Creation is days away from starting construction on The Switchyard, a $120 million mixed-use project in Queen Creek. The mixed-use development will include apartments, office space and numerous retailers, 54,000 square feet in all.
The project will be built on town-owned land at the corner of Ellsworth and Ocotillo roads. The Phoenix Business Journal reports Creation won the right to develop the site after the town issued a request for proposal in 2022.
Restaurants such as Postino, Shake Shack and Snooze will be near a 215-unit apartment community and office space.
Creation will work alongside architectural firm GFF Design, LGE Design Build and Horizon Real Estate.
The first phase of the project, which will include the retail, restaurant, and office space, is expected to open in the summer of 2026. The next phase, which will include high-end apartments, will open later.
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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