Mixed-Use

Bayview PACE Provides $200M C-PACE Financing for Mixed-Use Tower in Downtown Miami

by John Nelson January 8, 2026

MIAMI — Bayview PACE, a division of Bayview Commercial Mortgage Finance, has provided $200 million in C-PACE financing for Okan Tower, a 72-story mixed-use tower underway at 555. N. Miami Ave. in downtown Miami. The borrower, Okan Group, and its construction affiliate Okan Construction recently reached the 40th floor of the tower’s build-out. The tower will rise 903 feet upon completion in 2028, making it the second tallest building in Florida. The C-PACE financing completes the capital stack for the new skyscraper, according to Bayview PACE. Other capital sources were not released. Designed by Behar Font & Partners, Okan Tower will feature four levels of offices totaling 56,000 square feet; an onsite parking garage totaling 429 spaces; a five-star, Hilton-branded hotel totaling 316 rooms; 236 condo-hotel units managed by Hilton; and Sky Residences, 163 for-sale condominiums that will occupy the tower’s uppermost floors.

January 8, 2026

Acquisitions Illinois Midwest Mixed-Use

Greenstone Partners Brokers $6.5M Sale of Development Site in Chicago’s Gold Coast

by Kristin Harlow January 8, 2026

CHICAGO — Greenstone Partners has brokered the $6.5 million sale of 12-16 W. Maple St., a development site located in Chicago’s Gold Coast neighborhood. Danny Spitz and Malek Abdulsamad of Greenstone represented the seller. The site is currently occupied by a four-story, 20,572-square-foot mixed-use building and an adjacent parcel with a total of 75 feet of frontage along Maple Street. The site is zoned DX-7, Downtown Mixed-Use District, which allows for a wide variety of as-of-right uses, including retail, residential and hospitality.

January 8, 2026

Acquisitions Mixed-Use North Carolina Office Restaurant Retail Southeast

Crescent Sells Mixed-Use Building in Charlotte to Invesco for $58M

by John Nelson January 7, 2026

CHARLOTTE, N.C. — Locally based developer Crescent Communities has sold Elizabeth on Seventh, a 105,000-square-foot mixed-use building in Charlotte. Atlanta-based Invesco purchased the four-story, LEED-certified property for $58 million, according to the Charlotte Business Journal. Completed in 2022, Elizabeth on Seventh is located at the intersection of East Seventh Street and North Caswell Road and offers boutique office space and 22,000 square feet of ground-level retail space. The property’s office tenants include Abry Partners, Abundant Power, Adams Beverages, Becker Morgan Group, Bowman and Brooke, Brown Brothers Harriman and Influencable. Retail and restaurant tenants include Barre3, Catalina Kitchen + Bar, Rosemont Market & Wine Bar and The Yard Milkshake Bar.

January 7, 2026

Georgia Loans Mixed-Use Office Southeast

Selig Obtains $245M Refinancing for 1105 West Peachtree Office Tower in Midtown Atlanta

by John Nelson January 5, 2026

ATLANTA — Selig Enterprises has obtained a $245 million loan for the refinancing of 1105 West Peachtree, a 31-story office tower in Midtown Atlanta. The 653,525-square-foot tower was nearly fully leased at the time of financing to tech giant Google and law firm Smith, Gambrell & Russell. Matt Rendele and Christine Curry of Selig worked with CBRE on the financing, which was structured as a CMBS SASB (single-asset/single-borrower) loan. Delivered in 2021, 1105 West Peachtree features The Office Bar and Sky Plaza, a one-acre amenity deck that connects to the Epicurean Atlanta hotel and 40 West 12th, a luxury condo tower.

January 5, 2026

Alabama Development Hospitality Mixed-Use Retail Southeast

RCP Unveils Plans for $300M Mixed-Use Expansion at MidCity District in Huntsville

by John Nelson December 23, 2025

HUNTSVILLE, ALA. — RCP Cos. has unveiled plans for MidCity Arts + Innovation, a 12-acre development within the larger $2.2 billion MidCity District in downtown Huntsville. The project represents a $300 million investment and will expand the development’s master plan by three city blocks along Sanderson Road. MidCity Arts + Innovation will be anchored by MidCity Live, a 3,000-seat indoor music venue jointly designed by Matheny Goldmon Architects and Urban Design Associates. RCP will name an operating partner for the venue in early 2026. MidCity Live will join The Orion Amphitheater, an existing 8,000-seat music venue within MidCity District. Other components of the expansion will include a new location for The Camp, an outdoor venue and community gathering space; two hotels, including a 200-room, music-branded hotel; a tech-centric office campus developed by the Apollo Coalition nonprofit; and approximately 60,000 square feet of new retail and entertainment space.

