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DevelopmentFloridaLeasing ActivityMixed-UseOfficeRestaurantRetailSoutheast

Office, Retail Tenants Join Atlantic Village Mixed-Use Development in Metro Fort Lauderdale

by John Nelson

HALLANDALE BEACH, FLA. — New office and retail tenants have signed leases totaling 43,000 square feet at the third phase of Atlantic Village, a 308,253-square-foot mixed-use development located in Hallandale Beach, roughly 13 miles south of Fort Lauderdale. Retailers Mitch’s Bagels (1,985 square feet), Holy Shakes (1,067 square feet), Club Pilates (2,562 square feet), Zen Zone (2,086 square feet), The Spot Barbershop (1,215 square feet), La Maison H (2,260 square feet), Genia’s Keratin Spa (1,370 square feet) and 54D (8,146 square feet) have opened at the development, which is situated at 601 to 801 N. Federal Highway. Casa Crudos (1,629 square feet), The Wagyu House (2,681 square feet), Murano by Ferraro’s Kitchen (2,600 square feet) and Drunken Dragon (7,746 square feet) have also signed leases at Atlantic Village. Office tenants now open at Phase III of the development, which is currently 83 percent leased, include The Worx (10,911 square feet), Skin and Cancer Dermatology (3,731 square feet), Glowing Smiles Pediatric Dentistry (2,450 square feet) and Ciocca Dermatology of Hallandale (5,608 square feet). Phase I of Atlantic Village, which is fully leased, features 34,710 square feet of retail space. Phase II comprises 27,486 square feet and 10,380 square feet of retail …

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Extended-Stay-America-Premier-Suites-Portland-North-OR
DevelopmentHospitalityOregonWestern

Extended Stay America Opens 146-Room Hotel in Portland, Oregon

by Amy Works

PORTLAND, ORE. — Extended Stay America has opened Extended Stay America Premier Suites Portland North in Portland. Trimark-University Housing IV developed the property, which Ark Hospitality will manage. Located at 1215 N. Hayden Meadows Drive, the three-story hotel offers 146 rooms with fully equipped kitchens featuring full-size refrigerators, microwaves, stovetops, cookware, utensils, dishes and a dedicated workspace. The property features complimentary Wi-Fi and breakfast, a fitness center and on-site guest laundry facilities.

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Heritage-Square-South-Pasadena-CA
Affordable HousingCaliforniaDevelopmentMultifamilySeniors HousingWestern

Bridge Housing, R.D. Olson Construction Complete 69-Unit Affordable Seniors Housing Complex in Pasadena, California

by Amy Works

PASADENA, CALIF. — Bridge Housing, with R.D. Olson Construction as general contractor, has opened Heritage Square South, an affordable seniors housing community in Pasadena, a northeastern suburb of Los Angeles. Heritage Square South features 70 one- and two-bedroom units, 24-hour security, 3,817 square feet of outdoor lounging areas, two flex rooms and a community room. The property also features solar power operations, producing 196,400 kWh of electricity annually.

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ColoradoDevelopmentIndustrialTop StoriesWestern

Swire Coca-Cola to Build 570,000 SF Bottling Plant Near Denver International Airport Campus

by John Nelson

DENVER — Swire Coca-Cola USA, a prominent Coca-Cola bottler in the Western United States, has confirmed plans for a new bottling plant near Denver International Airport. According to the project’s website, Swire Coca-Cola plans to invest between $350 million and $500 million to construct the facility, which will be located at the airport’s Second Creek Campus. According to Denver Business Journal, the new facility will span 570,000 square feet. The project website estimates that Swire Coca-Cola will break ground in third-quarter 2025 and hold a grand opening in first-quarter 2027. Additionally, equipment is scheduled to be installed and commissioned in third-quarter 2026. Swire Coca-Cola plans to use the property to replace both an existing production center at 3825 York St. and a sales center at 2145 E. 40th Ave., which are located within a half-mile of each other and about 17 miles southwest of the airport. The new Swire Coca-Cola plant, which will be used for the bottling of both Coca-Cola plastic bottles and aluminum cans, will sit on 97 acres at the northeast corner of Tower Road and Pena Boulevard. The company plans to employ approximately 200 people at the new facility. Denver Business Journal reports that Denver City Council …

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DevelopmentFloridaMultifamilySoutheast

