Tuesday, March 24, 2026
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Development

Affordable HousingDevelopmentMultifamilyNew YorkNortheast

Partnership to Undertake $272.6M Affordable Housing Renovation Project in East Harlem

by Taylor Williams

NEW YORK CITY — A partnership between two nonprofit organizations, The Community Builders and Ascendant Neighborhood Development, along with the New York City Housing Authority (NYCHA), will undertake a $272.6 million affordable housing renovation project in East Harlem. The project will rehabilitate 523 apartments that are housed across four buildings within two complexes — Metro North Plaza and Gaylord White Houses — and which are home to about 800 residents. The project will preserve the affordability of the units and will also enhance shared indoor spaces, common outdoor areas and building infrastructural systems. Specifically, façades will be repaired; roofs will be repaired or replaced; new windows will be installed; and elevators will be overhauled. Financing for the project stems from the NYCHA Permanent Affordability Commitment Together (PACT) program.  Wavecrest Management will handle day-to-day property management at the developments. Merchants Capital has provided $100 million in financing for the project.

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Broadcast-District-at-Spring-Township-Wyomissing-Pennsylvania
DevelopmentMixed-UseNortheastPennsylvania

SJC, Concordia to Develop Mixed-Use Project in Wyomissing, Pennsylvania

by Taylor Williams

WYOMISSING, PA. — A partnership between Atlanta-based SJC Ventures and Washington, D.C.-based Concordia Group will develop Broadcast District at Spring Township, a mixed-use project in Wyomissing, a suburb of Reading. The development will feature 441 residential townhomes and single-family homes by Lennar and 341 apartments by SJC, as well as a 120,000-square-foot retail center that will be anchored by a 35,000-square-foot Whole Foods Market. Other retailers that have committed to the project include MyEyeDr., Sephora, Nothing Bundt Cakes, European Wax Center, Shake Shack, First Watch and BJ’s Restaurant & Brewhouse. Construction is scheduled to begin early next year.

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Thorndal-Circle-Darien
ConnecticutDevelopmentMultifamilyNortheast

High Street Residential Breaks Ground on 175-Unit Multifamily Project in Darien

by Taylor Williams

DARIEN, CONN. — High Street Residential, a subsidiary of Trammell Crow Co., has broken ground on Thorndal Circle, a 175-unit multifamily project in Darien, located in southern coastal Connecticut. The five-building complex will be situated on an 11-acre site and will house studio, one- and two-bedroom units. Amenities will include a pool, clubhouse, coworking lounge, fitness center, spa and wellness area, golf simulator and a demonstration kitchen. Construction is scheduled for a mid-2027 completion.

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DevelopmentMidwestMissouriMultifamily

Cordish Completes $3M Renovation of One Light Luxury Apartments in Kansas City

by Kristin Harlow

KANSAS CITY, MO. — The Cordish Cos. has completed a $3 million renovation of One Light Luxury Apartments coinciding with the property’s 10th anniversary. The apartment building, located in Kansas City’s Power & Light District, rises 25 stories with 307 units. The newly renovated lobby features updated lighting, contemporary artwork and enhanced seating areas as well as an expanded Luxer One package system to include refrigerated lockers. The third-floor amenity spaces feature a fully renovated theater and social room with a high-definition LED screen and billiards table, enhanced conference facilities and an expanded package room. The fourth-floor amenity spaces include a refreshed demonstration kitchen and the addition of new coworking booths and flexible workspaces in the clubroom. The lounge area has been updated with a new fireplace as well as new flooring and finishes. The leasing office was also redesigned with modern finishes. Residential floors throughout the building have undergone a complete refresh with new carpet, updated lighting, fresh paint and upgraded elevator vestibules.

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Park-Six35-Dallas
DevelopmentIndustrialTexas

Alliance Industrial Breaks Ground on 362,065 SF Project in North Dallas

by Taylor Williams

DALLAS — Houston-based developer Alliance Industrial has broken ground on Park Six35, a 362,065-square-foot project in North Dallas. The site is located in the Valwood submarket, which lies at the junction of interstates 35 and 635, and the development will feature three buildings that will be able to support users with requirements ranging from 35,000 to 146,000 square feet. Buildings will have rear-load configurations and 32-foot clear heights. Demolitions of existing structures on the site are underway, and the groundbreaking of the new buildings is scheduled to occur before the end of the year. Holt Lunsford Commercial has been tapped as the leasing agent.

