Gilbane Development Co News Today

RIPTA board approves a contract for the first phase of a project that would replace the Kennedy Plaza bus hub with a new transit center.

It's a final resting place for Cincinnati's rich and famous. But Uptown neighborhood activists fear Hillside Chapel will be razed for a new student housing development.

Ten years after the development’s groundbreaking, the University of Rochester’s decision to buy the 312,000-square-foot, mixed-use complex gives it local ownership for the first time and an opportunity to build a greater sense of community.

In December, before going out to bid, RIPTA staff estimated the Dorrance Street plan would cost between $200 million and $250 million to build.

The second phase of The Peninsula, a 359-unit fully affordable mixed-use development in New York City, received $297 million in financing.

The Peninsula in Hunts Point will contain five buildings and 740 affordable housing units overall

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Following its first Brooklyn deal, the firm will add a major affordable component for seniors. Tredway is expanding an existing affordable housing community it has purchased in Brooklyn’s Coney Island neighborhood.

The Crossroads Corporate Center office property in Lawrence Township - part of the Princeton submarket - has a new owner.

Eastern Michigan University in Ypsilanti introduced Welcome Home 2025, a plan to invest $200M in the overhaul of on-campus student housing.