PHILADELPHIA — Cliffs Climbing + Fitness will open a 40,000-square-foot climbing and fitness facility called in Philadelphia on Saturday, Dec. 7. The Cliffs at Callow Hill will be located in a single-tenant warehouse at 1010 Callowhill St. and will offer climbing walls with classes and clinics for all skill levels, plus a private yoga studio and a full-scale fitness center. The facility was built by Caledonia Builders Inc. and the climbing walls were built by Walltopia. Michael Gorman and Stephen Carrozza of Metro Commercial Real Estate represented Cliffs in the lease negotiations.
Development
C.W. Driver Breaks Ground on $50M Language Arts, Social Science Building at Orange County College in California
by Amy Works
COSTA MESA, CALIF. — C.W. Driver Cos. has broken ground on Orange Coast College’s new $50 million Language Arts and Social Science Building in Costa Mesa. Slated for completion in summer 2021, the three-story, 107,760-square-foot building is part of a larger initiative to modernize the campus and accommodate its expanding enrollment. The building’s first floor will house classrooms, labs, an English as a Second Language computer lab, facilities for the Speech, Debate and Theater Team and a journalism newsroom. The second floor will feature classrooms and connect to the existing Mathematics Business and Computer Center Building, while the third floor will encompass division and faculty offices. Additionally, the building will include two elevators, a lactation room and gender-neutral restrooms on every floor. tBP Architecture is serving as architect on the project. The building is being financed through a combination of funding from California Proposition 51 and Measure M, a $698 million general obligation bond provided to construct education facilities for Coast Community College District.
ST. LOUIS — Chesapeake Hospitality has opened an 88-room Hotel Indigo in downtown St. Louis. Located at 501 Olive St., the boutique hotel property features a restaurant, rooftop bar and event spaces. The project involved the redevelopment of the former LaSalle Building, an office building dating back to the early 1900s. Each guest room pays homage to the building’s history and location within its décor. Guests have access to mini-refrigerators, complimentary Wi-Fi and USB charging ports.
Heidenberg, Strategic Real Estate Open 22,000 SF Marshalls Within Potomac Marketplace in West Virginia
by Alex Tostado
RANSON, W.VA. — Heidenberg Properties Group and Strategic Real Estate Partners have opened the 22,000-square-foot Marshalls at The Potomac Marketplace in Ranson. In March, the two companies announced they reached a leasing agreement with The TJX Cos., the parent company of Marshalls, and would need to immediately expand the center between Kohl’s and Petco. The center now spans 379,000 square feet following the expansion. Marshalls joins other retail tenants such as AT&T, Weis Markets, Kohl’s, Petco and The Home Depot.
LORDSTOWN, OHIO — General Motors and LG Chem have teamed up to invest up to $2.3 billion through a new, equally owned joint venture company. The partnership plans to establish a battery cell assembly plant for electric vehicles on a greenfield manufacturing site in northeast Ohio’s Lordstown. The plant is expected to create more than 1,100 new jobs. Groundbreaking is slated for mid-2020. Coinciding with the news is GM’s sale of its manufacturing complex in Lordstown to Lordstown Motors Corp. for the production of battery-electric trucks. This investment builds on GM’s previously announced $28 million investment in its Warren, Mich. battery lab.
OMAHA, NEB. — Access Commercial LLC has purchased an 11-acre redevelopment site in Omaha with plans to develop a mixed-use project known as Regency Landing. The site comprises the former Regency Lodge hotel and Shaker Place shopping center. Plans call for office, retail and restaurant space in addition to a hotel. Approximately 66,000 square feet of the east building at Shaker Place will be redeveloped, with the complete replacement of lobbies, mechanical systems, elevators and common areas. Some tenants such as Twisted Cork Bistro will remain in the redeveloped space. Regency Lodge, which closed in 2018, operated on the land for more than 40 years. It will be demolished by the end of this year.
DENVER — SunCap Property Group, in partnership with Colony Industrial, a subsidiary of Colony Capital, has closed on the land for the development of North Central Logistics Center, a speculative industrial project in Denver. Formerly known as Welby Gardens, the three-building speculative development will offer tenants the opportunity to occupy space ranging from 25,000 square feet to 641,000 square feet. Situated on 33 acres, the project will feature two single-loaded buildings with trucks entering in the rear and a central cross-docked facility. All buildings will feature 32-foot clear heights and ample employee parking. Murray & Stafford will manage construction, which is slated to begin by the end of the year with completion scheduled for early spring 2021. Mitch Zatz, Jason White and Carmon Hicks of JLL represented the land sellers in the transaction and will be handling leasing for the development.
DALLAS — Wood Partners, a multifamily development firm with offices around the country, has broken ground on Alta Midtown Park, a 307-unit apartment community located in the Vickery Meadow area of Dallas. The property will offer a mix of studio, one- and two-bedroom units with high-end appliance packages. Amenities will include a pool with tanning ledges, outdoor kitchen area, fitness center, conference room and a sky lounge with views of downtown Dallas. Completion is scheduled for early 2021.
MESQUITE, TEXAS — Conor Commercial Real Estate has acquired 12.4 acres in the eastern Dallas suburb of Mesquite for the development of Skyline Commerce Park, a 197,600-square-foot speculative industrial project. The site offers immediate proximity to Interstate 30 and U.S. Highway 80. Skyline Commerce Park will consist of a 135,200-square-foot building with 32-foot clear heights and a 62,400-square-foot building with 28-foot clear heights, as well as 258 parking spaces and 12 trailer parking stalls. Cadence McShane is the general contractor for the project, construction of which is slated to begin this year and wrap up in the fourth quarter of 2020. Conor Commercial Real Estate and Cadence McShane are both divisions of The McShane Companies, a national development and investment firm headquartered in suburban Chicago.
Owner of Metro New Orleans Mall to Start $100M Redevelopment, Adding Office Space and Apartments
by John Nelson
METAIRIE, LA. — The Richards family, the longtime owner and operator of Clearview Shopping Center in Metairie, has unveiled plans to transform the 700,000-square-foot regional mall into a mixed-use destination. Located at 4436 Veterans Memorial Blvd., the new Clearview City Center sits on a 35-acre site approximately six miles northwest of downtown New Orleans. The $100 million project will add a hotel, 260 upscale apartments, open-air restaurants with rooftop seating, 100,000 square feet of office space and green space for outdoor events and concerts. “This is what the next-generation consumer is looking for in a mixed-use development, and we’re bringing it here to the heart of Jefferson Parish,” says Thomas Richards, managing partner of Richards Clearview LLC. The redevelopment will create over 1,600 jobs and is expected to have a $123 million economic impact during construction alone, according to an analysis conduced by Greater New Orleans Inc. Once all phases are complete and Clearview City Center opens, it will support 420 total jobs and deliver $26 million in annual economic impact. Construction on the first phase of the Clearview City Center development is expected to begin in mid-2020, with the shopping center remaining fully operational throughout. The Richards family and …