Mixed-Use

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

Loans Mixed-Use Multifamily Office Southeast Tennessee

CBRE Arranges $181.5M Refinancing for Finery Mixed-Use Development in Nashville

by John Nelson December 17, 2025

NASHVILLE, TENN. — CBRE has arranged three loans totaling $181.5 million for the refinancing of The Finery, a mixed-use development in Nashville’s Wedgewood-Houston neighborhood that comprises The Residences at The Finery and the adjacent T3 Wedgewood Houston office building. Mike Ryan, Brian Linnihan, Richard Henry, Blake Cohen, J.P. Cordeiro and Taylor Crowder of CBRE arranged the loans on behalf of the borrowers, Hines and Peakline Partners. Oxford Properties Group provided an $118 million loan for The Residences at The Finery, and Tishman Speyer provided a $17.5 million mezzanine loan behind Blue Owl’s $46 million loan for the T3 office building.

December 17, 2025

Development Midwest Mixed-Use Multifamily Wisconsin

Smith Gilbane Underway on 199-Unit Apartment Complex at Madison Yards in Wisconsin

by Kristin Harlow December 17, 2025

MADISON, WIS. — Smith Gilbane, the joint venture development team comprised of Gilbane Development and Summit Smith Development, is underway on Block Three at Madison Yards. The project is the latest phase of the Madison Yards master-planned community. Smith Gilbane is redeveloping 14 acres at the southwest corner of University Avenue and Segoe Road into a walkable, mixed-use district with 500 residential units, an upscale hotel, multiple Class A office spaces, 400,000 square feet of medical/office space, a Whole Foods Market store and retail, restaurant and entertainment uses. Block Three will include 199 market-rate apartment units, 8,733 square feet of retail space and 200 temperature-controlled parking stalls. Construction began in July, and the first occupants are anticipated to move in during the spring, following construction completion in March 2027. Amenities will include a private courtyard, rooftop sky club and deck with views of Lake Mendota, coworking spaces, fitness and yoga areas, a pet spa, sauna and a three-season greenhouse. Completed components of Madison Yards include EO Madison Yards, a 273-unit apartment building; a 50,000-square-foot Whole Foods Market store; a State of Wisconsin office building; and a hub of Class A office space.

December 17, 2025

Development Mixed-Use Southeast Top Stories Virginia

Greenberg Gibbons Breaks Ground on $500M Midtown64 Mixed-Use Project in Richmond

by Kristin Harlow December 17, 2025

RICHMOND, VA. — Greenberg Gibbons has broken ground on Midtown64, a more than $500 million mixed-use development comprising 46 acres in Henrico County, located just outside downtown Richmond. Shamin Hotels is a joint venture partner for the project, which is being built on the former Genworth Financial headquarters campus. The personal finance firm signed a 175,000-square-foot office lease in late 2022 to move its headquarters to the SunTrust Business Center in the Richmond suburb of Glen Allen, Va. Located at the intersection of West Broad Street and I-64, Midtown64 will span 2 million square feet with up to 130,000 square feet of upscale retail, restaurant and entertainment space. Anchor tenants will include a grocery store and new-to-market fitness concept. The project will also include up to 300,000 square feet of Class A office space, an apartment community with nearly 1,000 units, 194 townhomes built by homebuilder Lennar and a 226-room, dual-branded hotel featuring Tempo by Hilton. Greenberg Gibbons says the development will feature contemporary architecture, landscaped plazas and convenient parking within a walkable environment. “Midtown64 builds on our track record of revitalizing properties into thriving mixed-use destinations, while marking an exciting expansion of our portfolio in Virginia,” says Brian Gibbons, …

