Skidmore, Owings & Merrill

Monarch Private Capital Finances the Rehabilitation of Historic Landmark in New Orleans

Retrieved on: 
Monday, February 26, 2024

Monarch Private Capital provided tax credit equity in conjunction with federal historic tax credits associated with the property.

Key Points: 
  • Monarch Private Capital provided tax credit equity in conjunction with federal historic tax credits associated with the property.
  • This historic landmark will be repurposed into two hotel properties, including the illustrious Fairmont New Orleans , commercial space and parking.
  • We are thrilled to be part of this project that will set a new standard of excellence in the heart of New Orleans."
  • For more information on Monarch Private Capital and its impact investment funds, please email Rick Chukas at [email protected] .

Soloviev Group Signs Tikehau Capital to Long Term Lease at 9 West 57th Street

Retrieved on: 
Thursday, March 7, 2024

This long-term lease marks a major milestone for Stefan Soloviev, chairman of the Soloviev Group, who predicted the building would reach full occupancy during a live interview less than a year ago.

Key Points: 
  • This long-term lease marks a major milestone for Stefan Soloviev, chairman of the Soloviev Group, who predicted the building would reach full occupancy during a live interview less than a year ago.
  • “It just goes to show you that we have something special going on at 9 West 57th Street.
  • I truly believe that 9 West 57th Street is the best commercial building in the world.
  • 9 West 57th Street, which is owned and managed by the Soloviev Group, also serves as its corporate headquarters.

Landmarks Illinois announces 2023 Most Endangered Historic Places in Illinois

Retrieved on: 
Thursday, May 4, 2023

CHICAGO, May 4, 2023 /PRNewswire/ -- Landmarks Illinois has announced its 2023 Most Endangered Historic Places in Illinois , calling attention to nine culturally and architecturally significant sites across the state that face growing threats of disinvestment and demolition.

Key Points: 
  • CHICAGO, May 4, 2023 /PRNewswire/ -- Landmarks Illinois has announced its 2023 Most Endangered Historic Places in Illinois , calling attention to nine culturally and architecturally significant sites across the state that face growing threats of disinvestment and demolition.
  • "Our 2023 Most Endangered sites show willful disregard for the proven environmental, social and economic benefits of reusing historic buildings," said Bonnie McDonald, President & CEO of Landmarks Illinois.
  • The 2023 Most Endangered sites are located in the following counties: Alexander, Coles, Cook, DuPage, Kane, Lake, McHenry and St. Clair.
  • A digital press packet, which includes local contacts for each endangered property, is also available at our website.

SL Green Completes $500 Million Refinancing of 919 Third Avenue

Retrieved on: 
Wednesday, April 26, 2023

“We are pleased to have secured this refinancing for 919 Third Avenue, which reaffirms the liquidity in the market for high quality assets with high quality sponsors,” said Harrison Sitomer, Chief Investment Officer of SL Green.

Key Points: 
  • “We are pleased to have secured this refinancing for 919 Third Avenue, which reaffirms the liquidity in the market for high quality assets with high quality sponsors,” said Harrison Sitomer, Chief Investment Officer of SL Green.
  • “919 Third Avenue is an ideal candidate for refinancing given the preeminent asset quality, core tenant base and respected sponsorship,” said Doug Traynor, CEO of Aareal Capital Corporation.
  • Designed by the internationally renowned architecture firm Skidmore, Owings & Merrill, 919 Third Avenue has a commanding presence within the Midtown East neighborhood.
  • 919 Third Avenue is 80 percent leased and home to several notable tenants such as Bloomberg L.P, Shulte Roth & Zabel LLP, and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

Thor Equities Group and Quadreal Announce Long-Term Lease with Amorino Gelato Al Naturale at 800 Fulton Market

Retrieved on: 
Tuesday, April 25, 2023

Chicago, April 25, 2023 (GLOBE NEWSWIRE) -- Chicago – Global real estate leaders and joint venture partners Thor Equities Group and QuadReal, are pleased to announce a fifteen-year lease with famed international gelato boutique, Amorino Gelato Al Naturale, at 800 Fulton Market.

Key Points: 
  • Chicago, April 25, 2023 (GLOBE NEWSWIRE) -- Chicago – Global real estate leaders and joint venture partners Thor Equities Group and QuadReal, are pleased to announce a fifteen-year lease with famed international gelato boutique, Amorino Gelato Al Naturale, at 800 Fulton Market.
  • At the corner of West Fulton and North Green Streets,  Amorino Gelato will occupy 1,750 square feet and benefit from 32 feet of frontage on W. Fulton Market.
  • Designed by Skidmore, Owings & Merril, 800 W. Fulton features a striking façade with outdoor, landscaped terraces and an iconic x-brace design and panoramic floor-to-ceiling windows.
  • “We are thrilled Amorino Gelato has selected 800 W. Fulton for their second location in Chicago.

TRANSFORMATIONAL KANSAS CITY INTERNATIONAL AIRPORT NEW TERMINAL OPENS, BRINGS ENHANCED AIR TRAVEL EXPERIENCE TO THE REGION

Retrieved on: 
Monday, February 27, 2023

KANSAS CITY, Mo., Feb. 27, 2023 /PRNewswire/ -- On February 28, first flights will depart from the new single terminal at Kansas City International Airport, marking the end of a five-year development, design, and construction effort and ushering in a new era of air travel in the region. The 1.1 million-square-foot, design-build project, developed by Edgemoor Infrastructure & Real Estate and constructed by a joint venture team led by Clark Construction Group, and including The Weitz Company, and Clarkson Construction Company (CWC), was delivered ahead of schedule and on budget while providing a significant economic boon to the local community.

