Thursday, March 19, 2026
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DevelopmentNorth CarolinaSeniors HousingSoutheast

Singh Development Delivers 95-Unit Luxury Seniors Housing Community in North Raleigh

by John Nelson

RALEIGH, N.C. — Michigan-based Singh Development has completed Waltonwood Lead Mine, a 95-unit luxury seniors housing community located at 4510 Lead Mine Road in north Raleigh. Cline designed the property, which features assisted living and memory care residences. The community has the capacity for up to 100 residents and will be operated under Singh’s Waltonwood Senior Living brand. Amenities include a movie theater with a popcorn bar, restaurant-style dining room, bistro and a coffee nook. The project team also included Choate Construction, Lighthouse Engineering and structural engineer Hauser and Creech.

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DevelopmentOfficeTexas

KERA Breaks Ground on 60,000 SF Headquarters Facility in Uptown Dallas

by Taylor Williams

DALLAS — Nonprofit media organization KERA has broken ground on a 60,000-square-foot headquarters facility at 3000 Harry Hines Blvd. in Uptown Dallas. Architecture firm Corgan designed the new facility, which will include performance spaces and podcast studios, and Kaizen Development Partners will lead construction. KERA relocated to a temporary space at One Arts Plaza in downtown Dallas last February. Construction is slated for a late-2027 completion.  

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Affordable HousingCaliforniaDevelopmentMultifamilySeniors HousingWestern

Linc Housing Starts Construction on 64-Unit Affordable Seniors Housing Community in Long Beach

by Amy Works

LONG BEACH, CALIF. — Linc Housing has started the construction of Armory Arts Collective, an affordable seniors housing property in Long Beach’s East Village Arts District. The development will transform the long-vacant former Armory building through adaptive reuse and add five stories of new residential construction. Upon completion, the project will deliver 64 residences for low-income seniors age 55 years or older earning between 30 percent and 70 percent of the area median income. Armory Arts Collective will feature 56 one-bedroom apartments and eight two-bedroom apartments, including a manager’s unit. Half of the homes will be fully wheelchair accessible and several will incorporate features to accommodate residents with hearing and visual impairments. Linc will convert portions of the historic 26,500-square-foot Armory, which was built in 1930, into a community room, arts and crafts studio, health and wellness space and bicycle storage. Additionally, residents will have access to a landscaped courtyard and outdoor deck. A resident services coordinator will bring programs and activities to the community spaces. Funding for the development includes $6.5 million from Long Beach Community Investment Co., a $5.2 million loan from the City of Long Beach, $6.2 million from the California Department of Housing and Community Development’s Multifamily …

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CivicDevelopmentMassachusettsNortheast

MassDevelopment Provides $27.7M in Bond Financing for Charter School Expansion in Metro Boston

by Taylor Williams

PEABODY AND DANVERS, MASS. — MassDevelopment has provided $27.7 million in tax-exempt bond financing for the metro Boston expansion of the Pioneer Charter School of Science. The school used the bond proceeds to purchase adjoining lots in Peabody and Danvers, both of which are located northeast of the state capital, and is now constructing a 53,217-square-foot facility for students in grades kindergarten through eighth. The new facility will have six special education and English Language Learning classrooms, 14 offices, labs, art and music rooms, a gym and a cafeteria. Construction is slated for an August completion. Salem Five purchased the bond.

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AcquisitionsDevelopmentIllinoisIndustrialMidwest

Missner Group, Cabrera Capital to Build $23.7M Industrial Project in Chicago

by Kristin Harlow

CHICAGO — The Chicago Department of Planning and Development (DPD) has agreed to sell 8.2 acres of vacant land in the Stockyards Industrial Corridor to a joint venture between The Missner Group and Cabrera Capital, which will develop the property into a $23.7 million industrial building. The 126,360-square-foot project at 1924 W. 46th St. is expected to create up to 120 permanent jobs when fully leased. Potential tenants include restaurant suppliers, distribution companies, building material suppliers, event production firms and downtown service providers. The city acquired the site in 2008 for $2.2 million. It was primarily used for outdoor industrial storage since the early 1980s. The proposed purchase price is the property’s market value of $3.3 million. The proposed project was one of three responses to the request for qualifications from the DPD. A public meeting will be scheduled as part of the project’s formal review and approval process.

