Developers have confirmed the signing of leases for the last two commercial plots at the Bay Meadows site in San Mateo. This announcement marks the final stages of a massive 20-year project. Once a horse racing track, the area has been overhauled into a modern community featuring housing, commercial offices and public green spaces. The site now encourages walking and public transport use for commuters.
UAE developer Arada has reached a significant construction milestone by appointing Engineering Contracting Co. (LLC) as the main contractor for the W Residences at Dubai Harbour. The AED1.55 billion agreement covers the delivery of all three luxury towers within the waterfront development. With preliminary works already in progress, the project is set to provide 490 branded homes alongside a suite of high-end amenities.
M&G Real Estate has entered into a joint venture with BlueRock Group to expand a residential portfolio in Berlin. The partnership involves a total investment of €47 million to modernise existing buildings and construct 75 new apartments. This move aims to address the severe housing shortage in some of the most popular districts in the German capital.
Harris County has approved the 83-acre Toro District in Bridgeland. This public-private partnership with the Houston Texans and Howard Hughes Communities includes a 22-acre team headquarters and training facility. The project features $150 million in infrastructure funding and aims to generate $34 billion in economic impact. Moving from NRG Stadium, the Texans seek a world-class environment for operations while providing new jobs and community resources for the growing northwest Houston corridor.
Alramz Real Estate has entered into a SAR 91 million agreement with PIF-owned ROSHN Group to develop two residential plots in Riyadh. Spanning 14,128 sqm within the SEDRA community, the project will deliver an estimated 240 new homes. This strategic deal includes all design and construction works, following the high standards of the ROSHN masterplan. The project is expected to boost Alramz’s financial performance through 2028.
Alramz Real Estate has entered into a SAR 91 million agreement with PIF-owned ROSHN Group to develop two residential plots in Riyadh. Spanning 14,128 sqm within the SEDRA community, the project will deliver an estimated 240 new homes. This strategic deal includes all design and construction works, following the high standards of the ROSHN masterplan. The project is expected to boost Alramz’s financial performance through 2028.
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