Pietra Apartments in Phoenix Goes Green with New Solar Array
Phoenix–Westplan Investors and Wood Partners, owners of Pietra Apartments in Phoenix, are taking advantage of the powerful rays of sunlight that beam down on the city year-round with the recently installed 47,000-watt solar array at the 237-unit luxury multifamily property.
$40M Historic Preservation Project Converts Courthouse to Apartments
The Alexander Co. is transforming a long-shuttered, 1930s-era courthouse in downtown Kansas City, Mo., into 176 high-quality workforce-housing apartment residences.
Southwest D.C. to Get First New Luxury Apartment Building in Four Years
Washington, D.C.–Camden Property Trust recently broke ground on the 276-unit Camden South Capitol, the first new luxury development in the area for four years.
Post Properties Commences Apartment Projects in Orlando and Raleigh
Post Properties Inc. has kicked off development of Post Lake at Baldwin Park, Phase III in Orlando and Post Parkside at Wade, Phase I in Raleigh, N.C., adding 802 units.
Work Commences on Groundbreaking Green Affordable Housing Project in Brooklyn
Brooklyn, N.Y.–Ground has broken on the first of a three-phase affordable housing project that will have the largest residential solar energy system in the state of New York.
WDG-Designed Mixed-Use Project Gets Green Light in Bethesda
Bethesda, Md.—The proposal for Woodmont Central, a 585,000 square-foot mixed-use project in Bethesda, Md.’s Woodmont Triangle neighborhood, has been approved.
Unique Plan for 211-Acre SoCal Mixed-Use Community
Brea, Calif.–Ground has broken on La Floresta Brea, a mixed-use residential community in Brea, Calif., designed to emerge as an open, multi-generational neighborhood.
The Smooth Expansion from Apartments to Extended-Stay Hotels
Witchita, Kan.–In the commercial real estate world, the multifamily market and the lodging market are essentially two different animals, but they don’t have to be. Nick Esterline, a Wichita, Kan.-based real estate owner and developer, has found that there are similarities between apartments and extended-stay hotels, that can allow owners of the former property type to easily make a foray into the latter sector.
Ground Breaks on Southern California Community Designed for 21st-Century Seniors
Long Beach, Calif.–Work has gotten underway on the Long Beach Senior Arts Colony, a 200-residence affordable housing community in Long Beach, Calif., designed by architectural firm Studio One Eleven to tailor to the demands of today’s seniors.
Marketer’s Partnership with Furniture Retailer Closes Condo Deals
Brooklyn, N.Y.–Some of Oro’s units can demand more imagination than the most design-savvy buyer can conjure when it comes to envisioning a unit as a home.