The City of Plano’s Planning and Zoning committee voted to allow Rosewood Property Company to make changes to Heritage Creekside, a 156-acre mixed-use development located at the intersection of Plano Parkway and Alma Drive. The changes allow additional residential, retail, and commercial uses within the development. The item next moves the the city council for approval.
As part of the original adoption of the zoning plan, the Buckley, a 338-unit apartment complex, is nearly completed. Rosewood is using the same team on The Buckley. Hensley, Lamkin, Rachel Inc. serves as the architect. Provident General Contractors will build the project, and Broadway Bank is the lender of record. The company has already completed the 326-unit Ludlow on the site.
The mixed-use district was established in 2014, and development plans have been modified several times since then. Under the recently amended plan, the development would include 2,000 multifamily units at full build-out. A handful of retail buildings have been completed, with over 100,000 square feet expected at buildout.
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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