EVANSTON, ILL. — Summit Design + Build has completed construction of Tapestry Station, a 120-unit luxury apartment complex located at 740 W. Main St. in Evanston. The five-story property features ground-floor commercial space. Amenities include a rooftop deck, fitness center, heated parking and coworking space. Located on the site of the former Vogue Fabrics, Tapestry Station is situated next to a Metra Line station. City Pads and Catapult Real Estate Group served as the project developers and Built From was the architect. According to the property website, a grand opening special puts monthly rents starting at $1,495.
Development
Wespac Construction Breaks Ground on XNRGY Climate Systems’ U.S. Headquarters in Mesa, Arizona
by Amy Works
MESA, ARIZ. — Wespac Construction has broken ground on the new U.S. headquarters and manufacturing facility for XNRGY Climate Systems at Gateway East at Phoenix-Mesa Gateway Airport in Mesa. The new facility will serve as the U.S. headquarters for XNRGY’s HVAC and climate control solutions. The 275,000-square-foot first phase is part of a four-phase development plan that will eventually include 1 million square feet of sustainable manufacturing space. Located within Gateway East, a master-planned development on the east side of Phoenix-Mesa Gateway Airport, the site offers connectivity with direct access to major transportation routes, including Loop 202 and State Route 24, as well as nearby connections to Ray, Ellsworth and Pecos roads. Project stakeholders include The Boyer Co., Gensler, Dibble Engineering, Caruso Turley Scott and IMEG.
Echo Real Estate Capital, LGE Complete 676,176 SF Industrial Project in Glendale, Arizona
by Amy Works
GLENDALE, ARIZ. — Echo Real Estate Capital and LGE Design Build have completed Echo Park 303, a two-building industrial project near the intersection of Northern Parkway and Reems Road in Glendale, a suburb of Phoenix. Totaling 676,176 square feet, Echo Park 303 includes 220,240-square-foot Building A and 455,936-square-foot Building B. Situated on 40 acres, the site offers ample parking, including 743 parking spaces and gated yards to accommodate nearly 150 trailer spaces. HubStar Logistics signed a lease to occupy the entirety of Building A. Designed and built by LGE, Echo Park 303 features two stories of storefront window systems placed to maximize natural lighting within the lobbies and office spaces located at the corners of the buildings. JLL is handling leasing for the project.
FRISCO, TEXAS — A partnership between Fort Worth-based Wilks Development and the Frisco Economic Development Corp. has unveiled plans for Firefly Park, a 217-acre mixed-use project that will be located on the northern outskirts of Dallas. The site at the intersection of U.S. Highway 380 and the Dallas North Tollway sits at the gateway to the PGA of America’s headquarters campus. Preliminary plans call for 3 million square feet of Class A office space, 400,000 square feet of upscale retail, dining and entertainment space, 1,200 hotel rooms, 230 townhomes and 1,970 mid-rise and high-rise residential units. Firefly Park will also feature a 45-acre park with multiple lakes, hiking trails, public art installations and family-friendly amenities. The first phase of the development will center on construction of the Dream Hotel, 650,000 square feet of Class A offices, upscale dining and shopping space and the 45-acre park. Construction is scheduled to begin in the coming days, with a formal groundbreaking ceremony to take place in late June.
Tortoise Properties Delivers 264-Unit Luxury Apartment Community in Downtown West Palm Beach
by John Nelson
WEST PALM BEACH, FLA. — Tortoise Properties, a locally based development firm, has delivered Tortoise One, a luxury multifamily development in downtown West Palm Beach. The property comprises two eight-story buildings with 264 apartments, nearly 21,000 square feet of amenities and 3,325 square feet of ground-level retail space. Tortoise One’s floor plans range from studios to two-bedroom units ranging from 548 to 1,053 square feet in size. Monthly rental rates range from $2,506 to $4,629, according to Apartments.com. Tortoise Properties recently received its final temporary certificate of occupancy (TCO) for the project. The project team includes property manager Crown Residential, architect MSA Architects, interior designer Builders Design and general contract Verdex. In summer 2022, Acore Capital provided an $88.5 million construction loan for the project.
LANDIS, N.C. — Jackson-Shaw has broken ground on Landis Ridge, a 1.3 million-square-foot industrial park in Landis, a northeast suburb of Charlotte in Rowan County. The Dallas-based developer plans to deliver the project, its first in the Charlotte area, in two separate phases. Phase I is slated for a second-quarter 2025 delivery and will comprise three buildings totaling nearly 600,000 square feet. Situated on nearly 150 acres at 619 Old Beatty Ford Road, the parcel is located midway between US Route 29 and the new exit 65 on I-85. Jackson-Shaw is developing Landis Ridge on a speculative basis with various uses in mind, including third-party logistics occupiers, e-commerce distribution, consumer goods, warehousing and manufacturing. Jay Hill, Spencer Yorke and Matthew Greer of JLL are leading leasing efforts. Compatriot Capital is Jackson-Shaw’s equity partner for Landis Ridge, and Hartford Investment Management Co. (HIMCO) provided construction debt financing. The design-build team includes general contractor Frampton Construction, civil engineer Orsborn Engineering Group and architect Merriman Schmitt Architects.
HOUSTON — A joint venture between locally based developer Vigavi and Principal Asset Management has broken ground on Westport 45, a 728,080-square-foot industrial project in North Houston. The 42-acre site at 410 West Road is located near the intersection of I-45 and Beltway 8, and the development will feature 40-foot clear heights, speculative office space and 180 trailer parking stalls. Seeberger Architecture is designing the project, and Angler Construction is serving as the general contractor. JLL will market the property for lease. Delivery is slated for early 2025.
TAMPA, FLA. — A joint venture between PCCP LLC and Stonemont Financial Group plans to break ground next month on a 100,620-square-foot speculative industrial facility in Tampa. Called TIA Executive Center, the project will be located at 6101 Johns Road, which is within two miles of Tampa International Airport and immediately north of Executive Industrial Park. The property will offer 32-foot clear heights, spec office suites and will be divisible down to around 33,000 square feet to accommodate smaller users. PCCP and Stonemont Financial plan to deliver TIA Executive Center in first-quarter 2025. The project team includes general contractor Frampton Construction, architect Harley Commercial Architecture and civil engineer Kimley-Horn. JLL will handle leasing on behalf of the co-developers.
BURLESON, TEXAS — Locally based developer Realty Capital Residential has completed Depot on Main, a 275-unit multifamily project in Burleson, located south of Fort Worth. The five-story building is situated adjacent to the city’s Old Town district at 125 N. Main St. Depot on Main offers one- and two-bedroom units ranging in size from 590 to 1,229 square feet. Amenities include a pool with a tanning deck, coworking lounge, coffee bar, rooftop deck and entertainment terrace, dog park, fitness center and outdoor grilling and dining areas. Monthly rental rates range from $1,325 to $2,260, according to Apartments.com. Merriman Anderson Architects designed the project.
SAN ANTONIO — Texas-based restaurant operator Emmer & Rye Hospitality Group has debuted Pullman Market, a 40,000-square-foot food hall within San Antonio’s Pearl District. The culinary destination features four full-service restaurants, fast-casual concepts, an artisan butcher and fishmonger program, various wine and beer selections, Texas-based produce and specialty foods, a seasonal bakery and a fresh pasta program. The four restaurants include Italian concept Fife & Farro, Mexican eatery Mezquite, fine-dining establishment Isidore and dessert bar Nicosi.