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Development

Lenox-Bayside-Houston
DevelopmentMultifamilyTexas

OHT Partners Breaks Ground on 315-Unit Lenox Bayside Apartments in Southeast Houston

by Taylor Williams

HOUSTON — Multifamily developer OHT Partners has broken ground on Lenox Bayside, a 315-unit apartment community in the Clear Lake area of southeast Houston. The community will be situated adjacent to Baybrook East, a retail center at which a 106,000-square-foot H-E-B grocery store is currently under construction. Designed by Davies Collaborative, Lenox Bayside will offer one-, two- and three-bedroom units and amenities such as a pool, 24-hour collaborative work studio, outdoor grilling areas and a dog park. The opening of the community is scheduled for early 2023. The H-E-B store is scheduled to open before the end of the year.

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The-Tradition-Clearfork-Fort-Worth
DevelopmentMultifamilySeniors HousingTexas

Tradition Senior Living Starts Construction of 309-Unit The Tradition-Clearfork in Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — Developer and operator Tradition Senior Living has begun construction on a 309-unit facility within the 270-acre Clearfork mixed-use development in Fort Worth. The Tradition-Clearfork will offer independent living, memory care and assisted living services. The property’s 214 independent living residences and 95 acute and memory care units will be available in one- and two-bedroom formats and will range in size from 880 to 2,200 square feet. Residents will have access to 24-hour concierge and valet services, secure parking and transportation options. Common areas will include lounges, card rooms, a movie theater, fitness center, pool and other spaces for daily social activities and wellness programs. Completion is slated for summer 2023.

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Altitude-Salt-Lake-City-UT
DevelopmentMultifamilyUtahWestern

BCC Construction to Develop 156-Unit Altitude Apartment Building in Salt Lake City

by Amy Works

SALT LAKE CITY — BCC Construction has unveiled plans for Altitude, a multifamily property located near the Salt Lake City International Airport in Salt Lake City. The seven-story, 117,565-square-foot community will feature 156 apartments, a rooftop deck, fitness center and two levels of parking. Construction is slated to begin in spring 2022, with completion scheduled for summer 2023.

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HighStreet-Atlanta
DevelopmentGeorgiaLeasing ActivityRetailSoutheast

GID Signs Puttshack to 26,000 SF Lease at High Street Development in Atlanta

by Julia Sanders

ATLANTA — Puttshack, a mini golf and entertainment provider, has signed a second lease in Atlanta at High Street, a $2 billion, 36-acre mixed-use property in Perimeter Center Parkway on the northside of Atlanta. National real estate developer, owner and operator GID Development Group is developing High Street and inked the lease with Puttshack. Puttshack is the first anchor tenant to be announced for High Street. The mini golf retailer will have more than 26,000 square feet of space and will feature four custom-made, tech-driven mini golf courses. The property will also feature ‘Trackaball’ technology, which includes automated scoring, bonus points opportunities and interactive games at each hole. The entertainment venue will also have a dining menu and full cocktail bar. The first phase of the project will break ground this year and is slated to open by 2023. The project will include 150,000 square feet of entertainment-driven retail and restaurants, approximately 600 rental apartments, 90,000 square feet of loft offices and 222,000 square feet of existing office space. Located at 211 Perimeter Center Parkway, High Street is situated at the intersection of Perimeter Center Parkway and Hammond Drive. The project is also located close to the Dunwoody MARTA Station, …

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CityLine-Office
DevelopmentOfficeTexas

KDC to Develop Three New Office Buildings at CityLine in Metro Dallas Totaling 1.4 MSF

by Taylor Williams

RICHARDSON, TEXAS — Developer KDC will build three new office buildings totaling approximately 1.4 million square feet at CityLine, a 204-acre mixed-use development located in the northeastern Dallas suburb of Richardson. Five CityLine will be an 18-story tower with 513,000 square feet, while Six CityLine will rise 13 stories and span 356,000 square feet. The third tower, Seven CityLine, will be a 15-story, 507,000-square-foot building. Dallas-based Corgan & Associates is designing the buildings, which will bring the total office component at CityLine to approximately 2.6 million square feet. The development also houses 200,000 square feet of retail and restaurant space. In addition, more than 3,000 urban residential units, 148 hotel rooms and 20 acres of dedicated public green space are located within walking distance of CityLine. The new buildings are currently being marketed for lease, and construction will begin when a tenant(s) has been secured.

