DENTON, TEXAS — JPI has broken ground on Jefferson Quail Creek, a $103 million workforce housing project that will be located in the North Texas city of Denton. Jefferson Quail Creek will offer 415 units in one-, two- and three-bedroom floor plans. Rent restrictions were not disclosed. Amenities will include a pool, courtyard with grilling stations, beer garden with an outdoor kitchen, clubroom with a café, a resident lounge with TVs and gaming stations, an indoor-outdoor fitness center and yoga studio and an enclosed dog park. The first units are expected to be available for occupancy in the mid-2027.
Development
CHARLOTTE, N.C. — Northwood has debuted Oro Ballantyne, a 316-unit luxury residential tower situated within The Bowl at Ballantyne mixed-use development in south Charlotte. Oro Ballantyne spans 26 floors with studio to three-bedroom apartment options, as well as townhome and penthouse layouts. Apartments range in size from 616 to 2,109 square feet. Monthly rental rates begin at $1,570. Amenities include the top-floor sky lounge, a hidden speakeasy called The Rhapsody Room, a golf and gaming simulator, resort-style swimming pool with cabanas, outdoor entertainment areas and coworking spaces. Northwood Office, in partnership with StreetLights Residential, developed the property. SK+I Architecture led the building’s design, while Samet Corp. served as the general contractor.
BRADENTON, FLA. — Thompson Thrift has recently hosted a ribbon cutting ceremony for The Stadler, a 279-unit luxury apartment complex located at 7120 Henry Drive in Bradenton. The Stadler offers one-, two- and three-bedroom apartments up to 1,445 square feet in size. Monthly rental rates range from $1,490 to $3,125, according to Apartments.com. Community amenities include a 24-hour fitness center, pickleball court, dog park with pet spa and grooming station, a covered sky deck and a lazy river-style swimming pool. The Stadler is situated on the southern border of the Lake Flores master-planned community, a mixed-use development that will encompass nearly 1,300 acres and feature 6,500 homes, 2 million square feet of retail, 1 million square feet of office space, 500 hotel rooms and a 19-acre man-made lake, upon completion.
Brennan Investment Underway on 100,800 SF Build-to-Suit Industrial Facility in Hopkinsville, Kentucky
by Abby Cox
HOPKINSVILLE, KY. — Brennan Investment Group is underway on the development of a 100,800-square-foot build-to-suit industrial facility in Hopkinsville. Upon completion, the facility will act as a food processing plant for Kitchen Food Co., an Australian-based company that manufactures and distributes ready-to-go products like sandwiches, wraps and meals. Byline Bank provided an undisclosed amount of construction financing for the project. Brennan, Kitchen Food Co. and federal/private student loan servicer Nelnet Inc. formed a partnership to own the facility, as well as provide equity for the project. Food Plant Engineering is leading construction for the project. The facility is expected to be fully operational in 2026.
BURLINGTON, N.J. — Locally based firm TFE Properties will develop Spectrum Village, a 141-unit apartment complex in the Southern New Jersey community of Burlington. The site spans 13 acres, and the development will consist of four buildings that will house one-, two- and three-bedroom units. Amenities will include a dog park, fitness center, kids’ play area and an outdoor communal gathering area. Construction is expected to begin sometime in the next few months.
SAN DIEGO — CEDARst Cos. has broken ground on Bancroft Lofts, a $106 million multifamily development located at 3760 Bancroft St. in San Diego’s North Park neighborhood. Slated for completion by December 2027, the 255,000-square-foot project will deliver 218 residences. Designed by JWDA Architects and built by KPRS, the eight-story property will feature 76 studios, 121 one-bedroom and 21 two-bedroom units, including 16 income-restricted units. Onsite amenities will include 189 parking stalls, a resort-style pool with a TV wall, a hot tub, fitness center, resident lounge, grilling stations, a movie theater, golf simulator and dedicated coworking and remote-work space. Bancroft Lofts is being developed in partnership with Quartz Lake Capital under a programmatic joint venture. Pacific Life is the construction lender, and a publicly traded insurance firm is providing common equity. Chris Collins and Zach Kersten of JLL Capital Markets arranged the project financing.
CHARLOTTE, N.C. — Scout Motors has selected Charlotte as its new U.S. corporate headquarters. The car manufacturer and subsidiary of German automaker Volkswagen plans to invest about $206 million within the local economy and to bring about 1,200 new jobs to the trade area. Scout Motors plans to fill these jobs over the next five years and will pay average annual wages of $172,000, which the company says is nearly double the average annual wage in Mecklenburg County. Scout Motors will locate its headquarters within Commonwealth, a mixed-use development in Charlotte’s Plaza Midwood neighborhood that is co-developed by Crosland Southeast and Nuveen Real Estate. The announcement builds on previous U.S. real estate activity by Scout Motors. The company is currently under construction on a 1,100-acre car manufacturing facility roughly 75 miles south of Charlotte in Blythewood, S.C., a project that is expected to be operational by 2027. The company also operates an “innovation center” in Novi, Mich. According to The Center Square, a watchdog publication that covers activities of state and local governments, Scout Motors received roughly $72 million in economic incentives for the deal. These included about $51.3 million from the State of North Carolina, $12.8 million from Mecklenburg …
HOUSTON — Transwestern has broken ground on a mixed-use project in Houston’s River Oaks district that represents the next phase of The Ro, a 17-acre development located at the intersection of West Alabama Street and Buffalo Speedway. The ensuring phase of The Ro will feature The Birdsall, Auberge Collection, which will consist of 44 residences and 105 boutique hotel rooms; The Clayton, a 317-unit apartment community; 80,000 square feet of retail and restaurant space; and office space. The previous phase of The Ro featured a 145,000-square-foot office building that is nearing completion and scheduled for tenant occupancy in June 2026. The Birdsall and The Clayton, as well as the retail component of the next phase, are expected to be delivered in late 2027.
LIBERTY HILL, TEXAS — NexMetro, a Phoenix-based build-to-rent (BTR) developer, has begun leasing Avilla Rio Oaks, a 260-unit community located about 35 miles northwest of Austin in Liberty Hill. The gated community sits on 25 acres and features one-level homes in one-, two- and three-bedroom formats with garages or covered parking. Amenities include a pool, grilling stations, lounge areas, a dog park and walking paths. Rents start at roughly $1,400 per month for a one-bedroom home.
WOODLAND HILLS, CALIF. — CCI has announced plans for the development of a 236-unit luxury senior living community in Woodland Hills, roughly 25 miles northwest of Los Angeles. Upon completion, Livelle Mulholland will feature 200 independent living units, seven villas, 16 assisted living apartments and 13 memory care units. LCS will manage the community. Amenities at the property will include a wellness center with therapy pools, nature trails and outdoor game courts, underground and attached garage parking, a restaurant, wine bar and rooftop lounge, indoor and outdoor theaters and classrooms. Construction is scheduled to begin in the second quarter of 2026, with a grand opening planned for the second half of 2028. The project team includes architect Perkins Eastman and engineer KPFF. Envicom is handling environmental and land planning, and Carlberg Associates and Brenner Consulting Group are responsible for horticulture and permit administration, respectively.
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