Key Points: 
  • The result is a modern, convenient, sustainable, and inclusive facility that is uniquely Kansas City and meets the diverse needs of travelers in the region.
  • Designed to showcase Kansas City's authentic culture and heart, the terminal features nearly 50 local and global eating and shopping experiences with 80% of the brands represented from the Kansas City region.
  • At $1.5B, the new terminal is the largest single infrastructure project in Kansas City history.
  • We are honored to have delivered this transformative project to meet the evolving needs of the region."

Prometheus Materials secures multiple ASTM certifications, bringing initial production into full-swing

Retrieved on: 
Tuesday, February 7, 2023

Prometheus Materials, a leader in sustainable building materials, has achieved foundational certifications ASTM C129 for nonloadbearing CMUs and ASTM C90 for loadbearing CMUs for its bio-cement, providing the company with prominent recognition as it launches production.

Key Points: 
  • Prometheus Materials, a leader in sustainable building materials, has achieved foundational certifications ASTM C129 for nonloadbearing CMUs and ASTM C90 for loadbearing CMUs for its bio-cement, providing the company with prominent recognition as it launches production.
  • View the full release here: https://www.businesswire.com/news/home/20230207005290/en/
    Prometheus Materials’ ASTM-certified ultra low-carbon CMU (Photo: Business Wire)
    Prometheus Materials provides the construction industry with a sustainable alternative to carbon-intensive portland cement.
  • In contrast to traditional portland cement, Prometheus Materials' microalgae-based bio-cement emits little-to-no CO2 and recycles 95% of the water used during its production.
  • Prometheus Materials provides sustainable building materials that accelerate the world’s transition to a carbon-negative future.

Prometheus Materials Appoints Vishaan Chakrabarti to Board of Directors

Retrieved on: 
Thursday, January 12, 2023

Prometheus Materials, a leader in sustainable building materials, today announced the appointment of Vishaan Chakrabarti , FAIA FRAIC, to its Board of Directors.

Key Points: 
  • Prometheus Materials, a leader in sustainable building materials, today announced the appointment of Vishaan Chakrabarti , FAIA FRAIC, to its Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20230112005190/en/
    Vishaan Chakrabarti, FAIA FRAIC – Founder and Creative Director of Practice for Architecture and Urbanism (PAU) – joins the Prometheus Materials Board of Directors.
  • “We are thrilled to welcome Vishaan to our board,” said Loren Burnett, President and CEO of Prometheus Materials.
  • “Joining Prometheus Materials’ board feels like a natural extension of the mission of my life’s work,” said Chakrabarti.

Spark Design Award Winners Announced

Retrieved on: 
Thursday, December 15, 2022

NEW YORK, Dec. 15, 2022 /PRNewswire/ -- Professional Designers and Students alike submitted their best work in hopes of winning a coveted Spark Award. Hundreds of designers from top brands including Philips, Dell, IBM, HP, Intuitive Surgical, Skidmore, Owings & Merrill, PepsiCo, Samsung, Yamaha and the world's leading design schools went head to head in the highly competitive 2022 Spark Design Awards. Juries took place via live interactive telecasts in June, November and December, with jurors from around the world.

Key Points: 
  • 16th Annual Competition Awarded 89 Platinum, Gold, Silver and Bronze Winners Selected By Prestigious International Jury
    NEW YORK, Dec. 15, 2022 /PRNewswire/ -- Professional Designers and Students alike submitted their best work in hopes of winning a coveted Spark Award.
  • Hundreds of designers from top brands including Philips, Dell, IBM, HP, Intuitive Surgical, Skidmore, Owings & Merrill, PepsiCo, Samsung, Yamaha and the world's leading design schools went head to head in the highly competitive 2022 Spark Design Awards .
  • Jurors worked in a multi-disciplinary process with experts from each design discipline guiding discussions.
  • Along with many highly qualified shortlisted finalists, the winners are featured and viewable at the Spark Galleries and exhibited to thousands of visitors at international design fairs and conferences.

coUrbanize and MARTA Launch Engagement Platform For $200-Million Transformation of Five Points Station

Retrieved on: 
Wednesday, November 16, 2022

ATLANTA, Nov. 16, 2022 /PRNewswire/ -- coUrbanize , a technology company that specializes in community engagement for development, has partnered with the Metropolitan Atlanta Rapid Transit Authority (MARTA) to launch a community engagement platform for the approximately $200-million transformation of Five Points Station, the largest and busiest station in the MARTA system.

Key Points: 
  • ATLANTA, Nov. 16, 2022 /PRNewswire/ -- coUrbanize , a technology company that specializes in community engagement for development, has partnered with the Metropolitan Atlanta Rapid Transit Authority (MARTA) to launch a community engagement platform for the approximately $200-million transformation of Five Points Station, the largest and busiest station in the MARTA system.
  • A dedicated coUrbanize website, at www.FivePointsTransformation.com , is serving as a focal point for public information and dialogue.
  • MARTA and its project team, led by architecture firm Skidmore, Owings & Merrill (SOM), will incorporate the feedback into upcoming phases of design.
  • "This is our second project with MARTA," notes Karin Brandt, CEO and founder of coUrbanize.