News & Analysis as of

Urban Planning & Development Commercial Real Estate Market

Venable LLP

District of Columbia Establishes New Tax Incentives for Office Repositioning in Downtown

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On June 25, 2024, the D.C. Council passed the Downtown Activation Conversion Program Amendment Act of 2024, in a strategic effort to revitalize the downtown area—including portions of Dupont Circle, West End, Foggy Bottom,...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (5/29/24) – Megaprojects on the Rise, Agency Guidance for CRE, and an Upbeat Forecast for...

In our latest roundup, summer travelers seek alternative lodging options, purpose-built wellness real estate investments grow, bonds backed by CRE debt hit are hit with losses, and more!...more

Shutts & Bowen LLP

Orange County Proposes Temporary Suspension Ordinance on New Development Applications

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Orange County (the “County”) proposed a Temporary Suspension Ordinance (the “Ordinance”) which would defer decisions on development applications within the County’s unincorporated areas....more

Holland & Knight LLP

New Programs Designed to Assist Production of Housing in New York City

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The adopted 2024-2025 budget for New York state includes the enactment of two programs intended to assist the production of housing in New York City: the Affordable Neighborhoods for New Yorkers Program (ANNYP) to replace the...more

Nossaman LLP

Construction & Claims: March 2024

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Welcome to Construction & Claims, a periodic digest of the headlines, statutory and regulatory changes and court cases involving construction news, claims, bid protests, contract administration and payment-related disputes....more

Parker Poe Adams & Bernstein LLP

District of Columbia Lays Groundwork for Office to Residential Building Conversions Through Tax Abatement Program

Earlier this month, the District of Columbia’s Office of the Deputy Mayor for Planning and Economic Development (DMPED) issued proposed rules that lay the groundwork for a competitive process to provide gap financing of...more

Venable LLP

Arlington Board’s Changes to Approval Practices Will Impact Arlington Commercial Real Estate

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In February 2024, the Arlington County Board is expected to advertise significant changes to Arlington planning and zoning approval practices. In the second phase of the Commercial Market Resiliency Initiative (CMRI), the...more

Partridge Snow & Hahn LLP

Downtown Office Conversion

“Your success in life isn’t based on your ability to simply change. It is based on your ability to change faster than your competition, customers and business.” — Mark Sanborn. This past July, Boston Mayor Michelle Wu,...more

Perkins Coie

San Francisco Adopts Ordinance To Facilitate the Conversion of Office Buildings to Housing

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In downtown San Francisco, office vacancy has skyrocketed as hybrid work has transformed the way in which employers and employees use office space. This, in turn, has decreased activity downtown, negatively impacting the...more

Shutts & Bowen LLP

The Live Local Act Part 2 - Affordable Housing Incentives

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The shortage of affordable housing in Florida has been building for many years. Within a time span of 2 years, median rental prices in Florida increased over 30 percent and now the shortage of affordable housing has reached...more

DarrowEverett LLP

Livin’ La Vida Loca: Florida’s Radical Overhaul of Commercial Zoning Incentivizes Developers

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The “Live Local Act," recently signed into law by Florida Gov. Ron DeSantis, provides unprecedented incentives for developers to build affordable housing. With access to low-interest loans and tax credits, the ability to...more

Allen Matkins

Repurposing San Francisco Office Buildings for New Housing

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New legislation recently introduced by San Francisco Mayor Breed and Supervisor Peskin, is aimed at revitalizing commercially-zoned properties in the greater downtown area. The intent of the legislation is to “address twin...more

Pillsbury - Gravel2Gavel Construction & Real...

Adaptive Reuse: Creative Reimagining of Former Office Space to Address Differing Demands

Empty office buildings downtown. A housing shortage in almost every major market. Is there a way to address both issues at once by converting historic but underutilized office buildings into apartments and condos in city...more

Allen Matkins

Sustainable Development and Land Use Update - August 2022 #2

Allen Matkins on

State launches review of San Francisco’s housing approval practices Bullet SFGate – August 9 The California Department of Housing and Community Development (HCD) is launching an unprecedented review of San Francisco's housing...more

Allen Matkins

Multi-Year Optimism Continues for Growing Industrial Market

Allen Matkins on

Let's face it, industrial and commercial space is expensive to own or rent. There simply isn't enough square footage to meet the needs of the people, companies, and industries that need direct access to offices and warehouses...more

Kohrman Jackson & Krantz LLP

Downtown vs. Suburban Offices: Commercial Office Space Leasing In A Post-Covid Market

Twenty-seven months ago, we couldn’t begin to comprehend the length or severity of the pandemic, nor its long-term effect on commercial office space. Today it is still not possible to make an accurate prediction, but a few...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Round-Up - March 2022 #4

Office vacancy rates are on the rise, 3D printing technology will be used to build a portfolio of affordable homes, resources from the Biden Administration’s Infrastructure Bill are projected to speed up the creation of...more

Allen Matkins

Strong Fundamentals Lead to Bullish Sentiment About Multi-Family Market

Allen Matkins on

The multi-family panels participating in the Winter 2022 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey predict interest rates will increase faster than inflation and anticipate drops in vacancy...more

Bricker Graydon LLP

Much more than just “drug houses”; State grants to fund commercial building demolition would propel county land banks as key...

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In late April 2021, a legislative committee in the Ohio House held its second hearing to consider creating a $100 million grant program, exclusively for county land banks, to fund commercial building demolition. Ohio’s land...more

Allen Matkins

Multi-Family Market Sentiment Continues to Be Mixed

Allen Matkins on

Multi-family market expectations have improved in Silicon Valley, Orange County, and San Diego, while in the other markets surveyed, panelists do not see 2023 as having higher occupancy and rental rates compared to today,...more

Holland & Knight LLP

California Has New Pathway for Residential Use of Vacant Ground Floor Retail/Commercial Space

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For mixed-use multifamily/commercial buildings, ground floor retail is often sought by urban and city planners to serve the residential uses above and in the surrounding neighborhood, while endeavoring to activate the street...more

Genova Burns LLC

Powerful Redevelopment Tools Afforded to New Jersey Municipalities - Governor Murphy Signs New Bill

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On August 9, 2019, New Jersey Governor Phil Murphy signed bill A1700 into law. The new law provides for the designation of shopping centers and office parks with significant vacancies as properties that qualify as areas in...more

Lowndes

Updates to the City of Apopka Land Development Code

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The City of Apopka has proposed an amendment to the City’s Land Development Code. The Amendments will, among other things, create and consolidate zoning districts, amend the planned development approval procedure and clarify...more

Farrell Fritz, P.C.

Oyster Bay’s Code Provision Linking Building Permits To Qualified Apprenticeship Programs Enjoined

Farrell Fritz, P.C. on

Several Long Island municipalities have local laws that peg the issuance of certain building permits to a requirement that contractors and subcontractors be participants in a “qualified apprenticeship program” that is...more

Holland & Knight LLP

City's General Plan Land Use Policy Survives CEQA Challenge Based on Potential Urban Decay

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• In Visalia Retail, LP v. City of Visalia, the California Court of Appeal has rejected a challenge brought under the California Environmental Quality Act (CEQA) to a land use policy in the City of Visalia's General Plan...more

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