Presidium Completes 334-Unit Luxury Multifamily Community in Jacksonville

by John Nelson

JACKSONVILLE, FLA. — Presidium has completed Presidium Regal, a 334-unit luxury apartment community located at 14501 Beach Blvd. in Jacksonville. The property represents the fourth community in the city for the Texas-based multifamily developer and operator. Designed by Atlanta-based Dwell Design Studio, Presidium Regal’s one-, two- and three-bedroom apartments range in size from 550 to 1,600 square feet. Monthly rental rates range from $1,470 to $2,945, according to Apartments.com. The property’s 11,000-square-foot leasing office and clubhouse features a club room, game lounge, golf simulator, theater room, showroom kitchen, coworking lounge with micro-offices, podcast rooms, a rooftop lounging deck and a 2,000-square-foot fitness center. Other amenities include a zero-edge swimming pool with grilling stations, poolside cabanas, indoor and outdoor fireplaces with lounging areas, an onsite car wash, juice and java bar, dog park and dog spa and EV charging stations.

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Palladium-East-Foster-Crossing-Anna-Texas
DevelopmentMultifamilyTexas

Palladium USA Completes $64M Multifamily Project in Anna, Texas

by Taylor Williams

ANNA, TEXAS — Locally based developer Palladium USA has completed a $64 million multifamily project in the northern Dallas suburb of Anna. Palladium East Foster Crossing comprises 239 apartments on an eight-acre site. The four-story building houses one-, two- and three-bedroom units. Amenities include a pool, fitness center, conference center, dog park, computer lounge, children’s playroom and clubroom with a mini kitchen. HEDK Architects designed the community, and BBL Construction served as the general contractor. To finance the project, the Anna Public Facilities Corp. issued $33 million in tax-exempt bonds that were purchased by Cedar Rapids Bank and Trust. PNC Bank also provided $27 million in equity for the project.

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DevelopmentIllinoisLoansMidwestMultifamily

JLL Arranges $31M Construction Loan for Apartment Building in Chicago’s Lincoln Park

by Kristin Harlow

CHICAGO — JLL Capital Markets has arranged a $31 million loan in the form of a participating mortgage for the construction of 1529 N Fremont, a 132-unit apartment building in Chicago’s Lincoln Park neighborhood. Construction is expected to begin this quarter on the five-story project, which will feature four stories of rental units above 9,500 square feet of retail space and 29 parking spaces. Units will average 500 square feet each. Amenities will include a fitness studio, coworking lounge and activated outdoor space. Lucas Borges and Ryan Sullivan of JLL arranged the loan on behalf of the borrowers, CityPads and Wayland Real Estate Capital. A life insurance company provided the four-year loan.

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DevelopmentMidwestNebraskaRetail

Darland to Build 6,114 SF Branch in South Omaha for CharterWest Bank

by Kristin Harlow

OMAHA, NEB. — Darland Construction Co. is building a new 6,114-square-foot branch for CharterWest Bank & Mortgage Center on South 24th Street in South Omaha. The facility will offer a full suite of financial services, including consumer and commercial banking as well as mortgage lending. The building’s exterior will feature a distinctive Spanish style with a natural stone finish and a barrel tile roof. Completion is slated for early 2025. EK Schulz is the project architect.

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133-E.-55th-St.-Manhattan
DevelopmentLoansMultifamilyNew YorkNortheast

JLL Arranges $52M Construction Loan for Manhattan Multifamily Project

by Taylor Williams

NEW YORK CITY — JLL has arranged a $52 million construction loan for a multifamily project located at 133 E. 55th St. in Manhattan’s Midtown East neighborhood. The project currently rises 12 stories and will reach 21 stories upon completion, which is scheduled for winter 2025. Designed by Zproekt Architecture, the building will house one-, two- and three-bedroom units as well as one three-bedroom duplex penthouse. Amenities will include a spa complex with a sauna, steam room and plunge pool, as well as a fitness center, package room and an outdoor recreation area. Locally based bridge lender Emerald Creek Capital provided the loan to the developer, a joint venture between Rybak Development and BK Developers. Robert Tonnessen and Aaron Neidermayer led the tranasaction for JLL.

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DevelopmentMassachusettsNortheastOffice

Vantage Builders Completes 10,000 SF Headquarters Expansion Project for NEOLab in Andover, Massachusetts

by Taylor Williams

ANDOVER, MASS. — Locally based general contractor and construction management firm Vantage Builders has completed a 10,000-square-foot headquarters expansion project for NEOLab in Andover, a northern suburb of Boston. The orthodontic laboratory operator essentially doubled its footprint across the first and second floors of the building at 3 Riverside Drive. Maugel DeStefano Architects designed the project, which delivered two 3D metal printing laboratories, an open office layout, new education space, lunchroom and a renovated warehouse and storage area.

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