Thursday, October 15, 2026
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5550-LBJ-Freeway-Dallas
DevelopmentMultifamilyTexas

HSR Breaks Ground on 435-Unit Mixed-Income Multifamily Project in North Dallas

by Taylor Williams

DALLAS — High Street Residential (HSR) has broken ground on a 435-unit mixed-income multifamily project in North Dallas. The project will occupy 5.4 acres within the larger, 8.6-acre site at 5550 Lyndon B. Johnson Freeway, which formerly housed an office building. The new development will consist of two buildings that will rise five and seven stories and will house 217 market-rate units and 218 affordable housing units. Specifics on floor plans and income restrictions were not disclosed. Amenities will include a pool, clubroom, sports lounge, fitness center, grilling stations and a rooftop terrace. HSR is developing the project, which is expected to be complete in summer 2028, in partnership with Acram Group and Parse Capital. WDG Architecture is designing the project, and OHT Partners is the general contractor. Bank OZK is serving as senior lender.

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DevelopmentOfficeTexas

Partnership Underway on 152,894 SF Office Project in Mansfield, Texas

by Taylor Williams

MANSFIELD, TEXAS — A partnership between two developers, Texas-based Admiral Legacy Investments and Florida-based Foundry Commercial, is underway on construction of a 152,894-square-foot office project in Mansfield, a southern suburb of Fort Worth. Located within the Mansfield Innovation District, the project represents Phase IA of a larger, 18-acre mixed-use development. The building will rise five stories and will also be able to support healthcare and research-and-development uses. BOKA Powell is the project architect, and Moss is the general contractor. Wier & Associates is the civil engineer, and Stream Realty Partners is the leasing agent. A tentative completion date was not announced.

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DevelopmentIndustrialSoutheastTennessee

Hollingsworth Cos. to Break Ground on 150-Acre Industrial Park in East Tennessee

by John Nelson

SWEETWATER, TENN. — The Hollingsworth Cos. plans to break ground on SouthPoint Business Park, a 150-acre industrial park in Sweetwater, a city in East Tennessee located in Monroe and McMinn counties. The park will be situated off I-75 on Exit 60 and comprise 12 single-tenant industrial facilities. The first phase features two buildings that are being built on a speculative basis and are set for completion in 2027. The Hollingsworth Cos. is headquartered in Clinton, Tenn., and has developed several SouthPoint-branded business parks across the Southeast. The developer will hold an official groundbreaking ceremony on Monday, Oct. 19 along with U.S. Sen. Bill Hagerty (R-Tenn.), U.S. Sen. Marsha Blackburn (R-Tenn.) and Congressman Chuck Fleischmann (R-Tenn.). An entity doing business as Sweetwater Development LLC is listed as the “property developer” for SouthPoint Business Park, while Hollingsworth is serving as the “facility developer.”

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DevelopmentSouth CarolinaSoutheastStudent Housing

Subtext, FrontRange Capital Open 697-Bed Student Housing Community Near University of South Carolina

by John Nelson

COLUMBIA, S.C. — Subtext, along with development partner FrontRange Capital, has opened VERVE Columbia, a 697-bed student housing community located at 450 Blossom St. in Columbia, which is roughly two blocks from the University of South Carolina (USC) campus. The 223-unit, four-story property spans more than 400,000 square feet and is situated directly across from USC’s baseball arena, Founders Park. Amenities include a 24/7 fitness center, outdoor fitness stations, a sauna, meditation rooms, basketball and pickleball courts, resort-inspired pool courtyard with hot tub and sun shelf, poolside Jumbotron, cabanas and hammock swings, fire pits, grilling stations, club room with TV and game lounges, a multi-sport simulator, group and private study spaces, study pods and booths, content creation studio, a coffee bar in the lobby with cold brew on tap, pet spa, dog park, EV charging stations and bike and scooter storage with charging and repair stations. The project team includes architect Dynamik Design, interior designer Mary Cook Associates, general contractor W.M. Jordan Co. and civil engineer Davis & Floyd. CIBC arranged construction financing via a syndication of lenders. VERVE Columbia is Subtext’s first student housing community to deliver in the Columbia market, with another project under construction at 931 Senate …

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DevelopmentMultifamilyNortheastPennsylvania

Larkin Associates Begins Leasing Phase II of 420-Unit Multifamily Development in Forks Township, Pennsylvania

by Taylor Williams

FORKS TOWNSHIP, PA. — New Jersey-based owner-operator Larkin Associates has begun leasing Phase II of Trailside Village, a 420-unit multifamily development located in the Lehigh Valley community of Forks Township. Trailside Village is a 22-building apartment community with one- and two-bedroom units that also features 27,000 square feet of commercial space that can support retail, office and healthcare uses. Residential amenities include a fitness center, resident lounge, game room, tot lot, pet salon and walking and biking trails. Leasing of Phase II commenced in August, and 26 of those 75 units are now occupied. Information on starting rents was not disclosed.

