development1

Pizzuti Delivers 21-Story Hotel in Nashville’s SoBro District

by Alex Tostado August 26, 2020

NASHVILLE, TENN. — The Pizzuti Cos. has opened The Joseph, a 21-story, 297-room hotel in Nashville’s SoBro district. The hotel is part of Marriott International’s Luxury Collection line. The hotel offers indoor and outdoor meeting space, a fitness center, spa and salon, rooftop lounge and restaurant Yolan. The Joseph, named after Pizzuti family patriarch Joseph Pizzuti, is located at 401 Koreans Blvd., less than one mile from downtown Nashville. Miami-based Arquitectonica designed the hotel. New York City-based INC Architecture & Design was the interior designer.

August 26, 2020

Development Multifamily Northeast Rhode Island

Cornish, Nordblom, Boston Andes Open $54M Nightingale Apartments in Providence

by Taylor Williams August 26, 2020

PROVIDENCE, R.I. — A development team consisting of Cornish Associates, New England-area developer Nordblom Co. and Boston Andes Capital LLC has opened Nightingale Apartments, a $54 million multifamily community in downtown Providence. The property features 143 units in studio, one- and two-bedroom formats and ranging in size from 500 to 1,200 square feet and 11,500 square feet of ground-floor retail space. Amenities include a fitness center, coworking space, resident lounge and an elevated courtyard.

August 26, 2020

Development Industrial Midwest Missouri

Hunt Midwest Expands Brand of Self-Storage Facilities in Metro Kansas City

by Kristin Harlow August 26, 2020

KANSAS CITY, MO. — Hunt Midwest continues to expand StorTropolis, its brand of climate-controlled self-storage facilities, throughout metro Kansas City. The developer has opened a 138,000-square-foot facility at 3140 NW Jefferson St. in Blue Springs, Mo., and begun construction on a 111,000-square-foot facility in Lenexa, Kan. Hunt Midwest began developing self-storage properties in 2018 and, in partnership with Strickland Construction, has built and opened three other StorTropolis facilities — two in Kansas City and one in Shawnee, Kan. Each three-story StorTropolis building ranges in size from 104,000 to 138,000 square feet and offers 580 to 760 climate-controlled units. Storage Asset Management, a privately owned, third-party management company, operates StorTropolis. Hunt Midwest is also the developer for SubTropolis, a massive underground business complex with more than 6.5 million square feet of leasable space.

August 26, 2020

Development Kansas Midwest Multifamily

Block Real Estate Services Begins Development of $60M Apartment Complex in Suburban Kansas City

by Kristin Harlow August 25, 2020

OVERLAND PARK, KAN. — Block Real Estate Services LLC has begun development of a $60 million apartment complex in Overland Park, an upscale suburb of Kansas City. Designed by Hoefer Wysocki, The Residences at Galleria is part of the first phase of the larger $350 million project known as Galleria. Phase I includes two apartment buildings, office space, retail and entertainment space and parking. The Residences at Galleria will rise four stories with 322 units, which will surround a 43,000-square-foot courtyard equipped with a pool, bar, hot tub, cabanas, fire pits and lounge areas. Additional amenities will include a game room, golf lounge, dog park and outdoor cinema. Completion is slated for 2022. Titan Built is the general contractor.

August 25, 2020

Development Industrial Midwest Wisconsin

Principle Construction Completes 205,732 SF Warehouse in Pleasant Prairie, Wisconsin

by Kristin Harlow August 25, 2020

PLEASANT PRAIRIE, WIS. — Principle Construction Corp. has completed construction of a new 205,732-square-foot warehouse at 8500 116th St. in Pleasant Prairie, about 37 miles south of Milwaukee. Originally developed as a speculative project, the building received a tenant late last autumn. Principle accommodated the needs of the new tenant, which will use the space for large coil storage. The project features 23 dock doors, two drive-in doors and a clear height of 32 feet. The building sits on a 12.8-acre site. Partners in Design served as project architect.

