development1

Mariner Group, Brand Properties Break Ground on $41M Apartment Community in Savannah

by John Nelson September 10, 2015

SAVANNAH, GA. — Co-developers Mariner Group and Brand Properties have begun construction on Mariner Grove, a new luxury apartment community that will be situated less than two miles from Savannah’s Historic District. The $41 million project is expected to be complete by October 2016. The property’s layout options include studios and one- and two-bedroom units, and initial rents are expected to range from $1,000 to $1,600. The project’s unit interiors will feature walk-in closets, stainless steel appliances, washer and dryers, hardwood floors and nine-foot ceilings. Mariner Grove’s amenities will include a fitness center, resort-style pool, business center, conference room, bicycle service station and a dog park. The new community will be situated on a site that features Savannah’s famed live oak trees. Mariner Group and Brand Properties have tapped Thomas and Hutton as the project’s engineer and Choate Construction as the general contractor.

September 10, 2015

Industrial Texas

Amazon to Open Fulfillment Center in Austin/San Antonio Corridor

by Katie Sloan September 10, 2015

SAN MARCOS, TEXAS — Amazon has acquired a 100-acre site on McCarty Lane in San Marcos to develop an 855,000-square-foot fulfillment center. This will be Amazon’s fifth fulfillment location in Texas. Kit Corbin of Endura Advisory Group represented the undisclosed seller, and Ed Cross of San Antonio Commercial Advisors represented the buyer in the transaction. The city of San Marcos and the Texas Department of Transportation will cooperate with the developer of the Amazon facility to provide road improvements. Atlanta-based Seefried Industrial Properties Inc. is overseeing the project, alongside Houston-based engineering firm Jones & Carter Inc., according to reports by the Austin Business Journal. The fulfillment center will be completed in early 2017 and is expected to create more than 1,000 permanent jobs when fully staffed.

September 10, 2015

New Jersey Northeast Office

VREP, Rubenstein Partners Top Off MetLife Investments Headquarters in Hanover

by Amy Works September 9, 2015

HANOVER, N.J. — Vision Realty Estate Partners and Rubenstein Properties have topped off the steel structure for the development of MetLife Investments’ global headquarters at 67 Whippany Road in Hanover. Situated on 14 acres, the 185,000-square-foot office facility has been designed to meet LEED Gold Core and Shell and LEED Platinum Interiors standards. The building will feature an open floor plan with collaborative workspaces and breakout rooms, a town hall with technologically advanced conference facilities, a fitness center, an employee food court with indoor and outdoor seating, and a café. Additionally, the property will offer 4.5 parking spaces per 1,000 feet of rentable area through a combination of surface, structured and underground executive parking. The building, which will house more than 900 MetLife employees, is slated for delivery in the third quarter of 2016.

September 9, 2015

Mixed-Use Office Texas

Port San Antonio Begins $9M Road Extension

by Katie Sloan September 9, 2015

SAN ANTONIO — The City of San Antonio’s Transportation and Capital Improvements Department has begun demolition of several obsolete buildings totaling over 40,000 square feet at Port San Antonio, a redevelopment of the former Kelly Air Force base, to extend portions of 36th Street by an additional half mile toward the south. Upon completion in late 2016, the new road will intersect with General Hudnell Drive, providing the 1,900-acre property with additional road connections in support of growing logistics activity. The road will now end near the aircraft maintenance workshop facilities and Air Force headquarters operations where the majority of the Port’s 12,000 daily commuters work. The road extension will support the future development of industrial and mixed-use sites in the heart of the property.

September 9, 2015

Infinity Hall Gainesville University of Florida

Florida Multifamily Southeast Student Housing

Brasfield & Gorrie Completes New Residence Hall at UF’s Innovation Square

by John Nelson September 9, 2015

GAINESVILLE, FLA. — Brasfield & Gorrie has completed the construction of Infinity Hall, a new residence hall located at the University of Florida’s Innovation Square in Gainesville. The new live-learn community has opened to students for the fall semester. With a capacity to accommodate more than 300 residents, the facility’s four floors of residence suites include eight single rooms, 16 single-suite rooms, 48 double-suite rooms and 20 four-person-suite rooms. The facility also includes team meeting rooms, an entertainment room, flexible spaces to support the university’s entrepreneurship programs, a resident apartment and a maintenance shop. Infinity Hall was privately developed by Signet Development in partnership with the university’s Department of Housing and Residence Education. Specifically designed for students interested in entrepreneurship, the community aims to expose students to the startup community, local entrepreneurs and CEOs. Serving as construction manager-at-risk, Brasfield & Gorrie partnered with developer and owner Signet Development and architect Perkins+Will on the $15.9 million construction project. The team broke ground in 2014 and completed the project on schedule.

