Urban Story Ventures has announced a $350 million retail and residential district for the Bend in Chattanooga, set to begin construction in 2027. Delivered alongside Hill Partners and Perkins&Will, the open-air riverfront scheme will feature shops, restaurants, Class A office space, and housing. The project is projected to generate more than 1,000 jobs and over $100 million in gross sales, with completion expected in autumn 2028.
Marriott International has partnered with Shanghai SIIC North Bund New Landmark Construction and Development Co., Ltd. to introduce the world's first urban Ritz-Carlton Reserve in Shanghai. Set to open in 2030 within a 480-metre high-rise in the North Bund district, the 110-room hotel will make Shanghai the only city to host all eight Marriott luxury brands.
Ayala Land has signed land lease agreements with Makro Philippines to open wholesale stores across four major mixed-use developments. Covering Cloverleaf, Broadfield, Arca South, and Evo City, the deal expands Ayala's partnership with CP Axtra. The structure allows Ayala Land to retain property ownership while generating recurring lease income from high-traffic commercial anchors.
Sun Group and the Nghe An Provincial People's Committee have officially broken ground on an 8,723 billion VND residential, commercial, and service complex in Truong Vinh ward. Spanning 3.7 hectares, the development features five 39-story towers, 3,500 apartments, 30,000 m2 of retail space, and over 10,000 m2 of green areas aimed at transforming central Vinh City's urban infrastructure.
Penta Real Estate has acquired a 50% stake in HoldCo Bubny s.r.o. to lead the transformation of Prague’s Bubny-Zátory site. Partnering with AKIPIA and J&T, the firm will oversee a CZK 90 billion urban development project across 250,000 square metres. Running until 2050, the master plan includes 10,000 homes, office space, schools and public amenities, marking the largest project in Penta’s history.
Huong Viet Properties has teamed up with 32 strategic partners to launch Palm River, a new apartment subdivision within the 30.6-hectare Palm City development in eastern Ho Chi Minh City. Built on a 1.9-hectare plot with 60 percent green space, the complex comprises four 36-story towers. Construction began in June 2026, with handover scheduled for the first quarter of 2029.
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