Development News

New construction projects and development announcements

Commercial Real Estate News

More News

University of Michigan and American Campus Communities representatives prepare to cut the ceremonial ribbon at Wolverine Village, marking the opening of the more than $600 million student housing development.
DevelopmentStudent Housing

American Campus Communities and University of Michigan Open $600 Million Wolverine Village Student Housing Development

The University of Michigan and American Campus Communities marked the grand opening of Wolverine Village on Sept. 18, 2026, a $600 million-plus, 2,298-bed residential development on U-M's Central Campus in Ann Arbor. The 750,000-square-foot project, delivered through a public-private partnership, adds five residence halls and an 800-seat dining hall to the university's housing inventory.

•American Campus Communities
A riverfront view of the Shippingport Industrial Park area in Beaver County, Pennsylvania, where Aligned Data Centers broke ground on the three-building, 2 GW Project Phoenix campus.
DevelopmentData Center

Aligned Data Centers Breaks Ground on 2 GW 'Project Phoenix' Campus in Shippingport, Pennsylvania

Aligned Data Centers has broken ground on Project Phoenix, a 2-gigawatt, three-facility data center campus in Shippingport, Pennsylvania that is expected to anchor approximately $10 billion in regional economic investment. The development, situated on a legacy industrial energy site, is projected to support 3,000 construction jobs and more than 640 permanent operating positions.

•Aligned Data Centers
An aerial view of the Marygrove Conservancy campus in northwest Detroit, the 53-acre site where the Kresge Foundation plans to develop a 70,000-square-foot office and community facility.
DevelopmentOfficeMixed Use

Kresge Foundation Plans 70,000-Square-Foot Office Development at Detroit's Marygrove Campus

The Kresge Foundation announced significant progress on a planned 70,000-square-foot headquarters and community facility at the Marygrove Conservancy campus in northwest Detroit, with a groundbreaking scheduled for spring 2027 and completion targeted for 2029. The project includes broad campus improvements and continued neighborhood investment in the Livernois-McNichols area.

•the Kresge Foundation
Architectural rendering of McLaren Property’s approved 14-storey, 291-bed student accommodation scheme at Sussex Place in Hammersmith, which will include affordable beds nominated to Imperial College London.
DevelopmentStudent HousingAffordable

McLaren Property Wins Planning Approval for 291-Bed Student Housing Scheme in Hammersmith, Secures Imperial College London Nominations Agreement

McLaren Property has secured planning approval from the London Borough of Hammersmith & Fulham for a 291-bed purpose-built student accommodation development at 1–3 Sussex Place, Hammersmith. The developer has simultaneously entered into a nominations agreement with Imperial College London, giving the university access to more than 100 affordable beds at the 14-storey scheme.

•McLaren Property