Development: Page 24

  • Exterior view of multifamily residential building under construction in Palo Alto
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    Sundry Photography via Getty Images
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    Vacant strip malls could become housing under newly passed California bills

    Millions of homes could be developed on commercial-zoned properties if Gov. Gavin Newsom signs the legislation.

    By Danielle McLean • Aug. 31, 2022
  • The rooftop clubhouse of a modern apartment building.
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    Permission granted by Hunter Kerhardt
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    PROJECT SPOTLIGHT

    New Greystar luxury tower takes design cues from neighboring church

    The $100 million 525 Olive is San Diego's highest residential building, according to the developer.

    By • Aug. 30, 2022
  • A red brick apartment building surrounded by roads.
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    Courtesy of Ryan Cos.
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    DEALS + STARTS

    Ryan Cos. brings 200-unit transit-oriented development to Chicago suburb

    Vyne on Haven in Elmhurst, Illinois, is located near a Metra station.

    By • Aug. 29, 2022
  • A worker carries lumber as he builds a new home
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    Justin Sullivan via Getty Images
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    SFR supply hits all-time highs

    Strong rent increases and occupancies are helping drive new development.

    By • Aug. 26, 2022
  • Overhead view of partially collapsed high-rise building.
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    Joe Raedle via Getty Images
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    NIST continues Champlain Towers condo collapse investigation

    Officials have collected data on more than 600 fragments of the building in Surfside, Florida, including pieces of columns and beams.

    By • Aug. 25, 2022
  • Key in the door lock in front of an apartment living room
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    peterschreiber.media via Getty Images
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    Apartment deliveries hit 50-year high

    New York City passes Dallas in completions as new openings rise around the country.

    By • Aug. 24, 2022
  • Miami Florida's downtown district shot from an altitude of about 1000 feet over the Biscayne Bay during a helicopter photo flight.
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    Art Wager via Getty Images
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    Miami-Dade issues RFP for $10B downtown redevelopment

    County leaders liken the vision for the MetroCenter project to Hudson Yards in New York City and the Salesforce Transit Center in San Francisco.

    By Sebastian Obando • Aug. 22, 2022
  • Four-story red brick apartment property with balconies.
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    Permission granted by Carbon Cos.
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    Q&A

    Migration is only one driver behind strong leasing in Texas

    In leasing 110 apartments in one month at a North Texas property, Carbon Cos. sees residents come from a variety of places.

    By • Aug. 18, 2022
  • A stack of lumber.
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    Credit: Melena-Nsk via Getty Images
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    Lumber prices ride a volatility roller coaster

    Multifamily builders are pre-purchasing and warehousing lumber for future projects as the market remains in flux.

    By • Aug. 17, 2022
  • Skyline of Miami Downtown
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    S_Hoss via Getty Images
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    After Surfside settlement, Terra begins mixed-use project near Miami airport

    The South Florida developer plans to construct 1,200 apartments overall at the CentroCity development.

    By • Aug. 17, 2022
  • Jamestown Square, an apartment building in Kansas City, Missouri.
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    Courtesy of Milhaus
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    DEALS + STARTS

    Milhaus breaks ground on Kansas City, Missouri, apartment building

    The $66.8 million Jamestown Square project will add 226 units in the city center.

    By • Aug. 17, 2022
  • Two people sitting at a table, with only hands visible. One is writing on a pad of paper with a pen.
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    Prostock-Studio via Getty Images
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    Morgan Properties, NewPoint launch affordable housing finance platform

    The NewPoint Impact initiative offers four public-private lending strategies.

    By • Aug. 12, 2022
  • Berwick, Pennsylvania VBC factory
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    Permission granted by Volumetric Building Companies
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    Katerra factory buyer acquires PA facility, targets multifamily construction

    Volumetric Building’s new factory will serve major markets in the Northeast, such as Philadelphia, New York City and Washington, D.C.

    By Sebastian Obando • Aug. 11, 2022
  • A mid-rise modern apartment building.
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    Permission granted by Perseus TDC
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    DEALS + STARTS

    $110M Maryland development aims for NGBS-Gold certification

    The Six by Perseus TDC will feature sustainable building processes and materials, as well as native plantings and electric vehicle charging stations.

    By • Aug. 9, 2022
  • An apartment lobby
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    Permission granted by CRG
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    7 apartment design trends making waves this summer

    From pet spas to work pods to pickleball courts, everything is elevated.

    By Robyn Griggs Lawrence • Aug. 8, 2022
  • A series of tall office buildings.
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    franckreporter via Getty Images
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    Yardi: Office-to-multifamily conversions pose cost, logistical challenges

    Despite predictions earlier in the pandemic, these conversions have proven to be a “slow, niche trend” that largely delivers high-end housing.

    By • Aug. 8, 2022
  • A rendering of an apartment building
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    Permission granted by Dynamik Design
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    Q&A

    What one investment manager looks for in developer partners

    CP Capital’s vice president of investments said choosing which companies to work with — like Greystar and Alliance Residential — is crucial to his firm’s success.

    By • Aug. 5, 2022
  • The top of a brown high-rise apartment building.
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    RoschetzkyIstockPhoto via Getty Images
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    Mid-Atlantic developer EYA adds dedicated multifamily team

    The two hires will manage multiple new development projects to advance the firm’s focus on mixed-use, walkable neighborhoods.

    By • Aug. 5, 2022
  • The lobby of an apartment building.
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    Permission granted by Mary Cook Associates
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    Multifamily design levels up to meet sophisticated tenant expectations

    As apartment residents pay ever-higher rents, they expect more bling for their buck.

    By Robyn Griggs Lawrence • Aug. 4, 2022
  • A rendering of 30 Van Ness in San Francisco.
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    Permission granted by Lendlease/Rendering by Steelblue
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    Lendlease breaks ground on $1.15B San Francisco tower

    The mixed-use 30 Van Ness project represents the firm’s largest investment ever in North America.

    By , Zachary Phillips • Aug. 3, 2022
  • A modern, mid-rise apartment building with a wood and white panel facade.
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    Colleen Michaels via Getty Images
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    To meet demand, US needs 4.3M more apartments by 2035

    The nation lost 4.7 million affordable units between 2015 and 2020, and now faces a 600,000-unit deficit, according to a new study.

    By • Aug. 2, 2022
  • Sen. Raphael Warnock at a podium.
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    Elijah Nouvelag via Getty Images
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    Georgia senator introduces legislation to bolster military housing nationwide

    Raphael Warnock proposed a series of bills to address the Basic Allowance for Housing, increase homeownership and build more homes for service members.

    By • Aug. 2, 2022
  • Two construction workers in reflective vests and blue hard hats stand on scaffolding.
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    Scott Barbour via Getty Images
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    Top 10 US metros for multifamily starts

    Starts in the sector grew by 24% in the first half of 2022, per a new report.

    By Julie Strupp • Aug. 2, 2022
  • Gray apartment building rendering with trees in the foreground
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    Permission granted by Resia
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    Q&A

    Miami developer plans to build 8,000 workforce units a year

    Ernesto Lopes developed a model that relies on repetition, but labor and materials still present challenges.

    By • Aug. 1, 2022
  • Grey, four-story apartment buildings with trees in the foreground.
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    Permission granted by Fountain Residential Partners
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    Q&A

    Demand for student housing surges

    To meet growing enrollments, developers must build in contingencies for interest rate increases and lingering supply chain issues.

    By • July 21, 2022