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ArkansasDevelopmentIndustrialSoutheast

SANY Nutrition Group Opens 89,100 SF Food Manufacturing Facility in Jonesboro, Arkansas

by John Nelson

JONESBORO, ARK. — SANY Nutrition Group, a family-owned-and-operated food manufacturer based in Jonesboro, has launched its new production facility in its home market. The 89,100-square-foot factory, located at 9401 E. Highland Drive in Jonesboro, was formerly operated by Butterball. From the newly retrofitted plant, SANY Nutrition Group is launching its flagship snack platform, Beyond Resilience, with plans to produce 500 million snack products annually. SANY’s Beyond Resilience Protein Crunch Bar is available now at Walmart stores nation-wide as well as online, and SANY plans to sell the crunch bar at additional retailers in the near future, as well as the company’s line of Crunch Pops, Prookies, Giant Clusters, Brittles, Fro-Bite and Vitamin Splash products. In addition to the factory, SANY purchased additional land surrounding the factory for future expansion opportunities.

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ElevenOneEleven-Culver-City-CA
CaliforniaDevelopmentLoansMixed-UseMultifamilyRetailWestern

Lincoln Property Co., McCourt Partners Receive $132.7M Construction Loan for Culver City Multifamily Project

by Amy Works

CULVER CITY, CALIF. — Lincoln Property Co. and McCourt Partners have received $132.7 million in construction financing from Bank OZK for ElevenOneEleven, a multifamily development in Culver City. Lou Friedel and Keith Rosso of Berkadia arranged financing on behalf of Lincoln and McCourt. Situated on 3.4 acres at 11111 Jefferson Blvd., ElevenOneEleven will feature a six-story development comprising 344 residences, including 52 affordable units, along with 2,000 square feet of retail space and 17,520 square feet of publicly accessible outdoor space. Additionally, ElevenOneEleven will include two full floors of residential amenities and 500 parking spaces. The project team includes KFA Architecture as architect and Kimley-Horn as civil engineer. Construction is slated to commence in the fourth quarter of 2026.

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DevelopmentKansasMidwestMultifamily

Hunt Midwest Breaks Ground on 227-Unit Luxury Apartment Complex in Overland Park, Kansas

by Kristin Harlow

OVERLAND PARK, KAN. — Hunt Midwest has broken ground on Canvas, a 227-unit luxury apartment complex in Overland Park. The project will feature one- and two-bedroom residences along with more than 5,000 square feet of ground-floor retail and restaurant space. The infill development at 8036 Metcalf Ave. will redevelop a now-vacant lot. Canvas is expected to open in early 2029. Amenities will include a pool with grill stations and bar area, a covered dog park with washing stations, a fitness center with yoga studio and sauna, onsite coworking space, a community clubhouse with game room and a garden room. The community will include private parking for every resident plus another 49 public parking spaces. The project team includes BRR Architecture, Brinkmann Constructors, Security Bank, REACTOR Design, Tran + Thomas Design Studio, Polsinelli and Seigfreid Bingham.

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Oaks-Reserve-Apartments-Bryan-Texas
DevelopmentMultifamilyTexas

Teeple Partners Breaks Ground on 312-Unit Multifamily Project in Bryan, Texas

by Taylor Williams

BRYAN, TEXAS — Austin-based developer Teeple Partners has broken ground onOaks Reserve Apartments, a 312-unit multifamily project that will be located in the Central Texas city of Bryan. Units will come in one-, two- and three-bedroom floor plans and will range in size from 668 to 1,520 square feet. Amenities will include a pool, fitness center, conference room, pickleball courts and multiple dog parks. Oaks Reserve, which represents the second of three phases of a larger development that will span more than 1,000 units across 53 acres, will feature multiple three- and four-story buildings. The first phase, the 315-unit Brazos Oaks, was completed this summer.

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DevelopmentGeorgiaIndustrialSoutheast

Hyundai Transys to Invest $560M for Factory Expansion in West Point, Georgia

by John Nelson

WEST POINT, GA. — Hyundai Transys Georgia Powertrain, an automotive parts specialist in the Hyundai family of brands, has announced it will invest $560 million to expand its manufacturing operation at 6801 Kia Parkway in West Point, a west Georgia city near the Alabama border. The investment will fund upgrades to two current buildings and the construction of a third on the campus. The expansion will support added production capacity for electrified powertrains for hybrid vehicles. Hyundai Transys plans to create 320 new jobs as a result of the expansion, adding to its current total of 1,250 employees. The construction timeline was not disclosed. Civic and utility partners for the Hyundai Transys project include the Georgia Department of Economic Development’s Global Commerce team, the City of West Point, Georgia Quick Start and Georgia Power.

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