Wednesday, June 3, 2026
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5839-Kyle-Parkway
DevelopmentMultifamilyTexas

CTC Residential to Develop 384-Unit Apartment Community in Kyle, Texas

by Taylor Williams

KYLE, TEXAS — Houston-based developer CTC Residential will build an apartment community in Kyle, about 20 miles south of Austin. CTC Residential acquired the 15-acre site at 5839 Kyle Parkway, which is located across the street from Seton Hospital, in October 2022 before having it rezoned to support multifamily. Preliminary plans call for 384 apartments and a 38,000-square-foot open green space that will be activated by a 7,500-square-foot food-and-beverage anchor space and other retail uses. Weitzman is handling retail leasing for the project. Information on floor plans and amenities was not disclosed.

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The-Juniper-Dallas
DevelopmentMultifamilyTexas

Larkspur Capital Underway on 219-Unit Multifamily Project in Dallas

by Taylor Williams

DALLAS — Locally based developer Larkspur Capital is underway on construction of The Juniper, a 219-unit multifamily project that will be located in the Exposition Park area of Dallas. The site at 4003 Commerce St. spans 1.4 acres, and the property will feature studio, one- and two-bedroom units that will range in size from 567 to 1,992 square feet. The Juniper will also have 18 flat-style homes and a number of penthouses. Amenities will include a pool, dog park, outdoor grilling and dining stations and a clubhouse. Corgan is the project architect, and OHT Partners is the general contractor. Delivery is slated for mid-2026.

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Baker-Hollow-Logistics-Center-Windsor
ConnecticutDevelopmentIndustrialNortheast

Condyne Capital Begins Work on 185,600 SF Industrial Project in Windsor, Connecticut

by Taylor Williams

WINDSOR, CONN. — Metro Boston-based developer Condyne Capital has begun work on a 185,600-square-foot industrial project in Windsor, a northern suburb of Hartford. The facility sits on a 20.6-acre site and is an expansion of Condyne’s Baker Hollow Logistics Center. Polar Design Build will handle construction of the building, which will feature a clear height of 32 feet, 36 dock doors, one drive-in door and 45 trailer parking spaces (expandable to 103). Construction is scheduled for a fall delivery.

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DevelopmentFloridaMultifamilySoutheast

Mast Capital, AvalonBay Complete 254-Unit Avalon Merrick Park Apartment Community in Miami

by John Nelson

MIAMI — Mast Capital and Avalon Bay Communities have completed the development of Avalon Merrick Park, a 254-unit apartment community located at 3811 Shipping Ave. in the Coral Gables neighborhood of Miami. The property, which was constructed by general contractor First Florida, features studio, one-, two- and three-bedroom apartments, ranging from 456 to 1,530 square feet. Amenities at the community include a swimming pool, fitness center, resident lounge with coworking spaces and a pet spa. Arquitectonica designed the property. Rental rates at Avalon Merrick Park begin at $2,340, according to Apartments.com.

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DevelopmentFloridaMultifamilySoutheast

Thompson Thrift to Develop 276-Unit Multifamily Community in Vero Beach, Florida

by John Nelson

VERO BEACH, FLA. — Thompson Thrift plans to develop a new 276-unit multifamily community in Vero Beach. Dubbed Verity, the project is scheduled for completion in summer 2026. The property will comprise apartments across three-story buildings, with units in one-, two- and three-bedroom layouts averaging 1,400 square feet in size. Amenities at the community, which will span 18 acres, will include a clubhouse, fitness center, 24-hour social hub, work-from-home suites, resident conference room, swimming pool, electric firepits, grilling areas, a pickleball court, dog run and pet spa. The property will also feature an Amazon package hub and valet trash service.

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DevelopmentGeorgiaOfficeSoutheast

Atlanta United Announces $23M Headquarters Expansion in Marietta, Georgia

by John Nelson

MARIETTA, GA. — Major League Soccer (MLS) club Atlanta United has announced plans for a $23 million expansion to its Children’s Healthcare of Atlanta Training Ground headquarters facility in Marietta, roughly 20 miles northwest of Atlanta. The two-story, 20,000-square-foot addition will connect to the east wing of the existing facility and feature 4,000 square feed designated for its second team (ATL UTD 2) and the club’s five Academy teams. The space will also feature a dedicated gym, locker room and office space for Atlanta United’s six development teams and 20-plus staff members, as well as a dedicated classroom, two new digital content studios, a new podcast and esports studio and a press conference room. The expansion will bring the total footprint of the facilities to 50,000 square feet, with a total investment of $85 million. Completion of the project is scheduled for summer 2025.

