Development: Page 15

  • Gray apartment building rendering with trees in the foreground
    Image attribution tooltip
    Permission granted by Resia
    Image attribution tooltip

    Miami developer laid off 25% of its workforce

    The cuts came at the end of last year as workforce housing producer Resia adjusted its overhead to “new macroeconomic conditions.”

    By • March 22, 2023
  • Crane and building under construction against blue sky
    Image attribution tooltip
    unkas_photo via Getty Images
    Image attribution tooltip

    Apartment starts up 24%, posting ‘unexpectedly strong month’

    Looking forward, banking volatility could force the Fed to ease interest rate hikes that had been predicted to slow apartment starts.

    By • March 20, 2023
  • A block of apartment complexes Explore the Trendline➔
    Image attribution tooltip
    Arturo Rosenow via Getty Images
    Image attribution tooltip
    Trendline

    Top 5 stories from Multifamily Dive

    A roundup of some of Multifamily Dive’s top stories of 2024.

    By Multifamily Dive staff
  • A rendering of a multifamily development seen from above.
    Image attribution tooltip
    Permission granted by IMERZA
    Image attribution tooltip
    DEALS + STARTS

    Mixed-use project breaks ground in Miami’s Wynwood Arts District

    The Wynwood Plaza will feature a landscaped pedestrian thoroughfare by the designers of New York City’s High Line.

    By • March 17, 2023
  • Low angle view of a modern style apartment building, with lots of windows on a sunny, cloudy day
    Image attribution tooltip
    Colleen Michaels via Getty Images
    Image attribution tooltip

    CBRE: Looming oversupply will be short-lived

    Even with a surplus of multifamily development over the short term, an additional 2.3 million new units will be needed nationwide over the next 10 years, according to a new analysis.

    By • March 15, 2023
  • A rendering of The Junction of Scottsdale, a garden-style apartment community.
    Image attribution tooltip
    Permission granted by Mia Rose Holdings
    Image attribution tooltip
    DEALS + STARTS

    Developer breaks ground on third community in Northwest Arkansas

    With The Junction of Scottsdale, Mia Rose Holdings has 614 units underway in the region.

    By • March 15, 2023
  • A building with white tags on all of its windows. A piece of construction equipment is parked nearby.
    Image attribution tooltip
    Permission granted by Bozzuto Construction
    Image attribution tooltip
    Q&A

    How multifamily builders are getting ahead of inflation

    Bozzuto Construction’s newly minted VP advocates for the use of 3D modeling tech to increase efficiency.

    By • March 14, 2023
  • A red construction frame in front of a high-rise building under construction.
    Image attribution tooltip
    JARAMA via Getty Images
    Image attribution tooltip
    Opinion

    Florida, Southeast poised to lead second-half comeback for developers

    With a few savvy tactics, developers can be ready to benefit from the next round of industry growth, according to a Florida-based Ryan Cos. executive.

    By Jon Paul Bacariza • March 9, 2023
  • The Park + Ford apartment complex
    Image attribution tooltip
    Permission granted by Anice Hoachlander Photography/Courtesy Bonstra|Haresign
    Image attribution tooltip
    Opinion

    Architect transforms DC-area office into sustainable apartments

    The conversion repurposed a concrete jungle into dwellings embracing indoor-outdoor living.

    By David Haresign, FAIA • March 2, 2023
  • A rendering of a mixed-use development with tall glass towers.
    Image attribution tooltip
    Permission granted by Bedrock
    Image attribution tooltip

    Developer unveils 1.5M-square-foot mixed-use plan in Detroit

    Cadillac Square will include up to 280 residential units and the revival of the National Theatre.

    By • March 2, 2023
  • A small kitchen in an apartment.
    Image attribution tooltip
    onurdongel via Getty Images
    Image attribution tooltip

    The average apartment size is shrinking

    Studios and one-bedroom units make up a growing share of deliveries, according to a new study.

    By • March 1, 2023
  • Grey two-story homes with driveways in the foreground.
    Image attribution tooltip
    Permission granted by Wolfson Development
    Image attribution tooltip
    Q&A

    Are the BTR capital markets coming back?

    Wolfson Development’s CEO thinks investors see safety in single-family rentals, even if the days of 40% rent growth in Florida are over.

    By • March 1, 2023
  • An apartment complex
    Image attribution tooltip
    Permission granted by Waterford Bay
    Image attribution tooltip

    Communities next to nature

    These seven apartment developments boast easy access to biking, walking and other outdoor recreation opportunities.

    By Robyn Griggs Lawrence • Feb. 24, 2023
  • Biker on a trail
    Image attribution tooltip
    Permission granted by Mill Creek Residential
    Image attribution tooltip

    Trails, open space attract outdoor-loving renters

    Many residents see nature as a premium amenity, making the extra investment and red tape worth it, developers say.

