Wednesday, November 12, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Development

DevelopmentLeasing ActivityMixed-UseRestaurantRetailSoutheastVirginia

Hoffman & Associates Signs Four New Restaurants to Join West Falls Mixed-Use Project in Metro D.C.

by John Nelson

FALLS CHURCH, VA. — Hoffman & Associates has signed four new restaurant concepts to join the tenant roster at West Falls, a 10-acre mixed-use development in Falls Church, roughly 10 miles west of Washington, D.C. The new eateries include Ice Cream Jubilee, BurgerFi, Honoo Ramen Bar and Dok Khao. These restaurants will join other West Falls tenants that are now open, including Mason’s Famous Lobster Rolls, Chase Bank, Tierra Encantada, Perspire Sauna Studios, CityDance Studios and Levine Music. In addition to shops and restaurants, West Falls will include The Oaks (condominiums), The Reserve at Falls Church (seniors housing) and The Alder (market-rate apartments), as well as a central greenspace called The Commons.

Continue Reading
FacebookTwitterLinkedinEmail
Pavilions-at-The-Central-Dallas
DevelopmentRetailTexas

De La Vega Development Nears Completion of Phase I of Dallas Mixed-Use Project

by Taylor Williams

DALLAS — De La Vega Development is nearing completion of Phase I of The Central, a 27-acre mixed-use project located at the corner of North Haskell Avenue and the North Central Expressway in Dallas. Phase I of the project features a central communal park known as The Pavilions at The Central that can also support retail and restaurant uses. Designed in collaboration with local architecture firms GFF and Bud Creative, The Pavilions features four interconnected structures with outdoor seating that are surrounded by various biophilic elements and spaces that promote communal gathering. In addition, the space is located across from The Oliver, a 19-story apartment building that developer StreetLights Residential recently began leasing. Full completion of the park and pavilions is slated for the summer.

Continue Reading
FacebookTwitterLinkedinEmail
Echo-Lake-Houston
DevelopmentMultifamilyTexas

Fein Breaks Ground on 326-Unit Echo Lake Apartments in North Houston

by Taylor Williams

HOUSTON — Locally based developer Fein has broken ground on Echo Lake, a 326-unit apartment community that will be located in North Houston. The site spans 21.4 acres within the CityPlace mixed-use development, and the property is named after the 1.2-acre lake and trail system that will serve as a focal point of the project. Designed by Steinberg Dickey Collaborative and financed by Comerica Bank, Echo Lake will have two- and three-story buildings that will house one-, two- and three-bedroom units and Class A amenities. About 40 percent of units will be townhouse-style residences with attached garages. Fein is developing Echo Lake in partnership with Open House Group, an equity investment that was arranged by John Fenoglio of CBRE. The first units are expected to be available for occupancy in the second quarter of 2026, with full completion slated for mid-2027.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialTexas

Leon Industrial Begins Construction on 118,178 SF Project Near DFW Airport

by Taylor Williams

DALLAS —  Leon Industrial, a division of locally based development and investment firm Leon Capital Group, has begun construction on a 118,178-square-foot project near Dallas-Fort Worth (DFW) International Airport. The facility will be known as 161 Airport Center and will feature 32-foot clear heights, 130-foot truck court depths, an ESFR sprinkler system, up to 28 trailer parking spaces and additional outside storage space. Stream Realty Partners is the leasing agent. Completion is slated for late this summer.

Continue Reading
FacebookTwitterLinkedinEmail
2100-N-700-West-Spanish-Fork-UT.jpg
DevelopmentIndustrialUtahWestern

Ritchie Group to Develop 3.2 MSF Spec Industrial Park in Spanish Fork, Utah

by Amy Works

SPANISH FORK, UTAH — The Ritchie Group is developing Global Logistics Headquarters Development Park, a speculative industrial development in Spanish Fork. Located at 2100 N. 700 West, the project will feature 13 buildings totaling more than 3.2 million square feet of industrial space. The 1.9 million-square-foot first phase is scheduled for delivery by the end of the year, with full project completion expected by 2031. The development will feature tall clear heights, ample parking for trucks and cars, build-to-suit options tailored to tenant need and immediate access to Interstate 15. Jarrod Hunt, Gordon Jacobson and Andy Blunt of Colliers are handling leasing for the development.

