Development

McWhinney Nears Completion of 31-Story Hyatt-Branded Hotel in Downtown Austin

by Taylor Williams November 28, 2022

AUSTIN, TEXAS — Colorado-based developer McWhinney is nearing completion of the Hyatt Centric Congress Avenue Austin, a 31-story hotel that will be located at 721 Congress Ave. in downtown Austin. Designed by Nelsen Partners with interiors by UCO Studio, the hotel will comprise 246 rooms, including five suites, as well as 2,560 square feet of meeting and event space. Lastly, the hotel will house multiple food-and-beverage concepts, including a restaurant from chef Steve McHugh. The official opening is scheduled for Feb. 1, 2023.

November 28, 2022

Development Mixed-Use New York Northeast

Reports: New York City Council Approves $2B Mixed-Use Project in Queens

by Taylor Williams November 28, 2022

NEW YORK CITY — The New York City Council has approved Innovation QNS, a $2 billion mixed-use project that will be located in the Astoria neighborhood of Queens, according to reports from multiple news outlets such as Crain’s New York Business and Patch. A partnership between BedRock Real Estate Partners, Kaufman Astoria Studios and Silverstein Properties is developing Innovation QNS, which will span five city blocks and will be an expansion of the Kaufman Arts District. The various reports differ on the exact size of the multifamily component, but the project page on the website of Silverstein Properties states that plans call for approximately 2,700 units, about 700 of which will be affordable. In addition, Innovation QNS will feature 200,000 square feet of retail, restaurant and entertainment space, as well as 250,000 square feet of office space, a grammar school that can support 600 students, health and wellness facilities and two acres of programmable outdoor space.

November 28, 2022

Development Multifamily New Jersey Northeast

Garden Communities Begins Leasing 377-Unit Jefferson Apartments in Hackensack, New Jersey

by Taylor Williams November 28, 2022

HACKENSACK, N.J. — Locally based developer Garden Communities has begun leasing The Jefferson, a 377-unit apartment community located outside of New York City in Hackensack. Designed by Minno & Wasko Architects & Planners, The Jefferson features one- and two- bedroom units ranging in size from 735 to 1,598 square feet, with most residences offering private balconies/patios. Communal amenities include a pool, fitness center, business center, private bowling alley, a billiards and entertainment room, golf simulator, children’s playroom, outdoor grilling and dining areas and a dog park. Rents start at $2,240 per month for a one-bedroom apartment.

November 28, 2022

Development Industrial New Jersey Northeast

CenterPoint Breaks Ground on 321,875 SF Industrial Project in Linden, New Jersey

by Taylor Williams November 28, 2022

LINDEN, N.J. — Chicago-based investment and development firm CenterPoint Properties has broken ground on a 321,875-square-foot industrial project in the Northern New Jersey community of Linden. The site, which formerly housed a Walmart-anchored shopping center, is located within four miles of two I-95 interchanges. Building features will include a clear height of 40 feet, 50 loading docks with room to expand and parking for up to 100 trailers and some 250 cars. Completion is slated for August 2023. CenterPoint has tapped Cushman & Wakefield to lease the development.

November 28, 2022

Civic Development Midwest Minnesota

Kraus-Anderson Completes $6.1M Early Childhood Center for Pine Island Schools in Minnesota

by Kristin Harlow November 28, 2022

PINE ISLAND, MINN. — Kraus-Anderson Construction has completed a $6.1 million early childhood center for Pine Island Schools. The 20,356-square-foot project is located at 223 1st Ave. SE in Pine Island, about 17 miles north of Rochester. Designed by Wendel Architects, the two-story early childhood center features classrooms and a 2,000-square-foot multipurpose area. There are also indoor and outdoor playgrounds and offices for staff.

