Ivy P3 Group and Horizon Capital Partners are a step closer to building a $250 million hotel development that will include residences, retail and restaurants at 2516 Maple Ave. in Uptown Dallas.
Pending approval from the full city council later this month, construction on the high-rise could begin in May 2027 with an opening planned for spring 2030. The multimillion-dollar complex will replace the former St. Germain Hotel, a vacant Victorian mansion constructed in 1897.
The residential units will occupy the top 10 levels of the tower while the restaurant and retail spaces will occupy the bottom floors and the remaining levels will house the hotel. The Monclaire Hotel and Residences will feature 65 hotel rooms and suites. Nunzio Marc DeSantis Architect is designing the project.
Ivy P3 Group is a development firm founded in 2018.
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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