venue located north of Austin. The total project cost was approximately $18 million. Upgrades include a new visitors’ field house, new home and visitors’ concessions and restroom facilities, an enhanced LED video display board, multi-level press box and film deck and additional site improvements to support these …

December 15, 2021Civic, Development, Texas

Public-Private Partnership to Develop $9.5B International Terminal at JFK Airport in New York City

NEW YORK CITY — The Port Authority of New York and New Jersey has reached an agreement with a consortium of private financial sponsors to build a 2.4 million-square-foot international terminal that will anchor the south side of John F. Kennedy International Airport (JFK) in New York City.The $9.5 billion project will comprise 23 gates and be built in phases at the airport’s T1, T2 and the former T3 terminals, with groundbreaking anticipated for next year.The port authority …

December 14, 2021Civic, Development, New York, Northeast, Retail, Top Stories

$1.5B Airport Terminal Under Construction in Kansas City to Feature Touchless Kiosks, Biometric Verification

KANSAS CITY, MO. — Construction is underway on a new $1.5 billion terminal at Kansas City International Airport. Henderson Engineers is serving as the lead engineer and designed the technological infrastructure, which includes touchless kiosks and video walls.This infrastructure will also support a biometric verification system that will enable travelers to use their faces as boarding passes. Using three-dimensional building information modeling software, Henderson determined placement …

December 7, 2021Civic, Development, Midwest, Missouri

Joeris General Contractors to Build 130,000 SF Middle School in Austin’s Mueller District

AUSTIN, TEXAS — Joeris General Contractors, in partnership with the Austin Independent School District, will build a new, 130,000-square-foot middle school at the site of the former Mueller Airport in the state capital. Designed by California-based LPA, the school will be situated on 10 acres that previously served as a runway and will include a community room, dining commons, library, gym and a track and field complex. Completion of the school, which will be able to serve 800 students, is …

November 30, 2021Civic, Development, Texas

Partnership Completes 745,000 SF Hockey Arena for New York Islanders

ELMONT, N.Y. — New York Arena Partners, a group comprised of Oak View Group, Sterling Project Development and the New York Islanders, has completed construction of UBS Arena, a 745,000-square-foot venue in the Long Island community of Elmont that will serve as the NHL team’s new home. Designed by Populous and JRDC Urban Architecture specifically for hockey and music events, the 17,250-seat arena features a seating bowl that is pushed further toward the ice than in standard basketball-first …

November 30, 2021Civic, Development, New York, Northeast

Yucaipa Acquires 182,510 SF American Stock Exchange Building in Manhattan

NEW YORK CITY — The Yucaipa Cos., a Los Angeles-based private equity firm, has acquired the American Stock Exchange Building, a commercial property located at 123 Greenwich St. in Manhattan. The 14-story building was originally constructed in 1921; the namesake tenant vacated the premises after merging with the New York Stock Exchange in 2008. Today, the building plays host to conferences, trade shows, fashion shows, art exhibitions and private parties. National direct lender iBorrow provided …

November 15, 2021Acquisitions, Civic, New York, Northeast

LA Chargers Unveil Plans for New Team Headquarters, Training Facility in El Segundo

EL SEGUNDO, CALIF. — The Los Angeles Chargers have reached an agreement with Continental Development Corp. and Mar Ventures Inc. to build its new corporate headquarters and training facility on a 14-acre site in El Segundo, about 20 miles southwest of Los Angeles.Designed by Gensler Sports, the project will be situated less than three miles from the Los Angeles International Airport and seven miles from SoFi Stadium, where the football team plays. The Chargers had been searching for a …

November 3, 2021California, Civic, Development, Office, Western