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Development news – page 8
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Portman, 908 Group Deliver 674-Bed Student Housing Community Near Florida State UniversityTALLAHASSEE, FLA. — Atlanta-based Portman and Tampa-based 908 Group, along with Canyon Partners Real Estate and PTM Partners, have opened The Hall, a 674-bed student housing community near Florida State University (FSU) in Tallahassee.
Genentech Tops Out $2B Holly Springs Manufacturing FacilityGenentech raised the final beam of its new manufacturing facility in Holly Springs, North Carolina, during a topping-out ceremony. The milestone reflects continued progress on Genentech’s approximately $2 billion investment in its first-ever East Coast manufacturing facility.
McDowell Starts Work on Hudson Age-Restricted, Affordable ApartmentsMcDowell Housing Partners closed on a construction loan and started work on Ekos at Bayonet Point II, the second phase of a three-phase master-planned community that will bring 360 affordable homes to Pasco County.
Retail Regains Its Footing as Demand Returns and Supply Stays SoftAfter a soft first quarter, the retail sector regained positive momentum in Q2 as tenant demand returned, vacancies remained stable and new construction stayed limited.
Developers Line Up To Convert Boston Offices To Housing, But Most Still Stuck At Starting GateMost of Boston's proposed office-to-housing projects have yet to start construction as developers face rising costs and policy hurdles.
Kirkland Condominium Project Reaches Construction MilestoneCordillera Homes announced several significant construction milestones at Central Peak Residences, a boutique collection of 26 condominiums in the heart of downtown Kirkland, including completion of the project’s cast-in-place concrete structure and the start of wood framing.
Creation Breaks Ground on 700,000 SF Avondale Tech Center in ArizonaAVONDALE, ARIZ. — Local developer Creation, in partnership with a real estate fund advised by Crow Holdings Capital, has broken ground on Avondale Tech Center, a 700,000-square-foot Class A industrial campus on the western outskirts of Phoenix.
D.C.'s Office Market Is Getting A MakeoverRenovations are taking off in the District as owners invest millions to meet the demand for high-quality spaces.
Controversial $18M Charlotte-Area Hotel Project Gets Rezoning ApprovalThe vacant 6-acre parcel will shift from rural preservation to conditional zoning, despite opposition from locals.
Miami Design District Owners Land $125M to Build Mixed-Use BuildingA joint venture led by the owners of the Miami Design District has secured $125 million in debt to add a mixed-use building designed by world-renowned Snøhetta within the luxury, open-air mall, property records show.
Creation, Crow Holdings Building 700K-SF Avondale Warehouse FacilityCreation in partnership with a real estate fund advised by Crow Holdings Capital, has begun construction on Avondale Tech Center, a three-building Class-A industrial campus spanning 38 acres and totaling approximately 700,000 square feet.
JPI to Develop $90M Multifamily Project in Northwest AustinAUSTIN, TEXAS — Metro Dallas-based JPI will develop Jefferson Pearson Ranch, a $90 million multifamily project in northwest Austin.
Thompson Thrift to Develop 300-Unit Apartment Community in Chelsea, AlabamaCHELSEA, ALA. — Thompson Thrift plans to develop Rivet, a 300-unit apartment community in Chelsea, a suburb of Birmingham in Shelby County. The Indianapolis-based developer is capitalizing the project with equity from Thompson Thrift 2025 Multifamily Development LP.
Jackson-Shaw Breaks Ground On Huge Industrial Park In Denton: The DFW Deal SheetNational developer Jackson-Shaw starts work on Horizon 35, a 900K SF industrial park in Denton, Texas.
Jackson-Shaw Breaks Ground on 908,730 SF Industrial Project in Denton, TexasDENTON, TEXAS — Developer Jackson-Shaw has broken ground on Horizon 35, a 908,730-square-foot industrial project in the North Texas city of Denton.
Liberty Center Undergoes $20M Renovation in Suburban CincinnatiLIBERTY TOWNSHIP, OHIO — Liberty Center is undergoing more than $20 million in completed, ongoing and planned investments designed to support the mixed-use destination’s next phase of growth, including future hotel and residential development opportunities.
PMB, Loma Linda University Health Break Ground on Inpatient Rehab HospitalPMB, a leading healthcare real estate developer, and Loma Linda University Health with Lifepoint Rehabilitation, a business unit of Lifepoint Health, recently broke ground on a new, 99,000-square-foot, 80-bed inpatient rehabilitation hospital in Redlands.
Developer Proposes 600+ Mixed-Income Apartments in Bronx’s Soundview NeighborhoodBrooklyn-based Heights Advisors has filed a land use application to build 606 mixed-income apartments in the Soundview section of the Bronx. The 21-story, 515,000-quare-foot mixed-use building at 945 White Plains Rd.
Amwins Moving Ahead on 15-Story Charlotte Office TowerAmwins Group plans to build a 15-story, 250,000-square-foot office tower at the former Sharon Station site on Sharon Road. The global insurance company asserts the building should cost $39 million.
NRP Group Breaks Ground on 312-Unit Luxury Apartment Community in Port St. Lucie, FloridaPORT ST. LUCIE, FLA. — The NRP Group has broken ground on a 312-unit luxury apartment complex located within the master-planned community of Tradition in Port St. Lucie.