Development
Resmark Apartment Living to Develop Two Apartment Communities in Chula Vista
By Gabriel Circiog, Associate Editor Resmark Apartment Living, a division of The Resmark Companies, has teamed up with ColRich to develop two apartment communities in southern San Diego County. Located in the Eastlake master-planned community in Chula Vista, the 19.6-acre development site is just south of the Olympic Parkway and Wueste Road intersection adjacent to […]
MARKET SNAPSHOT: New Construction Expected in Miami as Vacancies Fall and Employment Prospects Loom
The Miami-Dade area is set to see significant multifamily development in 2012, as the local economy expands and vacancies trend downward.
New Colorado Community Appeals to Gen Y
KTGY Group Inc. has recently completed the first of eight three-story buildings at the Arista Uptown Apartments in Broomfield, Colo. This community was designed specifically with Gen Y in mind.
LGBT Affordable Seniors Housing is First for Philadelphia
In a landmark decision for Philadelphia, the Pennsylvania Housing Finance Agency voted to provide a reservation of Low Income Housing Tax Credits, which will generate up to $11 million for the first LGBT-friendly affordable senior housing facility in the state.
Five Apartment Building Amenities That Might Not Be Worth the Investment
Sometimes buildings have amenities that renters don’t necessarily want or need. Here are five amenities that might not be worth the investment. Do you agree?
Butte Cos. Plans $35M Luxury Apartment Complex in Chandler
By Alex Girda, Associate Editor Phoenix’s climate and attractive lifestyle is motivating developers to grow the local inventory of luxury multifamily properties. A recent case in point: the $35 million development in Chandler planned by Scottsdale-based Butte Cos. The proposed 222-unit project would rise on a 10-acre parcel on McClintock Drive, just north of Chandler […]
Wood Partners LLC and East West Partners Plan New Luxury Apartment Community
By Gabriel Circiog, Associate Editor Wood Partners L.L.C. and East West Partners announced that they have arranged capital from USAA Real Estate Company for the development of a luxury apartment community in the heart of the Union Station/Riverfront Park redevelopment. The $62 million Alta City House, located at 1801 Chestnut St., will include 280 units […]
Paragon Plans 400,000-Square-Foot Outlet Shopping Center in Cedar Grove
By Gabriel Circiog, Associate Editor Paragon Outlet Partners L.L.C. has presented to the Eagan Economic Development Authority a preliminary concept plan for a new upscale outlet shopping center in Cedar Grove. The Baltimore-based developer proposes a project that would feature between 90 and 100 high-end outlet stores on approximately 35 acres of land. With more […]
COMPANY PROFILE: Hines
Last year, Hines hired Alan Patton, then president of The Morgan Group, to lead the company’s efforts to expand its multifamily development activity.
New $165 Million Residential Development Announced at Buckley Annex
By Gabriel Circiog, Associate Editor The Department of Defense will transfer the last remaining parcel of land from the site of the former Lowry Air Force Base to the Lowry Redevelopment Authority. Construction work on a $165 million residential development at the Buckley Annex is expected to start this fall, The Denver Post reports. The […]