HOLLYWOOD, FLA. — Starlife Group has launched vertical construction on 21 Hollywood, a 13-story mixed-use project located in Hollywood, roughly 20 miles north of Miami, Florida. The complex will feature 200 apartments and 10,000 square feet of ground floor retail space. Amenities will include a business center, coworking spaces, private conference room and a fitness center with a dedicated yoga and Pilates room. Residents will also have access to a children’s play area, dog park and dog spa, dual cinemas and an 85-foot infinity pool that serves as the centerpiece …
Development
GUTTENBERG, N.J. — A joint venture consisting of Black Bear Asset Management, Bettina Equities Management and Echevarria Industries is underway on construction for a 50-unit development in Guttenberg, located across the Hudson River from Manhattan. The site is located at 416 69th St. Once completed, the asset will rise seven stories. Planned amenities include a rooftop terrace, solarium lounge, fitness center, indoor garage parking with electric vehicle charging stations and a community center with grills and entertainment space. Completion is slated for 2028.
AUSTIN, TEXAS — EMBREY has received financing for the construction of a 344-unit project in Austin. Texas-based Frost Bank provided the financing. The community will feature studio, one- and two-bedroom apartments. The first units are scheduled for delivery in the second quarter of 2027, with full completion slated for the second quarter of 2028. Residents will have access to a rooftop pool deck and clubhouse, fitness center, resident lounge with coworking facilities, game room, “grab and go” market, courtyard with a fireplace, outdoor kitchens, gaming lawns and a water feature. …
QUEEN CREEK, ARIZ. — Creation, in partnership with Horizon Real Estate Ltd., has broken ground on The Switchyard, a $120 million mixed-use project in Queen Creek, about 40 miles southeast of Phoenix. The 10-acre project will feature 54,000 square feet of restaurant, retail and office space, as well as a 215-unit apartment community. The development will feature a Postino restaurant and wine café. The restaurant mix will also include Snooze, an A.M. Eatery, a breakfast and brunch restaurant founded in Denver, and a location of modern burger chain Shake Shack. …
The single-family rental (SFR) market, including purpose-built build-to-rent (BTR) communities, is the fastest-growing segment of the U.S. housing market, outpacing both single-family for-sale and multifamily growth in recent years. Although the concept emerged from the Great Recession, when large investors began buying up vacant homes to rent, it has evolved significantly over the past five years, attracting more sophisticated investors and expanding into new markets. Historically, Sun Belt markets, particularly Phoenix, were early adopters of BTR. Recently, however, areas like the Carolinas, Northern Virginia and even Boston have seen a …
DELRAY BEACH, FLA. — ANF has delivered Phase I of Parks at Delray, a 43-acre mixed-use development located at 2100 S. Congress Ave. in Delray Beach, about 5.5 miles south of Fort Lauderdale, Florida. The first phase of Parks at Delray consists of 420 one-, two- and three-bedroom apartments ranging in size from 580 to 1,400 square feet, as well as three-bedroom townhomes ranging in size from 1,670 to 1,770 square feet. At full build-out, Parks at Delray will offer 747 apartments, approximately 10 percent of which will be designated as …
GRETNA, NEB. — Stark Enterprises, in partnership with Stark Living and Arbor Construction, has secured construction financing for Teal Ridge Village, a 244-unit build-to-rent (BTR) project in Gretna, about 22 miles southwest of Omaha, Nebraska. Teal Ridge Village will feature one-, two- and three-bedroom single-level residences on a 43.7-acre site. Each home will offer granite countertops, stainless steel appliances, covered front porches, private patios, walk-in closets and attached two-car garages. Units will also include internet connectivity, cable access and in-unit washer and dryer systems. Residents will have access to amenities …
SACRAMENTO, CALIF. — A partnership between USA Properties Fund and LDK Ventures has delivered The A.J., a $130 million mixed-income project within The Railyards in Sacramento. Located at 251 6th St., The A.J. features 345 apartments, including 69 affordable homes for residents earning 50 percent or less of the area median income. Additionally, The A.J. offers more than 5,000 square feet of ground-level retail space. Residents have access to amenities including a fitness center; pool and spa with cabanas; bike storage area with repair station; pet spa and wash area; …
WACO, TEXAS — Texas-based Parkspring Multifamily will develop Commons at Cottonwood Creek, a 392-unit project within the Cottonwood Creek master-planned development in Waco, which is roughly equidistant from Dallas and Austin, Texas. The community will offer a mix of one- and two-bedroom apartments. Units will range from 754 to 1,028 square feet. Amenities will include a resident clubhouse with a kitchen, coffee bar, pool table, golf simulator and TVs; business center with private conference rooms and coworking spaces; pool with tanning ledges; athletic club; outdoor kitchen areas; and an onsite …
JESSUP, MD. — Soto Architecture & Urban Design, in partnership with Varsity Investment Group, has broken ground on The Residences at Milestone, a 182-unit project in Jessup, just over 15 miles southwest of Baltimore. The project will feature two mid-rise buildings with 103 apartments and 79 three-bedroom townhomes on a 12.2-acre site. Apartments will come in studio and one-bedroom configurations. Townhomes will come in three-bedroom layouts and will feature private garages for added convenience. The property will feature a 5,000-square-foot clubhouse with a gymnasium, multipurpose community room, pet spa and gathering …