Development

Skender Launches Modular Building Production at Chicago Manufacturing Facility

by Kristin Harlow May 29, 2019

CHICAGO — General contractor Skender has launched modular building production at its advanced manufacturing facility on Chicago’s Southwest Side at 3348 S. Pulaski St. Modular building, which is completed onsite, reduces both price and delivery schedule. A ribbon-cutting ceremony took place on Tuesday, May 28. Chicago Mayor Lori Lightfoot, who attended the event, said that the project will help generate job growth and advance a creative solution to address the affordable housing shortage. The first modular building project will be 10 affordable apartment buildings from developer Sterling Bay. The three-flat buildings will be completed and ready for occupancy in a nine-week production schedule, 80 percent faster than conventional construction methods, according to Skender. At full capacity in about 18 months, Skender’s facility will employ 150 workers.

May 29, 2019

Development Midwest Minnesota

Stahl Completes Elementary, Middle School Expansion in Eden Prairie, Minnesota

by Kristin Harlow May 29, 2019

EDEN PRAIRIE, MINN. — Stahl has completed construction of the expansion and renovation of Prairie View Elementary and Middle School in Eden Prairie. The school serves children from early childhood through eighth grade. The $9.6 million expansion added approximately 42,000 square feet to the existing 124,000-square-foot school. In particular, the school features a new classroom wing, gymnasium and exterior storage building. Wold Architects and Engineers designed the project in collaboration with the Elk River Area School District, which expanded the school due to recent substantial population growth in the area.

May 29, 2019

Development Industrial Texas

Port of Corpus Christi Begins Work on $92M Channel Improvement Project

by Taylor Williams May 29, 2019

CORPUS CHRISTI, TEXAS — The Port of Corpus Christi, in partnership with the U.S. Army Corps of Engineers (USACE) and Illinois-based Great Lakes Dredge & Dock Co. LLC, has begun work on its $92 million Channel Improvement Project. Specifically, the project will deepen and widen the Corpus Christi Ship Channel from the Gulf of Mexico to Harbor Island. The project will also increase the depth from 47 feet to 54 feet from the jetties at the entrance of the ship channel to Harbor Island and will deepen the ship channel into the Gulf of Mexico to 56 feet. As one of the larger dredging companies in the United States, Great Lakes Dredge & Dock has worked on high-profile projects that include the Deepwater Horizon Oil Spill cleanup and the deepening of the Port Miami harbor. Situated on the western Gulf of Mexico with a 36-mile channel, Port Corpus Christi is the fourth-largest port in the United States in total tonnage and is the leading U.S. crude oil export port. Throughout 2018, the port shipped more than $10.8 billion worth of crude to U.S. trading partners.

May 29, 2019

Development Multifamily Seniors Housing Texas

ITEX Group, Austin Housing Authority Reopen Affordable Seniors Housing Community

by Taylor Williams May 29, 2019

AUSTIN, TEXAS — The ITEX Group, in partnership with the Housing Authority City of Austin (HACA), has reopened Pathways at Gaston Place, an affordable seniors housing community in Austin. HACA owns the property, which was initially built in 1978 to provide housing to the elderly (62 or older), disabled or those displaced by natural disasters. ITEX provided development and construction services for the redevelopment project. Gaston Place was in need of repairs, renovations and upgrades to meet requirements of the Americans with Disabilities Act (ADA). These changes, along with several common area upgrades throughout the community, will help provide improved homes for residents just north of downtown Austin. Gaston Place is currently 100 percent occupied.

May 29, 2019

Development Florida Multifamily Seniors Housing Southeast

SRI Management, Gordon Cos. Open 125-Unit Assisted Living Community in Central Florida

by Alex Tostado May 29, 2019

LADY LAKE, FLA. — SRI Management LLC has opened Village Veranda, a 125-unit assisted living and memory care seniors community in Lady Lake, about 50 miles northwest of Orlando. Gordon Cos. developed the community for owner Village Veranda Lady Lake LLC. SRI Management is the operator. The 117,000-square-foot community offers 100 assisted living apartments up to 875 square feet and ranging from studio to two-bedroom options. In addition, the facility offers 25 memory care apartments between 350 and 449 square feet. Forum Architecture & Interior Design Inc. was the designer on the project, while Core Construction led the building team.

