Development

Kintetsu Group Begins Construction on 217-Room Hotel in Plano, Texas

by Taylor Williams October 17, 2025

PLANO, TEXAS — Kintetsu Group Holdings Co. has begun construction on a 217-room hotel in Plano, located northeast of Dallas, that will be operated under the Japanese conglomerate’s Miyako Hotels & Resorts brand. Designed by Gensler with interiors by Looney & Associates, the Miyako Hybrid Hotel Plano will be a 12-story building that will house a traditional Japanese restaurant, lobby bar, Japanese bakery, banquet and meeting space and a rooftop bar and outdoor pool. The Beck Group is the general contractor for the project, which is expected to be complete in fall 2027.

October 17, 2025

Development Hospitality Texas

Manhattan Construction Breaks Ground on 211,000 SF Academic Project at Texas A&M University

by Taylor Williams October 17, 2025

COLLEGE STATION, TEXAS — General contractor Manhattan Construction Co. has broken ground on a 211,000-square-foot academic project on the campus of Texas A&M University in College Station. The Aplin Center, named after Arch “Beaver” Aplin III, the founder of truck stop and convenience store chain Buc-ees, will house immersive learning labs for students enrolled in the College of Agriculture and Life Sciences and the Mays Business School. DLR Group and Pickard-Chilton co-designed The Aplin Center, which is expected to open in 2028.

October 17, 2025

Affordable Housing Development Multifamily New York Northeast

Partnership to Undertake $272.6M Affordable Housing Renovation Project in East Harlem

by Taylor Williams October 17, 2025

NEW YORK CITY — A partnership between two nonprofit organizations, The Community Builders and Ascendant Neighborhood Development, along with the New York City Housing Authority (NYCHA), will undertake a $272.6 million affordable housing renovation project in East Harlem. The project will rehabilitate 523 apartments that are housed across four buildings within two complexes — Metro North Plaza and Gaylord White Houses — and which are home to about 800 residents. The project will preserve the affordability of the units and will also enhance shared indoor spaces, common outdoor areas and building infrastructural systems. Specifically, façades will be repaired; roofs will be repaired or replaced; new windows will be installed; and elevators will be overhauled. Financing for the project stems from the NYCHA Permanent Affordability Commitment Together (PACT) program. Wavecrest Management will handle day-to-day property management at the developments. Merchants Capital has provided $100 million in financing for the project.

October 17, 2025

Broadcast-District-at-Spring-Township-Wyomissing-Pennsylvania

Development Mixed-Use Northeast Pennsylvania

SJC, Concordia to Develop Mixed-Use Project in Wyomissing, Pennsylvania

by Taylor Williams October 17, 2025

WYOMISSING, PA. — A partnership between Atlanta-based SJC Ventures and Washington, D.C.-based Concordia Group will develop Broadcast District at Spring Township, a mixed-use project in Wyomissing, a suburb of Reading. The development will feature 441 residential townhomes and single-family homes by Lennar and 341 apartments by SJC, as well as a 120,000-square-foot retail center that will be anchored by a 35,000-square-foot Whole Foods Market. Other retailers that have committed to the project include MyEyeDr., Sephora, Nothing Bundt Cakes, European Wax Center, Shake Shack, First Watch and BJ’s Restaurant & Brewhouse. Construction is scheduled to begin early next year.

October 17, 2025

Connecticut Development Multifamily Northeast

High Street Residential Breaks Ground on 175-Unit Multifamily Project in Darien

by Taylor Williams October 17, 2025

DARIEN, CONN. — High Street Residential, a subsidiary of Trammell Crow Co., has broken ground on Thorndal Circle, a 175-unit multifamily project in Darien, located in southern coastal Connecticut. The five-building complex will be situated on an 11-acre site and will house studio, one- and two-bedroom units. Amenities will include a pool, clubhouse, coworking lounge, fitness center, spa and wellness area, golf simulator and a demonstration kitchen. Construction is scheduled for a mid-2027 completion.

