New York: Hines to Develop Office Tower

In New York, Hines, along with partner Pacolet Milliken Enterprises reported the development of an office tower on Avenue of the Americas overlooking Bryant Park. Designed by renowned architects Henry N. Cobb and Yvonne Szeto of Pei Cobb Freed & Partners, the planned 28-story, 450,000-rentable-square-foot tower will be built on property that Pacolet Milliken has owned since 1954.

Houston-based Hines has offices 106 cities in 17 countries, and controlled assets valued at $23.7 billion.