Sunday, July 13, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Mixed-Use

DevelopmentMixed-UseMultifamilyTexasTop Stories

Texas Rangers, Cordish Top Out 300-Unit One Rangers Way Apartments in Arlington, Texas

by John Nelson

ARLINGTON, TEXAS — Major League Baseball team the Texas Rangers and The Cordish Cos. have topped out One Rangers Way, a 300-unit apartment development in the Dallas suburb of Arlington. The community is the multifamily component of Cordish’s Arlington Entertainment District and is situated steps away from Globe Life Field, the home ballpark of the Rangers. One Rangers Way will offer a mix of studio, one- and two-bedroom apartments with rental rates starting at the $1,500s, as well as penthouses with rates starting in the $4,000s. Each apartment will feature high-end interior finishes and appliances, including in-unit washers and dryers, high ceilings and floor-to-ceiling windows. Each of the community’s 52 floor plans are named after Rangers players or significant events, including the team’s 2023 World Series title. “One Rangers Way will bring an upscale residential component to the Arlington Entertainment District, which has become one of the fastest-growing sports and entertainment destinations in the country,” says Ray Davis, managing partner and majority owner of the Rangers. “This project also reflects the tradition of the Rangers as many of the franchise’s legendary players are being incorporated into the branding of the building.” The property will feature 43,000 square feet of amenities, including an …

Continue Reading
FacebookTwitterLinkedinEmail
LoansMidwestMixed-UseNebraska

IPA Capital Markets Arranges $72.2M Loan for Refinancing of Mixed-Use Development in Metro Omaha

by Kristin Harlow

LA VISTA, NEB. — IPA Capital Markets, a division of Marcus & Millichap, has arranged a $72.2 million loan for the refinancing of La Vista City Centre, a mixed-use development in the Omaha suburb of La Vista. The property features the Vivere Apartments, a 392-unit luxury apartment complex, along with 32,878 square feet of retail space and 64,883 square feet of office space. Located adjacent to the Vivere Apartments is The Astro, an indoor and outdoor music venue, and a 34-acre park. Frank Montalto of IPA arranged the financing on behalf of the borrower, City+Ventures, a Nebraska-based investment and development company that partnered with the City of La Vista beginning in 2015 for the development. The seven-year loan features a loan-to-value ratio of 70 percent.

Continue Reading
FacebookTwitterLinkedinEmail
The-Switchyard
ArizonaDevelopmentMixed-UseMultifamilyOfficeRestaurantRetailTop StoriesWestern

Creation to Break Ground on $120M The Switchyard Mixed-Use Development in Suburban Phoenix

by Katie Sloan

QUEEN CREEK, ARIZ. — Development firm Creation is set to break ground on The Switchyard, a $120 million mixed-use development located at the northeast corner of Ellsworth and Ocotillo roads in the Phoenix suburb of Queen Creek.  Plans for the 10-acre project include the development of 54,000 square feet of restaurant, retail, residential and office space. The retail portion of the development will include a 3,800-square-foot Postino wine café and an 11,900-square-food restaurant called The Porch, which will include an expansive outdoor patio.  Creation plans to break ground on the multi-phase project later this year. Phase I is scheduled for completion in early 2026. The development team includes Dallas-based architect GFF Design and general contractor LGE Design Build.  Creation is a real estate development firm with dual headquarters in Phoenix and Dallas. The company has a $4.5 billion pipeline of ground-up development currently underway across six states.  — Katie Sloan

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentFloridaLeasing ActivityMixed-UseRetailSoutheast

Target to Open 150,000 SF Store at Lake Nona West in Orlando

by John Nelson

ORLANDO, FLA. — Target plans to open a 150,000-square-foot store at Lake Nona West, marking the first anchor tenant at the 405,000-square-foot open-air shopping center project in Orlando’s Lake Nona district. Tavistock Development is Lake Nona West’s developer and landlord. Situated on 54 acres near the Brightline Station and Orlando International Airport, the development is scheduled for completion in fall 2025. Tavistock is currently in advanced discussions with a variety of tenants, aiming to feature a mix of national brands alongside local shops, restaurants and service operators.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityMixed-UseTexas

Noble 33 Opens 14,000 SF Mexican Steakhouse Restaurant at The Allen in Houston

by Taylor Williams

HOUSTON — Hospitality group Noble 33 has opened Toca Madera, a 14,000-square-foot Mexican steakhouse restaurant, in Houston. The space is located within The Allen, a mixed-use development near Buffalo Bayou Park and can accommodate almost 400 patrons. Monochrome designed the restaurant space, which also features an outdoor dining patio, two full-service bars, a private member’s club and a private dining room. Locally based developer DC Partners owns The Allen.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentLeasing ActivityMixed-UseNorth CarolinaRestaurantRetailSoutheast

Olde Mecklenburg Brewery to Open Venue at The Bowl at Ballantyne in Charlotte

by John Nelson

CHARLOTTE, N.C. — Olde Mecklenburg Brewery (OMB) will open a new restaurant and biergarten venue at 15025 Bowl St. at The Bowl at Ballantyne, a mixed-use development underway in Charlotte’s Ballantyne district. In addition to a 14,000-square-foot building comprising two levels of restaurant, retail and balcony space, the property features a one-acre biergarten and two freestanding buildings with beverage service and bathrooms. This marks the second location for OMB, with the original location in Charlotte’s LoSo neighborhood. Northwood Retail, the landlord of The Bowl at Ballantyne and an affiliate of Northwood Investors, recently signed a lease with Hawkers Asian Street Food to join the tenant roster in early 2025.