    By Robyn Griggs Lawrence • Feb. 24, 2023
  • Rendering of the planned Penn Station redevelopment
    Image attribution tooltip
    Courtesy of Office of Gov. Kathy Hochul
    Image attribution tooltip

    ‘Impossible to build’: Vornado postpones NYC development

    Flagging demand for office space, high interest rates and unfavorable capital markets have led the REIT to rethink its Penn Station project.

    By Sebastian Obando • Feb. 24, 2023
  • A rendering of a tall glass and steel apartment tower.
    Image attribution tooltip
    Permission granted by Chartwell Hospitality
    Image attribution tooltip
    DEALS + STARTS

    $500M mixed-use plan near Nashville kicks off with 12-story tower

    The Aureum Project in Franklin, Tennessee, will cover 1.75 million square feet at full buildout.

    By • Feb. 23, 2023
  • Headshot of Brian Oates
    Image attribution tooltip
    Permission granted by RangeWater
    Image attribution tooltip

    February 2023 Thought Leaders

    Executives from RailField Partners, KTGY, RangeWater and more talk about their latest challenges and successes.

    By Multifamily Dive Staff • Feb. 23, 2023
  • Street signs for the intersection of Wall St. and Broad St., with the stripes of an American flag in the background.
    Image attribution tooltip
    Michael Santiago/Getty Images via Getty Images
    Image attribution tooltip

    REITS report ‘cautious optimism’

    Multifamily Dive examines each of the major REITs’ most recent earnings report and their outlook for the year to come.

    By • Feb. 22, 2023
  • A row of townhomes backlit against the skyline.
    Image attribution tooltip
    Permission granted by The Bradley Projects
    Image attribution tooltip
    Q&A

    Appealing to the ‘life is short’ demographic

    Architect Jared Bradley shares the features and amenities winning over Nashville’s young renters.

    By • Feb. 21, 2023
  • A pool area with waterfalls, surrounded by palm trees, in the early evening.
    Image attribution tooltip
    Permission granted by Housing Trust Group
    Image attribution tooltip
    PROJECT SPOTLIGHT

    Housing Trust Group opens second upscale community in Phoenix metro

    Aviva – Goodyear in Arizona is 78% leased as of its opening.

    By • Feb. 17, 2023
  • Wall Street sign
    Image attribution tooltip
    kevinjeon00 via Getty Images
    Image attribution tooltip
    REIT Report

    Equity Residential sees positive employment signs amid uncertainty

    The REIT nears the finish line with some centralization initiatives as it works to corral costs.

    By • Feb. 17, 2023
  • An office building in New York City.
    Image attribution tooltip
    franckreporter/E+ via Getty Images
    Image attribution tooltip

    Office-to-residential conversions often hinge on government cooperation

    Adapting offices for residential use is often more difficult, more expensive and less profitable than new construction, one developer said.

    By Dan Rosenbaum • Feb. 15, 2023
  • Low angle view of the Stock Exchange sign on the facade of the New York Stock Exchange on Wall street, Manhattan.
    Image attribution tooltip
    https://www.gettyimages.com/detail/photo/stock-exchange-sign-royalty-free-image/157338910?phrase=wall%20street&adppopup=true via Getty Images
    Image attribution tooltip
    REIT Report

    AvalonBay pushes forward with expansion goals

    On its earnings call last week, the REIT said it sees signs of rent growth heading into spring leasing.

    By • Feb. 15, 2023
  • An artist rendering of a fountain in a park crowded with people walking through the development.
    Image attribution tooltip
    Permission granted by Google
    Image attribution tooltip

    Lendlease reports loss, points to new UK residential defect law

    The Australian developer and contractor is in year two of a five-year course correction, CEO Tony Lombardo said in an earnings call Monday.

    By Zachary Phillips • Feb. 14, 2023
  • People on bicycles in Pittsburgh, PA.
    Image attribution tooltip
    pawel.gaul via Getty Images
    Image attribution tooltip

    Pittsburgh office-to-residential conversion fund begins to accept bids

    The city’s redevelopment agency is accepting applications from developers looking to convert downtown office buildings into affordable housing.

    By Danielle McLean • Feb. 10, 2023
  • The pool deck of an apartment building at sunset.
    Image attribution tooltip
    Permission granted by 13th Floor Investments
    Image attribution tooltip
    PROJECT SPOTLIGHT

    37-story tower adds allure to Miami’s skyline

    The 421-unit Cascade is adjacent to a Metrorail station and The Underline public park.

    By • Feb. 9, 2023