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Chula Vista Storage will feature 123,582 square feet of self-storage space.
CaliforniaDevelopmentIndustrialLoansProperty TypeSelf-StorageWestern

UTEX Storage Partners Receives $23.4M in Construction Financing for Self-Storage Project in Chula Vista, California

by Amy Works

CHULA VISTA, CALIF. — UTEX Storage Partners has obtained $23.4 million in nonrecourse construction financing for Chula Vista Storage, a to-be-built self-storage facility in Chula Vista. Brian Somoza led the JLL team in arranging the four-year, floating-rate loan through a life insurance company. Upon delivery in 2026, Chula Vista Storage will offer 123,582 square feet of storage space within two three-story buildings. The facility will feature an onsite office, security, a 24-hour surveillance system, controlled access, climate-controlled units and boat/RV storage. The property is located on 9.3 acres near the intersection of South Bay Expressway and Eastlake Drive, approximately 12 miles southeast of downtown San Diego. A REIT third-party management platform will operate and manage the property.

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Liberty-Corner-SLC-UT
Affordable HousingDevelopmentMultifamilyUtahWestern

Cowboy Partners Breaks Ground on 200-Unit Affordable Housing Project in Salt Lake City

by Amy Works

SALT LAKE CITY — Cowboy Partners, with MVE + Partners as architect, has broken ground on Liberty Corner, an affordable housing property in Salt Lake City. The 387,857-square-foot, ground-up community will feature 200 apartments. Salt Lake City-based Cowboy Partners is a multifamily and mixed-use developer.

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Woodstock Mill District
DevelopmentGeorgiaRetailSoutheast

Connolly Underway on 118,000 SF Woodstock Mill District Shopping Center in Metro Atlanta

by Abby Cox

WOODSTOCK, GA. — Atlanta-based real estate developer and investor Connolly has begun construction on Woodstock Mill District, a 118,000-square-foot shopping center located in the Atlanta suburb of Woodstock. The property is slated to open in phases throughout the second half of 2026. Ameris Bank is providing construction financing for the project. Scott McGregor and Bo Schill of CBRE represented Connolly in the land acquisition, while John Haynes, also with CBRE, represented the land seller. The project team features Place Maker Design (architect), Robertson Loia Roof PC (civil engineer) and Benning Construction (general contractor). Woodstock Mill District will comprise 90,000 square feet of new retail space, including a 46,791-square-foot Publix grocery store that will serve as the anchor tenant. Additionally, the development will include six freestanding buildings ranging in size from 3,500 to 13,750 square feet. Towne Lake Plaza, an existing 28,000-square-foot shopping center which sits adjacent to Woodstock Mill District, will soon be rebranded to join the new development. Connolly originally acquired Towne Lake Plaza in 2021. Connolly has selected Ed O’Connor and Mindy Elms of Lavista Associates Inc. to handle leasing for Woodstock Mill District.

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DevelopmentIndustrialMidwestNebraska

Timpte Opens $28M Manufacturing Facility in Lincoln, Nebraska

by Kristin Harlow

LINCOLN, NEB. — Timpte Inc., which designs and builds trailers, has launched operations at its new facility in Lincoln that will produce and ship agricultural equipment nationwide. The project represents a $28 million investment, bolstered by an additional $7 million allocated to manufacturing technologies and equipment. Timpte moved its Lincoln operations from 3400 W. O St. to the larger facility, which totals 190,000 square feet. The new location houses Thunderstone Manufacturing LLC operations, equipment trailer product lines and serves as the company’s national parts distribution center. The new facility will produce between 8,000 and 10,000 grain trailer tarps each year. Timpte has added about 20 employees at the Lincoln site and expects to employ more than 100 people there in the next few years. The project sits on more than 1 million square feet of land, allowing for future expansion.

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Midtown-Park_Miami
DevelopmentFloridaMixed-UseSoutheastTop Stories

City of Miami Approves $2B Midtown Park Mixed-Use Development

by Hayden Spiess

MIAMI — The City of Miami’s Urban Development Review Board has officially approved the master plan for Midtown Park, a $2 billion mixed-use development. A joint venture between Rosso Development, Midtown Development and Proper Hospitality is developing the project, a construction timeline for which has not yet been announced.  Plans for the two-phase, 1.2 million-square-foot project currently call for 924 residential units, 60,000 square feet of office space and more than 120,000 square feet of retail and restaurant space. Additionally, the development will feature two public plazas, a network of pedestrian-oriented streetscapes and an eight-court racquet and padel club operated by ULTRA Padel.  The first component of the project to be developed will be Midtown Park Residences by Proper, situated at 3055 N. Miami Avenue. Arquitectonic has designed the 28-story tower, which will deliver 288 branded residences in studio to three-bedroom layouts, plus penthouses with private rooftop gardens and pools. Meyer Davis Studio served as the interior designer for the tower.  Amenities at Midtown Park Residences by Proper will include a pool deck with a restaurant and bar, private pickleball court, fitness center, yoga and meditation garden, spa pool, coworking spaces, a kids club and a communal vegetable garden. Completion of …

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