Development

Big V Property Group Underway on 175,300 SF Retail Project in Anna, Texas

by Taylor Williams October 20, 2025

ANNA, TEXAS — Charlotte-based Big V Property Group is underway on construction of a 175,300-square-foot retail project in Anna, located north of Dallas in Collin County, that will be known as Rosamond Crossing Southeast. Kroger will anchor the center, which is 70 percent preleased to tenants including Bank of America, Chase Bank, Jimmy John’s and McDonald’s. Permitting and preliminary sitework are underway, and vertical construction is expected to begin in April 2026, with a tentative opening targeted for April 2027. Financing sources for Rosamond Crossing Southeast include Equity Street Capital and Valley Bank. The Seitz Group, a division of leasing and management company The Retail Connection, is also a partner on the project.

October 20, 2025

Acquisitions Arizona Development Industrial Western

Conor Commercial, Globe Corp. Plan Four-Building Industrial Project in Phoenix

by Amy Works October 20, 2025

PHOENIX — Conor Commercial Real Estate, along with Globe Corp. as capital partner, has won the auction for a 40-acre parcel of land at East Deer Valley Drive and North 7th Street in Phoenix. Conor won the land site with a $24.7 million bid. The company plans to develop a 453,708-square-foot industrial project with four buildings ranging from 88,512 square feet to 167,040 square feet. The buildings will be designed for light distribution, assembly or advanced manufacturing with 32- to 36-foot clear heights, a minimum of 3,000-amp electrical service for each building, oversized drive-in doors and abundant employee parking. Construction is slated to begin in early second-quarter 2026 with completion planned for late in the second quarter of 2027. McShane Construction Co. and Ware Malcomb will provide design-build services and Kimley-Horn will provide civil engineering services for the project.

October 20, 2025

Arizona Development Healthcare Western

Irgens Breaks Ground on Two-Phase Cielo Vista Medical Commons in Peoria, Arizona

by Amy Works October 20, 2025

PEORIA, ARIZ. — Irgens has broken ground on Cielo Vista Medical Commons, a two-phased medical office building development at 26425 N. Lake Pleasant Parkway in Peoria. The project will deliver up to 80,000 square feet of rentable space across two buildings on 6.6 acres. Sheila Bale and Erika Eckblad of Cushman & Wakefield are marketing the property for lease. Phase I will include the Lake Building, a single-story, 30,178-square-foot, multi-tenant medical office building with adjacent parking and site infrastructure. Completion is slated for June 2026. Phase II will feature the Summit Building, a two-story, 50,000-square-foot multi-tenant office building equipped with a gurney-sized elevator and additional parking. Delivered in shell condition, both buildings will feature brick masonry facades, flexible floor plates and state-of-the-art HVAC systems.

October 20, 2025

Development Multifamily North Carolina Southeast

Alliance Residential to Develop 270-Unit Broadstone RTP Apartments in Durham

by John Nelson October 20, 2025

DURHAM, N.C. — Arizona-based Alliance Residential Co. has acquired approximately 14 acres of land in Durham for Broadstone RTP, a 270-unit project about four miles north of Research Triangle Park. The site is located at 2610 S. Miami Blvd. The project’s Raleigh-based team includes McAdams Co. (civil engineering), Cline Design (architecture) and MAD Studio Interiors (interior design). Broadstone RTP will include one three-story residential building, three four-story residential buildings and a freestanding clubhouse. Units will feature granite countertops, stainless steel appliances, wood-style flooring, walk-in closets and full-sized washers and dryers. Amenities include a clubhouse with a leasing center, private offices for residents, a 24-hour fitness center and a mailroom equipped with secure package lockers. Residents will also have access to a resort-style pool, an outdoor kitchen and grilling area and a dog park. Completion is slated for late 2026.

October 20, 2025

Civic Development Midwest Minnesota

Kraus-Anderson Completes $46.6M Redwood Valley Elementary School in Minnesota

by Kristin Harlow October 20, 2025

REDWOOD FALLS, MINN. — Kraus-Anderson has completed the new $46.6 million Redwood Valley Elementary School at 201 McPhail Drive in southern Minnesota’s Redwood Falls. Designed by Wold Architects and Engineers, the 85,639-square-foot, two-story project features classrooms, early childhood education, special education, a media center, flex spaces, a gym, cafeteria, storm shelter and secured entries. There are three outdoor play spaces as well as a bus loop, parent drop-off area, parking lots and sidewalks. Construction began in May 2024.