November 28, 2022

Civic Development Industrial New York Northeast Top Stories

Public-Private Partnership Plans $4.2B Terminal Redevelopment at JFK Airport

by Taylor Williams November 28, 2022

NEW YORK CITY — A public-private partnership between The Port Authority of New York & New Jersey and JFK Millennium Partners (JMP) has released plans for a $4.2 billion redevelopment of Terminal 6 at John F. Kennedy International Airport in New York City. The redeveloped terminal, which will be located on the airport’s north side and offer international flight services, will span 1.2 million square feet. The new Terminal 6 will also connect to Terminal 5, which JetBlue owns and operates, and eventually replace the existing Terminal 7, which will be demolished. Lufthansa Group, which comprises Lufthansa, SWISS, Austrian Airlines and Brussels Airlines, will operate out of Terminal 6 along with JetBlue and other international airlines. The new terminal will feature updated international passenger processing, ticketing counters and passenger security screening, as well as 100,000 square feet of concession spaces and airport lounges. The developers say the project will add more than 4,000 jobs to the local economy. The first gates are scheduled to open in early 2026, with full project completion slated for 2028. In addition to airport-specific upgrades, the development team will deliver infrastructural improvements that are designed to reduce congestion and delays within the airspace and on …

November 28, 2022

Development Georgia Industrial Southeast

Seefried Begins Site Work for 4 MSF Industrial Park Near Port of Savannah

by John Nelson November 23, 2022

SAVANNAH, GA. — Seefried Properties has begun site work at Live Oak Logistics Center, a 287-acre industrial park located within six miles of the Port of Savannah’s Garden City Terminal. The site is entitled for 4 million square feet of industrial space at full buildout. Live Oak’s first building is set to be delivered in the fourth quarter of 2023 and will span 669,760 square feet. The cross-dock facility will be built on a speculative basis. Stephen Ezelle and Bob Robers of Cushman & Wakefield are handling the leasing efforts on behalf of Seefried. Facilities at Live Oak will range from 252,000 to 1.4 million square feet in size across five buildings, according to Seefried. The park is situated near I-16, I-95 and near the future 16 million-square-foot Hyundai electric vehicle assembly and battery campus, which is set to open in 2025.

November 23, 2022

Development Midwest Missouri Multifamily

Tegethoff Development Completes $90M Transit-Oriented Apartment Project in St. Louis

by Kristin Harlow November 23, 2022

ST. LOUIS — Tegethoff Development has completed Expo at Forest Park, a $90 million transit-oriented apartment development in St. Louis. The project is adjacent to the Forest Park-DeBaliviere MetroLink Station in the historic Skinker-DeBaliviere neighborhood. Expo at Forest Park includes two buildings with 287 units, along with parking, amenities and 30,000 square feet of retail space. The north building opened in August, while the south building will open in the next few weeks. More than half of the new residents do not own cars, according to Tegethoff. Bi-State Development operates the Metro Transit system that serves eastern Missouri and southwestern Illinois. Bi-State has worked to create a safer, more secure public transit system. Trivers assisted in architecture, planning, urban design and interiors for Expo at Forest Park. Trivers collaborated with associate architect HOK and general contractor Brinkmann Constructors.

November 23, 2022

Development Hospitality Michigan Midwest

Michigan’s Bavarian Inn Lodge to Undergo $80M Expansion

by Kristin Harlow November 23, 2022

FRANKENMUTH, MICH. — The Bavarian Inn Lodge in Frankenmuth, a city in central Michigan known for its Bavarian-style architecture, is set to undergo an $80 million expansion. The project will significantly enhance the lodge’s water park amenities and family entertainment offerings. A groundbreaking ceremony is scheduled for Tuesday, Dec. 13. Once the project is completed, the Bavarian Inn Lodge will be home to Michigan’s largest indoor water park and family entertainment center at more than 140,000 square feet. Completion is slated for spring 2024, but some portions are scheduled to open in late 2023. R.C. Hendrick & Son Inc., which built all previous six phases of the lodge, is the general contractor. The property will remain open throughout the expansion project.

November 23, 2022

Development Midwest Missouri Multifamily

Holland Construction Services Completes Phase II of Sunnen Station Apartment Complex in Missouri

by Kristin Harlow November 23, 2022

MAPLEWOOD, MO. — Holland Construction Services has completed Phase II of the Sunnen Station apartment complex in Maplewood, a western suburb of St. Louis. Phase II encompasses a four-story, 121-unit building with an attached 61,000-square-foot parking garage with 187 spaces. The Sunnen Family developed the project in conjunction with Cozad Commercial Real Estate. Tim Sandweg was the architect. Phase I of Sunnen Station, which Holland completed in 2017, is fully leased. Monthly rents start at $960 for studios.

November 23, 2022

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