December 17, 2025

Development Florida Mixed-Use Multifamily Southeast

Prestige, Brunetti Deliver 341-Unit Apartment Community at Hialeah Park Race Track & Casino in Metro Miami

by John Nelson December 16, 2025

HIALEAH, FLA. — A partnership between Prestige Cos. and Brunetti Organization has completed Flamingo Village, a 341-unit apartment community located at 2200 E. Fourth Ave. within the 200-acre Hialeah Park Race Track & Casino campus. The community is situated on 13 acres and represents the largest development on the site since the casino opened in 2013. Brunneti is the master developer of Hialeah Park, which is located about 11.5 miles northwest of Miami. Centennial Bank provided a $60.7 million construction loan to the co-developers for Flamingo Village, which features floorplans ranging in size from 890 to 1,375 square feet in garden-style and townhome layouts. Monthly rental rates range from $2,600 to $3,375, according to Apartments.com. Amenities include two clubhouses, swimming pools, wide landscaped walkways, a fitness center with a yoga and meditation studio, business center, pet play area, a park and tanning deck. Flamingo Village is situated within walking distance of the Hialeah Metrorail station.

December 16, 2025

Development Mixed-Use Texas

Partnership Breaks Ground on $200M Water-Themed Mixed-Use Project in McKinney, Texas

by Taylor Williams December 15, 2025

MCKINNEY, TEXAS — A partnership between the City of McKinney, located north of Dallas, and developer Cole Cannon has broken ground on a $200 million water-themed mixed-use project on a 35-acre site at the northeast corner of Stacy Road and State Highway 121. Known as Cannon Beach, the development will comprise a three-acre surf lagoon and resort-style hotel, as well as dining, entertainment and other commercial spaces. The hotel will feature a rooftop pool area that can support private events, as well as lounge areas and cabanas with food service and will connect to the surf lagoon and other water-focused attractions, including cliff diving and a stationary surf wave. Plans also call for a skateboard park, movie theater, bowling alley, health club and indoor recreation facilities. The McKinney Economic Development Corp. and the McKinney Community Development Corp. are also partners on the project, the first phase of which could open as early as mid-2027, and the development team estimates that the project could create as many as 700 new jobs and generate as much as $2 billion in regional economic impact over the next 20 years.

December 15, 2025

Development Loans Mixed-Use New York Northeast Top Stories

Partnership Receives $213M in Financing for Brooklyn Mixed-Use Project

by Taylor Williams December 15, 2025

NEW YORK CITY — A partnership between national development firm Landau Properties, Third Millennium Group and Midtown Equities has received $213 million in financing for a mixed-use project in Brooklyn that represents Phase I of a larger, $500 million development. The predevelopment financing consists of a $113 million senior loan from Northwind Group and $100 million in equity (including $25 million in preferred equity) from Atlas Capital Group. Acting on behalf of the partnership, Raffi Landau of Estreich & Co. arranged the debt component, while Aaron Jungreis of Rosewood Realty Group secured the equity investment. “This financing milestone marks a major step forward for our team and underscores our long-term commitment to delivering design-driven, landmark properties in the country’s most competitive markets,” says Jonathan Landau, founder and CEO of Landau Properties. The development site at 205 Montague St. is located within the borough’s Brooklyn Heights neighborhood. Plans currently call for 46 condo residences, 90 rental residences and 40,000 square feet of retail and restaurant space. Demolitions and preliminary construction work are expected to begin early next year. — Taylor Williams

December 15, 2025

Development Mixed-Use Texas

Trademark to Develop 150-Acre Mixed-Use Project in Celina, Texas

by Taylor Williams December 12, 2025

CELINA, TEXAS — Fort Worth-based owner-operator Trademark will develop Shawnee Trail, a 150-acre mixed-use, master-planned project that will be located at the corner of Preston Road and the Collin County Outer Loop on the northern outskirts of the metroplex. Shawnee Trail will feature a retail component that could span as much as 500,000 square feet and will be anchored by a Walmart Supercenter. Additional uses are still being determined. Trademark will develop Shawnee Trail in partnership with family holding company Glendenning 1887 and the Celina Economic Development Corp.

December 12, 2025

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