Quarterra and Kayne Anderson Real Estate Open 384-Unit Emblem Orange Blossom in Naples, Florida
•Quarterra
Development News
New construction projects and development announcements
Commercial Real Estate News
Regan Development Corporation Breaks Ground on $37 Million, 78-Unit Affordable Housing Project in Dunkirk, NY
•New York State Homes and Community Renewal
Transwestern Investments and Balcones Real Estate Group Break Ground on 328,256-SF Industrial Project in Kyle, Texas
•Transwestern
Simone Development Companies, Stagg Group Break Ground on $160 Million QWest Towers Affordable Housing Project in Mount Vernon
•New York State Homes and Community Renewal
The Pizzuti Companies Breaks Ground on 183,479-SF Speculative Industrial Building in Columbus, Ohio
•The Pizzuti Companies
Landmark Properties, Silverpeak and Peninsula Investments Group Complete 397-Bed Student Housing Community Near Colorado State University
•Landmark Properties
High Street Residential Tops Out 99-Unit Luxury Tower in SoHo, Marking First Manhattan Project
•High Street Residential
DevelopmentIndustrialWarehouse & Distribution
ESR Group and Indonesia Investment Authority Break Ground on Two Grade A Logistics Facilities in Cikarang
ESR Group and the Indonesia Investment Authority have broken ground on two institutional-grade logistics developments in Cikarang, Greater Jakarta, expanding a partnership first established in 2023. The projects — ESR Cikarang Logistics Park 4 and ESR Cibitung Distribution Hub — are expected to deliver in 2027 and 2028, respectively.
•ESR Group
Development
Admiral Legacy Investments and Foundry Commercial Break Ground on 152,894-SF Class-A Office Building in Mansfield, Texas
Admiral Legacy Investments and Foundry Commercial have begun construction on Phase 1A of the Mansfield Innovation Community, a five-story, 152,894-square-foot Class-A office building in Mansfield, Texas. The project, backed by a public-private partnership with the City of Mansfield and the Mansfield Economic Development Corporation, represents the first phase of a planned 18-acre mixed-use innovation campus.
•OfficeMixed Use
DevelopmentMultifamily
Thompson Thrift to Develop 300-Unit Rivet Apartment Community in Chelsea, Alabama
Thompson Thrift has announced plans to develop Rivet, a 300-unit Class A apartment community on nearly 29 acres along the U.S. 280 corridor in Chelsea, Alabama. The project, capitalized through the Thompson Thrift 2025 Multifamily Development, LP, is targeting first occupancy in late 2027.
•Thompson Thrift
DevelopmentSenior HousingAffordable
DMA Development Co. and Austin Geriatric Center Complete $88 Million Rehab of Historic Senior Tower on Lady Bird Lake
DMA Development Co. and Austin Geriatric Center have completed an $88 million gut rehabilitation of The Rebekah at RBJ Residences, a 16-story affordable senior housing tower in Austin, Texas. The project reduced the building's original 250 units to 224 fully renovated apartments restricted to residents earning between 30% and 60% of area median income.
•National Equity Fund
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DevelopmentOther
Stream Realty Partners Plans 2,053-Space Parking Garage at Houston Center Downtown Campus
Stream Realty Partners and its joint venture partner have acquired a full city block in Downtown Houston to develop a 12-level, 2,053-space parking garage at the Houston Center campus. The project, which includes a skybridge connection to One Houston Center and EV charging stations, is expected to break ground in 2027.
•Stream Realty Partners
DevelopmentMixed UseRetail+1
Thompson Thrift Opens 64,000-Square-Foot Safeway at The Gilmore Mixed-Use Development in Gilbert, Arizona
Thompson Thrift marked a key milestone at its 35-acre mixed-use development in Gilbert, Arizona, with the grand opening of an approximately 64,000-square-foot Safeway grocery store at The Gilmore. The project combines roughly 200,000 square feet of retail space with 300 luxury apartment homes currently in pre-leasing.
•Thompson Thrift
DevelopmentWarehouse & DistributionIndustrial
OMNIDOCKS and PRODAC Industrial Real Estate Complete 8,505-Square-Meter RUHR Logistics Park in Castrop-Rauxel
OMNIDOCKS and PRODAC Industrial Real Estate have delivered the RUHR Logistics Park at Klöckner Strasse 55 in Castrop-Rauxel, a newly completed 8,505-square-meter logistics and warehouse facility now available for lease. The project, developed on a former industrial site in North Rhine-Westphalia's Ruhr region, targets logistics, warehousing, and light industrial occupiers seeking exclusive-occupancy space with direct motorway access.
•PRODAC Industrial Real Estate
DevelopmentMultifamily
American Capital Group Adds 321-Unit Multifamily Project to Bothell Pipeline
Bellevue-based American Capital Group is expanding its Eastside apartment pipeline with a 321-unit multifamily development in Bothell, Washington. The firm cited the region's job market as a key driver behind the continued development push.
•Kidder Mathews
DevelopmentHealthcare
Anchor Health Properties, Baptist Health South Florida and Lifepoint Rehabilitation Open 100,000-SF Inpatient Rehab Hospital in South Miami
Anchor Health Properties has completed development of a three-story, 100,000-square-foot inpatient rehabilitation hospital adjacent to Baptist Health South Miami Hospital, with Lifepoint Rehabilitation set to operate the 62-bed facility. The project, located at 6201 Sunset Drive in South Miami, held a ribbon-cutting ceremony on July 29 and is scheduled to admit its first patients in August.
•Anchor Health Properties
DevelopmentIndustrialWarehouse & Distribution
Merritt Properties Breaks Ground on 140,000-SF Light Industrial Project in Stafford County, Virginia
Merritt Properties has broken ground on Phase I of Austin Ridge Business Park in Stafford County, Virginia, delivering two Class A light industrial buildings totaling 140,000 square feet along the I-95 corridor. Cushman & Wakefield | Thalhimer is handling exclusive leasing for the project, which targets an underserved small-bay tenant segment in the Fredericksburg market.
•Merritt Properties
DevelopmentMultifamilyMixed Use+2
Pennrose Properties, Atlanta Beltline Break Ground on 130-Unit Affordable Mixed-Use Development in Lindbergh
Pennrose Properties, Radiant Development Partners and Atlanta Beltline, Inc. have broken ground on Overlook at Garson, a 130-unit, 100% affordable mixed-use development at 579 Garson Drive NE in Atlanta's Lindbergh neighborhood. The project, backed by Advantage Capital, Atlanta Housing, the Community Foundation for Greater Atlanta and the Georgia Department of Community Affairs, is expected to deliver in 2028.
•Pennrose Properties
DevelopmentMixed UseMultifamily+2
MCB Real Estate Names Ryan Homes and NVHomes as Homebuilders for $2.7B VIVA White Oak Development in Silver Spring
MCB Real Estate has named Ryan Homes and NVHomes as homebuilding partners for VIVA White Oak, a $2.7 billion mixed-use development in Silver Spring, Maryland. The announcement follows Montgomery County's approval of up to $420 million in Tax Increment Financing bonds, clearing the project's final legislative hurdle ahead of a planned fall construction start.
•MCB Real Estate
DevelopmentSenior Housing
Varcity and The Macallan Group Plan $100M-Plus Senior Housing Communities at Purdue and Texas A&M
Atlanta-based Varcity, whose leadership team includes The Macallan Group co-founder Mike Minutelli, closed on land at Purdue University in July 2026 for its inaugural 239-unit active-adult community. A second development is planned at Texas A&M University in College Station, with both projects anticipated to cost over $100 million each.
•Carter