Thursday, November 13, 2025
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Long-Branch-McKinney
DevelopmentMixed-UseTexas

Partnership to Develop $1.3B Mixed-Use Project in McKinney, Texas

by Taylor Williams

MCKINNEY, TEXAS — A partnership between regional developer Creation, Horizon Capital Holdings and Arizona-based investment firm Vaulter will develop Long Branch, a $1.3 billion mixed-use project that will be located about 30 miles north of Dallas in McKinney. The site, which spans 155 acres and is situated just north of the downtown area, will be developed in phases over the next decade. Plans currently call for 1,600 multifamily units; 135,000 square feet of retail space that will be anchored by a 65,000-square-foot grocery store; a 318,600-square-foot office campus with two six-story buildings; a 100-room hotel; and a five-story, 910-space structured parking garage. Dallas-based GFF is leading design of the project, and LGE Design Build, which is also based in Dallas, is leading construction. Infrastructural work on the site is expected to kick off later this year, with the first phase of vertical development to follow shortly thereafter.

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Affordable HousingDevelopmentMultifamilyTexas

Partnership Completes 100-Unit Supportive Housing Project in Austin

by Taylor Williams

AUSTIN, TEXAS — A partnership between SGI Ventures and the Austin Affordable Housing Corp. has completed Cady Lofts, a 100-unit supportive housing project in Austin’s Hancock neighborhood. Cady Lofts offers fully furnished studio apartments for renters earning between 40 to 60 percent of the area median income and/or are overcoming homelessness, dealing with physical and developmental disabilities or recovering from addiction. Units feature modern appliances and eco-friendly utility systems, and residents have access to a communal computer lab, health and wellness center, case management offices and central laundry facilities. Three Bar Architecture designed the project, and Skybeck Construction served as the primary contractor. Cady Lofts was financed in part by $18.5 million in Low-Income Housing Tax Credits ($16.5 million in federal and $2 million in state) that were issued by the Texas Department of Community Affairs and syndicated by Hunt Capital Partners.

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DevelopmentMultifamilyTexas

StreetLights Residential Begins Leasing 56-Unit Apartment Building in Dallas

by Taylor Williams

DALLAS — Locally based developer StreetLights Residential has begun leasing The Galatyn, a 56-unit apartment building in the Upper McKinney District of Dallas. The 20-story building houses two- and three-bedroom units with an average size of 2,700 square feet. Amenities include a pool, fitness center, concierge services, a coffee bar, catering kitchen, dog wash and a landscaped courtyard. StreetLights Creative Studio served as the architect for the project, and SLR Construction LLC was the general contractor. Both entities are affiliates of the developer. Construction began in fall 2023. Information on starting rents was not disclosed.

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IndustrialLeasing ActivityTexas

Wenaas Workwear USA Signs 45,000 SF Industrial Lease in Southwest Houston

by Taylor Williams

HOUSTON — Wenaas Workwear USA has signed a 45,000-square-foot industrial lease in southwest Houston. The provider of specialized apparel products and personal protective equipment (PPE) is taking space at 10401 S. Sam Houston Parkway West, which according to LoopNet Inc. was built in 2014 and totals 90,000 square feet. Garret Geaccone and Boone Smith of Stream Realty Partners represented the landlord, STAG Industrial, in the lease negotiations. Cole Bercher of Welcome Group represented the tenant.

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DevelopmentIndustrialTexas

Vigavi Realty to Develop 556,800 SF Industrial Project in Brookshire, Texas

by Taylor Williams

BROOKSHIRE, TEXAS — Houston-based Vigavi Realty will develop Woods Crossing, a 556,800-square-foot industrial project that will be located in the western Houston suburb of Brookshire. The site spans 36.3 acres, and the development will consist of three buildings that will be constructed in phases. Phase I of Woods Crossing will feature two buildings that will span 156,800 and 96,000 square feet and will feature a combined 40 dock doors and parking for 312 cars and 53 trailers. Construction of Phase I is set to begin in the coming weeks and to be complete in early 2026. Tom Lynch, Billy Gold, Faron Wiley, Charles Herold and Brad Smith of CBRE represented Vigavi Realty in the purchase of the land from Johnson Development, and CBRE has also been retained as the leasing agent for the new development. Ware Malcomb is the project architect; Langan Engineering is the civil engineer, and E.E. Reed Construction will serve as the general contractor.

