The Global Wellness Institute (GWI) says the wellness real estate market reached US$584 billion (€507 billion, £434 billion) in 2024 and the institute estimates it will double to US$1.1 trillion (€955 billion, £817 billion) by 2029. The report Build well to live well: the future reveals that wellness real estate was the fastest growing market in the 11-sector US$6.3 trillion (€5 trillion, £4.7 trillion) global wellness economy – doubling from

The Global Wellness Summit and Institute have announced speakers for their fourth Wellness Real Estate and Communities Symposium and released the first of ten podcast episodes about longevity. The Symposium will take place at West End Labs in New York City on 17 June and will see specialists in real estate, investment, design, architecture, public policy, technology, medicine and sustainability gather to examine how health and wellness are shaping the

Planning permission has been granted for Rayners Penn, a multi-million-pound project set to convert a historic English country property and former school in Buckinghamshire into a luxury hotel and spa destination. The initiative will involve the careful restoration of Rayners Estate, a 19th-century property set in the scenic village of Penn. Originally built for sir Philip Rose – solicitor to former UK prime minister Benjamin Disraeli – the Victorian estate

Plans have been announced to introduce the first five-star private members wellness club in Northern England, located on a historic 1,000-acre estate in the Ribble Valley, Lancashire. The proposed project, based in an area of outstanding natural beauty 45 minutes north of Manchester, is being spearheaded by entrepreneurs and estate owners Amber and Guy Hindley. The duo are on a personal venture to transform part of their privately-owned 400-year-old Gisburne

The Global Wellness Institute (GWI) has released promising new research on the wellness real estate market at its third-annual Wellness Real Estate & Communities Symposium in Manhattan. The GWI defines wellness real estate as homes and buildings that are proactively designed, built and operated to support the holistic health of their residents. Called Wellness Real Estate: Market Growth (2019-2023) and Future Developments, the paper reveals wellness real estate is by

The Walton family, owner of US supermarket chain, Walmart, has opened the doors to a new corporate health, fitness and wellness centre at the company's Bentonville campus. The Walton Family Whole Health and Fitness and Children’s Enrichment Center by Duda Paine Architects, represents a significant investment in the health of Walmart employees. The fitness centre runs to 360,000sq ft, while the children's centre covers 73,000sq ft. According to Alice Walton

Rural Scottish retreat Murrayshall Country Estate has received the green light for its £30 million (US$38 million, €34.8 million) masterplan. The proposal includes plans for an extension to the 40-key four-star hotel in Scone, Perthshire, as well as the addition of a new spa and leisure facility with treatment rooms, a spa pool, spa cafe, gym and studio, a leisure pool and outdoor spa terrace. Proposed updates also include a

Five prominent architectural practices have revealed their designs for the planned new National Museum of the United States Navy. The five teams – Bjarke Ingels Group (BIG), Gehry Partners, DLR Group, Perkins&Will, and Quinn Evans – were finalists in an “artistic ideas competition” held by the US Navy and its historical and curatorial arm, the Naval History and Heritage Command (NHHC). The quintet was chosen from 37 teams that submitted

From 2017-2020, the global wellness real estate market expanded from US$148bn (€126bn,£109bn) to US$275bn (€235bn, £203bn). These figures were released today (28 September) in the Global Wellness Institute’s (GWI) new study, called Wellness Real Estate: Looking Beyond COVID-19. The GWI defines wellness real estate as the construction of residential and commercial/institutional properties that incorporate intentional wellness elements into their design, materials and building, as well as their amenities, services and/or

The Global Wellness Institute (GWI) is preparing to host a Wellness Real Estate & Communities Symposium on 28 September 2021. The conference will take a deep dive into the fast-growing market and gather top executives, developers, investors, architects, designers, analysts, policymakers and media to examine the future of the market. The hybrid event is being hosted both online and in-person in New York City at etc.venues 601 Lexington. Hosted between

At a time when companies in the hospitality sector are facing unprecedented challenges, private equity firm Alta Capital Real Estate has grasped the opportunity to invest in undervalued wellness hospitality assets across Asia-Pacific. It recently launched the Alta Hospitality Fund Asia with the aim of “repositioning, rebranding and redeveloping assets for the post-COVID world in order to deliver solid returns”. It aims to create a portfolio value of US$50m (€42m,

Luxury Irish spa resort, The Johnstown Estate, in County Meath, has invested €3.5m (US$4.13m, £3.18m) in creating a new spa nearly twice the size of its previous facility, scheduled to launch early November 2020. The overhaul was conceived by Millimetre Design, the interior design and branding studio which created Johnstown’s Fire & Salt Restaurant, Coach House Brasserie, The Atrium and many of the other spaces at the 167-key Johnstown Estate.

