Development

Agora Realty Completes Construction of 90,750 SF Grocery-Anchored Retail Center in North Las Vegas

by Amy Works August 11, 2026

LAS VEGAS — Agora Realty has completed construction of Hylo Park South, a 90,750-square-foot grocery-anchored retail center located in North Las Vegas. The property will serve as the central gathering place for Hylo Park, a 73-acre master-planned community that is currently under development. Cardenas Markets anchors the 11-acre center, which was delivered 95 percent leased. Tenants include Ross Dress for Less, Starbucks Coffee, Chipotle Mexican Grill, In-N-Out Burger, PDS Health, AT&T, The UPS Store, Chase Bank, Allstate, Sourdough & Co. and Tesla.

August 11, 2026

Development Healthcare Midwest Minnesota

HGA, Mortenson Complete 620,000 SF Surgical Center Addition for Allina Health in Minneapolis

by Kristin Harlow August 11, 2026

MINNEAPOLIS — Design firm HGA and general contractor Mortenson have completed the Richard M. Schulze Surgical and Critical Care Center, a 10-story, 620,000-square-foot addition to Abbott Northwestern Hospital in Minneapolis. The largest construction project in Allina Health’s history includes 190 private inpatient rooms. The project team worked with Allina Health to integrate new critical care spaces, including 30 advanced operating rooms purpose-built for complex procedures, into the campus’s existing facilities. HGA implemented several infrastructure and planning improvements, including a new consolidated front entrance; the renovation of 200,000 square feet within the existing hospital to integrate new and existing spaces while modernizing critical areas such as operating rooms; and new roadways to improve circulation for the hospital’s emergency department. The hospital remained fully operational throughout the construction project. The project team included multidisciplinary engineering and specialty consultants, including Jacobs. The Schulze Building will welcome its first patients on Saturday, Aug. 29.

August 11, 2026

Development Mixed-Use Multifamily North Carolina Office Southeast

Hines, Harris Land to Develop Mixed-Use Campus in Charlotte’s SouthPark District

by John Nelson August 11, 2026

CHARLOTTE, N.C. — A joint venture between Houston-based Hines and locally based Harris Land Co. plans to develop The Gallery SouthPark, a mixed-use campus located along Carnegie Boulevard in Charlotte’s SouthPark district. The mixed-use property will comprise a 250,000-square-foot, Class A office building; 19-story, 302-unit residential building; shops and restaurants on the ground level of the two buildings; and an activated plaza displaying public art. The co-developers have tapped John Ball, Karah Tanneberger and Claiborne Mulhern of JLL to lead the office leasing efforts at The Gallery SouthPark. The project represents the first planned ground-up development in the Charlotte market for Hines.

August 11, 2026

Development Industrial Life Sciences Texas Top Stories

Bristol Myers Squibb to Open $2.3B Pharmaceutical Manufacturing Campus in Houston

by John Nelson August 11, 2026

HOUSTON — Bristol Myers Squibb (NYSE: BMY), a global pharmaceutical company best known for manufacturing treatments and medications such as Opdivo and Eliquis, will open a $2.3 billion manufacturing campus in Houston. The Princeton, N.J.-based firm chose a site within McCord Development’s 4,300-acre Generation Park for the approximately 600,000-square-foot project. “This investment reflects our confidence in America’s continued leadership in biopharmaceutical innovation,” says Christopher Boerner, board chair and CEO of Bristol Myers Squibb. “As part of our $40 billion commitment to the United States, we’re building the domestic manufacturing capabilities needed to deliver the next generation of medicines and support future scientific breakthroughs. Houston and the state of Texas offer the talent, infrastructure and partnership needed to help bring that vision to life.” Situated in northeast Houston, Bristol Myers Squibb’s new campus will be designed to be both modular and multi-modal, allowing the company to reconfigure manufacturing capacity for multiple types of medicines — including small molecules, biologics and antibody-drug conjugates — as needs arise. The new campus is estimated to create nearly 500 skilled jobs in the Houston area for roles including operations technicians, production specialists, maintenance and engineering professionals, quality control/assurance experts and administration. Bristol Myers Squibb also anticipates …

August 11, 2026

Development Multifamily Texas

Fairfield Residential Completes 340-Unit Multifamily Project in Houston’s Montrose District

by Taylor Williams August 10, 2026

HOUSTON — Fairfield Residential has completed 1010 Waugh, a 340-unit multifamily project in Houston’s Montrose district. Designed by Dallas-based KTGY, the 14-story building offers studio, one- and two-bedroom units that range in size from 539 to 1,612 square feet. Residences are furnished with stainless steel appliances, quartz countertops and individual washers and dryers, with select units offering private balconies/patios. Amenities include a pool, fitness center, golf simulator, sky lounge, coworking space, conference rooms and a game room. Rents start at roughly $1,800 per month for a studio apartment.

