Mixed-Use

Turnbridge Equities Begins Construction on Ashwood 12 South Mixed-Use Development in Nashville

by John Nelson April 13, 2023

NASHVILLE, TENN. — Turnbridge Equities has begun construction on Ashwood 12 South, a mixed-use development located at 2212 12th Ave. S in Nashville. The 116,500-square-foot project will be located on a nearly two-acre site in the city’s 12 South neighborhood. Set for completion in late 2024, Ashwood 12 South will feature 44,500 square feet of retail and restaurant space, including Two Hands, a community-focused café and bar, and Sushi-san, a sushi concept from Lettuce Entertain You Restaurants. The development will also include 72,000 square feet of small offices, outdoor common areas and 190 parking spaces. Jeremy Zidell of Rue Realty and Elam Freeman of Ojas Partners are handling the retail leasing assignment at Ashwood 12 South, and Frank Thomasson and Byran Fort of CBRE are handling office leasing.

April 13, 2023

Development Mixed-Use Texas

St. John Properties to Develop 225,000 SF Mixed-Use Project in Metro Austin

by Taylor Williams April 13, 2023

GEORGETOWN AND ROUND ROCK, TEXAS — Baltimore-based St. John Properties will develop Westinghouse Crossing, a 225,000-square-foot mixed-use project that will be located on the northern outskirts of Austin. The site near the intersection of Westinghouse Road and North Mays Street lies at the southern border of Georgetown and the northern border of Round Rock. Westinghouse Crossing will feature 170,000 square feet of research-and-development facilities, 40,000 square feet of office space and 15,000 square feet of retail space. Construction is scheduled to begin this fall and to be complete in summer 2024. Joe Simmons and Leigh Ellis of Aquila Commercial represented the seller, Arizona-based Buorn Cos., in the disposition of the land.

April 13, 2023

Arizona Development Mixed-Use Top Stories Western

RED Development, Globe Corp. Plan 150-Acre GSQ Mixed-Use Project in Goodyear, Arizona

by Katie Sloan April 13, 2023

GOODYEAR, ARIZ. — A joint venture between RED Development and Globe Corp. has released plans for GSQ, a 150-acre mixed-use development located in Goodyear, approximately 15 miles west of Phoenix. Groundbreaking on the project is proposed for next year. Plans include retail and entertainment space, restaurants, multifamily communities, office space and a hotel. GSQ will complement the Goodyear Civic Square at GSQ development, which Globe Corp. completed in August 2022. Goodyear Civic Square features a new city hall building, two-story library, two-acre community park, office space and retail space. “Our dream of a downtown is one step closer to becoming reality,” says Goodyear Mayor Joe Pizzillo. “We have all the right partners working together to create a very special walkable district for our residents — and the greater Southwest Valley region — to enjoy as they bring quality shopping, dining and entertainment to this area.” A number of new developments have been announced in Goodyear this year, including build-to-rent projects by UrbanStreet Group and a joint venture between Blue Vista Capital Management and Family Development; and several industrial projects, including a warehouse for Sub-Zero Group and the $360 million first phase of AirPark, located adjacent to the Phoenix-Goodyear airport. Phoenix-based RED …

April 13, 2023

Development Georgia Mixed-Use Southeast

GID Tops Out Phase I of $2B High Street Mixed-Use Development in Atlanta

by John Nelson April 6, 2023

ATLANTA — GID Development has topped out Phase I of High Street, a $2 billion mixed-use development underway in Atlanta’s Central Perimeter submarket. The developer, along with general contractor Brasfield & Gorrie, held a topping out ceremony as all nine buildings that comprise Phase I have reached their maximum height. The project’s first phase, which is expected to deliver next year, will feature 150,000 square feet of shops, restaurants and entertainment venues; 90,000 square feet of new loft offices; 598 apartments; and multiple community gathering spaces, including a signature park. High Street is designed around an internal street grid that will create connectivity with the Dunwoody MARTA station. Announced tenants at Phase I include Puttshack, The Hampton Social, Agave Bandido and Cuddlefish. GID and JLL’s 10twelve division expect to announce more brands joining High Street soon.

April 6, 2023

Acquisitions Development Hospitality Louisiana Mixed-Use Restaurant Retail Southeast Top Stories

Cordish Cos. to Acquire, Redevelop Diamond Jacks Casino & Hotel in Bossier City, Louisiana

by Jeff Shaw April 6, 2023

BOSSIER CITY, LA. — The Cordish Cos. has announced an agreement to acquire Diamond Jacks Casino & Hotel, located in Bossier City in northwest Louisiana. Subject to approval by the Louisiana Gaming Control Board, Cordish plans to redevelop the property into a casino resort and entertainment destination. Closed since March 2020, the development will be the first in the state of Louisiana under Cordish’s Live! brand, which offers dining, entertainment, casino, hotel and sports-anchored entertainment spaces. The seller and acquisition price were not disclosed. Cordish was the development partner for Hard Rock Hotel & Casino properties in Hollywood and Tampa, Fla., and its assets include the Live! Casino & Hotel Maryland in Hanover, Md.; Live! Casino & Hotel Philadelphia and Live! Casino Pittsburgh; and the Texas Live! Development within the Arlington Entertainment District in North Texas, where Cordish is currently underway on $1 billion of construction adjacent to the property. Additionally, the company has new developments in Florida, Alabama, Georgia, North Carolina and Tennessee. Foundation Gaming & Entertainment LLC will partner with Cordish to complete the project. — Hayden Spiess

