development2

Miller Construction Delivers Office, Manufacturing Facility for CGI Windows and Doors in South Florida

by Alex Tostado November 30, 2018

HIALEAH, FLA. — Miller Construction has delivered CGI Doors and Windows’ office and manufacturing facility in Hialeah’s Countyline Corporate Park. CGI Windows and Doors moved into the new 325,000-square-foot building at 3780 W. 104th St. from a smaller location in nearby Miami. Flagler Global Logistics was the developer and Ware Malcomb designed the facility. Ware Malcomb offers integrated design services including architecture, planning, interior design, civil engineering and branding to diverse clients in both the private and public sectors.

November 30, 2018

Development Georgia Industrial Southeast

Southeast Toyota Distributors to Build $90M Plant in Northeast Georgia

by Alex Tostado November 29, 2018

COMMERCE, GA. — Southeast Toyota Distributors will break ground on a $90 million, 350,000-square-foot plant in Commerce on Dec. 11. The new facility will be situated across Ga. Highway 334 from the distributor’s current plant, which employs 236 full-time associates. The new plant will feature amenities for workers, such as a health and wellness center, nature trail, fitness center, meeting area and an expanded café. The company distributes vehicles, parts and accessories to 177 Toyota dealerships in Alabama, Florida, Georgia, North Carolina and South Carolina. The new facility will include six rail spurs capable of accommodating 90 rail cars at once. The campus is expected to be complete in April 2020.

November 29, 2018

District of Columbia Loans Mixed-Use Southeast

Eastern Union Funding Arranges Loan for 117-Unit Mixed-Use Project in D.C.

by Alex Tostado November 29, 2018

WASHINGTON, D.C. — Eastern Union Funding has arranged a construction loan for the development of The Rushmore, a 117-unit, luxury mixed-use development in Washington, D.C.’s Capitol Hill District. Marc Tropp of Eastern Union Funding arranged the loan through a local regional bank on behalf of developers SGA Cos. and Evergreen Private Finance. The development is located at the former Frager’s Garden Center at 1220 Pennsylvania Ave. S.E., and also includes the historic Shotgun House, located at 1229 East St. S.E., which will be turned into a duplex. Amenities for The Rushmore are set to include a residents’ lounge, fitness center, rooftop deck, concierge service, catering kitchen and private dining at the penthouse level, as well as 2,500 square feet of street-level retail space. Bethesda, Md.-based SGA Cos. and Washington, D.C.-based Evergreen Private Finance signed a 100-year ground lease with Capitol Hill investor Larry Quillian to develop at the two locations. The Rushmore is expected to be complete by the fourth quarter of 2019.

November 29, 2018

Development Industrial Northeast Pennsylvania

Trammell Crow to Build 1 MSF Distribution Facility in Scranton

by David Cohen November 29, 2018

SCRANTON, PA. — Trammell Crow Co. has acquired a 90-acre site at the Valley View Business Park in Scranton. The company plans to build a 1 million square-foot speculative distribution facility on the site. The sales price was undisclosed. The building is scheduled for completion in the third quarter of 2019 and will feature 40-foot clear heights, 311 trailer parking spots, 277 car parking spots, 159 dock positions and ESFR fire protection. Trammell Crow purchased the site from the Scranton Lackawanna Industrial Building Co., the industrial development affiliate of the Greater Scranton Chamber of Commerce. CBRE Allentown was given the leasing assignment for the project.

November 29, 2018

Development Florida Mixed-Use Southeast

Bristol Development, Hallmark Partners to Build Mixed-Use Project in Jacksonville

by Alex Tostado November 28, 2018

JACKSONVILLE, FLA. — Bristol Development Group and Hallmark Partners plan to develop Vista Brooklyn, a mixed-use project in Jacksonville that will include 308 apartments and 13,000 square feet of retail space. Located in Jacksonville’s Brooklyn neighborhood, the project will feature a dog park and rooftop pool for residents. Construction is expected to begin in January and wrap up in February 2021. Nashville-based Bristol and Jacksonville-based Hallmark originally partnered in 2012 to build the 220 Riverside apartments in Jacksonville.

