Page 17 - Douglas Development News Today

D.C. developer gets last-minute pardon from Trump Jonathan OConnell, The Washington Post Jan. 20, 2021 FacebookTwitterEmail Douglas Jemal, founder and president of Douglas Development, photographed in Washington on August 24, 2017.Washington Post photo by Marvin Joseph Cowboy boot-wearing Washington D.C. real estate magnate Douglas Jemal was among those pardoned by President Donald Trump late Tuesday, absolving him of a 2007 conviction for wire fraud. Jemal, 79, is one of the most influential ...

Soaring Downtown Office Vacancies Pushing Developers Toward Apartment Conversions The strategy of converting office buildings to residential has taken off in the suburbs and in some of D.C.s emerging submarkets, but it has been difficult for developers to make conversion projects work in the citys central business district.  That dynamic appears to be changing, some developers and experts say, as the elevated office vacancy in the downtown market makes...

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Let’s Go Buffalo: 40-foot-long pennants adorn Seneca One Tower Oxford Pennant, Ace Flag, and M&T Bank decided the best way to celebrate the Bills being atop the AFC East was with pennants atop Buffalos tallest building. Author: WGRZ Staff Updated: 7:08 PM EST January 2, 2021 BUFFALO, N.Y. — If youre driving or walking around downtown Buffalo, you might notice the citys tallest building has some new decor. There are four giant 40-foot-long pennants adorning Se...

Richmond development roundup for 2020 December 29, 2020 A rendering of the planned 7-story Soda Flats development next to the Hofheimer building in Scott’s Addition. ( Courtesy city documents) Pandemic be damned, the COVID-fueled economic downturn didn’t seem to slow down development interest in the Richmond region in 2020. Here’s a recap of some of the biggest projects that made headlines in Richmond this year: Greater Scott’s Addition The intersection of Ownby Lane and Overbrook Road...

Share A joint venture between MC Real Estate Partners (MCRE) and an international family office has acquired 1000 F Street in Washington D.C.’s East End submarket from Douglas Development in a transaction valued at approximately $106 million. The deal marks the second D.C. area acquisition for the recently formed MCRE, whose founders Andy Nathan and Steve Grant have been active in the Washington market for the past 25 years. The fully leased 95,000 s/f property was completed in 2017, ...

/ Seniors have begun moving in to the Guardian Angel Villa apartments in the Steele Creek area. A new $14 million affordable apartment complex opening this week in south Charlotte will provide 81 units for senior citizens at below-market rents. Guardian Angel Villa is a partnership between the Catholic Diocese of Charlotte Housing Corp. and private developers Douglas Development and Schaumber Development. The three-story building was built on 20 acres the diocese owns on South Tryon Street in ...

Share this article NEW YORK, Dec. 17, 2020 /PRNewswire/ -- A joint venture between MC Real Estate Partners (MCRE) and an international family office has acquired 1000 F Street in Washington D.C.s East End submarket from Douglas Development in a transaction valued at approximately $106 million. The deal marks the second D.C. area acquisition for the recently formed MCRE, whose founders Andy Nathan and Steve Grant have been active in the Washington market for the past 25 years. 1000 F Street W...

Affordable housing project available for seniors in Steele Creek The three-story apartment building on South Tryon Street will provide 81 apartments for seniors who cant afford housing in Charlotte. Author: Natalie Ridley (WCNC), Blair Shiff (WCNC) Published: 2:49 PM EST December 17, 2020 Updated: 3:27 PM EST December 17, 2020 CHARLOTTE, N.C. — Charlottes newest affordable housing complex opened this week with 81 apartments available at below-ma...