Development

Ira-D-Hall-Sunnyvale
Affordable HousingCaliforniaDevelopmentNewsWestern

MidPen Housing Completes Ira D. Hall Square in Silicon Valley

by Lynn Peisner

SUNNYVALE, CALIF. — MidPen Housing has completed and opened Ira D. Hall Square in Sunnyvale. The 176-unit property comprises studios, one-, two- and three-bedroom units that are reserved for residents earning up to 30 to 70 percent of area median income, which is approximately $43,170 to $100,730 for a one-person household. Ira D. Hall Square is adjacent to the Lawrence Caltrain Station and is the first development built under the city’s Lawrence Station Area Plan, which calls for a mixed-use district around the transit hub. MidPen Property Management manages the …

Continue Reading
0 FacebookTwitterLinkedinEmail
2185-Coyle-Street-Brooklyn
Affordable HousingDevelopmentInvestment SalesNew YorkNewsNortheast

Gilbane Buys Development Site in Brooklyn for $37M

by Lynn Peisner

BROOKLYN, N.Y. — Gilbane Development has acquired a mixed-use development site at 2185 Coyle St. in the Sheepshead Bay neighborhood of Brooklyn for $37 million. The 96,000-square-foot lot can support 408,400 square feet of commercial space. The seller was a joint venture between AAG Management and ABS Partners. Ariel Property Advisors, led by Victor Sozio, Michael A. Tortorici, Sean R. Kelly, Shimon Shkury and Remi Mandell, arranged the sale. Gilbane is planning an affordable housing project on the site. Details on this upcoming project have not been disclosed. Gilbane, in …

Continue Reading
0 FacebookTwitterLinkedinEmail
Villas-at-Viera-Florida
Build-to-RentDevelopmentFloridaNewsSoutheast

Capstone, CBI Break Ground on Build-to-Rent Development in Viera, Florida

by Lynn Peisner

MELBOURNE, FLA. — Capstone Communities has secured financing and begun construction of The Villas at Viera, a 275-unit build-to-rent development in the master-planned Viera community in Brevard County, about 50 miles southeast of Orlando. Capstone Communities is the developer, and CBI Construction is the general contractor. Capstone Properties is overseeing property management. Fifth Dimension Architecture & Interiors is serving as project architect. Villas at Viera is situated on an 18.4-acre parcel and will comprise two four-story apartment buildings, duplexes, carriage houses and cottage-style residences. Amenities will include a clubhouse and …

Continue Reading
0 FacebookTwitterLinkedinEmail
The-Waylon-Austin
Architecture & DesignDevelopmentNewsTexas

KTGY, Riverside Open The Waylon in North Austin

by Lynn Peisner

AUSTIN, TEXAS — Architect KTGY and locally based developer Riverside have completed and opened The Waylon, a 300-unit, five-story community in North Austin. The interior designer was Vida Design and Nudge Design was the landscape architect. Amenities include a pool, sky lounge and deck, coworking space, a fitness center with a yoga room and a dog run. The property was developed on a former surface parking lot for an exisiting office property. KTGY is headquartered in Irvine, California and operates offices throughout the United States.

Continue Reading
0 FacebookTwitterLinkedinEmail
Central-at-the-Horizon-Fargo
Affordable HousingDevelopmentMidwestNewsNorth Dakota

The Annex Group to Develop Affordable Housing Community in Fargo, North Dakota

by Lynn Peisner

FARGO, N.D. — The Annex Group has announced plans for Central at the Horizon, a ground-up affordable housing development at 11 12th St. North in Fargo. The 262 one-, two- and three-bedroom units will be reserved for households earning up to 60 percent of area median income. Central at the Horizon will consist of four stories above a one-story parking garage. Amenities will include community, fitness and business centers, a playground and a picnic area. The architect is BVH Architecture. Multiple stakeholders are funding the project. The North Dakota Housing …

