New Construction and Development
Pathfinder Partners and Lanshire Housing Introduce 16-home Bahia Vista II
FOUNTAIN, CO – A Nor’wood Development Group project, in partnership with Griffis/Blessing, Inc., is currently under construction on the highly anticipated expansion of Mesa Ridge Apartments, to fulfill the demand for higher quality apartments in the Fountain area.
Holliday Fenoglio Fowler, L.P. (HFF) announces $47.37 million in joint venture equity for the development of 100 Columbia, a 347-unit, Class A+ high-rise multi-housing community in the Portland CBD.
Working on behalf of developer, Alamo Manhattan, the HFF team arranged a joint venture equity partnership with Diamond Realty Investments.
100 Columbia is located on a 0.92-acre site that spans the block bound by SW Clay Street, SW 1st Avenue, SW Columbia Street and SW 2nd Avenue. The site, which has a WalkScore® of 93, will support what will be the nearest high-rise residential building to the Willamette River in the CBD. The site is also one block from Tom McCall Waterfront Park to the east and Keller Auditorium to the west, and is within three blocks of the CBD’s core job center that is home to more than two million square feet of high-rise office.
Due for completion in 2020, 100 Columbia will include a mix of studio, one- and two-bedroom ultra-luxury units averaging 801 square feet. The 20-story development will feature premium interior finishes and community amenities, including an expansive 15,000-square-foot, sixth-floor amenity terrace and a 20th-floor rooftop resident lounge, which will open onto an observation deck offering unobstructed views of the downtown skyline, Mount Hood and the river. The property will also include a 16th floor rooftop terrace. In addition to the multifamily component, 100 Columbia will incorporate nearly 15,000 square feet of ground-floor retail, which will provide immediate convenience for residents and office employees in the surrounding area.
The HFF equity placement team representing the developer included senior managing director Ira Virden, senior director Mark Erland and director Matt Benson.
Resort-Style Student Housing Planned for Daytona Beach; Mallory & Evans Plans First Development in Florida
Student housing developer Mallory & Evans is planning its first Florida project – Bellamy Daytona. The $26 million community is the firm’s seventh student housing development and its first in the Florida market.
Mill Creek Residential, a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced the start of preleasing at Modera Needham, a luxury apartment community consisting of townhomes and midrise flats in the affluent Boston suburb of Needham.
LMC, a leader in multifamily home development and management, today announced the start of construction of The Bower, a mixed-use apartment community in the emerging Totem Lake neighborhood.
Pulte Homes is excited to announce the debut of its newest townhome community in Lake Nona with Somerset Crossings. Situated close to State Roads 417 and 528 along Lake Nona Boulevard, the community will offer convenience and a high quality of life with prices starting in the mid-$200s. Currently under construction, the community will open to residents this summer.