Mixed-Use

Cobalt Partners Breaks Ground on Loomis Crossing Mixed-Use Development in Greenfield, Wisconsin

by Kristin Harlow February 16, 2023

GREENFIELD, WIS. — Cobalt Partners has broken ground on Loomis Crossing, a new mixed-use development located at the Loomis Road interchange along I-894 in Greenfield, a southwest suburb of Milwaukee. Comprising more than 38 acres, the project will feature medical office, retail, luxury apartment units, a business park and The TURF Skatepark. Construction is underway on the 267-unit apartment component as well as a 40,288-square-foot medical office building. Cobalt is partnering with Milwaukee-based healthcare developer Hammes on the medical office component. Some physician groups, including Eye Physician Associates SC, have signed leases for the building, which is slated for completion later this year. Rinka is the architect and CG Schmidt is the construction manager. The Boerke Co. is handling leasing and marketing.

February 16, 2023

Development Leasing Activity Michigan Midwest Mixed-Use

Dancing Pine Korean Steakhouse Joins Tenant Lineup at Sakura Novi Mixed-Use Project in Michigan

by Kristin Harlow February 16, 2023

NOVI, MICH. — The Dancing Pine Korean Steakhouse has signed a lease to join the tenant lineup at Sakura Novi, an Asian-themed mixed-use development in Novi. Sakura Novi will feature a collection of Asian-themed restaurants, high-end retail shops, 117 townhome apartments as well as a Japanese-themed garden path, pond and public plaza. The Dancing Pine is a steakhouse brought to market by Seven York Inc., the owner behind many restaurants across metro Detroit such as Kimchi Box, Dae Jang Keum, Tomo Sushi, The Seoul, Blue Fish Asian Cuisine and Mama Satto. Cindy Ciura of CC Consulting assisted in bringing The Dancing Pine to the development. Sakura Novi LLC, an affiliate of Robert B. Aikens & Associates LLC, specializes in culturally themed real estate development, the creation of restaurant collections and mixed-use real estate development. Sakura Novi LLC has executed a joint venture agreement with Robertson Brothers Homes to construct the project’s rental townhome community. The units will feature private entrances, one- and two-car attached garages, first-floor offices and two- or three-bedroom layouts. The demolition of the buildings on the project site took place last fall. Prior to then, the project had been caught up in the pre-development process for multiple …

February 16, 2023

Colorado Development Mixed-Use Office Retail Western

Confluent Development Completes 127,000 SF Vectra Bank Corporate Center in Denver

by Amy Works February 13, 2023

DENVER — Confluent Development has completed Vectra Bank Corporate Center, a nine-story office building within Belleview Station in Denver. The 127,000-square-foot building brings together more than 200 employees from across the Denver metro area to serve Vectra Bank customers and facilitate the bank’s future growth. Vectra Bank Corporate Center features floors of office space and parking; a 4,300-square-foot conference center for employee training and hosting public events; and one floor of commercial retail space, including a Vectra Bank branch. Other features at the building include eight electric vehicle charging stations, bicycle storage, a greenspace with a large open-air patio on the sixth floor, café, grand fireplace and a lobby on the ninth floor. The project team included Open Studio Architectures, Weitz Co. and Provident Construction, as well as in-house entitlement experts at Confluent.

February 13, 2023

Development Florida Leasing Activity Mixed-Use Office Southeast

Terra, Blanca Begin Leasing Offices at Mixed-Use Development in Miami’s Bay Harbor Islands District

by John Nelson February 9, 2023

MIAMI — Locally based developer Terra and brokerage firm Blanca Commercial Real Estate have launched leasing at The Offices at THE WELL, the office component of THE WELL Bay Harbor Islands mixed-use project located at 1177 Kane Concourse in Miami. Tere Blanca, Danet Linares, Christina Jolley and Nicole Kaiser of Blanca Commercial Real Estate have begun leasing the building’s 98,420 square feet of office space, which is spread across four floors. In addition to offices, THE WELL Bay Harbor Islands will also feature 54 luxury residences and 11,000 square feet of wellness space operated by New York-based THE WELL that includes a fitness center, concierge services, indoor and outdoor classes and onsite sessions with a health coach. Other amenities include a 6,500-square-foot food-and-beverage outlet, elevated plaza, rooftop and a parking garage. Terra plans to break ground on the mixed-use development in the first quarter with completion anticipated for late 2024. The design team includes architect Arquitectonica and interior designer Meyer Davis.

