Development

Contegra Delivers 1.3 MSF Distribution Center in Marysville, Ohio

by Kristin Harlow February 21, 2024

MARYSVILLE, OHIO — Contegra Construction Co. has completed a 1.3 million-square-foot distribution center for The Scotts Miracle-Gro Co. in Marysville, about 27 miles northwest of Columbus. Developed by Crawford Hoying, the facility is located about two miles from Scotts MiracleGro’s headquarters and primary manufacturing plant. The company has consolidated five central Ohio distribution operations into the new location, adding 40 jobs and enhancing its distribution capabilities ahead of the 2024 spring lawn and garden season. Located on an 84-acre site at 12575 Industrial Parkway, the building consists of 8,000 square feet of office space with the remaining space devoted to storage and distribution. The property features a clear height of 38 feet, 120 dock doors and four drive-in doors.

February 21, 2024

Development Industrial Kansas Midwest

Hunt Midwest to Build New Facility for Keystone Automotive Industries at Heartland Logistics Park in Kansas

by Kristin Harlow February 21, 2024

SHAWNEE, KAN. — Hunt Midwest will build a new 854,306-square-foot build-to-suit facility for Keystone Automotive Industries at Heartland Logistics Park in Shawnee. Keystone will lease 530,455 square feet within Heartland Logistics Park Building III. Keystone is an aftermarket auto parts supplier and a subsidiary of LKQ, a global supplier and manufacturer of aftermarket, recycled, refurbished and remanufactured automotive products. Construction on Building III is set to begin this month with completion slated for the first quarter of 2025. Leasing options are available for the remaining 323,851 square feet within the building. The property will feature a clear height of 36 feet, 190-foot-deep truck courts, 36 dock-high doors, four drive-in doors, 87 trailer parking spaces and 251 car parking spaces. The project team includes Brinkmann Constructors, Renaissance Infrastructure Consulting and H2B Architects. Mike Mitchelson and Austin Baier of CBRE represented LKQ in the lease. Ed Elder and John Stafford of Colliers handle leasing of Heartland Logistics Park.

February 21, 2024

Development Healthcare Midwest Nebraska

Darland Completes 38,000 SF Medical Office Building in Omaha

by Kristin Harlow February 21, 2024

OMAHA, NEB. — Darland Construction Co. has completed a nearly 38,000-square-foot medical office building for MD West One, an Omaha-based orthopedic, neurosurgery and spine clinic. R&R Realty was the developer. The facility is located on the southwest corner of 192nd Street and West Dodge Road in Omaha. The clinic has more than 40 exam rooms and dedicated areas for X-ray, radiology, casting and procedures. The property is located within the Fountain Ridge West development in an area of the West Dodge corridor that is slated for major development in the coming years.

February 21, 2024

California Development Multifamily Top Stories Western

Kennedy Wilson Nears Completion of 579-Unit Anacapa Canyon Multifamily Project in Camarillo, California

by Taylor Williams February 21, 2024

CAMARILLO, CALIF. — Global investment and development firm Kennedy Wilson (NYSE: KW) is nearing completion of Anacapa Canyon, a 579-unit multifamily project in the Southern California community of Camarillo. Anacapa Canyon, a 32-acre master-planned development, consists of 310 market-rate apartments, 109 for-sale, single-family homes and 170 income-restricted apartments for senior citizens. The first move-ins are underway, and full completion of the project is slated for the third quarter. Kennedy Wilson developed Anacapa Canyon in a public-private partnership with California State University Channel Islands (CSUCI) and partnered with Comstock Homes, as well as Hearthstone, on the single-family home component of the development. The affordable seniors housing units are fully preleased to qualified renters. The firm also developed various pieces of infrastructure in conjunction with the apartments, which Kennedy Wilson owns in their entirety. Residential amenities at Anacapa Canyon include multiple pools with an accompanying spa, a community garden, game room, event lounge, fitness center, dog parks and various open green spaces and pocket parks. “We are encouraged by the early interest in both leasing and home sales at Anacapa Canyon, which is a testament to the inclusive community we have created, its unique offerings and the continued demand for high-quality homes …

February 21, 2024

Development Mixed-Use Texas

City of Fate Approves 267-Acre Lafayette Crossing Mixed-Use Project

by Taylor Williams February 20, 2024

FATE, TEXAS — The City Council of Fate, located northeast of Dallas, has approved plans for Lafayette Crossing, a 267-acre mixed-use project. A California-based entity doing business as D-F Funds, which is represented by Jim Wills of Dallas-based 5054 Development, owns the land and is leading the development of the project. Preliminary plans call for retail and restaurant space, a full-service grocery store and café, hospital, light manufacturing facilities, a 120-room hotel and residences across a variety of formats, including single-family, apartments, condos and townhomes. Lafayette Crossing will also feature several open green spaces, lawns and pocket parks for public gatherings and recreational events, some of which will be developed in partnership with the city. Construction of Phase I will begin this fall with the launch of $11 million in infrastructural upgrades and is expected to be complete in spring 2028.

