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DevelopmentGeorgiaHospitalityMixed-UseRestaurantRetailSoutheast

Centennial Yards Co. Unveils Plans for New Entertainment District in Downtown Atlanta

by John Nelson

ATLANTA — Centennial Yards Co., a development entity owned by Los Angeles-based CIM Group, has unveiled plans for the next phase of its $5 billion mixed-use destination in downtown Atlanta. Spanning eight acres adjacent to Mercedes-Benz Stadium and State Farm Arena, the new phase of Centennial Yards will create a mixed-use entertainment district spanning 480,000 square feet across four buildings, as well as a fan gathering area that the developer says will be heavily utilized during the games held in Atlanta during the 2026 FIFA World Cup. Designed by Gensler, the new phase will comprise a three-story, 70,000-square-foot building housing an unspecified “eatertainment” concept; a four-story, 160,000-square-foot building hosting a single-tenant entertainment venue; a two-story, 50,000-square-foot building with restaurants and shops; and a 14-story, 233-room hotel. Centennial Yards represents the transformation of the city’s Gulch district, a 50-acre site that has primarily served as subterranean parking for Atlanta Falcons games in years past. Including the new entertainment district, Centennial Yards at full build-out will span 8 million square feet of new and converted offices, apartments, hotels, shops, entertainment venues and restaurants, including Wild Leap Brewery. Centennial Yards Co. plans to deliver two-thirds of the overall development by summer 2026.

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DevelopmentFloridaKentuckyLeasing ActivityRetailSouth CarolinaSoutheastTennessee

BJ’s Wholesale Club to Open Five New Stores in the Southeast and Indiana

by John Nelson

MARLBOROUGH, MASS. — BJ’s Wholesale Club, an operator of member retail warehouse locations, plans to open five new clubs in the Southeast and Indiana this fiscal year, which ends Feb. 1, 2025. The new clubs will be located in Maryville, Tenn., a suburb of Knoxville; Myrtle Beach, S.C.; Palm Coast and West Palm Beach in South Florida; and Carmel, Ind., a suburb of Indianapolis. Earlier this month, the Marlborough-based company announced its plans to open a new store near Jefferson Mall in Louisville, Ky. BJ’s Wholesale expects each new club to create roughly 150 new jobs. The company first opened its warehouse club model in New England in 1984. Today, BJ’s Wholesale operates 244 clubs and 175 BJ’s Gas stations in 20 states.

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DevelopmentMidwestMultifamilyOhio

Milhaus, HGI Break Ground on 359-Unit Apartment Project in Hilliard, Ohio

by Kristin Harlow

HILLIARD, OHIO — A joint venture between Milhaus and Harbor Group International (HGI) has broken ground on Tempo, a 359-unit apartment project in Hilliard, a northwest suburb of Columbus. The development is in the heart of commercial real estate firm Equity’s mixed-use development known as TruePointe, construction of which began in July 2023. Milhaus will lead development of Tempo, with HGI providing 80 percent of the common equity. Tempo will offer floor plans ranging from studios to three-bedroom units. Residents will have access to amenities such as a resort-style pool, courtyard, fitness center, sky lounge, coworking spaces, an onsite dog park, beach volleyball court and outdoor pizza kitchen. Architecture firm MA+ Design, SJL Design Group and The Kleingers Group make up the project team. First Internet Bank provided project financing. Completion is slated for spring 2026.

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DevelopmentMidwestMissouri

HDA Architects Designs Renovation Plan for 87,930 SF St. Louis Jewish Community Center Building

by Kristin Harlow

CHESTERFIELD, MO. — The St. Louis Jewish Community Center has selected HDA Architects to complete a renovation design for its Marilyn Fox Building in the St. Louis suburb of Chesterfield. Plans call for a new adult day center, locker rooms, lobby and gathering space. The gymnasium, fitness center and early childhood center, along with the building’s exterior, will also be revamped. Additional improvements will include expanded kitchen facilities, dedicated pickleball courts and infrastructure upgrades such as security and communications systems. Originally constructed in 1996, the 87,930-square-foot building previously underwent a minor renovation in 2008. Construction is slated to begin in mid-April and to be completed in the fourth quarter of 2025. ISC Contracting is the general contractor. Additional project partners include Avison Young, ODA studio, KPFF Consulting Engineers, Engenuity, Stock & Associates Consulting Engineers and Landscape Technologies.

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Springhill-Suites-Chula-Vista-CA
CaliforniaDevelopmentHospitalityWestern

R.D. Olson Construction Completes 179-Room Springhill Suites by Marriott in Chula Vista, California

by Amy Works

CHULA VISTA, CALIF. — R.D. Olson Construction has completed the construction of Eastlake’s Springhill Suites by Marriott in Chula Vista, nestled between San Diego and the Mexico border. Delivered in 18.5 months, the 127,628-square-foot hotel features 179 guest suites, 1,900 square feet of meeting and conference space, a pool and a 1,095-square-foot fitness center. The hotel lobby features computers and printers for guest use at the business center with flexible workspace and free Wi-Fi, as well as a media and TV lounge with a fireplace. The property also offers a 930-square-foot dining space with complimentary breakfast; a full-service bar and lounge with 1,800 square feet of interior seating and nearly 1,500 square feet of covered patio seating; a 24/7 in-house market; a courtyard with two barbecues; and an event lawn with three fire tables for lounging. Additionally, several 700-square-foot suites bordering the courtyard pool have private patios and host ground-floor pool access. The property also has 10 electric vehicle charging stations. Project partners include Lee & Sakahara Architects and The Design Studio.

