Friday, August 14, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Development

The-Vickery-Fort-Worth
DevelopmentMultifamilyTexas

Trademark Completes 321-Unit Vickery Apartments in Downtown Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Trademark Property Co. has completed The Vickery, a 321-unit multifamily project in downtown Fort Worth. Designed by GFF and developed in partnership with SCOA Real Estate Partners, The Vickery consists of 307 apartments, 14 townhomes and a 5,300-square-foot restaurant with a second-story lounge, as well as an amenitized green space. Residential amenities include a pool, rooftop lounge and coworking space. Construction began in February 2024 and topped out in January 2025. Leasing began last fall, at which time rents started at roughly $1,500 per month for a studio apartment.

Continue Reading
FacebookTwitterLinkedinEmail
Affordable HousingDevelopmentMultifamilyNew YorkNortheast

Partnership Nears Completion of $158M Workforce Housing Project in Mount Vernon, New York

by Taylor Williams

MOUNT VERNON, N.Y. — A partnership between Simone Development Cos. and Stagg Group is nearing completion of Qwest Towers, a $158 million workforce housing project in Mount Vernon, located north of New York City. Qwest Towers will consist of two buildings that will rise 15 and 12 stories and will house a combined 228 residences. The unit mix will comprise 58 studios, 91 one-bedroom units, 78 two-bedroom apartments and one three-bedroom unit, as well as a separate residence for the building superintendent. Information on income restrictions was not disclosed. The first building is scheduled to be complete before the end of the year, with the second to follow a few months later.

Continue Reading
FacebookTwitterLinkedinEmail
Tradition_FL_Clubhouse
DevelopmentFloridaMultifamilySoutheast

NRP Group Breaks Ground on 312-Unit Luxury Apartment Community in Port St. Lucie, Florida

by Abby Cox

PORT 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. Situated on approximately 18 acres, the project will comprise 10 three-story buildings offering a mix of one-, two- and three-bedroom apartments ranging in size from 720 to 1,300 square feet. Amenities will include a 24-hour fitness center; resort-style swimming pool; coworking suites and dedicated work-from-home offices; a multipurpose resident lounge with a full kitchen; package concierge and storage facilities; outdoor grilling areas; and landscaped courtyards, gathering spaces and a walking trail surrounding the community’s onsite lake. Designed by Group 4 Architecture, the project is slated for completion in summer 2028. M&T Bank provided construction financing for the development.

Continue Reading
FacebookTwitterLinkedinEmail
225-Tormenta-Way-WEB-04
AcquisitionsDevelopmentGeorgiaRetailSoutheast

Colliers Negotiates Sale of 30,865 SF Retail Center in Statesboro, Georgia

by Abby Cox

STATESBORO, GA. — Colliers has negotiated the sale of University Station, a newly constructed, 30,865-square-foot retail center located near the Georgia Southern University campus in Statesboro. The center was fully leased at the time of sale to tenants including QDOBA, Hotworx, Eyemart Express, Uptown Cheapskate, Blaze Pizza and Oconee State Bank, among others. The property is part of a larger development surrounding the university that includes a recently developed Publix-anchored shopping center, new student housing projects and additional residences. Henry Kushner, Ashley Smith and Tyler Mouchet of Colliers represented the undisclosed seller in the transaction. Last Mile Investments purchased the property for an undisclosed price.

Continue Reading
FacebookTwitterLinkedinEmail
The-Marq-Manhattan
DevelopmentMultifamilyNew YorkNortheast

High Street Residential Tops Out 25-Story Apartment Building in Manhattan

by Taylor Williams

NEW YORK CITY — High Street Residential has topped out The Marq, a 25-story apartment building in Manhattan’s SoHo neighborhood. The Marq will offer 99 units, 25 of which will be reserved as affordable housing, as well as 2,072 square feet of retail space. Amenities will include a gym, sauna, meditation room, demonstration kitchen, coworking lounge and a rooftop terrace. Project partners include Marvel Architects, general contractor Leeding Builders Group and interior designer Chris Shao Studio. Completion is slated for late 2027.

