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Development news – page 12
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Philly's Big-Box Warehouse Owners Subdivide Spaces After Developing 'The Wrong-Size Buildings'The post-pandemic industrial boom brought a wave of speculative big-box construction to Philadelphia proper, a market with little precedent for that type of product. Owners are now breaking up those buildings to accommodate the smaller footprints of...
Welcome Group Underway on 250,000 SF Industrial Project in Pearland, TexasPEARLAND, TEXAS — Houston-based developer Welcome Group is underway on construction of Lower Kirby Business Park, a 250,000-square-foot industrial project in Pearland, located on the city’s southern outskirts.
Terra, Turnberry Top Out 17-Story Grand Hyatt Miami Beach HotelMIAMI BEACH, FLA. — Terra and Turnberry, along with general contractor Balfour Beatty, have topped out Grand Hyatt Miami Beach, a 17-story, 800-room hotel underway in Miami Beach.
Representative imageData Center Giant Equinix Ups Its 2026 Forecast Behind Robust Q2Equinix significantly increased its forecasts and expectations for 2026 after posting another record-heavy quarter on the back of artificial intelligence demand and more data center construction.
NYC Issues Partial Stop-Work Order at SL Green’s 750 Third Avenue ConversionNew York City’s Department of Buildings (DOB) has halted construction work at the third office-to-conversion project in Manhattan this month.
New York Life Sees Leasing Momentum at 757 Third Ave. Amid Continued RenovationsJLL has completed 24,107 square feet of leasing activity at 757 Third Ave. The leasing activity comes as New York Life continues to enhance the Midtown East office property with planned cosmetic renovations to the lobby and the rollout of a new prebuilt office program.
City Selects Slate Property Group, Hudson Companies to Build 980 Homes in LICA development team made up of Slate Property Group, Hudson Companies and Volunteers of America has been chosen to create nearly 1,000 new homes upon a vacant parcel in Long Island City, Queens.
BXP Closes In On Next D.C. Office Development As It Shrinks AssetsThe one developer building new office in Washington, D.C., is going for a triple. BXP is nearing its third deal in two years to build a trophy office project in the city, executives disclosed on the company’s second-quarter earnings call Wednesday....
StreetLights Residential Underway on 22-Story Apartment Building in PlanoPLANO, TEXAS — StreetLights Residential is underway on construction of a 22-story apartment building at 6501 Legacy Drive in Plano. The site spans 2.7 acres within the former J.C.
White Lodging Breaks Ground on Marriott-Branded Charlotte HotelWhite Lodging will break ground this month on a new Autograph Collection (Marriott) hotel in Charlotte’s South End neighborhood, marking the company’s fifth Autograph property in its national portfolio of more than 60 hotels.
Urban Logistics Starts Work on 1.1M-SF Harris Ranch Warehouse FacilityUrban Logistics Realty acquired 53 acres of Harris Ranch in Denton, Texas. The acquisition of Harris Ranch will kickstart Phase I of an industrial development featuring five buildings totaling 656,007 square feet.
Radnor, Madrone to Break Ground on 793-Bed Student Housing Development in AtlantaATLANTA — A joint venture between Radnor Property Group and the Madrone Community Development Foundation is set to break ground on a 793-bed student housing development located at 850 West End Ave. in Atlanta.
Capstone Begins Construction on 270-Unit Gateway Apartments in OrlandoORLANDO, FLA. — Capstone Building Corp. has begun construction on The Gateway, a 270-unit luxury apartment community located at 7250 Shadowridge Drive in Orlando. The design-build team includes developer JBL Development LLC and architect Baker Barrios Architects.
The Plan: With a Big Vacancy Looming, Durst Goes Big on Renovating 114 West 47thSituated just off Sixth Avenue is 114 West 47th Street, a 26-story office building owned by the Durst Organization that is undergoing a major renovation.
Sky Equity Goes Vertical on Tribeca CondosSky Equity Group, the New York City-based real estate development firm founded by Simon Dushinsky, one of New York’s most active developers, has launched vertical construction at 65 Franklin St., an upcoming luxury condominium in Manhattan’s Tribeca neighborhood.
Opus Begins Construction on 899K-SF Ohio Industrial DevelopmentOpus has begun on Canal Crossing Commerce Center, an 898,500-square-foot three-building speculative industrial development on 72 acres in Canal Winchester, Ohio.
Suffolk Construction Inks 19K-SF Lease in West Palm BeachSuffolk Construction is moving its office within Downtown West Palm Beach after signing a 19,000-square-foot lease at the Echo boutique building.
Core Spaces Breaks Ground on 1,656-Bed Student Housing Development Near University of GeorgiaATHENS, GA. — Core Spaces has broken ground on Hub Athens Dougherty, a 1,656-bed student housing development located near the University of Georgia campus in Athens. The community will offer 536 units in studio through five-bedroom configurations.
Gilbane Development Breaks Ground on 756-Bed Student Housing Project in Norman, OklahomaNORMAN, OKLA. — Gilbane Development has broken ground on a 756-bed student housing project in Norman, home of the University of Oklahoma.
NYC Stops Construction On Another Office-To-Residential Conversion As Inspectors Descend On Job SitesConstruction work has been halted at a second Manhattan project as city officials embark on an inspection onslaught at office-to-residential conversions following the near collapse of a Midtown skyscraper. City inspectors ordered that construction...