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DevelopmentMultifamilyNortheastPennsylvania

Kimco, Bozzuto Complete 131-Unit Multifamily Project in Ardmore, Pennsylvania

by Taylor Williams

ARDMORE, PA. — A partnership between Kimco Realty and Bozzuto Development has completed Coulter Place, a 131-unit multifamily project in Ardmore, a northwestern suburb of Philadelphia. Designed by JKRP Architects, the five-story building is part of Suburban Square, an open-air shopping center, and houses 20,000 square feet of ground-floor retail space. Units come in one-, two- and three-bedroom floor plans. Amenities include resident lounges, fitness facilities and outdoor gathering areas. Rents start at roughly $3,200 per month for a one-bedroom apartment.

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DevelopmentMultifamilyTexas

Wood Partners Breaks Ground on 204-Unit Multifamily Project in Tomball, Texas

by Taylor Williams

TOMBALL, TEXAS — Atlanta-based developer Wood Partners has broken ground on Alta Timberline, a 204-unit multifamily project in Tomball, a northern suburb of Houston. Alta Timberline will consist of seven three-story buildings that will house one-, two- and three-bedroom units. Residences will be furnished with stainless steel appliances, granite countertops and individual washers and dryers. Ground-floor residences will feature private yards, and upper-level apartments will have balconies. Amenities will include a pool, fitness center, two pickleball courts, a dog park, business lounge, coffee bar and outdoor grilling and dining stations. Completion is slated for summer 2027.

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DevelopmentIndustrialNew JerseyNortheastSelf-Storage

CrownPoint Breaks Ground on 854-Unit Self-Storage Facility in South River, New Jersey

by Taylor Williams

SOUTH RIVER, N.J. — Locally based developer CrownPoint Group has broken ground on an 854-unit self-storage facility in South River, located roughly midway between Newark and Trenton. The three-story facility at 696 Old Bridge Turnpike will span 105,487 net rentable square feet of climate-controlled space. According to NJ.com, the site formerly housed a car dealership, and the facility will have an average unit size of 90 square feet and will include 15 exterior access units. The local publication also reports that JLL arranged construction financing for the project. ExtraSpace Storage will operate the facility, which is expected to be complete before the end of the year.

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Build-to-RentDevelopmentMidwestNebraskaSingle-Family Rental

Cavan to Develop 154-Unit Build-to-Rent Community in Papillion, Nebraska

by Kristin Harlow

PAPILLION, NEB. — Cavan Cos. has closed on the land for the development of The Bungalows at Prairie Hills, a 154-unit build-to-rent community in Papillion. The project marks the company’s third development in metro Omaha. Horizontal construction is expected to begin in May. One-, two- and three-bedroom floor plans will range from 683 to 1,389 square feet. The development will feature 104 detached garages, a clubhouse, fitness center and other shared amenities.

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DevelopmentIndustrialNortheastPennsylvaniaTop Stories

TerraPower Isotopes to Invest $450M for Manufacturing Facility at The Bellwether District in Philadelphia

by Kristin Harlow

PHILADELPHIA — Nuclear science company TerraPower Isotopes (TPI) has unveiled a $450 million investment plan to establish a radioisotope manufacturing facility in Philadelphia that will support the development of cancer-fighting drugs. The Commonwealth of Pennsylvania is investing $10 million for the project, which is expected to create 225 new full-time jobs over the next three years. TPI will lease a 250,000-square-foot build-to-suit facility within The Bellwether District, a 1,300-acre industrial campus in South Philadelphia that is the redevelopment of the former Philadelphia Energy Solutions refinery. TPI will utilize the flagship East Coast facility to produce actinium-225 for use in the development of cancer treatments. TPI received a funding proposal from the Pennsylvania Department of Community and Economic Development for a $7 million grant through the PA SITES Program, and a $3 million Pennsylvania First grant. The company is also eligible to apply for the department’s Manufacturing Tax Credit and the Qualified Manufacturing and Innovation Reinvestment Deduction programs.  According to TPI, the development of an East Coast manufacturing facility, along with expanding capacity in its existing Everett, Wash., facility, will increase production capacity 20-fold of actinium-225. Real estate investment company HRP Group, formerly known as Hilco Redevelopment Partners, is developing The …

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