Mixed-Use Archives - REBusinessOnline

Redwood West, Panattoni Purchase 394,616 SF The Pike Lifestyle Center in Long Beach, California

Amy Works — Wed, 01 Jul 2026 13:41:02 +0000

LONG BEACH, CALIF. — Redwood West, in partnership with Panattoni, has purchased The Pike, a 394,616-square-foot waterfront retail, dining and entertainment lifestyle center in Long Beach. Terms of the purchase were not released. Located at 95 S. Pine Ave., The Pike features mixed-use commercial space that was 91 percent leased at the time of sale. Current tenants include Cinemark Theaters, Restoration Hardware, EōS Fitness, Nike Factory Store, H&M, Levi’s, P.F. Chang’s, Gladstones, California Pizza Kitchen and Starbucks Coffee. Redwood West and Panattoni plan to invest $20 million to deliver placemaking initiatives, community-focused events, strategic leasing, neighborhood-serving uses and experiential activations.

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Partnership Completes Phase I of Boston Mixed-Use Development

Taylor Williams — Thu, 25 Jun 2026 14:58:39 +0000

BOSTON — A partnership between Harvard University and New York City-based real estate giant Tishman Speyer, as well as Tishman Speyer’s life sciences affiliate Breakthrough Properties, has completed Phase I of a mixed-use development in Boston’s Allston neighborhood. Known as the Enterprise Research Campus, the development’s initial phase spans 9 acres and features a 343-unit apartment community known as Verra, the 246-room Atlas Hotel, a two-building life sciences and lab complex, a conference center, 40,000 square feet of street-level retail and restaurants and 2 acres of open green space. The Enterprise Research Campus was first announced in summer 2023 and funded by $750 million in construction financing provided by a syndicate of lenders led by New York City-based Otera Capital.

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Michigan Strategic Fund Approves $270.7M Plan for Redevelopment of Former Lakeside Mall

Kristin Harlow — Wed, 24 Jun 2026 14:33:13 +0000

STERLING HEIGHTS, MICH. — Gov. Gretchen Whitmer and the Michigan Strategic Fund Board have approved a $270.7 million Transformational Brownfield Plan (TBP) to support the redevelopment of the former Lakeside Mall site in Sterling Heights. The proposed plan includes roughly 1,545 residential units across nine multifamily buildings ranging in size from four to five stories, including a building targeted at residents over 55 years of age. Additionally, the project will add 154,007 square feet of new retail space, a central community park and green space and a mix of parking lots and street parking for residents and visitors. When complete, the project is estimated to result in $621 million in total capital investment. Aside from participating in tax revenue capture to support the redevelopment plan, the City of Sterling Heights intends to proceed with a bond issuance of approximately $27.6 million to assist in the cost of the infrastructure. The total TBP incentive package will be reimbursed over 30 years. The developer, Lakeside OOTB Ventures LLC, is a subsidiary of Lionheart Capital. Lakeside Mall closed in July 2024.

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Lowes Foods to Anchor Mixed-Use Project in Mooresville, North Carolina

John Nelson — Wed, 24 Jun 2026 13:41:46 +0000

MOORESVILLE, N.C. — Lowes Foods plans to anchor Cadia Village Mooresville, a mixed-use development underway in suburban Charlotte. The Winston-Salem-based grocer will open a 52,000-square-foot store that features various departments, including a craft brewery (The Beer Den), coffee shop (Boxcar Coffee) and bakery (The Cakery). The developer, Pappas Properties, plans to break ground on the new Lowes Foods store in the third quarter, aiming for delivery in 2027. Situated near Lake Norman, Cadia Village Mooresville will feature a retail center, offices, a community village green space, for-sale homes, active adult apartments and cottage townhomes. Pappas Properties broke ground on Phase I of the mixed-use project last November.

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JLL Arranges $26M in Construction Financing for Buffalo Mixed-Use Project

Taylor Williams — Wed, 24 Jun 2026 13:31:46 +0000

BUFFALO, N.Y. — JLL has arranged $26 million in construction financing for Heritage Point, a mixed-use project in Buffalo’s Canalside district that will consist of 61 apartments and 30,000 square feet of commercial space across two six-story buildings. The financing comprises a $14.8 million senior construction loan from national lender X-Caliber and $11.2 million of Commercial Property Assessed Clean Energy (C-PACE) financing from its affiliate, CastleGreen Finance. Jillian Mariutti led the JLL team that arranged the financing on behalf of the developer, Sinatra & Co., which expects to deliver Heritage Point in the third quarter of next year.

