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Why empty nesters are moving to Brisbane’s inner city

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Sponsored Content rise residential developments in recent years." /> Brisbane has seen a proliferation of high- rise residential developments in recent years. At one time Brisbane wore a reputation as the last, true east coast bastion of the quarter-acre block – a time, not so long ago, when many developers focused on delivering the Australian dream as a three- or four-bedroom home with a landscaped garden front and back.  How those times have changed.   Interstate migration, the need to mitigate the transport and infrastructure pressures of vast urban sprawl , and a more visionary approach to inner-city planning have all triggered the growth of Brisbane upward rather than outward. Investment in cultural precincts like South Bank have increased the appeal of inner-city living. Photo: Bradley Kanaris There is little doubt that, for most people familiar with the city, the biggest change in the past decade has been to the skyline with a proliferation of high- rise residenti...

It's years away, but 70-story downtown tower could change L.A. skyline and 'relationship with vertical living'

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A skyscraper that would be the tallest residential building in California has been proposed for downtown Los Angeles as the neighborhood’s housing boom rolls on. Crescent Heights , a Miami- based developer , submitted a proposal to the city Planning Department this week to build a 70- story apartment building that would stand out in size and design amid the rapidly growing South Park district east of Staples Center. The 810-foot building with 794 units would be the third-tallest in Los Angeles behind the recently opened Wilshire Grand hotel and office tower and the U.S. Bank Tower office building completed in 1989. Last year, Crescent Heights completed Ten Thousand , a 40- story luxury apartment complex on Santa Monica Boulevard on the edge of Century City. It also plans to build two residential high-rises next to the famed Hollywood Palladium on Sunset Boulevard. Its latest high-rise plan, for 1045 S. Olive St., calls for eye-catching cutouts two-thirds of the way up the bu...

The Selby Rising into Toronto's St. James Town Skyline

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For decades, the skyline of Toronto's Bloor and Sherbourne area has been dominated by the mostly pallid apartment towers found in the St. James Town neighbourhood . In recent years, additions like the James Cooper Mansion and 561 Sherbourne have added some height and visual variety to the area, and now another major tower is beginning to punctuate this skyline with some colour, and is soon to add a higher-end option to the rental apartment mix in the area. The Selby, from Tricon Capital, Mod Developments, and OP Trust, will rise to a height of 50 storeys. Designed by Chicago-based bKL Architecture, it is being clad in a precast concrete panels inlaid with real red brick on the surface. When we last updated The Selby's construction progress just over a month ago, work had begun on the tower’s 25th floor, while the red brick cladding had reached the 14th floor. Installation of glazing for the building’s punched windows followed a few levels behind, reaching the 9th floor ...

Cincinnati Apartment Market Report

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Cincinnati—2013 was a good year for the Cincinnati apartment market , as the city experienced an increase in demand thanks to improving employment , income growth and a swelling millennial population . According to Marcus & Millichap, 600 apartments were delivered last year, vacancies dropped to 4.5 percent—the lowest year-end level in years—and average rents were fast approaching $800 per month. And the commercial real estate brokerage firm expects Cincinnati ’s apartment market to perform the same this year. Forbes recently reported that Cincinnati is the third most affordable city in the United States. Although the median price for a new home in the area was set at around $133,000, the rental market was still the top performer last year. And apartment rents are expected to continue to increase in 2014, for the fifth consecutive year. All of this is thanks to the growing population of young professionals. Cincinnati’s 20- to 34-year-old population, with its live-work-play lifes...

Lake Macquarie’s quiet boom | Newcastle Herald

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LAKE Macquarie is being transformed at a rate not seen for generations, with a construction frenzy spilling over from Newcastle and pushing Warners Bay and Charlestown skywards. The Lake Macquarie council area, which includes a swath of greater Newcastle suburbs and townships such as Morisset, Cooranbong and Swansea, had about 2,700 development applications worth $607 million approved in the last financial year . That is 550 more than the previous year, and an increase of 23.5 per cent. About $250 million worth of construction is underway and, while not on the scale of Newcastle’s $900 million transformation, the Lake figure is mainly private investment unswollen by major public works  like the Newcastle light rail . There is also more than $300 million worth of development in the pipeline. Among the projects attracting buyers’ interest are the $80 million Water’s Edge apartments proposed for the Esplanade at Warners Bay. If approved, Water’s Edge will take the site of a former ...

Another Turning Point For Mission Valley

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There was a time, and it wasn’t long ago, when Mission Valley was farmland. Black and white photos from the 1960s show rows of turnip plants and herds of grazing dairy cows owned by farmers. “I remember the stories of how they would take the cows under the freeway after they built Interstate 8, or 80 back in those days,” said Rob Hutsel, a fourth- generation San Diegan . “The deal with the landowner was he still had to get his cows to the river. And so they left a tunnel under it so they could take their cows down to the river to get their water... I always wonder whatever happened to the tunnel.” The completion of the I-8 freeway around 1960 was the beginning of the end of an era in valley. The Mission Valley mall was built, and the valley became a suburban shopping destination . Now, another shape shift is on the horizon. Hutsel is president of the San Diego River Park Foundation and a member of the city’s Mission Valley Planning Group . He sees opportunity in Mission Valley . “...