Development: Page 19

  • Employees walk in front of a sign outside of the shuttered Silicon Valley Bank headquarters.
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    Justin Sullivan via Getty Images
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    Deep Dive

    4 ways that recent banking failures will impact the multifamily sector

    After the collapse of Silicon Valley Bank and Signature, multifamily borrowers could face challenges finding construction debt and loans from smaller lenders.

    By • April 12, 2023
  • A high-rise apartment building with a slightly twisted shape.
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    Permission granted by Michael Young
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    Q&A

    Curved condo tower opens in Brooklyn’s Dumbo neighborhood

    Thanks to the tower’s twisting sailboat shape, no two floors at Olympia have the same layout.

    By • April 11, 2023
  • A white, mid-rise apartment building with many balconies.
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    Permission granted by 13th Floor Investments
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    DEALS + STARTS

    First residential phase breaks ground at Parks at Delray mixed-use development

    13th Floor Investments and Key International are set to build out 747 units across two phases at the 50-acre project in Delray Beach, Florida.

    By • April 10, 2023
  • A high rise apartment from the ground floor
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    ImageGap via Getty Images
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    Opinion

    Real estate GPs need to get out their defensive playbooks

    A few simple moves can help multifamily and commercial real estate GPs run leaner while positioning them to pounce on emerging opportunities.

    By Michael Harris • April 6, 2023
  • A rendering of a mid-rise apartment building.
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    Permission granted by Hunt Midwest
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    DEALS + STARTS

    Development underway next to medical campus in Kansas City

    The Hudson will replace an older multifamily structure with 228 luxury residential units.

    By • April 5, 2023
  • A rendering of a high-rise apartment building.
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    Permission granted by Lendlease
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    DEALS + STARTS

    Lendlease development to feature New York’s largest multifamily geothermal system

    The 1 Java Street project will be entirely heated and cooled by a vertical closed-loop structure.

    By • April 5, 2023
  • A rendering of the front of a green building at street level.
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    Permission granted by MdeAS Architects
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    NYC’s McGraw-Hill building slated for residential conversion

    The $100 million project will transform the office tower’s upper floors into 224 luxury units, among other improvements.

    By • April 4, 2023
  • Lumber supplies sit on shelves in a construction supply store.
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    kali9/E+ via Getty Images
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    Uncertainty, financing issues causing construction delays

    Material prices are also a problem for multifamily developers but are growing at a much slower pace than a year ago, according to a new NMHC survey.

    By • April 3, 2023
  • Two people on a carousel, smiling in each others' direction.
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    Permission granted by Liane Hentscher/HBO
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    Abandoned mall from ‘The Last of Us’ to gain new life as mixed-use destination

    Northland Village Mall in Calgary, Alberta, will be converted into an open-air shopping center and 229-unit multifamily development.

    By • March 31, 2023
  • A mid-rise apartment building in the middle of a town center.
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    Permission granted by Talos Holdings
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    DEALS + STARTS

    Wellness-focused project breaks ground near Phoenix

    The One at Mountain Vista’s amenities will include licensed life coaches living on site.

    By • March 28, 2023
  • An overhead view of a housing development.
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    Permission granted by Bela Flor
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    Q&A

    Arizona development goes big on EV charging

    The team behind Bella Victoria anticipates that individual chargers will become standard across the industry in the future.

    By • March 24, 2023
  • Brown and white apartment building above a garage with people on the street in the foreground.
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    Permission granted by Alliant Strategic Development
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    Q&A

    Los Angeles developer eyes 10,000 affordable units

    By tweaking tax credit policy, Eddie Lorin thinks legislators can help stimulate more apartment development.

    By • March 23, 2023
  • A rendering of a mid-rise apartment building.
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    Permission granted by Newman Garrison + Partners
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    DEALS + STARTS

    Las Vegas developer expands into Idaho with 2-part project

    Seasons at Meridian from Morgan Stonehill will include 10 apartment buildings inspired by traditional farmhouse design.

    By • March 22, 2023
  • Gray apartment building rendering with trees in the foreground
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    Permission granted by Resia
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    Miami developer laid off 25% of its workforce

    The cuts came at the end of last year as workforce housing producer Resia adjusted its overhead to “new macroeconomic conditions.”

    By • March 22, 2023
  • Crane and building under construction against blue sky
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    unkas_photo via Getty Images
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    Apartment starts up 24%, posting ‘unexpectedly strong month’

    Looking forward, banking volatility could force the Fed to ease interest rate hikes that had been predicted to slow apartment starts.

    By • March 20, 2023
  • A rendering of a multifamily development seen from above.
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    Permission granted by IMERZA
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    DEALS + STARTS

    Mixed-use project breaks ground in Miami’s Wynwood Arts District

    The Wynwood Plaza will feature a landscaped pedestrian thoroughfare by the designers of New York City’s High Line.

    By • March 17, 2023
  • Low angle view of a modern style apartment building, with lots of windows on a sunny, cloudy day
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    Colleen Michaels via Getty Images
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    CBRE: Looming oversupply will be short-lived

    Even with a surplus of multifamily development over the short term, an additional 2.3 million new units will be needed nationwide over the next 10 years, according to a new analysis.

    By • March 15, 2023
  • A rendering of The Junction of Scottsdale, a garden-style apartment community.
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    Permission granted by Mia Rose Holdings
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    DEALS + STARTS

    Developer breaks ground on third community in Northwest Arkansas

    With The Junction of Scottsdale, Mia Rose Holdings has 614 units underway in the region.

    By • March 15, 2023
  • A building with white tags on all of its windows. A piece of construction equipment is parked nearby.
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    Permission granted by Bozzuto Construction
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    Q&A

    How multifamily builders are getting ahead of inflation

    Bozzuto Construction’s newly minted VP advocates for the use of 3D modeling tech to increase efficiency.

    By • March 14, 2023
  • A red construction frame in front of a high-rise building under construction.
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    JARAMA via Getty Images
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    Opinion

    Florida, Southeast poised to lead second-half comeback for developers

    With a few savvy tactics, developers can be ready to benefit from the next round of industry growth, according to a Florida-based Ryan Cos. executive.

    By Jon Paul Bacariza • March 9, 2023
  • The Park + Ford apartment complex
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    Permission granted by Anice Hoachlander Photography/Courtesy Bonstra|Haresign
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    Opinion

    Architect transforms DC-area office into sustainable apartments

    The conversion repurposed a concrete jungle into dwellings embracing indoor-outdoor living.

    By David Haresign, FAIA • March 2, 2023
  • A rendering of a mixed-use development with tall glass towers.
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    Permission granted by Bedrock
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    Developer unveils 1.5M-square-foot mixed-use plan in Detroit

    Cadillac Square will include up to 280 residential units and the revival of the National Theatre.

    By • March 2, 2023
  • A small kitchen in an apartment.
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    onurdongel via Getty Images
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    The average apartment size is shrinking

    Studios and one-bedroom units make up a growing share of deliveries, according to a new study.

    By • March 1, 2023
  • Grey two-story homes with driveways in the foreground.
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    Permission granted by Wolfson Development
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    Q&A

    Are the BTR capital markets coming back?

    Wolfson Development’s CEO thinks investors see safety in single-family rentals, even if the days of 40% rent growth in Florida are over.

    By • March 1, 2023
  • An apartment complex
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    Permission granted by Waterford Bay
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    Communities next to nature

    These seven apartment developments boast easy access to biking, walking and other outdoor recreation opportunities.

    By Robyn Griggs Lawrence • Feb. 24, 2023