Development News
New construction projects and development announcements
Commercial Real Estate News
Ardian and Emerige Advance La Pointe des Arts Mixed-Use Project on Île Seguin in Greater Paris
Singtel and Lendlease Launch Leasing at One Comcentre, Orchard Road's First Grade A Mixed-Use Development in Two Decades
Legion Investment Group and SMA Equities Secure $99 Million for 37-Story Upper East Side Tower
Trademark and Cohen & Steers Acquire Oak Hill Plaza in Austin as Trademark Advances $417 Million Texas Retail Pipeline
DayOne Data Centers Plans 200MW Campus in Imari, Saga Prefecture, Expanding Japan Platform Beyond Tokyo
Howard Hughes and Discovery Land Company Break Ground on ʻIlima and Melia Towers at Ward Village in Honolulu

Greystar Opens 758-Home Momento Berlin Rental Community in Neukölln, Developed with Bauwens
Greystar has officially opened Momento Berlin, a 758-home rental community at Buschkrugallee 64 in Berlin's Neukölln district, developed in partnership with Bauwens and Goldbeck on the site of the former BLUB leisure pool. The opening marks a significant addition to Berlin's constrained rental housing market, where active vacancy stands at just 0.3%.

Arada London and Clarion Housing Group Top Out 30 Social Rent Homes at 100 Chalk Farm Road in Camden
Arada London and Clarion Housing Group have reached the topping-out milestone at 100 Chalk Farm Road in Camden, marking a key construction benchmark for 30 new social rent homes. The development is one of three Camden sites where the two organisations have agreed a forward-purchase partnership to deliver a combined 136 social rent homes.

TARAF and Mubadala Investment Company Sign MoU for 5.4M-Square-Foot Mixed-Use Development on Abu Dhabi's Al Reem Island
TARAF, the real estate division of Yas Holding, and Mubadala Investment Company have signed a Memorandum of Understanding to explore a large-scale mixed-use waterfront development on Al Reem Island in Abu Dhabi. The proposed masterplan spans 10 plots totaling approximately 655,000 square feet of land with a planned gross floor area of approximately 5.4 million square feet.

Arada Submits Planning Applications for AED 12 Billion Thameside West Development in London's Royal Docks
UAE-based developer Arada has submitted planning applications to Newham Council for the first phase of Thameside West, a Royal Docks regeneration project valued at AED 12 billion that would deliver approximately 1,500 homes across six buildings. The scheme, developed in partnership with the Greater London Authority, is part of a broader masterplan capable of delivering at least 5,000 homes on a more than 47-acre brownfield site in east London.
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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.

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.

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.

InterContinental Hotels Group plc Opens 250-Room Crowne Plaza Paris Marne-la-Vallée in Hospitality Real Estate Expansion
InterContinental Hotels Group plc has opened the Crowne Plaza Paris Marne-la-Vallée, a 250-room hospitality real estate property in Magny-le-Hongre, France. The renovated hotel sits on 2.5 hectares of landscaped grounds and targets both leisure and corporate demand in one of Europe's busiest tourism corridors.

Linc Housing and National CORE Open 340-Unit Pioneer Village Affordable Community in Glendale
Linc Housing and National CORE have opened Pioneer Village, a 340-apartment affordable housing community at 515 Pioneer Drive in Glendale, California, serving low-income seniors and families. The project, financed through Bank of America construction lending and CalHFA programs, drew more than 7,500 applications for its income-restricted homes.

Verdion and Aviva Investors Launch 24,000-Sq.-M. Second Phase at E20 Park Copenhagen
Verdion and Aviva Investors have launched the second development phase of E20 Park Copenhagen, introducing two new logistics buildings totaling nearly 24,000 square meters south of the Danish capital. CBRE has been appointed leasing agent for the project, which also carries an additional 82,000 square meters available for prelease or built-to-suit delivery.

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.