Development: Page 5

  • Wood-framed apartment complex under construction
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    Maudib via Getty Images
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    Apartment starts fall more than 43%

    Completions rose 4.6% as developers added more than 500,000 units in March.

    By • April 23, 2024
  • A mid-rise apartment building.
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    Permission granted by Value Cos.
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    EXECUTIVE MOVES

    Value Cos. names Matthew Mirman executive vice president

    The former sports betting VP will focus on the New Jersey multifamily owner’s portfolio expansion and third-party management affiliate.

    By • April 19, 2024
  • A block of apartment complexes Explore the Trendline➔
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    Arturo Rosenow via Getty Images
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    Trendline

    Top 5 stories from Multifamily Dive

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

    By Multifamily Dive staff
  • New apartment community with a pool in the foreground.
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    Permission granted by Summit Contracting Group
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    Q&A

    The country’s top apartment builder says higher prices are here to stay

    Summit Contracting Group’s Marc Padgett sees business picking up, but says that construction costs remain stubborn.

    By • April 19, 2024
  • A sunset view of a tall glass skyscraper.
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    Permission granted by Behring Cos.
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    PROJECT SPOTLIGHT

    Tech-focused apartment tower set to open in Oakland

    Managed by Bozzuto, 1900 Broadway will offer office space, coworking options, a fleet of Teslas and amenity access through an integrated mobile app.

    By • April 17, 2024
  • A rendering of a mid-rise apartment building.
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    Permission granted by Halstead
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    Q&A

    Upcoming 325-unit property spotlights artistry in Huntsville, Alabama

    Bordering two historic districts, Stella at Five Points is positioned to take advantage of a changing market.

    By • April 12, 2024
  • New four-story, brown-and-white apartment property with a street and cars in the foreground.
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    Permission granted by Summit Contracting Group
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    Greystar, Summit Contracting take top spots on construction lists

    Mill Creek Residential and Trammell Crow Residential moved up to the No. 2 and No. 3 spots on the developer chart.

    By • April 10, 2024
  • An above-ground train snakes through buildings in an urban downtown
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    AlbertPego via Getty Images
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    How to ease the path to transit-oriented housing development

    Public transportation agencies “just [don’t] have the land resources on hand to make it feasible,” said the author of a recent Urban Institute analysis.

    By Kalena Thomhave • April 9, 2024
  • A modern, high-rise apartment building with balconies and glass walls.
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    Permission granted by Mike Kelley
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    Greystar takes the top spot on owners’, managers’ and developers’ lists

    Asset Living and RPM Living are No. 2 and No. 3 respectively on the managers’ list, while MAA and Morgan Properties hold the same spots on the owners’ list.

    By • April 8, 2024
  • The top of a tall glass building, with balconies.
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    Permission granted by Related Midwest
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    DEALS + STARTS

    Related Group starts $500M tower on Chicago waterfront

    400 Lake Shore will replace the abandoned Chicago Spire project with two residential buildings and a new public park.

    By • April 5, 2024
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    City of Chicago

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    Design firm rolls out conversion scorecard

    Lamar Johnson Collaborative rates potential adaptive reuse sites based on incentives, building form and function, location and reputation.

    By • April 4, 2024
  • A tall apartment tower.
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    Permission granted by Merrimac Ventures
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    DEALS + STARTS

    Sold-out condo tower underway at $6B Miami Worldcenter

    The 606-unit 600 Miami Worldcenter touts the potential use of its units as short-term rentals.

    By • April 2, 2024
  • Light-coloroed high rise with balconies.
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    Permission granted by KMA Design Studio
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    Deals + Starts: March 2024

    Landmark, Venterra Realty, Centerspace and others were in the news this month.

    By Multifamily Dive Staff • March 28, 2024
  • A room with tables, couches, and a kitchen area.
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    Permission granted by Riaz Capital
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    PROJECT SPOTLIGHT

    Riaz Capital turns Oakland hotel into art-infused workforce housing

    The ArtHaus Jack London features murals across the exterior, including one designed by an 11-year-old artist.

    By • March 27, 2024
  • A five-story residential building at night.
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    Permission granted by Ankrom Moisan
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    PROJECT SPOTLIGHT

    New California property mixes traditional elements, modern design

    Located in San Jose’s Japantown neighborhood, Sixth and Jackson aims to preserve the area’s history — and displays archaeological relics found on site. 

    By • Updated March 26, 2024
  • Detroit, Michigan, USA downtown skyline from above at dusk.
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    Sean Pavone via Getty Images
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    $1.5B Detroit mixed-use project delayed

    District Detroit, developed by the Related Cos. and Olympia Development of Michigan, was initially scheduled to start construction last summer.

    By Matthew Thibault • March 20, 2024
  • A lounge and bar area.
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    Permission granted by Mary Cook Associates
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    Properties serve up creative food, beverage offerings

    Concepts include drinks on tap, grab-and-go markets and bar spaces open to the public.

    By • Updated March 21, 2024
  • Brown residential buildings with blue sky
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    Arturo Rosenow via Getty Images
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    Multifamily logs biggest jump in distress in 18 months

    The sector’s 80 bps increase was higher than any other commercial real estate segment.

    By • March 18, 2024
  • A building surrounding a pool.
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    Permission granted by Venterra Realty
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    DEALS + STARTS

    Venterra Realty joins 3,200-acre master-plan near Houston

    The developer’s Camber Ridge is one of two multifamily properties at Cross Creek Ranch.

    By • March 15, 2024
  • A rendering of a mid-rise apartment building.
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    Permission granted by Hartz Mountain Industries
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    PROJECT SPOTLIGHT

    Hoboken Point caters to NYC-area ‘hybrid’ professionals

    The Weehawken, New Jersey, property that will be managed by Greystar includes a 5,200-square-foot coworking center.

    By • March 12, 2024
  • Light colored, detached home with sidewalk, driveway and grass in the foreground.
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    Permission granted by Shoreham Capital
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    Shoreham Capital sells SFR community near Orlando, Florida

    The developer went under contract over two years ago with a state pension fund for the 175-home community.

    By • March 12, 2024
  • A lobby with a bar.
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    Permission granted by Baker Barrios Architects
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    PROJECT SPOTLIGHT

    New Florida apartment designed as a ‘neighborhood social hub’

    Society Orlando’s common areas include a 50,000-square-foot pool deck and a lobby with a public bar.

    By • March 7, 2024
  • Apartment building under construction surrounded by high rises.
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    Joe Raedle via Getty Images
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    Multifamily developer confidence remains negative

    Tight lending standards and high loan costs have put pressure on the industry.

    By • March 4, 2024
  • A rendering of an apartment property.
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    Permission granted by Landmark Properties
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    DEALS + STARTS

    Landmark breaks ground on 1,286 beds near University of Southern California

    The Standard at Los Angeles is the developer’s second student housing project in the city.

    By • March 1, 2024
  • Multi-colored, modern mid-rise apartments.
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    Permission granted by JPI
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    Deals + Starts: February 2024

    Fifield, Universe Holdings, Moinian Group, JPI and others were in the news this month.

    By Multifamily Dive Staff • March 1, 2024
  • A high-rise condo building.
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    Permission granted by Structured Development
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    PROJECT SPOTLIGHT

    Structured Development completes multiphase project in Chicago’s Lincoln Park

    Wendelin Park encompasses three types of properties: co-living, affordable-rate for-sale condos and market-rate rentals.

    By • March 1, 2024