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Development news – page 37
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Joint Venture to Develop $67M Multifamily Project in Lehigh ValleyPALMER TOWNSHIP, PA. — A joint venture between Greystone Capital, Black Bear Asset Management and The Crest Group will develop a $67 million multifamily project in Palmer Township, located outside of Allentown in the Lehigh Valley region.
Accesso to Start Work on Expansive Austin Redevelopment ProjectAccesso will break ground on the multi-phase mixed-use project at the property at 7700 Parmer Lane in 2027, and will also renovate the existing office buildings on the campus, currently the fourth-largest office campus in the metro at 911,573 square feet.
H-E-B Rehabs Landfill, to Build Expanded Buda StoreAfter taking away nearly 20 feet of dirt from a Buda landfill, grocery giant H-E-B has been greenlit to build an expanded 135,000 square foot store. The town granted the chain a $20 million incentive package to support H-E-B’s remediation efforts.
Third & Urban Unveils Renovation Plans for Atkins Park Retail Cluster in AtlantaATLANTA — Locally based Third & Urban has unveiled renovation plans for the Atkins Park Collection, a 61,120-square-foot retail portfolio located in Atlanta’s Virginia-Highland neighborhood.
Northern Builders to Develop 365K-SF Industrial Facility at Cherry Hill Business ParkNorthern Builders plans today to develop a new 365,000 square foot build-to-suit industrial facility in New Lenox, Illinois for an undisclosed user. Situated on approximately 19.9 acres along W.
$35M Addition, Renovation to Nebraska Performing Arts Center Breaks GroundThe Lied Center for Performing Arts in Lincoln officially broke ground on Building the Future, a $35 million privately funded addition and renovation to Nebraska’s Performing Arts Center.
Long-Stalled Redevelopment Commences at Bakersfield’s Former East Hills MallThe development team behind City Lights, a 350,000-square-foot open-air retail destination planned for Northeast Bakersfield on the site of the former East Hills Mall, announced that construction has begun on the project at 3000 Mall View Road.
EastGroup Eyeing 1M-SF Frisco Industrial VentureEastGroup Properties plans to build a 98-acre warehouse development along SH 121 received the blessing from the Frisco City Council. The development will provide over 1 million square feet of office and industrial space across 11 buildings.
Representative imageWeWork Announces New 37K-SF Location at 511 Fifth AvenueWeWork continues to build on its success coming out of Chapter 11 bankruptcy as it prepares to open another New York City location by the end of 2026.
Iconic Nashville Building Converting to Highrise HotelA local development firm is planning to develop a more-than-200-room hotel at the site of the iconic Barbershop Harmony Society, located near Broadway at 110 Seventh Ave. N. Sanders Carter is planning a development that could be a 30-story high-rise on the property.
Charlotte Developer Trio Breaks Ground on $67.1M Rec CenterWork began recently on Eastland Sports Campus, a 29-acre, 100,000-square-foot indoor sports center with space for 10 full-size basketball courts, as well as six outdoor soccer fields with multipurpose flexibility.
Sweet Creek Capital to Develop 70-Unit Rental Townhome Community in Castle Pines, ColoradoCASTLE PINES, COLO. — Sweet Creek Capital, a newly launched Denver-based real estate investment and development firm, is developing The Peaks at Canyons, a rental townhome property in Castle Pines.
Sunbelt Investment Holdings to Develop 363-Unit Multifamily Community in PhoenixPHOENIX — Sunbelt Investment Holdings (SIHI) has commenced development of Sanctuair Deer Valley, a Class A multifamily development on 18 acres at the northwest corner of 19th Avenue and West Grandview in Phoenix.
Marx Realty Launches Expansion at Yonkers’ Cross County CenterMarx Realty has begun construction on a two-building, 58,000-square-foot retail expansion at Cross County Center in Yonkers, NY.
BART, Related California Break Ground on El Cerrito TODRelated California and Bay Area Rapid Transit (BART) have broken ground on the first phase of a transit-oriented development at the El Cerrito BART Station.
Representative imagePennrose Breaks Ground on 50-Unit Affordable Housing Community in Superior, ColoradoSUPERIOR, COLO. — Pennrose has broken ground on Kite Route Crossing, a 50-unit affordable multifamily property for residents age 55 and older in downtown Superior.
Cromwell Commercial Eyes Elgin for Major Mixed-Use ProjectCromwell Commercial Group has plans to build a hotel in Elgin, as well as some other commercial real estate buildings. Cromwell received the go-ahead from the local town council to proceed with its 76-acre project called Silo Ranch.
Affordable Housing Venture to Rise Across from Atlanta’s City HallGorman & Co. is building 83 affordable housing units on the campus of Trinity United Methodist Church, a 100-year-old landmark that will remain intact. Groundbreaking is expected this summer.
Representative imageWomen in Construction Week: When Drawings Meet RealitySamantha Trumbetti, a project manager at Skanska, on leading complex developments and navigating the realities of construction leadership. The post Women in Construction Week: When Drawings Meet Reality appeared first on Commercial Property Executive.
Nationwide Realty Investors Unveils Renovation of Columbus Mixed-Use ProjectNationwide Realty Investors announced a major renovation of the 18-story tower at 280 High, formerly known as Two Nationwide Plaza, in downtown Columbus. The building will be renamed The Centennial on High.