Mixed-Use

Evergreen Development Acquires 11.7 Acres in Mesa, Arizona, Plans Mixed-Use Project

by Amy Works September 8, 2026

MESA, ARIZ. — Evergreen Development has acquired 11.7 acres of land in Mesa, with plans to build a mixed-use project that will feature multifamily space and a new retail center. The retail portion of the site is planned to comprise an approximately 8,500-square-foot multi-tenant retail building for restaurant and retail uses, as well as a 2,360-square-foot freestanding Chipotle with a drive thru. The multifamily portion will include 261 apartments across nine three-story buildings. Evergreen plans to break ground on the project in the first quarter of 2027, with lease-up beginning in the second quarter of 2028. Brookfield sold the site for an undisclosed price.

September 8, 2026

Development Hospitality Loans Midwest Mixed-Use Multifamily Office Ohio Top Stories

ErieView Development Closes $218M Financing for W Cleveland Mixed-Use Tower

by John Nelson September 8, 2026

CLEVELAND — ErieView Development, an Ohio-based real estate development firm headed by the Kassouf family, has closed on $218 million in financing for the new W Cleveland mixed-use tower in downtown Cleveland. The adaptive reuse project will convert the 40-story Erieview Tower at 1301 E. 9th St. into a 210-room W Cleveland hotel, 215 rental residences and Class A office space. The W Cleveland’s residential units will mark the first apartments under the W brand that are exclusively for-rent, rather than for-sale, residences. The project also represents the first W hotel in Ohio and Marriott International’s first luxury hotel brand to open in Cleveland since the opening of The Ritz-Carlton Cleveland in 1990. Both renters and hotel guests will have access to 24-hour concierge services and other amenities, including a fitness center and spa. Both the hotel and apartments are slated to open in late 2027. The offices at W Cleveland, which will be on floors 29 through 38, will be delivered on a turnkey basis on tenant schedules through 2028. ErieView Development plans to appoint a leasing agency for the offices in the fourth quarter of this year. Other components of the W Cleveland will include a signature restaurant and …

September 8, 2026

Acquisitions Mixed-Use Multifamily Retail Washington Western

IPA Negotiates Sale of 95-Unit Apartment Complex in Seattle’s Eastlake Neighborhood

by Amy Works September 2, 2026

SEATTLE — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of East Howe Steps, an apartment complex located in Seattle’s Eastlake neighborhood. The seller was Bender Equities. An affiliate of Sequel Investment Co. and Evergreen Gavekal acquired the property for $35 million, or $351,579 per unit. Philip Assouad, Giovanni Napoli, Ryan Harmon, Nick Ruggiero and Anthony Palladino of IPA, represented the seller in the deal. Brian Eisendrath, Cameron Chalfant, Jake Vitta, Ray Allen and Tyler Johnson of IPA Capital Markets arranged acquisition financing for the buyer. Completed in 2016, East Howe Steps features two four-story buildings with a total of 95 studio, one- and two-bedroom apartments, four live/work units with private street-level entrances and 3,000 square feet of ground-floor retail space. The property includes a rooftop deck, open-air walkways, landscaped courtyards, a fitness center, controlled-access parking garage, bike storage and onsite paddle board and kayak rentals.

September 2, 2026

Kansas Midwest Missouri Mixed-Use

Kansas City Chiefs, Hunt Midwest Launch Two-Point Development

by Kristin Harlow September 2, 2026

KANSAS CITY, MO. — The Kansas City Chiefs and Hunt Midwest are launching Two-Point Development, a joint real estate venture that will help shape mixed-use districts around the football franchise’s new stadium in Kansas City, Kan., and its new headquarters and training facility in Olathe, Kan. The long-term strategic partnership is meant to ensure that both developments create year-round sports and entertainment destinations that will spur regional economic activity and create new jobs. Two-Point Development will serve as master developer for the design and development of both districts, overseeing the architects, engineers, land planners and general contractors who will bring the projects to life. In Kansas City, the development will blend entertainment, hospitality, retail, residential and public gathering spaces. In Olathe, the team’s headquarters and practice facility will serve as the centerpiece of a mixed-use environment. The Two-Point Development name stems from Lamar Hunt’s vision for including the two-point conversion in professional football. Hunt founded the Dallas Texans in 1960, and the franchise moved to Kansas City in 1963. The team is under the ownership of the Hunt Family. The Chiefs projects are part of a partnership with support from the State of Kansas, the Kansas Department of Commerce, the …

September 2, 2026

Development Florida Loans Mixed-Use Multifamily Southeast

SCALE Lending Provides $245M Loan for First Phase of Upland Park Apartments in Miami

by John Nelson September 1, 2026

MIAMI — SCALE Lending, the debt financing arm of Slate Property Group, has provided a $245 million bridge loan for Phase IA of Upland Park, a $1 billion mixed-use development underway on 47 acres in Miami’s Sweetwater neighborhood. The transit-oriented project is a redevelopment of West Miami-Dade County’s former Dolphin Park-and-Ride/Transit Terminal Facility. The borrower and developer, Terra Group, will use proceeds of the loan to pay off the existing construction loan, which was also provided by SCALE Lending. The floating-rate loan features two six-month extension options. Terra expects to complete construction of the first phase, which comprises 578 apartments across five residential buildings, next month. The company has tapped Charleston-based Greystar as the property manager. Floorplans come in studio through three-bedroom configurations, with monthly rental rates ranging from $2,726 to $4,811, according to Apartments.com. Amenities will include pickleball courts, a dog park, bike storage, EV charging stations, swimming pools, lake access and a clubhouse featuring a theater, social lounges, a business center, fitness centers and a children’s playroom. The design-build team includes PPK Architects, master architect Arquitectonica and urban planner Plusurbia Design. At full completion, Upland Park will feature more than 2,000 apartments, a 126-room hotel, roughly 282,000 square …

