China Vanke Co., Ltd., is making its debut in the U.S. property market with a joint venture high-rise condominium project at 201 Folsom St. in San Francisco, according to CoStar's Randyl Drummer.
The mega developer is partnering with Tishman Speyer on the project, which entails building two towers (37 and 42 stories, respectively) that will house 655 condo units. This is China Vanke's first development outside of China.
(http://www.costar.com/News/Article/Chinas-Largest-Property-Developer-Enters-US/145885)
Related Stories
| Sep 28, 2011
Look who's coming to BD+C's Under-40 Leadership Summit
AEC industry "under-40 superstars" from top design and construction firms have signed up for BD+C's "Under-40 Leadership Summit."
| Sep 28, 2011
GBCI announces LEED fellow class of 2011
LEED Fellows represent green building industry's most accomplished professionals.
| Sep 28, 2011
Opus Group awarded contract for new Church & Dwight Co. headquarters
The campus will include two 125,000-sf Class A, energy-efficient office buildings that will be designed and constructed with sustainable practices and elements.
| Sep 27, 2011
Steel Joist Institute announces October webinar on Open Web Steel Joists
Webinar participants can earn 0.15 CEUs or 1.5 PDHs.
| Sep 27, 2011
FDI hires Allen to round out project team
Allen's experience includes managing several multi-million dollar facilities projects for Stanford University.
| Sep 26, 2011
Janus Elevator products spins off monitor controls
Elevator fixture line to operate independently of safety edge and communication business.
| Sep 26, 2011
Copper helps serve and protect Lightning Alley
Copper grounding upgrades add protection and reliability to Florida Sheriff's Department.
| Sep 23, 2011
ABI turns positive after four monthly declines
On the heels of a period of weakness in design activity, the Architecture Billings Index (ABI) took a sudden upturn in August.
| Sep 23, 2011
Wall Street adage proving true for the office market
Sale prices for office buildings enjoyed a moderate bounce to the upside, following the financial crisis of 2007 - 2008.
| Sep 23, 2011
$5M pledge renewed for Habitat for Humanity
The five-year commitment, which will run through 2015, includes $5 million of donated interior and exterior locks and keys for homes built with Habitat for Humanity homeowner partners and volunteers.
