Monday, July 14, 2025
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DevelopmentGeorgiaIndustrialSoutheast

Stream Realty, AEW to Build Two Metro Atlanta Industrial Facilities Totaling 768,000 SF

by John Nelson

ADAIRSVILLE AND UNION CITY, GA. — Stream Realty Partners and AEW have partnered to develop two new speculative industrial projects in metro Atlanta totaling more than 768,000 square feet. The duo are set to develop Adairsville Logistics Center at 3048 U.S. Highway 41 in Adairsville and Union City Logistics Center at 4811 Flat Shoals Road in Union City. Justin Robinson, Virginia Crabtree, Isaac Weeks, Nick Peacher and Scott Jones of Stream Realty will provide construction management, leasing and property management services at both properties, which are set to come on line by the second quarter of 2023. Evans General Contractors will serve as the general contractor for both projects.

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DevelopmentMultifamilyOregonWestern

Wood Partners Breaks Ground on 326-Unit Alta Amberglen Multifamily Community Near Portland

by Amy Works

HILLSBORO, ORE. — Wood Partners has broken ground on Alta Amberglen, an apartment property on 18 acres at the intersection of NE Eckert Drive and Walker Road in Hillsboro. Slated for completion in 2024, Alta Amberglen will feature 326 one-, two- and three-bedroom apartments, as well as townhome options. Each residence will offer kitchens in two color palettes, stainless steel appliances, quartz countertops, tile backsplash, in-unit washers/dryers and wide-plank flooring throughout. Community amenities will include an on-site pocket park, a 10-acre wooded area and natural stream within the property’s 18-acre site, a fitness center with yoga studio, multiple coworking spaces, a game room with golf simulator, a podcast studio and ample room for socializing with fellow residents. Preleasing for Alta Amberglen is scheduled to begin in late 2023. Wood Residential will manage the property.

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DevelopmentIllinoisMidwestMixed-UseOffice

CEDARst, WeWork to Open Flexible Workspace at Bridgeview Bank Redevelopment in Chicago

by Kristin Harlow

CHICAGO — CEDARst Cos. and WeWork have unveiled plans to open the first WeWork location on Chicago’s North Side as part of the adaptive reuse project of the Bridgeview Bank building. The WeWork location will offer nearly 25,000 square feet of flexible workspace and is slated to open this fall. CEDARst is redeveloping the historic property into a $58 million mixed-use project. Plans call for 176 apartment units, 13,500 square feet of retail space and 19,000 square feet of office space in addition to the WeWork space. CEDARst’s property management company, FLATS, will manage the asset. The Bridgeview Bank building dates back to 1925.

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DevelopmentGeorgiaSoutheastStudent Housing

Mallory & Evans Breaks Ground on Phase II of Student Housing Community Near University of North Georgia

by John Nelson

DAHLONEGA, GA. — Mallory & Evans Development has broken ground on Phase II of Bellamy Dahlonega, a student housing community located near the University of North Georgia. The second phase of the project will add two buildings offering 128 beds. Phase I of the project was delivered in fall 2015 and offers 426 beds. The 44 new units will feature two-, three- and four-bedroom configurations and will be fully furnished with bed-to-bath parity. Phase II will also include the development of a new fitness center and renovations to the existing clubhouse. A timeline for the project was not announced.

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AcquisitionsDevelopmentLife SciencesWashingtonWestern

LPC West, Intercontinental Real Estate Buy Site for Nine-Story Life Sciences Development Near Seattle’s Space Needle

by Amy Works

SEATTLE — LPC West has partnered with Intercontinental Real Estate Corp. to acquire a development site for a nine-story life sciences building near Seattle’s Space Needle. Located on the border of the South Lake Union and Uptown neighborhoods, the building will total approximately 195,000 square feet and will cater to the needs of the city’s flourishing life sciences sector. Currently in the early design stages, the Class A building will feature views of the Space Needle, Climate Pledge Arena and the Puget Sound. Additionally, the site offers full transit accessibility with access to the Seattle Center Monorail, metro transit routes and Highway 99.

