Tag Archives: Development

The Great “Innovation” Rebrand of West Baltimore

On a blighted section of Baltimore’s North Avenue not far from the Maryland Institute College of Art, a public housing project, unoccupied for almost two years, is currently being torn down. Built in the 1970s, the 27-building complex that came to be known as Murder Mall is being cleared away to make room for a $100 million mixed-use development project that will break ground in one to two years from now. When complete, it will include between 300 and 500... Read more

Why Commercial Real Estate Investors Are Looking to Resilience Rather than Yields

Over the next few decades, commercial real estate developers could be just as likely to base investment decisions on rising sea levels as on rising interest rates. As urbanization, climate change and social unrest exert increasing pressures on cities, traditional metrics for measuring investment risk cannot hope to capture the whole story. Instead, investors are turning their attention to resilience to guide capital allocation. Read more... Read more

Creating Diverse Housing Opportunities in Lansing

Smart growth is about recognizing and understanding the various facets of a vibrant community and how to achieve and maintain a balance among them. The Greater Lansing Association of Realtors along with other community leaders are working to assure ample homeownership opportunities in communities with efficient transportation, good schools, and open space exist in mid-Michigan. Read more... Read more

Congress Is Making a Bipartisan Push for an Urban Development Tax Credit

Members of the House and Senate have moved to protect a program that gives tax credits to businesses that create jobs and other economy boosters in low-income communities. The U.S. Treasury’s New Markets Tax Credit (NMTC) program, which targets poor zip codes both urban and rural, has gained bipartisan support and many friends in both the urban development and business worlds since its implementation in 2000. Two new bills introduced last week — both called The New Markets Tax Credit... Read more
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