October 17, 2025

Development Midwest Missouri Multifamily

Cordish Completes $3M Renovation of One Light Luxury Apartments in Kansas City

by Kristin Harlow October 17, 2025

KANSAS CITY, MO. — The Cordish Cos. has completed a $3 million renovation of One Light Luxury Apartments coinciding with the property’s 10th anniversary. The apartment building, located in Kansas City’s Power & Light District, rises 25 stories with 307 units. The newly renovated lobby features updated lighting, contemporary artwork and enhanced seating areas as well as an expanded Luxer One package system to include refrigerated lockers. The third-floor amenity spaces feature a fully renovated theater and social room with a high-definition LED screen and billiards table, enhanced conference facilities and an expanded package room. The fourth-floor amenity spaces include a refreshed demonstration kitchen and the addition of new coworking booths and flexible workspaces in the clubroom. The lounge area has been updated with a new fireplace as well as new flooring and finishes. The leasing office was also redesigned with modern finishes. Residential floors throughout the building have undergone a complete refresh with new carpet, updated lighting, fresh paint and upgraded elevator vestibules.

October 17, 2025

Development Industrial Texas

Alliance Industrial Breaks Ground on 362,065 SF Project in North Dallas

by Taylor Williams October 16, 2025

DALLAS — Houston-based developer Alliance Industrial has broken ground on Park Six35, a 362,065-square-foot project in North Dallas. The site is located in the Valwood submarket, which lies at the junction of interstates 35 and 635, and the development will feature three buildings that will be able to support users with requirements ranging from 35,000 to 146,000 square feet. Buildings will have rear-load configurations and 32-foot clear heights. Demolitions of existing structures on the site are underway, and the groundbreaking of the new buildings is scheduled to occur before the end of the year. Holt Lunsford Commercial has been tapped as the leasing agent.

October 16, 2025

Chula Vista Storage will feature 123,582 square feet of self-storage space.

California Development Industrial Loans Property Type Self-Storage Western

UTEX Storage Partners Receives $23.4M in Construction Financing for Self-Storage Project in Chula Vista, California

by Amy Works October 16, 2025

CHULA VISTA, CALIF. — UTEX Storage Partners has obtained $23.4 million in nonrecourse construction financing for Chula Vista Storage, a to-be-built self-storage facility in Chula Vista. Brian Somoza led the JLL team in arranging the four-year, floating-rate loan through a life insurance company. Upon delivery in 2026, Chula Vista Storage will offer 123,582 square feet of storage space within two three-story buildings. The facility will feature an onsite office, security, a 24-hour surveillance system, controlled access, climate-controlled units and boat/RV storage. The property is located on 9.3 acres near the intersection of South Bay Expressway and Eastlake Drive, approximately 12 miles southeast of downtown San Diego. A REIT third-party management platform will operate and manage the property.

October 16, 2025

Affordable Housing Development Multifamily Utah Western

Cowboy Partners Breaks Ground on 200-Unit Affordable Housing Project in Salt Lake City

by Amy Works October 16, 2025

SALT LAKE CITY — Cowboy Partners, with MVE + Partners as architect, has broken ground on Liberty Corner, an affordable housing property in Salt Lake City. The 387,857-square-foot, ground-up community will feature 200 apartments. Salt Lake City-based Cowboy Partners is a multifamily and mixed-use developer.

October 16, 2025

Development Georgia Retail Southeast

Connolly Underway on 118,000 SF Woodstock Mill District Shopping Center in Metro Atlanta

by Abby Cox October 16, 2025

WOODSTOCK, GA. — Atlanta-based real estate developer and investor Connolly has begun construction on Woodstock Mill District, a 118,000-square-foot shopping center located in the Atlanta suburb of Woodstock. The property is slated to open in phases throughout the second half of 2026. Ameris Bank is providing construction financing for the project. Scott McGregor and Bo Schill of CBRE represented Connolly in the land acquisition, while John Haynes, also with CBRE, represented the land seller. The project team features Place Maker Design (architect), Robertson Loia Roof PC (civil engineer) and Benning Construction (general contractor). Woodstock Mill District will comprise 90,000 square feet of new retail space, including a 46,791-square-foot Publix grocery store that will serve as the anchor tenant. Additionally, the development will include six freestanding buildings ranging in size from 3,500 to 13,750 square feet. Towne Lake Plaza, an existing 28,000-square-foot shopping center which sits adjacent to Woodstock Mill District, will soon be rebranded to join the new development. Connolly originally acquired Towne Lake Plaza in 2021. Connolly has selected Ed O’Connor and Mindy Elms of Lavista Associates Inc. to handle leasing for Woodstock Mill District.

October 16, 2025

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