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DevelopmentFloridaSoutheastStudent Housing

Landmark Properties Delivers 759-Bed Student Housing Community Near University of South Florida

by John Nelson

TAMPA, FLA. — Landmark Properties has delivered The Metropolitan Tampa, a 759-bed student housing development located at 2701 E. Fowler Ave. near the University of South Florida (USF) campus in Tampa. The community offers 276 fully furnished units in studio through four-bedroom configurations. Shared amenities at the property include an outdoor rooftop swimming pool, jumbotron, grilling areas, a gaming lawn, two courtyards, fitness center, study centers and onsite parking. The development also features 1,700 square feet of retail space at the ground level. The development team for the five-story project included Niles Bolton Associates and Landmark Construction, the in-house construction arm of Athens, Ga.-based Landmark Properties.

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Mount-Laurel-Cold-Storage
DevelopmentIndustrialNew JerseyNortheast

BentallGreenOak, RL Cold Break Ground on 215,766 SF Cold Storage Project in Mount Laurel, New Jersey

by Taylor Williams

MOUNT LAUREL, N.J. —  A joint venture between institutional investment firm BentallGreenOak and RL Cold has broken ground on a 215,766-square-foot cold storage project in Mount Laurel, an eastern suburb of Philadelphia. Greek Design|Build, an affiliate of regional owner-operator Greek Real Estate Partners, is handling construction of the project, which is being developed on a speculative basis. The facility will feature four variable compartments that can accommodate temperatures ranging from minus 10 to 55 degrees Fahrenheit, as well as a food inspection area, 27 dock positions, 5,000 square feet of mezzanine storage space and office space. A tentative completion date was not disclosed.

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CivicDevelopmentNew YorkNortheast

Westchester County Approves $35M Bond Financing for Renovations at Sarah Lawrence College

by Taylor Williams

YONKERS, N.Y. — The Westchester County Local Development Corp. has approved $35 million in tax-exempt bond financing to fund various renovations at Sarah Lawrence College in Yonkers. The 44-acre liberal arts school was founded as a women’s learning institution in 1926 but became coeducational in 1968. The financing will cover renovation and rehabilitation of The Siegel Building, the performing arts center, the Bates Building and various athletic facilities. Proceeds would also be used to purchase and renovate the building at 8 Oak Bend, as well as to upgrade campus-wide information technology hardware, infrastructure, machinery, equipment and other items of personal property.

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Overlook-Apts-Johnstown-CO
ColoradoDevelopmentLoansMultifamilyWestern

PCCP Provides $41M Senior Loan for the Development of 210-Unit Overlook Apartments in Johnstown, Colorado

by Amy Works

JOHNSTOWN, COLO. — PCCP has provided a $41 million senior loan to Journey Homes for the construction of Overlook Apartments, a garden-style multifamily community located at 2530 Bearberry Lane in Johnstown, just south of Fort Collins. Construction is underway with completion slated for first-quarter 2025. Situated on 16 acres, Overlook Apartments will feature 210 one-, two- and three-bedroom units spread across 10 residential buildings. The community will offer a clubhouse, fitness center, resort-style pool, coworking lounge, resident lounge, children’s playground and picnic areas with outdoor firepits and grills.

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Pearl-Street
DevelopmentFloridaMixed-UseSoutheastTop Stories

Gateway Jax Receives Approval for $2B Mixed-Use Project in Downtown Jacksonville

by Katie Sloan

JACKSONVILLE, FLA. — Gateway Jax has received approval from the Jacksonville City Council for the development of Pearl Street District, a $2 billion mixed-use project set to span 25 blocks in downtown Jacksonville.  Plans for the development include 1,000 residential units; more than 100,000 square feet of retail space; public gathering spaces, including parks surrounding the historic Porter House mansion; widened and shaded sidewalks; and a curbless “festival street” with outdoor dining. Gateway Jax bought the site last year. Anticipated tenants for the retail portion of the project include a full-service grocery store, high-end fitness club, restaurants and daily service providers, like salons and shops.  Gateway Jax plans to break ground in October, pending receipt of city permits, and develop the project in phases over the next decade. The project is expected to create 2,700 permanent jobs and spur over $750 million in annual economic impact and full build-out, according to the developer. Partners include the Downtown Investment Authority and the City of Jacksonville. Gateway Jax is a Jacksonville-based commercial real estate development firm sponsored by JWB Real Estate Capital and DLP Capital. — Katie Sloan

