FALLS CHURCH, VA. — Trammell Crow Co. (TCC) has signed a 68,000-square-foot lease with The Johns Hopkins Health System Corp. at The Wellness Center at West Falls in Falls Church. The nonprofit will occupy the fourth, fifth and sixth floors of the 126,000-square-foot property. Andy Thau, Conn Curry and Yorke Allen of JLL are leasing and marketing the remainder of The Wellness Center. The LEED Gold-certified, Class A medical office building that has been open and operating since February. Located at 7171 Cardinal Lane, the property offers curbside patient pick-up and drop-off, locker rooms with showers, an amenity bar, bike storage and covered parking. The Wellness Center is part of the larger West Falls mixed-use development by Hoffman & Associates.
LITTLE ELM, TEXAS — Locally based developer Weber & Co. will build a 225,000-square-foot shopping center in Little Elm, located on the northern outskirts of Dallas. Target will anchor the center, which will be known as Bates Town Crossing in honor of the family that originally owned the site. Davidson Bogel Real Estate brokered the sale of the land on behalf of the Bates family and has been retained as the center’s leasing agent. A construction timeline was not announced, but Target plans to open by summer 2026.
NEW YORK CITY — Philadelphia-based development and investment firm Arden Group has completed Forty-Six Fifty, a 22-story mixed-use building located at 4650 Broadway in Manhattan’s Inwood neighborhood. Designed by Handel Architects, the building offers 222 apartments in studio, one- and two-bedroom formats, with 30 percent of the apartments subject to income restrictions. Amenities include a fitness center, resident lounge, screening room and a children’s play area. In addition, 4650 Broadway houses 120,000 square feet of commercial space that is leased to a charter school and a supermarket. Apartment rents start at $2,800 per month for a studio.
HOBOKEN, N.J. — Advance Realty Investors has broken ground on a 52-unit multifamily project in Hoboken. The site at the intersection of 14th Street and Willow Avenue formerly housed a Hertz car rental depot. The new building will feature studio, one-, two- and three-bedroom units that will have an average size of 903 square feet, with five residences to be set aside as affordable housing. Amenities will include a lobby lounge, fitness center, coworking space, landscaped terrace and a rooftop deck equipped with barbeque grilling stations. The building will also house 6,800 square feet of retail space. Completion is slated for the third quarter of 2026.
FISHERS, IND. — Thompson Thrift has opened Fishers Event Center, a 7,500-seat arena within The Crossing at Fishers District in the Indianapolis suburb of Fishers. The venue will serve as a home to three professional sports teams — Indy Fuel Hockey Club of the ECHL, Indy Ignite of the Professional Volleyball Federation and Fishers Freight of the Indoor Football League. The arena will also host a variety of community events and concerts. The event center marks a $200 million investment by the city within Thompson Thrift’s $750 million Fishers District mixed-use development. Once completed, the 123-acre project will incorporate multifamily, townhome, hotel, office, dining, shopping and entertainment offerings. Thompson Thrift is actively leasing space for The Union at Fishers District, another phase expected to break ground in the first quarter of 2025. The Union will feature 57,000 square feet of retail, restaurant and entertainment space, 251 luxury apartment homes, 135 luxury boutique hotel rooms and 70,000 square feet of Class A office space. Thompson Thrift first began work on the Fishers District development in 2015.
CHICAGO — Summit Design + Build has broken ground on 537 W. Drummond, a seven-story apartment building with 84 market-rate units in Chicago’s Lincoln Park neighborhood. The 80-foot-tall development will feature a fitness room, conference and coworking spaces, 84 bike parking spaces and 52 car parking spaces. The project site is the historic Covent Theater, which was situated behind the Covent Hotel. Moyer Properties is the developer, ParkFowler Plus is the architect, Catapult Real Estate Solutions is the owner’s representative, Cross Street is the broker and Principal Asset Management provided construction financing. A timeline for completion was not provided.
UNION CITY, GA. — Woodfield Development has delivered Union Green, a 295-unit apartment community located at 4980 Stonewall Tell Road in Union City, a southwest suburb of Atlanta. The property features a mix of one-, two- and three-bedroom apartments averaging 741 to 1,573 square feet in size. Monthly rental rates range from $1,498 to $4,175, according to Apartments.com. Amenities include a swimming pool with a sun lounge area, club lounge, demonstration kitchen for events, outdoor social commons with a grilling area, wellness and fitness studio and a sky lounge that offers views of downtown Atlanta’s skyline. The project team for Union Green included general contractor CBG Building Co., architect of record Fifth Dimension Architecture and interior designer Shelton Taylor + Associates.
FARMERS BRANCH, TEXAS — Texas-based developer Presidium has begun leasing Presidium Valley View, a 348-unit multifamily project located in the northern Dallas metro of Farmers Branch. Units come in studio, one-, two- and three-bedroom floor plans and range in size from 573 to 1,631 square feet. Residences are furnished with stainless steel appliances, quartz countertops, kitchen islands, built-in desks, private balconies, keyless entry mechanisms and individual washers and dryers. Indoors, the property houses a fitness center, clubroom area, coffee bar, theater lounge with a golf simulator and coworking spaces. Outdoor amenities include a pool, yoga lawns, grilling areas and a pet park/spa. Dallas-based O’Brien Architects served as the project architect. Rents start at $1,585 per month for a studio apartment.
WEST BRIDGEWATER, MASS. — National Development has completed a 210,600-square-foot industrial project in West Bridgewater, a southern suburb of Boston. The facility at 586 Manley St. can support warehousing and distribution uses and can also be subdivided to accommodate multiple tenants. Building features include a clear height of 36 feet, 37 loading docks, two drive-in doors and abundant vehicle and trailer parking. Cranshaw Construction served as the general contractor. National Development has tapped JLL as the leasing agent.
LOS ANGELES — A joint venture between Lendlease and Aware Super has topped out the six-story office building and 12-story multifamily building at Habitat, the joint venture’s mixed-use development in Los Angeles. Located at 3401 S. La Cienega Blvd., Habitat will feature a 253,000-square-foot office building, a 260-unit multifamily building and 2,900 square feet of retail and restaurant space, along with an integrated acre of open space. The project is slated for completion in early 2026. Designed by SHoP Architects, with commercial interiors by A+I and Steinberg Hart as executive architect, Habitat’s 50,000-square-foot floor plates feature 14-foot floor-to-floor heights and terraces. Office amenities include a lobby with niches for gathering, fitness center, hospitality-inspired locker rooms with showers and end-of-trip facilities for cyclist commuters. The residential building will offer 260 studio, one- and two-bedroom layouts with access to outdoor space along with hospitality- and wellness-inspired amenities. Expected to be net zero carbon in construction and operations, Habitat will include an integrated 125kW solar array, 64 dedicated electric vehicle parking spots, 222 secured bike parking spots, natural ventilation and lower-carbon concrete. Los Angeles-based RELM designed Habitat’s network of parks and walking paths, which offer a mix of secluded seating clusters and communal gathering …