The project site, looking toward Downtown Culver City (Credit: Google Maps) Oakmont Capital is developing a 119-unit mixed-use project in Palms, about a block from a similar project he started last year. The latest one, a seven-story development at 3565 Overland Avenue, would have 2,000 square feet of ground-floor retail space. It would also include […]
Alphabet could use Hudson Yards as template to finance Toronto megaproject
Sidewalk Labs CEO Dan Doctoroff with a rendering of Alphabet’s project in Toronto (top) and Hudson Yards (bottom). (Credit: Sidewalk Labs and Twitter) Alphabet, Google’s parent company, may look to Hudson Yards as a model for how to finance an 800-acre urban hub along a downtrodden part of Toronto’s waterfront. Sidewalk Labs, a Google sister […]
A bunch of teenagers are helping develop one of NYC’s hottest neighborhoods
The South Bronx Waterfront overlayed by teens (Credit: Curbed NY, SVG Silh, and Pixabay) Who’s building up the South Bronx waterfront? Sure, $160-billion real estate developer Brookfield Properties is at the helm. But there are also a group of 50 high school and undergraduate students from the Bronx making some calls. The students are partnered […]
A mansion will rise: Massive Bel Air development site lists for $60M
Eric Kroh A massive piece of land in Bel Air that is entitled for a mansion up to 40,000 square feet is now for sale. The price, $60 million. Eric Kroh, founder of Sandstone Properties, is selling his 30-acre spread, the latest in a series of pricey land-only listings to come up for sale in […]
Go big and go home: Inside LA’s mansion expansion quest
An illustration of trucks hauling dirt (Credit: iStock) Fred Rosen still remembers the chaos that enveloped Bel Air when the mansion-expansion trend went into overdrive. About five years ago, dozens of trucks began snaking through the neighborhood’s narrow roads ferrying dirt and cement, as residents and spec developers carved out hillsides for massive new homes, […]
Clarion Partners scoops prime Culver City dirt for $33M
Clarion Partners CEO David Gilbert and 3835 Watseka Avenue in Culver City (Credit: Google Maps) Clarion Partners made its latest move in Culver City with a $32.6 million purchase of four development lots near the city’s downtown. The New York-based firm purchased a small building at 3835 Watseka Avenue and a series of adjoining parking […]