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Redevelopment

All articles tagged with #redevelopment

South Street's Vacancy Dilemma Triggers Zoning Overhaul in Philly
local10 hours ago

South Street's Vacancy Dilemma Triggers Zoning Overhaul in Philly

Philadelphia’s South Street, once a magnet for shops and nightlife, now faces about a 30% storefront vacancy and nuisance businesses like smoke shops and hookah lounges. City planners are weighing a remapping to CMX-3 mixed-use zoning to enable taller buildings with first-floor retail, aiming to attract anchors and boost foot traffic, though the timeline is unclear and residents are divided on the approach. Proposals include a South Street Revitalization Corporation, temporary pedestrian blocks, and a creative district overlay, but effectiveness depends on ongoing neighborhood consensus and council action.

via Billy Penn at WHYY|
#local#redevelopment#remapping
Concord Mall set for interior demolition; Boscov's to remain
business12 days ago

Concord Mall set for interior demolition; Boscov's to remain

Plans filed to demolish the indoor portion of Concord Mall, including the Macy’s/Macy’s Home Store area, while keeping the Boscov’s anchor and exterior buildings. The project would reduce the mall footprint by about 846,896 square feet and replace it with a 233,100-square-foot single-story building, reflecting ongoing challenges and redevelopment efforts for Delaware’s indoor malls.

via wdel.com|
#boscovs#business#concord-mall
Penn Station overhaul advances with pre-development pact and $7–8B budget
real-estate2 months ago

Penn Station overhaul advances with pre-development pact and $7–8B budget

Amtrak and Penn Transformation Partners signed a pre-development agreement to push Penn Station’s overhaul toward a final design and a detailed budget estimated at $7–8 billion, with a 2027 completion window for the pre-development phase and ongoing community engagement. Led by Amtrak’s Andy Byford and Penn Transformation Partners (Halmar/Skanska) under Vishaan Chakrabarti’s design, the plan would relocate the main entrance to Eighth Avenue, wrap Madison Square Garden into a circular form atop the terminal, and replace the current maze of ticketing and corridors with a single, daylight-flooded concourse with shops and services. Madison Square Garden would stay atop the station, and federal DOT funding supports the project as momentum toward construction builds.

via New York Post|
#amtrak#architecture#penn-station
Penn Station overhaul sparks pushback as officials demand cost, partners, and neighborhood impact
politics2 months ago

Penn Station overhaul sparks pushback as officials demand cost, partners, and neighborhood impact

A coalition of New York officials rallied near Penn Station to demand transparency about the private-led redevelopment, criticizing the Trump administration for sidelining local voices; Amtrak has named Penn Transformation Partners (including Vornado, Halmar and Skanska) as master developer, with plans for a new eighth-avenue entrance and improved operations, but total costs and neighborhood impact remain unclear as federal funding is discussed and state/MTA contributions are unsettled.

via Gothamist|
#amtrak#master-developer#penn-station
Toxic rubble from White House renovation fuels DC golf course redevelopment dispute
politics3 months ago

Toxic rubble from White House renovation fuels DC golf course redevelopment dispute

A federal judge warned the Trump administration to proceed carefully on plans to overhaul Washington D.C.'s East Potomac golf course after soil data showed toxic metals in rubble from the White House East Wing demolition; the DC Preservation League filed an emergency restraining order, the court allowed maintenance to continue for now, and officials face questions about contaminants, potential course closures, and a broader waterfront redevelopment including a championship course and a national garden.

via The Guardian|
#east-potomac#politics#redevelopment
Long Island malls pivot to open-air layouts and mixed-use revamps
business4 months ago

Long Island malls pivot to open-air layouts and mixed-use revamps

Newsday reports that most of Long Island’s enclosed malls are being redeveloped to boost foot traffic and sales, with new layouts, a heavier emphasis on dining and entertainment, and a shift toward open-air formats and mixed-use components. Timelines and specifics vary by property as developers reposition anchors and bring in diverse tenants to create more experience-focused destinations.

via Newsday|
#business#long-island#malls
Cal Neva Revival: Lake Tahoe Proper to Open in 2027
travel4 months ago

