An agency formed to forward efforts to build a new downtown San Antonio baseball stadium met for the first time. The group, known as the San Pedro Creek Development Authority, can sell bonds to fund the stadium and its adjacent development.
The current AAA San Antonio Missions owners are looking to build a four-phase project.
The San Antonio Business Journal reports the first phase is expected to cost up to $300 million. The most defined project the design of an apartment tower is slated to rise on the western bank of the San Pedro Creek at West Travis Street and North Santa Rosa Street, that could consist of 400 multifamily units.
Immediately south of the ballpark, the development team is planning a mixed-use structure with around 250 apartments and a 160-key hotel.
Both projects are supposed to finish in 2027. The ballpark itself, which is required to be operational in time for the 2028 season, is also in early stages.
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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