Development
CGI Kicks Off Construction at Koreatown Project
The Mariposa will feature a total of 121 units, out of which 17 will be dedicated to low-income earners. Completion of the development is scheduled for the spring of 2019.
LMC’s San Diego Community Poised to Open
The 368-unit Shift includes 19,000 square feet of ground-floor retail and features amenities such as co-working space, an art-walk courtyard and EV charging stations.
Manhattan Conversion Project Lands $130M
Eastern Consolidated arranged the construction loan on behalf of Delshah Capital for its adaptive reuse project, which will transform a medical facility into a luxury community in Morningside Heights.
Berkadia Facilitates $52M Loan for VA Luxury Project
The upcoming 450-unit luxury community will be situated in Fredericksburg, Va., along Jefferson Davis Highway. The Breeden Co. estimates a total investment of $85.5 million.
$125M Luxury Tower Coming to Ft. Lauderdale
Developed by a partnership between Silverback Development and Bizzi & Partners, New River Central will feature 401 apartments. The joint venture expects to break ground in late 2018.
Related Debuts, Breaks Ground on Luxury FL Communities
Expanding its Icon brand in Central Florida, the company unveiled Icon Harbour Island in Tampa and started construction on Icon Central in St. Petersburg.
Wood Partners Commences Potrero Hill Development
The seven-story apartment community will contain 172 units along with 6,700 square feet of retail and additional PDR space on its ground floor.
Champion Cos. Developing New Community in Columbus
The apartment community will contain 64 one- and two-bedroom units, and the developer plans to complete the first units by fall 2018.
Peak Campus Expands in Atlanta
The company has broken ground on a 525-bed property, which is slated to open in fall 2019 and will serve students attending the Georgia Institute of Technology.
Skanska Wins $170M CA Contract
The firm is slated to erect two San Francisco communities containing nearly 600 units, which will serve the students of the University of California.