Judge temporarily halts Detroit’s sale of state fairgrounds site for Amazon development

A Wayne County Circuit Court judge issued an order temporarily stopping the city of Detroit from selling the former Michigan State Fairgrounds to developers for a $400 million Amazon.com Inc. facility.

The deal with Detroit-based Sterling Group and Dallas-based Hillwood Enterprises LP to buy the 142 acre site for $16 million, including the land sale and money to construct a replacement public transit center, was expected to close around Friday. It got the Detroit City Council approvals needed for the sale on Oct. 20.

The State Fairgrounds Development Coalition, which was seeking a publicly usable redevelopment of the site, has railed against the Amazon deal and sued the city over it, also on Oct. 20.

“The court finds plaintiffs will experience immediate and irreparable harm unless defendants are immediately restrained and enjoined,” Judge Sheila Ann Gibson wrote in Wednesday’s order, of which Crain’s received a copy. “The court also having

Read More

County commission paves the way for housing development on Calusa golf course

Miami-Dade County commissioners voted 9-3 to lift a covenant restricting development on the defunct Calusa golf course despite the pleas of 40 homeowners who said their West Kendall neighborhood would be devastated by a 500-house subdivision on the old fairways.


Load Error

The decision at Thursday’s zoning hearing is a victory for property owner Facundo Bacardi and developer GL Homes, allowing them to move forward with plans to build on 168 acres of the former Calusa Country Club at 9400 SW 130th Ave., which has been closed since 2011.

The 99-year covenant on the property stipulated that the land had to remain a golf course until 2067 unless 75 percent of the 146 homeowners living directly on the course agreed to remove it. Signatures of 123 ring homeowners were presented to commissioners, and the covenant, like the once-popular golf club, was history.

“We are disgusted, but our fight is not

Read More

New owner for failed Bella Vista Homes development looks to rebuild

The failed Bella Vista Homes development in Tauranga.


The failed Bella Vista Homes development in Tauranga.

The defective Bella Vista Homes properties that cost Tauranga ratepayers $14.2 million to buy out have been sold to a local developer.

The sale of the 22 properties on Lakes Boulevard and Aneta Way to Classic Group marks the end of the costly saga which began in late 2017 as Bella Vista Homes went into liquidation, leaving houses unfinished. Issues around absent or inadequate retaining walls made many of the homes potentially dangerous.

In March 2018 the houses were evacuated as cyclone Hola headed towards Tauranga. Subsequently, building defects were discovered despite some houses having already being issued code compliance certificates.

Ratepayer costs have continued to mount with the council wearing the cost of demolition and a legal case against Bella Vista Homes director Danny Cancian.

* Bella Vista Homes director claims ‘council took all the money’
* The

Read More

Jules Trump talks South Florida luxury tower development in TRD’s Coffee Talks Jules Trump on Coffee Talks Video

In excess-loving South Florida, there’s always room for more — more mansions on the waterfront, more luxury penthouses, and more Trump.

TRD‘s latest episode of Coffee Talk includes just one Trump. Not Donald, not Eric or Don Jr., but one whose name South Florida industry experts know just as well — South African-born developer Jules Trump.

Though he bears no relation to the White House occupants, Trump is the leader of the similarly named Trump Group.

“At one point, when we were getting quite a lot of publicity because of some public companies we’d acquired, I think Donald got quite upset about it and instituted the lawsuits trying to prevent us from using the Trump name in business,” he explained. “There were five lawsuits. We won in the lawsuits and eventually we worked it out.”

In this interview, he spoke to The Real Deal publisher Amir Korangy about getting

Read More

Newport Beach developer seeking to buy Sonoma County’s Chanate Road property quiet about development plans

The Southern California company at the center of Sonoma County’s latest effort to sell its former hospital site along Chanate Road specializes in multipurpose development, and brings a group of real estate heavy hitters with a track record of major builds.

Sonoma County supervisors on Oct. 13 selected Newport Beach-based Village Partners’ $7.8 million bid to buy the county’s 72-acre Chanate Road property, setting in motion a 60-day period to review the details. Barring unforeseen circumstances, both sides have circled Dec. 31 as the date to close the deal for the property to finally change ownership.

However, for a county that has faltered amid negotiations to offload the property to three previous potential buyers, the deal seems far from done, especially, some local leaders said, given Village Partners’ unfamiliarity with the problematic property.

