Page 57 - December 2020 January 2021

ovation HollYwooD
los angeles, US
Developer: Gaw Capital USa & DJM

luxury hotel. The Palace Theatre will be elevated nine metres Hudson Yards is New York’s newest neighbourhood
before undergoing a $50M renovation and modernisation. With and home to more than 100 diverse shops and culinary
fully-integrated retail, entertainment, hospitality, and F&B offerings, experiences, offices for leaders in industry, significant public art
TSX Broadway provides the venue for a range of experiences, and dynamic cultural institutions including The Shed, modern
performances and interaction in the world’s most visible location. residences, 14 acres of public plazas, gardens and groves and
Developers Hines, the international real estate firm, and the world’s first Equinox Hotel®. The first phase of this project
Columbia Development have announced the start of officially opened on 19 March last year, the second phase is not
construction on Fenton, a 69-acre mixed-use development due to complete until 2025. Hudson Yards is a 28-acre mixed-
underway in Cary, North Carolina. Fenton will be Cary’s first use development on Manhattan’s far West Side, bound by 34th
vertically integrated, mixed-use destination and one of the largest and 30th street to the north and south, and by Tenth Avenue
retail-focused projects currently underway in the US. The ground- and the West Side Highway to the east and west. The first
breaking helps propel the project toward its grand opening phase, Eastern Yard, is home to eight new buildings, including
in spring 2022. Fenton is located along I-40 and Cary Towne residential and commercial skyscrapers, public gardens, a
Boulevard, a prominent interstate interchange that occupies massive shopping mall, and the Shed cultural centre. Though
a central location in the Triangle. The first phase of Fenton will specific design details have yet to be revealed, Western Yard will
deliver approximately 345,000 square feet of shops, restaurants include additional residential, office, and retail space, as well as an
and entertainment space, 200,000 square feet of office space, elementary school. When both phases are completed, in 2025
a 175-key boutique hotel and a 357-unit luxury apartment by developers Related Companies and Oxford Properties
community, The Canopy at Fenton. Hines also announced that Group, the development will encompass more than 18 million
Arhaus, the home furnishing retailer with 70-plus locations, had gross square feet of built space, with nearly 14 additional acres
signed a lease for a 17,974sq ft space on-site. of open public space.

Fenton HUDSon YarDS
Fenton
north Carolina, US new York, US
Developer: Hines & Columbia Development Developer: related Companies & oxford Properties Group
north Carolina, US
Developer: Hines & Columbia Development