development1

United Properties, Principal Real Estate Announce Phase II of Inova Dry Creek in Denver

by Nellie Day June 14, 2016

DENVER — A joint venture between United Properties and Principal Real Estate Investors have announced the second phase of Inova Dry Creek, a 650,000-square-foot, mixed-use campus in Denver. Phase II will contain a second speculative Class A office building containing 235,800 square feet. Construction will commence in the coming weeks, with an expected delivery date in the third quarter of 2017. Development plans call for three additional buildings on the 58-acre site. The developers broke ground on Inova 1, the first phase of the campus, in September. It is slated for completion in November, with Comcast taking occupancy in the first quarter of 2017. The JV will also soon break ground on Inova Flex, a 70,632-square-foot flex property at the campus. Power Home Remodeling Group has recently signed a lease at this space. Powers Brown Architecture has designed the project, while Adolfson & Peterson Construction is serving as the general contractor for Inova 1.

June 14, 2016

Arizona Retail Western

REI Completes Rooftop Solar Installation on Distribution Facility in Arizona

by Nellie Day June 14, 2016

GOODYEAR, Ariz. — REI, a specialty outdoor retailer, has teamed with Blue Oak Energy to complete a 2.2 megawatt rooftop solar installation atop REI’s new distribution center in Goodyear, a western suburb of Phoenix. The system is expected to offset all of the facility’s annual electricity consumption. REI and Blue Oak have worked together on solar projects for eight years. The partnership has resulted in a 5.4 megawatt solar portfolio for REI. Blue Oak Energy was founded in 2003 in Davis, Calif. In 2015, Panasonic Enterprise Solutions Company and Coronal Group LLC invested in the company. REI is headquartered near Seattle and has 144 stores in 35 states.

June 14, 2016

California Western

Bernards Completes $182.7M Multi-Phase Renovation of Rose Bowl Stadium

by Nellie Day June 13, 2016

PASADENA, CALIF. — Bernards has completed a multi-phase renovation of the Rose Bowl in Pasadena. Beginning in 2005 with the renovation of the media center and locker rooms to the latest phases from 2011 to 2016, the City of Pasadena invested more than $182.7 million in the renovation. Bernards and Barton Malow led the project, in collaboration with Rose Bowl Operating Co., the City of Pasadena and its representatives from Parsons, D’Agostino Izzo Quirk Architects and multiple other design professionals and consultants. Slated for completion this month, the last phase includes a new wireless building and installation of new infrastructure and antennae to support high-speed cell phone service during events. Designed by Myron Hunt, the stadium was originally completed in 1922. Renovations include Terry Donahue Pavilion, which includes 54 luxury suites, 48 loge boxes, 1,200 club seats, state-of-the-art press boxes and new broadcast center, as well as self-contained media area; a brick donor plaza; an updated Court of Champions; and enhancements to all the stadium entry gates.

June 13, 2016

California Retail Western

National Geographic, iP2 Entertainment to Develop Family Entertainment Centers Worldwide

by Nellie Day June 13, 2016

NORTH HOLLYWOOD, CALIF. — North Hollywood-based iP2 Entertainment has partnered with National Geographic Partners LLC, a joint venture between National Geographic Society and 21st Century Fox, to develop a series of indoor, interactive exploration centers worldwide. Each National Geographic-branded family entertainment center will offer themed attractions, interactive demonstrations and hands-on workshops. Content will be geared toward families with school-aged children, ages five to 12-years-old. The partnership has teamed with K11 to develop its first location in Shenyang, China. The branded center will occupy 4,013 square meters in the Shenyang K11 Art Mall. The location is set to open in summer 2017. A portion of the proceeds from the entertainment centers will support the National Geographic Society’s work in conservation, exploration, research and education.

June 13, 2016

California Restaurant Retail Western

Johnny Rockets To Open 14 New Restaurants in Malls in 2016

by Nellie Day June 13, 2016

LAKE FOREST, CALIF. — Johnny Rockets plans to open 14 additional mall locations this year. In honor of its 30th anniversary, Johnny Rockets recently announced a brand refresh, which included a new restaurant design and logo. The new restaurant design, which was first introduced at Destiny USA Mall in Syracuse, N.Y., includes modern technology, a fresh design and enhanced staff uniforms. Since the refresh, the Destiny USA Mall location has experienced a nearly 22 percent growth in sales, according to the company. In addition to its mall franchise program, Johnny Rockets has expanded into outlet centers, which now attract more shoppers with higher-end retail stores and food offerings according to recent trends. The brand currently operates 18 outlet locations and is planning an additional five in the near future. Founded in 1986, Johnny Rockets operates more than 350 franchise and corporate locations in 28 countries around the world.

