Development

Broadview Real Estate Unveils Plans for 32-Story Office Tower in Houston

by Taylor Williams October 22, 2026

HOUSTON — Broadview Real Estate, a division of Broadview Capital, has unveiled plans for O27, a 32-story office tower that will be located at the gateway to Houston’s River Oaks area. STG Design is the architect for the 520,000-square-foot development, which will occupy a 1.7-acre site at 4701 Westheimer Road. Completion is slated for 2028. The design of O27 includes water features on the street level, a landscaped terrace atop a nine-story parking deck and a penthouse crown, as well as a textured, geometric façade composed of triangular glass panels wrapping the tower. Designed by global architecture firm Design ALT + TAB, the lobby includes a suspended sculpture meant to evoke Houston’s waterways. Points of light across the ceiling visible at nighttime pay homage to Houston’s reputation as Space City. In addition, O27 will feature outdoor gathering spaces, “premium” amenities and flexible office configurations meant to support collaboration, wellness and evolving workplace preferences.

October 22, 2026

Civic Development Illinois Midwest

Construction Wraps Up on $192M MetroLink Extension to MidAmerica St. Louis Airport

by Kristin Harlow October 22, 2026

MASCOUTAH, ILL. — Construction has completed on the MetroLink extension to MidAmerica St. Louis Airport, which is located in Mascoutah. The milestone marks the culmination of a transformative $192 million multimodal investment designed to strengthen regional connectivity, extend transportation options and support long-term economic growth throughout St. Clair County and the bi-state region. The three-part project includes a $154 million, 5.2-mile extension of MetroLink from the Shiloh-Scott Transit Center to MidAmerica St. Louis Airport, $32 million in new roadway infrastructure and a $6 million, 4.5-mile extension of the MetroBikeLink Trail. The MetroLink extension features a new station located directly across from the MidAmerica St. Louis Airport terminal and parking lot and represents the first full MetroLink expansion in roughly 20 years. Upon opening for revenue service in the coming months, the extension will serve as MetroLink’s 39th station. It will position the St. Louis region among the few transit systems in the nation offering a direct rail connection between two airports via MetroLink’s 43-mile light rail system linking MidAmerica St. Louis Airport and St. Louis Lambert International Airport. The project was funded through a partnership between the State of Illinois and the St. Clair County Transit District (SCCTD), including $127 …

October 22, 2026

Development Indiana Midwest Multifamily

Thompson Thrift Breaks Ground on 273-Unit Luxury Multifamily Community in Fishers, Indiana

by Kristin Harlow October 22, 2026

FISHERS, IND. — Thompson Thrift has broken ground on The Crossing Lofts at Fishers District, a 273-unit luxury multifamily community in the Indianapolis suburb of Fishers. First residents are expected to move in January 2028. The project is situated within The Crossing at Fishers District, the southern portion of Thompson Thrift’s Fishers District master plan and home to the 7,500-seat Fishers Event Center. The four-story community will include 10,000 square feet of ground-floor commercial space and attached structured parking. The Crossing Lofts will offer studio, one- and two-bedroom units with up to 1,440 square feet of space. Amenities will include a heated pool, fitness center, courtyards, a pet spa, social hub, coffee bar, focus suites, resident conference space and a “Minnow Pod,” a temperature-controlled food delivery station designed to keep restaurant and grocery deliveries fresh for residents. Upon completion, The Crossing at Fishers District will include more than 75,000 square feet of retail, restaurant and entertainment space, a 125-room hotel and nearly 500 multifamily units. Thompson Thrift first began work on Fishers District in 2015. Once complete, the $750 million, 123-acre development will include five distinct projects offering multifamily and townhome residences, hotels, office space, dining, shopping and entertainment, all …

October 22, 2026

Affordable Housing Development Midwest Multifamily North Dakota

Annex Group Unveils Plans to Build 262-Unit Affordable Housing Property in Fargo

by Kristin Harlow October 22, 2026

FARGO, N.D. — The Annex Group has unveiled plans to build Central at the Horizon, a 262-unit affordable housing property in Fargo. The units will be designated for households earning up to 60 percent of the area median income. The project will consist of four stories of residential units above a one-story parking garage. Amenities will include a community center, fitness center, business center, play area and picnic area. Partners on the project include BVH Architecture, Summit LIHTC Consulting, MBN Engineering, Braun Intertec and Impact Housing Indiana Corp. The City of Fargo and The State of North Dakota Department of Commerce approved Renaissance Zone tax abatements for the development. The North Dakota Housing Finance Agency (NDHFA) provided $3 million though the state’s Housing Incentive Fund program. WNC provided $38 million in total equity, while Citi Community Capital provided ore than $36 million in permanent debt financing as well as $66 million in construction financing. NDHFA issued 4 percent tax credits and $47.5 million in tax-exempt multifamily housing bonds. The project, slated to open in summer 2028, marks Annex’s first community in North Dakota.