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DevelopmentMichiganMidwestMixed-Use

Bedrock Tops Off Construction of Hudson’s Project Site in Detroit, Signs GM as Tenant

by Kristin Harlow

DETROIT — Developer Bedrock has topped off construction of its Hudson’s site project in downtown Detroit. Meanwhile, General Motors Co. plans to leave Renaissance Center for the new development in 2025, according to Crain’s Detroit Business. The project marks Detroit’s largest ground-up development in the past 50 years, according to the developer. Upon completion, the property will house more than 1.5 million square feet of retail, office, dining, hospitality, residential and event space. Construction will continue in a phased approach. Bedrock recently announced on its social media platforms that the name of the development is now Hudson’s Detroit. Construction of the project on the former J.L. Hudson’s department store site began in 2017. Setbacks such as unanticipated underground obstructions and design changes have pushed the development well beyond its original schedule, reports Crain’s. Originally proposed to be 734 feet, the tower now rises 680 feet. GM’s current home, the RenCen, is the tallest building in Detroit and has suffered since the pandemic. Bedrock and GM plan to spend the next year analyzing what to do with the 5.5 million-square-foot property, according to Crain’s.

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DevelopmentMidwestMissouriMultifamilySeniors Housing

Midas Construction Underway on $37.8M Viva Bene Active Adult Community in St. Peters, Missouri

by Kristin Harlow

ST. PETERS, MO. — Midas Construction is underway on Viva Bene, a $37.8 million active adult community in the St. Louis suburb of St. Peters. Developed by Avenue, the 161-unit luxury property is located at 101 Viva Bene Circle. Amenities include a pool, fitness center, wellness hub, coworking spaces, outdoor spaces and pickleball and bocce ball courts. Greystar is the property manager. Completion is slated for this fall.

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25100-N-22nd-Lane-Phoenix-AZ
ArizonaDevelopmentHospitalityWestern

Jackson-Shaw, Holualoa Cos. to Develop 274-Room Hotel in North Phoenix

by Amy Works

PHOENIX — Texas-based Jackson-Shaw and Arizona-based Holualoa Cos. are developing a dual-branded AC Hotel by Marriott North Phoenix at Norterra and Element by Westin North Phoenix at Norterra in Phoenix. Construction is slated to begin in May 2024 for completion in late 2025. The four-story development will feature a total of 274 guest rooms, with AC Hotel by Marriot North Phoenix offering 179 guest rooms and Element by Westin North Phoenix offering 95 rooms. The property will feature 8,000 square feet of flexible meeting space, two deluxe suites, two group communal rooms, a fitness center, and resort-style courtyard with a saline pool, heated spa and lawn. Situated on three acres, the property will total 160,133 square feet. Simmons Bank is providing construction financing, Layton Construction is serving as general contractor, Cooper Cary is serving as architect and DiLeonardo as interior designer.

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Saluhall-San-Fran-CA
CaliforniaDevelopmentRestaurantRetailWestern

Ingka Centres Opens 23,000 SF Vegan-Focused Food Hall at San Francisco Meeting Place

by Amy Works

SAN FRANCISCO — Ingka Centres has opened Saluhall, a food hall at San Francisco Meeting Place largely focused on plant-based vendors. Totaling 23,000 square feet, the food hall offers a capacity for 450 seats, bars and five independent food vendors. It will operate seven days a week. Designed by Stiff + Trevillion, the two-story Saluhall features Smörgåsland, an in-house bakery restaurant; Cooking Skola, which offers cooking lessons and demonstrations; La Venganza; Casa Borinqueña; Curry Up Now; Momo Noodle; and Kayma. The majority of restaurants and eateries offer plant-based menus. KERB will operate Saluhall, which means food hall in Swedish. Ingka Centres acquired 945 Market Street in September 2020 and transformed the mall into a destination anchored by a new-format IKEA, which opened in August 2023. The gross leasable area of the meeting place is approximately 256,000 square feet, with Saluhall complemented by Ingka Centres’ Hej! Workshop with Industrious, a flexible working concept. Ingka Centres is part of the same parent company, Ingka Group, as IKEA.

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