Development
LMC Tops Off Minneapolis Community
After topping off a mixed-use community in Dallas last month, LMC topped off NordHaus, a luxury mixed-use community located in the heart of Northeast Minneapolis. NordHaus is a 20-story community that features 280 apartments, including 12 penthouses, and 22,000 square feet of ground-floor retail and restaurant space. Residents will have access to amenities such as an expansive club room with kitchen, state-of-the-art fitness center, outdoor, resort-level pool deck, cyber café with conference room and rooftop theatre. Additionally, NordHaus features a pet park with pet washing area, a video game room and bike lounges. Located at 315 NE First Ave., the property…
Condo Development on Biscayne Bay Nearly Complete
The Miami property was developed jointly by South Florida-based developer Two Roads Development and GTIS Partners, a global real estate investment firm headquartered in New York.
CA Senior Living Breaks Ground in AZ
The $25 million Quail Park in Oro Valley includes 101 units, with a portion dedicated to assisted living, and the $32 million Quail Park at Morrison Ranch includes 83 assisted living units and 32 memory care suites.
Affordable Housing to Rise on Former NY Slaughterhouse Site
NYCEDC and HPD released plans to transform a 24,687-square-foot historic site in the far west side of Manhattan, once home of New York Butchers’ Dressed Meat Co., into a mixed-use project that will include 234 affordable units, a grocery store, dormitory space, and more.
Brooklyn Development Site Sells for $2M
EPIC Commercial Realty represented both parties in the sale of 2203 Clarendon Road, a 0.14-acre vacant residential lot in Brooklyn’s Flatbush neighborhood.
EdR Starts Work on Cornell Grad Student Housing
Maplewood Graduate and Professional Student Housing will feature 872 beds in 441 units, nearly tripling the number of residents accommodated by the recently razed Maplewood Apartments.
Baltimore Affordable Community Reopens After $27M Rehab
Enterprise Homes, HUD and other stakeholders teamed up on an extensive makeover of The Allendale, a 164-unit West Baltimore property serving seniors and disabled adults.
New Nashville Community Honors Country Icon
LMC’s Morris Apartments is a luxury mixed-use community with 344 apartment homes and 6,000 square feet of ground-floor retail. The development is located on the historic Music Row, at what was once a legendary country music manager’s office.
QuadReal Invests $600M in Student Housing JV
QuadReal invested $600 million of equity into a partnership with CA Student Living (CASL) and GI Partners. The joint venture’s initial portfolio includes 10 geographically diversified properties, developed and managed by CASL, in 10 major university markets across nine states.
Hines, McCaffery Break Ground in Chicago
A new mixed-use building anchoring the Lincoln Park neighborhood is set to rise on the former Children’s Memorial Hospital site.