Development

Subtext, Larson Capital Break Ground on 1,193-Bed Student Housing Project Near Texas A&M University

by Taylor Williams February 10, 2026

COLLEGE STATION, TEXAS — Subtext, a student housing and multifamily owner-operator based in St. Louis, in partnership with Larson Capital Management, has broken ground on a 1,193-bed student housing project near Texas A&M University in College Station. Known as VERVE College Station, the 21-story, 392-unit building will be situated in the city’s Northgate Entertainment District, less than two blocks from campus. Residences will come in studio to five-bedroom floor plans, and amenities will include a pool, lounge, sky lounge, study rooms, a coffee bar, fitness center, meditation rooms, multi-sport simulator and an indoor/outdoor bar and kitchen. Hoar Construction is serving as the general contractor for the project, which is slated for a summer 2028 completion.

February 10, 2026

Development Massachusetts Multifamily Northeast

Partnership Breaks Ground on 473-Unit Multifamily Project in Revere, Massachusetts

by Taylor Williams February 10, 2026

REVERE, MASS. — A partnership between regional developer HYM Investment Group, private investment group Cathexis Holdings and Related Fund Management has broken ground on Portico, a 473-unit multifamily project in Revere, located northeast of Boston. The site is located within Suffolk Downs, a 161-acre, mixed-use redevelopment of a former horseracing complex. Portico will offer studio, one- and two-bedroom floor plans and 33,000 square feet of ground-floor retail space. Amenities will include a sky deck, lounge with a kitchen, courtyard with flex spaces and grilling stations, recording pods, a fitness center and a veranda with a coffee bar and private workspaces. Prellwitz Chilinski Architects is designing the project, and Suffolk Construction is serving as the general contractor. Completion is slated for early 2028.

February 10, 2026

California Development Multifamily Western

Cityview, Stockbridge Complete 265-Unit Multifamily Community in Gardena, California

by Amy Works February 10, 2026

GARDENA, CALIF. — Cityview and Stockbridge have completed Apollo, an apartment property located at 12888 Crenshaw Blvd. in Gardena. The project team includes Westport Construction, AC Martin, Nadia Geller Designs and MJS Landscape Architecture. The eight-story Apollo features 265 studio, one- and two-bedroom floor plans with full-size in-unit washers/dryers, luxury vinyl plank flooring, stainless steel appliances, quartz countertops, designer backsplashes, soft-close cabinetry, under-cabinet lighting and gas ranges. The units also include smart home systems, including thermostats and keyless entry, and smart lighting switches in select units. Additionally, some units offer floor-to-ceiling windows, private balconies and walk-in closets. Community amenities include community-wide high-speed internet and Wi-Fi connectivity, a pool, spa, terrace with lounge seating, an outdoor kitchen, a media and club room, an outdoor game deck, an indoor sports simulator, an indoor fitness center, an outdoor training deck and CV Works coworking space with high-speed Wi-Fi and tech-enabled workspaces. The property also features covered bike storage, electric vehicle charging stations, a parcel room, controlled access parking and a pet-friendly playground and wash station.

February 10, 2026

California Development Industrial Self-Storage Western

Buchanan Street Partners Breaks Ground on 760-Unit Self-Storage Facility in Scotts Valley, California

by Amy Works February 10, 2026

SCOTTS VALLEY, CALIF. — Buchanan Street Partners has broken ground for the development of a climate-controlled self-storage facility situated on 2.6 acres at 10 Victor Square in Scotts Valley. Buchanan acquired the site for $5.2 million after 14 months of entitlement efforts and project due diligence. The property, which formerly housed a vacant 39,000-square-foot office/flex building, will be redeveloped into a three-story, 99,500-square-foot Class A self-storage facility offering 760 units. Demolition commenced in January, and completion of the project is slated for April 2027. The project team includes DAI General Contracting and Valli Architecture. East West Bank is providing construction financing for the project.

