REBusinessOnline

Callahan Construction Completes 550,000 SF Mixed-Use Redevelopment in Malden, Massachusetts

MALDEN, MASS. — Callahan Construction Managers has completed a project in the northern Boston suburb of Malden that redeveloped the former Malden Center transit station into a 550,000-square-foot mixed-use destination. Rebranded J. Malden Center, the property now connects the Malden MBTA station with 25,000 square feet of retail and restaurant space, 320 residential apartments and a civic office condominium that now serves as Malden City Hall. CBT Architects designed the project. Jefferson …

Development, Massachusetts, Mixed-Use, Northeast

Phase II Development of Mixed-Use Project Surrounding Pro Football Hall of Fame in Canton, Ohio Expected to Begin This Year

CANTON, OHIO — Hall of Fame Resort & Entertainment Co. (NASDAQ: HOFV) is working with multiple financial partners to obtain funding to move forward with Phase II of a massive mixed-use project surrounding the Pro Football Hall of Fame in Canton. The project is named the Hall of Fame Village Powered by Johnson Controls. Phase I included the construction of the Tom Benson Hall of Fame Stadium and the National Youth Football and Sports Complex. The stadium was dedicated in 2017.The …

Development, Midwest, Mixed-Use, Ohio

Facebook Leases 730,000 SF of Office Space at Vornado’s Farley Building in Manhattan

NEW YORK CITY — Facebook (Nasdaq: FB) has signed a lease to fully occupy the office portion of The Farley Building, a mixed-use project under construction in Manhattan. The landlord, Vornado Realty Trust (NYSE: VNO), is redeveloping the historic property, which was formerly the James A. Farley Post Office Building.The social media giant will occupy 730,000 square feet in the building. A timeline for the move-in and the number of employees moving into Farley was not disclosed.“The …

Development, Leasing Activity, Mixed-Use, New York, Northeast, Office, Top Stories

TRU Development, MultiGreen Properties to Build 336-Unit Apartment Community Near Las Vegas

HENDERSON, NEV. — TRU Development, in partnership with capital partner and real estate operating company MultiGreen Properties, has acquired a 19-acre land parcel at the southeast corner of Galleria Drive and Boulder Highway in Henderson. Terms of the acquisition were not released.The partnership plans to develop theAPEX @galleria, a 336-unit apartment community with 3.8 acres of retail development available for sale, ground lease or build to suit. Apartments will be available for lease …

Development, Mixed-Use, Multifamily, Nevada, Retail, Western

Mountain Pacific Starts Construction of $14M Mixed-Use Development in San Pedro, California

SAN PEDRO, CALIF. — Los Angeles-based Mountain Pacific Opportunity Partners, in partnership with South Bay Developers and ARK Construction & Development, has started construction 336 W. Seventh Street, a mixed-use development in San Pedro.Situated on a 14,000-square-foot opportunity zone site, the $14 million project will feature a five-story building offering 32 apartments in a mix of one-, two- and three-bedroom layouts, as well as two two-story penthouses. Three of units will be …

California, Development, Mixed-Use, Multifamily, Western

Gulf Coast Nears Completion of First Phase of 24-Acre Lower Heights Mixed-Use Project in Houston

HOUSTON — Gulf Coast Commercial Group is nearing completion of the initial phase of Lower Heights, a 24-acre mixed-use project located just west of downtown Houston. The project is being developed on an assemblage of former industrial sites fronting Interstate 10. The most recent addition to Lower Heights is a 35,000-square-foot office building with street-level retail space that has been preleased to Central Bank and coworking operator SheSpace. The development also features a 375-unit …

Development, Mixed-Use, Texas

Clayco to Redevelop Vacant Hospital into $100M Mixed-Use Project in St. Louis

ST. LOUIS — Clayco is underway on Delmar Divine, a $100 million redevelopment of a long-vacated hospital campus along Delmar Boulevard in St. Louis. The 500,000-square-foot project will become “a hub for innovation and enterprise,” according to Clayco. Completion is slated for fall 2021.The first phase will establish a nonprofit working space, a café and residential apartments. The 150 multifamily units will be geared toward professionals in fields such as social work, nursing and …

Development, Midwest, Missouri, Mixed-Use, Top Stories

Developer Trio Plans 11-Acre ATC West Mixed-Use Project in Downtown Durham

DURHAM, N.C. — A trio of real estate owners and developers has unveiled plans for an 11-acre mixed-use development in downtown Durham. Capitol Broadcasting Co. (CBC), Hines and USAA Real Estate have formalized a joint venture to move forward with the 700,000-square-foot project known as ATC West. Construction is expected to begin in late 2021 or early 2022.The development will be situated on the west side of the American Tobacco Campus (ATC), an adaptive reuse district that houses …

Development, Mixed-Use, North Carolina, Southeast, Top Stories

Coldwell Banker Negotiates $14.4M Sale of Mixed-Use Development Site in Temple City, California

TEMPLE CITY, CALIF. — Coldwell Banker Commercial has arranged the sale of a development site located at 5570 Rosemead Blvd. in Temple City. An undisclosed buyer acquired the site for $14.4 million.The buyer plans to redevelop the 1.4-acre land parcel into a mixed-use community with 73 residential units and 15,000 square feet of ground-floor retail space. The four-story building will offer units ranging from 732 square feet to 1,251 square feet, with three live-work units and lofts on the …

California, Development, Mixed-Use, Multifamily, Retail, Western

Greenberg Gibbons, Caves Valley Partners to Open Student Housing Community Within $350M Towson Row in August

TOWSON, MD. — Greenberg Gibbons and Caves Valley Partners will open Phase I of Towson Row, a $350 million mixed-use development in Towson, in August. The first phase includes Altus, a 214-unit student housing community that will include retail and restaurant space on the ground level. Gilbane Development Co. is building and managing Altus, which is located at the corner of Susquehanna Avenue and Towson Row, one mile north of Towson University. Located on the first level of the Altus building …

Development, Maryland, Mixed-Use, Multifamily, Southeast, Student Housing
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