Camelia Bulea
Blogging and social media aficionada, with an evergrowing passion for human communication and interaction.
Mark-Taylor, Kitchell to Develop 590-Unit M-F Project in Tempe
Mark-Taylor Inc. has recently announced it would team up with Phoenix-based Kitchell Development Co. to develop a 590-unit multifamily project in Tempe. The giant apartment community will be called San Sonora.
Walmart to Hire 275 People at Northeast Supercenter
Walmart Stores Inc. is looking to hire about 275 full- and part-time employees at its new Supercenter, along Binz-Engleman and Foster Road, which is expected to open this spring. The Northeast project is one of the four that the Bentonville, Ark.-based company is currently developing in the Alamo City.
Hall Financial Breaks Ground on 200,000-SF Office Building in Frisco
Due to the high demand for multi-tenant office space in Frisco, Hall Financial Group has recently broken ground on the 16th office building in Hall Office Park. The 200,000-square-foot Class AA office building will be built on one of the two remaining development sites in the 162-acre office park.
Tangerine Corridor in Tucson Sees Residential Building Boom
Accounting for nearly two thirds of new home construction in northwest Pima County, the Tangerine Road corridor has recently become the “place to be” for homebuilders. Not only will the area dominate Tucson’s residential market this year, but it will also attract even more investors and homebuilders in the next years.
Foundation Communities Plans 109-unit Affordable Project
Foundation Communities plans to build a residential project with affordable rentals at 2800 S. Lamar Blvd., a booming area with upscale multifamily projects. The local nonprofit could build the 109-unit apartment project on a site that currently houses a Goodwill retail store.
Optima Sonoran Village Leads Downtown Scottsdale’s M-F Development Wave
The first phase of Optima Sonoran Village, consisting of a 210-unit apartment building in downtown Scottsdale has recently marked an important milestone for the local apartment market; the seven-story tower is the first completed project in a wave of thousands of apartments proposed downtown.
Two San Antonio Apartment Communities Change Hands
The San Antonio apartment market seems to be very attractive for investors, with two important multifamily properties having changed hands recently. Sierra Ridge, a 230-unit apartment community located on the city’s North Central Side, has a new owner since February 14.
Adriatica Village Apartment Community in McKinney Receives $25M Loan
Developers plan to break ground on a new 211-unit apartment community in Adriatica Village, a European-inspired mixed-use town center development in McKinney, after having received $24.9 million for construction works.
327-room Boutique Hotel to Break Ground This Summer in Downtown Austin
JMI Realty is finally optimistic about its 327-room hotel project planned for downtown Austin. After five years of being stalled due to the economic recession, the hospitality project is finally on track, expected to break ground by June 2013.
Titan, Alliance to Break Ground on 13-Acre Apartment Community
Titan Development is planning to break ground on an upscale apartment community near Cottonwood Mall this summer. The Albuquerque developer has teamed up with Phoenix-based Alliance Residential Co. to build a 254-unit multifamily housing complex on a 13-acre site in West Side Albuquerque.