development1

112-Room Best Western Hotel Opens in Lawrence, Kansas

by Kristin Harlow October 29, 2018

LAWRENCE, KAN. — The Martens Companies has completed development of the 112-room Best Western hotel in Lawrence in northeastern Kansas. It is the first property developed within the mixed-use project known as The Mercato. Amenities include an indoor saltwater pool, fitness center, grilling patio and fire pits within an outdoor courtyard. The hotel also offers 840 square feet of meeting space. Steve Martens of The Martens Companies worked with his hotel development subsidiary, Hospitality Development of America, on the $14.5 million project. Another subsidiary, Hospitality Management LLC, will manage the hotel. Wichita-based Conco Construction was the general contractor. Adams Architecture and Spangenberg Phillips Tice Architecture provided architectural design services. Landplan Engineering handled site and engineering design.

October 29, 2018

Development Illinois Midwest Office

J.C. Anderson Completes 22,000 SF Buildout for Northwestern Mutual in Downers Grove, Illinois

by Kristin Harlow October 29, 2018

DOWNERS GROVE, ILL. — J.C. Anderson has completed an office renovation and reconfiguration for Northwestern Mutual in Downers Grove. The firm relocated from another floor within the same building to occupy a tailored 22,000-square-foot space. Construction included the addition of new private offices, open workspace and meeting areas, as well as modern finishes and amenities throughout. J.C. Anderson’s Joe Maguire oversaw the construction team, which included Mike Ruffolo as project manager and Gary Kuechler as superintendent. Whitney provided the architectural services and Avison Young represented Northwestern Mutual in lease negotiations. Hamilton Partners owns the property, Esplanade IV.

October 29, 2018

Development Louisiana Retail Southeast

Gulf States Real Estate Opens Rouses-Anchored Shopping Center in Covington, Louisiana

by Amy Works October 29, 2018

COVINGTON, LA. — Copperstill Marketplace, a neighborhood shopping center, has opened in at the intersection of Highway 1007 and Highway 1085 in Covington. Gulf States Real Estate built the shops, Byron Talbot Construction performed the site work package and BETCO Construction built the anchor tenant space. A 43,320-square-foot Rouses Market anchors the 60,000-square-foot retail center. Additional tenants include In & Out Urgent Care, H2K Nail Salon and Wow Café. Heritage Bank has purchased the corner outparcel and plans to develop a retail building with space for a bank branch and other tenants.

October 29, 2018

Development Industrial Texas

Goodyear Tire to Open 1.2 MSF Industrial Facility in Metro Dallas

by Taylor Williams October 26, 2018

FORNEY, TEXAS — Goodyear Tire Co. will open a 1.2 million-square-foot warehouse and distribution center in Forney, a city located about 20 miles east of Dallas, according to a recent announcement from the Forney City Council. The property will be situated on 102 acres at the corner of South Gateway Boulevard and U.S. Highway 80. According to local media sources, a developer for the project, which is expected to create up to 160 new jobs, has not yet been named.

October 26, 2018

Colorado Development Retail Western

Evergreen Devco Breaks Ground on Starbucks in Colorado Springs

by Amy Works October 26, 2018

COLORADO SPRINGS, COLO. — Evergreen Devco has broken ground for a Starbucks Coffee property located at 2457 N. Marksheffel Road in Colorado Springs. Situated within Claremont Ranch Marketplace, the 2,200-square-foot, single-tenant building will feature a drive-thru lane. The coffee shop is expected to open in early 2019. Denver-based G3 Architecture designed the property, while Longmont-based Golden Triangle Construction is serving as contractor for the project.

October 26, 2018

Development Midwest Missouri Multifamily

Pinnacle Contracting to Complete $9M Apartment Conversion in St. Louis

by Kristin Harlow October 26, 2018

ST. LOUIS — Pinnacle Contracting Inc. has been selected by St. Louis-based developer Pier Property Group to complete the $9 million historic renovation and conversion of the Steelcote Manufacturing Co. paint factory in St. Louis. Pinnacle will transform the 42,000-square-foot property into 33 apartment units. The original five-story building will house 31 units. A second adjoining structure will house the leasing office and bike storage. A third building will be home to two additional units. Steelcote, a rubber enamel coating company, opened the building in 1922. The facility has been vacant since 2006. Architect Trivers Associates and structural engineer KPFF Consulting Engineers make up the project team. Completion is slated for spring 2019.