February 20, 2024

Development Hospitality Loans Texas

JLL Arranges $30.6M in Financing for West Houston’s Hotel Granduca

by Taylor Williams February 20, 2024

HOUSTON — JLL has arranged $30.6 million in financing for the 122-room Hotel Granduca in West Houston. The six-story hotel was built on 3.6 acres in 2006. Jillian Mariutti and Mark Fisher of JLL arranged the five-year, floating-rate loan through Prime Finance on behalf of the sponsor, Transwestern Hospitality Group. The borrower will use the proceeds to retire existing debt and fund capital improvements, including a redesign of the lobby, breakfast area, bar, seating areas and event space, as well as a relocation of the gym and existing restaurant. The tearoom will be converted into a salon and spa, and a larger bar will be added in the adjacent space. The old restaurant space will become a meeting and event venue, and a portion of the parking lot will be converted into a tented outdoor venue.

February 20, 2024

Build-to-Rent Development Single-Family Rental Texas

Core Spaces Nears Completion of 408-Unit Build-to-Rent Residential Project in Princeton, Texas

by Taylor Williams February 20, 2024

PRINCETON, TEXAS — Core Spaces, a student housing and residential developer with offices in Chicago and Austin, is nearing completion of Oxenfree at Princeton, a 408-unit build-to-rent residential community located on the northeastern outskirts of Dallas. The site spans 50 acres, and the development will feature a mix of single-family and townhome-style residences with three distinct architectural styles. Oxenfree at Princeton will also offer a central amenity center with a coworking space, health club, market, lounge, pool and a children’s play area. Construction began last spring. Leasing will begin in March.

February 20, 2024

Development Multifamily Seniors Housing Texas

Legacy Senior Communities Plans 30-Unit Expansion at Plano Property

by Taylor Williams February 20, 2024

PLANO, TEXAS — The Legacy Senior Communities is planning a 30-unit expansion project at The Legacy Willow Bend, the owner-operator’s flagship property in Plano. The expansion will introduce three buildings, each designed with 10 luxury flats, for a total of 30 hybrid-style independent living units spanning about 2,000 square feet each. Construction is scheduled to begin in the first quarter of 2025 and to be complete in spring 2026.

February 20, 2024

Development Industrial South Carolina Southeast

OMRON Automation to Build Manufacturing Facility in Upstate South Carolina

by John Nelson February 20, 2024

GREER, S.C. — OMRON Automation, a global industrial automation solutions provider, plans to expand its operations footprint to Upstate South Carolina with a new manufacturing facility in Greer. The new facility will be located at 311 Genoble Road and will support 162 new jobs. OMRON plans to invest $9.2 million into the operation, which will include the manufacturing of motion controllers and drives, machine vision, barcode readers and verification systems. Meredith O’Connor, Sean Reynolds, Perry Major and John Cashion of JLL represented OMRON in the development and site selection process, which included the evaluation of more than 85 cities across the United States. The size and construction timeline for the Greer facility were not disclosed.

February 20, 2024

Development Georgia Multifamily Southeast

Partnership Opens 328-Unit Wentworth Park Residences Near Savannah

by John Nelson February 20, 2024

PORT WENTWORTH, GA. — A partnership between Novare Group, Batson-Cook Development Co. (BCDC) and Baltisse has opened Wentworth Park Residences, a 328-unit apartment community located in the Savannah suburb of Port Wentworth. The Class A, garden-style community is situated on 30 acres along Augusta Road (Highway 21) near the 1-95 interchange. Dwell Design Studio designed Wentworth Park, which features one-, two- and three-bedroom apartments, as well as 16 carriage houses with private garages. Amenities include a resort-style swimming pool with a sun shelf and a clubroom featuring an entertainment kitchen and a lounging area with shuffleboard and outdoor dining. Other amenities include private workstations and conference rooms, a fitness center and yoga studio and an outdoor entertainment space with a kitchen, dining area, fire pits, hammocks and a dock overlooking a lake. Monthly rental rates range from $1,610 to $2,400, according to the property website.

February 20, 2024

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