Continue Reading
FacebookTwitterLinkedinEmail
Astoria-Apts-SLC-UT
DevelopmentLoansMultifamilyUtahWestern

Berkadia Secures $31.5M Bridge Loan for Apartment Project in Salt Lake City

by Amy Works

SALT LAKE CITY — Berkadia has secured a $31.5 million bridge loan on behalf of Midtown Capital to complete construction of The Astoria, a multifamily community in Salt Lake City. Slated for completion in third-quarter 2025, the 149-unit property is situated in the city’s Fairpark District. Scott Wadler, Patrick Johnson, Mitch Sinberg, Brad Williamson and Matt Robbins of Berkadia secured the financing for the sponsor, a vertically integrated real estate development and management company with offices in Miami, West Palm Beach, Fla., and Madrid, Spain. New York-based lender RMWC provided the two-year, floating-rate loan to refinance the existing construction loan and fund the project’s completion. Located at 11 N. 800 West, the seven-story Astoria will feature 372-square-foot micro units, 545-square-foot studios and one- and two-bedroom layouts up to 955 square feet each. The property is adjacent to the Jackson/Euclid light rail station, allowing for immediate access to SLC International Airport, the Delta Center and downtown Salt Lake City.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentHospitalityMichiganMidwestRetail

Michigan State Approves Construction of $150M Spartan Gateway District Project, Selects Developer

by Kristin Harlow

EAST LANSING, MICH. — The Michigan State University Board of Trustees has authorized the university to move forward with the construction of the Spartan Gateway District, a public-private campus community development project on the west side of campus along Harrison Road in East Lansing. The university has selected G&G Project Sparta LLC, a joint venture between Lansing, Mich.-based Gillespie Group and Omaha, Neb.-based Goldenrod Cos., as the developer. The project’s price tag is $150 million, according to Crain’s Detroit Business. The Spartan Gateway District encompasses a new hotel and retail space as well as an athletics arena. The Olympics Sports Arena will support volleyball, wrestling, gymnastics, locker rooms and coaching office space in addition to a number of university classrooms. The hotel and retail space would be part of the public-private partnership between the university and the developer. The Spartan Gateway District will be developed in multiple phases. The first phase will include the arena, which is slated to be operational by late 2027. Additional phases featuring a variety of commercial uses including a hotel, housing, office and retail spaces will follow. The timeline for the final phase, which will expand the university’s use of the facilities, is yet to …

Continue Reading
FacebookTwitterLinkedinEmail
One-Domino-Square-Brooklyn
DevelopmentMultifamilyNew YorkNortheast

Two Trees Management Completes Lease-Up of 279-Unit Multifamily Property in Brooklyn

by Taylor Williams

NEW YORK CITY — Locally based developer Two Trees Management has completed the lease-up of One Domino Square, a 279-unit multifamily property in the borough’s Williamsburg area. Designed by Selldorf Architects, One Domino Square offers both apartments and condos in a variety of floor plans, including penthouses for the latter component. Amenities include a pool, spa, resident lounges, media room, children’s playroom, private dining room, chef’s kitchen and outdoor grilling and dining stations. The property’s rental units are now 99 percent occupied, with rents starting at $4,770 per month for a studio apartment.

Continue Reading
FacebookTwitterLinkedinEmail
Reserve-at-Estuary-Weehawken
DevelopmentMultifamilyNew JerseyNortheast

Hartz Mountain Begins Leasing 218-Unit Apartment Complex in Weehawken, New Jersey

by Taylor Williams

WEEHAWKEN, N.J. — Locally based developer Hartz Mountain Industries has begun leasing The Reserve at Estuary, a 218-unit apartment complex in the Northern New Jersey community of Weehawken. Designed by MHS Architecture, the property is located within the 60-acre Lincoln Harbor mixed-use development and offers studio, one- and two-bedroom units that are furnished with stainless steel appliances, quartz countertops, individual washers and dryers and smart technology. Select residences have patios. Amenities include a pool, outdoor lounge, courtyard, fitness center, game room and a coworking lounge. Rents start at $3,300 per month for a studio apartment.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialTexasTop Stories

NVIDIA to Develop Two AI Supercomputer Manufacturing Plants in Texas As Part of $500B U.S. Investment

by John Nelson

SANTA CLARA, CALIF. — NVIDIA Corp. (NASDAQ: NVDA), a Santa Clara-based tech firm that primarily designs and manufactures graphics processing units (GPUs) for artificial intelligence (AI) use, plans to develop two new AI supercomputer manufacturing plants in Texas. The new projects will include a plant in Houston that NVIDIA is co-developing with Foxconn and a factory in Dallas that NVIDIA is building with Wistron. Further real estate specifics for the new facilities were not shared, but NVIDIA plans to create “digital twins” to design and operate the factories, which will be reliant on automation and robotics. Mass production of NVIDIA AI supercomputers at both plants is expected to ramp up in the next 12 to 15 months, according to NVIDIA. Additionally, NVIDIA announced that it has started production of NVIDIA Blackwell chips at the TSMC Arizona campus in Phoenix. NVIDIA is partnering with Amkor and SPIL for packaging and testing operations in Arizona. The new Texas plants and the production of NVIDIA Blackwell chips in Arizona are part of the company’s $500 billion push to mass produce NVIDIA AI supercomputers on U.S. soil, which would represent the first time that the company’s supercomputers were made entirely domestically. Together, the announcements …

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts