ATLANTA — American Tower, a data center REIT based in Boston, has expanded its American Tower Metro Data Center facility at 55 Marietta St. in downtown Atlanta. The addition brings nearly 20,000 square feet and 2 additional megawatts of capacity to the facility. American Tower has fully integrated the data center, formerly known as Colo Atl, into the American Tower brand. American Tower hopes with the expansion to provide its customers with more power and capacity, giving them a vehicle to provide stronger connectivity options. With the completion of the expansion, American Tower Metro Data Center now has a total of about 44,500 square feet across its second, fifth and eighth floors, while the added capacity brings the total to 4 megawatts. In 2020, additional improvements were completed, including renovations on the fifth floor, the addition of a new dedicated “meet-me-area,” upgrades to the security and surveillance systems and revamped workspaces on each floor for customers.
BELLEVUE, WASH. — Aegis Living has opened Aegis Living Bellevue Overlake, located in the city of Bellevue where the company is headquartered. The community features 122 senior living apartments in the 106,000-square-foot-building. Its opening follows Aegis Living’s joint acquisition of 10 communities across California, Washington, and Nevada. Aegis has eight additional communities in development, including communities in Kirkland and the Eastlake neighborhood of Seattle. Aegis Living Bellevue Overlake is the first community Aegis Living has designed to be fully centered in the scientific benefits of biophilia and the innate connection to nature, a concept that has been shown to elicit a therapeutic response both physical and emotionally, according to Aegis. “We are delighted to open a community that is rooted in nature, bringing the outdoors in and creating an oasis in the city, particularly coming out of a year when the COVID-19 pandemic demonstrated just how important home is,” says Aegis founder, CEO and chairman Dwayne Clark.
BOULDER, COLO. — Chicago-based The John Buck Co. and Boulder-based Element Properties have broken ground for Platform, a multifamily property within S’PARK, a 6.8-acre mixed-use, mixed-income multifamily development in Boulder. Situated on 1.2 acres at 3350 Bluff St., Platform will feature 86 apartments in a mix of studio, one-, two- and three-bedroom apartments, as well as ground-level retail space. Residents of Platform will also be able to use the amenities of Timber, a sister apartment community located across the street. KTGY is designer for the project, which is slated for completion in summer 2022.
MONTVILLE, N.J. — A partnership between Diversified Properties, The Hampshire Cos. and 1026 Real Estate Investors has opened a 755-unit self-storage facility for CubeSmart in Montville, located in Northern New Jersey. The fully climate-controlled facility has a gross square footage of 98,000 square feet. Diversified Properties, as lead developer, acquired the site in 2015 when it housed a 35,000-square-foot office building and a 2.5-acre pad site. Hampshire Cos. and 1026 Real Estate co-funded equity for the project.
DALLAS — Atlanta-based Robinson Weeks Partners will develop Dallas Midpoint Crossing, a 550,000-square-foot industrial project that will be located on a 26.6-acre site about 30 miles from Dallas-Fort Worth International Airport. The facility will offer proximity to Interstates 20 and 45, as well as the Union Pacific Railroad Intermodal Terminal. Building features will include 36-foot clear heights, 282 auto parking spaces and 130 trailer parking spaces. Construction is scheduled to begin in May and to wrap up in the second quarter of 2022. JLL will market the project for lease.
HOUSTON — Locally based developer Testa Rossa Properties has topped out Museo Medical Office Building, a 10-story, 364,000-square-foot healthcare project located at 5115 Fannin St. in Houston. Designed by PJMD Architects and Dallas-based Huitt-Zollars, the project will house users such as Texas Laparoscopic Consultants and Mann Eye Institute. Completion is slated for the fall.
SOUTHLAKE, TEXAS — RREAF Holdings has completed construction of the 240-room Delta Hotel Dallas Southlake. Designed by Merriman Anderson Architects, the six-story property features 10,000 square feet of meeting and event space, a restaurant and bar, outdoor pool and patio and a coffee shop. Hill & Wilkinson served as the general contractor. Construction began in July 2019.
HENRICO, VA. — Amazon plans to build a new robotics fulfillment center on 119 acres in Henrico, about 11 miles from Richmond. The Seattle-based company expects to create 1,000 new jobs at the facility, which is set to open in 2022. The multi-story, 650,000-square-foot property will be situated next to Richmond Raceway. In 2006, Amazon launched its first Virginia fulfillment operations in Sterling. Last year, Amazon started plans on a robotics fulfillment center in Suffolk and a processing center in Chesapeake, which are both expected to launch later this year. Since 2010, Amazon’s investments have contributed an additional $17.5 billion to Virginia’s economy, according to the company. The Virginia Economic Development Partnership worked with the Henrico Economic Development Authority, The Port of Virginia and the Greater Richmond Partnership to secure the new Amazon facility.
CHICAGO — Lendlease and Magellan Development Group have begun pre-leasing at Cascade, a 37-story, 503-unit luxury apartment tower in Chicago’s Lakeshore East neighborhood. First move-ins are expected this summer, coinciding with the opening of the adjacent Cascade Park, a publicly accessible green space that will connect the property to the lakefront and Chicago Riverwalk. Floor plans will range from 509 to 1,332 square feet. Monthly rents for studios will start at $1,650, $2,050 for one-bedrooms, $3,300 for two-bedrooms and $5,750 for three-bedrooms. Cascade will offer more than 45,000 square feet of indoor and outdoor amenity space across three levels. The building’s 32nd floor features a terrace overlooking Navy Pier and Lake Michigan. The design team includes bKL Architecture for the tower and Claude Cormier + Associés for the park. Cascade residents who plan to transition into homeownership can take advantage of a program that enables them to sign a contract for a condo at Cirrus, the adjacent 47-story, 350-unit condominium tower. Half of the rent paid (up to 2.5 percent of the purchase price) can be recouped as a credit at closing.
CHICAGO — EQ Office has reopened Skydeck Chicago at Willis Tower to the public after completing an extensive redevelopment. The attraction’s lower level features an interactive museum that celebrates the history of Chicago’s neighborhoods and sites. The observation deck, situated on the 103rd floor, features The Ledge, four glass floor balconies extending from the tower. The attraction uses a timed ticketing system with capacity limits and safety guidelines in accordance with Chicago’s latest COVID-19 regulations. EQ Office, operator of Willis Tower, developed the project. Skidmore, Owings & Merrill, Thinc Design, Clark Construction Group and Chicago Scenic Studios made up the project team.