Development

FRP Development Delivers 170,800 SF Industrial Project in Hamilton, New Jersey

by Taylor Williams September 28, 2026

HAMILTON, N.J. — FRP Development Corp., a subsidiary of FRP Holdings (NYSE: FRPH) has delivered Logistics Center at Hamilton, a 170,800-square-foot industrial project in Central New Jersey. The site spans 15 acres at the intersection of I-195 and Route 130, and the building features a clear height of 36 feet, 27 dock-high loading doors, two drive-in doors, 3,000 square feet of office space and parking for 185 cars and 27 trailers. FRP developed the project in a joint venture with global real estate manager DWS. KBC Advisors is the leasing agent.

September 28, 2026

Acquisitions Development New York Northeast

Charney Cos. Buys 100,000 SF Commercial Building in Brooklyn, Plans Redevelopment

by Taylor Williams September 28, 2026

NEW YORK CITY — Charney Cos. has purchased a 100,000-square-foot commercial building in Brooklyn’s Williamsburg neighborhood for $20 million with plans to implement a redevelopment. The building at 143 Roebling St., which was vacant at the time of sale, was originally constructed in 1907 and has at times featured retail and residential uses. Ethan Stanton, Brendan Maddigan and Michael Mazzara of JLL represented the seller, Los Angeles-based Calmwater Capital, in the transaction. BH3 Fund Advisors provided acquisition financing for the deal. Charney Cos. did not disclose specific plans for the redevelopment.

September 28, 2026

Colorado Development Multifamily Western

Grand Peak, Silverton Break Ground on 164-Unit Mixed-Income Community in Avon, Colorado

by Amy Works September 28, 2026

AVON, COLO. — Denver-based developer Grand Peak, in partnership with Silverton Holdings, a Braselton, Ga.-based developer specializing in hospitality projects, has broken ground on The Summit. The 164-unit community is situated in Avon, approximately 106 miles west of Denver and about 10 miles west of Vail. Civitas Capital Group provided an undisclosed sum of construction financing for the project, which will include 16 workforce housing units reserved for tenants earning no more than 100 percent of the area median income. Amenities will include a fitness center, game room, dedicated ski and gear storage, three hot tubs, outdoor courtyards and lounge areas, remote work office space and an underground heated parking garage. Completion is slated for 2029.

September 28, 2026

Development Hospitality Midwest Missouri Retail

Negro Leagues Baseball Museum, Grayson Capital Announce Construction Team for New Museum, Hotel in Kansas City

by Kristin Harlow September 28, 2026

KANSAS CITY, MO. — The Negro Leagues Baseball Museum and Grayson Capital have announced Russell Construction, in partnership with Vazquez Grayson, as the construction team for the new Negro Leagues Baseball Museum and The Pennant Hotel planned for Kansas City’s historic 18th & Vine District. The development involves a new 35,000-square-foot museum and 144-room hotel that will be a Marriott Tribute Portfolio property. Additional information regarding the project and construction schedule will be announced as the development advances. Reggie Jackson, National Baseball Hall of Famer who started his career with the Kansas City Athletics in 1967, is a partner on the project. He is serving as an equity partner and cultural ambassador for The Pennant Hotel. The Negro Leagues Baseball Museum is the world’s only museum dedicated to preserving and celebrating the history of African American baseball and its impact on the social advancement of America. Grayson Capital is a Kansas City-based real estate investment and development firm focused on hospitality, multifamily, healthcare and mixed-use projects.

September 28, 2026

Build-to-Rent Development Midwest Ohio Single-Family Rental

Onyx+East Opens 23-Unit Build-to-Rent Community in Columbus, Ohio

by Kristin Harlow September 28, 2026

COLUMBUS, OHIO — Onyx+East has opened Haven, a 23-unit build-to-rent community in the Upper Arlington area of Columbus. Five homes are available for immediate move-in, with an additional home expected this month. The four-bedroom units offer more than 2,000 square feet of living space. The first four renters are eligible for a “Founders Special,” receiving one month of free rent. Each Haven home features an attached two-car garage, private driveway, fenced backyard, outdoor patio and covered front porch. Professional lawn care and snow removal is included.