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Berkadia Arranges $124.6M Loan for Refinancing of Irving Mixed-Use Property

Taylor Williams — Tue, 23 Jun 2026 15:13:56 +0000

IRVING, TEXAS — Berkadia has arranged a $124.6 million loan for the refinancing of Alesio Urban Center, a mixed-use property in Irving’s Las Colinas district that consists of 908 apartments and 55,499 square feet of commercial space. Developed on 17.3 acres in phases between 1987 and 1995, Alesio Urban Center comprises 14 residential buildings, a structured parking garage and 23 commercial spaces. Residences come in one-, two- and three-bedroom floor plans, and amenities include five pools, a fitness center with yoga and Pilates studios, a business center, game lounge, running trail and a media/theater room. Blackstone provided the loan to the owner, Harbor Group International. Charles Foschini, Christopher Apone, Shannon Wilson and Lourdes Carranza-Alvarez led the debt placement efforts for Berkadia.

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Partnership to Launch $280M Mixed-Use Entertainment District Surrounding Neyland Stadium in Knoxville

John Nelson — Tue, 23 Jun 2026 14:47:13 +0000

KNOXVILLE, TENN. — A public-private partnership between the University of Tennessee and a newly formed development platform comprising Arctos, RVX Ventures and Magellan Development Group will soon begin the development of Neyland Entertainment District, a $280 million mixed-use village surrounding Neyland Stadium, the home football arena of the University of Tennessee. The waterfront development in Knoxville will feature approximately 100,000 square feet of entertainment space alongside a 24-story hotel and residences, along with a private members club. Arctos is the majority equity investor in the project and is participating as a general partner alongside a sponsor team led by RVX, Magellan and Dixon Greenwood. The construction timeline was not disclosed, but Knoxville News Sentinel reports that construction is expected to begin this summer and include the overhaul of the G10 parking garage, which is a hub of parking and tailgating on game days. The media outlet also reported that the University of Tennessee System Board of Trustees approved a 99-year lease for the development in early May.

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CenterCal Properties Unveils Plans for Expansion of 1 MSF Mixed-Use Development Near Boise, Idaho

Amy Works — Fri, 19 Jun 2026 13:08:17 +0000

MERIDIAN, IDAHO — CenterCal Properties has unveiled plans for the expansion of The Village at Meridian, a 1 million-square-foot mixed-use development located in Meridian, roughly 10 miles west of downtown Boise. Phase II of the project will encompass 80,000 square feet of commercial space across six new buildings. Tenants that have committed to Phase II include Vuori, Alo, Kendra Scott, Tecovas, Gorjana, solidcore and Tempur-Pedic, along with Flower Child and Paris Baguette. Additional tenants will be announced as leasing activity continues. Initial openings are expected in September 2026, while completion of Phase II is anticipated for February 2027.

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NewQuest Begins Work on 544-Acre Mixed-Use Development in Seguin, Texas

Taylor Williams — Mon, 15 Jun 2026 11:47:00 +0000

SEGUIN, TEXAS — Houston-based developer NewQuest has begun work on Seguin Exchange, a 544-acre mixed-use development that will be located on the northeastern outskirts of San Antonio. NewQuest first acquired the land in 2007 and is now underway on infrastructural work. Plans for Seguin Exchange currently call for approximately 2 million square feet of industrial space and 750,000 square feet of retail, restaurant and entertainment space that will be housed within a single shopping center. Seguin Exchange is also planned to feature medical, multifamily and hospitality uses. Within the development’s retail component, NewQuest is in negotiations with various retailers that could account for as much as 400,000 square feet of preleasing activity, inclusive of anchor spaces. NewQuest expects the first retail stores to open at the end of 2027. The majority of retailers, service businesses and restaurants should follow in 2028. Within the industrial component, the site can support more than 250 acres of new development, which NewQuest plans to construct in partnership with an undisclosed, Houston-based firm. Ohio-based automotive supplier KTH Parts has already committed to the project via a 40-acre ground lease, with construction slated to begin later this year. “We are fortunate to have been patient with…

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MMCC Arranges $85M in Construction Financing for Beverly Hills Mixed-Use Project

Amy Works — Fri, 12 Jun 2026 13:52:08 +0000

BEVERLY HILLS, CALIF. — Marcus & Millichap Capital Corp. (MMCC) has arranged $85 million in construction financing for the development of a 297,771-square-foot mixed-use property at 55 N. La Cienega Blvd. in Beverly Hills. Sharone Sabar of MMCC arranged the financing on behalf of a private investor through a national banking institution. The four-year construction loan was structured at 65 percent loan-to-cost. The six-story property will features 140 multifamily residences and 13,303 square feet of ground-floor retail space. The project will include a three-level subterranean parking structure with 177 spaces, extensive community gathering areas, a restaurant and bar, a coffee shop, recreation lounge, theater, wet and dry saunas, conference facilities, private workspaces and a communal kitchen, as well as a rooftop deck with a resort-style pool. Eleven units will be designated for low-income households and an additional 11 units for moderate-income households.