February 9, 2023

Development Mixed-Use Southeast Tennessee Top Stories

Chartwell Hospitality, Southstar Break Ground on $500M Aureum Mixed-Use Development Near Nashville

by John Nelson February 9, 2023

FRANKLIN, TENN. — A joint venture between locally based developers Chartwell Hospitality and Southstar has broken ground on Aureum, a $500 million mixed-use development located in the Nashville suburb of Franklin. Situated in the city’s Cool Springs district, the 22-acre development will feature residences, shops, restaurants, entertainment venues, offices and two hotels, as well as five acres of open space featuring parks and trails. “We are the first to market with an all-in-one entertainment, hospitality and residential community that hasn’t been seen before in this area,” says Rob Schaedle, president of Chartwell Cos. “Studies done by the city predict Cool Springs will be the gateway to a popular and highly accessible submarket of Franklin, and we expect Aureum to be a popular choice for residents.” Aureum, which is Latin for “golden,” was originally announced in summer 2019. No construction timeline was given for the development, which will be completed in phases. Aureum will be situated at the southwest corner of Carothers Parkway and McEwen Drive, a site the co-developers are calling the “golden corner” of Cool Springs. The vertically integrated mixed-use project will reach 12 stories and contain housing, commercial office space and entertainment venues. Phase I will feature 355 …

February 9, 2023

Development Mixed-Use North Carolina Southeast

Trammell Crow Co. Tops Out 400H Mixed-Use Project in Downtown Raleigh

by John Nelson February 8, 2023

RALEIGH, N.C. — Trammell Crow Co. (TCC) has topped out 400H, a 365,000-square-foot mixed-use development located at 400 Hillsborough St. in downtown Raleigh. Set to open this summer, the project will include 150,000 square feet of Class A office space, 242 residential units and 16,000 square feet of ground-floor retail space. Amenities will include conference space and an outdoor terrace for office tenants, a shared fitness center and an outdoor swimming pool for residents. The development team includes TCC affiliate High Street Residential, AECOM-Canyon Partners and HM Partners. The design-build team includes architect Gensler and general contractor Barnhill Contracting Co. CBRE will oversee property management for 400H. John MacDonell and Mimi Portratz of JLL are handling office leasing, and John Koonce of York Properties is handling the retail leasing assignment.

February 8, 2023

Acquisitions Development Florida Mixed-Use Southeast

Berkadia Arranges $39.5M Land Sale in Miami, Buyer Plans Mixed-Use Tower

by John Nelson February 8, 2023

MIAMI — Berkadia has arranged the $39.5 million sale of a one-acre, opportunity zone-designated site at 533 N.W. 2nd Ave in Miami, across from the Miami Central Brightline station. The buyer, Chicago-based The John Buck Co., is making its entry into the South Florida market with this land acquisition. The company is leading a joint venture partnership with Florida Value Partners, BH Group and PEBB Enterprises for the development of Miami Station, a mixed-use development that is currently entitled for 301 residential units, 244,000 square feet of office space and more than 7,000 square feet of retail space. The development is zoned for 36 stories with the potential for an additional 24 stories pending Federal Aviation Administration and Miami-Dade Aviation Department approval. Jaret Turkell, Roberto Pesant, Scott Wadler, Yoav Yuhjtman, Omar Morales and Jose Mota of Berkadia South Florida marketed the land on behalf of the sellers, BH 18 Investments LLC and Meyers Group.

February 8, 2023

Acquisitions Connecticut Mixed-Use Northeast

Angel Commercial Negotiates $6M Sale of Mixed-Use Building in Norwalk, Connecticut

by Taylor Williams February 7, 2023

NORWALK, CONN. — Locally based brokerage firm Angel Commercial has negotiated the $6 million sale of a 34,583-square-foot mixed-use building in Norwalk, located in the southern coastal part of Connecticut. The property at 430 Main Ave. comprises 14 retail and office units and nine apartments. Brett Sherman of Angel Commercial represented the seller, an entity doing business as C&H Lew LLC, in the off-market transaction. Sherman also procured the undisclosed buyer.

February 7, 2023

Development Florida Mixed-Use Office Southeast

Ryan Cos. Breaks Ground on 210,463 SF Feeding Tampa Bay Headquarters

by John Nelson February 3, 2023

TAMPA, FLA. — Ryan Cos. U.S. Inc. has broken ground on the new Tampa headquarters for Feeding Tampa Bay, a nonprofit organization. Upon completion, which is scheduled for 2024, the facility will comprise 210,463 square feet and serve as the primary distribution facility for the organization. The headquarters will include 41,000 square feet of cold storage warehouse space, offices, 11,000-square-foot kitchen and a mezzanine level. In addition to producing up to 6,000 meals per day, the kitchen will serve as a classroom to teach culinary skills. BDG is the architect of record for the project. Ryan is the design-build firm and is also making a financial contribution to Feeding Tampa Bay.

February 3, 2023

Development Florida Mixed-Use Southeast

Tavistock Tops Off Pier Sixty-Six Hotel, Residential Tower in Fort Lauderdale

by John Nelson February 2, 2023

FORT LAUDERDALE, FLA. — Tavistock Development Co. has topped off a new hotel and resort residential tower as part of the redevelopment of Pier Sixty-Six, a mixed-use waterfront destination in Fort Lauderdale. The reimagined Pier Sixty-Six Resort and The Residences at Pier Sixty-Six are set to debut next year. Situated on 32 acres along the Intracoastal Waterway, the overall development will ultimately include the resort and 62 luxury condominiums, as well as the property’s 164-slip marina, restaurants, shops and offices. The project team includes general contractors Americaribe and Moriarty, which are employing 1,000 construction workers for the redevelopment project.

February 2, 2023

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