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Development news – page 5
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Representative imageLarken Associates Completes Renovation of 67,040 SF Office Building in Flemington, New JerseyFLEMINGTON, N.J. — Locally based owner-operator Larken Associates has completed the renovation of Raritan Commons, a 67,040-square-foot office building in Flemington, about 60 miles southwest of Manhattan.
Crescent Starts Work on 313-Unit Nashville Rental CommunityCrescent Communities is developing NOVEL oneC1TY, a new 313-unit residential community planned for oneC1TY, the mixed-use destination at the intersection of I-440 and Charlotte Avenue in West Nashville.
Retail Dynasty Pushes Button On Pair Of London Coliving SchemesBlue Coast Capital and HUB are teaming up to build central London coliving spaces.
Podcast: How Physical Property Data Drives Key CRE Decisions, ID Plans’ Jordan HearinJordan Hearin is the chief strategy officer at ID Plans, a platform that digitizes the physical reality of commercial real estate assets to support leasing, property management, construction, and asset management across the full property lifecycle.
NRP Group Breaks Ground on 336-Unit Affordable Housing Project in Southeast AustinAUSTIN, TEXAS — The NRP Group, a Cleveland-based multifamily developer, has broken ground on Catalina, a 336-unit affordable housing project in southeast Austin.
Trammell Crow-Led Team Delivers 686K-SF Atlanta-Area Warehouse FacilityTrammell Crow Company and its joint venture partner, a consortium led by CBRE Japan, have delivered Buford Creek Business Center, a three-building, 686,400-square-foot speculative industrial park in Buford, Georgia, approximately 30 miles northeast of Atlanta.
After Foreclosure Saga, Charles Cohen Plans Office Complex in Florida’s Dania BeachCharles Cohen is rising from the ashes of foreclosure with plans to build a speculative office complex in Dania Beach, Fla., near Fort Lauderdale’s main airport.
Eastwind Building 264-Unit Melbourne Apartment CommunityEastwind Development began construction of The Aston at Longleaf, a 264-unit luxury apartment community on Preserve Drive in Melbourne, Florida.
Future White Sox Owner Advances Push To Build New Riverside StadiumA company owned by minority owner Justin Ishbia unveiled renderings for a mixed-use development called The Railyards on the site of Amtrak's 47-acre rail yard.
Center City Office Demand Starts Spilling From Trophy To Class-A Despite Debt IssuesCBRE predicts office vacancy in Philly's CBD will peak this year as more Class-A buildings come under new ownership and sign more tenants.
Data Center Operator to Begin Work on 192K-SF Hutt0 Project in DecemberColovore is planning to start construction on the 192,000-square-foot data center project at 2401 Innovation Blvd. in December. The project will be complete by December 2028. The price was pegged at $280 million.
Wood Partners Breaks Ground on All-Electric Community Near BostonNational multifamily developer Wood Partners is expanding its presence in Massachusetts with the construction of a sustainable 237-unit community in Concord, about 20 miles northwest of Boston.
How Smart Builders Cut Costs During PreconstructionIn today’s market, builders are met with longer decision-making timelines and increased scrutiny over budgets before projects are approved, according to John Line, executive vice president with Farmington Hills, Michigan-based Huntington Construction.
Walmart to Build $1.3B Franklin County Fulfillment CenterWalmart plans to build a high-tech fulfillment center in Carnesville, creating 1,000 new jobs and bringing $1.3 billion in investment to Franklin County. Carnesville is approximately 85 miles northeast of Atlanta.
Southeastern Tops Out 330-Unit Multifamily Redevelopment Project in HoustonHOUSTON — Georgia-based developer Southeastern has topped out a 330-unit multifamily redevelopment project in the Montrose neighborhood of Houston.
Representative imageHLCI to Develop 238,000 SF Industrial Project in North Fort WorthFORT WORTH, TEXAS — Holt Lunsford Commercial Investments (HLCI) will develop Meacham 820 Crossing, a 238,000-square-foot industrial project in North Fort Worth.
Integral Announces Construction Start for 900-Unit Durham Apartment DevelopmentDubbed Tribute Rising, The Integral Group announced when it will kick off construction on the 907-unit apartment and retail venture.
Data Center Construction Surges to Record 7,481 MWDespite record construction activity, North American data center demand outpaced supply during the first half of the year, according to CBRE’s latest North American Data Center Trends Report.
Development Team Starts Work on Milpitas Affordable Housing ProjectWaterford Property Co. has started construction of a 75-unit affordable multifamily property located at 1397 California Circle in Milpitas, located in California’s Santa Clara County.
Investor General Atlantic to Anchor Related’s 625 Madison Avenue in 150K-SF DealRelated Companies just nabbed an anchor tenant for its under-construction office tower at 625 Madison Avenue in Manhattan’s Plaza District, the developer announced Tuesday.