Development

Mia Rose, ERC Construction Break Ground on 234-Unit Multifamily Community in Springdale, Arkansas

by Julia Sanders February 24, 2021

SPRINGDALE, ARK. — Mia Rose Holdings and ERC Construction Group have formed a joint venture to build Pure Springdale, a 16-building, 234,000-square-foot multifamily community in Springdale. Courtyard Building and Block LLC is the architect, Crafton Tull is the engineer of record and Trinity Multifamily is the property manager. Mia Rose and ERC recently broke ground on the 234-unit property, which is scheduled to be complete in fall 2022. The project includes new construction of one- and two-bedroom apartment units on 13.7 acres. The apartment complex will feature walking trails, three ponds, a resort-inspired pool, 1,300-square-foot fitness center, technology lounge/business center, gated dog park and numerous green spaces with grills and seating. All units will have washers and dryers, Energy Star-rated kitchen appliances, energy-efficient mechanical systems, upgraded interior finishes and window coverings. Single-car garages will be available for 32 residents at an additional fee. Pure Springdale is the first joint venture project between Mia Rose Holdings and ERC Construction Group LLC. Mia Rose Holdings is a St. Louis-based developer, and ERC Construction Group is an Arkansas-based general contractor.

February 24, 2021

Development Life Sciences North Carolina Office Southeast

Trinity Capital, SLI Capital Top Out 210,000 SF Office and Life Sciences Center in Downtown Durham

by Julia Sanders February 24, 2021

DURHAM, N.C. — Trinity Capital Advisors and SLI Capital have topped out a new Class A office project in downtown Durham called The Roxboro at Venable. The eight-story office and life sciences center is located within the mixed-use Venable Center at 380 East Pettigrew St. Duda|Paine Architects is the designer for the 210,000-square-foot project, which is expected to be opened by 2022. The Roxboro at Venable will feature tall floor-to-floor heights, built-in accommodation for lab infrastructure and dedicated back-up power. The property also will include touchless entry and elevator systems, air purification systems in elevators and open-air sky terraces on the two upper floors. The Roxboro previously was a warehouse for Venable Tobacco Co., a subsidiary of the Dibrell Brothers tobacco business of Danville, Va. Trinity Capital Advisors is a real estate development and investment firm with offices in Charlotte and Raleigh. SLI Capital is a Raleigh-based real estate investment firm.

February 24, 2021

Development Mixed-Use Texas

Crescent Real Estate Reveals Plans for $250M Mixed-Use Project in Fort Worth

by Taylor Williams February 24, 2021

FORT WORTH, TEXAS — Locally based developer Crescent Real Estate has revealed plans for a new mixed-use project in Fort Worth’s Cultural District that is valued at $250 million, according to The Dallas Morning News. Current plans call for 175 residential units, a 200-room boutique hotel and a 160,000-square-foot office building that will house the headquarters of tenants such as Goff Capital, Canyon Ranch and Contango Oil & Gas. Crescent Real Estate also plans to move its headquarters into the new office building. Construction is scheduled to begin this summer and to be complete in mid-2023.

February 24, 2021

Development Industrial New Jersey Northeast

Dermody Properties to Develop 154-Acre Industrial Project in Woolwich Township, New Jersey

by Taylor Williams February 24, 2021

WOOLWICH TOWNSHIP, N.J. — Nevada-based Dermody Properties will begin construction later this year on LogistiCenter at Woolwich, a 154-acre industrial project in Woolwich Township, located in Gloucester County. The development will consist of three buildings spanning 262,200, 552,585 and 336,700 square feet of Class A space. Building features will include 36- to 40-foot clear heights, build-to-suit office spaces, ESFR fire protection systems, drive-in doors and ample trailer and car parking. CBRE is leasing the project. A completion date was not disclosed.

February 24, 2021

Development Industrial New Jersey Northeast Self-Storage

Hampshire Completes 697-Unit Extra Space Self-Storage Facility in Perth Amboy, New Jersey

by Taylor Williams February 24, 2021

PERTH AMBOY, N.J. — The Hampshire Cos. has completed a 697-unit self-storage facility at 900 State St. in the Northern New Jersey city of Perth Amboy that will be operated under the Extra Space Storage brand. The 94,600-square-foot facility offers full climate control for interior units and represents the 46th project that Hampshire has developed for Extra Space Storage.

