National real estate company Fairstead recently celebrated the topping out of the $120 million Samuel Madden Homes redevelopment project in Alexandria, Virginia. Created in partnership with Harkins, the Alexandria Redevelopment and Housing Authority and The Communities Group, the six-story, 295,000-square-foot mixed-use project will feature 207 affordable housing residences for residents earning between 30% and 80%...
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WinnCompanies and development partner Arch Communities have completed The Eastwalk, a 56-unit, transit-oriented, mixed-income development in Braintree, MA. The $47-million project was built on the long-vacant location of the Braintree Electric Light Department power plant. Federal, state and local officials joined WinnCompanies executives for a tour of the five-story community, which offers a range of...
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Walker & Dunlop, Inc. has arranged $203,500,000 in construction financing for the development of 50 Third Ave., a 184-unit mixed-use multifamily development with 12,529 square feet of ground-floor retail at the crossroads of 11th Street and Third Avenue in Manhattan’s East Village. A Walker & Dunlop Capital Markets Institutional Advisory team of Aaron Appel, Keith...
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High Street Residential, the residential subsidiary of Trammell Crow Company, has broken ground on a 435-unit Class A multifamily community in Dallas, Texas. Developed in partnership with Acram Group as co-general partners, and with Parse Capital providing preferred equity, the project will transform a former office site into a mixed-income residential community. Completion of the...
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Haven Housing, the affordable and multifamily housing platform of BH Properties, has acquired The Evergrove at Crystal Village, a 346-unit, Class-A, garden-style apartment community in Leander. LMF Construction was the contractor. Located at 2090 Raider Way at the corner of 183A and Crystal Falls Parkway, The Evergrove was completed in 2024 and is located within...
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Kolter Urban submitted a site plan application in St. Petersburg that outlines two 44-story condominium towers to be built where the Hilton St. Petersburg Bayfront (shown) stands today. The $325 million redevelopment of the hotel property at 333 1st Street South calls for 325 condo units, 17,988 square feet of commercial space, and a 519-space...
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Aimco is moving ahead with FIVESIXTY Waterfront Residences + Club, a luxury waterfront residential property located in Miami’s Edgewater neighborhood. Rents range from $15,000 to over $25,000. The tower will include a total of 114 residences. FIVESIXTY’s three- and four-bedroom residences will range from approximately 2,300 to 3,000 square feet. Initial occupancy is slated for the...
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Atlanta Housing has broken ground on Ariel Place at Bowen, the second phase of an extensive redevelopment program located off present-day Donald Lee Hollowell Parkway. The site, which was once run-down public housing, will now include several phases that will provide new affordable housing. Atlanta Housing is working with The Benoit Group and McCormack Baron...
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