May 29, 2019

Affordable Housing Development Hawaii Multifamily Top Stories Western

State of Hawaii, Standard Communities Unveil $223.9M Plan to Rehabilitate 1,221 Affordable Housing Units

by Kristin Harlow May 29, 2019

HAWAII — Standard Communities, in partnership with the State of Hawaii and Honolulu-based Stanford Carr Development, has unveiled a $223.9 million public-private partnership that will reposition 1,221 affordable housing units across six properties on the islands of Oahu, Hawaii and Maui. “Leveraging private funds through partnerships like this is a more efficient use of state resources,” says Gov. David Y. Ige. “It’s more cost effective to sell the leasehold interest and have Standard Communities and Stanford Carr Development bring private capital to pay for renovations and other capital improvements through the sale.” In the first transaction, Standard Communities acquired five of the six properties for a total of 995 units. The sixth is expected to close in the coming months. The seller was Hawaii Housing Finance and Development Corp. (HHFDC), a state-run agency. The new partnership preserves all the units as affordable housing for the long-term, though the exact length of that deal was not disclosed. The portfolio will undergo an $85 million rehabilitation. Residents will receive project-based rental assistance. As part of the rehabilitation, unit interiors will be renovated, building systems will be modernized and the common areas will be updated to house a comprehensive offering of services and …

May 29, 2019

iSports-Athletic-Facility-Cedar-Park-Texas

Development Retail Texas

iSports Breaks Ground on 206,000 SF Athletic Complex in Metro Austin

by Taylor Williams May 28, 2019

CEDAR PARK, TEXAS — iSports Cedar Park Ltd., an entity formed by a coalition of local real estate professionals and led by developer Eric Perardi, has broken ground on a 206,000-square-foot athletic complex in the northern Austin suburb of Cedar Park. Situated on 15.4 acres at the corner of U.S. Highway 183 and Scottsdale Drive, the complex will house tenants dedicated to elevating athletic performance. These include Austin-based Chaparral Ice, which will operate the facility’s two regulation-sized hockey rinks, and Nashville-based D1 Training, which has trained and rehabilitated famous athletes such as Tim Tebow, Von Miller and Peyton Manning. iSports is also seeking tenants that can operate the complex’s private gym, competitive cheerleading and gymnastics programs, sand volleyball courts, rehabilitation facilities and sports retail stores. Construction is expected to last a little more than a year, with the development team hoping to open the complex by next summer.

May 28, 2019

Development Industrial Self-Storage Texas

Jenkins Organization Opens 850-Unit Self-Storage Facility in Downtown Houston

by Taylor Williams May 28, 2019

HOUSTON — The Jenkins Organization, a locally based developer and manager of self-storage properties, has opened EaDo Storage, an 850-unit facility located at 1025 Sampson St. in downtown Houston. The Class A property spans 110,000 square feet and offers climate- and non-climate-controlled space. Additional features will include gated entry, electronic security monitoring throughout and space for a live-in, onsite manager.

May 28, 2019

Development Florida Hospitality Southeast

Hotel Motel Inc. Breaks Ground on 104-Room Cambria Hotel in Fort Lauderdale

by Alex Tostado May 28, 2019

FORT LAUDERDALE, FLA. — Hotel Motel Inc. has broken ground on Cambria Hotel Fort Lauderdale Beach, a 104-room hotel in Fort Lauderdale. The property is located at 2231 N. Ocean Blvd., which is within walking distance to North Beach. Amenities will include a swimming pool with ocean views, meeting space and a fitness center. The hotel is expected to open in 2020. Jai Motawni owns Hotel Motel Inc., which has developed several hotels in South Florida. This will be Cambria’s second hotel in Fort Lauderdale, joining Cambria Hotel Fort Lauderdale Airport South & Cruise Port.

May 28, 2019

Jackson-Distribution-Center-Zelienople-Pennsylvania

Development Industrial Northeast Pennsylvania

Al. Neyer Breaks Ground on 220,000 SF Distribution Center Near Pittsburgh

by Taylor Williams May 28, 2019

ZELIENOPLE, PA. — Commercial developer and design/build firm Al. Neyer has broken ground on Jackson Distribution Center, a 220,000-square-foot industrial project in Zelienople, located north of Pittsburgh. The Class A facility, which is being developed as a joint venture project with Bell Properties, will feature 32-foot clear heights, at least 22 dock doors, T-5 light fixtures and an advanced sprinkler system. Jackson Distribution Center will be located near I-80 and I-79, State Route 19 and the Pennsylvania Turnpike, as well as within 30 minutes of downtown Pittsburgh and Pittsburgh International Airport. Approximately 27 percent of the space is preleased. Completion is scheduled for the fourth quarter of this year.

May 28, 2019

Newer Posts

Older Posts