Six Senses has announced plans to open a new Italian resort at a historic castle estate nestled into the Umbrian countryside, in Perugia, scheduled to open in 2023. Architecture firm Woods Bagot is behind the masterplan, while interiors are being planned by Tokyo-based Design Studio SPIN. The redevelopment is being driven by VIY Management (VIYM), a London-based investment firm focused on luxury hospitality and mixed-use real estate projects, and Alessio

BuroHappold will transform New York State's Erie Canal as part of a $300m (€269m, £231m) initiative to grow regional tourism, support outdoor recreation, reduce flooding, restore wetlands and improve irrigation. The project has come out of the Reimagine the Canals Task Force, which is aimed at developing a canal system fit for the 21st century. Work on the 350mi (560km)-long canal, which passes through 225 communities along its course, is

State Library Victoria, in Melbourne, Australia, has reopened after being revamped by Schmidt Hammer Lassen and Australian studio Architectus to expand its community outreach and enhance the visitor experience. The work is part of a five-year redevelopment plan and focused on a number of spaces within the library, which comprises 23 individual buildings and occupies an entire city block. The aim was to better weave together the spaces within the

Studio Arthur Casas have designed a tower complex in Sao Paulo, Brazil, that combines apartments, a hotel and restaurants in a design described as "discreet, timeless and stately". Praça Henrique Monteiro will cover an area of 3,000sq m (32,300sq ft) with three street-facing elevations. This will allow the apartments, hotel and restaurants to operate independently, despite being part of the same development and sharing some elements. They will be connected

The observation deck on the top floor of the Empire State Building has reopened this week after the third of a US$165m (€148, £128) four-phase redevelopment of the experience at the iconic New York City landmark. The observatory redevelopment was carried out by design consultants Beneville Studios, project managers JLL, elevator company Otis, contractors Skanska and Thinc Design, who designed the wider observatory experience exhibition. Squint/Opera were responsible for the

Monkey Island Estate has opened in Bray-on-Thames, England, with interiors by New York-based Champalimaud Design. Part of the Malaysian hotel group, YTL Hotels, the historic estate is set across seven acres on an island in the River Thames, with a rich history dating back 800 years. Monkey Island was bought by YTL Hotels in 2015, after the late YTL founder Yeoh Tiong Lay visited and fell in love with the

Construction is almost complete on the Atlanta Hawks’ highly anticipated State Farm arena. The US$192.5m (€166.7m, £145.6m) renovation – said to be the second largest in the National Basketball Association’s (NBA) history – will see the sports centre gain the league’s first-ever courtside bar. Other innovative amenities intended to enhance fans’ in-game experiences include a four-chair barbershop – strategically built to overlook the basketball court – Top Golf Swing suites,

The iconic Empire State Building, Manhattan’s preeminent architectural wonder from the 1930s, now has a newly renovated entrance, marking the first step of the redevelopment of the iconic building's exhibition hall. The renovation, which moves the entrance from its former location on Fifth Avenue to a new location on 34th street, was carried out in order to enhance the landmark’s visitor experience and highlight its history as one of the

Construction work has now begun on the £300m (US$393m, €336m) renovation of Borough Yards in London – a series of Victorian-era railway arches that sit near to the River Thames, Tate Modern art gallery and world-famous foodie haunt Borough Market. Due for completion in 2020, Borough Yards will feature five mixed-use buildings that will house a workspace, retail units, gallery, restaurants, cinema and creative spaces. The brick-built railway viaducts will

Tate St Ives is the only leisure building to find its way onto the shortlist for the 2018 RIBA Stirling Prize for the UK’s best new building. The Cornish museum – designed by Jamie Fobert Architects with Evans & Shalev – is one of the six projects today (19 July) revealed to be in the running for the prestigious prize. The other nominees include student housing, an office building, a

Construction is nearing completion on the only new stadium being built for the 2019 Rugby World Cup in Japan. The 16,000-capacity Kamaishi Recovery Memorial Stadium in Iwate Prefecture will host two fixtures at next year’s tournament. It will first open on the 19 August 2018 for a memorial match between the Kamaishi Seawaves Rugby Football Club and Top League side Yamaha Jubilo, in honour of those who lost their lives

New details have been announced for the entertainment arena being developed in Swansea as part of a £1.3bn leisure investment designed to reinvigorate the Welsh city centre's cultural scene. Swansea City and County Council has announced the signing of a deal with live entertainment company the Ambassador Theatre Group (ATG) to operate Swansea Arena, construction of which will begin this year. Architecture practice ACME is designing the 8,825sq m (95,000sq

The first renderings have been released showing what the Madison Square Garden Company’s (MSG) striking spherical entertainment venue will look like in London. Designed by Populous, the MSG Sphere London has been conceived as the conglomerate’s first international arena, and an “iconic venue that will feature game-changing technologies and pioneer the next generation of transformative, immersive experiences.” It will host concerts, live shows, expos, esports and other large-scale events. MSG

London’s National Portrait Gallery has appointed architecture firms Jamie Fobert and Purcell to deliver the British institution’s £35.5m (US$50.2m, €40.2m) transformation. Called ‘Inspiring People: Transforming our National Portrait Gallery,’ the plans from the London-based practices mark the largest ever development for the Victorian-era National Portrait Gallery since it opened in 1896. The decision follows an international selection process to find the best candidates, with Jamie Fobert – who recently celebrated

The Global Wellness Institute has released its first report on wellness real estate and communities, Build Well to Live Well. The organisation estimates that the global wellness real estate market was worth US$134bn (€108bn, £94bn) in 2017, and projects it will grow six per cent a year, to US$180bn (€145bn, £126bn), by 2022. The US is the largest market, worth US$52.5bn (€42bn, £37bn), followed by China, Australia and the UK,