Wednesday, May 1, 2024
Read the Digital Magazines Subscribe to the Magazines
Subscribe

development1

Naval-Air-Propulsion-Center-Ewing-New-Jersey
DevelopmentIndustrialNew JerseyNortheast

KRE Group Begins 345,152 SF Industrial Redevelopment in Ewing, New Jersey

by Taylor Williams

EWING, N.J. — Locally based developer KRE Group has begun a 345,152-square-foot industrial redevelopment in the Northern New Jersey community of Ewing. The project will convert the 26.3-acre site of a decommissioned former naval air propulsion center into a single-story, 285,152-square-foot warehouse and three standalone flex buildings of 20,000 square feet each. The development team will also undertake various infrastructural improvements, including upgraded landscaping and lighting, the addition of a new bus stop, surface parking lots and walking trail and enhancements to the surrounding roadways. The U.S. Navy operated the site as a vital jet engine test facility from 1951 until 1997, and a redevelopment plan for the site was introduced in 2013. A tentative completion date for the project was not disclosed.

Continue Reading
FacebookTwitterLinkedinEmail
Aspire-A&M-College-Station
DevelopmentMultifamilyStudent HousingTexas

Joint Venture to Develop 873-Bed Student Housing Community Near Texas A&M University

by Taylor Williams

COLLEGE STATION, TEXAS — A joint venture between Harrison Street, The Dinerstein Cos. and Up Campus Student Living will develop an 873-bed student housing community near the Texas A&M University campus in College Station. Dubbed Aspire A&M, the community will be situated within the city’s Northgate neighborhood and will rise 19 stories. The property will include 11,000 square feet of ground-floor retail space and a 718-space parking garage. Shared amenities will include two rooftop pools, fitness facilities, study rooms, a theater and game lounge. The community is expected to be complete in advance of the 2026-2027 academic year.

Continue Reading
FacebookTwitterLinkedinEmail
121-Commerce-Center-Grapevine
DevelopmentIndustrialTexas

GTIS Partners Breaks Ground on 272,160 SF Industrial Project Near DFW Airport

by Taylor Williams

GRAPEVINE, TEXAS — New York City-based development and investment firm GTIS Partners has broken ground on 121 Commerce Center, a 272,160-square-foot industrial project located near Dallas-Fort Worth International Airport in Grapevine. The site spans 17 acres, and the facility will feature 36-foot clear heights, 135-foot truck court depths, an ESFR sprinkler system and build-to-suit office space. Construction is scheduled to be complete before the end of the year. Stream Realty Partners has been appointed as the leasing agent.

Continue Reading
FacebookTwitterLinkedinEmail
FM-Global-Norwood-Massachusetts
DevelopmentLife SciencesMassachusettsNortheastOffice

Hobbs Brook Breaks Ground on 320,000 SF Office, Life Sciences Project in Norwood, Massachusetts

by Taylor Williams

NORWOOD, MASS. — Hobbs Brook Real Estate has broken ground on a 320,000-square-foot office and life sciences project in Norwood, a southern suburb of Boston, that is a build-to-suit for commercial property insurance company FM Global. The project will replace a 1950s-era building with a four-story office, lab and research and development building, as well as add a new 930-space parking garage and outdoor amenity spaces. Payette is the project architect, and Shawmut Design & Construction is the general contractor. Completion is slated for 2026.

Continue Reading
FacebookTwitterLinkedinEmail
Westport-45-Houston
DevelopmentIndustrialTexas

Vigavi, Principal Asset Management Break Ground on 728,080 SF Industrial Project in North Houston

by Taylor Williams

HOUSTON — A joint venture between locally based developer Vigavi and Principal Asset Management has broken ground on Westport 45, a 728,080-square-foot industrial project in North Houston. The 42-acre site at 410 West Road is located near the intersection of I-45 and Beltway 8, and the development will feature 40-foot clear heights, speculative office space and 180 trailer parking stalls. Seeberger Architecture is designing the project, and Angler Construction is serving as the general contractor. JLL will market the property for lease. Delivery is slated for early 2025.

