Development

  • A white stone apartment balcony.
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    Flats LLC

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    PROJECT SPOTLIGHT

    Chicago developer opens $75M community in San Diego

    The Nash is CedarSt’s first Southern California property and the next step in its West Coast expansion strategy.

    By • July 26, 2024
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    Courtesy of Moris Moreno
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    Wood Partners no longer pursuing West Coast opportunities

    The country's No. 4 developer is committed to completing its current projects in these markets, according to CEO Joe Keough.

    By • July 25, 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
  • The Residences at St. Regis Longboat Key is slated to open in a month.
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    Permission granted by Marriott International
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    Marriott aims to build loyalty with branded residential growth

    The hotel giant has launched an owner recognition program as its branded residential portfolio and pipeline see significant expansion.

    By Jenna Walters • July 23, 2024
  • Picture of new light-colored apartments with a highway and water in the background.
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    Permission granted by Woodfield Development
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    Q&A

    Why Woodfield thinks now is a good time to get shovels in the ground

    The developer sees an opportunity to open new projects in an advantageous market in 2026, according to partner Greg Bonifield.

    By • July 23, 2024
  • An apartment building set against a city skyline.
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    Permission granted by Grand Peaks
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    Grand Peaks to provide rent-free apartments for teachers

    The $270 million Skyline at Highlands is Colorado’s largest multifamily project since 2002.

    By • July 22, 2024
  • Exterior view of multifamily residential building under construction.
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    Sundry Photography via Getty Images
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    Starts increase compared to May

    However, completions jumped as new supply continues to represent a near-term threat.

    By • July 22, 2024
  • A blue and white mid-rise apartment building.
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    Permission granted by Wingspan Development Group
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    PROJECT SPOTLIGHT

    Apartments near University of Tampa feature space-saving furniture

    Niche is 75% leased in the first 100 days since move-ins began.

    By • July 18, 2024
  • An elevated shot of a street lined with high-rise buildings. One person walks across a crosswalk.
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    John Moore/Getty Images via Getty Images
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    Seattle encourages office-to-residential conversions with new law

    The city's mayor said Seattle needs to take advantage of every tool available to fend off a housing shortage as downtown buildings sit empty.

    By Ysabelle Kempe • July 17, 2024
  • A rendering of a mid-rise apartment building.
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    Permission granted by Bolour
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    DEALS + STARTS

    Bolour secures entitlements for development near Dodger Stadium

    The 86-unit project will be located on Sunset Boulevard in Los Angeles.

    By • July 11, 2024
  • Picture of a pool at an apartment property
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    Permission granted by Mill Creek
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    DEALS + STARTS

    Inside Mill Creek’s evolution to a full-service investment management firm

    Although the Florida-based developer made its name in new construction, value-add purchases and structured products will represent a larger part of the business going forward.

    By • July 8, 2024
  • A person in a blue shirt and black pants and shoes wears a surgical face mask and walks past a window. In the window, a sign reads "Retail for Lease."
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    Justin Sullivan/Getty Images via Getty Images
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    5 US cities prime for office-to-residential conversions

    An Urban Institute analysis names the cities that could benefit most from adaptive reuse projects based on office real estate markets and housing supply needs.

    By Ysabelle Kempe • July 2, 2024
  • Construction framing of wood building.
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    ribeirorocha via Getty Images
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    Apartment starts plummet 52%

    Completions for buildings with five or more units rose only 0.8% in May as investors eyed new buildings.

    By • June 25, 2024
  • A rendering of the exterior of a multifamily building.
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    Permission granted by KGD Architecture
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    Clark makes headway on first affordable housing project in Tysons, Virginia

    Amazon is funding $56 million of the project through its housing equity fund.

    By Zachary Phillips • June 24, 2024
  • A rendering of new construction on the Merchant Building in Columbus, Ohio, at night.
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    Retrieved from NAI Ohio Equities on June 13, 2024
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    Merchant Building to add 174 units to downtown Columbus, Ohio

    Gilbane is building the 32-story mixed-use structure, which is scheduled to open in 2026.