Continue Reading
FacebookTwitterLinkedinEmail
Central-Station-Phoenix-AZ
ArizonaDevelopmentMixed-UseMultifamilyOfficeRetailStudent HousingWestern

GMH Communities Plans 1 MSF Central Station Mixed-Use Project in Phoenix

by Amy Works

PHOENIX — GMH Communities has unveiled plans for Central Station, a 1 million-square-foot, mixed-use, transit-oriented community in Phoenix. The project will consist of two residential towers that will offer market-rate, student and workforce housing, two levels of below-grade parking, a transit hub, retail space and office space. Adjacent to Civic Space Park and Arizona State University’s downtown Phoenix campus, the 22-story student housing tower will offer 655 beds, and the 33-story residential building will offer 338 units. The project team includes Medistar, Layton Construction, Multistudio and CBRE Investment Management.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentHospitalityIndustrialMixed-UseMultifamilyNew JerseyNortheastRetailTop Stories

Clarion, MRP Industrial Break Ground on Final Phase of Burlington Center Mall Redevelopment in New Jersey

by John Nelson

BURLINGTON TOWNSHIP, N.J. — A partnership between industrial development firms Clarion Partners and MRP Industrial has started construction on the final phase of The Crossings, a redevelopment of the former Burlington Center mall located in the Philadelphia suburb of Burlington Township. The last phase comprises 500 multifamily units, including affordable housing options, that are set to open in late 2025. The new apartments will cap a six-year effort by Clarion Partners and MRP to transform the 800,000-square-foot enclosed regional mall into a mixed-use destination. In addition to the planned multifamily component, The Crossings will feature more than 2.5 million square feet of warehouse and distribution space, approximately 135,000 square feet of retail space and a 153-room hotel at full build-out. Clarion Partners and MRP expect The Crossings to support 1,400 new jobs at full capacity, including 900 in the warehouse sector and 500 in retail and hospitality. Moonbeam Capital Investments, the Las Vegas-based owner of the former Burlington Center mall, assisted in the redevelopment efforts. “The Crossings was made possible by the cooperation of Burlington Township and County elected officials, who recognized the opportunity to transform a blighted shopping mall into an integrated, vibrant and economically viable mixed-use development that …

Continue Reading
FacebookTwitterLinkedinEmail
2nd-Adams-Denver-CO
ColoradoDevelopmentMixed-UseOfficeRestaurantRetailWestern

Magnetic Capital Breaks Ground on 100,000 SF Mixed-Use Building in Denver

by Amy Works

DENVER — Magnetic Capital has broken ground on 2nd & Adams, a mixed-use building located at 2nd Street and Adams Avenue in the Cherry Creek submarket of Denver. Slated for completion in third-quarter 2025, 2nd & Adams will feature 80,000 square feet of office space and 20,000 square feet of retail space. The building will have multiple food, beverage and retail concepts across the ground-floor space, and the rooftop will feature a 5,600-square-foot bar and restaurant. Bow River Capital, a Denver-based private alternative asset manager, has pre-leased 30,000 square feet of office space at 2nd & Adams for the company’s headquarters. The project team includes OZ Architecture as architect and Mortenson Construction as general contractor. Blake Holcomb of CBRE is handling leasing for the project.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentMarylandMixed-UseSoutheastTop Stories

MCB Real Estate to Develop 280-Acre VIVA White Oak Mixed-Use Project Near Washington, DC

by Kristin Harlow

SILVER SPRING, MD. — MCB Real Estate has unveiled plans to develop VIVA White Oak, a 280-acre mixed-use project anchored by healthcare space in Silver Spring, approximately six miles north of downtown Washington, D.C. Plans call for 3 million square feet of lab, office, research and medical space; 525,000 square feet of retail; 3,000 square feet of hotel space; 75,000 square feet of senior living; 4,500 private residences; and 85 acres of open space. MCB is currently working with stakeholders and public officials to refine the specifics, but the healthcare component will focus on the life sciences and biohealth industries. MCB plans to break ground in the second quarter of 2025, with the first phase of retail slated to open in mid-2028. The development will offer direct access to U.S. Route 29 and is near the University of Maryland. The project site, which has been approved for 12 million square feet of mixed-use development by Montgomery County, is adjacent to the U.S. Food and Drug Administration headquarters and near the Adventist HealthCare White Oak Medical Center. According to the Washington Business Journal, VIVA White Oak was originally a $3 billion project spearheaded by Global LifeSciences Development Corp. but was long …

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts