A new 25-storey mixed-use development is set to rise in Chicago's Loop following the selection of the ACōDA project by city officials. Led by DL3 Realty, the $162.2 million tower at 331-35 S. Plymouth Court will provide 300 homes, with 20% reserved for affordable housing. Mayor Brandon Johnson hailed the scheme as a vital step in tackling the city's housing shortage while providing residents with better access to transit and jobs.
Egypt has secured partnerships with US, UK and French firms for the $1 billion Mont Galala project in Ain Sokhna. The development features 10 towers and a 150-berth marina. Construction begins in late 2026 with a seven-year completion timeline. The project aims to establish the Red Sea coast as a global hub for yacht tourism and international conferences through sustainable, mixed-use infrastructure and world-class hospitality.
Devonport City Council has unveiled the Formby Road Urban Renewal Study, identifying two major CBD sites for private development. Part of the LIVING CITY project, the plan proposes high-end apartments and commercial offices to replace existing car parks. By creating a new urban plaza and improving pedestrian links to the Mersey River, the council aims to boost footfall for local retailers and meet growing demand for inner-city living.
Marriott Bonvoy has expanded its footprint in Greater China with the launch of Artik Suzhou, Apartments by Marriott Bonvoy. This opening represents the brand's first entry into the Asian market. The suites are designed for longer stays, featuring full kitchens and laundry facilities. It sits within the China Central Place complex, providing guests with proximity to major cultural landmarks and high-speed rail links to Shanghai.
A new community destination named BAY360 is coming to Jumeirah Lakes Towers, featuring a flagship Spinneys supermarket and a variety of waterfront dining options. Developed by DMCC and Sweid & Sweid, the project aims to improve the liveability of the district through better pedestrian access and modern lifestyle amenities. Scheduled for completion in 2027, the hub will occupy part of Lake D and include essential medical services and rooftop sports facilities.
Sun Group has officially broken ground on a massive 5-star "hotel city" in Phu Quoc to prepare for the APEC 2027 Summit. The developer intends to finish the project in just 18 months, adding 12,000 rooms and serviced apartments to the island. This development includes 15 beachfront hotels and a major shopping centre managed by Lotte. International brands such as Marriott, Hilton and Accor are all signed on to manage the new luxury sites.
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