Crescent Heights (company)
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Crescent Heights (company)
Crescent Heights, Inc, is an American real estate development company based in Miami, Florida, with offices in Chicago, New York, Los Angeles and San Francisco. The firm specializes in the development of residential and mixed-use properties, office buildings and hotels. The firm is involved in the historic preservation of the Hollywood Palladium in Los Angeles, also developing two 30-story mixed-use buildings surrounding the venue at approximately 350 feet with 731 market-rate residential units and 24,000 square feet of retail space on Sunset Boulevard. The firm is currently developing 600 Alton Road in Miami, expected to have 500 units, 60,000 square feet of commercial space and a 3-acre landscaped public park. History Crescent Heights was co-founded by Sonny Kahn, Russell W. Galbut and Bruce Menin in 1989. Early real estate development projects in Miami Beach, Florida included the Shelborne, the Alexander, the Decoplage, Carriage Club, and the Casablanca. In 1997, The f ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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NEMA (Chicago)
NEMA (Chicago) (also 1210 South Indiana and formerly 113 East Roosevelt or One Grant Park) is a 76-story residential skyscraper in Chicago, Illinois in the Central Station neighborhood, of the Near South Side. The tower, built by developer Crescent Heights, has 800 apartments and rises making it the city's tallest rental apartment building. NEMA is currently the eighth-tallest building in Chicago and the forty first-tallest building in the United States. It is the tallest all-rental residential building in the city. NEMA is designed by Rafael Viñoly as the first of a three phase development that includes an even taller 648-unit structure as the second phase and a 100-unit townhouse development with a public park as the third phase. Building interiors are designed by David Rockwell. History Despite the financial crisis of 2007–08 and the resulting softening market in 2007, Gerald Fogelson, co-chairman and chief executive of Central Station Development Corp., had sought ap ...
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Los Angeles
Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world's most populous megacities. Los Angeles is the commercial, financial, and cultural center of Southern California. With a population of roughly 3.9 million residents within the city limits , Los Angeles is known for its Mediterranean climate, ethnic and cultural diversity, being the home of the Hollywood film industry, and its sprawling metropolitan area. The city of Los Angeles lies in a basin in Southern California adjacent to the Pacific Ocean in the west and extending through the Santa Monica Mountains and north into the San Fernando Valley, with the city bordering the San Gabriel Valley to it's east. It covers about , and is the county seat of Los Angeles County, which is the most populous county in the United States with an estim ...
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Santa Monica Boulevard
Santa Monica Boulevard is a major west–east thoroughfare in Los Angeles County. It runs from Ocean Avenue in Santa Monica near the Pacific Ocean to Sunset Boulevard at Sunset Junction in Los Angeles. It passes through Beverly Hills and West Hollywood. A portion of it is designated as California State Route 2. Route description The western terminus of Santa Monica Boulevard is at Ocean Avenue near the Pacific Ocean. From there until the San Diego Freeway ( Interstate 405), Santa Monica Boulevard is a densely urban commercial street. It assumes the designation California State Route 2 between Centinela Avenue at the Santa Monica–Los Angeles border, and the Hollywood Freeway (U.S. Route 101). The portion between Centinela Avenue and Lincoln Boulevard in Santa Monica was also originally part of California State Route 2. From Centinela Avenue, Santa Monica Boulevard heads northeast through the wealthy areas of West Los Angeles, Westwood, Century City, and Beverly Hills befo ...
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Ten Thousand (Los Angeles)
Ten Thousand is a 40-story residential skyscraper located at 10000 Santa Monica Boulevard in Los Angeles. The high-rise tower, built by developer Crescent Heights and was designed by Handel Architects, opened in 2017 with 283 luxury apartments and a maximum height of 483 feet. As of February 2024, it is the 38th tallest building in Los Angeles. Overview The 2.4-acre lot was occupied by an office building built in 1970, and the site was once home to Jimmy's Restaurant, a popular hangout for celebrities and local politicians. After its demolition in the early 2000s, the site was considered highly valuable and was contested by many developers including Donald Trump. The auction was won by SunCal Cos of Irvine, but the company filed for bankruptcy in 2008. The site was bought for $59 million by Crescent Heights in late 2010. The project was financed by the Bank of China, which lent $390 million in mortgage financing to Crescent Heights. Construction started in 2014 and finished in ...
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NEMA (Boston)
The Metlo Boston (also 399 Congress Street) is a tower in the Seaport area of Boston, Massachusetts. The 22-story mixed-use tower is located adjacent to East Service Road, Congress Street and Boston Wharf Road. The tower has 414 apartment residences, and approximately 2,550 square feet of ground-floor retail. The tower ises 274 feet (83.51 m) when complete in Fall 2019. It is designed by Stantec Stantec Inc. is an international professional services company in the design and consulting industry. The company was founded in 1954, as ''D. R. Stanley Associates'' in Edmonton, Alberta, Canada. Stantec provides professional consulting servi ... and Group One Partners. Amenities include a rooftop terrace with outdoor theater and a heated pool; private movie theater; game room; shared co-working space; fitness center; yoga studio; spa treatment rooms; and a resident lounge. History Boston-based Madison Properties originally purchased the development site from Boston Edison Co. ...