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DevelopmentIllinoisMidwestMultifamily

Kinzie Builders Completes Construction of $20M Luxury Apartment Complex in Mount Prospect, Illinois

by Kristin Harlow

MOUNT PROSPECT, ILL. — Kinzie Builders has completed construction of 10 North Main in downtown Mount Prospect, a suburb of Chicago. The $20 million luxury apartment complex rises five stories with 97 units, which range in size from 564 to 1,290 square feet. Amenities include a fitness center, coffee bar, club lounge and outdoor rooftop deck. Kinzie worked alongside owner First Equity Group LLC, developer Harlem Irving Cos. and architect OKW Architects. Other project team members included ECL Engineer Consultants, Pierce Engineering, LETech Inc., V3 Cos. and Kathryn Talty Landscape Architecture.

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AcquisitionsDevelopmentIndustrialTexas

Local Developer Buys Land for 104,440 SF Industrial Project in Mansfield, Texas

by Taylor Williams

MANSFIELD, TEXAS — A local developer doing business as Industrial Reserve LLC has acquired 14 acres in the southern Fort Worth suburb of Mansfield for a 104,440-square-foot industrial project. Mansfield Commerce Park will be a six-building development with single-story structures with ample outside storage space. Josh Meraz and Michael Spain of Bradford Commercial Real Estate Partners represented the seller, Trinity Forge Inc., which operates a machine and die shop at the site, in the sale of the land. Brant Landry of Landry Commercial represented the buyer/developer.

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Affordable HousingDevelopmentMultifamilyNew YorkNortheast

Grubb Properties to Develop 50-Story Affordable Housing Building in Manhattan’s Financial District

by Taylor Williams

NEW YORK CITY — Charlotte, N.C.-based Grubb Properties will develop 8 Carlisle, a 50-story apartment building that will be located in Manhattan’s Financial District. Grubb Properties acquired the site from New York-based Pink Stone Capital Group, which purchased it in 2011 and helped assemble the air rights and construction permits as Grubb’s development service partner. In addition to 22,000 square feet of retail space, the property will feature 400 units that will be operated under Grubb’s Link brand, which provides housing geared to renters earning between 60 and 140 percent of area median income (AMI). A construction timeline has not yet been finalized.

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300-Thomas-McGovern-Drive-Jersey-City
DevelopmentIndustrialNew JerseyNortheastSelf-Storage

Tulfra Real Estate Acquires Land in Jersey City for 2,422-Unit Self-Storage Project

by Taylor Williams

JERSEY CITY, N.J. — Locally based developer Tulfra Real Estate has acquired land in Jersey City for the construction of a 2,422-unit self-storage project. The facility will be located at 300 Thomas McGovern Drive and will have a gross square footage of approximately 261,000 square feet, including an adjoining parking structure that will also be constructed as part of the project. Thomas Walsh of Walker & Dunlop brokered the land deal. A groundbreaking date will be announced in the coming days. According to Tulfra, there are approximately 159,000 housing units and 22,500 new apartments under development within a three-mile radius of the site.

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The-Parker-Phase-II-Rutherford-New-Jersey
DevelopmentMultifamilyNew JerseyNortheast

Vango Development Receives Approval for 60-Unit Multifamily Project in Northern New Jersey

by Taylor Williams

RUTHERFORD, N.J. — Vango Development has received site plan approval from the planning board of the Borough of Rutherford, located in the northern part of the Garden State, for a new 60-unit multifamily project. The property, which will be located in the downtown area, represents the second phase of The Parker, a 52-unit complex completed by Vango in 2019. The new four-story building will house a mix of studio, one- and two-bedroom units, as well as 3,000 square feet of ground-floor retail space. Minno & Wasko Architects & Planners is designing the project, completion of which is slated for spring 2023.

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