Mission Development Group and CLX Ventures have started construction on Aspire at Vida, a 300-unit apartment community located on Jaguar Boulevard across from the Texas A&M-San Antonio campus.
The project will include four 3-story buildings on 12 acres within the 600-acre Vida master-planned community developed by Southstar. Plans call for one-, two- and three-bedroom units.
Community amenities include a resort-style pool, clubhouse, lounge, business center, cornhole arena, sand volleyball court, game and arts/crafts room, dog park, bike racks, playground, gazebo with grills, and pet stations. The community is scheduled to open next February.
The South Side accounted for about 45% of residential permits approved last year, with many clustered around the university campus and nearby employment hubs.
In addition to Toyota’s continued investment, British equipment manufacturer JCB’s North American headquarters is also under construction on the South Side.
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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