National market report: Las Vegas desert strip slated for housing complex, Amazon makes big moves in Boston & more
From the August issue: A local city council and developer managed to salvage plans for the redevelopment of a 68-acre former naval base on Alameda Island on the San Francisco Bay, according to reports. An adventurous investor group has secured approval from Clark County officials for a 30-acre, 754-unit apartment complex planned for a swath of desert land, according to the Las Vegas Review-Journal. Amazon, which has been making headlines for its continued growth, is now making big moves in Boston. The e-commerce giant announced it would lease a 150,000-square-foot office at 253 Summer Street in the city’s Fort Point neighborhood, according to the Boston Business Journal. A 103-acre lot near downtown Indianapolis, home to the crumbling remnants of a General Motors stamping plant, is about to get a jolt of new life.