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4.8 million housing units required by 2040

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The government’s national policy on housing will take into account the country’s urbanisation and urban migration. Myanmar's commercial capital will need 1. 07 million housing units by 2040 and the entire country will require an additional 4. 8 million units by then, according to an official from the Ministry of Construction. The whole country will need 4. 8 million housing units by 2040, based on the population growth rate between 1983 and 2014, said U Nway Hmu, deputy director of the Housing Development Division under the Ministry of Construction. 8 million housing units required by 2040" alt="image" style="border: 0px;" /> The deputy director made the re- marks during a presentation organised by the property website House . com.mm. According to the 1983 census, the national population was 35.29 million. It increased to 51.48 million in 2014, according to the 2014 census. Based on that population growth rate , Myanmar is expected to have 70.5...

Seven Casa Del Rio apartment units sold at launch

Seven Casa Del Rio apartment units sold at launch Published on: Saturday, December 01, 2012 Melaka: Seven of the 32 apartment units in Casa del Rio Residences , an exclusive apartment overlooking the Melaka river bay , were sold at the launch here Friday. Tan Sri Syed Yusof Tun Syed Nasir , group managing director of the project developer Casa del Rio Sdn Bhd , said the residences, valued at around RM60 million, took about three years to complete. "The concept of the Casa del Rio Residences is that we want to provide an elegant, high-class residence, the first of its kind, right in the heart of Melaka town," he told reporters after the launch. At the event, Syed Yusof also gave a personal tour of the residences to Yang Di- Pertua Negeri Tun Mohd Khalil Yaakob . Syed Yusof added that there would be a sales launch in Kuala Lumpur on Dec 6 at Concorde Hotel from 3pm to 6pm. The Melaka Hard Rock Cafe project undertaken by Casa Del Rio will be completed...

City prepared to kick in $4.6M toward Bottleworks project | 2017-08-15 | Indianapolis Business Journal

The city of Indianapolis is prepared to commit up to $4.6 million to the downtown Bottleworks project , with most of the amount needed to move an electric transmission line running through the site. A 38- page project agreement between the city and developer Hendricks Commercial Properties , set to be approved Wednesday by the Metropolitan Development Commission , outlines city costs associated with the project, along with other details. Beloit, Wisconsin-based Hendricks in July won approval from the Indianapolis Historic Preservation Commission to build the $260 million project on the 11-acre site of the former Coca- Cola bottling plant . Construction on the property at North College and Massachusetts avenues is expected to begin early next year. Plans call for a 136- room West Elm hotel , an eight-screen cinema, office and retail space, and apartments and condominiums. To help prime construction, the city has agreed to pay Indianapolis Power & Light up to $4 million to move ...

Ann Arbor experiencing a boom in high-end apartments and condos

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Buy Photo The Ann Arbor City Apartments in Ann Arbor. Ann Arbor is seeing a building boom of apartments and condos for the last couple of years that continues to ramp up. (Photo: Romain Blanquart/ Detroit Free Press ) Buy Photo An unprecedented building boom of apartment high -rises and condos has made construction cranes a lingering fixture of the Ann Arbor skyline . No fewer than six cranes hovered over downtown last week as private developers raced to erect more luxury student and post-collegiate housing within walking distance to University of Michigan classrooms. The half- dozen residential projects that are under construction or slated to begin are the latest round in a boom that has been under way for at least three years and is permanently altering the city's housing situation. Many of the current and earlier developments specifically cater to U-M students, offering additional near- campus living options aside from blocks of grubby old houses. Other projects have ta...

Lewiston seeks grant to transform Tree Streets neighborhood

LEWISTON — The city is seeking a large federal grant that would address housing and other issues in the poorest areas of downtown Lewiston , and neighborhood advocates say the funds could go a long way toward implementing goals they've had for years.  If successful in its bid, Lewiston could receive $1.3 million from the U.S. Department of Housing & Urban Development and what's known as a  Choice Neighborhood Planning and Action Grant. The city council approved the application last week, and will commit $237,500 in local Community Development Block Grant funds during implementation if the grant is successful.  The city hopes the funding can lead to long-term changes in the downtown neighborhood , where nearly half of residents live below the federal poverty level . According to 2015 census figures, the median family incomes in downtown census tracts 201 and 203, are $12,417 and $16,047, respectively.  The main purpose of the funds is to plan and execute major housing...

