Investment

California gives BART control over development at its stations

California gives BART control over development at its stations

BART can draft plans to fill empty station parking lots with dense housing and shops, under a state law that Gov. Jerry Brown signed late Sunday. The bill empowers the transit agency to zone its properties — an estimated 250 acres of blank asphalt — and limits cities’ ability to delay or obstruct development. “We… READ MORE

Things to know about the new opportunity zone guidelines

Things to know about the new opportunity zone guidelines

After several months of waiting, real estate investors, developers and other keen commercial real estate observers have finally received answers to some of their many questions about the Opportunity Zone program. The Department of Treasury on Friday released new regulations and some clarifications regarding the much-hyped Opportunity Zone program that can benefit investors, business owners… READ MORE

What the office sector needs to learn from hotels, retail and — wait, what airports and the car industry?

What the office sector needs to learn from hotels, retail and — wait, what airports and the car industry?

To be at the forefront of the office real estate sector, don’t spend too much time thinking about offices. At Bisnow’s London State of Office event on 12 September, more than 250 delegates heard from a variety of experts who advised that to remain relevant, office owners and developers need to look to a variety… READ MORE

Amazon is betting on prefab homes

Amazon is betting on prefab homes

Amazon is betting on prefab homes. Amazon putting its money behind pre-fabricated homes. The tech giant’s Alexa Fund was among the investors in Plant Prefab’s Series A funding round. The company, which manufactures custom single- and multifamily homes, raised $6.7 million, according to a statement. The move comes as Amazon’s virtual assistant Alexa has expanded…. READ MORE

It looks like Google is preparing to open its first-ever standalone retail store

It looks like Google is preparing to open its first-ever standalone retail store

This would be Google’s first-ever permanent retail store, putting it in a league with fellow tech titans Apple and Microsoft. Google will soon take control of 14,000 square feet of retail space in the Chicago meatpacking district, which the company is expected to turn into its first-ever standalone retail store, according to a report in the… READ MORE

Millennials are so last year: commercial real estate developers build with Gen Z in mind

Millennials are so last year: commercial real estate developers build with Gen Z in mind

Apartment rental ad of the future: one-bedroom, one-bath available. Materials sustainably sourced and eco-friendly. Construction workers were treated humanely while on job site. Welcome to Generation Z’s influence on commercial real estate. Multifamily and co-working locations will be earth-friendly. Increased food delivery demands will require larger commercial kitchens. Retail spots will become a place to do… READ MORE

When will this huge West Oakland BART project leave the station?

When will this huge West Oakland BART project leave the station?

Now entering four years of discussion, West Oakland BART developers say they’ll show progress soon on the $565 million project. New projects on BART property don’t happen overnight. It took 20 years to break ground at the Walnut Creek Transit Village, while Bridge Housing’s 200-unit project at the San Leandro station started construction after a… READ MORE

Cannabis, coworking, and the marijuana-industry land rush

Cannabis, coworking, and the marijuana-industry land rush

Legal weed could be a $75 billion business by 2030 In Los Angeles, a pair of soon-to-open coworking spaces will offer a twist on the formula popularized by behemoth WeWork and The Wing in New York City. Though they boast whiteboards and shared workspace, host regularly scheduled meet-ups and speaking events, and even offer access to advisers and investment capital, these… READ MORE

New Tech Offices In The Bay Area May Not Come With Free Lunches

New Tech Offices In The Bay Area May Not Come With Free Lunches

The age of free lunches for tech employees may be coming to a close in parts of the Bay Area. San Francisco Supervisors Ahsha Safaí and Aaron Peskin have proposed a ban on cafeterias in new office buildings, San Francisco Chronicle reports. Local retailers and restaurant owners have complained that the influx of new tech… READ MORE

Trend alert: The beautiful impact of biophilic design

Trend alert: The beautiful impact of biophilic design

As we move towards a future of driverless cars, shrinking parking lots, and smart, connected buildings, there’s another quiet trend taking root: biophilic city planning and building design. Biophilic design is bringing nature back into urban areas, balancing all that concrete and steel with more living plants, water, sunlight, and natural materials. It’s a way… READ MORE