Development

Q&A with NDR Group’s Charlie DePasquale

NDR Executive Vice President Charlie DePasquale talks to MHN about filling a need in a community, building green and giving back to the tax base all in one shot.

Archstone Commences Construction of 349-Unit Apartment Project in Suburban DC

Gaithersburg, Md.–Archstone is not pulling any punches in the construction of the Archstone Olde Towne development in Gaithersburg.

NAHB Names Michaels MF Development Firm of the Year

NAHB honors Michaels Development Co. for leadership in the multifamily housing industry and successful achievement of the company’s vision and goals.

Jamboree Breaks Ground on Intergenerational Affordable Housing Project

Claremont, Calif.–Jamboree has broken ground on Courier Place Apartment Homes, which will be a 75-unit, unified apartment community for low-income seniors and working families.

NAHB Indexes Point to Stronger Multifamily Market Ahead

NAHB’s Multifamily Production Index shows that development is at its highest point since 2007.

McCaffery Begins Marketing for Ambitious Chicago Lakeside Development

Chicago–McCaffery Interests Inc. has kicked off the marketing of Chicago Lakeside Development L.L.C. by opening a 2,000-square-foot marketing center on the site of the development.

USAA Purchases Suburban DC Site for Mixed-Use TOD

Arlington, Va.–USAA and Zom will create a Class A residential and retail destination, and further solidify the area’s reputation as a leader in transit-oriented development.

Peterson and Bozzuto Partner for First National Harbor Apartments

Washington, DC–With the joint venture of The Peterson Companies and The Bozzuto Group, National Harbor will have its first apartment community.

Stimulus Funds Help Kick Off Affordable Senior Housing Project

Waukegan, Ill.–The assistance of federal stimulus funds allowed Banner Apartments to begin constructing The Residences at Fountain Square outside Chicago.

Sycamore Urban Restarts Los Angeles-Area Townhome

Thousand Oaks, Calif.–Construction of an incomplete townhome project is about to pick up where it left off in 2008 now that Sycamore Urban Properties has taken the property off the hands of the FDIC.