Neighbors worry 294 new apartments on Nixon Road will worsen traffic problems

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Residents check out the plans for a 294- unit apartment complex on Nixon Road at a meeting Tuesday night at the Traverwood Branch Library in Ann Arbor. Ryan J. Stanton | AnnArbor.com Neighbors of a proposed 294- unit apartment complex at Nixon Road and M-14 say they're concerned about adding more traffic to an already congested area. "It's hell right now," said Cathy Baker , who lives in the Barclay Park condominiums and says traffic regularly backs up on Nixon Road during rush hour. About two dozen residents attended a citizen participation meeting hosted by the developer Tuesday night at the Traverwood Branch Library in Ann Arbor. A map of the site location provided by the developer. Traffic repeatedly came up as a main concern with the project. Residents who live in neighboring apartments and condominiums said they're particularly worried about worsening traffic backups where Nixon Road meets Green and Dhu Varren roads — an unconventional four-w...

Low-Income Residents Near New Detroit Arena Worry About Being Pushed Out – Deadline Detroit

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Bretton Hall is one of the buildings that was sold. ( Google Maps photo ) Progress and gentrification in Anywhere USA can often spell doom for low-income residents. Near the Little Caesars Arena in Detroit, tenants worry about being pushed out. Louis Aguilar of The Detroit News reports : Three Cass Corridor apartment buildings near Little Caesars Arena are part of an $8. 1 million sale involving a mysterious buyer that has low-income residents of the apartments wondering if they will be pushed out of the homes as the project evolves, The Detroit News has learned. The buildings are one block west of the $862.9 million sports and entertainment complex opening in less than three weeks. For several years now, the arena complex has sparked multimillion-dollar sales of property in a neighborhood that’s been blighted for decades. The buildings, on the 400 block of Henry, contain about 95 units and were sold in a single $8.1 m...

U.S. Lawmakers Seek Kushner Company Records on Maryland Apartments

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by Alec MacGillis Maryland’s two U.S. senators and four of its U.S. House representatives , all Democrats, sent a letter today to the large real- estate company owned by the family of Jared Kushner, President Donald Trump ’s son-in-law and senior adviser, demanding information about the company’s management of 17 apartment complexes it owns in the state. The letter to Kushner Companies came in response to a May 23 article co-published by ProPublica and The New York Times Magazine investigating management practices at the rental complexes, most of which are in the suburbs of Baltimore, as well as an article this week in The Baltimore Sun that revealed additional details . The original story described the highly aggressive legal tactics that Kushner Companies has used to pursue tenants who owed back rent or had left their leases early — even tenants who left the complexes well before the company bought them in 2012 and the years following. In many of the hundreds of cases brough...

ICYMI: Al Capone’s Park Slope Home Is For Sale

PARK SLOPE, BROOKLYN — If you've ever wanted to live in the old Brooklyn home of a notorious gangster, you've got a chance to do it. The Park Slope home where Al Capone used to live is up for sale, and it will only cost you a cool $2.5 million to move in. Capone grew up in a nearby building on Garfield Place, according to realtor.com, and moved into this listing in the early 1900s. "If he had lived here today, he wouldn’t have to go into the rum-running business," listing agent Bren Salamon told Patch . That's because Capone could make some serious dough from the two rental units attached to the condo, which could bring in a pretty penny in 2017 Park Slope . Anyone who moves in, though, won't be looking at any old relics of Brooklyn gone by. The home, as many are in the borough these days, was completely renovated by an investor about a year ago. The main townhouse is 2, 980 square feet spread over two levels. Along with three bedrooms and 2.5 bathrooms, t...

River Terrace Apartments

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Quizzes Lists Topics Save The River Terrace Apartments is an apartment building located at 7700 East Jefferson Avenue in Detroit, Michigan. It was listed on the National Register of Historic Places in 2009. [1] River Terrace Apartments was one of the first two garden apartment complexes built in Michigan which used loan guarantees from the Federal Housing Administration , the other being Hillcrest Village in East Lansing. [2] History By the late 19th century , the corridor along East Jefferson Avenue had become a prestigious residential neighborhood . As the automobile age dawned in the twentieth century and Detroit's population boomed, large upscale apartment buildings were constructed along the Avenue. However, this boom in apartment construction collapsed at the start of the Great Depression. However, in 1939, Wesson Seyburn, along with Leonard P. Reaume, of the property management firm of Holden & Reaume, applied for a building permit to construct this apart...