Mixed-Use

LAUTH REVEALS PLAN FOR 500,000-SQUARE-FOOT BRADLEY CENTER PROJECT

by admin May 29, 2008

MILWAUKEE — Indianapolis-based Lauth has unveiled its proposed Bradley Center project, a mixed-use retail/entertainment development located on 12 acres adjacent to Milwaukee’s Bradley Center. In addition to a parking garage, the 500,000-square-foot, multi-level development will include space for major anchor tenants, junior anchors, small shops, and dining and entertainment venues. A more detailed plan of the development’s multiple phases will be presented to the city in the next year. If market demand warrants, future phases could include high-rise office, hotel and residential towers. Expansion of the project north into the Park East area is dependent on the development’s initial success.

May 29, 2008

$70 MILLION PHASE I OF MIXED-USE DEVELOPMENT UNDERWAY

by admin May 29, 2008

SOUTH BEND, IND. — Indianapolis-based Kite Realty Group Trust has acquired and ground leased separate land parcels from the University of Notre Dame for a mixed-use development project in South Bend. Construction has commenced on the $70 million first phase of Eddy Street Commons, which will include retail, office and apartment components. Future phases of the development include a 1,281-space parking garage, two Marriott hotels and for-sale residential components. The $35 million garage and other infrastructure improvements will be funded by tax increment financing bond proceeds and other city incentives. Kite Realty and White Lodging, the company’s hotel joint venture partner, assumed ownership of the land for the proposed development of the hotels. This phase is anticipated to include a full-service hotel with upscale condominiums on the top floors and a limited-service hotel. A variety of condos and townhomes will be delivered in future phases based on market demand.

May 29, 2008

Mixed-Use Southeast

CODA DEVELOPMENT TO BUILD CAMDEN COMMONS AT GATEWAY VILLAGE

by admin May 23, 2008

FRANKLIN, TENN. — Brentwood, Tenn.-based Coda Development has broken ground on Camden Commons at Gateway Village, a $70 million, 130,000-square-foot mixed-use center at the 60-acre Gateway Village development in Franklin. The European-style project will feature retail space, restaurants, offices and 190 residences. Phase one will include a single-story retail building and a three-story building featuring residential lofts and street-level retail, totaling 55,000 square feet. The mixed-use development is located at the intersection of Moore’s Lane and Franklin Road. Construction will begin in June on phase one and complete next spring, and Gateway Village is expected to complete construction in 2011.

May 23, 2008

Mixed-Use Western

AFFORDABLE HOUSING ACQUIRES SITE FOR 23-STORY MIXED-USE PROJECT

by admin May 23, 2008

SAN DIEGO — Affordable Housing has acquired a 20,000-square-foot property, which is located at 1050 B St. in San Diego, for an undisclosed price. The company plans to develop Ten Fifty B, a 23-story mixed-use project, on the site. The project will feature 229 studio, one-, two- and three-bedroom apartments and approximately 14,000 square feet of retail space. Completion is slated for spring 2010. The seller, The Smiedt Children’s Trust and the Josephson Children’s Trust, received a combination of cash and retail space in the transaction. Timothy Winslow and Jason Kimmel of Grubb & Ellis|BRE Commercial represented the seller; the buyer was self-represented.

May 23, 2008

Mixed-Use Southeast

OPUS SOUTH TO DEVELOP GEORGIA MIXED-USE PROJECT

by admin May 22, 2008

DALTON, GA. — Opus South Corp. is developing Hammond Creek, a 168-acre mixed-use project in Dalton, located at the northwest corner of North Dalton Bypass and Underwood Road. The development will feature 1.2 million square feet of retail space, which will be built in three phases. Additional phases will include apartments, senior housing and an office component. Construction is slated to begin next year. Colliers Spectrum Cauble brokered the land transaction on behalf of Opus and will also market the project.

May 22, 2008

Mixed-Use Northeast

MTA SELECTS RELATED COMPANIES/GOLDMAN SACHS TO DEVELOP HUDSON YARDS PROJECT

by admin May 21, 2008

NEW YORK CITY — The Metropolitan Transit Authority (MTA), along with Governor David Paterson and Mayor Michael Bloomberg, have announced the conditional selection of the Related Cos. and Goldman Sachs to develop the $1 billion Hudson Yards project in New York City. Comprised of the Western Rail Yard and the Eastern Rail Yard, the development team plans to turn the area into a dynamic mixed-use neighborhood that will feature affordable housing, retail stores, restaurants, office space, an expansive public space as well as galleries, arts and culture. The extension of the #7 line is expected to make the area a thriving transit oriented community. The joint venture was selected after Tishman Speyer withdrew its bid for the project.

May 21, 2008

Mixed-Use Western

THORNTON TOMASETTI INC. SELECTED FOR STRUCTURAL DESIGN FOR TRANSBAY TRANSIT

by admin May 21, 2008

SAN FRANCISCO — Thornton Tomasetti Inc. has been selected to team up with Pelli Clarke Pelli Architects to provide structural design services for Transbay Transit Center in San Francisco. The new center will centralize the region’s transportation network by accommodating nine transportation systems, including AC Transit, Caltrain, MUNI, Golden Gate Transit, SamTrans, Greyhound, BART, WestCAT and the future California High-Speed Rail. For the centerpiece of the project, the design team has proposed transforming the roof of the transit center into a public park, City Park. The 5.4-acre park would feature attractions and amenities that characterize urban green spaces. The 40-acre redevelopment area surrounding the terminal station will be developed into residential and retail components.

May 21, 2008

Mixed-Use Northeast

CONSTRUCTION ON DE LAET’S LANDING UNDERWAY

by admin May 20, 2008

RENSSELAER, N.Y. — Marx Properties has commenced construction of de Laet’s Landing, a new waterfront development in Rensselaer. Set on 24 acres on the Hudson River, the initial construction will feature 200 residential units, 90,000 square feet of retail and a 360-space parking area. Occupancy for this phase is slated for fall 2009. The entire project is expected to be developed in stages over the next 8 to 10 years. Plans include 250,000 square feet of Class A office space, 165,000 square feet of retail space, 236,000 square feet for a hotel site and 630,000 square feet of residential space that will include mid-rise, water-view condominiums and townhomes. RealtyUSA is the exclusive commercial and residential broker for the development.

May 20, 2008

Mixed-Use Western

GROUND BREAKS FOR THE NOLEN

by admin May 20, 2008

San Diego ¬— San Diego-based Davies Development & Investments Inc. has broken ground for the development of The Nolen, a mixed-use office development located in downtown San Diego’s Ballpark District. Designed by Fehlman LaBarre Architects Inc., the 13-story project will offer ground-level retail space and office space on the remaining floors. Each office tenant will occupy an entire floor and will have private, password-protected elevator access. Additionally, the top five floors will feature private balconies. The company plans to submit the project for LEED certification. Completion is slated for the first half of 2009. B&G Consultants are providing construction management; PCL is serving as general contractor.

May 20, 2008

Mixed-Use Western

TRADEMARK TO DEVELOP 80-ACRE MIXED-USE DEVELOPMENT

by admin May 20, 2008

AVON, COLO. — Fort Worth, Texas-based Trademark Property Company is developing Vail Valley Center, an 80-acre mixed-use development located in Avon. With approximately 4,500 linear feet of Interstate 70 frontage, the property is slated to include a mix of national, regional and local specialized retailers, restaurants, entertainment and other commercial spaces. Additionally, the center will feature multifamily housing, hotels and Class A office product.

May 20, 2008

Newer Posts

Older Posts