MOUNT PLEASANT, WIS. — Cushman & Wakefield | Boerke has arranged the sale of 18.1 acres of land in Mount Pleasant, a southern suburb of Milwaukee. The site, located near I-94, will be developed into a 280-unit garden-style apartment community. The buyer, Continental Properties, plans to break ground immediately. The seller was undisclosed.
GRANDVILLE, MICH. — Poag Development Group and Studio C have unveiled plans for a $5 million renovation of Celebration Cinema at RiverTown Crossings in Grandville. Plans call for luxury heated recliners from Irwin Seating, a Michigan-based seating manufacturer; a new façade; a C PREMIUM auditorium featuring Dolby Atmos sound and 4K laser projection; and a significant expansion to Celebration Cinema’s food-and-beverage operations, including the addition of a full bar and new menu items. Renovations for the C PREMIUM auditorium is expected to be completed in May, with the other auditoriums and full transition to recliner seating set for this summer. RiverTown Crossings recently received improvements such as landscaping to the outer portion of the mall, a repaired merry-go-round and significant upgrades to the parking lot. Poag’s greater redevelopment plan is to evolve the mall into a mixed-use lifestyle center. Studio C is a local owner and operator of entertainment destinations, including Celebration Cinema.
FLOWER MOUND, TEXAS — Locally based developer Realty Capital Residential has completed Thirty-One Eleven Sunset, a 207-unit multifamily building in Flower Mound, located in the northern-central part of the metroplex. The building rises 16 stories and offers one-, two- and three-bedroom units, as well as townhomes and penthouses. Amenities include a rooftop pool, fitness center, golf simulator, private dining room, restaurant-style bar and lounge and reservable guest suites for visitors. The building also houses 6,000 square feet of commercial space. Rents start at $4,000 per month for a one-bedroom apartment.
LOS ANGELES — R.D. Olson Construction, in partnership with Related California Properties and the Housing Authority of the City of Los Angeles, has started construction on Phase II of Rose Hill Courts. The $57.8 million project builds on the success of Phase I, which was completed in 2023. Located at 3521 N. McKenzie Ave., Phase II of Rose Hill Courts will feature seven apartment buildings ranging from two to three stories with basements, totaling 96 affordable housing units. Additionally, the new development will feature a community building dedicated to resident gatherings and events, an outdoor playground and a basketball court. The project will also offer tuck-under parking on five of residential buildings. The total development will space a total of 115,406 square feet of gross building area across a 150,400-square-foot site. Slated for completion in 2027, the project will generate more than 400 construction jobs. Partners on the project include the Housing Authority of the City of Los Angeles, Related California Properties, BSB Design (formerly Withee Malcolm Architects) and AMJ Construction Management.
GREENWOOD, IND. — Meridian Design Build has completed a build-to-suit for a North American provider of less-than-truckload (LTL) freight services on a 43-acre site at 2955 Allen Road in Greenwood. Scannell Properties was the developer. The project features a 125-door, cross-docked truck terminal with 123 loading positions and 11,000 square feet of office/support space. An adjacent, freestanding maintenance building includes six fully equipped service bays and a truck wash bay. The site is paved to accommodate 350 employee/driver parking stalls, 219 trailer storage positions, 175 tractor stalls and 247 van stalls. Bill Thomas Architect provided architectural services and American Structurepoint handled the civil engineering.
ASCENSION PARISH, LA. AND SEOUL — Hyundai Steel Co., a South Korean steel manufacturer and part of automotive giant Hyundai Motor Group, has announced plans to develop a $5.8 billion steel manufacturing facility in southeast Louisiana’s Ascension Parish. The new steel plant is part of Hyundai’s announcement for $21 billion in U.S. investments between 2025 and 2028. Construction on the plant, which will be capable of producing 2.7 million metric tons of steel annually, is scheduled to begin in the third quarter of 2026 in Ascension Parish. Hyundai Steel is targeting commercial production of automotive steel plates to begin at the mill in 2029. According to a statement issued by Louisiana Gov. Jeff Landry, the new facility is expected to create 1,400 new direct jobs with an average salary of $95,000. Louisiana Economic Development (LED) also estimates that the project will result in 4,100 indirect new jobs. A large portion of the steel manufactured at the mill will be transported to Hyundai vehicle manufacturing plants throughout the country. Hyundai Steel also plans to open up sales of its automotive steel plates to other auto manufacturers in the United States, Europe and Latin America, according to Seo Gang-Hyun, president and CEO …
CARLSBAD, CALIF. — Roseville, Calif.-based USA Properties Fund and Los Angeles-based The Pinyon Group have opened Vintage at Marja Acres, an affordable age-restricted community in Carlsbad. Located at 4660 Garden Hill Loop, Vintage at Marja Acres offers 47 apartments, a community room, wellness/health center and onsite laundry. The one-bedroom apartments feature energy-efficient appliances and light fixtures, and low-flow faucets, showers and toilets. The units are designated for residents at least 55 years old who earn 30 percent to 60 percent of the area median income for San Diego County, Calif. Vintage at Marja Acres is a public-private partnership that includes the City of Carlsbad, Riverside Charitable Corp. and WNC Inc. JPMorgan Chase is the construction and permanent lender for the $21 million project. IHP Capital Partners and KB Homes are also partners on the project, which is in infill community that is named after a former longtime nursery on the property.
ROCKDALE, TEXAS — T1 Energy (NYSE: TE), the company formerly known as FREYR Battery, will open an $850 million solar cell manufacturing facility in Rockdale, located northeast of Austin in Milam County. The site spans 100 acres within Sandow Lakes, the mixed-use redevelopment of a 33,000-acre industrial park formerly occupied by aluminum manufacturer Alcoa, and the facility could employ as many as 1,800 people. According to Manufacturing Dive, T1 Energy is aiming to start construction in the second or third quarter, with production expected to commence in late 2026.
FREDERICKSBURG, TEXAS — Houston-based DC Partners will develop The Meuse, a 22-acre hospitality and retail project in Fredericksburg, about 80 miles west of Austin. Named after town founder John Meusebach and designed by Merriman Anderson Architects, The Meuse will comprise a 212-room boutique hotel and 72,300-square-foot retail district. The hotel will offer a full-service restaurant, lobby bar, event venue and a pool deck and lounge. The adjacent retail district, which will be leased by Colliers, will feature boutique shops, artisanal markets and locally inspired food-and-beverage concepts, as well as open-air spaces. Construction is scheduled to begin this spring and to be complete in late 2027.
SAVANNAH, GA. — Charleston-based Woodfield Development has completed EmmaJames at Savannah Harbor, a 280-unit luxury apartment community located in the larger Savannah Harbor mixed-use development. The project team includes architectural firm Housing Studio, general contractor Samet Corp. and interior designer Cindy Munn of S. Wilkins. Situated at 101 Cay Plaza, the development offers a mix of one-, two- and three-bedroom floorplans ranging in size from 682 square feet to 1,732 square feet. Additionally, the complex also features one- and two-bedroom townhomes that measure up to 2,064 square feet. Monthly rental prices for the property begin at $1,555. Amenities at the property include a rooftop pool deck, 24/7 fitness center, yoga studio, piano room, pet park and spa, business and coworking spaces, self-serve tap lounge and an outdoor lawn with grilling and fire pit areas.