September 9, 2015

Multifamily Oregon Seniors Housing Western

Cascade Manor CCRC in Oregon Undergoing $10M Expansion

by Nellie Day September 9, 2015

EUGENE, ORE. — Cascade Manor, a continuing care retirement community (CCRC) in Eugene, is currently in progress on a $10 million expansion that will create 30 new luxury independent living apartments and community amenities. The expansion, named 29th Place at Cascade Manor, will add 82,200 square feet to the community. Each new independent living apartment ranges from 1,330 to 2,700 square feet. In addition to new, larger housing options, the community is adding a new dining venue and a courtyard with exterior seating to give residents more choices for dining. Cascade Manor is also renovating existing common spaces including the dining room, main lobby, library and exterior finishes on the entire campus. Cascade Manor expects residents to begin moving into the expansion by the end of the year. Moisan Architects designed the expansion.

September 9, 2015

Multifamily Seniors Housing Washington Western

Silverado to Build New Memory Care Facility in Washington

by Nellie Day September 9, 2015

BELLINGHAM, WASH. — Memory care developer Silverado will lay the foundation for Silverado Bellingham, a 80-bed memory care community in Bellingham, on the West Coast near the Canadian border, on Sept. 11. The 41,000-square-foot, single-story community is situated on four acres of land and is slated to open in late 2016. Silverado expects development costs to total over $10 million. Architect James Brown with Wattenbarger Architects, local civil engineer Craig Parkinson with Cascade Engineering, and Dawson Construction Inc. all will participate in the construction.

September 9, 2015

Illinois Midwest Office

Leopardo Breaks Ground on 315,000 SF Office Tower in Illinois

by Amy Works September 8, 2015

ROLLING MEADOWS, ILL. — Leopardo Cos. Inc. has broken ground on the recladding and renovation of an office tower in Rolling Meadows. The 11-story, 315,000-square-foot office building is located at 2850 Golf Road. When complete in the first quarter of 2017, the modernized building will become the global corporate headquarters of Arthur J. Gallagher & Co., which will relocate from Itasca, Ill. Leopardo is serving as general contractor in collaboration with Wright Heerema Architects.

September 8, 2015

Office Texas

RagingWire to Build 1M SF Data Center Campus in Metro Dallas

by Katie Sloan September 4, 2015

GARLAND, TEXAS — RagingWire Data Centers, a data center provider, has purchased 42 acres of land in Garland to build a 1 million-square-foot data center campus known as TX1. The 80-megawatt property will be located off of the President George Bush Turnpike at the intersections of Lookout Drive and Campbell and Telecom roads. The city of Garland and Garland Power & Light worked with RagingWire to provide planning assistance and economic development incentives for the project. Construction is expected to begin immediately on the first of five 180,000-square-foot data centers at the TX1 campus. Leasing of wholesale build-to-suit vaults, custom data center buildings and retail colocation cages and racks is expected to commence by September 2016. Bo Bond and Ali Greenwood of JLL represented RagingWire in the land acquisition.

September 4, 2015

Georgia Office Southeast

Blue Cross and Blue Shield of Georgia Opens New Office Building in Columbus

by John Nelson September 4, 2015

COLUMBUS, GA. — Blue Cross and Blue Shield of Georgia (BCBSGa), Georgia’s largest health solutions company, has opened its new office building in the Muscogee Technology Park in Columbus. The new 235,000-square-foot facility will house approximately 1,500 employees and will be BCBSGa’s main hub for servicing its nearly 3 million members. The new three-story facility will replace an existing property that BCBSGa has owned since 1958 and a smaller leased facility in the Muscogee Technology Park. The new property brings together the largest collection of BCBSGa employees of any single location in Georgia. The building has two wings connected by an atrium and features an outdoor patio, fitness center and a 1.2-mile walking path. Public partners on this project included Columbus Consolidated Government, the Development Authority of Columbus and the Greater Columbus Chamber of Commerce. The development team includes developer The Molasky Group, general contractor Batson-Cook Construction and architect Hecht Burdeshaw Architects. More than 150 construction workers were employed at the peak of construction, the vast majority of which through subcontractors from the Columbus area and the state of Georgia.

September 4, 2015

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