Cal Neva Revival: Lake Tahoe Proper to Open in 2027

The historic Cal Neva Resort on the California–Nevada border is being redeveloped into the Lake Tahoe Proper Resort and Casino with a $298 million financing package, adding 197 rooms plus a casino, spa, restaurants and a restored theater, and is slated to reopen in 2027 under Realberry and Proper Hospitality, aiming to honor its Hollywood glamour while updating the landmark for today’s travelers.

via Fox News|
#cal-neva#lake-tahoe#proper-hospitality
Royals Unveil Downtown Crown Center Stadium as Part of $3B Redevelopment
business4 months ago

Royals Unveil Downtown Crown Center Stadium as Part of $3B Redevelopment

The Kansas City Royals announced a $3 billion redevelopment plan at Crown Center, including a $1.9 billion ballpark and surrounding district. Funding would come from about $600 million in city support via tax-increment financing, Missouri tax credits, and roughly $2 billion in private financing. Groundbreaking is slated for 2027 with a 2030 Opening Day, and Hallmark HQ will relocate to accommodate the project. No public vote is required, though the City Council will negotiate a term sheet and lease as the project proceeds—all downtown, with earlier site searches shifting away from North Kansas City and Overland Park.

via Royals Review|
#business#crown-center#kansas-city
Rays outline $1.065B public financing for new Tampa stadium
local4 months ago

Rays outline $1.065B public financing for new Tampa stadium

The Rays seek about $1.065 billion in public funds for a $2.3 billion stadium in Tampa, with the team contributing $1.235 billion. Public money would come from Hillsborough County and the city via sources including the half-percent sales tax, the 6% lodging tax (sixth cent), the Drew Park Community Redevelopment Area, the Community Investment Tax, and potentially HUD disaster-recovery funds. Approvals are targeted by June 2026 for a 2029 opening, with final Sources and Uses yet to be finalized.

via Tampa Bay Times|
#funding#local#rays
Smithfield to Build $1.3B Sioux Falls Plant, Spark Downtown Redevelopment
business6 months ago

Smithfield to Build $1.3B Sioux Falls Plant, Spark Downtown Redevelopment

Smithfield Foods plans to replace its 117-year-old Sioux Falls facility with a new, state-of-the-art plant on Foundation Park, a roughly $1.3 billion investment over three years that will add more than 1.4 million square feet of production space and aim to start operations in late 2028. The project is paired with a $50 million gift from philanthropist Denny Sanford to relocate the existing site and redevelop about 120 acres adjacent to downtown as a transformative district called The Sanford District, signaling the largest business investment in South Dakota history and a major downtown revitalization effort.

via SiouxFalls.Business|
#business#foundation-park#redevelopment
Portland's Lloyd Center to Close by Year-End Amid Redevelopment Plans
business6 months ago

Portland's Lloyd Center to Close by Year-End Amid Redevelopment Plans

Lloyd Center in Northeast Portland will close by the end of the year as owners move to demolish the mall and redevelop the site into 14 parcels, prompting frustration from local businesses and longtime patrons who value the mall as a community space. While supporters hope for adaptive reuse and new amenities in the future, no official closing date beyond year-end has been set and planners say there will be no more holiday seasons at the mall.

via KGW|
#business#lloyd-center#mall-closure
Portland’s Lloyd Center to be Demolished for an 18-Block Redevelopment
local6 months ago

Portland’s Lloyd Center to be Demolished for an 18-Block Redevelopment

Portland’s Lloyd Center will be demolished this winter as developers plan an 18-block redevelopment in the Lloyd District that adds housing (affordable and market-rate), retail storefronts, transit-connected streets, and six acres of publicly accessible open space. A permanent ice rink is not included. Tenants such as Floating World Comics and Star Tropics Pinball Museum will be displaced with at least three months’ notice, and supporters of the Save Lloyd campaign are rallying residents ahead of a Feb. 5 design commission hearing to try to preserve the mall’s legacy.

via Willamette Week|
#demolition#lloyd-center#local