Development
High-End Asset Breaks Ground in LA
Urban Architecture Lab began work on Variel Apartments, a 277-unit luxury property in Canoga Park’s Warner Center. The project will be completed in the fall of 2019.
Berkshire Group Debuts 2 Boston Towers
The company developed The Benjamin and VIA, part of the $600 million One Seaport development, the largest mixed-use project in the area in more than 30 years.
Raleigh Luxury Community Welcomes First Residents
The Carolinian on Glenwood is a 186-unit property built by Clancy & Theys Construction Co. Stiles Residential Group and Grubb Ventures have leased the first units of the asset.
Peak Campus Launches Theory Brand
The company is introducing its brand at two new student housing developments in Raleigh, N.C., and Syracuse, N.Y. Theory Raleigh and Theory Syracuse are slated for completion by the fall of 2018 and will feature a combined 1,126 beds.
Southern Land Opens First Denver Community
The 302-unit luxury property is located a few miles northwest of downtown Denver, in close proximity to the Denver International Airport. Centric LoHi also offers approximately 9,300 square feet of retail space.
High Street, Olympus Take TX Luxury Community to Next Phase
The first units at Union at Carrollton Square Phase III are expected to be open for occupancy in late 2018. In addition to the 352 apartments, the developers are scheduled to deliver more than 4,000 square feet of retail space.
Fifield Fetes Grand Opening of The Sinclair in Chicago
The luxury rental community adds a large slate of upscale units to Chicago’s Gold Coast neighborhood, spurring talk of a resurgence.
Russo Development Begins Work On NJ Apartments
Once construction is complete, Vermella West will add 280 apartment units to the Northern New Jersey submarket. The property will comprise four residential buildings and more than 15,000 square feet of amenity spaces.
JV to Develop 236-Unit DC Community
Fort Lincoln New Town Corp., The Concordia Group and Buvermo Investments plan a Class A project that will include 36 affordable units.
Grosvenor Americas Opens High-End DC-Area Community
The property offers 243 studio, one- and two-bedroom apartments and access to an array of luxury amenities, including a 24/7 concierge. It also provides a 15-minute commute to Washington, D.C.