Development
Legacy Partners Kicks Off LA-Area Marina Renovations
The company started the $65 million revamping of the 379-unit Wayfarer Apartments + Marina at the beginning of 2016. The current phase is slated for completion by early 2019.
Developer Secures $17M Tranche for Waterfront Miami Tower
Vertical construction of the 57-floor condo building is set to begin in the first quarter of 2018, with completion estimated for 2019.
Tribune Media Unveils Chicago River District Master Plan
The redevelopment plan by the firm’s subsidiary Tribune Real Estate Holdings calls for the conversion of 37 acres of underused industrial land into a dynamic neighborhood that could accommodate 19,000 jobs and 5,900 residential units.
Unveiled: Wilmette’s First New Rental Property in a Decade
M&R Development and Globe Corp. developed the new Residences of Wilmette, in Wilmette, Ill. The community was built to achieve LEED Silver certification and is located within commuting distance to Chicago.
CityView Unveils Mural at OC Development
Located at the upcoming Baker Block apartment community, the mural, by artist and OBEY Clothing Founder Shepard Fairey, covers 8,000 square feet and is the largest of its kind in Orange County. The 240-unit community is scheduled for completion in November.
Marina Arts District Grows With $100M Development
Dubbed G8, the project will be one of the area’s largest multifamily communities. California Landmark Group’s development is located in a former Marina del Rey industrial zone and is scheduled for 2019 completion.
How to Deliver Cost-Efficient, Environmentally Sustainable Projects
MHN spoke with Satyen Patel to find out how his company Prescient’s construction system helps multifamily developers deliver projects within tight schedules and on budget.
CalAtlantic Homes Opens Raleigh-Area Community
Silver Grove is a new townhome property in Cary, N.C., five miles from the Research Triangle Park. Pricing starts in the low $300,000s.
Breaking Ground Opens 1st Affordable Community
Designed by COOKFOX Architects, Park House is an $86 million, 248-unit project in the Bronx, built to accommodate low- and very low-income families.
Ironstate Breaks Ground in CT
The company is developing Stamford Urby, an 11-building, 650-unit community in Stamford. This will be the fourth Urby development, following properties in Staten Island, N.Y., and Jersey City and Harrison, N.J.