Development

Cordish Begins Conversion of Office Building into Apartments in Kansas City’s Power & Light District

by Kristin Harlow July 12, 2023

KANSAS CITY, MO. — The Cordish Cos. has begun construction on the conversion of the historic Midland Office Building into Midland Lofts, a 135-unit apartment building in Kansas City’s Power & Light District. The project is directly connected to the Midland Theatre. In 2008, Cordish and AMC completed a two-year, multi-million-dollar renovation of the theater, which first opened its doors in 1927. The office building has been vacant for more than 20 years. Midland Lofts will feature studios and one-bedroom units. Amenities will include a coffee bar, entertainment kitchen, fitness center, coworking spaces, billiards room, club lounge, meditation room, business center, conference rooms and package system. Local Kansas City architecture and design firm Helix is the project architect, and RD Jones + Associates is the interior designer for the amenity spaces. Completion is slated for May 2024.

July 12, 2023

Development Healthcare Midwest Missouri

Tarlton Tops Out Construction of SSM Outpatient Center in O’Fallon, Missouri

by Kristin Harlow July 12, 2023

O’FALLON, MO. — Tarlton has topped out construction of a new SSM outpatient center in the St. Louis suburb of O’Fallon. Tarlton broke ground on the two-story, 66,000-square-foot project in December. Completion is slated for mid-2024. SSM Health is partnering with SSM Health Medical Group, SLUCare Physician Group and Cardinal Glennon Children’s Hospital to provide primary, specialty and pediatric services at the facility, which is situated near the Streets of Caledonia mixed-use project. ACI Boland Architects is the project architect.

July 12, 2023

Development Healthcare Midwest Minnesota

Kraus-Anderson Completes $2M Renovation of Orthopaedic Associates Office in Minnesota

by Kristin Harlow July 12, 2023

VIRGINIA, MINN. — Kraus-Anderson has completed a $2 million renovation and expansion of the Orthopaedic Associates office in Virginia, about 65 miles north of Duluth. Designed by Cuningham Group Architecture Inc., the 7,500-square-foot project features an orthopedic medical clinic, X-ray suite and physical therapy gym. The property is situated within Rock Ridge District’s administration building. Rock Ridge and Orthopaedic Associates have partnered to provide career academy learning opportunities for students.

July 12, 2023

Development Office Texas

Broadshore Capital to Renovate 349,190 SF Office Building in Houston’s Energy Corridor

by Taylor Williams July 12, 2023

HOUSTON — Broadshore Capital Partners will renovate Eldridge Oaks, a 14-story, 349,190-square-foot office building in Houston’s Energy Corridor area. The renovation will update outdoor amenities to further enhance the tenant experience and upgrade the first- and second-floor lobbies, conference center and on-site food services. The project team also plans to add a tenant lounge space and enhance other common spaces. IA Interior Architects and OJB designed the project. Stream Realty Partners is the leasing agent.

July 12, 2023

Development Multifamily Texas

McNair Interests Breaks Ground on 221-Unit Multifamily Project in Houston

by Taylor Williams July 12, 2023

HOUSTON — Locally based developer McNair Interests has broken ground on Phase II of Remy on the Trails, a 221-unit multifamily project in Houston’s Westchase neighborhood. The site at 10505 Deerwood Road spans 6.8 acres. The complex will house one-, two- and three-bedroom units that will range in size from 900 to 1,500 square feet. Amenities will include a pool, fitness center, clubroom, dog park and outdoor grilling and dining stations. Project partners include Cadence Bank (construction lender), Arch-Con Corp. (general contractor), The Preston Partnership (lead architect), MaRS (interior design) and Kimley-Horn (landscape design). The first move-ins are expected to begin in summer 2024.

July 12, 2023

Development Multifamily New Jersey Northeast

Coldwell Banker Begins Leasing 81-Unit Apartment Complex in Whippany, New Jersey

by Taylor Williams July 12, 2023

WHIPPANY, N.J. — Coldwell Banker Realty New Homes has begun leasing 34 Eden, an 81-unit apartment complex located in the Northern New Jersey community of Whippany. Units come in one-, two- and three-bedroom formats and range in size from 690 to 1,500 square feet. Amenities include a pool, fitness center, resident lounge, business center and a pet wash station. The first move-ins will begin in August. Rents start at roughly $3,000 per month for a one-bedroom apartment. The owner/developer was not disclosed.

July 12, 2023

Development Florida Mixed-Use Restaurant Retail Self-Storage Southeast

PEBB, Banyan Underway on 10-Acre Mixed-Use Project in Delray Beach, Florida

by John Nelson July 11, 2023

DELRAY BEACH, FLA. — PEBB Enterprises and Banyan Development have started construction on Atlantic II, a 10-acre mixed-use project located at 8778 W. Atlantic Ave. in Delray Beach. Upon completion, which is scheduled for mid-2024, the development will feature a 10,000-square-foot, multi-tenant retail building, 100,000 square feet of self-storage space and a car wash outparcel. The outparcel is currently under contract for sale, and Paradise Grills has signed a lease to occupy 6,000 square feet in the retail building. Liberty Investment Properties, which develops self-storage properties, is partnering with the joint venture on the development.

July 11, 2023

Development Florida Multifamily Southeast

Thompson Thrift to Develop 257-Unit Apartment Community in Sarasota, Florida

by John Nelson July 11, 2023

SARASOTA, FLA. — Thompson Thrift has announced plans for the development of The Concord, a 257-unit apartment community to be constructed on 8.5 acres in Sarasota. Upon completion, the property will feature units in one-, two- and three-bedroom layouts. Amenities at the community will include a fitness center, heated swimming pool, outdoor entertainment and grilling areas, a dog run and pet spa, social hub and work-from-home suites. Completion of the development is scheduled for fall 2024.

July 11, 2023

California Development Healthcare Western

PMB Opens UC Davis Rehabilitation Hospital in Sacramento

by Jeff Shaw July 11, 2023

SACRAMENTO, CALIF. — PMB has opened the UC Davis Rehabilitation Hospital in Sacramento. The 52-bed inpatient rehabilitation facility is located on the UC Davis Sacramento campus and offers comprehensive rehabilitation services for patients with various conditions. The hospital features state-of-the-art facilities, private rooms, therapy gyms and a therapeutic courtyard. The new facility was announced as part of a joint venture agreement between UC Davis Health and Lifepoint Rehabilitation, a business unit of Lifepoint Health. Lifepoint Rehabilitation will manage the day-to-day operations of the inpatient rehabilitation facility. The architect was Taylor Design, while the general contractor was McCarthy Building Cos.

July 11, 2023

Arizona Development Healthcare Office Western

AZGYN to Redevelop Former Banner Urgent Care Facility in Mesa, Arizona

by Jeff Shaw July 11, 2023

MESA, ARIZ. — Arizona Gynecology Associates (AZGYN) is renovating a former Banner urgent care facility in Mesa. The 4,307-square-foot medical office building will undergo exterior and interior upgrades, including the addition of an X-ray suite and a dedicated women’s urgent care center. The expanded location will triple AZGYN’s footprint in Mesa and provide enhanced healthcare services to the community. Renovations are underway for completion by the end of the year. JLL’s Mari Lederman and Katie McIntyre represented AZGYN in the acquisition. Chad Shipley and Rommie Mojahed of SVN represented the building seller, Summit Properties Group LLC.

July 11, 2023

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