Jamestown and New York Life are working together on plans for an entertainment destination at the old North Point Mall, anchored by a 20,000-seat hockey arena. Regarding the hockey arena, the developers hope to attract the National Hockey League’s attention. The league hasn’t had a team in the area since the Thrashers relocated in 2011.
The plan calls for a 20,000-seat arena, joined by a 4,000-seat music hall and performing arts center, a 2,000-seat community hockey rink, a 500-seat movie theater, a 45,000-square-foot conference center, and several hotels.
In addition to the entertainment venues, the site would be filled with 907,000 square feet of retail and dining space, 750,000 square feet of office space, 1,385 apartments and more than 16 acres of publicly accessible parks, plazas and multi-use trails.
New York Life took control of the mall in 2021 through a deed-in-lieu of foreclosure. The company recruited Jamestown to head up the mall redevelopment.
HSL Properties paid $31.85 million for the Luma Apartments, a 180-unit project at 2600 W. Ina in Tucson, according to Real Estate Daily News. The sale comes out to just over $175,000 per unit. The seller was Village at The Foothills Owner LLC, of Beverly Hills, California, which can be traced to MC Residential in...
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ARCTRUST Private Capital and Edison Equity Residential broke ground on Serenova at Dripping Springs, a 175-residence, 55+ age-restricted community in Dripping Springs, Texas. The groundbreaking follows the August closing of the project’s construction loan, provided by North River Partners. This project follows the duo’s effort on Serenova at Woodforest, which broke ground in October 2025. Located adjacent to...
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An RK Investors-led team obtained an $81 million construction loan for Sutherland at Piper Glen, a 299-unit multifamily development underway in Charlotte’s Piper Glen neighborhood. The financing was provided by Western-Southern Life Insurance Company. The financing was arranged by Nate Sittema, Kristen Reilley and Elliott Voreis with CBRE’s Debt & Structured Finance team. Currently under...
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