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ColoradoDevelopmentIndustrialWestern

Westfield Co. Develops 472,800 SF Pivot Denver Spec Industrial Project

by Amy Works

DENVER — Westfield Co. is developing Pivot Denver, a 472,800-square-foot, Class A industrial property in central Denver. The core and shell are already complete and the speculative development is 33.5 percent pre-leased to three tenants totaling approximately 159,000 square feet. Situated on the site of the Denver Merchandise Mart, Pivot Denver features four facilities: 162,000-square-foot Building 1; 33,600-square-foot Building 2; 154,800-square-foot Building 3 and 122,400-square-foot Building 4. The buildings offer ample dock/grade loading, 28-foot to 32-foot clear heights and ample parking. Total Tool, a construction tool supplier, inked a deal to occupy 59,000 square feet; an undisclosed tenant leased 75,000 square feet; and Crescent Electric Supply Co., an electric wholesale supply and distribution company, leased 25,000 square feet. Construction of Pivot Denver began in late 2022. Tyler Smith, Alec Rhodes and Aaron Valdez of Cushman & Wakefield are handling leasing of the project on behalf the landlord.

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Pacific-Flats-Phoenix-OR
Affordable HousingDevelopmentMultifamilyOregonWestern

Commonwealth, WNC Plan Pacific Flats Affordable Housing Project in Phoenix, Oregon

by Amy Works

PHOENIX, ORE. — Commonwealth Development Corp. and WNC & Associates have released plans for Pacific Flats, an affordable multifamily community in Phoenix, a small city in the southern portion of the state near the California border. Slated for completion in June 2025, Pacific Flats will feature 72 Low-Income Housing Tax Credit (LIHTC) units spread across five three-story residential buildings. Amenities will include a clubhouse with a fitness center, business center and community room. Eight units will be reserved for families earning up to 30 percent of area median income (AMI), 20 units at 50 percent AMI and 44 units at 60 percent AMI.  The property will include high-efficiency windows and Energy Star-rated appliances and building mechanical equipment. Pacific Flats residents will have access to supportive services, including educational classes and help with access coordination to other non-profit agencies. ACCESS, a local community action organization, will provide the services. WNC’s total investment in the project is $25.1 million. The deal was structured with 4 percent LIHTC Equity, a construction and permanent loan through Legacy Bank, a $13.5 million soft loan using LIFT funds and a $170,000 soft loan using OHCS MEP funds. Commonwealth Development also partnered with Native of One Wind Indigenous …

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ArizonaDevelopmentRetailWestern

Peak Southern Acquires 5.8-Acre Retail Development Site in Mesa, Arizona

by Amy Works

MESA, ARIZ. — Peak Southern LLC has purchased a 5.8-acre land site, located at 10834 E. Southern Ave. in the Phoenix suburb of Mesa. Signal Butte & Southern LLC sold the property for $3 million. John Jackson and Kristina Remon of Colliers in Arizona negotiated the transaction. The buyer plans to develop a retail center on the site. According to Colliers, the property will be divided into three pad sites that are available for purchase, build-to-suit or ground lease, and construction of the retail buildings will be based on purchase or lease timing.

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DevelopmentMixed-UseTexasTop Stories

Lincoln Plans Four-Acre Mixed-Use Development in Uptown Dallas

by Kristin Harlow

DALLAS — Lincoln Property Co. has acquired a four-acre site at 2500 Cedar Springs Road in Uptown Dallas. The firm plans to develop a Class A mixed-use project with approximately 400,000 to 500,000 square feet of office space, 250 luxury apartment units, a 200-room hotel, 25,000 square feet of food-and-beverage retail, and ample green space. The project site is near the Crescent office and hotel, the Ritz-Carlton hotel, the Katy Trail, Klyde Warren Park, Victory Park, the American Airlines Center and numerous restaurants. Although a seller was not disclosed, the Dallas Business Journal reports that an entity connected to Greenway Investment Co. previously owned the property, a retail strip built in the 1950s. A timeline for development has yet to be finalized, according to Chase Prospere, senior vice president and office market leader at Lincoln in Dallas. “Complex developments like this are years in the making and it’s very early in the process, but we intend to move at pace to get to groundbreaking,” says Prospere. “We are actively marketing the project to prospective anchor tenants and expect leasing activity to be strong given the unique location and amenities of the project.” The Uptown submarket of Dallas posted an office …

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Mesa-Labworks-San-Diego-CA
CaliforniaDevelopmentLife SciencesWestern

King Street to Convert Office Building into Mesa Labworks Life Sciences Facility in San Diego

by Amy Works

SAN DIEGO — King Street Properties has released plans to redevelop a creative office building at 5825 Oberlin Drive in San Diego into a Mesa Labworks, a speculative lab and life sciences facility. Construction of Mesa Labworks’ first two spec lab suites is currently underway. Located in the Sorrento Mesa submarket, the 60,000-square-foot building will offer move-in ready spec lab solutions, with suites ranging from 8,000 square feet to 15,000 square feet. Scheduled for completion in August 2024, the new suites will deliver state-of-the-art lab infrastructure. Mike Novkov, Bill Cavanagh and Brett Ward of Cushman & Wakefield are handling leasing for the project.

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