September 28, 2026

Development Illinois Midwest Retail

Fortec Converts Former Ambulance Facility into $5M Early Education Center in Metro Chicago

by Kristin Harlow September 28, 2026

VERNON HILLS, ILL. — Fortec has opened The Nest Schools-Vernon Hills. The $5 million project involved the acquisition and redevelopment of a former ambulance warehouse in Vernon Hills, a northern suburb of Chicago. The new early education center will serve up to 209 students and create 35 jobs in the Lake County community. Fortec acquired the property for $1.7 million in September 2025 and invested roughly $3 million in construction, along with $300,000 in closing and due diligence costs. The redevelopment involved a comprehensive interior reconfiguration designed specifically for childcare use. The school features 11 age-grouped classrooms, a new 11,834-square-foot outdoor playground featuring K-Play equipment and dedicated play surfaces for active learning and recreation. The project also included replacement of the building’s core systems, including new high-efficiency HVAC, electrical and irrigation systems, water-efficient plumbing and underground drainage upgrades. Safety enhancements involved a new fire alarm system and sprinkler system as well as upgraded access control security infrastructure. The project represents Fortec’s fourth collaboration with The Nest Schools, an early childhood education provider with more than 50 locations nationwide.

September 28, 2026

Acquisitions Development Industrial Texas

Partnership Acquires Shuttered Mall in North Houston, Plans $150M Industrial Redevelopment

by Taylor Williams September 25, 2026

HOUSTON — A partnership between Dallas-based Lincoln Property Co. (LPC) and New York Life Investment Management has acquired a shuttered mall in North Houston with plans to implement a $150 million industrial redevelopment. Greenspoint Mall first opened in the mid-1970s at the northeast corner of I-45 and Beltway 8 and closed about two years ago. The partnership plans to demolish the mall in the coming days and redevelop the 80-acre site with 1.2 million square feet of cross-dock and rear-load industrial buildings, along with retail and service uses. The new development, which will be known as CityNorth Industrial Park, is expected to be complete in early 2028. Powers Brown Architecture is the project architect. Kimley-Horn is the civil engineer, and E.E. Reed Construction is the general contractor. Warren Hitchcock of Northmarq advised LPC on the joint venture partnership with New York Life.

September 25, 2026

161-Concord-Road-Billerica-Massachusetts

Development Life Sciences Massachusetts Northeast

Berkeley Garbe Underway on 150,000 SF Life Sciences Project in Billerica, Massachusetts

by Taylor Williams September 25, 2026

BILLERICA, MASS. —Berkeley Garbe, a Boston-based developer that is a joint venture between Berkeley Investments and German real estate company GARBE, is underway on construction of a 150,000-square-foot life sciences project in Billerica, located northwest of the state capital. The site spans 23 acres at 161 Concord Road, and the new building will support manufacturers in industries such as aerospace, robotics, medical devices, semiconductors, computer hardware and battery technologies. Building features will include a clear height of 28 feet and 264 car parking spaces. Avison Young is the leasing agent for the project, which is expected to be complete next spring.

September 25, 2026

Development Multifamily New York Northeast

Skyline Developers Completes 97-Unit Apartment Building in Midtown Manhattan

by Taylor Williams September 25, 2026

NEW YORK CITY — New York City-based Skyline Developers has completed a 97-unit apartment building at 18 W. 55th St. in Midtown Manhattan. Designed by Morris Adjmi Architects, the 25-story building is known as 18W55 and features studio, one-, two- and three-bedroom floor plans, as well as 5,265 square feet of retail space. Amenities include a fitness and wellness center, coworking suite with private meeting rooms, a private cinema, golf simulator and entertainment suite and a social lounge. Construction began in mid-2023 and topped out in summer 2024. Leasing launched about nine months ago, and the building is now fully occupied.

September 25, 2026

Company News Development Georgia Healthcare Southeast

Piedmont Healthcare to Invest $600M to Relocate Hospital in Covington, Georgia

by Abby Cox September 25, 2026

COVINGTON, GA. — Piedmont Healthcare has filed a Letter of Determination with the Georgia Department of Community Health whereby the health system plans to invest nearly $600 million to relocate Piedmont Newton Hospital to a new site located directly off I-20. The current Newton County hospital is roughly two miles closer to the heart of Covington. Piedmont Healthcare is fully funding the project. Originally opened in 1954 as Newton Medical Center, the existing hospital is licensed for 128 beds. Piedmont partnered with Newton Medical Center to form Piedmont Newton in 2015. Piedmont says that the existing hospital is limited by its age and its landlocked site, whereas the planned relocation facility will facilitate modernization efforts. If approved, the new hospital would be Piedmont’s second-largest capital investment after the Marcus Tower that opened on its Piedmont Atlanta Hospital campus in 2020, according to the company.

September 25, 2026

Newer Posts

Older Posts