WASHINGTON, D.C. — Jefferson Apartment Group and Stars REI have delivered J Linea, a 132-unit apartment community in Washington, D.C.’s Shaw neighborhood. The property is situated at 2009 8th St., less than two miles from downtown D.C. J Linea offers studio, one- and two-bedroom floor plans, each featuring stainless steel appliances, quartz countertops and backsplashes, kitchen islands, plank flooring and floor-to-ceiling windows. Communal amenities include a fitness center, rooftop terrace, coworking booths, 24/7 Amazon Hub package system and 16,000 square feet of ground-floor retail space. The joint venture acquired the site in 2016.
CLARKSVILLE, IND. — Cornerstone Group is underway on the development of Bolt + Tie, a 96-unit luxury apartment community in Clarksville, just north of Louisville, Ky. Nestled along the Ohio River, the community is expected to open in spring 2021. Monthly rents have yet to be disclosed for the units, which range from 577 to 1,451 square feet. The four-story development will also feature Elevate Office Suites, a mix of 46 office suites, 23 salon suites, 12 micro commercial spaces and a coworking space on the ground floor. In addition to a rooftop terrace, Bolt + Tie will include shared professional spaces such as conference rooms, a pitch presentation area, mailroom and package lockers. Envoy Inc. is a project partner. Bolt + Tie is the latest development at Water Town Square, a 28-acre business park.
EAST RUTHERFORD, N.J. — A partnership between New York-based developer Sterling Properties and Willton Investment Group has opened Central & Oak, a 208-unit luxury multifamily community in East Rutherford, a northwestern suburb of New York City. Located at 80 Oak St., the seven-building property features one- and two-bedroom units and amenities including a resident clubhouse, outdoor terrace, green space and a fitness center. Residences range in size from 724 to 1,308 square feet. The property offers convenient access to the Rutherford Trail Station, MetLife Stadium and the American Dream shopping and entertainment destination.
HOUSTON — Healthpeak Properties, a REIT focused on life sciences, seniors housing and medical office real estate, is underway on construction of a 116,500-square-foot medical office project in Houston. The five-story building is located at 7500 Fannin St. on the campus of The Woman’s Hospital of Texas, about one mile south of Texas Medical Center. The property is 36 percent preleased and is expected to be complete in December 2021. Transwestern is marketing the project, which also includes the construction of a new parking garage. The Woman’s Hospital of Texas was established in 1976 to provide a comprehensive suite of services for women, including obstetrics and gynecology.
RHOME, TEXAS — Texas-based food supplier Yo Quiero Brands has opened a 45,000-square-foot distribution center in Rhome, a northern suburb of Fort Worth. General contractor O’Connor Construction broke ground on the facility in April 2019. Yo Quiero, which also operates a facility in Mexico, specializes in the production and distribution of Latin foods such as guacamole, queso and salsa.
SCOTTSDALE, ARIZ. — Leon Capital Group has selected McShane Construction Co. to build Kierland Apartments, a multifamily property in Scottsdale. Situated on 1.7 acres at 7111 E. Tierra Buena Lane, Kierland Apartments will feature five stories of wood-frame construction over a two-story concrete podium with one sub-grade level. The exterior façade will consist of a mix of stucco, stone and metal panels with wire and glass railings on the balconies. The 202 apartments will offer high-end finishes, beverage centers and premium appliances, with some units featuring NanaWall folding glass door systems that lead to private balconies. Floors three through six will offer a mix of studio, one-, two- and three-bedroom layouts, while the top floor will consist of penthouse suites with upgraded finishes. Community amenities will include underground parking for residents; bicycle storage; a clubhouse with a poker room and community kitchen; and a deck with a saltwater swimming pool, spa and barbeque area. Completion of the property, which Design Studio Architects designed, is slated for August 2022.
NEW YORK CITY — Silverback Development, a New York City-based developer, has released its plans for a $250 million condominium building in midtown Manhattan. Located at 131 E. 47th St., the 200-unit building will rise 500 feet and will feature 5,000 square feet of ground-floor retail space as well as several landscaping features and sky lounges. Silverback Development is undertaking the project in partnership with Hong Kong-based Hopson Development Holdings. The property is situated four blocks southeast of Rockefeller Center. The developers plan to include a technologically advanced management system, advanced digital security systems and fully integrated home automation. “The market in midtown Manhattan will see continued demand as it is at the epicenter of corporate headquarters, national landmarks, renowned cultural institutions and Michelin-starred eateries,” says Josh Schuster, managing principal at Silverback Development. Hopson Development Holdings (SEHK: 754) acquired the building site from New Empire Real Estate Development late last year. New Empire had previously planned to construct a 122-unit multifamily project on the site, but plans stalled after the existing buildings were demolished in 2016. The site has been vacant since then. Hopson has more than 70 commercial real estate projects, manages more than 10 large urban complexes, and …
FARMERS BRANCH, TEXAS — Locally based developer Centurion American is underway on construction of Three Hickory Centre, a 103,000-square-foot office project that will be located within the 290-acre Mercer Crossing mixed-use development in Farmers Branch. The building will be situated on five acres, and the site offers direct access to Interstates 635 and 35, as well as the George Bush Turnpike. Completion is slated for December. Younger Partners is handling leasing of the property.
MELISSA, TEXAS — General contractor Talley Riggins Construction Group has broken ground on Melissa United Methodist Church, a 7,630-square-foot civic project that will be located about 45 miles northeast of Dallas. The church will feature an open worship space that can house up to 329 people and a nursery. Shanks Architects designed the project, which will be situated on 5.5 acres and is expected to be complete in January 2021.
NASHVILLE, TENN. — GBT Realty has broken ground on Parke West, a mixed-use development near Nashville’s West End that will feature a dual-branded hotel, 210 residential units and 11,000 square feet of retail space. Chartwell Hospitality will develop and manage the hotel, which will feature 110 Hilton Garden Inn rooms and 69 Home2 Suites rooms. The hotel will also feature a fitness center, amenity deck and 4,000 square feet of meeting space. This is the 13th hotel that Brentwood, Tenn.-based GBT Realty has built in the Nashville market. The apartment community will feature two outdoor amenity spaces. Hoar Construction is serving as the general contractor for Parke West, and First Horizon Bank provided construction financing. GBT Realty expects to deliver the project in 2022.