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Leadership In Energy And Environmental Design
Leadership in Energy and Environmental Design (LEED) is a green building certification program used worldwide. Developed by the non-profit U.S. Green Building Council (USGBC), it includes a set of rating systems for the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. By 2015, there were over 80,000 LEED-certified buildings and over 100,000 LEED-accredited professionals. Most LEED-certified buildings are located in major U.S. metropolises. LEED Canada has developed a separate rating system adapted to the Canadian climate and regulations. Some U.S. federal agencies, state and local governments require or reward LEED certification. This can include tax credits, zoning allowances, reduced fees, and expedited permitting. Studies have found that for-rent LEED office spaces generally have higher rents and occupancy rates and ...
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Handel Architects
Handel Architects LLP is an architecture firm that was founded in New York City in 1994. Led by Partner Gary Handel, the firm has offices in New York City, Boston, San Francisco, and Hong Kong. The firm is composed of five partners: Gary Handel, Blake Middleton, Glenn Rescalvo, Frank Fusaro, and Michael Arad. Well-known projects include Cornell University's New York City Tech Campus Residential Tower, Millennium Tower , the Ritz-Carlton in Washington, DC, and the National September 11 Memorial in Lower Manhattan. Works and projects United States New York City * Madison House, NoMad, Manhattan * The Essex at Essex Crossing, New York, NY * 180 Broome at Essex Crossing, New York, NY * One Blue Slip, Greenpoint, Brooklyn * Cornell Tech Campus Residential Tower, New York, NY * Sendero Verde, Harlem, New York, NY * Pier 57 (SuperPier) Renovation and Restoration, New York, NY * Enclave at The Cathedral of St. John the Divine, New York, NY * National September 11 Memorial, Lower Manhatta ...
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NEMA (San Francisco)
NEMA, also known as Tenth and Market, is a 754-unit luxury residential apartment complex in the Mid-Market neighborhood of San Francisco, California, United States, across the street from Twitter's corporate headquarters. The complex consists of a 24-story, tower at Jessie and Tenth Streets and a 37-story, tower at Market and Tenth Streets, connected by a nine-story podium along Tenth Street. History The developers of NEMA bought the property in 2006, which then was the site of a vacant office building. Originally designed by Heller Manus as 719 residential condominiums, the project site was cleared for development in 2007. Due to the financial crisis of 2007–2008, developer Crescent Heights converted the project to apartments, but the site remained a vacant hole in the ground for four years. In July 2009, the developers received approval to increase the dwelling unit count by 35 to 754. Construction on the project began on November 1, 2011. In 2013, "NEMA", short for New Mark ...
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Near South Side, Chicago
The Near South Side is a community area of Chicago, Illinois, United States, just south of the downtown central business district, the Loop. The Near South Side's boundaries are as follows: North—Roosevelt Road (1200 S); South—26th Street; West—Chicago River between Roosevelt and 18th Street, Clark Street between 18th Street and Cermak Road, Federal between Cermak Road and the Stevenson Expressway just south of 25th Street, and Clark Street again between the Stevenson and 26th Street; and East—Lake Michigan. Along Lake Shore Drive, the Near South Side includes some of Chicago's best-known structures: Soldier Field, home of the NFL's Chicago Bears; McCormick Place, Chicago's primary convention center; the Museum Campus, which contains the Field Museum, the Shedd Aquarium, and the Adler Planetarium; and Northerly Island. The area is currently undergoing a major residential and mixed-use redevelopment. History The Near South Side is one of the most dynamic of Chicag ...
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Central Station, Chicago
Central Station is a residential development project in the South Loop section of Chicago, Illinois. Originally planned as a development, it was later expanded to ,McClendon, Dennis, ''Near South Side'', p. 563, Eds. Grossman, James R., Keating, Ann Durkin, and Reiff, Janice L., 2004 ''The Encyclopedia of Chicago''. The University of Chicago Press, and is now . Being planned by the city government, it encompasses the former rail yards and air space rights east of Michigan Avenue between Roosevelt Road and 18th Street. Background Formerly, Central Station was an intercity passenger terminal in downtown Chicago, located at the southern end of Grant Park at Roosevelt Road and Michigan Avenue, which is the northwest corner of the new neighborhood. The neighborhood is evolving according to a City of Chicago ''planned development''. Planned development Central Station had been a warehouse district prior to the planned development led by Gerald W. Fogelson, founder and president ...
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Chicago Tribune
The ''Chicago Tribune'' is a daily newspaper based in Chicago, Illinois, United States, owned by Tribune Publishing. Founded in 1847, and formerly self-styled as the "World's Greatest Newspaper" (a slogan for which WGN radio and television are named), it remains the most-read daily newspaper in the Chicago metropolitan area and the Great Lakes region. It had the sixth-highest circulation for American newspapers in 2017. In the 1850s, under Joseph Medill, the ''Chicago Tribune'' became closely associated with the Illinois politician Abraham Lincoln, and the Republican Party's progressive wing. In the 20th century under Medill's grandson, Robert R. McCormick, it achieved a reputation as a crusading paper with a decidedly more American-conservative anti-New Deal outlook, and its writing reached other markets through family and corporate relationships at the ''New York Daily News'' and the ''Washington Times-Herald.'' The 1960s saw its corporate parent owner, Tribune Company, rea ...
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