October 20, 2025

Civic Development Midwest Missouri

Nabholz Construction Breaks Ground on Fire Safety Facilities, Community Hub in Sedalia, Missouri

by Kristin Harlow October 20, 2025

SEDALIA, MO. — Nabholz Construction Corp. has broken ground on a new fire station, training facility and bowling alley in central Missouri’s Sedalia. Hoefer Welker designed the facilities. The 8,585-square-foot fire station will replace the previous facility. it will feature a three-bay fire apparatus facility with six bunk rooms, a dayroom and a fitness room. The station will be built with a hot zone design approach, decreasing firefighters’ exposure to smoke, carcinogens and toxic chemicals, according to Hoefer Welker. There will also be a dedicated gear decontamination area and advanced air pressurization and thermal comfort systems. Adjacent to the new fire station, the 2,749-square-foot fire training facility will house two fire apparatus bays and include a workshop and restrooms within the pre-engineered metal building. A separately designed burn tower will serve as a comprehensive classroom. The project will also include an 18,775-squarefoot, 16-lane bowling alley with a commercial kitchen and e-sports center. The bowling alley is being funded through a combination of city funds and a donation from Sue Heckert, a notable donor to several city projects, including the Heckert Community Center. Additional project partners include BHC Engineering, Landworks Studio, Bob D. Campbell & Co. and IMEG.

October 20, 2025

Development Multifamily Retail South Carolina Southeast

Astral, Steady Capital to Develop 483,106 SF Mixed-Use Multifamily Property in Columbia, South Carolina

by Abby Cox October 17, 2025

COLUMBIA, S.C. — Astral Development and Steady Capital have announced plans to develop a 483,106-square-foot mixed-use multifamily property at the intersection of Bull Street and Elmwood Avenue in Columbia. Upon completion, the project will feature 288 apartments and more than 22,000 square feet of retail space. Plans include six end-cap retail spaces, patio seating, pedestrian walkways and garage and street parking. Ahead of construction, Astral will collaborate with local groups to activate portions of eight adjacent properties to bring community engagement to the space. Completion of the project is scheduled for summer 2028. Axoim Architects and Elford Construction will oversee the design and pre-construction efforts, and Crosland Barnes Group and Cushman & Wakefield are handling leasing for the ground-level retail space. The multifamily component of the project will comprise 236 one-bedroom units, 33 two-bedroom units and 19 three-bedroom units. The ground level will include a fitness center, lobby, leasing office and a dedicated space for bike parking.

October 17, 2025

Development Florida Multifamily Southeast

Catalyst Development Completes 288-Unit Luxury Apartment Community in Ocala, Florida

by Abby Cox October 17, 2025

OCALA, FLA. — Catalyst Development Partners has completed The Darley, a 288-unit luxury apartment community located within the Heath Brook master-planned development in Ocala, roughly 35 miles southeast of Gainesville. Spanning seven buildings, The Darley offers one-, two- and three-bedroom floorplans ranging in size from 701 square feet to 1,347 square feet. Amenities at the complex include a freestanding clubhouse, 24-hour fitness center and coworking spaces. Residents also have access to additional outdoor amenities including a resort-style swimming pool, grill stations, pub-style dining areas, semi-private cabanas with garden daybeds, an entertainment pavilion, pickleball court, dog wash station and dog park. Electric vehicle charging stations are also available throughout the community. The property was more than 50 percent preleased upon completion of the development.

October 17, 2025

Development Hospitality Texas

Kintetsu Group Begins Construction on 217-Room Hotel in Plano, Texas

by Taylor Williams October 17, 2025

PLANO, TEXAS — Kintetsu Group Holdings Co. has begun construction on a 217-room hotel in Plano, located northeast of Dallas, that will be operated under the Japanese conglomerate’s Miyako Hotels & Resorts brand. Designed by Gensler with interiors by Looney & Associates, the Miyako Hybrid Hotel Plano will be a 12-story building that will house a traditional Japanese restaurant, lobby bar, Japanese bakery, banquet and meeting space and a rooftop bar and outdoor pool. The Beck Group is the general contractor for the project, which is expected to be complete in fall 2027.

October 17, 2025

Development Hospitality Texas

Manhattan Construction Breaks Ground on 211,000 SF Academic Project at Texas A&M University

by Taylor Williams October 17, 2025

COLLEGE STATION, TEXAS — General contractor Manhattan Construction Co. has broken ground on a 211,000-square-foot academic project on the campus of Texas A&M University in College Station. The Aplin Center, named after Arch “Beaver” Aplin III, the founder of truck stop and convenience store chain Buc-ees, will house immersive learning labs for students enrolled in the College of Agriculture and Life Sciences and the Mays Business School. DLR Group and Pickard-Chilton co-designed The Aplin Center, which is expected to open in 2028.

October 17, 2025

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