Development

BAYTOWN, TEXAS — Locally based developer Welcome Group had delivered two industrial buildings totaling 40,080 square feet in Baytown, an eastern suburb of Houston. The twin buildings are situated on a 4.3-acre site within the TGS Cedar Port Industrial Park master-planned development. Project partners include Tomorrow Planning (architect), KDW (general contractor) and Simmons Bank (construction lender). Welcome Group is also leasing the buildings, each of which also houses 2,200 square feet of office space.

FacebookTwitterLinkedinEmail

HUNTSVILLE, ALA. — Rockefeller Group and T2 Capital Management have begun leasing Vista at Councill Square, a 332-unit apartment development in downtown Huntsville. Designed by Matheny Goldmon Architecture + Interiors and OKW Architects, the six-story property will feature a mix of studio, one-, two- and three-bedroom apartments, including a few two-level townhomes. Monthly rental rates at Vista at Councill Square will begin at $1,403. Amenities will include two dedicated coworking spaces on the first and sixth floors, a fitness center with a yoga and meditation room, hospitality unit available for residents’ guests to rent nightly, EV charging stations in the garage, a game room and lounge, bike storage, pet spa and a rooftop pool deck.

FacebookTwitterLinkedinEmail

LILBURN, GA. — Locally based multifamily development and management firm RangeWater Real Estate has partnered with the City of Lilburn and Dallas-based The Meridian Group to develop a 269-unit apartment community in Lilburn, a northeast suburb of Atlanta in Gwinnett County. RangeWater acquired the four-acre site at 45 Railroad Ave. in Old Town Lilburn near Lilburn City Park. RangeWater and its partners worked closely with the Downtown Development Authority on the project, which will include a public-private parking garage. The unnamed property will offer studio, one-, two- and three-bedroom apartments, spanning in size from 537 to 1,578 square feet. Amenities will include a boutique gym and wellness facility, coworking space, dog spa, resident bar, lounge with vaulted ceilings, swimming pool, outdoor grills, gardens for resident al-fresco dining, a public/private amphitheater-style courtyard and a trailhead for Camp Creek Greenway Trail. The development team plans to break ground this spring and wrap up construction in late 2026.

FacebookTwitterLinkedinEmail

COLUMBIA, S.C. — Stratus Development Group has broken ground on Pickens Corner, a 60-bed student housing development located at 480 S. Pickens St. near the University of South Carolina campus in Columbia. Located in the city’s Rosewood neighborhood, Pickens Corner will offer townhomes featuring three bedrooms and three-and-a-half bathrooms. Completion on the project is scheduled for August 2025.

FacebookTwitterLinkedinEmail

CHATTANOOGA, TENN. — Swinerton has begun the $4.5 million renovation of a T-Mobile call center in Chattanooga. The facility houses desks and offices for 936 T-Mobile employees and will remain open during construction. The overhaul of the 13,161-square-foot facility is expected to last about six months. Kansas City-based Perspective Architecture + Design is overseeing the design of the renovation, which will include upgrading the security desk and surrounding area with new doors, millwork, flooring and ceiling; transforming underutilized space into a mother’s room, wellness room and additional restroom; adding two restrooms and upgrading an existing restroom for all-gender use; installing audio/visual equipment and a security system featuring video monitoring; upgrading the lobby with new front doors, lighting, ceiling, furniture and branding elements; improving the cafeteria and kitchen by expanding the back-of-house, upgrading finishes and installing new culinary and ventilation equipment; adding new furniture, grills, fans and lounge area to the outdoor patio; and installing two parking lot EV chargers.

FacebookTwitterLinkedinEmail
4301-Vermont-Ave-Los-Angeles-CA

LOS ANGELES — Walker & Dunlop has arranged $34.8 million in construction financing for 4301 Vermont, an affordable housing development in Los Angeles. Chris Montes of Walker & Dunlop secured the loan on behalf of the client, SoLa, and identified the lender as ACORE Capital. The five-story multifamily complex will offer 188 affordable residences at 4301 Vermont Ave. Approximately 80 percent of the units will be designated for low-income residents, while 20 percent will be reserved for moderate-income residents. The project will feature prefabricated modular units supplied by Model Z, a subsidiary of SoLa Impact.

FacebookTwitterLinkedinEmail
5770-Industrial-Pkwy-San-Bernardino-CA

LOS ANGELES — Dedeaux Properties has received certificates of occupancy on five recently completed industrial developments totaling approximately 850,000 square feet in Southern California. The projects include a 167,000-square-foot warehouse in Ontario, a 326,000-square-foot warehouse in Riverside, a 165,000-square-foot high-velocity distribution center in Fontana, a 53,000-square-foot cross-dock facility in Perris, a 52,000-square-foot cross-dock property in San Bernardino and an 83,000-square-foot distribution facility in Rialto.

FacebookTwitterLinkedinEmail
701-E-Ball-Rd-Anaheim-CA

ANAHEIM, CALIF. — Voit Real Estate Services, in partnership with Hines as the owner, has broken ground on an industrial project located at 701 E. Ball Road in Anaheim. Situated on 7 acres, the 139,535-square-foot Class A industrial property is slated for completion in November. Seth Davenport, Adam Hill, Mitch Zehner and Michael Zehner of Voit Real Estate Services are handling marking, sale and leasing efforts for the project.

FacebookTwitterLinkedinEmail

MANCHESTER, MO. — Holland Construction Services and architect HDA have completed an exterior renovation of Mungenast Lexus of St. Louis, a 70,000-square-foot auto dealership in the western St. Louis suburb of Manchester. The project included metal cladding, dark column accents and a new entryway with a prominent Lexus logo. The building features a two-story showroom, 32 service bays, a café and car wash/detail area. HDA originally designed the facility in 2009 as the first LEED Silver-certified Lexus auto dealership in the country.

FacebookTwitterLinkedinEmail

HSINCHU, TAIWAN —TSMC (NYSE: TSM), a Taiwanese manufacturer of semiconductors, has announced plans to invest at least $100 billion in the United States, which would bring the company’s total investment in its U.S. manufacturing base to $165 billion. As part of the new round of investment, TSMC plans to develop three more fabs (i.e. manufacturing plants), two advanced packaging facilities and a major research-and-development (R&D) center in Arizona. Once fully realized, the project will be solidified as the “largest single foreign direct investment in U.S. history,” according to TSMC. The construction timeline was not disclosed, but U.S. President Donald Trump and TSMC CEO C.C. Wei announced the investment at a press conference on Monday, with Trump saying the investment will be made “over the next short period of time.” TSMC’s expanded investment is expected to support 40,000 construction jobs over the next four years and create tens of thousands of high-tech jobs in advanced chip manufacturing and R&D, which Trump said would range between 20,000 and 25,000 jobs. Yahoo! Finance reported that Intel is currently the only computer chip manufacturer with a dedicated R&D center in the United States. TSMC is currently building out its 1,100-acre campus in north Phoenix, …

FacebookTwitterLinkedinEmail