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Shopping centers: development
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New-Construction Vista Strip Center Goes to Institutional BuyerJLL Capital Markets completed the sale of Sunroad Plaza, a 23,540-square-foot retail center at 485 Hacienda Dr. in Vista. The price was not disclosed.
Representative imageGBT Realty to Develop 300,000 SF Retail Center in Gallatin, TennesseeGALLATIN, 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.
Cord Meyer Breaks Ground on Rentals at Bay Terrace Shopping CenterCord Meyer Development broke ground on its new residential community at the Bay Terrace Shopping Center, which the company developed more than 60 years ago.
Representative imageShort-Term Rental Giant Airbnb Launches $250M Housing Construction FundAirbnb is joining the fight to alleviate America’s ongoing housing supply shortage. The online rental housing marketplace announced Monday that it plans to invest $250 million to fill financing gaps in the development of affordable and mixed-income multifamily projects.
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.
JBL Hopes to Convert Deerfield Beach Retail Center into 736 ApartmentsJBL is pursuing a plan to redevelop a Deerfield Beach shopping center, converting it into apartments and some retail. The town is considering JBL’s plan to rezone a 13-acre parcel on S. Federal Highway. The S.
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.
Agora Delivers 90K-SF N. Las Vegas Retail CenterAgora Realty (Agora) has completed construction for Hylo Park South, its 90,750-square-foot grocery-anchored retail center located at the southeast corner of Lake Mead Blvd. and Rancho Drive in the city of North Las Vegas.
Woodfield Development Breaks Ground on $100M Apartment Community in Cary, North CarolinaCARY, N.C. — Woodfield Development has broken ground on a 330-unit apartment community located across from the Tryon Village shopping center at 2818 Macedonia Road in Cary, a suburb of Raleigh.
Texas Stock Exchange Starts Trading OperationsThe Texas Stock Exchange (TXSE) officially launched on Monday, beginning trading operations from its headquarters in Dallas. The exchange operates from Weir’s Plaza on Knox Street, but has signed a lease at the Bank of America Tower at Parkside, under construction in Uptown.
Big V, Seitz Start Work on 355K-SF Anna Retail CenterBig V Property Group and The Seitz Group are beginning construction on Rosamond Town Center in Anna, Texas The 355,826-square-foot, open-air center will be anchored by Academy Sports + Outdoors, Aldi, Burlington, EOS Fitness, Hobby Lobby, HomeGoods, PetSmart and T.J.
Asana Partners Invests $25M for Redevelopment of Retail Center in Salt Lake CitySALT LAKE CITY — Asana Partners has invested $25 million to redevelop Foothill Village, a 260,000-square-foot retail center located in the East Bench neighborhood of Salt Lake City.
Piazza Auto Group Breaks Ground on 270-Unit Multifamily Project in Ardmore, PennsylvaniaARDMORE, PA. — An affiliate of Piazza Auto Group has broken ground on a 270-unit multifamily project in Ardmore, a northwestern suburb of Philadelphia. The Plaza at Ardmore will offer studio, one-, two- and three-bedroom floor plans.
Gould Property Co., Konterra Realty Break Ground on 400-Acre MD ProjectKonterra Realty, the real estate arm of Gould Property Co., recently broke ground on the first phase of the Konterra Town Center East project in Prince George’s County.
Representative imageMalabar Hill Breaks Ground on 27,000 SF Retail Project in Manvel, TexasMANVEL, TEXAS — Malabar Hill Capital, a locally based developer, has broken ground on The Market at Meridiana, a 27,000-square-foot neighborhood shopping center that will be located in Manvel, roughly 25 miles south of Houston.
Vornado, Stellar Finalize Plans to Add 976 Residential Units to Independence PlazaVornado Realty Trust and Stellar Management have finalized plans to build an additional 72-story residential tower at Independence Plaza, a three-building, 1,328-unit multifamily campus in Manhattan’s Tribeca neighborhood, according to a Wednesday filing with the New York City…
Mill Creek Breaks Ground on Apartments at Westfield Garden State PlazaThe mixed-use redevelopment of the 2.1-million-square-foot Westfield Garden State Plaza in Paramus, NJ advanced with Mill Creek Residential’s groundbreaking on Modera Garden State Plaza, a contemporary mixed-use community that will feature 575 units in two separately branded…
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.
NewMark Merrill Plans Q2 Groundbreaking for Victorville Shopping CenterNewMark Merrill Companies, Inc., in partnership with World Premier Investments and R.Y. Properties, Inc. has received entitlements to develop Desert Sky Plaza II, a 30-acre, 297,363-square-foot shopping center in Victorville.