Development news – page 3

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DevelopmentMedicalPiedmont Building $600M Covington HospitalSep 23, 2026Piedmont plans to build a relocation hospital for Piedmont Newton Hospital, located in Covington, GA, at a cost of nearly $600 million, all of which will be borne by Piedmont.DevelopmentIndustrialSeefried, WDP Break Ground on 269,100 SF Industrial Park in Chandler, ArizonaSep 23, 2026CHANDLER, ARIZ. — Seefried Industrial Properties, in partnership with WDP Partners, has broken ground on an industrial project at 1703 S. Arizona Ave. in Chandler. ARCO is serving as general contractor for the project, which is slated for completion in third-quarter 2027.DevelopmentData Centers Are Making It Harder To Build Everything ElseSep 22, 2026The rise of data centers is exacerbating construction delays and supply chain bottlenecks, creating challenges for developers.DevelopmentCushman & Wakefield: Materials Pricing Fluctuations Change the Construction EquationSep 22, 2026CHICAGO — As employer costs cool down, materials — particularly metals — are emerging as the bigger source of construction costs pressure, according to findings from Cushman & Wakefield’s Construction Insights: Summer 2026 report.Representative imageDevelopmentIndustrialMerritt Breaks Ground on Third Phase of North Jacksonville Industrial ParkSep 22, 2026JACKSONVILLE, FLA. — Merritt Properties has broken ground on Phase III of Imeson Landing Business Park in north Jacksonville. The new phase will comprise three shallow-bay industrial buildings totaling 126,500 square feet.DevelopmentIndustrialEli Lilly Starts Building Record $6.5B Houston Manufacturing FacilitySep 21, 2026The pharmaceutical giant's new Houston-based facility will create 600 jobs, boosting life sciences in Generation Park.DevelopmentWentworth Tech Breaks Ground on Residence Tower for First-Year StudentsSep 21, 2026Wentworth Institute of Technology has broken ground on the First-Year Tower, an 18-story, 240,450-square-foot residence hall that will house 972 students and bring the Boston university’s entire first-year residential class together in a single building for the first time.DevelopmentIndustrialIndustrial Construction Costs Rise Amid Improving DemandSep 21, 2026Industrial construction costs are rising across the Americas amid improving demand and a recovering development pipeline that create renewed competition for materials and skilled labor, Cushman & Wakefield reported Monday.Representative imageDevelopmentLivmark, Hillside to Develop 185-Unit Multifamily Community in Longmont, ColoradoSep 21, 2026LONGMONT, COLO. — Livmark Communities and Hillside Commercial Group have started construction of Fielder at Fox Hill, an apartment and townhome property adjacent to Fox Hill Country Club golf course in Longmont.DevelopmentOHT Partners Breaks Ground on 360-Unit Multifamily Project in West HoustonSep 21, 2026HOUSTON — Austin-based developer OHT Partners has broken ground on Park Row, a 360-unit multifamily project in West Houston. The 14-acre site at 14192 Park Row Blvd.DevelopmentUSF Breaks Ground on $500M Mixed-Use VentureSep 21, 2026The University of South Florida (USF) and its development partners have broken ground on the $500 million first phase of Uptown Landing, a new mixed-use project in Tampa, within walking distance of the planned USF on-campus football stadium.Representative imageDevelopmentCentersGBT Realty to Develop 300,000 SF Retail Center in Gallatin, TennesseeSep 21, 2026GALLATIN, TENN. — GBT Realty Corp. plans to develop The Crossroads of Gallatin, a nearly 300,000-square-foot shopping center located in Gallatin, a middle Tennessee city approximately 30 miles northeast of Nashville.DevelopmentBuild Inc. Served With Notice Of Default On India Basin ProjectSep 18, 2026A notice of default was served to Build Inc. for its India Basin project that would span 1,200 homes and 270K SF of commercial space.DevelopmentCapstone Breaks Ground on 256-Unit Multifamily Development in Centerton, ArkansasSep 18, 2026CENTERTON, ARK. — Capstone Building Corp. has broken ground on The Emerald, a 256-unit multifamily development located in the northwest Arkansas city of Centerton. The $45 million apartment complex is slated for completion in October 2028.DevelopmentConstruction’s Growth Story Depends on What’s Being BuiltSep 18, 2026U.S. construction market data tells two stories. New construction starts fell 20% month over month in June, on the heels of a 33.5% gain in May.DevelopmentOfficeChicago/Midwest People & Company News, week of September 18, 2026Sep 17, 2026Pepper Construction announced that Ty Parshall will succeed Scott Haddock as the leader of Pepper’s Central Ohio Office after Haddock’s retirement. Parshall joined Pepper in 2014 as a project manager and has become an integral leader within the company’s Ohio operations.DevelopmentDeveloper Launches Investor Offering for 465-Unit Boynton Beach Rental CommunitySep 17, 2026Time Equities, Inc launched a $95.3 million tenant-in-common (“TIC”) investment offering for OCTAVIA, an eight-story, 465-unit Class A multifamily community under construction in downtown Boynton Beach, Florida.DevelopmentIndustrialMagnus Breaks Ground on 226,800 SF Industrial Building at 803 Park in Columbia, South CarolinaSep 17, 2026COLUMBIA, S.C. — Magnus Development Partners has broken ground on Gateway 2, the fourth building at the 803 Park industrial campus adjacent to Columbia Metropolitan Airport.DevelopmentCentersCord Meyer Breaks Ground on Rentals at Bay Terrace Shopping CenterSep 16, 2026Cord Meyer Development broke ground on its new residential community at the Bay Terrace Shopping Center, which the company developed more than 60 years ago.DevelopmentIndustrialSaval Foods Headquarters, Distribution Center Breaks Ground in MarylandSep 16, 2026Foodservice distribution company Saval Foods, in partnership with Howard Hughes Communities, has broken ground on a new headquarters facility.