Development
Work Commences on First Multifamily Project at Charlotte’s Cameron Village
Crescent Resources L.L.C. has kicked off the development of Gallery, a 282-unit luxury apartment project in Raleigh, N.C.’s sprawling mixed-use Cameron Village.
SF Affordable Co-op Apartments Finish Major Renovation
San Francisco–The three-year renovation of the 211-unit Martin Luther King-Marcus Garvey Square Cooperative Apartments in San Francisco’s Fillmore District has been completed.
Completion of Two More Phases in Nemchinovka Development
The Nemchinovka development, a $600 million luxury residential and commercial development in suburban Moscow, has moved closer to completion.
Norwalk Town Center to Add Gleam to Connecticut’s Gold Coast
Norwalk, Conn.–Construction will begin later this year on Norwalk Town Center, a mixed-use development that will feature 330 luxury apartments.
Archstone Acquires Development Site in Orange County
Huntington Beach, Calif.–Archstone, as part of a joint venture with Red Oak Investments, has acquired a four-acre development site to develop a mixed-use property with 384 apartments and 10,000 square feet of retail.
$250M Mixed-Use Development Breaks Ground in Atlanta
Emory Point, a partnership between Cousins Properties and Gables Residential, will be the largest private development start in the metro Atlanta Perimeter in more than three years.
Student Housing Is Not for Amateurs
There is opportunity aplenty in the student housing sector for firms willing to study hard and follow the lead of the seasoned pros.
Historic Rhode Island Property Receives Financing for More Apartments
East Providence, R.I.–Rumford Center, the mixed-use redevelopment of a historic mill complex, has obtained $15.5 million to complete the residential aspect.
Graduate Student Housing Project to Lift Downtown Pomona
A new mixed-use graduate student housing development has the potential to help revitalize Pomona’s downtown business district.
New Apartments Break Ground North of Tampa
Pasco County, Fla.–The Altman Cos. has broken ground on Altís at Grand Cypress, an apartment property with 17 two-story buildings totaling 258 units north of Tampa.