Development

Toll Brothers to Open Phase I of 1,093-Bed Student Housing Project Near Penn State

by Alex Patton March 4, 2020

State College, PA. — Toll Brothers Campus Living is set to open Phase I of The Yards at Old State, a 1,093-bed student housing development located near Pennsylvania State University in State College. The first phase of development will include 164 fully furnished, cottage-style units. Shared amenities will include a 21,000-square-foot clubhouse, resort-style swimming pool with hot tubs, an indoor basketball court, a state-of-the-art fitness center and study spaces. Phase I is set to open in summer 2020.

March 4, 2020

Development Multifamily New Jersey Northeast

Walters Nears Completion of 60-Unit Multifamily Property in West Creek, New Jersey

by Alex Patton March 4, 2020

WEST CREEK, N.J. — The Walters Group has completed three of the five buildings at its 60-unit Cornerstone at Grassy Hollow development in West Creek, located approximately 55 miles southeast of Philadelphia. The property offers one-, two- and three-bedroom floor plans and amenities including a community clubhouse, fitness center and picnic area. Walters expects to complete the remaining two buildings this spring.

March 4, 2020

Development Industrial North Carolina Southeast

Publix Breaks Ground on 940,000 SF Distribution Center in Greensboro, North Carolina

by Alex Tostado March 4, 2020

GREENSBORO, N.C. — Publix has broken ground on a 940,000-square-foot refrigerated distribution center in Greensboro. Publix expects the project to deliver the facility by the end of 2022 and to create 1,000 jobs by 2025. The new distribution center will be Publix’s 10th, joining other facilities in Boynton Beach, Deerfield Beach, Jacksonville, Lakeland, Miami, Orlando and Sarasota, Fla.; Lawrenceville, Ga.; and McCalla, Ala. Publix announced the project in 2018.

March 4, 2020

Development Georgia Industrial Southeast

Hines to Develop 737,000 SF Busch Logistics Park Near Atlanta

by Alex Tostado March 4, 2020

CHATSWORTH, GA. — Houston-based Hines will develop Busch Logistics Park, a planned two-building, 737,000-square-foot industrial property in Chatsworth. Both buildings will be developed simultaneously, and Hines expects to deliver them in early 2021. Building A will span 526,400 square feet and feature cross-dock configuration and 36-foot clear heights, and Building B will span 210,600 square feet and feature rear load configuration and a 32-foot clear heights. The property is situated on 97 acres off Cass White Road and Interstate 75, 45 miles northwest of Atlanta. Reed Davis and Bob Currie of JLL will handle leasing efforts on behalf of the developer.

March 4, 2020

Development Retail Southeast Tennessee

Whole Foods Opens 44,500 SF Store in Downtown Nashville

by Alex Tostado March 4, 2020

NASHVILLE, TENN. — Whole Foods Market has opened a 44,500-square-foot store in downtown Nashville. Whole Foods employs about 120 full- and part-time workers at the new store, which is situated at 1202 Broadway. The store will be open 7 a.m. to 10 p.m. daily. The new location features a full-service coffee bar called BroadBrews, offering coffee, espresso, cold brew, teas, beer, wine and pastries. The new Whole Foods is situated at the ground level of 1200 Broadway, a 26-story, 313-unit apartment complex. This is Whole Foods’ third location in metro Nashville, joining a store seven miles south of downtown in Green Hill and a store in Franklin, 18 miles south of Nashville.

March 4, 2020

Arizona Development Multifamily Student Housing Western

Toll Brothers Starts Construction of 826-Bed Canvas Student Housing Near Arizona State

by Amy Works March 4, 2020

TEMPE, ARIZ. — Toll Brothers Campus Living has started construction of Canvas, an 826-bed student housing community located near Arizona State University in Tempe. The property is scheduled for completion in fall 2023. The development will offer a mix of studio, one-, two-, three- and four-bedroom, fully furnished units. Shared amenities will include a rooftop swimming pool, outdoor grills, state-of-the-art fitness center, private study rooms, clubroom and e-sports lounge.

March 4, 2020

Civic Development Iowa Midwest

Stahl Completes Construction of 55,000 SF Public Library in Ankeny, Iowa

by Kristin Harlow March 4, 2020

ANKENY, IOWA — Stahl has completed the construction of the two-story, 55,000-square-foot Ankeny Kirkendall Public Library. Located at 1250 SW District Drive in the Prairie Trail development, the $14 million library also houses the city council chambers and a multi-function meeting and conference room. Construction started in June 2018 and wrapped up in February. OPN Architects designed the library. A suburb of Des Moines, Ankeny is the 10th-fastest growing city in the United States, according to the U.S. Census Bureau.

March 4, 2020

Development Industrial Texas

Jackson-Shaw Acquires 169 Acres in Fort Worth for 2.2 MSF Industrial Project

by Taylor Williams March 3, 2020

FORT WORTH, TEXAS — Locally based developer Jackson-Shaw has acquired 169 acres at the intersection of Altamesa Boulevard and Campus Drive in Fort Worth for the development of 46 Ranch Logistics Park, an industrial project that will ultimately span about 2.2 million square feet. Jackson-Shaw worked with the City of Fort Worth to rezone the rail-served site, which offers proximity to Interstates 35 and 20, from single-family residential to industrial. The first phase will feature 560,000 square feet of Class A space across three buildings that will be developed on a speculative basis. Construction of Phase I is scheduled to begin in June and to be substantially complete by the first quarter of 2021. Ridgemont Commercial Construction is the general contractor for the project, and GSR Andrade is the architect. Halff Associates is the civil engineer, and Stream Realty Partners is the leasing agency. Liberty Capital Bank provided construction financing.

March 3, 2020

Development Hospitality Texas

Swinerton Completes Renovations of 1,840-Room Sheraton Dallas Hotel

by Taylor Williams March 3, 2020

DALLAS — California-based general contractor Swinerton has completed the final phase of renovations of the Sheraton Dallas Hotel, a 1,840-room hotel in downtown Dallas that originally opened in 1959. Renovations included upgrades to all guestrooms, food and beverage outlets and the hotel’s 230,000 square feet of meeting and event space. Five new restaurant concepts — Open Palette, Moka Pot Coffee Shop, Draft Sports Bar & Lounge, The Parlor and Open Mkt. — are now in place at the hotel. The project team, which included design firms FlickMars and DLR Group, also installed new art and a rooftop garden with murals by local artist Falk Houben.

March 3, 2020

Development Office Texas

Hoar Construction Delivers 168,000 SF Office Project in North Austin

by Taylor Williams March 3, 2020

AUSTIN, TEXAS — Hoar Construction has delivered a 168,000-square-foot office project at the Paloma Ridge campus in North Austin. Designed by Sixthriver Architects and developed by Stream Realty Partners, the $17.6 million project is located less than a mile from Capital MetroRail Lakeline station. Amenities include private terraces on the third floor, a 2,000-square-foot fitness center, outdoor lounge, a jogging trail and bike storage space. The building is the third at Paloma Ridge, which houses Hewlett Packard Enterprise as one of its tenants.

March 3, 2020

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