Development news – page 14

Newest first. Pick a type, a sector, or both.

DevelopmentIndustrialNational Property Planning 1.1M-SF Katy Industrial ParkJul 22, 2026National Property Holdings plans to develop Katy Prairie Business Park, a 1,083,420-square-foot industrial project in Katy, Texas. CBRE’s Faron Wiley, Billy Gold, Charles Herold and Jett Bush have been selected to market the project for lease.Representative imageDevelopmentIndustrialUrban Logistics Realty to Develop Two Industrial Projects Totaling 341,000 SF in North HoustonJul 22, 2026HOUSTON — Urban Logistics Realty will develop two industrial projects totaling 341,000 square feet in North Houston. Urban NXS Fallbrook will be a 182,400-square-foot, cross-dock industrial building, and Urban NXS West will be a 158,600-square-foot, front-load building.Representative imageDevelopmentMedicalHoar Construction Breaks Ground on 32,000 SF Medical Office Building in East AustinJul 22, 2026AUSTIN, TEXAS — Alabama-based general contractor Hoar Construction has broken ground on Colony Park Health & Wellness Center, a 32,000-square-foot medical office building in East Austin.DevelopmentIndustrialPeak Construction to Build 305,480 SF Spec Industrial Building in Union, OhioJul 22, 2026UNION, OHIO — Scannell Properties has selected Peak Construction Corp. to build Interstate Aviation Hub in Union near Dayton.Representative imageDevelopmentNYC’s Conversion Break Producing Far More Units Than New-Construction SweetenerJul 22, 2026It’s been well documented and much lamented just how few ground-up residential units are being developed and constructed in New York City due to the limitations of 485-x, a 2-year-old state tax incentive that appears to guide most developers to a 99-unit limit on new multifamily…DevelopmentAI-Assisted Construction-Bid Startup Fields $4M Seed InvestmentJul 21, 2026A Philadelphia-based startup that uses a combination of foreign labor and artificial intelligence to help construction contractors submit more bids has closed its inaugural investment round.DevelopmentNRP Advancing 336-Unit Austin Affordable Housing VentureJul 21, 2026The NRP Group announced the financial closing and groundbreaking of Catalina, a 336-unit affordable housing community in Travis County near Austin, Texas.DevelopmentGrubb Properties Merges Funds To Create $1.9B Apartment REITJul 21, 2026A new nontraded multifamily REIT was born this week as part of a $617M recapitalization of more than 60 properties, including an under-construction apartment tower in Manhattan.DevelopmentIndustrialRed Rock to Develop 519,792 SF Industrial Facility Near Columbia, South CarolinaJul 21, 2026GASTON, S.C. — Red Rock Developments plans to develop a new 519,792-square-foot industrial facility at Sandy Run Industrial Park, a 760-acre campus in Gaston, a Columbia suburb.DevelopmentPennrose Breaks Ground on $225M Mixed-Use Project in Buffalo’s Canalside DistrictJul 21, 2026BUFFALO, N.Y. — Pennrose has broken ground on North Aud Block, a $225 million mixed-use project in Buffalo’s historic Canalside district.DevelopmentBlue Heron Breaks Ground on 269-Unit Apartment Community in RaleighJul 21, 2026RALEIGH, N.C. — Blue Heron Asset Management has broken ground on Rosewood, a 269-unit apartment development located at 611 W. South St. in Raleigh. The locally based developer acquired the site earlier this year for nearly $12.9 million.DevelopmentPrologis Promotes Travis Harvey to Global Head of DevelopmentJul 20, 2026Prologis has promoted Travis Harvey to lead the firm’s global development and construction platform across the Americas, Asia and Europe, Commercial Observer has learned.DevelopmentIndustrialLovett, NewQuest Teaming Up to Build 2M-SF Seguin Industrial ParkJul 20, 2026Lovett Industrial and NewQuest are teaming up to develop Seguin Exchange Commerce Park, a 164-acre Class A industrial campus in Seguin, Texas.DevelopmentAlexandria Delivers R&D Hub for Bristol Myers Squibb at San Diego MegacampusJul 20, 2026Alexandria Real Estate Equities, Inc. has delivered a 427,000-square-foot research & development hub for Bristol Myers Squibb (BMS) at the Campus Point by Alexandria Megacampus in San Diego.DevelopmentWellpointe to Develop $2B Affordable Seniors Housing Campus in Los AngelesJul 20, 2026LOS ANGELES — Wellpointe has announced plans for the development of a new affordable seniors housing campus within the Warner Center master-planned district in Los Angeles.DevelopmentAlbion Delivers 458-Unit Residential Community in Midtown NashvilleJul 20, 2026NASHVILLE, TENN. — Albion Residential has delivered Albion Music Row, a 458-unit multifamily community located in Midtown Nashville. The 29-story apartment complex, which was developed on the former Beaman auto dealership property, is now fully open.DevelopmentWinnCos. Begins $33M Renovation of Affordable Housing Property in Atlantic CityJul 20, 2026ATLANTIC CITY, N.J. — Regional affordable housing owner-operator WinnCos. has begun the $33 million renovation of Garden Court Apartments, a 177-unit affordable housing property in Atlantic City. WinnCos.DevelopmentIndustrialZilber to Develop 252,000 SF Spec Industrial Facility in Germantown, WisconsinJul 20, 2026GERMANTOWN, WIS. — Zilber Property Group (ZPG) has unveiled plans to develop Zilber Industrial 7 within Germantown Gateway Corporate Park in Germantown, a northwest suburb of Milwaukee.DevelopmentNicholas & Associates Tapped as Contractor for Ground-Up Multifamily Development in MadisonJul 17, 2026Nicholas & Associates, the construction management and general contracting arm of the Nicholas Family of Companies, has been selected by Moyer Properties as the general contractor for Aster Flats, a 263-unit, three-building luxury rental community set on a 4.86-acre site in…DevelopmentSJC Ventures to Begin Construction at Former Macy’s at Harford Mall SiteJul 17, 2026SJC Ventures will begin the demolition process at the former Macy’s at the Harford Mall property next week in Bel Air, Maryland.