Development
$39M Affordable Housing Breaks Ground in LA
Meta Housing Corp. has started construction on Whittier & Downey. The transit-oriented community will feature 35 units.
Thalhimer Begins Next Phase of Richmond Adaptive Reuse Project
The company acquired the 18-acre lot in 2013. City View Marketplace is set to include 161 units and 13,270 square feet of commercial space.
Canfield Development Builds $22M LA Apartments
The Kenmore, a 69-unit development in Koreatown, will be designed by Nadel Architects and include VIP cabanas, a spa and a package-delivery system.
AHC Starts Work on $100M VA Affordable Project
An outdated property in Arlington will be transformed into a 256-unit community. The redevelopment is expected to be completed in 2020.
$21M NY Affordable Housing Redevelopment Opens
Chappaqua Crossing Apartments in Westchester County, the former site of the Reader’s Digest headquarters, features 64 mixed-income units and access to a playground, a clubroom and walking trails.
Historic Brewery Gets New Life in Memphis
The 1870s-vintage property redeveloped by 459 TN Partners will feature more than 270 units, as well as a mix of office and retail space.
Construction Underway on IL Student Housing
After acquiring the site back in 2017, Gilbane Development Co. started work on the 538-bed community located close to the University of Illinois Urbana-Champaign.
Eyzenberg & Co. Arranges Developer, Ground Lease for NC Student Housing
The firm selected Greystar to develop Grove Park, a 339-unit community in Chapel Hill, which is set to replace the current apartment building at the site.
NYC Developer Obtains $46M Loan to Build Kips Bay Condos
Forkosh Development Group’s newest project is a 20-story residential building in the Manhattan neighborhood. The site, formerly three small apartment buildings, was purchased earlier this year for $17 million.
Senior Living Bridges the Generation Gap
Developing communities expressly for residents 55 and up is the dominant format for these communities. Yet as several new examples illustrate, a multigenerational approach offers benefits for all stakeholders.