Continue Reading
FacebookTwitterLinkedinEmail
Affordable HousingDevelopmentMultifamilyNew JerseyNortheast

TCB Completes 53-Unit Affordable Housing Building in New Brunswick, New Jersey

by Taylor Williams

NEW BRUNSWICK, N.J. — The Community Builders (TCB) has completed Stirlingside Residences, a 53-unit affordable housing building in New Brunswick, located in Central New Jersey. Specific income restrictions were not announced, but the building includes six units for families and individuals who have previously experienced homelessness. A ribbon-cutting ceremony took place in late May.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialTexas

Clay Development Breaks Ground on 63,440 SF Spec Industrial Project in North Houston

by Taylor Williams

HOUSTON — Local owner-operator Clay Development & Construction has broken ground on Kennedy Greens Distribution Center V, a 63,440-square-foot speculative industrial project in North Houston. The project marks the final phase of development for the 145-acre Kennedy Greens South Business Park. Building features will include a front-load configuration, 32-foot clear heights, 130-foot truck court depths, 2,600 square feet of office space and 73 car parking spaces. Completion is slated for the first quarter of next year.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialNorth CarolinaSoutheast

Prysmian to Invest $1B for Expansion of Cable Manufacturing Facility in Metro Charlotte

by John Nelson

CLAREMONT, N.C. — Prysmian North America plans to invest $1 billion to expand its cable manufacturing plant in Claremont, a northern Charlotte suburb in Catawba County. The investment will expand the company’s fiber optic and glass cable manufacturing operations and create 385 jobs. The expansion will grow Prysmian’s physical footprint at the Claremont facility by 975,000 square feet. The office of North Carolina Gov. Josh Stein has announced that a performance-based grant of $1 million from the One North Carolina Fund will be awarded to Prysmian Cables and Systems USA LLC to help the company expand in North Carolina. Civic and utility partners involved in this project include North Carolina Department of Commerce, the Economic Development Partnership of North Carolina, the North Carolina General Assembly, the North Carolina Community College System, Catawba Valley Community College, Duke Energy, Piedmont Natural Gas, Catawba County, the City of Claremont and the Catawba County Economic Development Corp. Prysmian North America is the U.S. arm of Milan, Italy-based Prysmian and has its regional headquarters in Highland Heights, Ky. Prysmian was founded in 1879 and operates more than 100 plants worldwide, including 50 locations in North America employing 9,000 associates.

Continue Reading
FacebookTwitterLinkedinEmail
2-South-Main-Port-Chester-New-York
DevelopmentLoansMultifamilyNew YorkNortheast

Walker & Dunlop Arranges $147.5M in Construction Financing for Port Chester Multifamily Project

by Taylor Williams

PORT CHESTER, N.Y. — Walker & Dunlop has arranged $147.5 million in construction financing for 2 South Main, a 322-unit multifamily project in Port Chester, located along the New York-Connecticut border. Information on specific floor plans and amenities was not disclosed, but the 12-story building will include 330 parking spaces and 5,000 square feet of retail space. Mo Beler, Jonathan Paine, Cory Elbaum, Jackson Irwin and Dawson Jessee of Walker & Dunlop secured the equity component of the financing via an investment from Related Fund Management. Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Dustin Stolly, Sean Reimer, Jordan Casella, Christopher de Raet and Stanley Cayre of Walker & Dunlop arranged construction debt for the project through Arbor Realty Trust. The sponsor is a joint venture between Hyperion Group, Winter Properties and AIP. LRC Construction is the general contractor for 2 South Main, an expected completion date of which was not announced.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentMassachusettsMultifamilyNortheast

Greystar Breaks Ground on 390-Unit Multifamily Project in Taunton, Massachusetts

by Taylor Williams

TAUNTON, MASS. — Greystar has broken ground on Whittenton Mills, a 390-unit multifamily project in Taunton, located south of Boston. The project, which will feature modular construction, is a redevelopment of a former 19th-century mill complex that has long been vacant and was demolished earlier this year. The property will consist of 10 buildings that will house one-, two- and three-bedroom units. Amenities will include a clubhouse, pool, dog park, putting green, bocce ball court and a playground, as well as 1.5 acres of public green space. The first units are expected to be available for occupancy by next spring.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts