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Colorado Springs 27-Story Tower Nears Launch

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What Is One Vela in Colorado Springs? One Vela is a proposed 27-story mixed-use tower in downtown Colorado Springs, planned for the former Capco Tile Showroom site at 30 Sawatch St. The project would become the city’s tallest building if completed. It is planned to deliver about 589,000 gross square feet on a one-acre site. City Council approved the project in a 6-1 vote, clearing the way for construction . Residential and Commercial Scale One Vela combines 400 residential units with ground-level retail and structured parking. The housing mix includes one-bedroom, two-bedroom, and penthouse layouts. Large projects like this are launching as U.S. housing markets contend with buyer sentiment shifts tied to affordability pressures and higher interest rates. Its residences are designed with modern finishes and mountain views toward Pikes Peak and the Front Range. The plan emphasizes housing density to add hundreds of homes while supporting urban living with premium amenities. The base is ...
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Saint Cloud Landmark Revival Ends Long Vacancy

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What the St. Cloud Church Is Becoming After roughly 12 years of vacancy, the former Methodist church at 302 5th Avenue South is being transformed into a 48-bed inpatient and outpatient recovery center in St. Cloud, Minnesota. The 15,303-square-foot adaptive-reuse renovation is being led by Nelson Construction and Development, with Ascension Recovery Services as the operating partner. City approvals and adaptive-reuse permits have cleared the way for conversion of the education wing and congregation hall. The facility will offer walk-in assessments alongside detox, residential treatment, and outpatient therapy. Physical and Civic Shift Exterior work includes new windows, tuckpointing, a full roof replacement, plus landscaping, patios, and walkways. The redesign marks a visible shift from a long-idle landmark to an active care campus. Similar recovery efforts elsewhere have been shaped by rising disaster pressures and housing assistance programs for displaced residents. The project is ...
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New York Luxury Development Market Catches Fire

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Manhattan Luxury Development Hits Q1 Records Scarcity defined Manhattan’s luxury new development market in the first quarter of 2026. Record contract activity collided with the thinnest high-end supply seen in years. Similar to San Francisco’s recent record sale benchmark , the surge highlighted how landmark luxury deals can reset expectations across top-tier markets. Fifty-six contracts above $10 million marked the strongest quarter in a decade. Deals above $20 million jumped 140 percent from a year earlier. Luxury demand accounted for 55 percent of total new development contract volume across Manhattan, Brooklyn and Queens in the quarter. Total sales volume reached $6.2 billion. The average luxury home price set a record at $10.3 million. Supply conditions deepened the imbalance. Only 81 new development units launched, about 75 percent below the ten-year first-quarter average. Available new development inventory fell below 3,000 units for the first time since 2014. The drop undersco...
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Tallahassee Land Clearout Signals Retail Shift

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Why This Tallahassee Land Clearing Matters At the outset, land clearing in Tallahassee signals more than basic site cleanup, because it marks the first controlled step in preparing property for construction or agricultural use. It involves removing trees, stumps, brush, rocks, and other barriers while following local and state rules. That process matters because proper clearing improves safety, supports orderly development, and limits harm to sensitive land. In North Florida, erosion control is especially important because sandy soils and heavy rains can quickly destabilize freshly cleared sites. Regulatory and Environmental Stakes Permits and site evaluations help identify wetlands, protected habitats, water resources, and wildlife corridors before work begins. Clear plans and compliance checks also reduce stormwater problems, protect neighboring properties, and support community health. Similar planning in Boynton Beach has supported projects like the Cottage District , which turns ...
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Miami Presidential Lot Sells for $42M

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How the Miami Library Lot Changed Hands In a rapid and closely watched sequence, Miami Dade College trustees voted unanimously on September 23 to transfer 2.63 acres of downtown land to the state of Florida. The parcel, a former parking lot near Freedom Tower, Biscayne Boulevard, and the waterfront, had been assessed at more than $67 million. The board approved the transfer at a special meeting that was not live-streamed . Nearby, Flow advanced its Miami River megaproject , a mixed-use development valued at about $525 million. Ownership moved to a state fund overseen by Governor Ron DeSantis and the Florida Cabinet. Court Challenge and Reversal An activist sued, alleging Sunshine Law violations tied to inadequate public notice and board ethics concerns surrounding the donation vote. Judge Mavel Ruiz temporarily blocked the transfer, finding the college likely failed to give sufficient notice for a decision involving public land. Two later rulings lifted the injunction and dismissed the...
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Texas Ghost Town Site Sparks Master-Plan Bet

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Which Texas Ghost Town Is Being Redeveloped? Lobo is the Texas ghost town now under redevelopment consideration. It sits in the remote high desert northwest of Marfa, and its owners are moving to sell the entire 10-acre property. In West Texas, Lobo has become one of the clearest examples of a ghost town entering the market with redevelopment potential. The site is about an hour from Marfa, making that proximity part of its appeal despite the area’s isolated rural setting. Marfa’s artistic influence has helped fuel a regional expansion of revival into nearby communities. Sale Status The owners publicly listed the entire town for $100,000. They also set a firm June 24 bid deadline. Similar niche-property interest comes as some housing markets face limited inventory and intense buyer competition. An open house was scheduled for Memorial Day weekend. That gave potential buyers a chance to inspect the property before submitting bids. Why Lobo Matters Current discussions focus on Lobo red...
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Detroit Redevelopment Wave Leaves Buildings Waiting

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What’s Happening With Detroit Redevelopment Now? Accelerates is one way to describe Detroit’s redevelopment cycle in early 2026, as state-backed funding, major housing construction, and high-profile infrastructure projects move forward across multiple districts. Governor Whitmer highlighted two redevelopment efforts backed by the bipartisan Revitalization and Placemaking program and the Build MI Community Grant initiative. Together, these programs support residential growth in Brush Park and mixed-use rehabilitation in Mexicantown. Major residential activity also continues elsewhere, including projects like Hudsons Site, Book Tower, and Michigan Central Station that reinforce the city’s broader mixed-use momentum . They also signal continued public involvement in reshaping long-idled property. Public Oversight Intensifies Combined investment across active redevelopment efforts now reaches several billion dollars. That scale increases pressure for funding transparency as public agencies...
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