Development news – page 2

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DevelopmentIndustrialFRP Development Delivers 170,800 SF Industrial Project in Hamilton, New JerseySep 28, 2026HAMILTON, N.J. — FRP Development Corp., a subsidiary of FRP Holdings (NYSE: FRPH) has delivered Logistics Center at Hamilton, a 170,800-square-foot industrial project in Central New Jersey.DevelopmentGrand Peak, Silverton Break Ground on 164-Unit Mixed-Income Community in Avon, ColoradoSep 28, 2026AVON, COLO. — Denver-based developer Grand Peak, in partnership with Silverton Holdings, a Braselton, Ga.-based developer specializing in hospitality projects, has broken ground on The Summit.Representative imageDevelopmentIn Construction Lending, It’s a Good Time to Be the Right BorrowerSep 28, 2026ew U.S. residential construction declined in August in one of the weakest monthly performances since the pandemic, with housing starts overall down 2.6 percent and multifamily starts plummeting nearly 22 percent, according to First American Financial Corporation data Housing…Representative imageDevelopmentConstruction Firm Brasfield & Gorrie Inks 19K-SF Lease in Broward CountySep 25, 2026Construction firm Brasfield & Gorrie is relocating in South Florida, from Coral Gables to Weston, where it signed a 19,330-square-foot lease.DevelopmentPartnership Awarded State Funding to Redevelop Needham Seniors HousingSep 25, 2026Affordable Housing and Services Collaborative, Inc. (AHSC) and The Peabody Companies have been awarded funding from the state to redevelop the Linden Street Community in Needham.DevelopmentDevelopers File Plans for 402-Unit Housing Project Along Astoria WaterfrontSep 25, 2026A pair of Astoria developers has filed plans to build 402 housing units in the World’s Borough.DevelopmentIndustrialSoftBank Forms JV With Industrial Vehicle Automation CompanySep 25, 2026SoftBank and Autonomous Solutions Inc. formed a JV to scale ASI’s AI-enabled construction equipment company.DevelopmentOfficeAdolfson & Peterson Completes Dallas Office to Retail ConversionSep 25, 2026Adolfson & Peterson Construction (AP) recently completed the shell construction of The Seam, Asana Partners’ 160,000-square-foot upscale shopping and dining destination in Dallas’ Design District.DevelopmentTAWANI Property Management Adding New Amenity Floor to Historic Monroe BuildingSep 25, 2026TAWANI Property Management, the community investment arm of TAWANI Enterprises, Inc., is proud to announce that construction is underway on a state-of-the-art amenity floor at the Monroe Building, located at 104 S. Michigan Avenue in Chicago.DevelopmentGilbane Building 308 Raleigh Student Housing UnitsSep 25, 2026Gilbane Development recently received the green light from the Raleigh City Council to build a 7-story, 308-unit student housing project near North Carolina State University.DevelopmentBerkeley Garbe Underway on 150,000 SF Life Sciences Project in Billerica, MassachusettsSep 25, 2026BILLERICA, MASS. —Berkeley Garbe, a Boston-based developer that is a joint venture between Berkeley Investments and German real estate company GARBE, is underway on construction of a 150,000-square-foot life sciences project in Billerica, located northwest of the state capital.DevelopmentCentersNew-Construction Vista Strip Center Goes to Institutional BuyerSep 24, 2026JLL Capital Markets completed the sale of Sunroad Plaza, a 23,540-square-foot retail center at 485 Hacienda Dr. in Vista. The price was not disclosed.DevelopmentGroceryWhole Foods-Anchored Retail Nears Construction: The Houston Deal SheetSep 24, 2026This week in commercial real estate news, Dunham Pointe retail with Whole Foods breaks ground soon, 180K SF of new leasing at a Spring office building and more.DevelopmentL&G, Taurus Break Ground on Concord MultifamilySep 24, 2026L&G’s Asset Management business in the U.S. and Taurus Investment Holdings, LLC broke ground on a new two-building, 201-unit multifamily community at 292–294 Baker Ave. in Concord, MA.Representative imageDevelopmentLA City Council Approves Largest-Ever Funding Pool for Affordable HousingSep 24, 2026The Los Angeles City Council voted unanimously to approve a Notice of Funding Availability (NOFA) backed by $466.6 million to build and renovate affordable housing.DevelopmentDenver Arena Owner Planning Improvements, Mixed-Use VentureSep 24, 2026Kroenke Sports & Entertainment (KSE) has committed to spending $135 million to renovate Ball Arena, the home arena for the Denver Nuggets and Colorado Avalanche. In addition, KSE has unveiled plans for a mixed-use project using some of the outdoor parking lots as building space.DevelopmentIndustrialJoint Venture Breaks Ground on 1 MSF Industrial Project in Haslet, TexasSep 24, 2026HASLET, TEXAS — A joint venture between Kansas City-based NorthPoint Development, Olympus Ventures and a local family partnership has broken ground on a 1 million-square-foot industrial project in Haslet, about 25 miles north of Fort Worth.Representative imageDevelopmentIndustrialVenture One Breaks Ground on 1.2 MSF Distribution Facility for Amazon in Northwest IndianaSep 24, 2026CROWN POINT, IND. — Venture One Real Estate has broken ground on a 1.2 million-square-foot build-to-suit distribution facility for Amazon at VenturePark 65 in Crown Point.DevelopmentIndustrialOpus Begins Construction of 314,684 SF Spec Industrial Building in Joliet, IllinoisSep 24, 2026JOLIET, ILL. — Opus has begun construction on Opus Intermodal at Joliet, a 314,684-square-foot speculative industrial building on 39 acres in Joliet.DevelopmentRetail Is In Growth Mode Again, But Construction Isn't Keeping UpSep 23, 2026Retail in the U.S. is booming with new store openings, but construction is lagging due to high costs, creating expansion challenges.