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Urban Development

Washington Commanders’ $3.8B RFK Stadium Deal Approved: 'Today Is A Historic Day' Washington Commanders’ $3.8B RFK Stadium Deal Approved: 'Today Is A Historic Day'
Washington Commanders’ $3.8B RFK Stadium Deal Approved: 'Today Is A Historic Day' The Washington Commanders are officially coming home. The DC City Council voted 11-2 late on Wednesday, Sept. 17 to give the final approval for a $3.8 billion project to build a 65,000-seat stadium at the old RFK Stadium site. The plan also calls for a mixed-use development project in the surrounding neighborhoods, as well as affordable housing in the area. "Today is a historic day for DC, the Commanders organization, and our fans," Commanders owner Josh Harris said in a statement. "With the Council's approval, we can now move forward on the transformative RFK project that will bring lasti…
Survey Reveals How Americans Are Coping With Rising Costs As Housing Leads Way Survey Reveals How Americans Are Coping With Rising Costs As Housing Leads Way
Survey Reveals How Americans Are Coping With Rising Costs As Housing Leads Way Americans are rethinking what “affordable housing” means as rising costs force families to adjust, according to a new national survey. The poll of 1,000 adults found more than half believe they pay too much for their homes.  Respondents reported spending an average of 42 percent of their annual income on housing-related expenses.  Parents were especially concerned: 42 percent said they doubt their children will be able to afford living in the same neighborhoods where they are growing up. Many blamed their environment for the pressure. Nearly half cited their neighborhood’s highe…
$113M Luxury Beachfront Complex Sells Near Netflix's $1B New Jersey Campus $113M Luxury Beachfront Complex Sells Near Netflix's $1B New Jersey Campus
$113M Luxury Beachfront Complex Sells Near Netflix's $1B New Jersey Campus A luxury beachfront apartment complex at the Jersey Shore has sold for a staggering $113 million, real estate officials announced just after Netflix's groundbreaking ceremony at its nearby $1 billion campus. The 170-unit Ocean Gate community at 30 Ocean Boulevard in Long Branch — just steps from the beach — was acquired by Lincoln Equities in partnership with RWN Real Estate Partners and Avenue Realty Capital, according to Cushman & Wakefield. “Ocean Gate is a highly amenitized property located in one of the fastest-growing areas of Monmouth County, which is what attracted Lincoln Equit…
Amtrak Debuts New High-Speed Trains Across Northeast As Trump Seizes DC's Union Station Amtrak Debuts New High-Speed Trains Across Northeast As Trump Seizes DC's Union Station
Amtrak Debuts New High-Speed Trains Across Northeast As Trump Seizes DC's Union Station High-speed rail in the Northeast just got a significant upgrade. Amtrak's new NextGen Acela trains launched on Wednesday, August 27. The first train left Union Station in Washington, DC, at 5 a.m., while a second one departed Boston's South Station at 6 a.m. The upgraded trains promise faster service and more seats to the nation's busiest rail travel corridor. "Acela is synonymous with American high-speed trains, and today marks a new era of next-generation service," said Amtrak President Roger Harris. "On behalf of everyone at Amtrak, I’m proud to welcome you aboard NextGen Acela. Th…
Rats Are Taking Over As Cities Get Warmer: New Study Shows Why Rats Are Taking Over As Cities Get Warmer: New Study Shows Why
Rats Are Taking Over As Cities Get Warmer: New Study Shows Why Climate change is fueling a surge in rat populations across major US cities, with Washington, DC, seeing the worst increase over the past two decades, a new study said. The study published by Science Advances on Friday, Jan. 31, analyzed public records from 16 cities worldwide to determine why some urban environments are more infested with rats than others. The researchers found that 11 cities — including Washington, Boston, and New York City — had seen major rat population growth over an average of 12 years. Washington's increase was the most extreme, tripling compared to Bo…
Pop Lloyd Stadium Getting $5.6M Transformation Into Multisport Facility In Atlantic City Pop Lloyd Stadium Getting $5.6M Transformation Into Multisport Facility In Atlantic City
Pop Lloyd Stadium Getting $5.6M Transformation Into Multisport Facility In Atlantic City A neglected baseball stadium in Atlantic City is getting major upgrades and will soon be used for many other sports, officials said. A groundbreaking ceremony was held on Monday, June 17 for the $5.6 million renovation to Pop Lloyd Stadium. The project will make the stadium playable for baseball, softball, T-ball, football, soccer, lacrosse, and field hockey, as well as other sports and activities. The renovations include adding blue artificial turf, along with new dugouts, locker rooms, bleachers, restrooms, lighting, fencing, and a scoreboard.  "Pop Lloyd Stadium has been in disrepair fo…