February 10, 2026

Development Indiana Midwest Office

IWG Adds Eight New Coworking Centers in Indiana

by Kristin Harlow February 10, 2026

INDIANA — International Workplace Group (IWG), a coworking platform with brands including Spaces and Regus, has unveiled plans to open eight flexible workspaces in Indiana. The expansion brings the company’s footprint to 30 locations across the state. IWG’s network now comprises thousands of locations in 120 countries. The Indiana locations will provide space for established firms and start-ups across a range of the state’s top industries, including business and finance operations, healthcare support, management and more. IWG’s Design Your Own Office service allows companies to tailor their space entirely to their requirements. The new Regus, HQ and Spaces facilities will include private offices, meeting rooms, coworking and creative spaces, and are slated to open in the first and second quarters of this year. One HQ facility in Merrillville has already opened. The other locations will be in Martinsville, Valparaiso, Fort Wayne, South Bend and Indianapolis. IWG predicts that 30 percent of all commercial real estate will be flexible workspace by 2030.

February 10, 2026

Civic Connecticut Development Northeast

Connecticut College Completes Partial Renovation of Campus Center

by Taylor Williams February 10, 2026

NEW LONDON, CONN. — Connecticut College, a liberal arts institution in New London, has completed the renovation of a campus center that was originally constructed in 1957. Known as the College Center at Crozier-Williams, the 65,0000-square-foot facility houses flexible study and gathering spaces, dining space, a relocated pub with event space and a landscaped terrace with a student garden. KSS Architects led the design of the renovation, which the college executed along with project manager Colliers.

February 10, 2026

Development Healthcare Illinois Midwest

Ware Malcomb Completes Design of 3,500 SF Outpatient Office for Romeo Orthopaedics in Suburban Chicago

by Kristin Harlow February 10, 2026

BURR RIDGE, ILL. — Ware Malcomb has completed the interior architecture and design, along with branding services, for the 3,500-square-foot outpatient office for Romeo Orthopaedics in Burr Ridge. Romeo Orthopaedics specializes in the management and surgical treatment of shoulder, elbow and sports medicine conditions. Ware Malcomb worked in partnership with the building owner, C.R. Panico & Associates, to complete the project. The project scope of work encompassed minor demolition, new walls and doors, power and data installation, updated ceilings and lighting, finishes and custom millwork. A dedicated X-ray suite required close coordination with specialty consultants to address equipment clearances, shielding requirements and infrastructure integration, ensuring compliance with clinical and safety standards. Morgan/Harbour Construction was the general contractor.

February 10, 2026

Development Industrial New Jersey Northeast

Seagis Begins Vertical Construction on 53,315 SF Warehouse in Kearny, New Jersey

by Taylor Williams February 10, 2026

KEARNY, N.J. — Metro Philadelphia-based developer Seagis Property Group has begun vertical construction on a 53,315-square-foot industrial project in the Northern New Jersey community of Kearny. The fully secured warehouse at 500 Belleville Turnpike will feature a clear height of 36 feet, seven dock doors, two drive-in doors, 55 parking spaces and approximately 6,000 square feet of outdoor storage space. Construction is slated for a summer completion.

February 10, 2026

Development Industrial South Carolina Southeast

Frampton Delivers 300,000 SF Distribution Facility in South Carolina for Le Creuset

by John Nelson February 10, 2026

EARLY BRANCH, S.C. — Frampton Construction has delivered a new 300,000-square-foot build-to-suit distribution facility located at 601 Bob Gifford Parkway in Early Branch for cookware manufacturer Le Creuset of America. The 62-acre property is situated in Hampton County and sits about 54 miles north of Savannah via I-95. The development serves as Le Creuset’s North American distribution hub and also features two stories of office space for the company’s executive offices, call centers and administrative support. The design-build team includes McMillan Pazdan Smith (architect), Thomas & Hutton (civil engineer), WGPM (structural engineer), Paulson Cheek Mechanical (mechanical and plumbing contractor) and Allegiance Industries (electrical contractor).

February 10, 2026

Development District of Columbia Hospitality Industrial Loans Southeast

DC Green Bank, Nuveen Green Provide $42M C-PACE Loan for Hotel Conversion Project in D.C.

by John Nelson February 10, 2026

WASHINGTON, D.C. — DC Green Bank and Nuveen Green Capital have closed $42 million in C-PACE financing for a hotel conversion project in Washington, D.C. The project is a repositioning of a former warehouse in the city’s Georgetown district into the new 230-room citizenM Georgetown hotel. The borrower, Another Star, will operate the hotel upon completion of the conversion, which is expected for this summer. The project will include installing efficient HVAC, water heaters, insulation and lighting systems, which are estimated to save the property owner approximately $46,000 in utility costs per year. Another Star manages 37 citizenM hotels in the United States and Europe.

February 10, 2026

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