Development

Little River District
Affordable HousingDevelopmentFloridaNewsSoutheast

Miami-Dade County Commission Approves $3 Billion Mixed-Use Development

by Channing Hamilton

MIAMI — The Miami-Dade County Commission has granted final approval for Little River District, a $3 billion mixed-use development situated on 63 acres in Miami’s Little River and Little Haiti neighborhoods. SG Holdings — a joint venture between Swerdlow Group, SJM Partners and Alben Duffie — is the developer. Little River District will offer more than 5,700 affordable and workforce housing units, as well as retail, green spaces and transit infrastructure with the addition of a new train station. Construction is slated to begin in 2026, with a projected development …

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Kōz on Alderwood Mall Blvd
DevelopmentNewsWashingtonWestern

Kōz Development, MSquared Open 199-Unit Property in Lynnwood, Washington

by Channing Hamilton

LYNNWOOD, WASH. — Kōz Development and MSquared have opened Kōz on Alderwood Mall Blvd, a mixed-income community located at 301 Alderwood Mall Blvd. in Lynnwood, 17 miles south of Seattle. The property offers 199 studio, one-bedroom and two-bedroom floor plans. Half of the units are reserved for households earning up to 80 percent of the area median income, while the other half are leased at market rate. The $54 million project is situated adjacent to the Lynnwood Transit Center, the northern terminus of the Sound Transit Link rail extension connecting …

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Sean Wolff
DevelopmentNewsPeople NewsTexas

Trammell Crow Hires Sean Wolff as Senior Vice President with High Street Residential

by Channing Hamilton

AUSTIN — Trammell Crow Company (TCC) has hired Sean Wolff as a senior vice president. Wolff will be responsible for sourcing and overseeing new development opportunities for High Street Residential (HSR), the multifamily development subsidiary of TCC. He will report to Brad Maples, managing director and market leader of TCC Austin. Wolff joins HSR from Slate Real Estate Partners in Austin, where he most recently served as a managing director. Wolff has also held positions at Holliday Fenoglio Fowler and Oden Hughes. He received a Bachelor of Arts from The …

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Edgemere Commons A2
DevelopmentNew YorkNewsNortheast

Tishman Speyer to Break Ground on $166 Million Project in Queens

by Channing Hamilton

NEW YORK CITY — TS Communities, the affordable housing platform of Tishman Speyer, is set to break ground on Edgemere Commons A2, a 244-unit affordable housing development in Queens. The community will rise 18 stories at 337 Beach 52nd St. Units will come in studio, one-, two- and three-bedroom floor plans. Edgemere Commons A2 will be affordable for households earning between 40 to 80 percent of the area median income. Additionally, 73 units will be set aside as supportive housing. Social service provider Breaking Ground will operate the supportive housing units. Residents will …

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Reserve at Kingwood East
DevelopmentNewsTexas

Joint Venture Delivers 181-Unit Community Near Houston

by Channing Hamilton

KINGWOOD, TEXAS — High Street Residential, in a joint venture with Japanese homebuilder Daiwa House Group, has completed Reserve at Kingwood East, a 181-unit development in Kingwood, about 27 miles north of Houston. The project, formerly known as Reserve at West Lake, consists of 109 townhomes and 72 apartments. The property represents Phase II of a larger development. The first phase comprised 240 apartments and 49 townhomes and was recently completed in April 2024. Units come in one-, two- and three-bedroom floor plans. The average apartment size is 1,046 square feet, …

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The Winslow
DevelopmentFloridaNewsSoutheast

Partnership Tops Off The Winslow Near Fort Myers, Florida

by Channing Hamilton

NORTH FORT MYERS, FLA. — A partnership between Mast Capital and BLG Capital Advisors has topped off The Winslow in North Fort Myers, about 3 miles across the Caloosahatchee River from Fort Myers, Florida. Located at 13370 Magnolia Oak Circle, The Winslow will offer 320 units housed in three- and four-story apartment buildings. Tenants will have access to indoor amenities such as a fitness center, lounge, entertainment kitchen, marketplace, dog spa and workspace area for residents that are working from home. Outdoor amenities will include a pool, sun deck with outdoor seating and …

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The Elle Apartment Homes
DevelopmentNewsTexas

Koontz Corp. Acquires 9.7-Acre Site for Development in San Antonio

by Channing Hamilton

SAN ANTONIO — Koontz Corp. has bought a 9.7-acre site in San Antonio from The Concordia Group for an undisclosed price. Koontz will develop The Elle Apartment Homes, a 305-unit community, on the land. Lee Jordan of Cavender & Hill Properties represented The Concordia Group in the sale of the land. Koontz represented itself in the deal. The Elle Apartment Homes will be a complex of four-story buildings comprising 264,015 net rentable square feet. The community will offer a mix of one- and two- bedroom apartments. Residents will have access …

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Rylan at Gateway
DevelopmentLeasing & MarketingNewsTexas

Joint Venture Begins Leasing 336-Unit Community Near Dallas

by Channing Hamilton

FORNEY, TEXAS — A joint venture between Legacy Partners and The Resmark Cos. has begun leasing for Rylan at Gateway, a 336-unit community in Forney, about 22 miles east of Dallas. Rylan at Gateway is located at 1205 Gateway Blvd. within Gateway, a 2,000-acre master-planned development. The community consists of five three-story buildings. Apartments come in a mix of studio, one- and two-bedroom layouts and range from 540 to 1,374 square feet. Units feature smart home technology, Wi-Fi connectivity, stainless steel appliances, wood-style flooring and full-size washers and dryers. Select …

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Azola Desert Ridge
ArizonaDevelopmentFinanceNewsWestern

ZOM Living Secures $88 Million in Financing for Project in Phoenix

by Channing Hamilton

PHOENIX — ZOM Living has secured financing for the development of Azola Desert Ridge, a 416-unit community in Phoenix. The funding includes $88 million in construction financing, as well as a joint venture equity investment from Origin Investments. Azola Desert Ridge will offer 416 units across multiple four-story buildings. The garden-style community will feature one-, two- and three-bedroom apartments ranging from 730 to 1,533 square feet. Amenities include a pool and deck, fitness center, dog park, pet grooming salon, glam room, podcast room, individual offices for residents and a self-service market …

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6208 Eighth Ave.
DevelopmentFinanceNew YorkNewsNortheast

S3 Capital Provides $210 Million Construction Loan for Mixed-Use Development in Brooklyn

by Channing Hamilton

NEW YORK CITY — S3 Capital has provided a $210 million construction loan for a 28-story mixed-use project located at 6208 Eighth Ave. in the Sunset Park neighborhood of Brooklyn. Chicago-based Watermark Capital is the project’s sponsor. The company obtained the financing alongside its joint venture partner, Rubin Equities. Once completed, the development will consist of 497 apartment units and 100,000 square feet of retail space. Residents will have access to shared amenities such as a fitness center, rooftop terrace, bike storage, a yoga room, sauna, screening room and coworking spaces. The project is …

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