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Harbor-Island-West-Marina-San-Diego-CA
CaliforniaDevelopmentRetailWestern

Pacific Building Group to Lead $16M Renovation of Harbor Island West Marina in San Diego

by Amy Works

SAN DIEGO — HIW Associates has selected Pacific Building Group as general contractor for Harbor Island West Marina, a project including the demolition and renovation of the current marina located at 2040 Harbor Island Drive in San Diego. Estimated to cost $16 million, the 16,000-square-foot project’s scope includes the construction of two new buildings: a two-story, 9,980-square-foot retail building connected to a two-story, 5,000-square-foot marina building. The project will also include an 800-square-foot boater restroom building and recreation areas featuring a pool, picnic area and site landscaping. The marina will be renovated to include its full-service fuel dock, deli, hot tub and 620 boat slips, as well as its sailing academy. Construction on the project is slated to begin in January 2024, with completion scheduled for January 2025. Orange-based firm AO is serving as architect for the project. HIW has owned and managed the marina since 1982,

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DevelopmentIndustrialSelf-StorageTexas

Spartan Investment Group Begins 303-Unit Self-Storage Expansion Project in Huntsville, Texas

by Taylor Williams

HUNTSVILLE, TEXAS — Colorado-based Spartan Investment Group has begun a 303-unit expansion project at the FreeUp Storage facility in Huntsville, about 70 miles north of Houston. The facility currently comprises 45,000 net rentable square feet of climate- and non-climate-controlled space across 320 units. On a net rentable basis, the expansion will add 31,700 square feet of climate-controlled space and 12,940 square feet of non-climate-controlled space. Spartan Investment Group expects to complete the project before the end of the year.

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DevelopmentFloridaSoutheastStudent Housing

Landmark, Atlantic American Partners Break Ground on 702-Bed Student Housing Project Near FSU

by John Nelson

TALLAHASSEE, FLA. — A joint venture between Landmark Properties and Atlantic American Partners has broken ground on The Metropolitan at Tallahassee, a 702-bed student housing development near Florida State University. The community will be located at 1701 W. Pensacola St. near the university’s Doak S. Campbell Stadium. The development is set to offer two- to four-bedroom, fully furnished units. Shared amenities will include an outdoor putting green, 24-hour study lounge, computer lab, fitness center, resort-style swimming pool and a grilling area. Landmark Construction will serve as the general contractor for the project, which is scheduled for completion in August 2024.

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DevelopmentGeorgiaLeasing ActivityMixed-UseRestaurantRetailSoutheast

GID to Bring Hampton Social Restaurant to $2B High Street Project in Atlanta

by John Nelson

ATLANTA — GID, the developer of the $2 billion High Street mixed-use project in Atlanta’s Central Perimeter district, has executed a lease with Parker Hospitality to bring a Hampton Social restaurant to the development. The coastal-inspired restaurant chain is part of the first phase of the 36-acre project and is set to open in 2024. Hampton Social will span 10,455 square feet across two levels and serve cocktails, its famed “rosé all day” menu and seasonal seafood food for lunch, dinner and weekend brunch. The Hampton Social has locations throughout the United States including Illinois, Florida and Tennessee, and High Street will be its first location in Georgia. Led by GID, High Street’s first phase is under construction and encompasses approximately 150,000 square feet of entertainment-driven retail and restaurant space, a central events plaza, 600 luxury apartments, 90,000 square feet of loft offices and 222,000 square feet of existing office space. Earlier this year, GID announced Puttshack as an entertainment anchor for High Street’s first phase. Molly Morgan is leading the retail leasing assignment for High Street, along with Allie Spangler and 10Twelve, JLL’s boutique agency leasing team.

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DevelopmentMidwestMissouriMultifamily

Milhaus Breaks Ground on $58M Apartment Development in North Kansas City

by Kristin Harlow

NORTH KANSAS CITY, MO. — Milhaus has broken ground on a $58 million apartment development in North Kansas City. The project is the 10th in the Kansas City market for the Indianapolis-based developer. Plans call for 275 studio, one-, two- and three-bedroom units. Amenities will include a bark park, coffee bar, fitness and yoga centers, grills and fire pits, pool, bike parking and charging ports for electric vehicles. Great Southern Bank provided a construction loan. The project team includes Rosemann & Associates as architect, BASI Collective as interior designer and Renaissance Infrastructure as civil engineer. Completion is slated for October 2024.

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