Mixed-Use

McGee Building

KANSAS CITY, MO. — Construction is complete on the McGee Building, a mixed-use loft-style building at 2980 Gillham Road in Kansas City. The property is located in the Union Hill neighborhood, a 16-block district in Kansas City that features entertainment, dining, condominiums, retail, office space, a Fairfield Inn & Suites by Marriott and green space. The building will offer 56 loft-style residential units, as well as 4,325 to 18,000 square feet of retail space. The building is named after Allan B.H. McGee, one of Kansas City’s earliest settlers. The building will feature reclaimed timber furniture from local craftsman Jim Drew, a gallery of rotating art in the first-floor lobby, rainwater cistern and nearly $1.2 million in streetscaping around the building. Units range in price from $850 to $1,510 per month.

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the-star-plaza-dallas-cowboys

FRISCO, TEXAS — The Dallas Cowboys have unveiled the name of their planned 91-acre mixed-use development that will include the team’s new headquarters. The Star in Frisco is the official name for the development that will house the Cowboys’ training complex, a 12,000-seat multi-use event center, an Omni hotel and a range of mixed-use elements on the property. The complex is located at the northwest corner of Warren Parkway and the Dallas North Tollway. The Cowboys expect to move into the complex in 2016.

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cityline-richardson

RICHARDSON, TEXAS — KDC has announced that Coal Vines, a fast-casual restaurant, will join CityLine, the company’s 186-acre mixed-use project in Richardson. The restaurant is scheduled to open in summer 2015.  The restaurant is an Italian bistro concept serving individual pizzas, salads, pastas and several whole wheat and gluten-free options. Coal Vines will be located on State Street near CityLine Plaza.

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Riverwalk Village

ROSWELL, GA. — Duke Land Group has unveiled preliminary plans for Riverwalk Village, a 104-acre mixed-use development in Roswell. The project will be located between Georgia 400 and Old Alabama Road. Approximately 43 percent of the land will be preserved as open space, including parks, public spaces, pedestrian-oriented zones and a system of walking and biking trails that will connect Riverwalk Village and surrounding neighborhoods to the Chattahoochee River. The project’s developers plan to construct open channel streams to an existing lake on the site, which will be surrounded with boardwalks, restaurants and retailers. The Atlanta Regional Commission (ARC) will review the proposed site plan, which calls for 1,500 residential units, including single-family attached, multifamily and active adult housing; 490,000 square feet of general commercial real estate including retail, restaurant, entertainment and grocery; 1.7 million square feet of office space; a 200-room hotel; and 200,000 square feet of civic and institutional space including the Swift School, a school for children with language-based learning differences. Pending zoning and permits, construction is expected to begin in the fourth quarter of 2015.

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731-Meeker-Brooklyn

NEW YORK CITY — Marcus & Millichap has arranged the sale of 731 Meeker Avenue in Brooklyn. The 8,800-square-foot mixed-use property sold for $1.8 million. Shaun Riley, Michael Salvatico and James Saros of Marcus & Millichap’s Brooklyn office represented the seller, an individual/personal trust, and the buyer, a private investor, in the transaction.

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Berewick Town Center

CHARLOTTE, N.C. — Pappas Properties has commenced construction on Berewick Town Center, a Harris Teeter-anchored shopping center in Charlotte’s Steele Creek neighborhood. The asset will be located at the intersection of Dixie River Road, Steele Creek Road and Shopton Road West. The $60 million Phase I of Berewick Town Center includes a town center structure with a 53,000-square-foot Harris Teeter, Walgreens drug store, retail space, restaurants and a hotel. Pappas Properties plans to deliver Phase I in summer 2016. Phase II will feature medical office space, office space, multifamily residences and additional retail space. Shelco is the general contractor, and Shook Kelley and LandDesign are providing architecture and engineering services for the project. Brian Roth of Pappas Properties is handling outparcel sales and office space interest for Berewick Town Center, while Gwen Glaeser of CNL represents the development and its retail and shop space leasing needs.

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309-Vine_Cincinnati

CINCINNATI — Village Green has purchased 309 Vine St. in downtown Cincinnati and plans to redevelop the 300,000-square-foot building into a mixed-use property. The redeveloped building is set to open under a new name in 2016. Plans for the property include the addition of luxury apartments, penthouses, a market, restaurant and offices. The 1920s era, Beaux–Arts commercial building was originally an annex to the PNC Tower. In the 1800s it was the site of The Burnet Hotel, known for hosting President-elect Abraham Lincoln on his inaugural journey to Washington D.C.

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SL-Green

NEW YORK CITY — RKF has arranged the $32.3 million sale of 102 Green Street, a retail/residential property located in Manhattan’s SoHo district. SL Green purchased the property from BLDG Greene Street LLC. The acquisition includes the 9,200-square-foot building and 5,500 square feet of air rights for future commercial development. Galeria Melissa, a high-end designer shoe salon, currently occupies the 2,000-square-foot retail component within the property. The asset also features two residential units on the second and third floors. Jeff Fishman and Ross Berkowitz of RKF represented the seller and procured the buyer. Additionally, Fishman represented BLDG Green Street LCC in its purchase of the property for $11.9 million in June 2012.

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46-Old-Fulton-Street-TerraCRG

NEW YORK CITY — TerraCRG has brokered the sale a commercial loft building located at 46 Old Fulton St. in the Dumbo/Fulton Ferry district of Brooklyn. The four-story, 17,864-square-foot loft building sold for $6.7 million or $375 per square foot. The property has a total of 22,330 gross usable square feet and 42 feet of frontage on Old Fulton Street. The existing building is configured as nine commercial units with a full basement. The 3,466-square-foot retail space and the entire fourth floor was delivered vacant. Ofer Cohen, Melissa Warren, Dan Marks, Peter Matheos, Michael Hernandez and Joey Terzi of TerraCRG represented both the buyer and seller in the transaction.

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CINCINNATI — Edge Real Estate Group has arranged two retail leases at Oakley Station in Cincinnati. Bar Louie has signed a lease for 6,300 square feet of space and Pet Supplies Plus has signed a lease for 9,750 square feet of space. Bar Louie will be located on Vandercar Way at Factory Colony Way, and Pet Supplies Plus will be located adjacent to Kroger Marketplace. Michael Halonen and Melissa Ruther of Edge represented the landlord, USS Realty, in both lease transactions. Oakley Station is a 74-acre, mixed-use development. Cincinnati Milacron, a manufacturing complex, formerly occupied the center.

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