Tuesday, June 16, 2026
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Morton-Porter-Roads-Katy
AcquisitionsDevelopmentMultifamilyRetailTexas

NewQuest Acquires Land for 334-Unit Apartment Community, Retail Center in Katy, Texas

by Taylor Williams

KATY, TEXAS — NewQuest has acquired land in the western Houston suburb of Katy for the development of a 334-unit apartment community and retail center. Of the 18.5 acres that the local developer purchased at the southwest corner of Morton and Porter roads, 11.8 will be dedicated to the development of the multifamily component, while the remainder will house the retail component. Designed by Meeks + Partners and developed by Pelican Builders, the apartments will come in one-, two- and three-bedroom floor plans and will have an average size of 865 square feet. Amenities will include a pool and multiple courtyards. The project’s retail component will comprise a 10,860-square-foot, multi-tenant building and five pad sites. Construction is expected to begin early next year.

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DevelopmentRetailTexas

Kinective Fitness Club to Open 50,859 SF Gym in Plano

by Taylor Williams

PLANO, TEXAS — Kinective Fitness Club will open a 50,859-square-foot gym at 4520 State Highway 121 in Plano. The design of Kinective Plano, led by RDC, will be centered around four signature spaces that house seven studios: metabolic conditioning, HIIT (high-intensity interval training), group fitness, immersive cycling, yoga, meditation and Pilates reformer. The club will also offer group fitness classes across all seven studios. The opening is scheduled for early 2027.

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DevelopmentMidwestMultifamilyOhio

CASTO Opens 235-Unit Westrich Apartment Community in Columbus, Ohio

by Kristin Harlow

COLUMBUS, OHIO — CASTO, in partnership with Columbus Metropolitan Housing Authority, The Weiler Co., The Kelley Family and Mark Cain, have opened Westrich, a 235-unit apartment community in the Franklinton neighborhood of Columbus. Oakwood Management Co. is the property manager. The five-story development includes 5,806 square feet of ground-floor retail space on Rich Street. Floor plans come in studio, one- and two-bedroom layouts. Amenities include a pool, fitness studio, resident lounge, pet spa and bike storage.

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crescendo-exterior
DevelopmentFloridaLoansMultifamilySoutheast

13th Floor, Barings Receive $134M Construction Loan for Final Residential Tower at Link at Douglas in Miami

by Abby Cox

MIAMI — A partnership between 13th Floor Investments and Barings has received a $134 million construction loan for the development of Crescendo, the fourth and final residential tower located within the Link at Douglas mixed-use project in Miami. Santander Bank, TD Bank and First Horizon Bank provided financing. The first phase of Link at Douglas, which opened in 2023, included the 312-unit Core and 421-unit Cascade residential buildings, along with more than 30,000 square feet of retail space anchored by Milam’s Market. The project’s third residential tower, known as Cadence, is slated for completion in 2028 and will feature 432 apartments. With the addition of the 392-unit Crescendo in 2029, Link at Douglas will comprise approximately 1,500 residential units across four buildings. 13th Floor and Barings first broke ground on Link at Douglas in 2019. 13th Floor has multiple projects underway in South Florida, including Link at Boca in Boca Raton and Link at SoMi in South Miami.

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DevelopmentIndustrialKentuckySoutheast

Clark Beverage Group to Invest $129M for Corporate Headquarters, Distribution Facility in Bowling Green, Kentucky  

by Abby Cox

BOWLING GREEN, KY. — The Clark Beverage Group and Clark Distributing Co., both subsidiaries of C.C. Clark Inc.) are partnering with HDA for the design and construction of their new $129 million headquarters and distribution facility in Bowling Green. Scheduled to break ground this summer, the project will span 362,675 square feet and will feature a 46,600-square-foot, two-story corporate office; a 298,500-square-foot warehouse; 17,000-square-foot fleet maintenance facility; and a 575-square-foot security check-in building. The campus will also be able to accommodate an additional 135,000 square feet for future expansion, as well as 34-foot clear heights, 36 docks, automated systems and dedicated mezzanine spaces for additional storage. A separate, remote building will provide onsite servicing, maintenance and washing for delivery vehicles, complemented by an onsite fueling station. Completion of the project is anticipated for fall 2027. C.C. Clark was established in 1903 and today bottles and distributes beverages from brands including Coca-Cola, Barefoot Wine, Fairlife, Dunkin’, Vitamin Water, Hi-C, Terrapin Beer Co., High Noon, Minute Maid, Monster Energy, Powerade, Yuengling and Sam Adams.

