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Development news – page 7
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City of Alpharetta Approves North Point Mall Rezoning for Planned Hockey-Anchored Mixed-Use VillageALPHARETTA, GA. — The Alpharetta City Council has approved the rezoning of North Point Mall, a shuttered 1.3 million-square-foot shopping mall that originally opened in 1993.
Hanover Co., Crow Holdings Capital Underway on 200,000 SF Industrial Project in Simi Valley, CaliforniaSIMI VALLEY, CALIF. — Hanover Co., in partnership with Crow Holdings Capital, is underway on construction of an industrial project on a 13-acre site at 903 Quimisa Drive in Simi Valley, located in southeastern California.
Representative imageGeorge Comfort & Sons Underway on Renovation of 350,000 SF Office Building in Lower ManhattanNEW YORK CITY — Local owner-operator George Comfort & Sons is underway on the renovation of 44 Wall Street, a 350,000-square-foot office building in Lower Manhattan’s Financial District.
Hanover Company Launches Construction on Its First SoCal IndustrialHanover Company, alongside its capital partner, a real estate fund advised by Crow Holdings Capital, has begun construction on a ground-up industrial development in Simi Valley. The project marks the developer’s debut in the region.
Eliot Spitzer Gains State Approval to Redevelop 985 Fifth Avenue After Legal BoutFormer New York Gov. Eliot Spitzer will finally get to demolish 985 Fifth Avenue after suing the state to obtain approval.
Urban Story Ventures, Hill Partners to Develop $350M Mixed-Use District at The Bend in ChattanoogaCHATTANOOGA, TENN. — A partnership between Urban Story Ventures and Hill Partners has announced plans for a new $350 million retail and residential district at The Bend, a 120-acre mixed-use redevelopment in downtown Chattanooga.
FRP, Woodfield Begin Vertical Construction on Mixed-Use Development in Southwest FloridaESTERO, FLA. — FRP Development Corp. and Woodfield Development have begun vertical construction on a mixed-use development underway in Estero, an incorporated village in Southwest Florida’s Lee County.
ANF Tops Out Luxury Seniors Housing Community in Delray Beach, FloridaDELRAY BEACH, FLA. — Construction and development firm ANF Group Inc. has completed the topping out of All Seasons Delray, a luxury senior living community currently underway in South Florida’s Palm Beach County. Beztak is the developer.
April Housing Underway on $24M Renovation of Metro Houston Affordable Housing PropertySTAFFORD, TEXAS — April Housing, Blackstone Real Estate’s affordable housing division, is underway on the $24 million renovation of Park at Fort Bend, a 250-unit affordable housing property in Stafford, a southwestern suburb of Houston.
Podmajersky to Build 12,000 SF Spec Industrial Facility in ChicagoCHICAGO — Developer Podmajersky Inc., led by John Podmajersky III, is developing a small-bay industrial facility totaling 12,000 square feet in Chicago’s East Pilsen area. Avison Young has been retained to market the speculative development at 2100 S. Canalport Ave. for lease.
Landmark Properties Delivers 1,261-Bed Student Housing Near USC CampusLandmark Properties has delivered The Standard at Los Angeles, a 429-unit, 1,261-bed student housing community at 3900 South Figueroa St., 0.3 miles from the University of Southern California in Los Angeles. It represents Landmark’s second ground-up development in LA.
Alliance Building Houston-Area Complex Amid Declining Multifamily ConstructionAlliance starts Broadstone Gosling Oaks amid multifamily construction decline in Houston area.
Waterford Launches Construction on Milpitas Affordable HousingWaterford Property Company has begun construction on a 75-unit affordable housing community in the Santa Clara County city of Milpitas. The project is being financed with 4% low-income tax credits and private activity bonds and is set for completion in early 2028.
W Properties Mixing BTR and Garden-Style Apartments in MelissaW Properties plans to build a 252-unit garden-style multifamily community on approximately 12 acres adjacent to Everbloom (shown), the company’s 343-unit build-to-rent community in Melissa, Texas.
TCC, Daiwa House Break Ground on 687,338 SF Industrial Project in Southwest HoustonHOUSTON — A joint venture between Trammell Crow Co. (TCC) and Japanese developer Daiwa House has broken ground on a 687,338-square-foot industrial project in southwest Houston.
Kinsmen Property Group Plans to Bring 322 New Homes to 156-166 BoweryKinsmen Property Group, a New York City-based real estate development and investment firm, has big plans to build 322 homes along the Bowery in Manhattan’s Nolita neighborhood, Commercial Observer has learned.
Representative imageAmazon to Invest $6B to Build New Data Center Campus in Shreveport, LouisianaSHREVEPORT, LA. — Amazon has unveiled plans to invest an estimated $6 billion in northwest Louisiana for the development of a new data center.
MassDevelopment Issues Tax-Exempt Bond for Smith College RenovationsMassDevelopment issued a $45.7-million tax-exempt bond on behalf of The Trustees of the Smith College to complete a range of renovation projects at the college’s Northampton campus.
AI Supplier Building $275M El Paso-Area FactoryWiWynn Technology is planning to build an 886K-SF factory in Socorro, just outside El Paso. The company will need 2,000 workers to man the new operation. WiWynn builds infrastructure for AI data centers. The plant will support the distribution of IT cloud products and components.
Trammell Crow Starts Phase Of 2M SF Industrial Park: The Houston Deal SheetThe new phase includes 687K SF buildings, and another 1.3M SF industrial park is financed.