June 13, 2016

SLS Atlanta Hotel & Residences Midtown Atlanta

Georgia Hospitality Mixed-Use Multifamily Southeast

SBE, Trillist to Develop Hotel, Condo Tower in Midtown Atlanta

by John Nelson June 13, 2016

ATLANTA — Los Angeles-based sbe and Atlanta-based Trillist Cos. Inc. have partnered to develop the SLS Atlanta Hotel & Residences in Midtown Atlanta. The mixed-use tower will feature 213 hotel room and suites, 56 condominium residences, dining options and meeting spaces. Ranging in size from 1,600 to 4,000 square feet, the residences will feature a mix of two-, three- and four-bedroom units. Trillist and sbe plan to break ground on the tower in early 2017 with completion slated for early 2019. Dakota Development, a subsidiary of sbe, will collaborate with Trillist on the property’s design and concept. SLS Atlanta Hotel & Residences will be situated near the Woodruff Arts Center, High Museum of Art, Midtown Mile and Piedmont Park.

June 13, 2016

Hospitality Illinois Midwest

Peak Construction Breaks Ground on 103-Room Marriott Residence Inn in Chicago Suburb

by Christina Cannon June 13, 2016

BOLINGBROOK, ILL. — Peak Construction Corp. has broken ground on a four-story, 77,000-square-foot Marriott Residence Inn in Bolingbrook, approximately 30 miles south of Chicago. The hotel will feature 103 rooms, a swimming pool, outdoor patio with picnic area and a multi-purpose sports court. Hallmark Investment Corp. and Love Hotel Management Co. are overseeing the project. Norr Architects is providing architectural services, and Manhard Consulting Ltd. is the civil engineer. The project is slated for completion next spring.

June 13, 2016

Hospitality Midwest Ohio

Skanska Signs $51M Contract to Manage Construction of Hotel and Conference Center near Cincinnati

by Christina Cannon June 10, 2016

MADISONVILLE, OHIO — Skanska has signed a $51 million contract with RBM Development to oversee construction of the Dolce Lifestyle Hotel and Conference Center in Madisonville, approximately 10 miles northeast of Cincinnati. The project is a redevelopment of a former warehouse site and will convert an existing parking garage into a 239-room, 131,233-square-foot boutique hotel and conference center. The full-service, nine-story hotel will feature meeting spaces, 16 event spaces, a rooftop garden, outdoor dining area and a combined restaurant and lounge. Construction is scheduled to begin this month and is slated for completion in December 2017.

June 10, 2016

Midwest Minnesota Multifamily Seniors Housing

Weis Builders Breaks Ground on 115-Unit Seniors Housing Community near Minneapolis

by Christina Cannon June 10, 2016

ROSEVILLE, MINN. — Weis Builders has broken ground on Cherrywood Pointe of Roseville at Lexington, a 115-unit senior living community in Roseville, approximately eight miles northeast of Minneapolis. The four-story building, to be located at 2666 Lexington Ave. N., will consist of 85 independent and assisted living units, 24 memory care units and six private care units, which serve as an alternative to traditional nursing home care for those needing higher levels of care on a long- or short-term basis. L&M Associates is designing the 173,145-square-foot community, which is scheduled for completion by July 2017. United Properties will own the facility. Cherrywood Pointe of Roseville at Lexington will feature a dining room, private dining, overnight guest rooms, underground parking, decks and patios, a movie theater, fitness center, hair salon, bistro and group transportation.

June 10, 2016

Illinois Midwest Retail

Novak Construction Builds $18.3M Walmart Supercenter in Richton Park, Illinois

by Christina Cannon June 10, 2016

RICHTON PARK, ILL. — Novak Construction has completed a new 184,000-square-foot, $18.3 million Walmart Supercenter in Richton Park, approximately 35 miles south of Chicago. The store includes a grocery, produce and bakery area; vision center; photo center; electronics and sporting goods departments; credit service station; indoor and outdoor garden center; and indoor pharmacy with drive-thru. The 28-acre site also included two detention basins, a frontage road, retaining wall, parking for 800 cars and a full-service fueling center. The adjacent roadways were widened to accommodate the new store, and traffic signals were added to the intersections. Construction took eight months to complete. Merriam, Kan.-based BRR Architecture Ltd. designed the project.

June 10, 2016

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