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Dicks-Sporting-Goods-Fort-Worth
DevelopmentIndustrialTexas

DICK’s Sporting Goods to Open 800,000 SF Distribution Center in South Fort Worth, Create 300 Jobs

by Taylor Williams

FORT WORTH, TEXAS — DICK’s Sporting Goods (NYSE: DKS) will open an 800,000-square-foot distribution center in Fort Worth, a move that is expected to create about 300 new jobs within the local economy over the next 10 years. The facility will be situated on an 89.5-acre site within Risinger/35 Logistics Park, a development by Hillwood on the city’s south side, and will serve more than 100 stores across several states. Construction of the facility, which is expected to create more than 800 temporary jobs, is scheduled to begin this fall and to be complete in early 2026. Nationally, the Pittsburgh-based retailer operates five other distribution centers in Georgia, New York, Arizona, Indiana and Pennsylvania.

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Carpenters-Logistics-Center-Channelview
DevelopmentIndustrialTexas

TCC, South Atlantic Underway on 752,134 SF Industrial Project in Channelview, Texas

by Taylor Williams

CHANNELVIEW, TEXAS — A joint venture between Trammell Crow Co. (TCC) and an affiliate of South Atlantic Services is underway on construction of Carpenters Logistics Center, a 752,134-square-foot industrial project located in the eastern Houston suburb of Channelview. The development team has tilted the walls on the cross-dock building and is targeting January 2025 for delivery. Building features of Carpenters Logistics Center include a cross-dock configuration, 40-foot clear heights, 330 trailer parking stalls and an ESFR sprinkler system. The site also features five acres of contiguous industrial outdoor storage space. Seeberger Architecture designed the project, and D.E. Harvey Builders is serving as the general contractor. CBRE is the leasing agent.

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DevelopmentLeasing ActivityRestaurantRetailSouth CarolinaSoutheast

SJC Ventures Completes Phase II of West Ashley Station Shopping Center in Charleston

by John Nelson

CHARLESTON, S.C. — Atlanta-based SJC Ventures, along with general contractor Hill Construction, has completed Phase II of West Ashley Station, a shopping center located at 1125 Savannah Highway in Charleston’s West Ashley neighborhood. Spanning 29,000 square feet, the second phase is fully leased to tenants including Hollywood Feed, Hand & Stone, Another Broken Egg, Pacific Dental, GoodVets, Jersey Mike’s Subs, Nothing Bundt Cakes, CAVA, Nikita Hair Salon, House of Sage (a women’s boutique retailer) and Serotonin Centers. Several tenants in the second phase are already open. SJC Ventures expects all tenants to be open by February 2025. John Orr and Lindsey Halter of Carolina Retail Experts marketed West Ashley Station for lease. Phase I of the property includes a 45,062-square-foot Whole Foods Market that opened in 2018.

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DevelopmentIllinoisIndustrialMidwest

Contegra Construction Underway on 75,000 SF Eastport Commerce Center in Collinsville, Illinois

by Kristin Harlow

COLLINSVILLE, ILL. — Contegra Construction Co. is underway on Eastport Commerce Center, a 75,000-square-foot office and distribution facility in Collinsville, an eastern suburb of St. Louis. BHMG Engineers, a utility engineering firm based in Sunset Hills, Mo., has leased 25,000 square feet at the property. The new office will replace BHMG’s existing 5,000-square-foot office at 1902 Vandalia St. in Collinsville. Located on a 9.5-acre site at the intersection of Eastport Plaza Drive and Fairmont Avenue, the building is near the I-255/I-55 interchange. The property features a clear height of 28 feet, four dock doors, three drive-in doors and 160 parking spaces. A timeline for completion was not provided.

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DevelopmentIllinoisMidwestRetail

Mosaic Construction Completes 6,700 SF Facility for Stride Autism Centers in Oak Park, Illinois

by Kristin Harlow

OAK PARK, ILL. — Mosaic Construction LLC has completed a new facility for Stride Autism Centers at 6400 W. North Ave. in Oak Park near Chicago. One of more than 20 Stride facilities across the country, the new location features a safe free-play natural environment space, circle time areas and more than 10 individualized instruction spaces customized for the needs of children with autism. The 6,700-square-foot space features a reading nook and mural wall inside the activity room as well as new flooring, appliances, paint and updates to the bathrooms and classrooms. Project partners included Huron Design Group, Splash 10, North Builders, D&D Flooring, Frank Bak Decorating, Brew Plumbing, Parkside Electric and G&C Glass, Mirror and Construction.

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