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Rushcreek-Business-Park-Houston
DevelopmentIndustrialTexas

Crow Holdings Underway on 446,123 SF Industrial Project in North Houston

by Taylor Williams

HOUSTON — Crow Holdings Development is underway on construction of Rushcreek Business Park, a 446,123-square-foot industrial project in North Houston. The development will consist of two front-load buildings that will span 137,588 and 308,535 square feet. The buildings will feature 32- and 36-foot clear heights, respectively, and a combined 101 dock-high doors, six drive-in ramps and 259 car parking spaces. CBRE has been tapped as the leasing agent. Construction is slated for a summer 2026 completion.

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Grove-Business-Park-Baytown
DevelopmentIndustrialTexas

BCS Breaks Ground on 438,960 SF Industrial Project in Baytown, Texas

by Taylor Williams

BAYTOWN, TEXAS — Locally based developer BCS has broken ground on Grove Business Park, a 438,960-square-foot industrial project that will be located in the eastern Houston suburb of Baytown. The site spans 46 acres, and the development will feature nine buildings that will range in size from 30,000 to 120,120 square feet. Urban Cos. has been selected as the design-build firm for the project, and Altar Group will be the civil engineer. Partners Real Estate is the leasing agent. Completion is slated for the third quarter of 2026.

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Apple-Valley-One-Million-Distribution-Center-Apple-Valley-CA
CaliforniaDevelopmentIndustrialWestern

Uncommon Developers Receives Full Entitlement for 1.1 MSF Distribution Project in Apple Valley, California

by Amy Works

APPLE VALLEY, CALIF. — Los Angeles-based Uncommon Developers has received full entitlement to develop Apple Valley AV One Million Distribution Center, the first phase of a 550-acre master-planned project in Apple Valley. Additionally, the project is fully preleased. Rick John and Dan Foye of DAUM represented Uncommon in the lease negotiations. Situated on 72 acres, Apple Valley One Million Distribution Center is planned to have a total building area of 1.1 million square feet with 40-foot minimum building height, 219 dock-high doors, four ground-level doors, electric vehicle charging stations for cars and trucks and 8,000 amps of power expandable to 16,000 amps. Additionally, the project will offer office and mezzanine space and car and trailer parking. A construction timeline has not been released, but it should move quickly since entitlement is completed.

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FreeUp-Storage-Oak-Harbor-WA.jpg
DevelopmentIndustrialSelf-StorageWashingtonWestern

Spartan Investment Group Completes Self-Storage Facility in Oak Harbor, Washington

by Amy Works

OAK HARBOR, WASH. — Spartan Investment Group, along with its in-house development team Spartan Construction Management, has completed FreeUp Storage Oak Harbor, a ground-up self-storage project at 33650 State Route 20 in Oak Harbor. The 78,920-square-foot facility offers 583 units across eight buildings. FreeUp Storage, Spartan’s owned and operated brand of self-storage facilities, will manage the property.

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DevelopmentIllinoisIndustrialMidwest

CRG Breaks Ground on 364,102 SF Industrial Development in Chicago

by Kristin Harlow

CHICAGO — CRG has broken ground on The Cubes at Roosevelt & Kostner, a two-building, 364,102-square-foot industrial campus on a 20.8-acre site at the southwest corner of Roosevelt Road and Kostner Avenue in Chicago’s North Lawndale neighborhood. Co-developed in a joint venture with Related Midwest and 548 Development, the project will transform a long-vacant site into modern logistics facilities and community amenities, with the first buildings slated for completion in third-quarter 2026. Plans call for two 182,051-square-foot Class A industrial buildings, each featuring a clear height of 36 feet. Together, the facilities will offer 54 dock-high loading doors, four drive-in doors, 323 car parking spaces and 84 trailer parking stalls. Designed by Lamar Johnson Collaborative (LJC) and Ware Malcomb, the buildings will feature ESFR sprinkler systems and are proximate to I-290. General contractor DSI, in partnership with GMA Construction Group, is leading construction. In addition to the industrial facilities, the development will include two community-focused amenities. The developers are donating two 5,000-square-foot community spaces, also designed by LJC and known as “Innovation Centers.” One building will be operated by Black Men United and the other will house the New Covenant Community Development Corp. The project also includes new public green …

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Affordable HousingDevelopmentLoansMichiganMidwestMultifamily