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BCIP Acquires 32.6 Acres on Florida’s Space Coast, Plans Grocery-Anchored Mixed-Use Development

Abby Cox — Fri, 12 Jun 2026 13:11:36 +0000

WEST MELBOURNE, FLA. — Barron Collier Investment Partners (BCIP) has acquired 32.6 acres from MultiVerse Global, the developers of the 225-acre Space Coast Town Center in West Melbourne, a city on Florida’s Space Coast. BCIP will develop The Landing at Space Coast, a planned mixed-use project that will serve as the cornerstone of the larger master-planned community. Phase I of the project will include approximately 77,750 square feet of retail space anchored by a grocery store, along with restaurant and service-oriented tenants and 300 residential apartments. Phase II will comprise 70,000 square feet of commercial space, as well as a public art component that “celebrates the innovation, exploration and heritage that defines Florida’s Space Coast,” according to the press release. Upon completion of Space Coast Town Center, the development will include more than 2,000 multifamily residential units, 300 hotel rooms, 360,000 square feet of office space, 257,000 square feet of retail and restaurant space, a grocery store anchor and various public gathering areas.

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SJC Ventures Buys Former Macy’s at Harford Mall in Maryland, Plans 94,600 SF Mixed-Use Development

John Nelson — Wed, 10 Jun 2026 14:11:27 +0000

BEL AIR, MD. — Atlanta-based mixed-use developer SJC Ventures has purchased the former Macy’s store at Harford Mall in Bel Air from CBL Properties, a mall REIT based in Chattanooga, Tenn. The purchase secured the final piece of property needed for SJC to begin construction next month on Derby Place, a 94,600-square-foot mixed-use property. SJC completed the first phase of development when it converted the former Sears into the Shops of Harford Mall in 2024. Derby Place will be anchored by a 35,000-square-foot organic grocer and 48,000 square feet of shops and restaurants. Another developer will construct 249 multifamily apartment units on the site with on-deck parking. The development will also feature pedestrian walkways, pocket parks and open space. Derby Place is expected to be ready for occupancy by spring 2028.

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BMC Investments Sells 100,000 SF Mixed-Use Property in Denver

Amy Works — Wed, 10 Jun 2026 14:04:50 +0000

DENVER — BMC Investments has sold 255 Fillmore, a Class A mixed-use building in Denver’s Cherry Creek neighborhood. A high-net-worth family office acquired the asset for an undisclosed price. Tim Richey of Newmark represented the seller in the deal, while Lincoln Property Co. served as investment advisor for the buyer. Alex Foshay and Kevin Shannon of Newmark also supported the transaction. Delivered in 2024, 255 Fillmore features 90,000 square feet of office space and 10,000 square feet of ground-floor retail space. The seven-story property is fully leased to multiple office tenants and three retail/restaurant tenants, including Le Colonial restaurant.

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Craig International Unveils Plans for $200M Mixed-Use Redevelopment in McKinney, Texas

Taylor Williams — Tue, 09 Jun 2026 15:22:16 +0000

MCKINNEY, TEXAS — Local developer Craig International has unveiled plans for Rowlett Station, a $200 million mixed-use redevelopment project in McKinney, a northern suburb of Dallas. The project involves the 58-acre former office campus of Globe Life, which served as the insurance company’s longtime headquarters prior to its relocation to the nearby building at 7677 Henneman Way. Preliminary plans for Rowlett Station call for multifamily, office and retail components, as well as network of walking and biking trails. Additional details on project partners and construction timelines will be announced in the coming months.

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Diversified Partners Acquires Site for 100,000 SF Mixed-Use Project in Scottsdale, Arizona

Amy Works — Tue, 09 Jun 2026 13:14:26 +0000

SCOTTSDALE, ARIZ. — Diversified Partners has closed on a waterfront property in Scottsdale that will become The Lakefront at Scottsdale, a mixed-use redevelopment. The project will revitalize a landmark waterfront site in Scottsdale, transforming a long-established location into a destination for dining, retail and gathering spaces. The 100,000-square-foot property will be redeveloped in phases offering restaurant, retail and office space centered around walkability, gathering spaces and waterfront activation. Originally developed in 1978, the redevelopment will preserve elements of the property’s longstanding architectural character while modernizing the site to serve the needs of the Scottsdale community. The Lakefront at Scottsdale will feature signature restaurants with outdoor dining overlooking the lake, boutique and experiential retail concepts, luxury wellness and lifestyle tenants and Class A office space with waterfront views, as well as a small marina with Duffy boat rentals. Construction is slated to start in third-quarter 2026 with the first phase focused on demolition and development of the restaurant and retail components. The second phase scheduled to begin in early 2027 and focus on the redevelopment of the remaining retail and office portions.