October 26, 2018

Development Hospitality Midwest Missouri

Midas Opens Dual-Branded Marriott Hotel in Western Suburb of St. Louis

by Kristin Harlow October 26, 2018

WEST COUNTY, MO. — Midas Hospitality has opened a dual-branded Residence Inn and Courtyard by Marriott in West County near St Louis. Midas will manage both the 101-room Residence Inn and the 110-room Courtyard by Marriott. The four-story, 136,000-square-foot hotel is located at the intersection of Manchester Road and I-270. Developer Commercial Development Co. Inc. will own the property. MC Hotel Construction built the hotel. Amenities include a fitness center, indoor pool, meeting rooms and outdoor gathering space. The Courtyard Bistro features a variety of dining options.

October 26, 2018

Civic Development Georgia Retail Southeast

State Farm Arena in Downtown Atlanta Opens After $192M Renovation, Rebranding Program

by Amy Works October 26, 2018

ATLANTA — State Farm Arena, located at 1 State Farm Drive in downtown Atlanta, has opened its doors following a $192 million renovation program, the second largest renovation in NBA history. The Atlanta Hawks Basketball Club committed to an 18-year lease extension to remain in downtown Atlanta at the city-owned arena through 2046. The former Philips Arena features the NBA’s third-largest center-hung scoreboard and fan-friendly food pricing. Restaurant and entertainment options include Zac Brown’s Social Club, Topgolf Swing Suites, Killer Mike’s Swag Shop and a baseline bar and club known as Courtside Club. The Atlanta Hawks celebrated the arena with its home opener against the Dallas Mavericks on Wednesday, Oct. 24. With a sold-out crowd, the Hawks beat the Mavericks 111 to 104. The arena hosts approximately 200 events and nearly 2 million guests annually.

October 26, 2018

Development Florida Retail Southeast

West Villages, Sembler Break Ground on Publix-Anchored Shopping Center in Southwest Florida

by Amy Works October 26, 2018

NORTH PORT, FLA. — A joint venture between West Villages and The Sembler Co. has broken ground on West Villages Marketplace, a grocery-anchored neighborhood shopping center at the corner of West Villages Parkway and U.S. 41 in North Port, a city in south Sarasota County. A 47,000-square-foot Publix will anchor the 105,000-square-foot retail plaza, which is slated to open in fall 2019. Additional tenants will include a mix of services and restaurants. The shopping center is the first retail node to be integrated into the West Villages Florida, a master-planned community that features single-family neighborhoods, schools, State College of Florida-Venice, a wastewater treatment plant and the new $125 million spring training facility for the Atlanta Braves.

October 26, 2018

Development Leasing Activity Office Southeast Virginia

KPMG to Move to 20-Story Office Tower Under Construction in Tysons, Virginia

by Amy Works October 25, 2018

TYSONS, VA. — KPMG, one of the world’s Big Four accounting firms, has signed a lease to occupy up to seven floors of The Boro, an under construction 20-story office tower in Tysons. The Meridian Group and Rockefeller Group are co-developing the tower, with Skanska constructing the Gensler-designed building. KPMG plans to relocate approximately 1,830 employees from its current office at 1676 International Drive in Tysons to the new property in 2019. The move brings preleasing to more than 60 percent ahead of construction completion, with approximately 178,000 square feet remaining at the tower. Additional committed tenants include Hogan Lovells, a global law firm, TEGNA, Whole Foods Market and Kerasotes Showplace Theatres. Situated on 15 acres, the transit-oriented property will feature office, retail, restaurant and outdoor space. The LEED Gold-designed tower features nine- to 10-foot ceilings, efficient floorplans and a rooftop terrace. Rob Faktorow and Terry Reiley of CBRE represented the landlords, while Phil Leibow and Bill Craig of JLL represented KPMG in the lease.

October 25, 2018

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