October 22, 2026

Development Multifamily New Hampshire Northeast Restaurant

Partnership Completes Multifamily Project, Public Park in Dover, New Hampshire

by Taylor Williams October 20, 2026

DOVER, N.H. — A partnership between Boston-based developer Cathartes and the City of Dover, located near the Maine-New Hampshire border, has completed a multifamily project and public park in the city’s waterfront district., The Truette is a 220-unit apartment complex that features studio, one-, two- and three-bedroom units, as well as 2,200-square-foot townhomes. Amenities include a rooftop terrace, coworking spaces, fitness areas and pet-friendly facilities, as well as an onsite restaurant. The 3.5-acre Nebi Park features art installations and a 2,300-square-foot pavilion and green space for public events

October 20, 2026

Affordable Housing Development Illinois Midwest Mixed-Use Multifamily

Habitat, Cabrera Capital Break Ground on LeClaire Courts Mixed-Use Redevelopment in Chicago

by Kristin Harlow October 20, 2026

CHICAGO — Habitat and Cabrera Capital, in partnership with the Chicago Housing Authority (CHA), have broken ground on the first residential phase of the redevelopment of the LeClaire Courts public housing community, which was completed in the 1950s and demolished in 2011. Replacing a 32-acre site in Chicago’s Garfield Ridge community, the multi-phase project will ultimately include up to 700 residential units, approximately 440,000 square feet of commercial space and publicly accessible open space. The first phase includes two six-story buildings comprising 183 apartments offered in a mix of studio, one-, two- and three-bedroom floor plans. Ninety percent of the homes will be designated as affordable through income and rent restrictions supported by public financing for qualifying low- and moderate-income residents, while the remaining units will be offered at market rate. Funding sources for the $119 million first phase include a $27 million capital loan from CHA, $9.5 million in city multifamily program funds, $5.5 million in tax-increment financing, $33.7 million in Low-Income Housing Tax Credit equity, $1.3 million in Illinois Affordable Housing Tax Credit equity and a $1.2 million deferred developer fee. The financing structure brings together the CHA, the city, Bank of America and other mission-driven investment partners. …

October 20, 2026

Development Industrial New Jersey Northeast

MORVAY Nears Completion of Two Industrial Projects Totaling 113,000 SF in Central New Jersey

by Taylor Williams October 20, 2026

HAMILTON AND ROBBINSVILLE, N.J. — Brooklyn-based development and investment firm MORVAY is nearing completion of two industrial projects totaling 113,000 square feet in Central New Jersey. Purveyor Kuser and Purveyor North Gold are both shallow-bay projects and are located in Hamilton and Robbinsville, respectively, that MORVAY acquired in June 2025 from an institutional owner that had secured approvals before shifting its focus toward larger-scale opportunities. Both projects are expected to be complete before the end of the year.

October 20, 2026

Development Florida Southeast Student Housing

908 Group Breaks Ground on 684-Bed Student Housing Project Near University of Florida

by John Nelson October 20, 2026

GAINESVILLE, FLA. — 908 Group has broken ground on Chapter House UF, a 684-bed student housing development located at 920 S.W. Depot Ave. in Gainesville near the University of Florida campus. The project is being developed in partnership with Batson-Cook Development Co. and an undisclosed, Fortune 100 insurance company. The community will offer 219 units alongside 9,000 square feet of shared amenity space. The development team includes ARCO/Murray, Humphreys & Partners Architects and NV5. Pacific Life provided an undisclosed amount of construction financing. Asset Living has been tapped to manage Chapter House UF upon completion, which is scheduled for summer 2028.

October 20, 2026

Development Michigan Midwest Mixed-Use Top Stories

Dan Gilbert Pledges $1B Capital Commitment for Renaissance Center Redevelopment in Detroit

by Hayden Spiess October 20, 2026

DETROIT — Dan Gilbert, founder and chairman of mortgage giant Rocket Cos. and real estate company Bedrock, has pledged to commit roughly $1 billion in capital for the redevelopment of Renaissance Center, a landmarked mixed-use property in Detroit. The overall redevelopment cost is currently projected to be $2.2 billion. As part of the pledge, a new nonprofit organization will be formed to own, redevelop and operate the development and the surrounding Riverfront District. Bedrock will provide project management services on behalf of the nonprofit at no cost. According to the Detroit Historical Society, construction on Renaissance Center originally began in 1973. The first tower opened in 1976. General Motors purchased the development in 1996 for $73 million to serve as its global headquarters. In 2004, General Motors completed a $500 million renovation of the property. In January, the company completed its move to a new headquarters at Hudson’s Detroit. In 2024, Bedrock and General Motors established a partnership to explore redevelopment opportunities at Renaissance Center, announcing a conceptual plan for the redevelopment in November of that year. According to Crain’s Detroit Business, Renaissance Center is currently still owned by General Motors, and Dave Massaron — the company’s vice president of infrastructure and corporate citizenship — says …

October 20, 2026

Development Multifamily Texas

Joint Venture Underway on 236-Unit Multifamily Project in Denison, Texas

by Taylor Williams October 19, 2026

DENISON, TEXAS — A joint venture between 2GR Equity, Preston Forrest Capital and Cross Development is underway on construction of The Katy at Waterloo Trails, a 236-unit multifamily project in Denison, about 75 miles north of Dallas. The site is located within the Waterloo Trails master-planned development, and the property will offer amenities such as a pool, fitness center, business center, a community kitchen and dog parks. Information on floor plans was not disclosed. Completion is slated for late 2027.

October 19, 2026

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