Development

Atco, Shorenstein Open 140,000 SF Office Building at Camp North End in Charlotte

by Alex Tostado June 25, 2020

CHARLOTTE, N.C. — Atco Properties & Management and Shorenstein Properties LLC have opened the Gama Goat Building, a 140,000-square-foot office building in Charlotte. The new building is situated at 1701 N. Graham St. within the 1 million-square-foot mixed-use development, Camp North End. The open-air property also features four food halls, including La Caseta, Bleu Barn Bistro and Saru by Bow Ramen, which were all unveiled during the grand opening ceremony held Wednesday. S9 Architecture served as the design architect, BB+M Architecture served as the local production architect and LandDesign served as the civil engineer and landscape architect for the Gama Goat Building. Jessica Brown, David Dorsch, Kris Westmoreland and Grant Keyes of Cushman & Wakefield will handle leasing efforts at the building. Approximately 3,000 square feet of retail space is available for lease, including the fourth food stall. Fitness concept bloc also leases space at the Gama Goat Building.

June 25, 2020

Alabama Development Multifamily Southeast

Middleburg Communities Breaks Ground on 290-Unit Multifamily Community in Huntsville

by Alex Tostado June 25, 2020

HUNTSVILLE, ALA. — Middleburg Communities has broken ground on Mosby Bridge Street, a planned 290-unit multifamily community in Huntsville. The community is situated within a designated Opportunity Zone in Cummings Research Park. Middleburg expects to complete the property in April 2022 with preleasing beginning in May 2021. Once complete, the community will offer one-, two- and three-bedroom floor plans across four four-story buildings. Unit interiors will feature stainless steel Energy Star appliances, granite countertops, balconies, Bluetooth keyless entry and nine-foot ceilings. Communal amenities will include valet trash pickup, package locker concierge, pool, dog park, pet spa and a two-story clubhouse. Cline Design Architects is the designer and Johnson & Associates is the civil engineer. Middleburg is serving as the general contractor and will manage the property.

June 25, 2020

Development Industrial Texas

City Council of Mesquite Approves 280-Acre Industrial Project

by Taylor Williams June 25, 2020

MESQUITE, TEXAS — The City Council of Mesquite, located east of Dallas, has approved a proposal for a 280-acre industrial park, a project that is expected to generate about $200 million in capital investment in land, infrastructure and construction. Dallas-based Wynne/Jackson has been tapped to lead development of the project, preliminary plans for which call for six industrial buildings ranging in size from 120,000 to 1 million square feet. The site is located along the Interstate 20 corridor in an area of town known as Trinity Pointe Mesquite and will ultimately be able to accommodate as much as 3 million square feet of industrial space. The development team expects to break ground by early 2021, but notes that strong demand could necessitate an earlier start date.

June 25, 2020

California Development Multifamily Western

AMCAL Equities, Swenson to Develop 1,039-Bed Student Housing Property in San Jose

by Amy Works June 25, 2020

SAN JOSE, CALIF. — A joint venture between Los Angeles-based AMCAL Equities and Northern California-based Swenson is developing The Grad, a student housing community in downtown San Jose. Situated within one block of San Jose State University, the 19-story, L-shaped building will feature 260 units totaling 1,039 beds. The top 17 floors will offer apartments, while building services and student amenities will occupy for first three levels, including double-height retail space on the ground floor. Interior, student-focused amenities will include a two-story lobby, yoga and spin studio, shared study rooms, computer center, multipurpose lounge area and leasing office/concierge desk. The property will feature an outdoor amenity deck with an exercise center with aerobic and weight equipment; a swimming pool with spa; sundeck; cabanas; barbeque grills; and picnic area. The amenity deck sits atop a three-story parking structure with a bicycle repair station and storage for 575 bicycles. Completion is slated for late summer 2020.

June 25, 2020

Development Multifamily Texas

ZOM Living, Civitas Capital to Develop 378-Unit Multifamily Project in North Dallas

by Taylor Williams June 25, 2020

DALLAS — A partnership between Orlando-based ZOM Living and investment management firm Civitas Capital Group will develop Mezzo, a 378-unit multifamily project that will be located along the U.S. Highway 380 corridor in North Dallas. Designed by JHP Architecture, the garden-style property will consist of 13 three-story buildings with surface parking and attached garages, as well as Class A amenities. The first units are expected to be delivered in the third quarter of 2021, with preleasing beginning in summer 2021. Stanford Construction is the general contractor for the project. Synovus Bank provided construction financing.