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DevelopmentFloridaIndustrialSoutheast

Hamilton Development Breaks Ground on 307,544 SF Industrial Park in Metro Miami’s Flagler Station

by Abby Cox

MEDLEY, FLA. — Hamilton Development has broken ground on Flagler Station Logistics Center, a planned 307,544-square-foot, two-building industrial project located within the 900-acre Flagler Station business park in the Miami suburb of Medley. Flagler Station Logistics Center is slated for completion in July 2027. In October 2025, Hamilton Development finalized the acquisition of three office buildings in the Flagler Station business park, two of which are being redeveloped to become Flagler Station Logistics Center. The third building will continue to operate as office space. Building 1 will span 154,465 square feet and will feature rear-load configurations with 36-foot clear heights, 26 dock doors and three drive-in doors. Building 2 will total 153,079 square feet and will comprise rear-load configurations with 36-foot clear heights, 30 dock doors and three drive-in doors. Both buildings will include an ESFR sprinkler system and private truck court, along with immediate access to the Florida Turnpike, I-75 and the Palmetto Expressway. Steve Medwin and Nick Wigoda of Stream Realty Partners are handling leasing for Flagler Station Logistics Center.

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Seguin-Exchange
DevelopmentMixed-UseTexasTop Stories

NewQuest Begins Work on 544-Acre Mixed-Use Development in Seguin, Texas

by Taylor Williams

SEGUIN, TEXAS — Houston-based developer NewQuest has begun work on Seguin Exchange, a 544-acre mixed-use development that will be located on the northeastern outskirts of San Antonio. NewQuest first acquired the land in 2007 and is now underway on infrastructural work. Plans for Seguin Exchange currently call for approximately 2 million square feet of industrial space and 750,000 square feet of retail, restaurant and entertainment space that will be housed within a single shopping center. Seguin Exchange is also planned to feature medical, multifamily and hospitality uses. Within the development’s retail component, NewQuest is in negotiations with various retailers that could account for as much as 400,000 square feet of preleasing activity, inclusive of anchor spaces. NewQuest expects the first retail stores to open at the end of 2027. The majority of retailers, service businesses and restaurants should follow in 2028. Within the industrial component, the site can support more than 250 acres of new development, which NewQuest plans to construct in partnership with an undisclosed, Houston-based firm. Ohio-based automotive supplier KTH Parts has already committed to the project via a 40-acre ground lease, with construction slated to begin later this year. “We are fortunate to have been patient with …

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DevelopmentMultifamilySeniors HousingTexas

Harbert South Bay Breaks Ground on 162-Unit Seniors Housing Project in Dallas

by Taylor Williams

DALLAS — Harbert South Bay has broken ground on The Marianne on Inwood, a 162-unit seniors housing project in Dallas. The site is adjacent to the Highland Park area, and the 294,000-square-foot facility will offer independent living, assisted living and memory care residences. Amenities will include multiple dining venues, indoor and outdoor pools, a gym, hair salon, media lounge and a golf simulator. Project partners include Arcadis (architect), Bozzuto Construction (general contractor) and Momentum Senior Living (operator). Completion is scheduled for 2027.

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Triad-820-Haltom-City
DevelopmentIndustrialTexas

Creation Completes 137,000 SF Industrial Project in Haltom City, Texas

by Taylor Williams

HALTOM CITY, TEXAS — Creation, a developer with offices in Dallas and Phoenix, has completed Triad 820, a three-building, 137,000-square-foot industrial project in Haltom City, a northern suburb of Fort Worth. The development features 28-foot clear heights, 125-foot truck court depths, electrical vehicle charging stations and a secured yard. LGE Design Build handled the architectural and general contracting aspects of the project. NAI Robert Lynn is the leasing agent. Construction began in early 2025.

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Panther-Hollow-Village-Marble-Falls
DevelopmentHospitalityRetailTexas

Rockspring Nears Completion of 81-Room Hotel, Convenience Store in Marble Falls, Texas

by Taylor Williams

MARBLE FALLS, TEXAS — Rockspring is nearing completion of an 81-room Home2 Suites by Hilton hotel, as well as a Rodeo neighborhood convenience store and service station, in Marble Falls, about 50 miles northwest of Austin. Both properties are located within the Texas-based developer’s Panther Hollow Village mixed-use development. In addition, as part of the latest expansionary phase, Learning Path Childcare and Llano National Bank both recently opened branches at Panther Hollow Village.

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