Apartment Choice

A multi- story affordable housing complex built on top of a Wal-Mart or Raley’s … or Trader Joe’s for that matter. And located on land once earmarked for a Costco store at the PlacerCountyGovernmentCenter in North Auburn? PlacerCounty supervisors provided the raw materials for such a vision during a wide-ranging discussion on affordable options this week during an update on housing needs. Supervisor Kirk Uhler of Granite Bay was the chief proponent of a closer look at melding housing and commercial development , not specifying a particular location for a multi- story structure but name-checking Raley’s and Walmart. “How many more apartment units going an additional one, two or three stories above the Walmart ceiling height … could you put on that piece of dirt?” Uhler asked. “You’ve now got two utilizations of the same square foot – the commercial floor area and the residential above it.” The result could be more walkable commercial areas and better locations for transit, he s...

The Mobile City Council has approved the sale of the Water Street building known as City Hall North , clearing its way for redevelopment as an apartment complex , and a consultant on the project said that groundbreaking could come next spring. District 2 Councilman Levon Manzie announced his "100 percent support" for the project and pledged to assist developers any way he could. "I can't think of a better way to describe 350 St. Joseph Street than to say it's not now needed for public or municipal purposes," Manzie said as the council voted. "It has been a blight on that corner of DeTonti Square for a long time. And that entrance is one of the gateways to our beautiful city." "I know those employees who worked at old City Hall North are not sad to see it go," commented Council President Gina Gregory . "It will be a tremendous improvement." Occupying a roughly triangular lot where St. Joseph Street hits Water Street , the bu...

SINGAPORE (Aug 22): Getting your rental yield right goes a long way. Today’s average rental yield for condominiums and apartments is the lowest in a decade, at about 3.2%. Low interest rates , subdued job market and large supply of housing are possible reasons. In our analysis, we have identified eight private residential properties with the highest rental yields in the high- end condo segment comprising districts 9 , 10, 11, Downtown Core and Sentosa. Only properties with at least five sales and five rental transactions over the last 12 months were considered in our analysis. 1) Lumiere Property type: Apartment Rental yield: 5.0% Average rent PSF: S$6.0 Tenure: 99 years from 2006 District/ Planning Area: D2 - Downtown Core Located at Mistri Road, the 45-storey Lumiere is a three-minute walk to Tanjong Pagar MRT station . It was completed in 2010 and has 168 units. It is a stone’s throw away from International Plaza and Icon Village, and less than 10 minutes’ walk to Tanjong Pagar...

AKRON, Ohio - Testa Companies plans to build 40 townhomes in North Hill, in what will be the first new family housing development in North Akron in more than 20 years. Through a partnership with the International Institute of Akron, the city and the Ohio Housing Finance Agency , Testa plans to break ground in spring 2018 on the International House at San Tomasso (Italian for St. Thomas). The units will be built on land near St. Thomas Hospital and St. Anthony of Padua Parish on N. Main Street and is intended to be largely occupied by refugees. In July, the Ohio Housing Finance Agency announced the International House at San Tomasso received a portion of the $27 million awarded under the 2017 Housing Tax Credit program awards . The program pays for construction, acquisition and rehabilitation of affordable housing communities across Ohio. The new development aligns with the city's plan to boost Akron's population and strengthen its tax base as outlined in the report Planni...

Shares 372 By Maria Saporta First in a multi-part series about Atlanta’s precious tree canopy Hundreds and hundreds of trees will be cut down in the Peachtree Hills community as a result of two developments currently being proposed. Ashton Woods – an ironic name for the developer – is planning to clear cut a 4-acre parcel next to Peachtree Hills Park ­– removing a total of 148 trees. Peachtree Hills " /> A look at the trees that will be cut down as part of the easement through the park (Photo: Peachtree Hills ) Across Peachtree Hills Avenue , Isakson Living will be developing a residential community on 20 acres of land that used to house the a modern- style Peachtree Hills Apartments , which were built in 1938 and were demolished in 2008. The property has been vacant – with the exception of the grand trees that have shaded the area for decades. Brian Thomas, vice president of construction of Isakson Living, wrote in an email that “the existing tree canopy has been and will...

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...

WEST WHITELAND >> Call it the development of Exton, 2.0. The area is undergoing a renewed interest with development that has the township buzzing with new projects. From a new supermarket – a Whole Foods, which the township has been told will open in January – to a post- operation rehabilitation facility , with plenty of housing in between, the Exton area is a hot spot for building again with more than 20 projects in the ground or on the drawing board. “There’s a lot happening now,” observed Mimi Gleason , West Whiteland ’s township manager. “A lot of it is because of the economy, the pent-up demand, and a lot of it is because the three supervisors we have now wanted to encourage redevelopment.” Advertisement The completion of the Exton Square Mall in 1973 helped put the Exton area on the map and through the decades leading up to the 2008 Great Recession the township saw steady growth with the development of other retail centers like Whiteland Towne Center , Fairfie...

There were many aspects of the four- site Capitol Hill transit - oriented development the East Design Review Board liked, but confidence was not high enough to clear it for permitting on Wednesday. Situated above the light rail station , the transit- oriented development will be Capitol Hill’s largest construction project to date, creating more than 400 apartment units in a superblock that borders Broadway , 10th Avenue, East John Street and East Denny Way. Each of the four buildings will be seven stories. Three will provide around 20 percent of their apartment units at affordable levels, while the Capitol Hill Housing B-North site will include 110 units at affordability rates of 30-60 percent of the area median income . The East Design Review Board ’s last assessment of the development, which is being led by Portland- based Gerding Edlen Development (GED), was in December. Board members agreed developers responded to the guidance provided at that time, but didn’t feel every r...

Looking for a condo with a great view? Look no further. (Credit) Take our word for it – in the concrete jungle Singapore is, it isn’t easy finding a condo with awesome views. However, if you’re living in a place with a view as jaw-dropping as the ones we’ll be introducing below, you’ll want to be at home 24/7. You can get your groceries delivered, turn on Netflix instead of catching a film at the cinema, and even have date night at home. (Seriously, though – why bother jostling with the crowds at Orchard Road when you can put on your favourite music, dim the lights, and have a romantic night at home with your partner?) In no particular order, here are the condos with the most awesome views in Singapore. Let us know which one of them is your favourite! (Credits) #1: Seven Palms Of course we had to include a condominium in Sentosa on this list. Billed as Singapore’s only beachfront residence, Seven Palms is the perfect choice for those who have always dreamed of living near the water....