National
Award-Winning Heritage Community in Wake Forest Adds 61-Lot Neighborhood
Ammons Development has opened 61 private, wooded lots at the Heritage Enclave neighborhood in Wake Forest to the public for presales. The Heritage Custom Builder team will begin construction on the new luxury community this spring.
Three New Apartment Projects Rumored in Nashville
Nashville’s apartment boom continues with proposals and plans for new projects popping up all over the city.
SDC Nutrition Leases 60,000-Sq.-Ft. Building from RIDC in Findlay
Pittsburgh-based SDC Nutrition has recently signed a lease to occupy a 60,000-square-foot building at the RIDC Park West Industrial Park in Findlay Township. The Regional Industrial Development Corporation of Southwestern PA is building out the space, which should be ready for occupancy this summer.
New Kellogg Service Center to create 600 Jobs in Grand Rapids
Kellogg, the multinational cereal maker headquartered in Battle Creek, MI, announced plans for a regional service center in Grand Rapids that is part of the company’s four-year restructuring and efficiency program known as “Project K”.
Mormon Church Reveals Plans for Apartment Tower, Meeting House in Center City
With construction at a new temple in Center City Philadelphia advancing according to plans, Mormon Church officials recently revealed renderings of another development that will be located just one block from the future temple, on an existing surface parking lot immediately north of Vine Street and 16th Street.
Tucson School District Turns Tucson Schools into Daycare Centers
Two elementary schools in Tucson will soon become daycare centers as the Tucson Unified School District recently decided to alter the function of Schumaker Elementary and Brichta Elementary in order to create low-cost child-care centers for employees.
Seven-Acre Townhome Project Breaks Ground in Rezoned Sawmill District
By Anca Gagiuc, Associate Editor Located north of Albuquerque’s Old Town, the Sawmill district is an area that recently has been rezoned from industrial to residential. The scenery changes progressively into a colorful mix of housing, commercial spaces and industrial lots. A groundbreaking event was by Sawmill Community Land Trust and Sawmill Crossing Partners last […]
Embrey Partners Receives Approval for M-U Development
The border delimitating the urban and suburban areas of San Antonio started fading away when Embrey Partners announced that they received zoning approval to turn 8.2 acres of commercial space in the Legacy Shopping Center into an apartment development with 289 units. The property is located at Loop 1604 and Highway 281 in northern San Antonio and will be the third mixed-used community the company has built along the 281 corridor.
Capstone to Break Ground on Live-Work Campus in Redmond This Summer
Redmond-based tech giant Microsoft is set to get crowded as a massive mixed-use development project was recently announced in the vicinity of the software company’s headquarters. Developer Capstone Partners has released plans for a new urban village that would create a new live-work community able to accommodate around 8,000 people. The massive development project would include a large number of residential units, as well as a wide range of amenities and commercial space. According to the developer, the project will constitute an investment of approximately $900 million.
Cleveland Metro Area Apartment Construction Achieves Five-Year High
In recent years, the soft job market and the uncertainty about the local economy kept many people in the Cleveland area from buying new homes. Instead, they opted to rent. That’s why, during 2012, apartment vacancy in the metro area reached one of the lowest levels of the last decade. Marcus & Millichap reports that apartment construction in the Cleveland area has reached a five-year high, as many developers looked to take advantage of the low vacancy levels. 550 units were completed in 2013 and builders are expected to deliver 750 units this year. Apartment construction projects seem to be springing up like mushrooms after the rain.