River Caddis Communities Receives Construction Financing for 204-Unit Michigan Affordable Housing Project

by Kristin Harlow

MIDLAND, MICH. — River Caddis Communities (RCC), in partnership with the Capital Area Housing Partnership, has received construction financing for The Dean – Apartments at Eastlawn in Midland. The project will transform a former school site into an affordable and workforce housing community. The Dean will be built on a 6.4-acre site once home to Eastlawn School, which served the community from 1947 to 2017. Upon completion in 2027, the development will feature six three-story residential buildings with 204 units; a clubhouse and leasing center; a community hub with gathering spaces, outdoor amenities and walking/biking connections; and sustainable features such as bike repair stations, energy-efficient design and solar investment supported by federal clean energy tax credits. The Dean will provide housing for families earning up to 40, 60, 80 and 120 percent of the area median income. All utilities will be covered by the landlord. The Michigan State Housing Development Authority awarded $30 million in tax-exempt bonds via the Pass Through Bonds program, utilizing low-income housing tax credits to finance costs of constructing the development. Through a private placement, Huntington Bank will serve as the construction lender. The Sturges Company underwrote the short-term cash-collateralized tax-exempt bonds with institutional lenders. In …

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Affordable HousingDevelopmentMultifamilyNortheastPennsylvania

Odin Properties Breaks Ground on 51-Unit Affordable Housing Project in Philadelphia

by Taylor Williams

PHILADELPHIA — Locally based developer Odin Properties has broken ground on Sepviva Lofts, a 51-unit affordable housing project that will be located in Philadelphia’s Kensington neighborhood. Sepviva Lofts will be located on the site of a former industrial facility and will offer one-, two- and three-bedroom units. Amenities will include a community room, computer lab, onsite laundry facilities and a playground. Information on specific income restrictions, as well as a tentative completion date, was not announced. Odin is developing the property in partnership with RB Development and Liberty Housing Development Corp.

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DevelopmentMultifamilyNorth CarolinaSoutheast

Madison Communities Opens 253-Unit Apartment Property in Charlotte

by John Nelson

CHARLOTTE, N.C. — Madison Communities, a subsidiary of Madison Capital Group, has opened Madison Ashley Park, a 253-unit apartment community located at 2220 Berryhill Road in Charlotte’s Ashley Park submarket. Situated near I-277 and the city’s FreeMoreWest district, Madison Ashley Park features a mix of studio, one- and two-bedroom floor plans. Monthly rental rates range from $1,271 to $2,746, according to Apartments.com. Amenities include a secure parking deck, clubhouse with a demonstration kitchen, coworking space, fitness center with a yoga studio and a central pool with sun deck, cabanas and loungers. The design-build team includes Humphreys and Partners Architecture and Benco Construction.

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AlabamaBuild-to-RentDevelopmentMultifamilySingle-Family RentalSoutheast

Trilogy, Pinnacle Underway on Phase I of Build-to-Rent Development in Huntsville

by John Nelson

HUNTSVILLE, ALA. — Trilogy Investment Co. and Pinnacle Partners have completed lot delivery and horizontal construction for Phase I of REV3 at The Celeste, a 172-unit build-to-rent (BTR) townhome community on Plummer Road in Huntsville. The development partnership plans to begin vertical construction in the fourth quarter. Trilogy is funding the project in part with its BTR Opportunity Zone fund, which is focused on developments in the Sun Belt region. REV3 at The Celeste will feature three-bedroom townhomes with 2.5 bathrooms, open-concept layouts, stainless steel appliances, LVP flooring, smart home technology and attached garages. Amenities will include a resort-style pool with a shaded cabana, clubhouse with gathering spaces, fitness center and outdoor grilling areas. Trilogy and Pinnacle plan to begin leasing in the second quarter of 2026 and deliver REV3 at The Celeste in third-quarter 2026.

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Affordable HousingDevelopmentLoansLouisianaMultifamilySeniors HousingSoutheast

Churchill Stateside Provides $11M Construction Loan for Seniors Housing Adaptive Reuse Project in New Orleans

by John Nelson

NEW ORLEANS — Churchill Stateside Group LLC has closed an $11 million construction loan for Canal Crossing, a 49-unit affordable seniors housing development in New Orleans. Churchill Stateside provided the tax-exempt loan through Churchill Mortgage Construction LLC. The project, which is being financed in part with low-income housing tax credits (LIHTC), is an adaptive reuse of a historic building at 2640 Canal St. and will be reserved for households age 55 and older. Canal Crossing will feature three units reserved for households earning 30 percent of the area median income (AMI), eight units at 50 percent AMI, 24 units at 60 percent AMI and 14 units at 70 percent AMI. The developer and other details of Canal Crossing were not disclosed.

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