Development

Rowan-on-the-Trails-Houston

HOUSTON — Locally based developer McNair Interests has begun leasing Rowan on the Trails, a 221-unit apartment complex in Houston’s Westchase District. The project is part of a larger development, the first phase of which features the 330-unit Remy on the Trails. Residences come in studio, one-, two- and three-bedroom floor plans and range in size from 900 to 1,500 square feet. Amenities include a pool, fitness center, coworking spaces, clubroom and walking trails. Rents start at $1,650 per month for a studio apartment. Construction began in July 2023.

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BOSTON — Locally based development and investment firm The Davis Cos. has begun leasing Hew at 1515, a 150-unit apartment building in Boston’s Brighton neighborhood. Designed by RODE Architects, the seven-story building is part of a larger complex at 1515 Commonwealth Ave. that includes a 102-unit condo building. Units come in studio, one-, two- and three-bedroom floor plans. Amenities include a clubroom with a catering kitchen, fitness center, rooftop terrace and bar, coworking spaces, a multi-sport simulator and a pet spa. The first move-ins will begin this summer. Rents start at $2,770 per month for a studio apartment.

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KIRKWOOD, MO. — Brinkmann Constructors has completed a 35,000-square-foot Audi dealership for Semersky Enterprises, a Chicago-based automobile retailer. The two-story property is located in Kirkwood, a western suburb of St. Louis. The project features a lower-level service drive, 18-bay service shop and second-story showroom. Brinkmann’s scope of work included the civil, landscaping and mechanical, engineering and plumbing design-build services in addition to the furniture, fixtures, signage and automotive equipment. Charles Vincent George Architects served as the project architect.

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Notch66-Longmont-CO

LONGMONT, COLO. — Thompson Thrift has opened Notch66, a multifamily community in Longmont, a suburb of Boulder. The community is already 30 percent leased. Sitting on 18.4 acres at 2514 Main St., Notch66 features 336 one-, two- and three-bedroom garden-style apartments. Each apartment includes quartz countertops, stainless steel appliances, tile backsplashes, walk-in closets, hardwood-style flooring and full-size washers/dryers. Some apartments also include detached garages and private yards. Community amenities include a 24-hour fitness center, clubhouse, resort-style swimming pool and dog park.

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LAREDO, TEXAS — SE Legacy Development LLC, a development firm founded by the Walker Family, has broken ground on a $7.4 billion master-planned project in South Texas. The development, named Talise, will be situated on 13,000 acres north of Laredo in an unincorporated portion of Webb County. Situated at the intersection of I-35, U.S. Highway 83 and Texas Highway 255, Talise will feature thousands of single-family and multifamily residences, an industrial and manufacturing park, town center retail space, regional airport and a newly discovered water source. The name Talise is a term with Native American-Iroquoian roots meaning “lovely water.” The Walker Family, a multi-generational entity that has owned ranch land spanning more than 250,000 acres over the course of its history, owns the land for Talise and is investing $1.6 billion in the development. The Walker Family discovered the water source on the land and is proposing a way to use the resource as an alternative solution to current water shortages in Laredo and Webb County. The newly established Legacy Water Supply Corp. is proposing a method to treat 50 million gallons of water within the Talise land holdings daily. SE Legacy Development is drilling 40 water wells to access …

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Caroline-at-Rogers-Ranch-San-Antonio

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

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

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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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

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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