Parkspring Multifamily is set to break ground on Commons at Cottonwood Creek, a 372-unit garden-style community in Waco. Located at 2221 Creekview Drive within the Cottonwood Creek master-planned development, the project marks Parkspring’s debut in the Waco market.
Commons at Cottonwood Creek will offer a mix of one- and two-bedroom apartment homes ranging from 754 to 1,028 square feet. Some residences will feature private yards.
Community amenities will include a resident clubhouse with kitchen, coffee bar, pool table, golf simulator, and televisions; a business center with private conference rooms and co-working spaces; a resort-style pool with tanning ledges; a fully equipped athletic club; outdoor kitchen areas; and an on-site dog park.
Construction is expected to begin in May 2025, with the first units slated for delivery in the fourth quarter of 2026. Full project completion is anticipated by the second quarter of 2027.
OHT is the general contractor for the project.
Lincoln Property Company and McCourt Partners have broken ground for ElevenOneEleven, a new mixed-use development in Culver City. The groundbreaking occurred three weeks after Lincoln and McCourt announced $133 million in construction financing from Bank OZK. Set to rise on a vacant parcel, ElevenOneEleven will deliver 344 rental apartments, including 52 affordable units, along with 2,000 square...
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Logisco is stripping back the amenity race with a $60M Quebec City apartment development aimed at renters who would rather pay less each month than fund pools, gyms and other extras. The developer has started construction on 193 apartments at 7075 Wilfrid-Hamel Blvd., the first project under its new Elie rental brand. The 10-storey building...
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Virtus Diversified REIT has purchased a 91-suite retirement residence in Hamilton for $26M, expanding its seniors housing portfolio. The acquisition of Abington Court Retirement Residence at 1500 Main St. E. closed Nov. 3. The independent living property opened in 2005 and added 20 suites in a 2018 expansion. Located west of the Red Hill Valley...
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Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
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