SHAWNEE, OKLA. — GF Central Plastics has opened a 150,000-square-foot metals manufacturing facility in Shawnee, an eastern suburb of Oklahoma City. The facility will complement GF Central’s existing 500,000-square-foot plastic and metals manufacturing plant in Shawnee. Project partners included TAP Architecture, Entegrity Energy Partners, Coalign Group, Cedar Creek Inc. and Evans General Contractors. A grand opening ceremony took place in mid-October, and the facility is expected to be fully operational by next April.
Development
CELINA, TEXAS — Metro Nashville-based GBT Realty Corp. will develop Preston Crossroads, a 56,000-square-foot neighborhood shopping center that will be located in the North Texas city of Celina. Sprouts Farmers Market will anchor the center with a 23,262-square-foot grocery store. Preston Crossroads will feature an additional 33,000 or so square feet of inline retail space across three buildings. Construction is scheduled to begin in January and to be complete in summer 2027.
RIDGEFIELD PARK, N.J. — A partnership between KABR Group and Hornrock Properties has broken ground on a 216-unit multifamily project in the Northern New Jersey community of Ridgefield Park. The site at 95 Challenger Road is located within Overpeck Corporate Center, a 60-acre mixed-use development. Designed by Minno & Wasko Architects and Planners, the six-story building will feature a mix of studio, one- and two-bedroom residences, 22 of which will be set aside as affordable housing. Rent caps were not disclosed. Amenities will include an outdoor pool, a lounge and café, coworking spaces, a game room with a golf simulator, a children’s playroom, a pet spa and a fitness center. Residents will also have access to 2,000 square feet of ground-floor retail space. Completion is slated for 2028.
STAFFORD COUNTY, VA. — Vantage Data Centers will invest $2 billion to develop a 929,000-square-foot data center campus in Stafford County, which is situated near Fredericksburg, Va., and approximately 40 miles south of Washington, D.C. The new 192-megawatt (MW) campus, dubbed VA4, is situated just roughly 54 miles from Vantage’s three existing Virginia campuses in Northern Virginia’s “Data Center Alley” and brings the company’s statewide capacity to 782 MW with a combined investment of approximately $8 billion. Development of the new campus is expected to create 1,100 construction jobs and at least 50 permanent operations jobs. The first building at VA4 is scheduled to open in late 2027. VA4 will be built to achieve LEED Silver certification, in alignment with Vantage’s “sustainable by design” blueprint. The center will also utilize a closed-loop chilled water system that minimizes the need for large volumes of water. Additionally, VA4 will feature liquid-to-liquid cooling with coolant distribution unit (CDU) equipment, which can handle 100 percent of critical IT workloads.
Vista Residential, Virtus Secure Construction Financing for 304-Unit Apartment Development in Metro Atlanta
by Abby Cox
MABLETON, GA. — A partnership between Vista Residential Partners and Virtus Real Estate Group has secured construction financing for Mill Grove Vista, a 304-unit, garden-style apartment development located in Mableton, approximately 14 miles west of downtown Atlanta in Cobb County. The multifamily community will sit at the heart of a future 23.6-acre mixed-use development that will feature a civic building, townhomes and retail space, along with Mill Grove Vista. Nationwide Mutual Insurance Co. will provide financing for the project. Apex Multifamily Construction, a Vista affiliate, will serve as general contractor. Mill Grove Vista will feature a mix of one-, two- and three-bedroom apartments across 12 residential buildings. The average unit size will total roughly 917 square feet. Amenities at the community will include a fitness center, resort-style swimming pool, clubroom with a coffee bar, coworking spaces, parcel room, dog park and a playground. Vertical construction on Mill Grove Vista is anticipated to start early next year, with completion scheduled for the end of 2027.
MARQUETTE, MICH. — Woda Cooper Cos. Inc. and the Keweenaw Bay Indian Community (KBIC) have opened Black Rock Crossing, a 50-unit affordable housing project in Marquette. The property features 26 one-bedroom units and 24 two-bedroom apartments for residents who earn between 30 to 80 percent of the area median income. Nine of the units are set aside for members of KBIC, and five units are adapted for people with mobility disabilities or sight/hearing challenges. Monthly rents range from $302 to $1,175, depending on income limits and size of unit. Amenities include a second-floor outdoor terrace, multipurpose room, fitness center, common laundry and outdoor playground area. The building is certified as LEED Zero Energy, which will result in lower energy costs for residents. The Michigan State Housing Development Authority allocated housing tax credits, which were purchased by KeyBank Community Development Lending and Investment to provide equity financing. KeyBank also provided a construction loan. Cedar Rapids Bank & Trust provided the permanent mortgage. The City of Marquette approved a Payment in Lieu of Taxes, and the Marquette Housing Commission provided eight project-based vouchers for rental assistance. PCI Design Group Inc. was the architect, and Woda Construction Inc. served as general contractor. Woda …
ATLANTA — New York City-based developer Rockefeller Group has topped out 1072 West Peachtree, a 60-story mixed-use building in Midtown Atlanta. According to the development team, upon completion, which is set for next spring, 1072 West Peachtree will be the tallest building constructed in Atlanta in the past three decades. Plans for the building currently call for 224,000 square feet of office space across eight floors, 357 multifamily units and 6,300 square feet of ground-floor retail and restaurant space. In addition to its office and residential components, the building will offer roughly 43,000 square feet of indoor and outdoor amenities. Specific amenities will include a resort-style athletic club with strength and cardio training areas and full-service locker rooms, as well as wellness-focused offerings such as private spa treatment rooms, sauna rooms, frost lockers and recovery spaces. In addition, the club will also include an indoor Pilates studio, a private training studio and a pickleball court. Lastly, 1072 West Peachtree will feature the Sky Garden. According to the developer, The Sky Garden will be Midtown Atlanta’s largest outdoor deck, designed with seating areas for collaboration or relaxation, as well as a lawn FOR gathering, gaming and hosting events. Turner Construction is …
DALLAS — Developer IAC Properties has completed an approximately 435,000-square-foot speculative industrial project in South Dallas. IAC Beckleymeade is a two-building development that sits on a 28.2-acre site. The buildings total 234,900 and 199,800 square feet and include 81 dock doors and 5,500 square feet of office space. Azimuth Architecture designed the project, and Krusinski Construction Co. served as the general contractor. Construction began last summer.
SUGAR LAND, TEXAS — Applied Optoelectronics Inc. (NASDAQ: AAOI), a provider of advanced optical and hybrid fiber coax networking products, will open a 210,000-square-foot manufacturing facility in Sugar Land, a southwestern suburb of Houston. The initiative represents a capital investment of about $150 million and is expected to add about 500 new jobs to the local economy over the next five years. The facility is expected to be operational by summer 2026.
ROBINSON TOWNSHIP, PA. — A partnership between two Indiana-based firms, developer Milhaus and investment group BAM Capital, has completed a 272-unit apartment complex located just west of Pittsburgh in Robinson Township. Known as Nox Living, the property offers studio, one-, two- and three-bedroom floor plans and amenities such as a pool, fitness center, coworking space, pickleball court, resident lounge and outdoor grilling and dining stations. Rents start at roughly $1,650 per month for a studio apartment, according to the property website.