Development

TCC Breaks Ground on 1.1 MSF West 101 Logistics Center in Phoenix

by Amy Works October 8, 2025

PHOENIX — Trammell Crow Co. (TCC) has broken ground on West 101 Logistics Center, a 1.1 million-square-foot industrial development in Phoenix. The five-building speculative project is slated for completion by summer 2026. Located at the southeast corner of Arizona State Route 101 and East Indian School Road, West 101 Logistics Center will include: All five buildings will include abundant auto parking and power, speculative office space, LED lighting, oversized end-cap grade-level doors, full HVAC implementation and freeway-fronting signage opportunities. Building 3 will feature a clear height of 36 feet, while the others will include a clear height of 32 feet. La Caisse (formerly CDPQ) is providing project debt. CBRE will lead marketing and leasing efforts for the entire development.

October 8, 2025

Development Montana Multifamily Seniors Housing Western

Trident Development Plans New Seniors Housing Community in Missoula, Montana

by Amy Works October 8, 2025

MISSOULA, MONT. — Trident Development is underway on plans for a new senior living community in Missoula. Situated within the Old Sawmill District, the property will feature independent living, assisted living and memory care residences. Trident’s partner, Lifespark Senior Living, will manage the community. Trident plans to break ground on the development in 2026.

October 8, 2025

Development Midwest Minnesota

Kraus-Anderson to Build $35M YMCA Facility in Bemidji, Minnesota

by Kristin Harlow October 8, 2025

BEMIDJI, MINN. — Kraus-Anderson has been selected to build a new YMCA facility on the 100 block of Minnesota Avenue in downtown Bemidji. Designed by JLG Architects, the 60,000-square-foot project will include an indoor track, aquatics center, indoor playground, party rooms and a fitness center with a weight room, exercise studios and education classrooms. The building will also include a drop-in childcare center. Funding for the $35 million project included $25 million in community donations and $10 million in YMCA financing. Groundbreaking is planned for spring 2026 with completion slated for fall 2027.

October 8, 2025

Development Florida Mixed-Use Southeast Top Stories

Partnership Proposes $2B City Park at West Kendall Mixed-Use Development in Miami

by Kristin Harlow October 8, 2025

MIAMI — A partnership between The Easton Group, Lennar and MPKA LLC has proposed City Park at West Kendall, a $2 billion, 990-acre master-planned community in Miami. The development team has filed its application with Miami-Dade County. Plans call for 7,800 new homes in a variety of price points, including townhomes, multifamily units, single-family homes and workforce housing, as well as 1.4 million square feet of retail space and 500,000 square feet of office space. At the heart of the proposed project is Village Core, a walkable town center with shops, restaurants, entertainment, plazas and a boardwalk. With the development application filed, the next step involves collaborating with local neighbors, government officials and community stakeholders to fine-tune the plan, according to Bill Albers, partner with MPKA, which is a consultant to the homebuilding industry. City Park is expected to generate $2.4 billion in annual economic output for the county. The project is also estimated to create more than 19,000 construction jobs during build-out followed by more than 13,000 permanent jobs. By reducing the need for daily commutes to job centers like downtown, Brickell, Doral and Coral Gables, City Park will also help reverse traffic patterns and ease congestion that has …

October 8, 2025

Affordable Housing Development Multifamily New York Northeast

Westhab Inc. Opens $73M Transitional Housing Complex in Brooklyn

by Taylor Williams October 7, 2025

NEW YORK CITY — Westhab Inc., a nonprofit provider of housing and human services, has opened Fort Greene Family Center, a $73 million transitional housing complex in Brooklyn. Aufgang Architects designed the 11-story building, which houses 105 units and was developed in partnership with Slate Property Group. The building also features 1,405 square feet of community facility space and recreational areas for children. In addition, residents have access to a range of onsite social services: job training programs, financial literacy training, youth services and educational support, healthcare coordination and wellness programming.

