Nigeria will host the second Renewed Hope Housing PPP Summit this April in Abuja. The event focuses on turning policies into bankable projects through private sector partnerships. High level officials including Vice President Kashim Shettima will discuss financing and risk frameworks. The summit includes a training workshop for developers and seeks to accelerate large scale home construction across the country.
Council officials have greenlit a massive £531 million investment package to upgrade social housing across North Lanarkshire. The five-year plan aims to improve living standards for thousands of tenants by modernising kitchens, bathrooms and windows. A significant portion of the funding is dedicated to energy efficiency to help residents lower their heating costs. The scheme also includes the regeneration of several local estates and the demolition of older properties.
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.
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.
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