The development of the neighborhoods around Madison Square Park has created a variety of new commercial development opportunities from 23rd Street to 34 Street, one of which is the development of a new furniture district along Madison Avenue and included office rents due to the success of the Flatiron District. WQB Architecture PLLC is assisting A Ruth & Sons, owner of 102 Madison Avenue (for over 40 years) in redeveloping the property. The work consists of a new retail storefront, new office entrance and a new landscaped tenant roof deck.
Citiarc MCC Construction and CMC Development took over the development of a failed retail development in a prime location in Beijing. Originally designed as a large department store, IDA/redeveloped the proposed building as a mall. Interactive Development Associates LLC and their affiliate, Oriental Property Consultants, restructured and marketed the development of a 2.5 million square foot project in Xidan, the “Times Square,” of Beijing. The project contains a major destination shopping mall, with full service food court combining Chinese traditional and western‐influenced fare and a 12 screen multiplex theater.