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Potranco-Commons-San-Antonio
LoansMultifamilyTexas

Ladder Capital Provides $58.7M Loan for Refinancing of San Antonio Apartment Community

by Taylor Williams

SAN ANTONIO — New York City-based lender Ladder Capital has provided a $58.7 million bridge loan for the refinancing of Potranco Commons, a 360-unit apartment community located in San Antonio’s Far West Side submarket. Residences at Potranco Commons come in one-, two- and three-bedroom formats, range in size from 541 to 1,355 square feet and are housed across 15 three-story buildings. Approximately 40 percent of the units are reserved for renters earning 80 percent or less of the area median income. Amenities include a clubhouse, pool, fitness center, coffee bar, sand volleyball court, pet park, outdoor grilling and dining stations, multiple open green spaces and a DJ booth. Kevin O’Grady and Daniel Eidson of South Florida-based intermediary Concord Summit Capital arranged the loan on behalf of the borrower, locally based developer The Lynd Group.

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DevelopmentRetailTexas

Willowbrook Underway on Renovation of 441,000 SF Shopping Center in Northwest Houston

by Taylor Williams

HOUSTON — Willowbrook LLC is underway on the renovation of Commons at Willowbrook, a 441,000-square-foot regional shopping center in northwest Houston. The capital improvement program includes widening the main access point, installing new monument signage and pylons and updating the landscape design. The center sits on 39 acres and is currently 85 percent leased to tenants such as Marshalls, HomeGoods, Ross Dress for Less, Michael’s, Total Wine & More, Ulta Beauty, DSW and Daiso. Willowbrook has tapped Avison Young to lease the property.

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Build-to-RentDevelopmentMultifamilySeniors HousingSingle-Family RentalTexas

Carbon Shepherd Begins Leasing 78-Unit Seniors Housing Property in San Antonio

by Taylor Williams

SAN ANTONIO — Dallas-based Carbon Shepherd Development has begun leasing a 78-unit seniors housing property in the Westover Hills area of San Antonio. Woodland Cottages Westover Hills offers one- and two-bedroom residential-style cottages that are furnished with stainless steel appliances and full-size washers and dryers, with attached garages and fenced backyards available in select residences. Amenities include a pool, clubhouse with a game room and a fitness center. Rents start at $2,700 per month for a one-bedroom home.

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DevelopmentMultifamilySeniors HousingTexas

Thrive Senior Living, Orison Holdings to Open 75-Unit Complex in Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — A partnership between Atlanta-based owner-operator Thrive Senior Living and locally based investment and development firm Orison Holdings will open Sagewood at Heritage Glen, a 75-unit complex that will be located in Fort Worth. The property will offer 50 assisted living suites and 25 memory care suites. Arrive Architecture Group designed the facility, which is scheduled to open in 2026.

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MC820-Logistics-Fort-Worth
DevelopmentIndustrialTexas

Creation, Crow Holdings to Develop 451,032 SF Industrial Project in North Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — A partnership between Phoenix-based developer Creation and a fund advised by Crow Holdings Capital will develop a 451,032-square-foot industrial project in North Fort Worth. Known as MC820 Logistics, the development will consist of three buildings on a 38-acre site that will have parking for 473 cars and 42 trailers. LGE Design Build is leading the architecture and construction aspects of the project in collaboration with Manhard Civil Consulting. The first phase of construction is scheduled to begin this summer and to be complete in late 2026. Holt Lunsford Commercial has been tapped as the leasing agent.

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