October 7, 2025

Development Industrial New Jersey Northeast

Lincoln Equities Completes 204,407 SF Industrial Project in Belleville, New Jersey

by Taylor Williams October 7, 2025

BELLEVILLE, N.J. — Locally based developer Lincoln Equities Group has completed a two-building, 204,407-square-foot industrial project in the Northern New Jersey community of Belleville. The site at 681 Main Street spans 15.2 acres, and the development consists of a 91,746-square-foot building and a 112,661-square-foot building, both of which feature clear heights of 36 feet. Combined, the buildings offer 43 dock doors, four drive-in doors and 4,732 square feet of office space. Lincoln Equities has tapped CBRE as the leasing agent.

October 7, 2025

Development Industrial Maryland Southeast

CREG, Sagard Underway on 170,000 SF Speculative Industrial Facility in Metro Baltimore

by John Nelson October 7, 2025

HAVRE DE GRACE, MD. — Chesapeake Real Estate Group (CREG) and Sagard Real Estate are underway on a new speculative industrial facility located at 1621 Clark Road in Havre de Grace, a Baltimore suburb in Harford County. The co-developers have tapped the CBRE Baltimore office to market and lease the project, which is expected to deliver in March 2026. The facility will offer 36-foot clear heights, a 180-foot truck court, 37 dock-high loading positions, 51 trailer drops, 122 vehicle parking spaces and a 2,500-square-foot speculative office suite.

October 7, 2025

Development Hospitality New Hampshire Northeast

Hideaway Inns Debuts 55-Room Flagship Property in Mount Sunapee, New Hampshire

by Taylor Williams October 7, 2025

MOUNT SUNAPEE, N.H. — Hideaway Inns has debuted its 55-room flagship property in Mount Sunapee, a ski resort town located near the Vermont-New Hampshire border. Hideaway Inn Mount Sunapee is located at the base of the mountain and offers amenities such as a library, gaming area, a putting green, coffee bar and a coworking space. Revival Hotels manages the property. Two additional Hideaway Inn properties are currently under development in Mount Snow, Vt., and Sugar Hill, N.H.

October 7, 2025

California Development Multifamily Student Housing Western

Gilbane Underway on 484-Bed Student Housing Project Near University of California, Berkeley

by Amy Works October 7, 2025

BERKELEY, CALIF. — Construction is underway on Pique, a 484-bed student housing project by Gilbane Development located at 2587 Telegraph Ave. near the University of California, Berkeley campus. The developer recently opened a leasing office for the community at 2430 Bancroft Way. The project is scheduled for completion in summer 2026. Pique will offer units in four-, five- and six-bedroom configurations. Shared amenities will include an indoor-outdoor yoga and fitness center with an outdoor sauna; outdoor study spaces; two rooftop decks separated by an indoor-outdoor club room; community terrace space; a ground floor coworking lounge; smart food lockers; and private study rooms on each floor. The community will also feature 2,900 square feet of ground-floor retail space.

October 7, 2025

Affordable Housing California Development Loans Multifamily Western

KeyBank Provides $25.9M Loan for Affordable Housing Development in Compton, California

by Amy Works October 7, 2025

COMPTON, CALIF. — KeyBank Community Development Lending and Investment has provided a $25.9 million loan to finance construction of an affordable housing development at 1434 W. Compton Blvd. in the metro Los Angeles city of Compton. The Coalition for Responsible Community Development (CRCD) has partnered with LandSpire Group to develop the 75-unit community. The project will be a three-story development consisting of studios and one- and two-bedroom units, all of which will be rent restricted at or below 50 percent of the area median income. Additional low-income housing tax credit equity and Freddie Mac permanent financing were secured from Walker & Dunlop. The total project cost was not disclosed, but a California Tax Credit Allocation Committee report from October 2024 lists the valuation at $56.8 million. Amenities will include laundry facilities, a community room, playground, landscaped courtyard, amphitheater-style seating area, sports court, onsite parking and a resident manager. Social services will be provided by CRCD and other community partners. Completion is slated for May 2027. CRCD and LandSpire Group have forged a partnership to create more than 1,000 permanent supportive and affordable housing units across the greater Los Angeles area over the next decade.

October 7, 2025

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