August 25, 2020

Development Multifamily Student Housing Texas

KWA Construction Completes Phase II of 76-Unit Student Housing Project in Sherman, Texas

by Taylor Williams August 25, 2020

SHERMAN, TEXAS — General contractor KWA Construction has completed Phase II of a student housing project for Austin College, a liberal arts school located in the North Texas city of Sherman. The second phase delivered 38 units within a 43,613-square-foot building. Phase I, which was completed in 2011, also consisted of 38 units within a 43,010-square-foot building. Dallas-based Architecture Demarest designed Phase II of the project, which will open in time for the resumption of fall classes on Tuesday, Aug. 25.

August 25, 2020

Development Hospitality Michigan Midwest

Hotel Indigo Detroit Opens Following $10M Transformation

by Kristin Harlow August 24, 2020

DETROIT — Hotel Indigo Detroit has opened following a $10 million, two-year renovation. Located at 1020 Washington St. in the heart of downtown Detroit, the hotel features 241 renovated guest rooms and more than 1,700 square feet of meeting space. The décor pays tribute to Detroit’s music history as well as the original mid-century design of the building, which first opened as a Howard Johnson Motor Lodge in 1966. A new restaurant known as The Trolley Room will open at the hotel at a future date. Pyramid Hotel Group manages the property. Detroit-based Kraemer Design Group provided the architecture, interior design and furniture specification services for the project. In response to COVID-19, the hotel is deep cleaned with hospital-grade disinfectants. Guests are required to wear face coverings and social distance in public areas. Hotel Indigo Detroit was previously branded as a Holiday Inn Express & Suites. Glenmont Capital Management LLC acquired the property in 2018. The hotel remained open as renovations were completed.

August 24, 2020

Arkansas Development Multifamily Southeast Student Housing

Servitas, National Park College Complete 180-Bed Student Housing Project in Hot Springs, Arkansas

by Alex Tostado August 24, 2020

HOT SPRINGS, ARK. — A public-private partnership between Servitas and National Park College has completed construction of Dogwood Hall, a 180-bed residence hall that will serve students of the public community college in Hot Springs. The community is National Park College’s first on-campus student housing building. The three-story property comprises 52 fully furnished units. Communal amenities include study lounges on each floor, package lockers, an onsite laundry room and resident parking. Servitas served as lead developer for the project and will manage the community. The development team also included BGO Architect, Design Collective, Annex and Stevens Financing. Students began moving into Dogwood Hall on Aug. 20 and in-person classes at National Park began today.

August 24, 2020

Colorado Development Multifamily Western

Dinerstein Cos. Acquires Land Site for 261-Unit Multifamily Development in Westminster, Colorado

by Amy Works August 21, 2020

WESTMINSTER, COLO. — The Dinerstein Cos. has purchased a 7.8-acre land site at the northwest corner of Westminster Boulevard and West 109th Avenue in Westminster. City Office REIT sold the land for an undisclosed price. Dinerstein Cos. plans to develop a 261-unit multifamily property on the site, which is adjacent to the 300,000-square-foot Circle Point Corporate Center and in close proximately to more than 305,000 square feet of retail space at Westminster Promenade. Chris Cowan, Bryon Stevenson and Mackenzie Walker of Newmark Knight Frank Multifamily represented the seller in the deal.

August 21, 2020

Development Multifamily Southeast Virginia

Insight Property Group, PCCP Complete Renovation of 576-Unit Multifamily Community in Metro D.C.

by Alex Tostado August 21, 2020

FALLS CHURCH, VA. — Insight Property Group and PCCP LLC have completed the renovation, redesign and rebranding of Falls Green, a 576-unit multifamily community in Falls Church. The joint venture acquired the asset, formerly known as Oakwood Falls Church, in 2018. The property was originally built in 1974 as short-term corporate housing. Insight Property and PCCP redesigned the property into a market-rate apartment community with amenities including a child-friendly multi-purpose room, fitness center, pool, community market, clubhouse, concierge and a coworking lounge. The property offers studio, one- and two-bedroom floor plans with rents starting in the mid-$1,300s. The community is situated at 501 Roosevelt Blvd., nine miles west of downtown Washington, D.C.

August 21, 2020

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