November 28, 2018

Development Multifamily Nevada Seniors Housing Western

Wolff Opens 146-Unit Seniors Housing Community in Metro Las Vegas

by Amy Works November 28, 2018

HENDERSON, NEV. — The Wolff Company, a Scottsdale-based private equity firm and multifamily developer, has opened the doors on Revel Nevada. Located in the Las Vegas suburb of Henderson, the three-story independent living property offers 146 units in a mix of one- and two-bedroom options. Clearwater Living will operate the community. The Wolff Company is currently developing numerous senior living communities throughout the country with plans to broaden its portfolio by investing $300 million to $400 million annually in the development of additional communities.

November 28, 2018

Development District of Columbia Mixed-Use Southeast

Former Fannie Mae Headquarters to Get New Life with $640M Mixed-Use Redevelopment

by Alex Tostado November 27, 2018

WASHINGTON, D.C. — Roadside Development and North America Sekisui House LLC (NASH) have announced that the redevelopment of Fannie Mae’s former headquarters in Washington, D.C. will be named City Ridge. The name originates from the site’s location on Wisconsin Avenue, a geological ridgeline that separates the two stream valleys of Rock Creek Park to the east and Foundry Branch to the west. The $640 million, 1.1 million-square-foot project will break ground Dec. 1. The site sits on 10 acres and is set to include 687 residential units and 100,000 square feet of office space in the historic building, plus 62,000 square feet of new office space, 153,000 square feet of retail space and more than 750 parking spaces. Grocery store chain Wegmans Food Markets will anchor City Ridge.

November 27, 2018

Development Industrial South Carolina Southeast

Miller-Valentine Construction Finishes Midway Logistics III in South Carolina

by Alex Tostado November 27, 2018

WEST COLUMBIA, S.C. — Miller-Valentine Construction has completed Midway Logistics III, a 200,000-square-foot speculative building in the Lexington County Industrial Park (LCIP) in West Columbia. The building is designed for multi-tenant, Class A distribution and light manufacturing. The facility, developed by Magnus Development Partners, features 21 dock doors, two drive-ins and entries for tenant offices. It was designed to allow for a shared dock truck court to support a future distribution facility on the adjacent lot. LCIP sits on 350 acres and is home to Midway Logistics I and II, Husqvarna, JanPak, Home Depot, Republic National Distributing Co., Scholastic Book Fairs and Garden State Lumber Corp.

November 27, 2018

Development Industrial Self-Storage Texas

CSW Development to Build 1,311-Unit Self-Storage Facility in Houston

by Taylor Williams November 27, 2018

HOUSTON — Central Southwest Texas Development LLC (CSW) will develop a 1,311-unit self-storage facility at 10411 Westheimer Road in Houston’s Westchase neighborhood. The five-story, 132,350-square-foot property will be located in a neighborhood that features an average annual household income of about $91,000 within a three-mile radius. Griffin Guthneck and C.W. Sheehan of JLL arranged an undisclosed amount of floating-rate construction financing for the project on behalf of CSW. The lender was not disclosed. A timeline for construction has not yet been determined.

November 27, 2018

Affordable Housing Development Midwest Minnesota Multifamily

Lupe Development to Break Ground on Affordable Housing Project in Minneapolis This Spring

by Kristin Harlow November 27, 2018

MINNEAPOLIS — Lupe Development Partners plans to break ground on an affordable housing project in the Whittier neighborhood of Minneapolis this spring. The start date for construction was unveiled after Lupe received a $1.2 million grant from the Metropolitan Council’s Livable Communities Demonstration Account and a $2.4 million loan from the Minneapolis City Council’s Affordable Housing Trust Fund. The first of the two buildings will be located at 410 W. Lake St. and will include 111 affordable housing units. Nine of the units will be reserved for homeless veterans. Construction of Phase II, an identical building, is slated for 2020. To be eligible for housing, residents must meet income restrictions of $30,000 to $42,000 per year. Located close to the Midtown Greenway, the development will feature a green roof, solar panels, a fitness facility, a business center, community rooms, outdoor decks and a bike room with a repair station.

November 27, 2018

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