ALEXANDRIA, VA. — JBG Smith will break ground on Potomac Yard in Alexandria this month. Phase I of the project will span 1.7 million square feet and include four office towers and two residential buildings with ground-level retail space. Potomac Yard will be situated less than two miles from Amazon’s HQ2 future site. Bethesda, Md.-based JBG Smith is building the property on behalf of Virginia Tech and JPMorgan, which received approval in December from the City of Alexandria to move forward with development. A timeline for construction of Phase I was not disclosed. Virginia Tech’s $1 billion Innovation Campus will anchor the development. Virginia Tech’s portion of the project will include an 11-story, 300,000-square-foot academic building that is expected to deliver in 2024. The university expects to break ground in summer 2022 on the project that SmithGroup designed. Potomac Yard will be situated adjacent to the Potomac Yard Metro Station, which is expected to open in 2022. The project also includes more than 57,000 square feet of planned public and private open space.
HENDERSONVILLE, TENN. — Avenida Partners has selected McShane Construction Co. to build Avenida Hendersonville, a 138-unit active adult community in the Nashville suburb of Hendersonville. The three-story building will be positioned on a five-acre site. The community will offer 6,000 square feet of amenities. Completion of Avenida Hendersonville is slated for May 2022. This will be Newport Beach, Calif-based Avenida’s third active adult community in Tennessee and seventh overall in five states. The architect of record is Poole & Poole Architecture.
WICHITA, KAN. — The Home2 Suites by Hilton Wichita Downtown Delano hotel has opened. The new four-story hotel is located at 200 N. Sycamore St. It features 95 suites. Wichita-based TGC Hospitality Management is the property manager and Delano Hotel QOZB LLC is the owner. Amenities include complimentary internet, communal spaces, laundry area, fitness center, pool, grill area and daily breakfast. In response to COVID-19, the property features Hilton’s CleanStay program, which was created in partnership with Lysol maker RB.
GLENDALE, ARIZ. — CRG, in a joint venture with Phoenix-based Bird Dog Industrial, is developing The Cubes at Glendale, a 335-acre, up to 5.5 million-square-foot industrial park in at the intersection of Reems Road and Northern Avenue in Glendale. The first phase of the project includes the construction of a 1.2 million-square-foot speculative warehouse with 40-foot clear heights, 213 dock doors, 50-foot by 56-foot column spacing and parking for 740 cars and 470 trailers. Construction is slated to begin on March 1, with the firm having already acquired the first 260-acre parcel of land. Acquisition of the second parcel is expected to close in the second quarter. Chicago-based Clayco, CRG’s parent company, will serve as builder, with Lamar Johnson Collaborative serving as architect for the first warehouse. John Lydon of JLL represented CRG in the land acquisition, while Tony Lydon, also of JLL, represented the undisclosed seller. John Lydon and Bill Honsaker of JLL will handle leasing at The Cubes at Glendale.
PITTSBURGH — CBL Properties, a Tennessee-based retail REIT, has debuted Live! Casino Pittsburgh, a $150 million entertainment destination that operates out of the company’s Westmoreland Mall in metro Pittsburgh. The Cordish Cos. of Baltimore developed the 100,000-square-foot casino and will operate it under its Live! brand, which is known for baseball-themed entertainment destinations in Atlanta, St. Louis and Arlington, Texas. The two-level destination replaces a former Bon-Ton department store and offers an array of entertainment and fresh dining concepts, including American Kitchen + Craft Bar from celebrity chef Guy Fieri. CBL also plans to open a casino at York Galleria in York, Pennsylvania.
FRISCO, TEXAS — Texas-based developer Presidium has completed construction of Presidium at Edgestone, a luxury active adult community in Frisco, a northern suburb of Dallas. Designed by Cross Architects and SeeSaw Creative, the 165,398-square-foot property features 188 units on 18 acres near a variety of commercial and retail developments, as well as 10 golf courses, several walking trails and the upcoming 275-acre Grand Park. The community offers freestanding independent living cottages in addition to a residential building with amenities such as clubrooms, a pool, fitness and wellness center, library and cyber lounge, media and game rooms, pavilions and a resident gardening area with shade structures. The operator is Capstone Real Estate. Average rents range from $1,382 to $2,135 per month.
SAN ANTONIO —Rosewood Property Co. has delivered the first phase of Tobin Estates Apartments, a multifamily project in the Oakwell Farms area of north San Antonio that added 286 units to the local supply. Units come in one-, two- and three-bedroom formats that range in size from 718 to 1,407 square feet and feature stainless steel appliances, quartz countertops and private garages. Amenities include a clubhouse, pool, rooftop lounge and outdoor grilling stations. Rents start at $1,300 per month for a one-bedroom unit. Two additional phases of development are planned. Rosewood Property Co., based in Dallas, is a wholly owned subsidiary of The Rosewood Corp.
KANSAS CITY, KAN. — Contegra Construction Co. has completed the first of several planned distribution facilities at NorthPoint Development’s Turner Logistics Center in Kansas City. The 408,000-square-foot building features a clear height of 36 feet, 36 dock doors with four drive-in ramps, parking for 210 vehicles and a small office. The 250-acre Turner Logistics Center has the capacity for 3 million square feet of industrial space. Contegra also completed infrastructure improvements to support future development.
HOUSTON — Seniors housing operator Civitas Senior Living and developer StoneCreek Real Estate Partners will redevelop the Copperfield Racquet & Health Club, a 98,000-square-foot seniors housing community in Houston. The new property, which will be branded StoneCreek of Copperfield, is situated on 6.6 acres and will feature 12 independent living villas, 74 assisted living units and 18 memory care units. Project partners include Pi Architects and interior design firm Senior By Design. Ground-up construction is planned to begin this month and to be complete by summer 2022.
NORTH LAS VEGAS, NEV. — Panattoni Development has completed North 15 Logistics, a 550,601-square-foot industrial project on 30 acres at the intersection of Interstate 15 and Speedway Boulevard in North Las Vegas. North 15 Logistics features two buildings with up to 36-foot clear heights, ESFR sprinkler systems, R-30 roof batt insulation and concrete truck courts. The tenant improvements are now complete, and Ruby Has occupies 373,363 square feet at the project. With six warehouse locations across the United States and Canada, Ruby Has offers third-party logistics using technology and integration to allow for faster shipping and a reduction in freight costs. A comingled fund managed by Clarion Partners owns the project, with Panattoni Development serving as developer. Alston Construction served as contractor and HPA Architecture served as architect.