Development

City of Greer Begins Vertical Construction on Sports Facility in Upstate South Carolina

by John Nelson April 16, 2026

GREER, S.C. — The City of Greer has begun vertical construction on the new Greer Sports & Events Center, a 200,000-square-foot sports and recreation facility built for everyday use and high-occupancy tournaments and events. The civic project is part of the city’s $100 million ForGreer community initiative. Set to open in 2027, the facility will include eight full-size basketball courts with adaptable configurations for volleyball, wrestling and pickleball, as well as a separate purpose-built basketball court. Other aspects of the building will include administrative offices, flexible community spaces, an indoor walking track, concessions areas, multi-sport simulators and exercise and wrestling spaces. The design-build team includes RMF Engineering, McMillan Pazdan Smith Architecture and Harper General Contractors.

April 16, 2026

Development Florida Loans Multifamily Southeast

PCCP Provides $92.5M Construction Loan for Multifamily Development in Orlando

by John Nelson April 16, 2026

ORLANDO, FLA. — PCCP LLC has provided a $92.5 million construction loan for Emi on 50, a 336-unit apartment development located at 1840 E. Colonial Drive in Orlando’s Mills 50 neighborhood. The borrower is Terian Development. Set for completion in second-quarter 2028, the nine-story community will offer studio, one-, two- and three-bedroom units averaging 895 square feet in size, with 20 apartments designed as live/work units and 15 planned as two-story townhomes. Amenities will include a fitness center, speakeasy and a café, as well as a rooftop deck with a pickleball court, pool, grilling stations and a Zen garden.

April 16, 2026

Acquisitions Colorado Development Restaurant Retail Western

Legacy Development Partners Buys 30-Acre Site for Legacy at Jackson Landing Retail Project Near Colorado Springs

by Amy Works April 16, 2026

MONUMENT, COLO. — Legacy Development Partners has acquired a 30-acre site at the northeast quadrant of Interstate 25 and Baptist Road in Monument, approximately 20 miles north of Colorado Springs, for the development of Legacy at Jackson Landing. Construction will commence immediately, with a grand opening scheduled for October 2027. Upon full build-out, Legacy at Jackson Landing will offer more than 225,000 square feet of retail and restaurant space. Target is slated to anchor the property. Other proposed tenants include Marshalls, HomeGoods, Chick-fil-A and Firehouse Subs. Legacy at Jackson Landing is being developed through a strategic partnership with The Garrett Cos. Equity for the development was sourced with the assistance of Texas-based Telis Group, and Bank of Texas provided construction financing.

April 16, 2026

Acquisitions Development Multifamily Washington Western

Great Expectations SPC Acquires 102-Unit Multifamily Development Site in Puyallup, Washington

by Amy Works April 16, 2026

PUYALLUP, WASH. — Great Expectations SPC has purchased Addison Grove, a multifamily development site at 17753 78th Ave. East in Puyallup. Terms of the transaction were not disclosed. Dylan Simon, JD Fuller and Elijah Piper of Kidder Mathews’ Simon | Anderson multifamily team represented the undisclosed seller and procured the buyer in the deal. Addison Grove is a shovel-ready opportunity planned for 102 apartments. The property’s location will serve the area’s employment base, which includes industrial and logistics tenants, healthcare facilities and proximity to Joint Base Lewis-McChord. Great Expectations is a social purpose corporation with a focus on delivering affordable housing targeted to families within the local community. Social purpose corporations are for-profit entities designed to pursue profit and specific social and environmental issues.

April 16, 2026

Development Multifamily Nevada Seniors Housing Western

Kisco Senior Living Plans New Community in Las Vegas

by Amy Works April 16, 2026

LAS VEGAS — Kisco Senior Living has announced plans to develop a new seniors housing property in Summerlin, a master-planned community located in Las Vegas. Upon completion, the property will feature independent living, assisted living and memory care units. “Summerlin is one of the most compelling senior living markets in the country, and frankly, one of the most underserved when it comes to truly elevated options,” said Andy Kohlberg, president and CEO of Kisco Senior Living, in a statement. “We’re building something that reflects how today’s older adults want to live: beautifully designed spaces, exceptional food, genuine hospitality and the security of knowing care is available if and when they need it — all on a simple rental basis with no buy-in required.” Additional details will be disclosed as planning advances.

