Development: Page 5
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Spencer Platt via Getty Images
Crane at St. Petersburg condo site collapses during hurricane
The crane fell from the jobsite of 400 Central, a 46-story tower that will reportedly be the tallest residential building on Florida’s Gulf Coast when complete.
By Jennifer Goodman • Oct. 10, 2024 -
Retrieved from Screenshot: Google Maps.
Bank forecloses on Chasen’s office conversion in Baltimore
The developer planned to turn the historic One Calvert Plaza into 173 apartments.
By Leslie Shaver • Oct. 9, 2024 -
Permission granted by Greystar
DEALS + STARTSGreystar joins forces with Merrimack College on 540 student housing beds
The public-private partnership aims to expand the Massachusetts college’s ability to house students on campus.
By Mary Salmonsen • Oct. 4, 2024 -
Courtesy of New York City Housing Authority
The largest multifamily starts of August 2024
Major projects include an affordable renovation in New York City and a racetrack redevelopment in Michigan.
By Mary Salmonsen • Oct. 4, 2024 -
Permission granted by Roundhouse
Q&ARoundhouse bullish on continued growth after 1,500-unit expansion
The Boise, Idaho, developer has made $300 million in acquisitions and $150 million in new groundbreakings this year.
By Mary Salmonsen • Oct. 3, 2024 -
Permission granted by WinnCompanies
PROJECT SPOTLIGHTWinnCompanies opens all-electric property at former Massachusetts mill
The $39 million redevelopment is expected to use 46% less energy and emit 33% fewer greenhouse gases than a traditional structure.
By Mary Salmonsen • Oct. 1, 2024 -
Permission granted by Southern Land Co.
Apartment tower rises in downtown Las Vegas
T.B. Penick & Sons topped off Sin City’s first all-for-rent apartment tower this month.
By Jennifer Goodman • Sept. 27, 2024 -
ribeirorocha via Getty Images
NAHB: Apartment completion time flat in 2023
The construction cycle rose 3.5 days in 2023 after jumping 2.3 months in 2022.
By Leslie Shaver • Sept. 23, 2024 -
Permission granted by PearlX
Sponsored by PearlXFrom costly amenity to revenue asset: Boosting multifamily budgets with energy
Solar amenities can increase multifamily property value with no upfront costs to developers with PearlX.
Sept. 23, 2024 -
Permission granted by U.S. Development
PROJECT SPOTLIGHTU.S. Development completes mixed-use project in Philadelphia’s Fishtown
The industrial-style Frankford Grand opened for leasing on Sept. 18.
By Mary Salmonsen • Sept. 19, 2024 -
ictor via Getty Images
Apartment starts drop 6% YOY
In a sign that supply is burning off, completions in August jumped 80%, while projects under construction fell 15%.
By Leslie Shaver • Sept. 19, 2024 -
LD via Getty Images
Fed cuts rates, but is more needed?
Apartment industry leaders say the central bank’s action had already been baked into the 10-year Treasury.
By Leslie Shaver • Sept. 18, 2024 -
Permission granted by Hoar Construction
PROJECT SPOTLIGHT30-story student housing tower rises from infill lot in Austin
Located near The University of Texas at Austin, MDL Group’s Icon will be open for the 2025 school year.
By Mary Salmonsen • Sept. 18, 2024 -
Permission granted by AvalonBay Communities
Q&AInside AvalonBay’s centralization initiatives
Under the REIT’s neighborhood model, services can be shared for up to 1,500 units.
By Leslie Shaver • Sept. 17, 2024 -
Maudib via Getty Images
Developers look for deals on dirt
Generational property owners are in a position to wait, while those who have recently purchased land may be more motivated to sell.
By Leslie Shaver • Sept. 16, 2024 -
Permission granted by Mast Capital
PROJECT SPOTLIGHTNew Mast Capital Florida property caters to nearby healthcare workers
The Harlow is located next to a new $250 million hospital in Wesley Chapel, Florida.
By Mary Salmonsen • Sept. 11, 2024 -
Joe Raedle via Getty Images
Multifamily permitting drops in urban areas
Higher interest rates and supply chain concerns have taken a toll on apartments, according to the NAHB.
By Mary Salmonsen • Sept. 6, 2024 -
Permission granted by QuadReal Property Grou
DEALS + STARTSCanadian firm buys 4 properties from Lennar’s Quarterra
QuadReal Property Group picked up 1,400 units total in Colorado, North Carolina, Arizona and Maryland.
By Leslie Shaver • Sept. 4, 2024 -
Permission granted by Kolter Urban
The largest multifamily starts of July 2024
Nashville, Tennessee; Buffalo, New York; and Tampa, Florida, have seen the launch of new projects valued at over $250 million each.
By Mary Salmonsen • Sept. 3, 2024 -
Art Wager via Getty Images
Opportunities abound in California despite challenges for developers
Amid hurdles posed by regulatory complexities and shifting market dynamics, many firms remain bullish about the Golden State’s multifamily outlook.
By Keith Loria • Sept. 3, 2024 -
Permission granted by Vero Sade
PROJECT SPOTLIGHTNew Houston developer debuts first ground-up projects in San Antonio
Vero Sade intends to expand its reach across the Sun Belt.
By Mary Salmonsen • Sept. 3, 2024 -
Hunter Pasteur Homes
Deals + Starts: Summer 2024
Firms including Mill Creek, Greystar and Kushner made news in recent months.
By Multifamily Dive Staff • Aug. 29, 2024 -
unkas_photo via Getty Images
Apartment starts increase monthly, but fall YOY
Meanwhile, multifamily completions jumped 50% from last July and the number of units under construction dropped.
By Leslie Shaver • Aug. 27, 2024 -
Retrieved from Stone Martin Homes on August 22, 2024
Alabama home builder launches commercial division
Stone Martin Commercial will work with developers on master-planned communities and small-scale projects.
By Mary Salmonsen • Aug. 23, 2024 -
Permission granted by Core Spaces
DEALS + STARTSCore Spaces underway on student housing in North Carolina
Hub Raleigh is one of Core’s largest projects to date, increasing its portfolio by 5.5%.
By Mary Salmonsen • Aug. 21, 2024
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