Continue Reading
FacebookTwitterLinkedinEmail
Depot-on-Main-Burleson
DevelopmentMultifamilyTexas

Realty Capital Residential Completes 275-Unit Multifamily Project in Burleson, Texas

by Taylor Williams

BURLESON, TEXAS — Locally based developer Realty Capital Residential has completed Depot on Main, a 275-unit multifamily project in Burleson, located south of Fort Worth. The five-story building is situated adjacent to the city’s Old Town district at 125 N. Main St. Depot on Main offers one- and two-bedroom units ranging in size from 590 to 1,229 square feet. Amenities include a pool with a tanning deck, coworking lounge, coffee bar, rooftop deck and entertainment terrace, dog park, fitness center and outdoor grilling and dining areas. Monthly rental rates range from $1,325 to $2,260, according to Apartments.com. Merriman Anderson Architects designed the project.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentIndustrialOfficeTexas

Alterman Debuts 190,000 SF Headquarters Campus in Live Oak, Texas

by Taylor Williams

LIVE OAK, TEXAS — Texas-based electrical contractor Alterman has debuted its new 190,000 square-foot first headquarters campus in the northeastern San Antonio suburb of Live Oak. The 20-acre site is located at intersection of Loop 1604 and I-35, and the campus consists of a 100,000-square-foot logistics and manufacturing building and a 90,000-square-foot office building. Studio8 Architects designed the campus, and Whiting-Turner Construction served as the general contractor. Construction began in fall 2022.

Continue Reading
FacebookTwitterLinkedinEmail
Sheraton-Fort-Worth-Downtown-Hotel
DevelopmentHospitalityTexas

Gettys Group Completes $50M Hotel Renovation in Downtown Fort Worth

by Taylor Williams

FORT WORTH, TEXAS — The Gettys Group Cos., a Chicago-based hotel design and development firm, has completed the $50 million renovation of the 403-room Sheraton Fort Worth Downtown Hotel. The hotel originally opened in 1974. The capital improvement program upgraded all the bedding, furniture and bathrooms of all guestrooms and expanded the number of suites from 25 to 37. In addition, the project team upgraded the entryway, lobby and amenity spaces, which include private and conference-style workspaces and 30,000 square feet of event space. Lastly, ownership introduced a revamped lineup of food-and-beverage offerings. Dallas-based HKS Architects designed the renovation, and an entity doing business as 1701 Commerce Acquisitions owns the hotel.

Continue Reading
FacebookTwitterLinkedinEmail
Oak-House-Apartments-Leander
DevelopmentMultifamilyTexas

Ryan Cos. Begins Leasing 347-Unit Oak House Apartments in Leander, Texas

by Taylor Williams

LEANDER, TEXAS — Minneapolis-based developer Ryan Cos. has begun leasing Oak House Apartments, a 347-unit multifamily community located north of Austin in Leander. Oak House consists of 10 buildings that house one-, two- and three-bedroom units on a 20-acre site. Amenities include a pool, fitness center, outdoor grilling and dining areas, clubroom, coffee bar and a dog park. Ryan Cos. developed the property in a joint venture with Denver-based Brue Baukol Capital Partners. Dallas-based Humphreys & Partners Architects designed the project, and Cadence McShane Construction served as the general contractor. First Horizon Bank provided construction financing. Rents start at $1,300 per month for a one-bedroom apartment. The first move-ins will begin this summer.

Continue Reading
FacebookTwitterLinkedinEmail
Amaya-Revere
DevelopmentMassachusettsMultifamilyNortheast

Partnership Begins Leasing 475-Unit Multifamily Project in Metro Boston

by Taylor Williams

REVERE, MASS. — A partnership between National Real Estate Advisors, Cathexis and The HYM Investment Group has begun leasing Amaya, a 475-unit multifamily project located in the northeastern Boston suburb of Revere. Designed by ICON Architecture, the project is part of the redevelopment of the 161-acre former Suffolk Downs racetrack and houses 24,000 square feet of ground-floor retail space. Units come in studio, one- and two-bedroom floor plans. Amenities include a pool, landscaped courtyards, an outdoor kitchen with grilling stations, fitness center and a game room with an arcade. Ullico, a Washington, D.C.-based insurance company, financed construction of the project. Rents start at roughly $2,400 per month for a studio apartment.

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts