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Caroline-at-Rogers-Ranch-San-Antonio
DevelopmentMultifamilyTexas

Partnership Nears Completion of 351-Unit Mixed-Income Residential Project in North San Antonio

by Taylor Williams

SAN ANTONIO — A partnership between Bitterblue Inc., Morgan Group and the San Antonio Housing Trust is nearing completion of Caroline at Rogers Ranch, a 351-unit mixed-income residential project located on the north side of San Antonio. Units come in one-, two- and three-bedroom floor plans, with 176 residences reserved for households earning between 60 and 80 percent of the area median income. Amenities include a pool, fitness center, business center, resident clubhouse and a game lawn. Davies Collaborative designed the project. Construction began in early 2022, and the first residents have begun moving in over the past several months. Full completion is slated for later this year. Rents start at $1,250 per month for a one-bedroom market-rate apartment.

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Celeste-South-San-Francisco-CA.jpg
CaliforniaDevelopmentMultifamilyWestern

Sares Regis Opens 195-Unit Celeste Multifamily Community in South San Francisco

by Amy Works

SOUTH SAN FRANCISCO, CALIF. — Sares Regis Group of Northern California has completed the construction of Celeste, a ground-up residential development in downtown South San Francisco. Located at 401 Cypress Ave., the eight-story building offers 195 apartments, an onsite leasing center, a fitness loft and secure electric vehicle parking. Sares is pursuing LEED Silver certification for the development. BDE Architecture served as architect of record for Celeste.

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Gateway-Quads-Mesa-AZ
ArizonaDevelopmentIndustrialRetailWestern

Sun State Builders Completes 122,780 SF Gateway Quads Industrial Center in Mesa, Arizona

by Amy Works

MESA, ARIZ. — Tempe-based Sun State Builders, on behalf of Greenwood and McKenzie Real Estate Investments, has completed Gateway Quads, a $17 million, 122,780-square-foot industrial center in Mesa. Situated on 10 acres on East Germann Road and South 18th Street, Gateway Quads features four 30,6800-square-foot industrial and retail buildings, which are divisible to 7,600 square feet. The buildings offer 24-foot ceilings and multiple truck loading areas. Winston Architects worked on the project, with construction beginning in August 2023.

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DevelopmentOfficeTexas

Howard Hughes Holdings Breaks Ground on 49,000 SF Mass Timber Office Project in Northwest Houston

by Taylor Williams

HOUSTON — Howard Hughes Holdings Inc. (NYSE: HHH) has broken ground on One Bridgeland Green, a 49,000-square-foot, mass timber office project in northwest Houston. The site is located within the 925-acre Bridgeland master-planned development. The design team includes San Antonio-based Lake Flato and Houston-based Kirksey Architecture. Tellepsen is the general contractor for the project, which is slated for a summer 2025 delivery. JLL has been tapped as the leasing agent.

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DXD-Self-Storage-Facility-Maui-HI
DevelopmentHawaiiIndustrialSelf-StorageWestern

DXD Capital Breaks Ground on 48,720 SF Self-Storage Facility in Maui, Hawaii

by Amy Works

MAUI, HAWAII — DXD Capital has broken ground on a Class A self-storage facility in Maui. The 45,863-square-foot property will offer 357 individual storage units within the Maui Research & Technology Park in the Kihei area. The facility will feature drive-up, non-climate-controlled units. DXD plans to open the facility in the first quarter of 2025. RYCON will serve as general contractor, and American Savings Bank is the construction lender. Extra Space will manage the facility upon completion. DXD acquired the site in April 2023 through its second fund, DXD Self Storage Fund II, which launched in June 2022. The fund has since invested in seven self-storage developments and one seven-facility portfolio acquisition across the United States.

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DevelopmentIndustrialKansasMidwest

CJ Logistics America to Build 291,000 SF Cold Storage Warehouse in Metro Kansas City

by Kristin Harlow

NEW CENTURY, KAN. — CJ Logistics America, a supply chain and technology company, has unveiled plans to build a new cold storage warehouse in New Century, about 30 miles outside of Kansas City. Developed in a joint venture with Yukon Real Estate Partners and BGO, the rail-served project will consist of a 291,000-square-foot warehouse with refrigeration. Completion is slated for the third quarter of 2025. The new warehouse will be attached to Upfield’s production plant through an above-ground conveyor bridge being constructed by Upfield, which is a plant-based food company that produces brands such as Country Crock, I Can’t Believe It’s Not Butter and Imperial. There will be 100,000 square feet available at the project for other tenants.

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Austin-Hills-Commerce-Center
DevelopmentIndustrialTexas

Sansone Group, Principal Break Ground on 134-Acre Industrial Project in Austin

by Taylor Williams

AUSTIN, TEXAS — A partnership between St. Louis-based developer Sansone Group and Principal Asset Management has broken ground on Austin Hills Commerce Center, a 134-acre industrial project. The site is located 10 miles south of downtown Austin near the Tesla Gigafactory, and plans for the development call for six buildings totaling roughly 1.3 million square feet. Burton Construction is the general contractor for the project, and Stream Realty Partners has been appointed as the leasing agent. Austin Hills Commerce Center will be developed in phases, and Phase I will consist of three buildings totaling 538,000 square feet that are slated for a second-quarter 2025 delivery.

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EpicCentral-Hotels-Grand-Prairie
DevelopmentHospitalityTexas

City of Grand Prairie Completes Two Hilton-Branded Hotels, Convention Center

by Taylor Williams

GRAND PRAIRIE, TEXAS — The City of Grand Prairie, located roughly midway between Dallas and Fort Worth, has completed construction of two connecting Hilton-branded hotels totaling 276 rooms, as well as a new convention center. The 147-room Homewood Suites and 129-room Hilton Garden Inn are located within the 172-acre EpicCentral entertainment district and share a dual arrival lobby, reception area, lounge, bar and elevator lobby. Merriman Anderson Architects designed the properties, and Arch-Con Corp. served as the general contractor. Concord Hospitality will operate the hotels.

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DevelopmentMarylandRetailSoutheast

MCB, Generation Properties Break Ground on 110,000 SF Shopping Center in Prince Frederick, Maryland

by John Nelson

PRINCE FREDERICK, MD. — MCB Real Estate and Generation Properties have broken ground on Armory Square, a 110,000-square-foot shopping center located at 429 Solomons Island Road in Prince Frederick, about 44 miles southeast of Washington, D.C. The retail center is situated on a 12.5-acre site in Calvert County that once housed Calvert Middle School. Armory Square’s tenant roster will include Aldi, Michaels, Sneade’s Ace Home Center, Dash-In, First Watch, Jersey Mike’s, Hangry Joe’s, Always Ice Cream, Foster’s Grille and Quickway Hibachi. The target completion date was not disclosed. In addition to Armory Square, MCB and Generation Properties broke ground earlier this month on The Shops at Fairway Village, a $115 million mixed-use development in Waldorf, Md.

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AcquisitionsDevelopmentMichiganMidwestRetail

Detroit City FC Acquires Former Southwest Detroit Hospital Site, Plans to Build New Stadium

by Kristin Harlow

DETROIT — Detroit City Football Club (FC) has acquired the site of the former Southwest Detroit Hospital at the corner of Michigan Avenue and 20th Street for an undisclosed price. The organization plans to build a new stadium that will serve as the permanent home for soccer in Detroit, with a goal of opening a new soccer-specific stadium by the club’s 2027 season. Southwest Detroit Hospital opened in 1973 as the first Detroit hospital to hire and accredit African American doctors and nurses. The hospital existed for 17 years before closing in 1991 and declaring bankruptcy. The building has been abandoned for 18 years. Detroit City FC games are currently played at Keyworth Stadium in Hamtramck, about five miles north of downtown Detroit. The club will reveal more details around the stadium vision and programming after further consultation with city officials, local residents and long-time fans. A public engagement process is anticipated to kick off later this year.

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