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Market shift pitches Dranoff toward condos on South Broad corner

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Developer Carl Dranoff is planning 28 stories of luxury condos at Broad and Pine Streets, instead of the hotel-and-apartment hybrid he previously had in mind for the site, as Center City heads toward a likely near-term glut of both rental housing and hotel guest rooms . The developer’s earlier vision of a 22-story building with 76 hotel rooms and 83 apartments known as the Hyde — to have been developed with the Los Angeles hospitality mogul Sam Nazarian ’s SBE Entertainment Group — has been supplanted by a new proposal with 56 “high-end” condos, Dranoff said in an email Tuesday. Dranoff ultimately decided that the location along the strip of Broad Street south of City Hall, known as Avenue of the Arts, “lends itself best to a condo project,” spokeswoman Barbara Gall Sheehan said in a follow-up email. “We think there is strong demand for high-end/luxury condos in premier neighborhoods, like Avenue of the Arts,” she said. Dranoff said th...

People and Property: NH Real Estate and Construction News Rundown - New Hampshire Business Review

CLD Engineers acquired by Conn. firm, Hoefle joins Two International Group … and more By NHBR Staff Published: August 9, 2017 Shown at the official ribbon-cutting to mark the opening of the NH Liquor Commission ’s newest Liquor & Wine Outlet in Warner are, from left: T.A. Demoulas of Market Basket; David Swisher, manager of the Warner NH Liquor & Wine Outlet; Nicole Brassard Jordan , NHLC’s director of marketing; Executive Councilor Andru Volinksy ; John Matthews of Market Basket; Arthur Demoulas, CEO and Market Basket; NHLC Deputy Commissioner Michael Milligan ; NHLC Chairman Joseph Mollica ; former Warner Selectman David Hartman ; Tony Maiola, former NHLC commissioner ; former NH Rep. David Karrick; NH Rep. Clyde Carson; and David St. Hilaire, NHLC’s chief operating officer . Opera North has received a $150,000 grant from the Northern Border Regional Commission to renovate the main house on Blow-Me-Down Farm, across from the Saint- Gaudens National Historic Site in Concord....

Affordable housing summit coming to NPR | News

NEW PORT RICHEY – A shortage of affordable housing is an issue that affects communities throughout the state and Pasco County is no stranger to the subject. Guests to next week’s Housing and Community Development Summit in New Port Richey will learn how Pasco is affected and new ideas in development to make sure low-income residents can find proper shelter . The summit will take place from 8 a.m. until 2:30 p.m. Monday, Aug. 21, at the CARES Elfers Center , 4136 Barker Drive. It is presented by the Pasco County Community Development Department . Jaimie Ross, president and CEO of the Tallahassee- based Florida Housing Coalition , will lead the discussion. “It’s really a time for different parts of the community to come together and talk about the issues they’re having and come up with some ideas for addressing them,” Ross said of the Aug. 21 gathering. Other localities throughout the state request similar summits with Florida Housing Coalition involvement and the nonprofit organizat...