FREMONT, CALIF. — 9th St. Partners LLC and Clarion Partners have broken ground on Campus at Bayside, an advanced manufacturing business park within Bayside Technology Park in Fremont. At full build-out, the six-building campus will offer 473,250 square feet of industrial space. Scheduled for delivery in second-quarter 2026, Phase I will feature 253,472 square feet across three buildings, designed to accommodate advanced manufacturing and R&D users. Each building will include a clear height of 32 feet, ESFR sprinkler systems and 4,000 amps of power with the ability to bring more power to the site. Phase I will include: – Building I: a 101,600-square-foot asset (expandable to 104,600 square feet), including 6,000 square feet of speculative office space (expandable to 12,000 square feet), 178 auto parking stalls, 11 dock-high and two grade-level doors, a 125-foot truck court and 10 EV charging stations; – Building 2: a 74,913-square-foot property with 5,020 square feet of office space, 119 auto parking stalls, eight dock-high doors and one grade-level door, a 125-foot truck court and 13 EV charging stations; – Building 3: a 76,959-square-foot facility (expandable to 78,959 square feet) with 4,000 square feet of speculative office space (expandable to 8,000 square feet), 140 auto parking …
Development
MARQUETTE, IOWA — Casino Queen Marquette will be renamed Bally’s Marquette as part of its move to a newly developed permanent landside facility, set to open in early 2026. The name change will coincide with a $21 million transformation project, which includes relocating the gaming floor ashore and introducing new dining, gaming and entertainment experiences. The rebrand follows Bally’s Corp.’s acquisition of The Queen Casino & Entertainment Inc., the regional gaming company that owns Casino Queen Marquette. The merger was completed in early 2025. The long-standing Mississippi River casino has operated aboard a riverboat for more than 30 years. The transformation into Bally’s Marquette will create nearly 80 new jobs.
CHICAGO — McShane Construction Co. and Ashlaur Construction have completed Westhaven Park Station, a 96-unit mixed-income apartment complex located on Chicago’s Near West Side. Brinshore Development and The Michaels Organization developed the 12-story property. The project marks the final phase of redevelopment of the former Henry Horner Homes complex and satisfies the requirement to replace all affordable units that were lost when the homes were demolished. McShane built a 113-unit condominium building as part of Phase I of the Westhaven Park development in 2006. Westhaven Park Station features three retail spaces on the ground floor. Units are offered in one- and two-bedroom layouts. Sixty-six percent of the units are affordable, while the remainder are market rate. Amenities include a fitness room, rooftop deck, parking, package room and conference room. LBBA provided architectural services.
OVERLAND PARK, KAN. — Block & Co. Inc. Realtors has sold a retail development site at Oak Park Mall in Overland Park to Hyper Energy Bar, an Iowa-based drive-thru chain. Hyper Energy Bar sells energy drinks with caffeine, caffeine-free and sugar-free options. The 1.2-acre pad site is adjacent to tenants IHOP, Paris Baguette and Bank of America. Hyper Energy Bar is slated to open in the first quarter of 2026. Daniel Brocato and David Block of Block & Co. represented the landlord, while Pat Coppinger of Colliers represented the tenant.
WHITEHALL TOWNSHIP, PA. — Kervan USA, a Turkish candy company, will open a 90,000-square-foot packaging and manufacturing facility in the Lehigh Valley. The company, which maintains its U.S. headquarters in Whitehall Township and also has packaging and distribution locations in New Jersey, will invest $20 million to consolidate those operations into a single facility. Kervan USA expects the new facility, construction of which is underway and expected to be complete next year, to create about 40 new jobs within the community.
