BROOKHAVEN, GA. — Locally based Connolly has completed Parkside on Dresden, a $70 million mixed-use development in downtown Brookhaven, a northeast suburb of Atlanta. The development is situated on a four-acre site along Dresden Drive near the Brookhaven-Oglethorpe MARTA station. Parkside on Dresden includes the 176-unit Solis Dresden Village, developed in partnership with Terwillger Pappas; a six-level parking garage; 28,000 square feet of ground-level retail space; and Woodley Plaza, a city-owned event lawn named after local businessman Dan Woodley. The retail space is fully leased to tenants including F45 Training, Café Vendome, Honeysuckle Gelato, Stretch Lab and Brookhaven Dance, among others. The development also includes a standalone retail building available for lease that features a rooftop patio.
Development
MAS AJP, Flagler to Develop 20,000 SF MedSquare Healthcare Facility in Charlottesville
by John Nelson
CHARLOTTESVILLE, VA. — A joint venture between MAS AJP and Flagler Healthcare plans to develop MedSquare Charlottesville, a 20,000-square-foot healthcare facility located at 300 Worrell Drive. The project will be fully leased to Gastro Health, a digestive health services provider. MAS AJP and Flagler Healthcare plan to deliver the facility in first-quarter 2028. The Charlottesville project represents the first MedSquare-branded healthcare facility planned outside the state of Florida. MAS AJP and Flagler Healthcare are expanding the brand with this facility and MedSquare Port St. Lucie, a 68,000-square-foot in southeast Florida anchored by Cleveland Clinic.
DALLAS — A joint venture that includes BDT & MSD Partners, Trammell Crow Co. and The Retail Connection has broken ground on Knox & McKinney, a 300,000-square-foot office and retail project in Uptown Dallas. Situated two blocks west of the joint venture’s larger, 1 million-square-foot mixed-use development, the 12-story building will consist of 280,000 square feet of office space and 20,000 square feet of retail and restaurant space. Amenities will include a fitness center, tenant lounge and private bar, multiple terraces and conference/boardroom facilities. Law firm Jones Day has preleased 76,000 square feet of space at Knox & McKinney as the future anchor tenant. Pickard Chilton Architects and HKS Architects are designing Knox & McKinney, and DPR Construction is serving as the general contractor. Trey Morsbach, Jim Curtin, Rex Cruz and Obi Eboh of JLL arranged an undisclosed amount of construction financing for the project through Goldman Sachs Alternatives. Completion is slated for 2028.
WINDHAM, N.H. — New Hampshire-based Village Center Properties has completed an 8,700-square-foot retail project in Windham, located near the Massachusetts-New Hampshire border. Known as Village Center Place, the project comprises three spaces, two of which have been leased. The remaining, 3,250-square-foot restaurant space includes patio seating. Sperry Commercial Realty Associates is the property’s leasing agent.
MILLEDGEVILLE, GA. — Jim Chapman Construction Group (JCCG), a Southeast-based general contractor specializing in build-to-rent (BTR) communities, has been selected to build 125 single-family rental (SFR) homes at Higher Ground, a new 42-acre, independent living community in Milledgeville. Developed by BLDG Real Estate, Higher Ground is planned to complement the adjacent Fellowship Meriwether Assisted Living Community, providing residents with access to existing amenities, while supporting a “greater level of independence.” Upon completion of the project, The Fellowship Family, a fourth-generation, family-owned firm specializing in senior living communities across the Southeast, will manage the community. Land development of the community’s first phase of 91 homes began in November 2025, and vertical construction is scheduled for June. Leasing is expected to begin in September, with project completion anticipated by January 2027. Homes will range in size from approximately 1,007 to 1,294 square feet.
Pacific Building Group Completes 75,000 SF Sharp Rees-Stealy Medical Office Building in Chula Vista
by Amy Works
CHULA VISTA, CALIF. — Pacific Building Group has completed construction of Sharp Rees-Stealy Chula Vista, a medical office building in Chula Vista. The project was developed by PMB, in partnership with Sharp Rees-Stealy Medical Group. HGW Architecture designed the property. Located at 480 H St., the three-story, 75,000-square-foot facility houses a variety of outpatient services, including primary and specialty care, urgent care, physical therapy, radiology, cardiology, neurology and laboratory and pharmacy departments. The property is connected via a covered bridge to a 127,000-square-foot, 375-stall parking structure.
CHICAGO — Draper and Kramer Inc. has provided a $64.8 million HUD 221(d)(4) construction loan on behalf of Riverside Investment & Development for a new 12-story, 199-unit apartment building at 566 W. Van Buren St. in Chicago’s West Loop. Matt Wurtzebach, Dave Tomfohrde, Bill Barry, Jeff Ross and Kevan Briscoe of Draper and Kramer originated the loan, which features a fixed interest rate with interest-only payments during construction and converts to a fully amortizing 40-year permanent loan after year 10. The $85 million project is slated for delivery in 2027.
CANAL WINCHESTER, OHIO — Stark Enterprises is scheduled to break ground this spring on Lock Pointe Village, a 120-unit luxury build-to-rent community in the Columbus suburb of Canal Winchester. The land acquisition is complete, and the development is fully capitalized. The project will include 37 buildings and amenities such as a clubhouse, fitness center, pool, sport court and dog park. Lease-up is expected to begin in early 2027, with the first homes delivering that spring. Arbor Construction, the construction arm of Stark Enterprises, will serve as the builder.
DENISON, TEXAS — Craig International will develop a 189-acre mixed-use project in the North Texas city of Denison. The Denison Development Alliance selected the locally based firm to lead development of the site at the intersection of U.S. Highway 75 and FM 84, which the municipal entity envisions as the “gateway” to Craig International’s $6 billion Preston Harbor master-planned community. Specific commercial and residential plans and uses for the site have not yet been announced. The project will move forward in phases, beginning with collaborative planning between Craig International and the City of Denison to refine the site plan, align on a long-term vision and recruit anchor users.
AUSTIN, TEXAS — Miami-based Housing Trust Group (HTG) has completed Red Oaks, a $26 million affordable housing community in northwest Austin. Red Oaks features 70 units that are reserved for households earning up to 30, 50 and 60 percent of the local area median income. Amenities include a pool, fitness center, playground, outdoor grilling areas, a dog park, clubroom and package lockers. HTG partnered with nonprofit group AM Affordable Housing and locally based consulting firm Thoman & Butler on the project. Bank of America provided a $15.6 million construction loan for the project, and the capital stack also included $16 million in Low-Income Housing Tax Credits that were allocated by the Texas Department of Housing and Community Affairs and syndicated through Raymond James.
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