    By Matthew Thibault • June 24, 2024
  • A warm colored building with glass balconies overlooks an ocean.
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    Courtesy of Ālia
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    $400M mixed-use building underway in Honolulu

    The 477-unit condo tower, Ālia at 888 Ala Moana, features sustainable design techniques, ocean views and luxury amenities.

    By Julie Strupp • June 21, 2024
  • Ground floor of new, white apartment complex with Soltra Kierland sign.
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    Permission granted by Leon Capital Group
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    Q&A

    Inside a Dallas developer’s plan for 2,000 starts this year

    The president of Leon Capital Group’s multifamily division sees an opportunity to deliver new apartments into rent growth.

    By • June 20, 2024
  • A rendering shows the vision for two residential towers in Beverly Hills, California.
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    Courtesy of Foster + Partners & Kerry Hill Architects
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    Cain International, OKO Group start $5B mixed-use development in California

    Turner Construction will lead site management on One Beverly Hills, which includes two condo towers and an Aman Group hotel.

    By Joe Bousquin • Updated June 24, 2024
  • The development team expects delivery of the first residences in 2026, and the overall master plan to complete over a 10-year period, according to Gotham.
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    Courtesy of Gotham
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    Church kicks off $1B Brooklyn affordable housing project

    The first phase of the Innovative Urban Village includes 376 affordable units and retail and commercial space.

    By Sebastian Obando • June 14, 2024
  • A rendering of an apartment building, with people milling about in front, with green grass on a sunny day.
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    Courtesy of Gilbane Building Co.
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    Gilbane to develop $100M Purdue University dorm project

    The four-story, 213,000-square-foot apartment complex on the college's Fort Wayne, Indiana, campus is part of a public-private partnership.

    By Matthew Thibault • June 13, 2024
  • A waterfront boardwalk with a building on the left side. On the ground level, people are sitting at tables and chairs.
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    Courtesy of Redgate
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    PROJECT SPOTLIGHT

    Redgate’s wellness-focused waterfront apartments start pre-leasing near Boston

    Gibson Point, located in Revere, Massachusetts, will offer spa services, treadmill desks and electric shuttles to the beach.

    By • June 13, 2024
  • A mid-rise apartment building.
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    LMS Architects/Hood Design Studio

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    UC Berkeley cleared to continue student housing project at People’s Park

    The California Supreme Court reversed a ruling that halted construction over resident noise concerns. 

    By • June 12, 2024
  • A rendering of a mid-rise apartment building.
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    Moya Design Partners, Montgomery County Planning Board

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    Developer backs out of apartment project near DC Metro station

    JLB Partners’ recently approved plan in Silver Spring, Maryland, called for 390 apartments over commercial space.

    By • June 10, 2024
  • A park between two apartment buildings, with a farmers' market at the near end.
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    Hunter Pasteur Homes

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    DEALS + STARTS

    Former racetrack makes way for master-plan near Detroit

    The Downs will contain 174 apartments, 53 condos and 245 homes and townhomes at full buildout, plus retail and parking spaces.

    By • June 6, 2024
  • Light colored modern apartment building with a grocery on the ground floor
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    Permission granted by Bozzuto
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    Q&A

    How Bozzuto evaluates new construction projects

    President of development Mike Henehan says the company is looking at location, partners and the overall structure of deals.

    By • June 5, 2024
  • A rendering of a pool deck and oceanfront.
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    Permission granted by 390 Ocean Owner LLC
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    DEALS + STARTS

    Beachfront condos underway on rare Jersey Shore plot

    The 132-unit Atlantic Club in Long Branch, New Jersey, will encompass units ranging from one to five bedrooms and 993 to 4,246 square feet in size.

    By • June 3, 2024