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Sunbeam, Stiles Begin Construction on $1B Waterfront Mixed-Use Development in Broward County

Abby Cox — Mon, 08 Jun 2026 14:01:52 +0000

MIRAMAR, FLA. — Private real estate development and management company Sunbeam and Fort Lauderdale-based developer Stiles have broken ground on Miramar Cove, a $1 billion, waterfront mixed-use development in Miramar, a city in South Florida’s Broward County. Miramar Cove is slated to open in the fourth quarter of 2028. At full build-out, Miramar Cove will deliver 2,874 contemporary-style homes; 400,000 square feet of retail space with a 35,000-square-foot grocer; 125,000 square feet of office space; and a 185-room hotel. A 5.5-acre water basin will serve as the heart of the property, along with dining, entertainment and gathering spaces that will be programmed for daily and evening activation. The development will also include a public entertainment district and a beach club exclusive for Miramar Cove residents. In addition, Miramar Cove will offer five miles of walking paths connecting the entire site, complemented by Founders Park’s 10-acre green space and The Estuary’s 25 acres of natural trails. The 125-acre property sits adjacent to Sunbeam’s Miramar Park of Commerce, a 5 million-square-foot corporate campus.

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Dallas Stars Plan New Arena, Mixed-Use Entertainment District in Plano

Taylor Williams — Wed, 03 Jun 2026 14:55:22 +0000

PLANO, TEXAS — The Dallas Stars are planning to open a new hockey arena and mixed-use entertainment district at The Shops at Willow Bend in Plano. The team announced on June 2 that it had signed a nonbinding letter of intent (LOI), inclusive of design and construction plans for the arena and surrounding district, which could include sports-themed retail, restaurant and entertainment uses, as well as public gathering and event spaces. The announcement comes roughly 24 hours after the NBA’s Dallas Mavericks similarly unveiled plans to move on from American Airlines Center, the downtown venue that is currently the home of both franchises, via an agreement to purchase 100-plus acres at the site of the former Valley View Mall on the city’s north side. Both teams’ leases at American Airlines Center expire in 2031. According to Sports Business Journal (SBJ), total development costs for the Stars’ arena and sports entertainment district are pegged at approximately $1 billion, with the City of Plano expected to contribute about 70 percent ($700 million) toward financing of the project. And according to the Plano Star Courier, the City would then own both the arena and the site and enter into a 30-year lease with…

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Partnership to Recapitalize Gibson Mill Adaptive Reuse Development in Concord, North Carolina

Abby Cox — Mon, 01 Jun 2026 14:01:27 +0000

CONCORD, N.C. — A partnership between Charlotte-based real estate investment firm White Point and the Liles family have announced plans to recapitalize Gibson Mill, a 653,000-square-foot adaptive reuse development located in Concord, a northeast suburb of Charlotte. White Point acquired a significant stake in the property, buying out former co-owners Joe Liles and Tom Cotter, who purchased the former Cannon Mills property in 2004. George Liles will remain part of the new ownership group, along with his four sons. Established in 1899, Gibson Mill sits on 33 acres and includes a food hall, The Depot Antique Mall, two craft breweries, restaurants and a classic car showroom, as well as office and warehouse space.

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Portman to Bring 30,000 SF Food Hall to Savona Mill Redevelopment in Charlotte

John Nelson — Thu, 28 May 2026 14:28:36 +0000

CHARLOTTE, N.C. — Portman has announced plans for Savona Food Works, a 30,000-square-foot food hall that will anchor the company’s Savona Mill adaptive reuse project in Charlotte’s West End district. Veteran food hall operator Robert Montwaid will lead the dining installation, which will offer 25 food stalls, a full-service restaurant and bar, coffee shop, flower market and rooftop bar. Montwaid’s previous ventures include leading Gansevoort Market in New York City’s Meatpacking District and Chattahoochee Food Works in Atlanta’s West Midtown neighborhood. Savona Food Works will be situated in the “Weave building,” which dates back to the 1900s, and will debut in 2027. Other components of the 27-acre mixed-use district include 200,000 square feet of creative office space and 319 apartments, with more multifamily units expected in the next phase of development. Savona Mill is situated adjacent to the Stewart Creek Greenway, a pedestrian trail that connects to the LYNX Light Rail and Blue Line Rail Trail.

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Bridgeton Divests of 36,000 SF Museum Parc Mixed-Use Property in San Francisco

Amy Works — Wed, 27 May 2026 14:04:31 +0000

SAN FRANCISCO — Bridgeton has completed the sale of Museum Parc, a mixed-use property in San Francisco’s SoMa neighborhood, to DPI Retail for $19.2 million. Eric Kathrein, Andrew Spangenberg and Allie Repaskey of JLL Capital Markets represented the seller in the transaction. Located at 300 3rd St., Museum Parc features 36,000 square feet of fully leased street-level retail space situated below 234 condominium units. Current commercial tenants include Crunch Fitness, El Dorado Latin Fusion, Aquabyte and TowerWAV.

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