Development: Page 3

  • Exterior view of multifamily residential building under construction.
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    Sundry Photography via Getty Images
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    Apartment starts fall 9.5%

    Permits for apartments in buildings with five or more units dropped 26.6% in December, showing the continued obstacles developers face with financing.

    By • Jan. 23, 2024
  • A rendering of a mid-rise apartment building.
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    Skidmore, Owings & Merrill

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    DEALS + STARTS

    Chicago developers set to break ground in Fulton Market

    The 220 N. Ada St. development will add 308 units in an expected slow period for new deliveries.

    By • Jan. 23, 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
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    Permission granted by Woods Capital
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    Q&A

    AP exec sees growth in office conversion market

    Adolfson & Peterson’s Will Pender says the firm is seeing a record demand for projects that transform vacant workspaces into housing.

    By • Jan. 23, 2024
  • Cambridge, Massachusetts - Skyline at twilight.
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    Sean Pavone via Getty Images
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    Where land is scarce and housing is costly, some cities are looking up

    Jurisdictions across the country are relaxing zoning laws to allow for taller multifamily construction.

    By Amanda Loudin • Jan. 19, 2024
  • Mid-rise apartment property surrounding a pool.
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    Permission granted by Woodmont Properties
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    Q&A

    New Jersey owner caters to empty nesters

    Woodmont Properties offers flexibility, storage and larger apartments.

    By • Jan. 19, 2024
  • Wood-framed apartment complex under construction
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    Maudib via Getty Images
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    2024 OUTLOOK

    Where rents will go in 2024

    New supply and concessions will be the headline stories in apartment markets this year.

    By • Jan. 17, 2024
  • A living room with a high ceiling.
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    Permission granted by Related Group
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    2024 OUTLOOK

    Top multifamily projects to watch

    These multimillion-dollar developments are some of the largest in the country.

    By • Updated Jan. 17, 2024
  • New single-family homes along a street with trees in the background.
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    Permission granted by ARK Homes For Rent
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    Q&A

    The evolution of build to rent

    As he embarks on a new role as CEO of ARK Homes For Rent, John Isakson sees an opportunity to define the BTR sector.

    By • Jan. 16, 2024
  • An overhead view of an office building.
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    Permission granted by Cushman & Wakefield
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    DEALS + STARTS

    Developer buys $7M Seattle office building for residential conversion

    Queen Anne Plaza will be the city’s first post-pandemic office-to-multifamily project.

    By • Jan. 12, 2024
  • A lobby with tables and chairs.
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    Permission granted by Draper and Kramer
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    2024 OUTLOOK

    Top multifamily design trends for 2024

    Here’s what renters are looking for and designers and developers aim to highlight in the year ahead.

    By • Jan. 10, 2024
  • An overhead view of a university campus
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    Justin Pratt via Getty Images
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    UC Berkeley closes People’s Park construction site

    The future student housing location has been walled off with stacks of shipping containers, according to the university.

    By • Jan. 9, 2024
  • Two-story brown apartment community with grass in the foreground.
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    Permission granted by StarPoint Properties
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    Q&A

    Despite current turbulence, this investor sees hope in Texas

    StarPoint Properties executive lays out three types of buying opportunities for the year ahead.

    By • Jan. 9, 2024
  • Multifamily residential building under construction
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    Sundry Photography via Getty Images
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    2024 OUTLOOK

    4 multifamily trends to watch in 2024

    Apartment operators will see new supply temper rent growth this year, among other challenges.

    By • Jan. 9, 2024
  • A rendering of a row of homes.
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    Permission granted by 13th Floor Homes
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    DEALS + STARTS

    Single-family firm enters build-to-rent space

    13th Floor Homes is underway on two BTR projects in Florida.

    By • Jan. 9, 2024
  • Night time rendering shows four shiny glass towers, with the tallest one in the background, with a massive screen in the foreground.
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    Retrieved from AO Architects on December 22, 2023
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    Tallest building in US proposed for Oklahoma

    The residential skyscraper’s updated design is part of a bigger mixed-use development set to break ground in downtown Oklahoma City.

    By Julie Strupp • Updated Jan. 24, 2024
  • A sign in front of a luxury apartment building
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    Permission granted by Crescent Communiities
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    DEALS + STARTS

    December deals: 2023’s last-minute apartment transactions

    Here’s a roundup of the largest sales that occurred at the tail end of last year.

    By • Jan. 3, 2024
  • A low-rise apartment building with sloped roofs.
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    Permission granted by MBK Rental Living
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    PROJECT SPOTLIGHT

    Pre-leasing begins at Mediterranean-style property in Silicon Valley

    Vida at Morgan Hill will add 389 units to one of California’s most competitive rental markets.

    By • Jan. 2, 2024
  • Crane and building under construction against blue sky
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    unkas_photo via Getty Images
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    Apartment starts drop 33%

    While multifamily developers struggle to get funding, single-family builders see a temporary resurgence.

    By • Jan. 2, 2024
  • A brick apartment building.
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    Permission granted by BNE Real Estate Group
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    PROJECT SPOTLIGHT

    Nature-inspired property takes root in New Jersey suburbs

    Developed by BNE Real Estate, The Ivy offers 245 units within a 50-minute commute to Manhattan.

    By • Dec. 21, 2023
  • An apartment building with a mostly-glass facade, with a strip of greenery cutting through it.
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    Courtesy of One River North
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    PROJECT SPOTLIGHT

    Greenery-covered ‘canyon’ cuts through Denver apartment tower

    With more than 3,000 names on its interest list, One River North stands out for its striking divided design.

    By • Dec. 20, 2023
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    Permission granted by Denholtz Properties
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    Q&A

    NJ property manager takes unique approach to hiring

    Sonya Bryant-Brown’s careful way of vetting prospects has led to very low turnover.

    By • Dec. 19, 2023
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    ImageFiction

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    DEALS + STARTS

    Tishman Speyer prepares to break ground on the first of 2 towers in Jersey City

    55 Hudson and its upcoming second phase will add over 2,000 units total on a new public waterfront plaza.

    By • Dec. 18, 2023
  • A rooftop swimming pool.
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    Permission granted by Courtesy Lennar/Quarterra Group Inc.
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    Lennar looks to sell 11,000 apartments reportedly worth $4.5B total

    The home builder is open to breaking up the portfolio, according to Bloomberg.

    By • Dec. 18, 2023
  • An ornate lobby room with a high, gold-leaf filigree ceiling.
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    Nicholas James Photography

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    Q&A

    Chicago’s Belden-Stratford reopens after extensive renovation

    The transformation of the 100-year-old building happened despite challenges from COVID-19, a lack of lobby space and stringent NRHP requirements.

    By • Dec. 15, 2023
  • A rendering of a residential property
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    Permission granted by Storyliving by Disney
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    Disney unveils plans for second Storyliving community

    Asteria in Chatham County, North Carolina, will include a mix of more than 4,000 multifamily and single-family homes.

    By • Dec. 14, 2023