NewNoteworthyMain
Fall 2024 Issue

New & Noteworthy Projects

FireFlyPark

3.4 million sq. ft.
Wilks Development and Frisco Economic Development Corporation broke ground on phase one of construction for Firefly Park, a 242-acre mixed-use, master-planned development in Frisco, Texas, near the PGA of America Headquarters and Omni PGA Frisco Resort. The development will ultimately feature 3 million square feet of Class A office space; 400,000 square feet of upscale retail, dining and entertainment; 1,200 hotel rooms; 230 townhomes; and 1,970 midrise and high-rise residential units. The heart of the development will be a 45-acre park and open space featuring a chain of lakes, an illuminated and immersive outdoor art walk, and miles of trails.

NorthLoopGreen

1 million sq. ft.
Kraus-Anderson completed construction on North Loop Green, a mixed-use development located next to Target Field in downtown Minneapolis. Developed by Hines and designed by ESG Architects, the 1-million-gross-square-foot development consists of a 34-story, 449-unit residential tower; a 14-story, 365,000-square-foot office building; and a 471-stall, 225,439-square-foot parking garage with EV car-charging stations. The project is pursuing a LEED Silver designation. The 442,787-square-foot residential tower features a 1-acre park known as The Green, along with Sky Lounge views overlooking the Minneapolis skyline, Target Field and the Mississippi River. 

Brickyards

909,553 sq. ft.
Martens Development broke ground on Brickyards on Ellsworth, a Class A industrial development totaling 909,553 square feet in Mesa, Arizona. Building sizes for the eight-building project will range from 250,000 square feet down to 35,000 square feet. FCL Builders is serving as the general contractor. The project is in the Pecos Advanced Manufacturing Zone and near the SRP 69kV transmission line, ensuring ample power availability. The 60-acre development is also in a city of Mesa Foreign Trade Zone, which reduces or defers tariffs and duties on products produced there and can reduce property taxes for qualified users.

CastingsCommerce

862,000 sq. ft.
Ware Malcomb announced the completion of Castings Commerce Park, a three-building speculative industrial park on the site of the former Columbus Castings steel foundry in Columbus, Ohio. Ware Malcomb provided architecture and interior design services for the buildings, encompassing 599,040, 148,720 and 114,400 square feet, respectively, and with capacity for 171 loading positions. Once the largest steel foundry in North America, the 71-acre site was redeveloped by its new owner, Stonemont Financial, a private real estate investment firm. The park is designed for various uses, from logistics to manufacturing, and includes speculative office space. Alston Construction provided general contracting services. Photo: Fluff Studios 

SouthLake

600,000 sq. ft.
Developer NAI Michael Companies recently broke ground on South Lake Marketplace in Bowie, Maryland. The project is envisioned as a regional retail hub and centerpiece for South Lake, one of the largest mixed-use developments currently under construction in the Baltimore-Washington corridor. South Lake Marketplace will encompass 600,000 square feet of retail, dining, sports entertainment and hospitality components that can accommodate South Lake residents as well as the athletes and families attending events at the adjacent Liberty Sports Park facility. Giant Food has been signed as the anchor tenant. 

Highwoods

430,000 sq. ft.
The Bromley Companies and joint-venture partner Highwoods Properties, Inc. celebrated the topping out of Midtown East, the anchor building in the 23-acre mixed-use development in Tampa, Florida. The 18-story tower is a 430,000-square-foot Class A office space featuring column-free floor plates, 360-degree views and sustainable amenities. It was designed by global architecture firm Rule Joy Trammell + Rubio. Upon completion in 2025, Bromley and Highwoods will jointly own 143,000 square feet, consisting of five floors of office and ground-level retail. The rest of Midtown East will serve as the future headquarters of Tampa Electric and Peoples Gas. Photo: David O 

PorterApartments

255 units
Brinkmann Constructors, in partnership with Lodging Hospitality Management, Balke Brown Transwestern and 2B Residential, recently celebrated the topping out of a 385,000-square-foot multifamily community in Maryland Heights, Missouri. The Porter Apartments, located at Westport Plaza, a 42-acre entertainment district, will include five stories of wood-framed residential apartments with 255 units and two levels of garage parking. Featuring one and two-bedroom layouts, the luxury development will feature a variety of upscale amenities, including a club room, fitness and yoga center, and private courtyard with a pool and spa. 

UnisonElliottBay

300,000 sq. ft.
The RMR Group recently completed Unison Elliott Bay, a three-building mixed-use campus in Seattle that includes 300,000 square feet of life science lab, research and development, and Class A office space. The site features 200,000 square feet of 14-foot floor-to-floor heights in two dedicated lab buildings and provides tenants with above-standard power and cooling capacity, designed to accommodate lab and technological needs. The campus is near the new Climate Pledge Arena and along 15 acres of winding trails, beaches and open space. It offers an on-site chef-driven cafe, spacious fitness facilities and landscaped courtyard. 

NovaRiver

250 units
CCI Real Estate started vertical construction on Nova River District, a 6.4-acre mixed-use development in Rome, Georgia, that will provide much-needed housing to the small city of 38,000. The first phase is expected to be completed in fall 2025 and will offer 250 newly constructed residences, including 178 one-bedroom and 64 two-bedroom apartments. The development will also feature nearly 14,000 square feet of ground-floor retail, street-level dining, wellness-driven amenities and 1 acre of programmed green space. Two of the original buildings on the property will be redeveloped into an additional 4,000 square feet of adaptive reuse retail space. 

McClellanOne

120,584 sq. ft.
Creation and joint-venture partner J.P. Morgan Asset Management began construction on McClellan One, a Class A industrial development located on a rare infill site in Newark, New Jersey. The 120,584-square-foot logistics building with 87 trailer stalls and excellent freeway frontage is on a 10-acre site directly adjacent to Newark Liberty International Airport. The location also offers close proximity to the Port of New York and New Jersey, the New Jersey Turnpike and New York City. Creation preleased the entire building to Barsan Global Logistics, an integrated logistics service company. The site previously operated as a long-term parking facility. 

PATHVentures

111 units
R.D. Olson Construction completed the $42.5 million West Carson Villas in Carson, California, for PATH Ventures, a nonprofit affordable housing developer and service provider. PATH will be owners and operators of the 111-unit supportive housing community designated for residents earning between 30% and 60% of the area median income. Built on the former site of an automobile repair garage, the 150,000-square-foot development offers one-, two- and three-bedroom apartments with easy access to local public transit and the 110 Harbor Freeway. The Gold LEED certified property includes rooftop solar panels, energy-saving appliances and a hot water recirculation system. 

JeffersonRegional

87,000 sq. ft.
Anchor Health Properties, a full-service health care real estate development, management and investment company, recently celebrated the grand opening of the Jefferson Regional Specialty Hospital in White Hall, Arkansas. The 76-bed, 87,000-square-foot freestanding specialty hospital features 40 beds dedicated to inpatient rehabilitation and 36 beds dedicated to inpatient behavioral health services in a historically underserved market. The project represents the largest private equity investment in health care in the community and statewide in recent years. 

Do you have a new and noteworthy project in the planning, design or construction stage that you’d like to share with fellow real estate professionals? Send a brief description and high-resolution rendering to developmentmagazine@naiop.org.

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