KATY, TEXAS — Local developer Sueba USA has completed Boardwalk Square, a 353-unit apartment community located west of Houston in Katy. The midrise building features 20 open-concept floor plans including studio, one-, two- and three-bedroom layouts. Units range in size from 496 to 2,088 square feet and feature quartz countertops, stainless steel appliances, full-size washers and dryers and walk-in closets. Amenities include a CrossFit-inspired athletic club, recovery room with dry sauna and cold plunge, pool with tanning ledges and poolside cabanas, pet spa, catering kitchen and a coffee bar. Rents start at $1,265 per month for a studio apartment. Construction began in spring 2024.
Development
COMMERCIAL POINT, OHIO — Scannell Properties has broken ground on the first phase of a logistics park in Commercial Point, a southern suburb of Columbus. The 1.2 million-square-foot speculative building will feature a clear height of 40 feet, 60 dock doors and four drive-in doors. The development marks Scannell’s ninth in the central Ohio region. Completion is slated for April 2027. Joel Yakovac of Colliers is handling leasing.
SURPRISE, ARIZ. — NexMetro Communities has opened Avilla Foothills, a build-to-rent (BTR) development in Surprise, about 28 miles northwest of Phoenix. Avilla Foothills features 108 single-level homes, some with optional garages. Community amenities include a resort-style pool and hot tub, outdoor kitchen and grills, landscaped open spaces, covered parking, 24-hour maintenance team and pet parks.
RANDOLPH, N.J. — A partnership between Woodmont Properties and Canoe Brook Development has completed WoodBrook at Randolph, a 199-unit apartment complex in Northern New Jersey. The property comprises a four-story mid-rise building with 97 flats and seven buildings with 102 multi-story townhome-style residences. Unit feature one- to three-bedroom floor plans and dual-sink vanities, soaking tubs, full-size washers and dryers, private patios or balconies and keyless entry systems. Amenities include a sports simulator, pool, coworking space, yoga room and a fitness center. Leasing began last August.
Gilbane, CBRE Investment Begin Leasing 703-Bed Student Housing Development Near University of Florida
by John Nelson
GAINESVILLE, FLA. — Gilbane Development and CBRE Investment Management have begun leasing Zaya, a 703-bed student housing project located at 3600 S.W. 20th Ave. in Gainesville. The property, which broke ground last year, is situated less than one mile from the University of Florida campus and Butler Center, a retail destination featuring three power retail centers: Butler Plaza, Butler North and Butler Town Center. Scheduled for completion in fall 2027, Zaya will offer 352 units with bed-to-bath parity. Shared amenities are set to include three courtyards, study rooms on each floor, a coworking lounge, rooftop resort-style pool, pickleball court, clubhouse, 24-hour fitness center, yoga studio and an indoor sauna.
TOMBALL, TEXAS — Locally based firm Newcor Commercial Real Estate has completed a 617-unit self-storage facility in Tomball, located northeast of Houston. The facility sits on a 5.1-acre site at 11110 Hufsmith Road and spans 87,970 net rentable square feet across 510 climate-controlled units, 93 non-climate-controlled units and 14 dedicated boat and RV storage spaces. RightMove Storage will operate the facility. A ribbon-cutting ceremony took place on Wednesday, June 17, and a larger opening celebration is planned for the fall.
ARLINGTON, VA. — Construction employment increased in only 42 percent of metro areas between May 2025 and May 2026, according to an analysis of new government employment data by the Associated General Contractors of America (AGC), an Arlington-based trade association for the construction industry. Over the past year, 152 metro areas added construction jobs, 161 lost jobs and employment was unchanged in 47 areas. The AGC cites rising costs, ebbing demands for some sectors and political threats to various types of infrastructure construction for the dip in employment . “Even fewer areas are likely to have job increases later this year if Congress fails to renew federal legislation to fund highway and transit construction after the current law expires in September,” says Macrina Wilkins, director of market insights at AGC, referring to the Infrastructure Investment and Jobs Act. The surface transportation law, which allocates federal funding for highways, public transit and intercity passenger rail, was ratified by former President Joe Biden and expires on Sept. 30. On the costs front, the U.S. Bureau of Labor Statistics (BLS) found that the May producer price index (PPI), which tracks movement in wholesale pricing between domestic producers, is up 6.5 percent on an …
SunCap Property, Inclenberg Investments Break Ground on Final Building at Gilbert Spectrum Business Park in Arizona
by Amy Works
GILBERT, ARIZ. — SunCap Property Group and Inclenberg Investments have broken ground on the final building at Gilbert Spectrum Business Park, an eight-building master-planned development a decade in the making. Slated for completion in second quarter 2027, the building will feature 101,000 square feet of speculative industrial space. Graycor is serving as general contractor for the building, with Lee & Associates Arizona handling leasing efforts for for the property. The project team includes Balmer Architectural Group and Bowman as civil engineer.
NEWARK, DEL. — A public-private partnership between local developer Buccini Pollin Group and the University of Delaware has topped out The Asters, a $75 million multifamily project in Newark. The Asters is located within the university’s Science, Technology and Advanced Research (STAR) campus and will offer 229 one- and two-bedroom units across two seven-story buildings. Units will range in size from 600 to 1,100 square feet and will be furnished with quartz countertops, tile backsplashes and stainless steel appliances. Select residences will feature private balconies. Amenities will include a pool, outdoor grilling and dining areas, landscaped courtyard with pickleball court, indoor basketball court, fitness center with boxing and yoga spaces and a resident lounge with an entertainment kitchen and game room.
NEW YORK CITY — A partnership between Gilbane Development, Blue Sea Development Co. and JASA has completed Linden Grove, a 153-unit affordable seniors housing project in the Bushwick neighborhood of Brooklyn. Residences at the 13-story building are reserved for renters earning 30 to 40 percent of the area median income, with 46 units reserved for formerly unhoused seniors. Amenities include a fitness room, arts and crafts area, laundry room, a rooftop terrace, outdoor dining areas and community gardens.
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