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DevelopmentMultifamilyStudent HousingTexas

Joint Venture Completes 873-Bed Student Housing Project in College Station

by Taylor Williams

COLLEGE STATION, TEXAS — A joint venture between The Dinerstein Cos., Up Campus Student Living and Harrison Street Asset Management has completed Aspire Reserve, an 873-bed student housing project located near the Texas A&M University campus in College Station. Situated within the Northgate District the 19-story building houses studio through six-bedroom units that range in size from 400 to 1,900 square feet. Amenities include two pools, study and collaboration spaces, a golf and gaming simulator, resident game lounges, a beauty bar, a retail market and an indoor/outdoor fitness and wellness center with yoga and spin studios.

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DevelopmentMultifamilyRetailStudent HousingTexas

Joint Venture Breaks Ground on Student Housing, Retail Development Near University of Texas at San Antonio

by Taylor Williams

SAN ANTONIO — A joint venture between Barshop & Oles Co. and Phoenix Property Co. has broken ground on La Cantera Crossing, a 10-acre development that will be located near the University of Texas at San Antonio campus. The project will include a 563-bed student housing community and retail space. Phoenix Property Co. will develop the student housing component of the project, which is expected to be complete in fall 2028. Barshop & Oles will develop the retail component, which will include multi-tenant buildings and pad sites. Further details on the development were not released.

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DevelopmentHealthcareNortheastPennsylvania

Geisinger Tops Out 600,000 SF Healthcare Project in Wilkes-Barre, Pennsylvania

by Taylor Williams

WILKES-BARRE, PA. — Geisinger Health System has topped out construction of 600,000-square-foot project in Wilkes-Barre, located in northeastern Pennsylvania. The 11-story inpatient facility is being developed as part of the Geisinger Wyoming Valley Medical Center expansion. Project partners include architect FCA, general contractor Turner Construction, structural engineer O’Donnell and Naccarato and steel fabricator Beauce Atlas. Completion is slated for 2028. As part of the project, Geisinger is also renovating 102,000 square feet of existing hospital space and a pedestrian bridge that connects the project to a medical office building that is also under construction on campus.

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DevelopmentGeorgiaIndustrialSoutheast

Blue Bird to Invest $300M in Fort Valley, Georgia, Develop 1 MSF Manufacturing Facility

by Abby Cox

FORT VALLEY, GA. — Blue Bird Corp., an American manufacturer of school buses and alternative-fuel student transportation, plans to invest an estimated $300 million to expand its manufacturing operations in Fort Valley, about 27 miles southwest of Macon, Ga. The new 1 million-square-foot facility is expected to create 375 new jobs over the next three years. Blue Bird will convert a former manufacturing site for diesel-powered motorhomes located at 401 Wanderlodge Way into a new facility to build buses of all powertrains. The facility will produce Type C school buses — i.e. the classic, “conventional” yellow school buses — which will include diesel, gasoline, propane and electric-powered models. Construction is expected to begin in the first quarter of 2027. Civic support for Blue Bird’s investment includes the Development Authority of Peach County, Georgia Quick Start and the Georgia Department of Economic Development’s (GDEcD) Global Commerce team.

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DevelopmentIndustrialMidwestOhio

Ambrose Breaks Ground on 1MSF Logistics Property in Metro Columbus

by Kristin Harlow

WEST JEFFERSON, OHIO — Ambrose has broken ground on Building II of the Columbus Logistics Park – West, a 169-acre, three-building logistics park in West Jefferson, 20 miles west of downtown Columbus. Building II will offer more than 1 million square feet of space for lease, including a 2,800-square-foot office area. The spec property will feature a clear height of 40 feet, 110 docks, two 4,000-amp panel services and ample auto and trailer parking. The building will offer a minimum divisibility of 531,000 square feet. Substantial completion is slated for fall 2027. ARCO is the general contractor, and ATA Architects provided design services. The Columbus-based Colliers team is handling leasing and marketing for the project. Ambrose partnered with Bank OZK on the construction loan. Building I within the park was completed in 2022. The 715,000-square-foot building is fully leased to GXO and FST Logistics.

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O27-Houston
DevelopmentOfficeTexas

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

by Taylor Williams

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.

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CivicDevelopmentIllinoisMidwest

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

by Kristin Harlow

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 …

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DevelopmentIndianaMidwestMultifamily

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

by Kristin Harlow

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 …

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Affordable HousingDevelopmentMidwestMultifamilyNorth Dakota

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

by Kristin Harlow

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.

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Truette-Apartments-Dover-New-Hampshire
DevelopmentMultifamilyNew HampshireNortheastRestaurant

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

by Taylor Williams

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

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