April 6, 2023

Development Massachusetts Mixed-Use Northeast Top Stories

Skanska USA Receives Zoning Approval for 1.7 MSF Longwood Place Mixed-Use Redevelopment in Boston

by John Nelson April 4, 2023

BOSTON — Skanska USA has received approval from the Boston Zoning Commission for the redevelopment of a 5.8-acre site in Boston that currently houses Simmons University’s residential campus into a 1.7 million-square-foot mixed-use destination. The Boston Planning and Development Agency approved Skanska’s plans for the overall development, named Longwood Place, earlier this year. Global architecture firm Sasaki designed the transit-served development, which is slated to feature five buildings that will house life sciences, office, apartments, retail and restaurant space. In addition, Longwood Place will feature 2.6 acres of open green space and 15,000 square feet of indoor community space. Located at 305 Brookline Ave. in Boston’s Longwood neighborhood, Longwood Place will be situated a half-mile from Fenway Park, home ballpark of the Boston Red Sox. Nearby institutions include Simmons University, Emmanuel College, Northeastern University, Boston Children’s Hospital, Beth Israel Deaconess Medical Center, Harvard Medical School and the Museum of Fine Arts, Boston. “A focus on delivering diverse spaces inside and out that surround high-performing life sciences buildings and a vital residential program make Longwood Place a vibrant addition to one of Boston’s most innovative neighborhoods,” says Meredith McCarthy, senior associate architect at Sasaki. As part of the master plan of …

April 4, 2023

Acquisitions Mixed-Use New York Northeast

Marcus & Millichap Brokers $22.5M Sale of Mixed-Use Building in Brooklyn

by Taylor Williams March 31, 2023

NEW YORK CITY — Marcus & Millichap has brokered the $22.5 million sale of a 19,437-square-foot mixed-use building at 150 Lawrence St. in Brooklyn. According to LoopNet Inc., the building was originally constructed in 1920 and features office and residential uses. Shaun Riney, Michael Salvatico and Robbie Ferman of Marcus & Millichap represented the seller, The Kao Family, in the transaction. The trio also procured the buyer, private investor and developer Solomon Schwimmer. Future plans for the parcel were not disclosed.

March 31, 2023

Development Florida Mixed-Use Southeast

Barron Collier, Metro Commercial Break Ground on Winchester Mixed-Use Project in Southwest Florida

by John Nelson March 30, 2023

NAPLES, FLA. — Barron Collier Investment Partners, a joint venture between Barron Collier Cos. and Metro Commercial Development Group, has broken ground on Winchester, a 21-acre mixed-use property in Naples. The development is the second project between the two firms, joining the nearby Founder’s Square development. Situated on Immokalee Road and Orange Tree Boulevard, Winchester will include a major medical tenant, quick-serve restaurant, storage facility and retail space. The joint venture expects to announce tenants soon and to open by mid-2024. In addition to Founder’s Square and Winchester, Barron Collier and Metro Commercial plan to co-develop more mixed-use projects throughout the state of Florida, both ground-up opportunities and redevelopments.

March 30, 2023

Leasing Activity Mixed-Use North Carolina Office Southeast

Kingsmen Software Debuts 16,000 SF Office at Camp North End in Charlotte

by John Nelson March 28, 2023

CHARLOTTE, N.C. — Kingsmen Software, a custom software firm, has debuted its new 16,000-square-foot office at Camp North End, a mixed-use adaptive reuse development in Charlotte. The firm occupies the historic Gama Goat Building at 1801 N. Graham St., which was jointly developed by ATCO Properties & Management and Shorenstein Properties LLC. Designed by REDLINE Design Group, the new headquarters includes 14,500 square feet of space on the ground level and a 1,500-square-foot interior mezzanine. The layout incorporates team-based workstations and designated areas for flexibility and collaboration, as well as a podcast recording studio, a 12-foot video wall, “stairatorium” to the mezzanine, speakeasy pub and outdoor seating and work areas. In addition to day-to-day operations, Kingsmen will use the space to host events, conferences and industry meet-ups.

March 28, 2023

Development Mixed-Use North Carolina Southeast Top Stories

Crescent Communities to Break Ground on First Phase of River District Master-Planned Development in Charlotte

by John Nelson March 28, 2023

CHARLOTTE, N.C. — Crescent Communities plans to break ground Wednesday on The River District, a master-planned community on Charlotte’s west side. The development will span 1,400 acres between the Catawba River and Charlotte Douglas International Airport, including 500 acres of preserved land. Upon completion, The River District will feature 5,000 residences (single-family homes and apartments), 8 million square feet of commercial space, hotels and seniors housing apartments. Crescent expects the development to generate more than $5.6 billion of gross annual economic impact for the region and state. “The River District’s location along the Catawba River, Charlotte’s only major body of water, will provide urban amenities and public access to the riverfront that has not previously been available to Charlotte,” says Chase Kerley, managing director of Crescent Communities. The first series of milestones includes delivering major utility and roadway infrastructure for The River District’s first phase, Westrow. The 70-acre area will feature a range of residential offerings including apartments, townhomes and single-family residential lots, as well as small retail spaces, restaurants, event space and offices. Westrow will also include trails, parks, an event lawn and a two-acre working farm. Crescent’s NOVEL brand will anchor the first phase with 514 market-rate apartments, …

March 28, 2023

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