CLARKSVILLE, TENN. — Hamilton Development has broken ground on NorthPark Logistics, a 2.1 million-square-foot industrial park in Clarksville, a city in northern Tennessee. The project marks the first Class A speculative industrial park in Clarksville, according to the Nashville-based developer. The 200-acre site at 4175 Guthrie Highway will feature 14 buildings at full build-out. Located within 50 miles of Nashville, the NorthPark Logistics site is directly served by R.J. Corman rail, offers immediate access to I-24, is within an hour’s drive from both Clarksville Regional Airport and Nashville International Airport and is adjacent to the $3.2 billion LG Chem plant. In addition to LG Electronics, Clarksville is home to industrial tenants such as Hankook Tire, Google, Bridgestone and Amazon. “As industrial employers continue to invest billions of dollars in the area, we believe there will be increasing demand for institutional-quality industrial space,” says Whitfield Hamilton, CEO of Hamilton Development. NorthPark Logistics will feature opportunities for flexible build-to-suit or speculative space, with the ability to accommodate tenants ranging from 18,200 to 1.2 million square feet. Hamilton Development has begun construction on the first phase of the development, which encompasses four buildings totaling nearly 550,000 square feet. Building 1, a 206,752-square-foot property, …
Greystar to Develop 175-Unit Active Adult Project at Annapolis Town Center in Maryland
by John Nelson
ANNAPOLIS, MD. — Greystar has announced plans to develop a new active adult project in Annapolis. Upon completion, the unnamed community will total 175 units, with a mix of one-, two- and three-bedroom residences. Amenities at the five-story development will include a library, club room, kitchen, fitness studio, pet spa, swimming pool and an exterior courtyard. Greystar recently acquired a 2.2-acre development site within Annapolis Town Center for the project. Construction is currently underway, and leasing is scheduled to begin in spring 2026. Annapolis Town Center features more than 50 retail stores and restaurants. The new community’s location will provide access to more than 557,000 square feet of retail, as well as connectivity to Washington, D.C., downtown Baltimore and Bethesda, Md.
Penzance Receives Approval for Office-to-Residential Conversion Project in Northern Virginia
by John Nelson
ARLINGTON, VA. — Penzance has received approval from Arlington County for the proposed redevelopment of Ballston One, an office building located at 4601 N. Fairfax Drive in Arlington’s Ballston neighborhood. The approved plan will convert the existing seven-story office building into a new residential community totaling 328 multifamily units comprising studio, one- and two-bedroom apartments, as well as 13 two-story loft homes. The project will include the adaptive reuse of Ballston One’s underground parking garage. Penzance is targeting LEED Gold certification for the redevelopment, which will include new bird-friendly glass, dark-sky compliant lighting and a green roof, as well as 130 bicycle parking spaces and 65 electric vehicle-ready parking spaces. Planned amenities will include a landscaped courtyard with a pool, outdoor kitchen and lounge areas, as well as a rooftop terrace with grills and social spaces. Indoor amenities will include a fitness center, yoga studio, golf simulator, coworking lounge, makerspace, club room, playroom and 24/7 concierge service. As part of the agreement with Arlington County, Penzance is contributing approximately $3.2 million toward the county’s affordable housing program.
NEW BRUNSWICK, N.J. — New York City-based developer SJP Properties has broken ground on a 370,000-square-foot office and life sciences project in the Central New Jersey community of New Brunswick. The 10-story building will be known as the Nokia Bell Labs Headquarters facility and represents Phase II of a larger development known as the HELIX NJ Innovation District (previously known as HELIX Health + Life Science Exchange). SJP is developing the HELIX project in partnership with the New Brunswick Development Corp. PNC Bank provided construction financing for the project, completion of which is slated for late 2027.
JERSEY CITY, N.J. — A partnership between two local developers, Alpine Residential and Fields Grade, has completed the lease-up of Phase II of The Hazel, an 87-unit apartment building in the Bergen-Lafayette area of Jersey City. The building rises six stories, offers studio, one- and two-bedroom units and features amenities such as a rooftop terrace with pool, outdoor grilling areas, multiple courtyards, a dog run, sky lounge, coworking space, library, fitness center and a demonstration kitchen. Fogarty Finger Architecture designed the property, which now has an occupancy rate of 95 percent.