NEW YORK CITY — A partnership between locally based developer Foxy Management, social services firm HANAC Inc. and JLD Advisory LLC has completed Garden Towers, a 149-unit affordable seniors housing project in the Morrisania neighborhood of The Bronx. Garden Towers consists of two midrise buildings that house 109 studios and 40 one-bedroom units. All residences are reserved for renters earning 50 percent or less of the area median income, and 30 percent of the units are designated for formerly homeless individuals. Amenities include multipurpose rooms, a social services suite, computer room and onsite laundry facilities. Newman Design served as the project architect, and Lendlease provided construction management services.
Development
LEE, MASS. — MassHousing has provided $5.8 million in financing for an affordable housing redevelopment project in the western Massachusetts city of Lee. The project will convert the two historic former Eagle Mill buildings, which were originally constructed in 1808 and closed in 2008, into a 56-unit complex with commercial space. Units will feature a range of floor plans and income restrictions. The developer is a partnership between Rees-Larkin Development LLC and Berkshire Housing Development Corp.
ATLANTA — GID has welcomed the first residents at Windsor Brompton and Windsor Avery, two apartment communities underway within the $2 billion High Street mixed-use development in Atlanta. Located in the city’s Central Perimeter submarket, the two apartment communities total 598 units. Windsor Communities, GID’s property management division, operates both properties. More than 100 leases have been signed at the communities prior to delivery. Apartments at Windsor Brompton and Windsor Avery come in 16 different floor plans comprising studio, one-bedroom and two-bedroom configurations. Monthly rental rates start at $1,538, according to the property website. Amenities include a fitness and yoga studio, pool and sundeck, catering kitchen and private dining room, coworking spaces, an outdoor dog run and dog wash, outdoor gaming lawn, bike lounge and a bike repair station. Residents will also have direct access to High Street’s lineup of shops and restaurants, which will include Puttshack, Jaguar Bolera, Nando’s PERi-PERi, Velvet Taco, Allen Edmonds, Skin Spirit, The Hampton Social, Agave Bandido, Cuddlefish, Ben & Jerry’s and Sugar Coat.
Remedy Medical, Kayne Anderson Break Ground on 130,000 SF Medical Office Building in Lynchburg, Virginia
by John Nelson
LYNCHBURG, VA. — A partnership between Remedy Medical Properties and Kayne Anderson Real Estate has broken ground on Centra Langhorne Medical Center, a new 130,000-square-foot medical office building located at 2125 Langhorne Road in Lynchburg. The facility will be located near Centra Lynchburg General Hospital, which is about 70 miles southwest of Charlottesville, Va. The medical office building will be fully leased to Centra Health upon completion, which is slated for late 2025. The design-build team includes Haskell Architecture and Engineering Inc., civil engineer Hurt & Proffitt Inc., structural engineer O’Donnell & Naccarato Inc. and general contractor Robins and Morton.
BRASELTON, GA. — Branch Properties, an Atlanta-based shopping center development firm, has acquired land in Braselton for the development of a Publix-anchored shopping center. Dubbed Braselton Village, the 70,987-square-foot retail center will be located at the intersection of Old Winder Highway and the newly constructed Braselton Village Parkway, about 50 miles northeast of Atlanta. Branch Properties expects to deliver the property, which will feature 22,600 square feet of inline retail space in addition to the Publix grocery store, in second-quarter 2025. In addition to Braselton Village, Branch Properties is also developing or recently delivered four other Publix-anchored centers in the Southeast: Triple Crown Shopping Center in Richwood, Ky.; One Nexton in Summerville, S.C.; Limestone Marketplace in Gainesville, Ga.; and the recently completed Summerhill Station in Atlanta.
DENTON, TEXAS — Mississippi-based REIT EastGroup Properties has broken ground on a 244,000-square-foot, two-building industrial project in the North Texas city of Denton. Denton Exchange 35 will consist of a 114,000-square-foot building that is subdividable to 20,000 square feet and a 130,000-square-foot building that is subdividable to 40,000 square feet. Combined, the buildings will feature 53 dock-high-doors and parking for 239 cars and 34 trailers, with expansion capabilities for trailer parking at both facilities. Project partners include Alliance Architects, GMcivil, Rosenberger Construction and Stream Realty Partners as the leasing agent. A tentative delivery date was not disclosed.
CHICAGO — A joint venture between Mavrek Development, Double Eagle Development, Luxury Living and GW Properties has opened The Saint Grand, a 248-unit luxury apartment complex in Chicago’s Streeterville neighborhood. In addition to the apartment units, the project includes 45,000 square feet of office space and 8,000 square feet of street-level retail space. The first residents began moving in last month. Amenities include a fitness center, coworking spaces, lounges and a rooftop pool deck that is scheduled to open in May. The project team included architecture firm NORR, general contractor Lendlease and interior designer Harken Interiors. Cushman & Wakefield is handling residential and commercial property management.
WELDON SPRING, MO. — New Perspective is nearing completion of a new senior living community in Weldon Spring, about 30 miles west of St. Louis. A leasing office is now open at the property, which is scheduled for completion this summer. The community will offer independent living, assisted living and memory care services. The number of units was not provided.
WESTFIELD, MASS. — A partnership between two developers, Massachusetts-based WinStanley Enterprises and Kansas City-based NorthPoint Development, will build a 524,000-square-foot industrial project in Westfield, located outside of Springfield in the western part of Massachusetts. The 126-acre site of the project, which will be known as Falcon Landing, is adjacent to Westfield-Barnes Regional Airport and can support parking for 362 cars and 322 trailers. Infrastructural improvements to the site are underway, and a precise construction timeline is still being finalized.
SALEM, N.H. — Regional developer The Dolben Co. has completed Caro Tuscan Village, a 260-unit multifamily project in Salem, New Hampshire. The site spans 7.7 acres within Tuscan Village, a mixed-use destination that is a redevelopment of the former Rockingham Park horseracing complex. Units come in studio, one-, two- and three-bedroom floor plans, and amenities include a pool, fitness center, conference room, clubroom and outdoor grilling and dining stations. Boston-based HDS Architecture designed the project, and Pilot Construction served as the general contractor.