The real estate recovery will continue to move forward in 2013 but slowly. Global economic turmoil will restrain confidence but overpriced core markets will begin to drive interest in strong secondary markets. Most locations can still not support commercial construction because of the weak tenant demand and employment outlook. Multifamily development remains the only strong sector but is expected to be peak in 2014-2015.
Posts from the ‘Urban Life’ Category
On the heels of an international ULI award, a private tour of The Duke Energy Center (part of the larger Levine Center for the Arts) revealed its impressive sustainability features, forefront design, modern office environments and leading edge cultural facilitates. Currently, Wells Fargo is building out the interior of 240,000 square feet for the trading operations located in Charlotte. The four floors are interconnected and include bright, modern, open trading floors, and sophisticated office and meeting spaces, rivaling those in any financial district in the world.
There were a lot of great points made about the changing real estate environment - below are a few which stuck out to me.
Traditional practices and conventions are being challenged more than ever;
The idea of Collaborative Consumption and its impact on real estate - Collaborative Consumption describes the rapid explosion in traditional sharing, bartering, lending, trading, renting, gifting, and swapping reinvented through network technologies on a scale and in ways never possible before...
The streets of Boston in the Back Bay area are energized by restaurant and bar goers, shoppers and residents throughout the day and into the night. The place is alive everywhere you look and the streets are clean, safe and inviting. The Newbury Street retail scene is incredibly vibrant and is of the best of its kind anywhere in the world.
South End Food Truck Rally tonight 5-9 PM across from Phat Burrito!
Just a reminder that tonight is the Food Truck Rally at the corner of Camden and Park Ave. We have an awesome menu in store for those of you who come and join us. It’s looking like there will be a good crowd tonight since there is also the Southend Gallery Crawl and they are offering free shuttles. The rally is from 5pm-9pm and you are able to buy beer or wine at The Common Market across the street. I hope to see many of you there to start off your holiday weekend!
Friday Night Menu
Food Truck Rally
Local Sugar Cured Bacon Wrapped Meat Ball Slider
Amatriciana Sauce and Shaved Parmesan on Mini Nova’s Boli Roll
Southern Fried North Carolina Oyster
Pickled Strawberry and Sweet Onion Chutney Drizzled with Lemon Aioli on Mini Nova’s Bolio Roll
NC Smoked Trout Rillete
Grilled Baguette with House Made Cracklins, Dill…
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