Development: Page 2

  • An apartment with a kitchen next to a bed and a sofa.
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    Permission granted by Riaz Capital
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    Hotel conversions take top spot in adaptive reuse

    Over 151,000 units converted from other building uses are in progress across the country — of which 34,000 are coming from hospitality.

    By • May 31, 2024
  • A plaza surrounded by tall buildings.
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    Colin Miller

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    PROJECT SPOTLIGHT

    Philadelphia redevelopment exudes Scandinavian vibe

    Piazza Alta is the latest apartment complex in a former industrial center in the city’s Northern Liberties neighborhood.

    By • Updated June 12, 2024
  • The United States, Capitol Dome background in retro style Explore the Trendline➔
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    YayaErnst via Getty Images
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    Trendline

    Multifamily Legislation

    Apartment pros are keeping an eye on potential regulations such as the Choice in Affordable Housing Act, the YIMBY Act and state and local rent control measures.

    By Multifamily Dive staff
  • A rendering of a skyscraper overlooking a park in a city.
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    Courtesy of Extell
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    Lendlease to exit international construction, development

    Citing a prolonged market downturn, the Australian company is pivoting to focus solely on domestic work.

    By Zachary Phillips • May 28, 2024
  • Lounge area with chairs
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    Permission granted by AvalonBay Communities
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    Q&A

    Inside AvalonBay’s strategy to woo residents who work from home

    The REIT has redesigned dining spaces, bedrooms, common areas and even operations to accommodate renters who work remotely.

    By • May 28, 2024
  • A mid-rise apartment building.
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    Courtesy of Flournoy Development
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    Flournoy launches new high-end multifamily brand

    Ellison by Flournoy has seven projects in development, many of them in the Southeast.

    By • May 28, 2024
  • A building with vegetation growing along the sides.
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    _ultraforma_ via Getty Images
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    Sustainability is a ‘differentiator’ for multifamily developers

    With regulations and incentives now widespread, experts encourage looking at energy-efficient features with an entrepreneurial lens.

    By • May 23, 2024
  • The Wall Street sign in the Financial District of Lower Manhattan in New York City.
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    hapabapa via Getty Images
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    REITs beat expectations in Q1

    Strong occupancy and resident retention set the stage for outperformance.

    By • May 23, 2024
  • Multifamily residential building under construction
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    Sundry Photography via Getty Images
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    Apartment starts continue to drop

    Permits also fell during April, while completions rose 18%.

    By • May 22, 2024
  • Tables and chairs among greenery on a rooftop.
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    Salvi Media

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    Consumer interest in wellness has reached a critical mass

    Health-focused features drive value and revenue at multifamily properties, according to speakers at the Wellness Real Estate and Communities Symposium.

    By • May 21, 2024
  • A neighborhood of single-family homes.
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    Bilanol via Getty Images
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    The top 10 residential builders of 2024

    Even with high interest rates, most of the country’s top home builders have held steady or improved their closing numbers, according to Builder magazine’s annual ranking.

    By • May 20, 2024
  • A mid-rise apartment building with a mural on the front, next to a street.
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    Courtesy of Bolour
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    DEALS + STARTS

    Grubb plans 3 retail redevelopments in Southern California

    The Los Angeles properties, formerly a Dollar Tree, a movie theater and other retail storefronts, will deliver a total of 375 new apartments.

    By • May 9, 2024
  • The hallway of a home with white walls, with a thermostat that reads "70" on the wall. Above it is a panel that reads "Year-Round Comfort & Savings."
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    Dylan Slagle, BGE

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    EPA launches new Energy Star residential standard

    The Energy Star NextGen Certification for New Homes and Apartments builds on the foundation set by the existing program.

    By • May 9, 2024
  • Workers in front of heavy equipment stand with a beam that reads "Barton Malow" on top of a tall building.
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    Courtesy of Barton Malow
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    $1.4B Detroit mixed-use tower tops out

    The 685-foot-tall skyscraper is the city’s first in decades, and its second-tallest building.

    By Matthew Thibault • May 8, 2024
  • A rendering provides an aerial view of modern buildings and an entertainment venue.
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    Courtesy of SED Development, JMA Ventures, Machete Group.
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    $500M mixed-use project coming to downtown Orlando

    The development, adjacent to the Orlando Magic’s arena, includes a hotel, housing and an entertainment venue and is set to break ground this year.

    By Zachary Phillips • April 26, 2024
  • A detached single-family home.
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    Permission granted by Greystar
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    Q&A

    Greystar eyes build-to-rent expansion

    The multifamily giant has 4,500 BTR homes in development and 2,000 more in the planning stages.

    By • April 26, 2024
  • A rendering of a large building, covered in windows on the exterior, lit up at night.
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    Courtesy of Swinerton
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    Swinerton deploys tech on $98M North Carolina mixed-use mass timber build

    The builder attached 3D modeling devices on workers’ helmets to collect data for virtual twins, documentation, reference and planning.

    By Matthew Thibault • April 25, 2024
  • Headshot of Helena Finley
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    Permission granted by Embrey
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    Q&A

    Embrey exec encourages women to consider a career in building

    Helena P. Finley is currently leading the construction of 20 projects in eight regions for the San Antonio-based firm.

    By • April 23, 2024
  • A set of low-rise buildings and a central one-story building with a car in front of it.
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    Permission granted by Mast Capital
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    DEALS + STARTS

    Mast Capital starts 320 units in high-growth Florida market

    Hancock Bridge Square is set to take advantage of rapidly rising rents in Fort Myers.

    By • April 23, 2024
  • Wood-framed apartment complex under construction
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    Maudib via Getty Images
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    Apartment starts fall more than 43%

    Completions rose 4.6% as developers added more than 500,000 units in March.

    By • April 23, 2024
  • A mid-rise apartment building.
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    Permission granted by Value Cos.
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    EXECUTIVE MOVES

    Value Cos. names Matthew Mirman executive vice president

    The former sports betting VP will focus on the New Jersey multifamily owner’s portfolio expansion and third-party management affiliate.

    By • April 19, 2024
  • New apartment community with a pool in the foreground.
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    Permission granted by Summit Contracting Group
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    Q&A

    The country’s top apartment builder says higher prices are here to stay

    Summit Contracting Group’s Marc Padgett sees business picking up, but says that construction costs remain stubborn.

    By • April 19, 2024
  • A sunset view of a tall glass skyscraper.
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    Permission granted by Behring Cos.
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    PROJECT SPOTLIGHT

    Tech-focused apartment tower set to open in Oakland

    Managed by Bozzuto, 1900 Broadway will offer office space, coworking options, a fleet of Teslas and amenity access through an integrated mobile app.

    By • April 17, 2024
  • A rendering of a mid-rise apartment building.
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    Permission granted by Halstead
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    Q&A

    Upcoming 325-unit property spotlights artistry in Huntsville, Alabama

    Bordering two historic districts, Stella at Five Points is positioned to take advantage of a changing market.

    By • April 12, 2024
  • New four-story, brown-and-white apartment property with a street and cars in the foreground.
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    Permission granted by Summit Contracting Group
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    Greystar, Summit Contracting take top spots on construction lists

    Mill Creek Residential and Trammell Crow Residential moved up to the No. 2 and No. 3 spots on the developer chart.

    By • April 10, 2024
  • An above-ground train snakes through buildings in an urban downtown
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    AlbertPego via Getty Images
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    How to ease the path to transit-oriented housing development

    Public transportation agencies “just [don’t] have the land resources on hand to make it feasible,” said the author of a recent Urban Institute analysis.

    By Kalena Thomhave • April 9, 2024