September 1, 2026

Arizona Development Mixed-Use Office Retail Western

Trammell Crow Co. Completes Sprouts Farmers Market Headquarters in Phoenix

by Amy Works September 1, 2026

PHOENIX — Trammell Crow Co. has completed a 181,000-square-foot mixed-used development in Phoenix. Project partners include U.S. Realty Advisors, RSP Architects, Wespac Construction, Keyser and JLL. The 8-acre project consists of a 145,000-square-foot Class A office building serving as Sprouts Farmers Market’s corporate headquarters, a 25,000-square-foot flagship Sprouts grocery store and approximately 11,000 square feet of additional retail space. The grocery store opened to the public on July 24, 2026, and the office headquarters building is now ready for occupancy. Located within the CityNorth development near 56th Street and Loop 101, the headquarters features a community garden, rooftop deck, fitness center and culinary kitchens.

September 1, 2026

Development Mixed-Use Texas Top Stories

Lincoln Property Co., Kairoi Complete 74-Story Waterline Mixed-Use Tower in Downtown Austin

by Taylor Williams August 31, 2026

AUSTIN, TEXAS — A partnership between Dallas-based Lincoln Property Co. and San Antonio-based Kairoi Residential has completed Waterline, a 74-story mixed-use tower located at 98 Red River St. in downtown Austin. According to the development team, at 1,025 feet, Waterline is now the tallest building in Texas. The 2.7 million-square-foot building gets its name from the site’s location near the nexus of Waller Creek and Lady Bird Lake. Construction of Waterline began in fall 2022 and topped out last August. According to the development team, construction was completed two months ahead of schedule. Waterline features approximately 350 apartments on the top 33 floors called Bosque Residences at Waterline, in addition to some 700,000 square feet of office space, a 251-room hotel that will be operated under the 1 Hotels brand and 24,000 square feet of ground-floor retail and restaurant space. Residential amenities include two pools, a fitness center, lounge, kitchen and coworking space. Office tenants also have access to a fitness center, as well as a bar and lounge and indoor meeting spaces. Kohn Pedersen Fox (KPF) served as the architect for Waterline, and DPR Construction acted as the general contractor. Canadian pension fund PSP Investments was an equity partner …

August 31, 2026

Development Loans Mixed-Use Texas

Concord Summit Capital Arranges $28M in Financing for Metro Houston Mixed-Use Project

by Taylor Williams August 27, 2026

FRIENDSWOOD, TEXAS — Florida-based intermediary Concord Summit Capital has arranged $28 million in financing for The Albritton, a 163,176-square-foot mixed-use project that is under construction in the southeastern Houston suburb of Friendswood. The Albritton is planned to feature 111 apartments, 11,000 square feet of retail space, 9,000 square feet of office space and a 72,000-square-foot parking garage. Daniel Eidson and Ben Applebaum of Concord Summit Capital originated the nonrecourse loan through an undisclosed lender on behalf of the borrower, Tannos Development Group. Completion is slated for 2028.

August 27, 2026

Acquisitions Arizona Healthcare Industrial Mixed-Use Office Western

Venture West Group Sells Innovation Park in Oro Valley, Arizona for $21.2M

by Amy Works August 27, 2026

ORO VALLEY, ARIZ. — Venture West Group has sold Innovation Park, a 333-acre master-planned business park in Oro Valley, to Bourn Cos. for $21.2 million. Robert Glaser, Richard Kleiner, Greg Furrier, Alexis Corona and Natalie Furrier of Cushman & Wakefield | PICOR represented the seller in the transaction. Kate Zimmerman, also with Cushman & Wakefield | PICOR, supported the transaction. Located at the northwest corner of Oracle and Tangerine roads, the business park is home to a variety of tenants, including Roche Tissue Diagnostics, the University of Arizona Center for Innovation at Oro Valley and Oro Valley Hospital.

August 27, 2026

High-Mountain-Promenade-North-Haledon-New-Jersey

Development Mixed-Use New Jersey Northeast

Partnership Breaks Ground on Mixed-Use Project in North Haledon, New Jersey

by Taylor Williams August 27, 2026

NORTH HALEDON, N.J. — A partnership between two New Jersey-based groups, Tulfra Real Estate and The Hampshire Cos. has broken ground on High Mountain Promenade, a mixed-use project in the Northern New Jersey community of North Haledon. The development will comprise a 596-unit, 74,715-square-foot (gross) self-storage facility, as well as 90 apartments and 4,400 square feet of retail space. First Bank provided construction financing for the project, which was arranged by JLL. A tentative completion date was not disclosed.

August 27, 2026

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