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Gold-Dust-Ave-Apts-Scottsdale-AZ
ArizonaDevelopmentMultifamilyWestern

Wespac Residential to Develop 215-Unit Multifamily Project in Scottsdale, Arizona

by Amy Works

SCOTTSDALE, ARIZ. — Wespac Residential, a division of Wespac Construction, is developing an apartment community at the southwest corner of Scottsdale Road and Gold Dust Avenue in Scottsdale. Situated on 4.7 acres, the property will feature 215 one- and two-bedroom units, 10,000 square feet of indoor amenities and 20,746 square feet of outdoor amenity space, including underground parking, a landscaped community space, and pool and spa area, as well as yoga space and a fitness center. Construction is slated to start in early 2027.

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DevelopmentIllinoisLoansMidwestMultifamily

Waterton Provides $16M Preferred Equity Investment for Multifamily Project in Aurora, Illinois

by Kristin Harlow

AURORA, ILL. — Waterton has provided a $16 million preferred equity investment for the development of the Residences at Eastbank, a 258-unit apartment complex in downtown Aurora. Chicago-based DAC Developments is developing the five-story project with additional support from the City of Aurora. Geneva Capital Group arranged the financing and also provided a $45 million senior loan for the development on behalf of its bank syndication program. Construction began in May and is slated for completion in 2026. The Residences at Eastbank is situated on the eastern edge of the Fox River adjacent to Aurora Transportation Center with Metra service to downtown Chicago. The property will include a mix of studios, one-, two- and three-bedroom residences. Amenities will include an outdoor atrium with a resort-style pool, fitness center, outdoor seating and an indoor parking garage.

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Affordable HousingDevelopmentIllinoisMidwestMultifamilySeniors Housing

Skender Breaks Ground on 147-Unit Supportive Living Development in Deerfield, Illinois

by Kristin Harlow

DEERFIELD, ILL. — Skender has broken ground on Deerfield Supportive Living, a 147-unit supportive living development in the Chicago suburb of Deerfield. Developed by Celadon Partners, the four-story building will offer affordable senior living apartments at 1101 Lake Cook Road. The project will feature dining rooms, space for private dining and events, activity rooms, a library, salon and general store. Slated for completion in mid-2026, the project is pursuing Enterprise Green Communities Building certification, which was developed to align affordable housing investment strategies with environmentally friendly building practices. Deerfield Supportive Living will feature eco-friendly paint, coatings, plumbing fixtures, lighting, heating equipment and appliances. The project team includes Assemble Design Workshop as architect and SAS Architects & Planners as interior designer.

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DevelopmentIllinoisIndustrialMidwest

Range Group, HSA Commercial to Build Two Small-Bay Warehouses on Chicago’s Near West Side

by Kristin Harlow

CHICAGO — Chicago-based developers Range Group and HSA Commercial have acquired two adjacent parcels totaling 2.3 acres within the Kinzie Planned Manufacturing District on Chicago’s Near West Side. The firms plan to develop a pair of 35,000-square-foot small-bay warehouses on the sites, located at 2519 W. Fulton Ave. and 2520 W. Lake St. Developed on a speculative basis, the warehouses will be able to accommodate multiple tenants or a single user and will offer a clear height of 28 feet, individual drive-in doors, drive-in docks capable of accommodating 40-foot trucks and secured auto parking. Demolition of existing structures on the parcels is expected to begin this spring, with construction of the new buildings being completed by early next year. Chicago-based ARCO/Murray is the design-build general contractor. Larry Goldwasser and Matt Cowie of CBRE are the leasing agents.

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DevelopmentFeaturesGeorgiaSoutheastStudent Housing

Student Housing Interior Designers, Developers Weigh In on What’s Hot and What’s Not

by John Nelson

As the student housing sector readies for a new generation of students to enter campuses — Generation Alpha — a few of the ‘tried and true’ amenity spaces that were hot with millennials or Gen Z have fallen by the wayside. Golf simulators, movie theaters and bohemian styling with baskets and lots of greenery are just a few of the once popular design choices that are now on the outs, according to Lucy Harrison, brand marketing manager with SouthPark Interiors.   Gone, too, are the days of designing one ‘Instagramable’ moment for your building and calling it a day, says Chelsea Kloss, executive vice president of design and curation with LV Collective. “Students want to live in a building that is beautiful and inspiring from all angles — not just with one space built for ‘the gram,’” she says. “They want not only to capture more organic content to share, but to experience it real-time. As designers, that challenges us to push the envelope on experiential design and the importance of finishing all aspects of a built environment.” Students’ desires for their fitness and wellness spaces have also seen a shift over the past few years, according to Kloss. “Designing …

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DevelopmentMultifamilySoutheastTennessee

Crescent Communities Breaks Ground on 309-Unit Multifamily Community in Murfreesboro, Tennessee

by John Nelson

MURFREESBORO, TENN. — Crescent Communities has broken ground on RENDER Manchester Farm, a 309-unit apartment community located on a 35-acre farm in the Middle Tennessee city of Murfreesboro. The Charlotte-based developer expects to open first units in summer 2026. Situated 30 miles south of Nashville, RENDER Manchester Farm will feature a mix of one-, two- and three-bedroom units, as well as rural-centric amenities including a functioning farm, garden, fully stocked toolshed and a clubhouse with a front porch and swings. Other amenities will include a pool area with a smoker, fire pit and picnic tables, as well as a dog park and a fitness center with a yoga studio. The design-build team includes Crescent Communities Construction, Dwell Design Studio, Edge and Huddleston-Steele Engineering. Capital partners include ParkProperty Capital, BOK Financial and Cadence Bank.

