All articles tagged with #redevelopment
A tour of five once-glamorous Caribbean getaways—Caneel Bay (St. John), Moonhole (Bequia), the Four Seasons Barbados project, La Belle Creole (St. Martin), and Sand Castle Hotel (Dominican Republic)—now ruins or derelict sites after hurricanes, financial setbacks, and shifting tourism, with rare signs some properties may be revived.
Smithfield Foods plans to replace its 117-year-old Sioux Falls facility with a new, state-of-the-art plant on Foundation Park, a roughly $1.3 billion investment over three years that will add more than 1.4 million square feet of production space and aim to start operations in late 2028. The project is paired with a $50 million gift from philanthropist Denny Sanford to relocate the existing site and redevelop about 120 acres adjacent to downtown as a transformative district called The Sanford District, signaling the largest business investment in South Dakota history and a major downtown revitalization effort.
Lloyd Center in Northeast Portland will close by the end of the year as owners move to demolish the mall and redevelop the site into 14 parcels, prompting frustration from local businesses and longtime patrons who value the mall as a community space. While supporters hope for adaptive reuse and new amenities in the future, no official closing date beyond year-end has been set and planners say there will be no more holiday seasons at the mall.
Portland’s Lloyd Center will be demolished this winter as developers plan an 18-block redevelopment in the Lloyd District that adds housing (affordable and market-rate), retail storefronts, transit-connected streets, and six acres of publicly accessible open space. A permanent ice rink is not included. Tenants such as Floating World Comics and Star Tropics Pinball Museum will be displaced with at least three months’ notice, and supporters of the Save Lloyd campaign are rallying residents ahead of a Feb. 5 design commission hearing to try to preserve the mall’s legacy.
The Philadelphia Housing Authority plans to invest $84 million to transform over two dozen vacant properties in Germantown into 121 affordable rental units, with work expected to start by spring 2027. The project aims to revitalize blighted properties, including historic sites, and provide deeply affordable housing for households earning at or below 30% of the area median income. The initiative follows a history of neglect and legal battles involving previous ownership, and is part of broader efforts to improve neighborhood housing.
Over 100 families in Cary's Chatham Estates mobile home park are facing eviction by June 2026 due to the sale and redevelopment plans, which include building new multifamily units and townhouses, raising concerns about affordability and displacement, with some residents seeking alternative housing options.
A $112 million redevelopment project in Marion, Illinois, aimed at revitalizing a dying mall and boosting the local economy, faces challenges due to the financial troubles and foreclosure of one of the key developers, Jerry Barrass, which could impact the project's future plans. Despite these issues, local officials and remaining partners continue to push forward with the project, which includes entertainment venues, hotels, and attractions designed to attract tourists and create jobs.
The Miami Seaquarium, a historic tourist attraction known for dolphin and orca shows, has closed after decades of controversy and animal welfare issues, with plans to redevelop the site into an aquarium without marine mammals, a research center, and public amenities.
The Miami Seaquarium, a historic tourist attraction known for dolphin and orca shows, has closed after decades of animal welfare complaints and violations, with plans to redevelop the site into an aquarium without marine mammals, a research center, and public amenities.
The historic Headliner Oasis nightclub in Neptune Township, a beloved Jersey Shore venue, is closing on October 20th to make way for a new redevelopment project called Waterways at Neptune, which will feature a hotel, residential buildings, and retail spaces. The owners expressed gratitude for the community support over the years and are hosting final events before demolition.
The Department of Transportation plans to take over Washington's Union Station, which it already owns, aiming to boost income, security, and attract private investment for redevelopment, including potential expansion and improvements to safety and infrastructure. The move is part of broader efforts to increase control over key transit hubs and enhance their appeal and safety.
The abandoned 1301 Adams St. in Toledo, a historic building with potential for redevelopment, is up for auction. Despite its dilapidated state and extensive repairs needed, it offers opportunities for creative reuse like a hotel or mixed-use space, supported by a $1.1 million historic tax credit. The project requires a dedicated buyer with vision and resources to transform the relic into a vibrant part of UpTown's future.
D.C. Council Chairman Phil Mendelson announced a deal with the Washington Commanders to redevelop RFK Stadium, which is expected to save hundreds of millions of dollars and paves the way for a vote on bringing the team back to its historic site.
TF Cornerstone has acquired control of the Wanamaker building in Philadelphia and plans to convert floors 6 to 12 into 600 loft apartments, while maintaining retail, office, and public spaces, with construction starting in 2026. The project aims to preserve the building's historic features and boost local vibrancy.
As traditional shopping malls decline due to the rise of e-commerce, many U.S. cities are repurposing these spaces into parks and mixed-use developments. This transformation not only addresses the loss of retail spaces but also enhances urban environments by increasing green spaces, which offer numerous health and environmental benefits. Despite challenges like funding and zoning, these projects can revitalize communities, reduce urban heat, and manage stormwater, ultimately reshaping urban landscapes for a more sustainable future.