Urban Redevelopment

Lennar Breaks Ground on 1,000-Home Foundry Project in Downtown Las Vegas

Lennar Breaks Ground on 1,000-Home Foundry Project in Downtown Las Vegas

Las Vegas – October 16, 2026 -- Lennar has broken ground on The Foundry, a gated community of more than 1,000 townhomes and single-family detached homes priced from the $300,000s on roughly 70 acres in downtown Las Vegas. Vertical construction is expected to begin in October 2027.

Lennar redevelops former Cashman Center and Grant Sawyer Building sites

The project spans approximately 70 acres across the former Grant Sawyer Building and Cashman Center sites near Las Vegas Boulevard and East Washington Avenue. It is being advanced through a public-private partnership among the City of Las Vegas, the State of Nevada and Lennar. The partners aim to convert underutilized downtown properties into housing for first-time buyers, young families and others seeking to own a home.

FirstService Residential Regains Management Contract for Philadelphia's Grandview Condominium

FirstService Residential Regains Management Contract for Philadelphia's Grandview Condominium

Philadelphia – September 16, 2026 -- FirstService Residential has been reappointed to provide full-service property management for The Grandview Condominium Unit Owners Association, a 16-story Art Deco landmark in Philadelphia's Chinatown neighborhood originally completed in 1935.

Board ends self-management model after seeking expertise for complex construction oversight

The Grandview's board of directors moved away from a self-management structure, citing the need for a partner capable of overseeing large-scale, complex construction projects within the condominium community. Edmund Aristone, President of The Grandview Board of Directors, said the board is confident that under the leadership of FirstService Residential's Bob Bender, the community will be positioned to meet its long-term goals while enhancing residents' quality of life.