February 24, 2021

Development Multifamily New Jersey Northeast

Mill Creek Breaks Ground on 173-Unit Modera Berkeley Heights Project in New Jersey

by Taylor Williams February 24, 2021

BERKELEY HEIGHTS, N.J. — Mill Creek Residential has broken ground on Modera Berkeley Heights, a 173-unit multifamily project in Northern New Jersey. The property will feature one-, two- and three-bedroom units with stainless steel appliances, quartz countertops, tile backsplashes, breakfast bars and individual washers and dryers. Amenities will include a pool, outdoor grilling area, demonstration kitchen, game room, fitness center, business center and a coffee bar. Move-ins are expected to begin in late 2022.

February 24, 2021

Development Iowa Midwest Office

Alston, Ware Malcomb Complete Customer Service Center for Medline Industries in Dubuque, Iowa

by Kristin Harlow February 24, 2021

DUBUQUE, IOWA — Alston Construction and Ware Malcomb have completed a new customer service center for Medline Industries Inc. in Dubuque. The 130,000-square-foot call center features more than 1,000 workstations. The project also features an outside patio as well as a 5,200-square-foot multipurpose room with a basketball court and fitness center. Medline, a manufacturer and distributor of healthcare supplies, has added more than 100 new jobs at the Dubuque facility. Alston served as general contractor and Ware Malcomb provided architecture and interior design services for the project.

February 24, 2021

Affordable Housing Development Iowa Midwest Multifamily

TWG Underway on $10M Affordable Housing Project in Urbandale, Iowa

by Kristin Harlow February 24, 2021

URBANDALE, IOWA — Developer TWG is underway on construction of Lillis Lofts, a $10 million affordable housing project in Urbandale. TWG is developing the project with Dreamcatcher Inc., a Des Moines-based nonprofit that helps build housing for low-income individuals and those with disabilities. Located at 6313 Douglas Ave. near the Merle Hay Mall, the three-story Lillis Lofts is slated for completion this fall. It is the first affordable housing project in the area in more than two decades, according to TWG. The 43 units at Lillis Lofts will be designated for renters who earn between 30 and 60 percent of the area median income. Amenities will include a community room, fitness center and free internet connectivity. ID8 Architects designed the community. Polk County Housing Trust Fund contributed funds for the project.

February 24, 2021

Affordable Housing Development Georgia Multifamily Southeast

Woda Cooper, Parallel Housing Break Ground On 60-Unit Affordable Housing Community in Madison, Georgia

by Julia Sanders February 23, 2021

MADISON, GA. — Woda Cooper Co. and Parallel Housing Inc. have broken ground on Canaan Crossing, a new 60-unit, $13 million affordable housing community in Madison. The property will be located at the corner of Wheat and March streets in Madison’s Canaan historic neighborhood. Canaan Crossing will include 60 townhomes and apartments with -one, -two and -three-bedroom units for families earning up to 60 percent of area median income (AMI). The development is expected to be certified LEED for Homes Gold. Each unit will have a high efficiency HVAC system and Energy Star appliances, including dishwashers and washer/dryer hookups, as well as high-quality finishes such as vinyl tile. Community amenities will include a playground, community gardens, a covered picnic area with tables and grills, onsite management/leasing office and a multipurpose room with kitchenette and laundry facility. In addition, there will be dedicated space available to provide private preventive health screening and wellness programs to the residents. The Georgia Department of Community Affairs provided funding through the allocation of federal and state Low-Income Housing Tax Credits and a HOME loan. CREA LLC invested in the allocated tax credits in exchange for equity financing to assure long-term affordability for Canaan Crossing. Summit …

February 23, 2021

Southpoint Business Park Spec Industrial Building

Development Industrial Southeast Virginia

Hollingsworth to Develop 650,250 SF Spec Industrial Facility in Prince George County, Virginia

by Julia Sanders February 23, 2021

PRINCE GEORGE, VA. — The Hollingsworth Cos. is developing a 650,250-square-foot speculative industrial building in Southpoint Business Park located at 8000-8072 Quality Drive in Prince George. This property will be the 12th and largest facility developed by The Hollingsworth Cos. in Southpoint Business Park. The speculative tilt-wall building will feature 40-foot clear heights, 60- by 60-foot column spacing, 142 dock doors and 177 trailer drops. After the new facility is built, Southpoint Business Park will have 1.6 million square feet of industrial space.

February 23, 2021

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