This costly site to maintain in northeast Santa Rosa largely has been abandoned and one that county

Read More

Dwell Development brings cutting-edge sustainability, and a reverence for preservation, to its renovation of 3 classic Seattle homes

SHAME ABOUT SEARS. Things were going so well there for a while — like way back in the early 1900s, when Sears, Roebuck and Co. sold houses. Whole houses. In kits. Through that fabled catalog. Meaning: Home sweet home — from the nails to the pipes to the siding — arrived in boxes. Major assembly required.

And you thought that Ikea bookcase was tough.

The Backstory: Dwell Development adds a sepia tinge to its groundbreaking green catalog

Sears sold 70,000 or so of those so-called Modern Homes — all with high-quality materials and, clearly, excellent instructions: An estimated 70% of them are still standing. Meaning: There are more active Sears kit houses these days than there are active Sears stores.  

Mar Gonzalez and Adam Sedo live in one of the oldest (and, likely, most active, considering they have a 2-year-old son). It’s a lovely, sturdy specimen of Sears Roebuck Modern

Read More

Development begins on first of 2,500 new homes in Nexton’s Midtown near Summerville | Real Estate

SUMMERVILLE — One of the Charleston region’s megadevelopments is moving into its next phase where 2,500 new homes will be built.

Nexton, on the edge of Summerville in Berkeley County, is now offering presales for the first homes that will be available early next year in the 1,000-acre Midtown part of the 5,000-acre development.

The new community in Nexton, which is between Interstate 26 and U.S. Highway 176, will feature single-family homes, townhomes and apartments as well as retail shops and restaurants.

Nexton Midtown

The next phase of the 5,000-acre Nexton megadevelopment in Berkeley County will be Midtown, shown here on the eastern side of the map near U.S. Highway 176. Midtown will have about 2,500 homes at full buildout while Nexton will have 7,000 residences altogether. Provided/Nexton

Nexton Midtown closeup

Midtown is the next phase of development now ready to begin selling homes in the 5,000-acre Nexton community in Berkeley County. At full

Read More


Los Angeles, CA, Oct. 23, 2020 (GLOBE NEWSWIRE) — KRONOS ADVANCED TECHNOLOGIES, INC., (OTC MARKETS: KNOS) (“KNOS” or the “Company”), a revenue-generating, product development and production company that has significantly changed the way air is moved, filtered and sterilized today announced the Company was selected by FMB Development Group – one of Southern California’s most dynamic and community-oriented developers of luxury residential real estate to provide  air purification units for all their real estate projects in California.  FMB Group’s initial purchase was designed to prepare to provide air purification to all of its residential units.

“We’re pleased to be chosen by FMB Development to test purchase our air purifiers and in the future provide every home, apartment office being built by them so that families and the community can live in safer environments,” said Michael Rubinov, Kronos President and BDO.

“The decision to partner with Kronos was made in order

Read More

Neonode Enters Prototype Development Agreement with Leading U.S. Defense Contractor

STOCKHOLM, SWEDEN, Oct. 23, 2020 /PRNewswire/ — Neonode Inc. (NASDAQ: NEON) is pleased to announce that it has signed an agreement with a leading U.S. defense contractor to develop prototypes of novel touchscreen technology for aerospace and defense applications. This is the first project with a defense contractor that Neonode engages in and a direct result of executing on the new business strategy that the company has decided on for its business area HMI Solutions.

“I am extremely proud of the focused effort of our HMI Solutions team to secure this business and we are looking forward to building and delivering this mission-critical technology. Our customer is an agile and innovative global technology corporation and we see potential to expand our business with them significantly in the coming years. We also know that working on demanding aerospace and defense applications will give positive impact also on broader commercial applications,

Read More

State Fairgrounds Development Coalition files lawsuit against city of Detroit over Amazon land deal

The State Fairgrounds Development Coalition on Tuesday sued the city of Detroit in an attempt to halt its proposed sale of the largely vacant site to developers for a $400 million Amazon.com Inc. facility.

The group has railed against the deal, which Detroit City Council approved Tuesday and is expected to close next Friday. In the lawsuit filed in Wayne County Circuit Court, it alleges that the city, Mayor Mike Duggan and other officials violated local law by failing to abide by Detroit’s community benefits and outreach ordinances before selling the land.

Tonya Myers Phillips, a coalition steering committee member and attorney with the Sugar Law Center in Detroit, filed the lawsuit on behalf of the coalition and its co-chairs, Frank and Karen Hammer. The group had been pushing for a grassroots, publicly usable redevelopment of the fairgrounds site for eight years.

In the land purchase that City Council approved

Read More