The Georgetown City Council has given tentative approval to Serenity Ranch, a master-planned community one mile east of I-35 and bordered by the Dry Berry Creek. In addition to 300 multifamily units and 30,000 square feet of commercial space, Serenity Ranch will offer approximately 40 acres of open space and ponds, a 2.9-acre amenity center with a pool and clubhouse, and a 0.7-acre Sunset Garden. Community Impact reports the development will be part of a 112-acre neighborhood in the city’s extraterritorial jurisdiction. A municipal utility district was approved to help fund the infrastructure required to move the project forward.
The developer is Athena Domain. The company has completed or is underway with construction on nearly ten commercial real estate projects in Texas.
The city council will move ahead on a final vote at an upcoming council meeting.
Kadima Developers closed on a $32.5 million construction loan, accelerating its plans to build Seven Park, an 8-story condominium project in Hallandale Beach. S3 Capital Partners was the lender. Carlos Vazquez of Nexos Invest arranged the construction financing. Designed by SKLARchitecture, the 200,000-square-foot development features 121 residences ranging from studios to three-bedroom units, alongside 4,500 square...
Learn more
The Related Group has obtained $176.5 million in financing for an apartment project at the ODP Headquarters site in Boca Raton. It covers the 9.9-acre site at 6600 North Military Trail. Balfour Beatty Construction is the general contractor. The South Florida Business Journal reports that the Broken Sound Residences will be divided into three types...
Learn more
TDK Cos. and Imagine1 Co. plan to build 280 apartment units and some retail space on a 6-acre property near Geodis Park. The company paid $14.9 million for the site, which has a large warehouse that must be razed before development can begin. MSA Investors was the seller. The Nashville Business Journal reports the firms...
Learn moreRe/Max Real Estate Professionals
Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
California