Continue Reading
0 FacebookTwitterLinkedinEmail
The-Aurelian-Coral-Gables
DevelopmentFinanceFloridaNewsSoutheast

Pearlmark Provides $81M Construction Loan for The Aurelian in Coral Gables, Florida

by Lynn Peisner

CORAL GABLES, FLA. — Empira Group has obtained an $81 million construction loan to develop The Aurelian, a 160-unit luxury project underway at 114 Calabria Ave. in Coral Gables. Pearlmark was the lender, and CBRE’s Charles Crapse and Denny St. Germain arranged the financing. Behar Font is the architect, and Ortega Construction is the general contractor. The one- and two-bedroom apartments will be complemented by a resort-style pool, fitness center with dedicated yoga studio, coworking areas, a lounge, electric vehicle charging station and a pet grooming suite. Completion is slated …

Continue Reading
0 FacebookTwitterLinkedinEmail
Central-at-Old-Southside-Indianapolis
Affordable HousingDevelopmentIndianaMidwestNews

The Annex Group Breaks Ground on $71M Indianapolis Affordable Housing Community

by Lynn Peisner

INDIANAPOLIS — The Annex Group has broken ground on Central at Old Southside, a 227-unit affordable housing community in Indianapolis. The development team behind the $71 million project includes BVH Architecture, nonprofit partner Impact Housing Indiana, permanent lender Merchants Capital and Bank of America, serving as investor and construction lender. Central at Old Southside is situated on approximately 6 acres and will comprise one-, two- and three-bedroom units reserved for households earning between 50 and 60 percent of the area median income (AMI). Amenities for Central at Old Southside will …

Continue Reading
0 FacebookTwitterLinkedinEmail
1920-Turnbull-Bronx
Affordable HousingDevelopmentNew YorkNewsNortheast

Gilbane Breaks Ground on $175M First Phase of Affordable Housing Development in The Bronx

by Lynn Peisner

BRONX, N.Y. — Gilbane, in partnership with Strada Development and the Center for Urban Community Services (CUCS), has broken ground on 1920 Turnbull, a $175 million affordable housing development at 1920 Turnbull Ave. in the Castle Hill/Soundview neighborhood of the Bronx. The project consists of a 22-story building with 228 apartments, including 137 permanent supportive housing units for formerly homeless individuals and families. Remaining units will be restricted to households earning up to 60 percent of area median income. The community will also include a 24-hour staffed lobby, outdoor recreation …

Continue Reading
0 FacebookTwitterLinkedinEmail
2201-3rd-Ave-NYC
DevelopmentFinanceNew YorkNewsNortheast

Bravo Property Trust Provides $80M Construction Loan for Developer of East Harlem Tower

by Lynn Peisner

NEW YORK CITY — Bravo Property Trust has provided an $80 million bridge construction loan to Glowstone Group for the development of a 22-story mixed-use building with 194 apartments in East Harlem. Located at 2201 3rd Ave., the project will include 12 studios, 103 one-bedroom and 79 two-bedroom units on floors two through 22. The ground floor will feature two retail spaces totaling approximately 4,510 square feet plus a separate community facility space. Amenities include a gym, coworking space, children’s playroom, pet spa, library, lounge, bike storage, package room, upper-level …

Continue Reading
0 FacebookTwitterLinkedinEmail
PHP-Phildadelphia
DevelopmentInvestment SalesNewsNortheastPennsylvania

Agent PHL Brokers Development Site Sale in Philadelphia Historic District

by Lynn Peisner

PHILADELPHIA — Agent PHL has brokered the sale of 1523-29 Wallace Street, an urban infill assemblage, comprising three lots, in the Fairmount/Spring Garden historic district of Philadelphia. The seller was an unnamed estate, and the buyer was locally based private equity firm Khosla Properties, which is planning to develop a four-story, 27-unit multifamily property, primarily comprising two-bedroom, two-bathroom floor plans. The site was previously used as a parking lot. A development timeline was not disclosed.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2026 France Publications, dba France Media Inc.