News
Pinecrest Development in Orange One Step Closer to Construction Start
A small village in Northeast Ohio is about to have a huge impact on the entire area. On November 5, residents of the village of Orange voted to approve plans to rezone a residential neighborhood and pave the way for a 76-acre mixed-use project that will bring new, upscale shopping to the region. According to unofficial results from the Cuyahoga County Board of Elections, 709 people voted for Issue 51, while 532 were against it.
Miller-Valentine Details Plan for $8M Affordable Housing Project in El Reno
Miller-Valentine Group and Frontier Community Services recently announced the development of Fairway Breeze Apartments in El Reno, Oklahoma.
Cincinnati-Area College Developments Receive Funding, Expected to Boost Local Economy
This July, Xavier University, together with Messer Construction Co. and Ackermann Group, broke ground on a long-delayed apartment and retail development at Montgomery Road and Cleneay Avenue, adjacent to the university’s campus. With a $53 million first phase, the University Square project recently received some help from the Finance Fund. It was awarded $8 million in federal New Markets Tax Credits.
Cassidy Turley to Lead Leasing Efforts for Allen Center; Renovations Kick off at Hines’ 600 Travis Sky Lobby
Brookfield Office Properties tapped Cassidy Turley to provide project leasing services for Allen Center, a 3.1-million-square foot, class A office complex in downtown Houston.
Caribou Coffee, Bruegger’s Bagels Open First Co-Branded Stores in Minnesota
Caribou Coffee and Bruegger’s Bagels recently announced they have developed new co-branded locations in Minnesota and national locations are to follow soon.
KDC Kicks Off Construction of AdvoCare Facility in Richardson
Dallas-based KDC has kicked off construction of a 260,000-square-foot office and warehouse facility in Richardson for AdvoCare International, a premier health and wellness company.
Walton Enters into Agreement with NVR to Build Homes at Westphalia Town Center
The Walton Group of Companies broke ground earlier this year on the massive Westphalia Town Center in Upper Marlboro, Maryland. Now, the Canadian developer has signed Reston-based NVR, Inc. as the first residential homebuilder for the the master planned, mixed-use community.
Developers Join Forces to Revive Overtown
Overtown’s fortunes are on the rise regarding the hundreds of construction jobs and long-term jobs a twin-project next to Lyric Theater is expected to bring.
CGI Acquires 55 Miracle Mile with $22 Million Loan
CGI Merchant Group LLC recently acquired 55 Miracle Mile, a mixed-used project for $26.75 million. The 65,000-square-foot property located in Coral Gables was previously owned by CF Miracle Mile, LLC. The transaction was partially backed by a loan.
New Luxury Apartments Come to Bird Road in Coral Gables
Mill Creek will develop 262 Class A luxury apartment units in Miami. The complex, standing in with Mill’s Modera brand name and indicating its location on Bird Road – an important traffic corridor of the area – is to be called Modera Bird. Central location of the luxury homes in the Coral Gables/Merrick Park submarket will offer easy access to three major Class A office hubs, hospitals, universities, cultural centers, banking, dining, shopping, etc. Douglas Station Metrorail stop is also nearby as well as Miami-Dade County Transit System’s Metrobus and the Coral Gables free trolley system’s lines.