Development

GRISWOLD, CONN. — Dakota Partners, a Massachusetts-based developer, will build a 144-unit multifamily property in Griswold, about 50 miles east of Hartford. Dakota Partners purchased the land from Omega Healthcare for $1.3 million. More than 75 percent of the units will be leased as affordable housing. Construction is slated to begin in 2020. Ron Lyman of Lyman Real Estate represented both Dakota Partners and Omega Healthcare in the land sale.

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CLIFTON, N.J. — Filipino grocer FilStop will open a 16,000-square-foot flagship store in Clifton, a western suburb of New York City. The specialized grocery store will also maintain its original 4,000-square-foot location in Jersey City. The store will be located within Clifton Plaza, a 95,000-square-foot retail center anchored by Big Lots, Blink Fitness and Dollar Tree. Levin Management Corp. is the leasing agent for the property. The opening is slated for Aug. 22.

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EL SEGUNDO, CALIF. — R.D. Olson Construction has completed AC Hotel Los Angeles South Bay, a six-story hotel located in El Segundo’s business district. Located at 2130 Maple Ave., the 98,728-square-foot hotel features four tech-enabled meeting space, the city’s first rooftop bar with exterior benches and a fire table. The hotel offers 106 king-bed and 74 double-queen guestrooms featuring a European-style, contemporary design. The property also features an AC Lobby Lounge, which is a communal workspace by day and social gathering space by night; a first-floor bar and terrace with a fireplace and water feature; a 24-hour fitness center; and AC Kitchen, a European-style restaurant serving a variety of breakfast options. Project partners included Welcome Group Inc., AXIS/GFA Architecture + Design, Design Force Corp. and Robison Engineering.

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LAFAYETTE, IND. — Brinkmann Constructors has completed construction of the Rise on Chauncey, a 675-bed student housing property near Purdue University in West Lafayette. At 16 stories, the property is West Lafayette’s tallest building. Apartments range from studios to four-bedroom units. CA Student Living, the student housing division of Chicago-based CA Ventures, was the developer. The complex spans 458,000 square feet with 283 fully furnished units. Brinkmann completed the project in 19 months. Monthly rents start at $689 for a shared four-bedroom unit.

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LEAWOOD, KAN. — VanTrust Real Estate LLC, in partnership with Hallbrook Office Center LLC, has unveiled plans to develop a new 120,527-square-foot office building at Hallbrook Office Center in Leawood. This is the third building planned for the office park. Miles McCune and Jeff Winters of Cushman & Wakefield will market the building for lease. The new structure will sit on eight acres at College Boulevard and State Line Road. While the first two buildings at Hallbrook were built on a speculative basis, the project team does not plan to begin construction on the third building until commitments for at least one floor of the property (30,000 square feet) are secured.

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URBANDALE, IOWA — The Urbandale Community School District has selected Stahl to construct a two-story, 118,000-square-foot elementary school. The $28 million building, located at 7110 Prairie Ave., will replace the existing Olmsted Elementary. In addition to classrooms, the building will feature a kitchen and cafeteria, gymnasium, administration area and auxiliary spaces. Urbandale’s new school is part of a $59 million bond referendum and long-term facilities plan for the district to meet the growing need for additional education space to accommodate children in pre-kindergarten through fifth grade. Once complete, the school will house up to 650 students. Completion is slated for May 2021. DLR Group is the architect.

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PASADENA, TEXAS — Panattoni Development Co. and its equity partner MetLife Investment Management have broken ground on Bayport South, a 642,994-square-foot industrial project located at 10575 Red Bluff Road in Pasadena, an eastern suburb of Houston. The cross-dock facility will be situated near both the Bayport Container Terminal and the Barbours Cut Container Terminal. Building features will include 36-foot clear heights, 150 trailer parking spaces, 330 automobile parking spaces and 180-foot truck court depths. JLL will market the facility for lease. Construction is expected to be complete in the first quarter of 2020.

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EULESS, TEXAS — Seefried Industrial Properties and Clarion Partners have begun work on DFW Airfield Logistics Center, a 356,518-square-foot speculative warehouse project in Euless, located in the north central part of the metroplex. Situated on 31 acres, the project will consist of two buildings, a 145,878-square-foot rear-load building and a 210,640-square-foot front-load building. Specific features will include 28- to 32-foot clear heights, 84 dock doors, four drive-in doors, 110 trailer parking spaces and 407 automobile parking spaces. Pross Design Group is the project architect, and FA Peinado LLC is the general contractor. Completion is slated for the second quarter of 2020.

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IRVING, TEXAS — Locally based multifamily developer JPI will build Jefferson Innova, a 433-unit community in Irving’s Las Colinas district, the company’s sixth project in that submarket. JPI has closed on construction financing for the five-acre project and expects to open the property in spring 2021. Amenities at Jefferson Innova will include a pool, business center, fitness center with a yoga studio, a coffee bar and two outdoor kitchens. Humphreys & Partners is the project architect, and Glenn Engineering Corp. is the civil engineer. CrossHarbor Capital Partners is serving as JPI’s equity partner on the project.

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FRISCO, TEXAS — StreetLights Residential, a multifamily developer with five offices across the country, has broken ground on The Margo, a 358-unit project within The Canals at Grand Park in Frisco. The property will feature one-, two- and three-bedroom units ranging in size from 505 to 2,000 square feet. The Margo will offer amenities such as two pools, an entertainment lawn with outdoor games, a fitness center, game room, theater room and a private lounge. LRK served as the architect for the project, completion of which is scheduled for spring 2021.

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