December 23, 2025

California Loans Mixed-Use Office Restaurant Retail Western

CBRE Arranges $57.6M Refinancing for First Street Napa Mixed-Use Property in California

by Amy Works December 23, 2025

NAPA, CALIF. — CBRE has arranged $57.6 million in refinancing for First Street Napa, a Class A mixed-use property in downtown Napa. Brad Zampa and Mike Walker of CBRE’s Debt and Structured Finance team in San Francisco secured the five-year, nonrecourse floating-rate loan from an East Coast-based debt fund on behalf of NTC Shops LLC. Located at 1300 First St., the property features 162,000 square feet of retail, dining, tasting rooms and office space across six buildings. The asset is currently 90 percent leased to a variety of tenants, including Lululemon, Free People, Hestan and Silicon Valley Bank.

December 23, 2025

Civic Development Kansas Midwest Mixed-Use Top Stories

Kansas City Chiefs Unveil Plans for New $3B Stadium, Two Mixed-Use Entertainment Districts in Kansas

by Taylor Williams December 23, 2025

KANSAS CITY, KAN. — The Kansas City Chiefs have unveiled plans for a new football stadium, as well as a new training facility and surrounding mixed-use entertainment districts for both projects, in Kansas. These initiatives represent a combined economic impact of approximately $4.4 billion, according to Kansas Gov. Laura Kelly. Under the terms of an agreement reached with the state, the Chiefs will relocate from Missouri to a new domed stadium in Wyandotte County, which encompasses the Kansas side of the city. The new stadium, which has a projected cost of about $3 billlion, is expected to open in advance of the 2031 NFL season. ESPN reports that the new stadium will have a seating capacity of about 65,000, which is about 10,000 seats fewer than the team’s current home at Arrowhead Stadium in Missouri. The team’s lease at Arrowhead expires after the 2030 season. The exact location of the new stadium was not announced. But according to The Topeka Capital-Journal, the site will be “generally located at the intersection of interstates 70 and 435.” In addition, ESPN reports that “the Chiefs are interested in having the stadium built near the Kansas Speedway and a retail and entertainment district known …

December 23, 2025

Development Florida Mixed-Use Restaurant Retail Southeast Top Stories

Strategic Property Partners to Develop Entertainment District in Downtown Tampa

by Abby Cox December 19, 2025

TAMPA, FLA. — Strategic Property Partners (SPP) has announced plans to develop an entertainment district in downtown Tampa. The district is proposed for a vacant parcel across from Benchmark International Arena, the 19,092-seat home of the NHL’s Tampa Bay Lightning. Situated on Channelside Drive between Morgan and Jefferson streets, the new district will support the broader $3 billion Water Street Tampa neighborhood. SPP plans to partner with Lightning owner Vinik Sports Group (VSG) to manage the entertainment venue, which will be privately financed. “Water Street Tampa was designed to evolve, and this entertainment district is the next step in completing the larger vision,” says Josh Taube, CEO of SPP. “Water Street Tampa is a dynamic neighborhood with waterfront, public spaces, residences, retail, hotels and offices all connected through a walkable experience. This project activates the western edge of the neighborhood by adding an entertainment energy through live music and cultural experiences, strengthening ‘WST’ as a preeminent destination.” Upon full build-out, Tampa’s new entertainment district will include a 3,500-seat music and performance venue for rising and mid-tier touring artists; a 250-room hotel; and 100,000 square feet of retail, dining and entertainment space. SPP aims to break ground on the project in …

December 19, 2025

California Development Loans Mixed-Use Multifamily Retail Western

Quantum Capital Partners Secures $26M Construction Loan for Apartment Project in Rosemead, California

by Amy Works December 18, 2025

ROSEMEAD, CALIF. — Quantum Capital Partners has arranged a $26 million construction loan for Prospect Village, an apartment development in Rosemead. Kevin Wong of Quantum Capital secured the financing for the borrower, The Connected Cos., which is developing the property. Located along the Garvey Avenue corridor, Prospect Village will feature a seven-story multifamily complex offering 75 one-, two-, three- and four-bedroom residential units and 6,350 square feet of ground-floor retail space. Designed by Scale Labs Architects, the low-rise structure will feature a cascading terrace deck design at the rear, offering outdoor space and architectural interest. The project is expected to break ground immediately.

December 18, 2025

Development Indiana Midwest Mixed-Use

BW Construction, Skender Break Ground on $105M Mixed-Use Development in Westfield, Indiana

by Kristin Harlow December 18, 2025

WESTFIELD, IND. — BW Construction and Skender have broken ground on Grand on Main, a $105 million mixed-use development in downtown Westfield, a northern suburb of Indianapolis. The project will include 216 upscale multifamily residences, 60,000-plus square feet of retail and office space, three rooftop amenity plazas, work-from-home suites, a golf simulator, cold plunge and sauna, a resort-style pool and public art installations. BW Development is the developer. The project is made possible through a public-private partnership with the City of Westfield, including tax-increment financing support for a new 575-space parking garage. Completion is slated for late 2027.

December 18, 2025

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