Tencent plans smart city the size of Midtown Manhattan

China’s Tencent is looking to build its own city, called Net City, including corporate offices, apartments and a school on a 21-million-square-foot development the size of midtown Manhattan, The Wall Street Journal reported. Jonathan Ward, design partner for project architect NBBJ, said the idea is a “sustainable city of the future,” WSJ reported. The multinational conglomerate is planning the real estate development for Shenzhen, with construction slated to begin later this year, WSJ reported. The land will face a bay and sit on 320 acres of government-owned land. Sports facilities,…

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Odeon Kensington High Street – Wikimedia Commons

Mixed-use plans for Kensington Odeon site approved

Kensington & Chelsea Council’s planning committee has unanimously approved Lodha Properties’ £400m scheme at the former Kensington Odeon, W6. The mixed-use development comprises a new Picturehouse cinema with six screens and 887 seats, 67,000 sq ft of commercial space and 106 flats. It includes 35 affordable homes and a £1.4m contribution to affordable homes off-site. The application revises the old consent from 2016, boosting the number of homes with additional floors added to the building… … visit Radius Data Exchange to read full story

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Coronavirus illustration – Pixabay

Property developers help out during Covid-19 crisis

The sense of our all being in this together continues, with the property industry very much continuing to play its part in the fight against coronavirus.  Television Centre and White City Place developers Stanhope, Mitsui Fudosan and Aimco are showing their support for the fight against Covid-19 by rolling out a number of initiatives, including the launch of a new community channel for occupiers, tenants and residents, and ensuring labs can remain open for essential medical research and development.  The partners insist they are committed to helping and showing their appreciation during these unprecedented times.  Ahead of the Easter weekend, more than 1,000 Easter eggs are being gifted to doctors, nurses and…

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