Southeast

FORT LAUDERDALE, FLA. — Carlisle Development Group and the Housing Authority of the City of Fort Lauderdale are developing Dixie Court Apartments I and II, a $25 million, 154-unit complex, located at 950 N.W. 4th St. The garden-style community consists of 66 one-bedroom, 60 two-bedroom and 28 three-bedroom units. Amenities include a clubhouse, computer lab, library, car care area, picnic pavilion and playground. Construction began this month and is projected for completion in March 2009.

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FORT LAUDERDALE, FLA. — Carlisle Development Group and the Housing Authority of the City of Fort Lauderdale are developing Dixie Court Apartments I and II, a $25 million, 154-unit complex, located at 950 N.W. 4th St. The garden-style community consists of 66 one-bedroom, 60 two-bedroom and 28 three-bedroom units. Amenities include a clubhouse, computer lab, library, car care area, picnic pavilion and playground. Construction began this month and is projected for completion in March 2009.

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ORANGE COUNTY, FLA. AND COLONIAL HEIGHTS, VA. — Fort Lauderdale, Fla.-based Morgan Property Group (MPG) is developing two retail centers in Orange County and Colonial Heights, through its local affiliates. MPG acquired 19 acres at the southeast corner of Auvers Boulevard and Semoran Boulevard in Orange County. Its local affiliate, Semoran Partners, is developing the 6-acre commercial tract, which will be anchored by a 14,280-square-foot Walgreens. The drugstore is scheduled to open in first quarter 2009. MPG acquired 2.7 acres at the southwest corner of Boulevard and Bruce Avenue in Colonial Heights, from multiple sellers. Its local affiliate, Boulevard I Realty, is developing a retail center, which will be anchored by a freestanding 14,820-square-foot Walgreens. The remaining 3,600 square feet is available for ground lease or build-to-suit. The drugstore will open in January 2009. Whittle & Roper and Jones Realty & Construction Corp. represented MPG in the land transaction.

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ORANGE COUNTY, FLA. AND COLONIAL HEIGHTS, VA. — Fort Lauderdale, Fla.-based Morgan Property Group (MPG) is developing two retail centers in Orange County and Colonial Heights, through its local affiliates. MPG acquired 19 acres at the southeast corner of Auvers Boulevard and Semoran Boulevard in Orange County. Its local affiliate, Semoran Partners, is developing the 6-acre commercial tract, which will be anchored by a 14,280-square-foot Walgreens. The drugstore is scheduled to open in first quarter 2009. MPG acquired 2.7 acres at the southwest corner of Boulevard and Bruce Avenue in Colonial Heights, from multiple sellers. Its local affiliate, Boulevard I Realty, is developing a retail center, which will be anchored by a freestanding 14,820-square-foot Walgreens. The remaining 3,600 square feet is available for ground lease or build-to-suit. The drugstore will open in January 2009. Whittle & Roper and Jones Realty & Construction Corp. represented MPG in the land transaction.

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SAVANNAH, GA. — Sarasota, Fla.-based American Hotel Development has broken ground on the Holiday Inn Express Savannah, a $10 million, 88-room hotel located at 11325 Abercorn St., near Armstrong Atlantic State University and Hunter Army Airfield. Harris Hotel Group, a subsidiary of American Hotel Development, will manage the 60,000-square-foot property, which is slated to open in fall 2008.

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SAVANNAH, GA. — Sarasota, Fla.-based American Hotel Development has broken ground on the Holiday Inn Express Savannah, a $10 million, 88-room hotel located at 11325 Abercorn St., near Armstrong Atlantic State University and Hunter Army Airfield. Harris Hotel Group, a subsidiary of American Hotel Development, will manage the 60,000-square-foot property, which is slated to open in fall 2008.

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JOHNS CREEK, GA. — Trammell Crow Atlanta Development has broken ground on two 100,000-square-foot medical office buildings in Johns Creek, along West Johns Crossing. The four-story buildings will be situated on an 18-acre site, adjacent to the Emory Johns Creek Hospital. The project broke ground in April and is projected for completion in March 2009. Trammell Crow purchased the site from JC Office, for $8.7 million. Pierce and Bobby Mayson of Atlanta-based Lavista Associates were the sole brokers in the land acquisition.

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