When large, sprawling corporate campuses were built in the suburbs decades ago housing headquarters for giants like McDonald`s, Ameritech and Motorola, no one predicted they would now stand nearly vacant...
...Alternative plans are beginning to take shape at several suburban properties. In Hoffman Estates, Somerset Development of New Jersey has outlined plans to convert the AT&T campus into a self-contained "city" using the existing buildings for 1.2 million square feet of offices, 60,000 square feet of retail shops and 80,000 square feet of conference space, while new construction would add 375 apartments, 175 townhouses and maybe a 200-room hotel...
...moreRSK: These business parks turning into self contained cities is an interesting idea.
Ken Notes: I would think that with boomers turning 65+ retirement communities with lifestyle amenities may be very popular.
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- - Volume: 6 - WEEK: 21 Date: 5/22/2018 6:46:46 AM -