News

Huntington Club seeks financial help for redevelopment, but supervisors concerned about risk
December 27, 2022
Developers are asking for public help to redevelop the Huntington Club condominium community, but officials worry the condo owners are unclear of the risk involved.
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T. Rowe Price Breaks Ground at Harbor Point – Baltimore
March 30, 2022
T. Rowe Price has officially begun construction of its new 550,000 SF global headquarters at Harbor Point, set to open in 2024. Located at 1307 Point Street, the design will support T. Rowe Price’s collaborative culture with spaces to gather for meetings…
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City Council Approves TIF to Support Redevelopment of Brownfield – East Providence Rhode Island
March 17, 2022
The City Council approved a TIF supporting the $100MM redevelopment of a long vacant brownfield and former industrial site into a new residential development that includes market rate and affordable housing units.  The new development will also include public access to the…
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D.A. Davidson Closes Bonds on Black Desert Public Infrastructure District – Southern Utah
September 30, 2021
ST. GEORGE, Utah--(BUSINESS WIRE)--D.A. Davidson’s Special District Group has successfully priced and closed $106 million of limited tax general obligation bonds for Black Desert Public Infrastructure District (PID), encompassing approximately 278 acres. The proceeds will fund public infrastructure for a commercial and residential resort…
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City of Charleston, SC: An innovative idea to help Johns Island keep up with development
August 7, 2021
With the Charleston region’s dramatic growth, there is understandably increasing political sentiment to find ways to ensure that new residents shoulder more of the cost of the new infrastructure needed to serve them, such as wider roads, more schools, expanded drainage systems,…
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Preston Hollow Capital Completes Bond Funding for Farms of New Kent Development in Virginia
July 14, 2021
DALLAS--(BUSINESS WIRE) - Preston Hollow Capital (“PHC”), an independent specialty municipal finance company based in Dallas, today announced the successful issuance of two new series of tax-exempt refunding bonds totaling $90 million, the proceeds of which cure the previously defaulted Series 2006…
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Development of Pawtucket Soccer Stadium Underway
July 14, 2021
Patrick Anderson The Providence Journal The redevelopment of Pawtucket's Seekonk riverfront into a $284-million stadium-centered mixed-use complex has been quietly picking up pace. While Italian soccer fans were cheering their national team's European Championship win, stadium developer Fortuitous Partners was working through…
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Council Approves $2 Billion Redevelopment of Shuttered Northern Virginia Mall
July 7, 2021
By Bryce Meyers - CoStar News $1 Billion Hospital Campus to Serve As Centerpiece of Remade Landmark Mall The Alexandria City Council has greenlighted long-anticipated plans to remake the site of the shuttered Landmark Mall in Alexandria, Virginia, into a 4 million-square-foot,…
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1.1 Million SF of Vertical Construction Set to Begin in Port Covington
January 5, 2021
Buildings to Begin Delivering in 2022; More than $9 Million Distributed as Part of Largest Community Benefits Agreement in Baltimore History Baltimore, Md., Jan. 05, 2021 (GLOBE NEWSWIRE) -- The Port Covington Development Team consisting of lead investors Sagamore Ventures and Goldman…
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Outbreak hasn’t derailed this College Park development project
May 20, 2020
A partnership including the Greenbelt-based Bozzuto Development Co. is set to break ground on its $140 million redevelopment of a site south of the University of Maryland’s front door in College Park where Plato’s Diner and a Quality Inn hotel once stood.…
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