The Ivy District is notable for its scale as well as for the funding mechanisms that made the project happen.
Darla Guillen reports on the beginning of construction at a massive new master planned development in Pearland, located just west of Texas 288 and south of Beltway 8. The Ivy District, as the development is called, "will offer office space, retail shops, restaurants and residential options that include townhomes, apartments, senior living and condominiums," according to Guillen. "A hotel is also tentatively in the works as well as a 15- to 18-acre park."
In addition to its size, the project is notable for its developer: "The $300 million project comes courtesy of America Modern Green, an American affiliate of the Beijing-based investment holding company Modern Land China. China has become a leading investor in Texas, specifically Houston, having spent $7.4 billion in this state over the last 15 years…"
The company will also make use of the federal EB-5 investment program, "which makes U.S. visas more accessible to foreign citizens who invest heavily in America."
FULL STORY: China-based developer breaks ground on $300M development in Pearland
Pennsylvania Mall Conversion Bill Passes House
If passed, the bill would promote the adaptive reuse of defunct commercial buildings.
Coming Soon to Ohio: The Largest Agrivoltaic Farm in the US
The ambitious 6,000-acre project will combine an 800-watt solar farm with crop and livestock production.
World's Largest Wildlife Overpass In the Works in Los Angeles County
Caltrans will soon close half of the 101 Freeway in order to continue construction of the Wallis Annenberg Wildlife Crossing near Agoura Hills in Los Angeles County.
California Grid Runs on 100% Renewable Energy for Over 9 Hours
The state’s energy grid was entirely powered by clean energy for some portion of the day on 37 out of the last 45 days.
New Forecasting Tool Aims to Reduce Heat-Related Deaths
Two federal agencies launched a new, easy-to-use, color-coded heat warning system that combines meteorological and medical risk factors.
AI Traffic Management Comes to Dallas-Fort Worth
Several Texas cities are using an AI-powered platform called NoTraffic to help manage traffic signals to increase safety and improve traffic flow.
City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
Tufts University, Department of Urban and Environmental Policy & Planning
City of Universal City TX
ULI Northwest Arkansas
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