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DevelopmentFloridaLoansMultifamilySoutheast

Encore Multifamily Obtains $48.7M HUD-Insured Loan for Fort Myers Development

by John Nelson

FORT MYERS, FLA. — Encore Multifamily, a division of Dallas-based Encore Enterprises, has obtained a $48.7 million HUD 221(d)(4) loan for the construction of a new apartment development in Fort Myers. The project, known as Encore Daniel Falls, will comprise 240 Class A apartments and be situated on 6.7 acres near I-75 and South Florida International Airport. Encore Multifamily broke ground on the development in December and expects to deliver the community by third-quarter 2026. Upon completion, Encore Daniels Falls will feature studio, one-, two- and three-bedroom units, as well as a clubhouse, fitness center, business center, pool, dog park and a 24-hour package room.

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Pique-Student-Apts-Berkeley-CA
CaliforniaDevelopmentMultifamilyStudent HousingWestern

Gilbane Begins Development of 485-Bed Student Housing Community Near UC Berkeley

by Amy Works

BERKELEY, CALIF. — Gilbane Development Co. has broken ground on Pique, a 485-bed student housing project located at 2587 Telegraph Ave. near the University of California (UC) Berkeley campus. The eight-story community will offer 52 units with bed-to-bath parity. Shared amenities will include an indoor and outdoor fitness center and yoga studio, outdoor study space, a cabana area, two rooftop decks, a coworking lounge, smart food lockers, private study pods and 2,900 square feet of ground-floor retail space. The project will begin leasing in fall 2025 with occupancy scheduled for summer 2026. The development site was formerly occupied by retailer Buffalo Exchange. “We are focused on making every inch count with efficiency, privacy and functionality at the core of the design, driving innovation that caters to the needs of Berkeley students at an affordable price point,” says Christian Cerria, development director with Gilbane.

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CapRock-West-202-Logitsics-Ph2-Phoenix-AZ
ArizonaDevelopmentIndustrialWestern

CapRock Partners Breaks Ground on 825,000 SF Spec Industrial Project in Phoenix

by Amy Works

PHOENIX — CapRock Partners has broken ground on CapRock West 202 Logistics Phase II, the 820,000-square-foot final phase of a speculative industrial development on 43 acres in southwest Phoenix. Sitework began in January on Phase II with project completion slated for November. Upon completion, CapRock West 202 Logistics Phase II will feature a 301,771-square-foot Building F, 295,586-square-foot Building G and 227,107-square-foot Building H. The properties will offer clear heights ranging from 32 feet to 36 feet. Buildings F and G will feature 47 dock-high doors, and Building H will include 45 dock-high doors. All Phase II buildings will feature four drive-in ramp doors and speculative office suites, R-38 warehouse roofs, R-11 warehouse wall insulation, full-building HVAC, LED lighting in the warehouse, dock-high load levelers and ample parking. Payson MacWilliam and Don MacWilliam of Colliers are handling leasing efforts for CapRock West 202 Logistics. At total project completion, CapRock West 202 Logistics will consist of 3.4 million square feet of Class A industrial warehouse space on 183 acres. CapRock completed Phase I, which includes approximately 2.5 million square feet of Class A industrial warehouse space across five buildings on 140 acres, in July 2023.

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Parts-Town-Fulfillment-Center-Glendale-AZ
ArizonaDevelopmentIndustrialWestern

Stevens-Leinweber Delivers 420,536 SF Global Fulfillment Center for Parts Town in Glendale, Arizona

by Amy Works

GLENDALE, ARIZ. — Phoenix-based Stevens-Leinweber Construction has completed the Global Fulfillment Center, within C|303 industrial park in Glendale, for Illinois-based Parts Town Unlimited. The new facility is Parts Town’s first location in the Southwest and its largest and most technologically advanced U.S. fulfillment center to date. Parts Town works in the high-tech distribution of original equipment manufacturer (OEM) foodservice equipment parts, residential appliance parts, HVAC parts, consumer electronic parts and related products. Global Fulfillment Center spans 420,536 square feet, occupying all of Building B at C|303 Phase I, a 1.7 million-square-foot industrial development by Merit Partners. The Parts Town facility features a 30,000-square-foot robotic Autostore system, a 42,000-square-foot mezzanine system, expanded battery charging capabilities for 24 forklifts, an automated material handling conveyor system running throughout the warehouse and two trucker’s lounges with dedicated restrooms. C|303 Phase I was designed and constructed by SLC and Butler Design Group as a speculative three-building development. Each building features a clear height of 40 feet, 20 dock-high and drive-in ramp doors, up to 70-foot speed bats, 8-inch reinforced floors and secured and expansive parking for autos and trailers. Additionally, all buildings offer LED lighting, insulated systems to maximize heating and cooling efficiencies and are Foreign …

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