April 16, 2026

Company News Development Retail Top Stories

Walmart Plans 650 Remodels, 20 Store Openings in Next 12 Months

by Hayden Spiess April 16, 2026

BENTONVILLE, ARK. — Walmart Inc. (Nasdaq: WMT) has announced plans to invest in more than 650 scheduled remodels of Walmart Supercenter and Walmart Neighborhood Market stores this year. The Bentonville-based retail giant also plans to open roughly 20 new stores throughout the remainder of 2026 and early 2027. Plans include the expansion of a Walmart Supercenter in Tucson, Ariz., as well as the opening of a Supercenter store in Celina, Texas. Earlier this year the retailer opened a new Walmart Supercenter in Eastvale, Calif., as well as three Supercenters and a Neighborhood Market in Florida. Remodeled stores will feature wider aisles and updated layouts; new display designs; expanded pickup and delivery capabilities; updated Vision Centers and pharmacies with private consultation rooms; new digital touchpoints; and refreshed interiors, signage, parking and landscaping. Stores operating under the Neighborhood Market format will also be updated with expanded deli and hot bar areas, enhanced lighting and fixtures, pharmacy delivery options and upgraded online order fulfillment areas. In early 2024, the retail giant announced a commitment to open or convert more than 150 new stores. Store openings in 2025 included locations in Alabama, California, Florida, New Jersey, Texas and Utah. According to the company, fiscal revenue for …

April 16, 2026

Development Multifamily Texas

OHT Partners Breaks Ground on 396-Unit Multifamily Project in West Houston

by Taylor Williams April 15, 2026

HOUSTON — Austin-based developer OHT Partners has broken ground on a 396-unit multifamily project in West Houston. The site spans 13.1 acres at 19615 Park Row Blvd., and the development, which has yet to be named, will offer one- and two-bedroom units that will range in size from 702 to 1,256 square feet. Residences will be furnished with quartz countertops, brass hardware and various pieces of smart-home technology. Select units will have private yards. Amenities will include two pools, a coworking area, fitness center, clubroom with a kitchen, package lockers, an artificial turf game lawn, dog park, pickleball court and outdoor grilling and dining stations. Meeks + Partners is the project architect, and OHT Partners’ in-house general contracting team is handling construction. Completion is slated for late 2027.

April 15, 2026

Development Hospitality Multifamily Texas

Hunt Capital, City of Brownsville Complete Affordable Housing Adaptive Reuse Project

by Taylor Williams April 15, 2026

BROWNSVILLE, TEXAS — A partnership between Hunt Capital Partners and the Housing Authority of the City of Brownsville, located in South Texas, has completed an affordable housing adaptive reuse project. The project converted the historic eight-story El Jardin Hotel, which first opened in 1927 and has been vacant for the past 40 years, into a 44-unit complex with one-, two- and three-bedroom units. Information on income restrictions was not disclosed. The Federal Home Loan Bank of Dallas provided a $1.1 million Affordable Housing Program grant to help finance the project.

April 15, 2026

Development Industrial Massachusetts Northeast

National Development Receives Approval for 950,000 SF Industrial Conversion Project in Hudson, Massachusetts

by Taylor Williams April 15, 2026

HUDSON, MASS. — Local owner-operator National Development has received approval from the Town of Hudson, located west of Boston, for a 950,000-square-foot industrial conversion project. The 148-acre site at 75 Reed Road, which is located less than two miles from I-495 with direct access to the I-290 interchange, formerly housed the campus of chipmaker Intel. National Development acquired the property, which can support advanced manufacturing as well as warehouse and logistics uses, in late 2023. Construction is expected to commence upon National Development’s securing of an occupant.

April 15, 2026

Development Georgia Multifamily Southeast

Vida Begins Construction on 280-Unit Verona Apartments in Fairburn, Georgia

by John Nelson April 15, 2026

FAIRBURN, GA. — Vida Cos. has begun construction on Verona, a 280-unit apartment community located at the corner of Landrum and Senoia roads in Fairburn, about 20 miles southwest of Atlanta. The garden-style property will offer one-, two- and three-bedroom apartments, all with private balconies. Amenities will include a courtyard with a saltwater swimming pool and grilling stations, a fitness center, clubhouse, coworking lounge and a dog park. The property will also feature a 1,500-square-foot coffee shop open to the public and 5,500 square feet of ground-level retail space. Vida plans to deliver Verona in fall 2027. The developer also recently closed on construction financing from Parse Capital and a 10-year tax incentive from Develop Fulton, an economic development authority for Fulton County. The design-build team includes Buckhaven Construction Services (general contractor), Dwell Design Studio (architect), Crosby Design Group (interior designer), Gaskins + LeCraw (civil engineer) and B+C Studio (landscape architect).

April 15, 2026

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