August 10, 2026

Affordable Housing California Development Multifamily Western

USA Properties Fund, Irvine Co. Break Ground on 338-Unit Affordable Housing Community in Tustin, California

by Amy Works August 10, 2026

TUSTIN, CALIF. — USA Properties Fund, in partnership with Irvine Co., has broken ground on Terracina at Tustin Legacy, a 338-unit affordable housing community located southeast of Anaheim in Tustin. The community sits within a 1,600-acre master-planned development that is a redevelopment of a former Marine Corps Air Station. Terracina at Tustin Legacy will feature two four-level buildings at 2265 Airship Ave. and 16055 Compass Ave., each featuring one-, two- and three-bedroom apartments, as well as a clubhouse, pool and parking garage. Completion is slated for the second quarter of 2029.

August 10, 2026

Arizona Development Multifamily Western

Garrett Cos. Completes 248-Unit Multifamily Project in Mesa, Arizona

by Amy Works August 10, 2026

MESA, ARIZ. — Garrett Cos. has completed construction of Emblem Mesa, a 248-unit multifamily project located at 1340 S. 48th St. in Mesa’s East Valley submarket. Situated on 14.3 acres, the garden-style development features 13 two- and three-story residential buildings with detached garages and covered parking distributed throughout the site. Designed by Ware Malcomb, the property’s one-, two- and three-bedroom apartments range between 793 square feet and 1,359 square feet with open-concept layouts, private outdoor spaces and kitchens with stainless steel appliances, quartz countertops, wood-style flooring and oversized closets. Community amenities include a resort-style pool, fitness center and a clubhouse.

August 10, 2026

Development Industrial Midwest Ohio

Partnership Breaks Ground on 959,579 SF Spec Industrial Facility in Columbus, Ohio

by Kristin Harlow August 10, 2026

COLUMBUS, OHIO — Trident Capital Group and O’Connor Capital Partners have closed a joint venture with Clarion Partners for the third phase of Rickenbacker Industrial Center in Columbus. The 959,579-square-foot speculative industrial facility will be located at 1669 Rohr Road. Construction has begun, and completion is slated for the first quarter of 2027. Situated on 57.3 acres, the project will feature a clear height of 40 feet, 104 dock doors, 238 trailer stalls and 336 car parking spaces. The project sits within a designated Qualified Opportunity Zone and carries a 15-year, 75 percent property tax abatement. Located within the broader Rickenbacker industrial corridor, the building will offer direct rail access alongside proximity to Rickenbacker International Airport, the Norfolk Southern Rickenbacker Intermodal Terminal and I-270. Dan Wendorf, Brian Marsh and Joseph Davis of JLL are marketing the building for lease.

August 10, 2026

Development Leasing Activity Midwest Missouri Restaurant Retail

Texas Roadhouse to Open at Olive Crossing in Olivette, Missouri

by Kristin Harlow August 10, 2026

OLIVETTE, MO. — Texas Roadhouse will open at Olive Crossing in the St. Louis suburb of Olivette. Keeley Properties and KEAT Properties are developing Olive Crossing, a mixed-use project spanning 14.8 acres that is currently home to The Clover luxury apartments and a retail lineup including Aldi, Paris Baguette, Tropical Smoothie Café, Verizon and The Brass Tap. Construction details and the anticipated opening timeline for Texas Roadhouse will be announced as they become available.

August 10, 2026

Arizona Development Retail Western

Safeway Opens 64,000 SF Grocery Store at Mixed-Use Development in Metro Phoenix

by Amy Works August 10, 2026

GILBERT, ARIZ. — Grocer Safeway has opened a 64,000-square-foot store at The Gilmore, a 35-acre mixed-use development by Thompson Thrift that is located in the Phoenix suburb of Gilbert. Safeway will anchor the $225 million project, which is set to feature 300 luxury apartments, a hotel and roughly 200,000 square feet of boutique shopping, dining and public gathering spaces. Additional retail and restaurant tenants will include Better Buzz Coffee, Handel’s Ice Cream, Jersey Mike’s, Nook Kitchen, Over Easy, EDO Japan, Rebel Wine Lounge, Phantom Fox Brewery, Outcast Doughnuts, Level 1 Arcade Bar, Sweathouz and Honey Go Nails. Retail spaces at The Gilmore are expected to begin opening in late 2026, while residential move-ins and the overall project rollout will stretch into early 2027.

August 10, 2026

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