June 25, 2020

Development Office Texas

CIM Group Completes 44,000 SF Creative Office Building in Austin

by Taylor Williams June 25, 2020

AUSTIN, TEXAS — Los Angeles-based developer CIM Group has completed a 44,000-square-foot creative office building located at 3601 S. Congress Ave. in Austin. The building is situated within Penn Field a 16-acre campus that was originally developed in 1918 as a U.S. Army air base and now houses tenants such as Deep Eddy Vodka, High Brew Coffee and Pandora. The new building can accommodate single or multiple users and features floor-to-ceiling windows and outdoor patios and terraces. AQUILA Commercial is handling leasing of the property.

June 25, 2020

Westport Cupertino in Cupertino, California

California Development Mixed-Use Multifamily Retail Seniors Housing Western

KT Urban Receives Approval for Westport Cupertino Seniors Housing, Multifamily Project in California

by Amy Works June 25, 2020

CUPERTINO, CALIF. — The City of Cupertino Planning Commission has approved the development of Westport Cupertino, a seniors housing and multifamily community in Cupertino. KT Urban is developing the property. The mixed-use project has now cleared all required approvals except the City Council, which plans to review the proposal in the next month. Located at 21267 Stevens Creek Blvd., Westport Cupertino will feature 206 senior living apartments, including 48 affordable units and 27 memory-care units, and 88 single-family units in a mix of row home and townhome styles. In addition, the development includes 20,000 square feet of retail. The site is located across the street from De Anza College and the Cupertino Senior Center. Community amenities will include an on-site library, theater, lounge, restaurant, café, roof deck and terrace, medical offices and exercise rooms providing a range of activities and support for senior residents. Additionally, the project will feature below-grade parking, electrical vehicle charging stations and bicycle parking. The project is a redevelopment of the former 71,254-square-foot Oaks Shopping Center, which sits on an 8.1-acre site. KT Urban’s original plan was rejected by the City Council in 2017, but the new proposal includes the addition of seniors housing and below-market-rate units. …

June 25, 2020

Development Midwest Missouri Multifamily

Belton City Council Approves NorthPoint Development’s $44M Apartment Project in Missouri

by Kristin Harlow June 25, 2020

BELTON, MO. — The Belton City Council has approved NorthPoint Development’s $44 million redevelopment of a long-vacant site at 163rd St. and Turner Road in Belton, about 20 miles south of Kansas City. Plans call for a six-building, 322-unit luxury apartment property. Amenities will include a kitchen, coffee bar, fitness room, cycling studio, massage studio, conference room, outdoor patio and pool. Construction is expected to begin in 2021. Monthly rents are projected to range from $850 to $1,600. On June 8, the Belton Planning Commission voted to approve rezoning of the 11.6-acre site from commercial use to residential. The project is to receive tax abatement with issuance of Chapter 100 bonds to finance the cost of the project.

June 25, 2020

Development Indiana Industrial Midwest

Kenco Opens 250,000 SF E-Commerce Fulfillment, Distribution Facility in Jeffersonville, Indiana

by Kristin Harlow June 25, 2020

JEFFERSONVILLE, IND. — Kenco, a third-party logistics provider, has opened a new e-commerce fulfillment and distribution facility in Jeffersonville, three miles north of Louisville, Ky. The 250,000-square-foot space is designed to serve e-commerce merchants as well as business-to-business customers and is scalable to over 660,000 square feet. Kenco says the Jeffersonville location was selected to enable customers to reach the vast majority of the U.S. population in one to two days via ground transportation.

June 25, 2020

Development Georgia Office Southeast Top Stories

CDC to Develop 160,000 SF Research Lab in Atlanta

by Alex Tostado June 25, 2020

ATLANTA — The Centers for Disease Control and Prevention (CDC) will develop a 160,000-square-foot research lab at Roybal Campus, the organization’s main headquarters in Atlanta. The high-containment continuity lab (HCCL) will be a Biosafety Level-4 (BSL-4) facility, a designation reserved for the highest level of biological safety. The lab is part of the CDC’s 2025 master plan, which was finalized before the worldwide COVID-19 pandemic began. The Atlanta-based organization expects construction to begin in early 2021 and has tapped McCarthy Building Cos. Inc. as general contractor. Flad Architects, Page Southerland Page and WSP designed the HCCL. McCarthy, a St. Louis-based general contractor, has built 25 percent of the BSL-4 labs in the United States. The company also built the Emerging Infectious Diseases BSL-4 Laboratory on the Roybal Campus in 2005. In early 2018, the CDC petitioned Congress to allow for upgrades to be made at the facility. The development cost was not disclosed, although McCarthy entered into a $233 million contract with the U.S. government to construct the HCCL. “The facility has done quite well, but it runs constantly — 24 hours a day, seven days a week, 365 days a year,” Inger Damon, director of the division of high-consequence …

June 25, 2020

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