Apartment Look

Mizner 200 will be one of the largest construction projects in Boca Raton's downtown, offering three nine- story apartment buildings across 9 acres. There will be 384 new apartments and garages with 672 parking spaces. You’ll also see an overhauled stretch of Southeast Mizner Boulevard — inundated with new canopy trees, park space and benches along an 8-foot-wide, paver-laden sidewalk. It’s too early to say when construction will begin. But Mizner 200, at 200 SE Mizner Blvd ., will give the area a much-needed face-lift, some residents say. It’s the latest high- rise project coming to downtown Boca, among the fastest rising in Palm Beach County . “It’s an amazing project and one that I think Boca can stand behind in a very proud fashion,” said Marisela Catilla, a resident of Royal Palm Place just across the street. The city, which this week approved the project, said it’s a product of cooperation between Mizner 200’s developer, Coral Springs-based El- ad National Properties , a...

DEL CITY — Efforts to transform what had been a blighted and crime-ridden area at Interstate 40 and Scott Drive into something this community can be proud of has cleared another hurdle. The city council and its development authority approved an agreement with a Texas-based developer this week to build a movie theater/bowling alley, restaurants and a grocery store on the southwest corner of the interchange this week. The developer, Hunt Properties Inc., told The Oklahoman on Wednesday the site is an ideal location for a project it expects will create a regional draw for future tenants. For the city, approval of the project marks the completion of a journey it started about a decade ago to take a undesirable area that consisted of dilapidated apartments and a strip club and turn it into something else. Del City officials said the deal represents an unprecedented investment in the community, and is proof the community can redevelop previously blighted areas using commitment, foresigh...

A new Kroger supermarket on the edge of Dallas' Arts District will offer more than groceries. The supermarket chain plans for its new store to be part of a mixed-use development that includes hundreds of new apartments. Kroger last year purchased a block of land on Hall Street between Ross Avenue and North Central Expressway . It's just across the highway from downtown and in an area that's seeing rapid redevelopment. Early this year Kroger filed plans with the City of Dallas to build just a supermarket and surface parking on the site. But now the grocery giant has teamed up with a local apartment builder and wants to include 375 apartments with the project. The development designed by Dallas architect GFF would have four stories of rental units on top of a 2- level Kroger store , plans for the project show. Dallas- based apartment builder Trinsic Residential Group would build the rental units on top of the grocery store and parking garage at Hall and Flora streets. ...

A controversial North Baltimore apartment project cleared its final hurdle when Mayor Catherine Pugh ratified its designation as a planned unit development . Developer Blue Ocean can start work on the roughly $40 million Overlook at Roland Park. The Baltimore- based developer plans a six-story, 148- unit luxury apartment building on the wooded 12-acre parcel near the intersection of Falls Road and Northern Parkway in North Roland Park . The project faced significant opposition from some residents in North Roland Park concerned about increased traffic, despite receiving the support of two neighborhood associations. Blue Ocean has agreed to preserve more than half the site for forest conservation or green space. The project includes a parking garage, swimming pool, fitness center, media room and an indoor sports court . Blue Ocean President Jonathan Ehrenfeld said the project will be the area’s first new apartment community in several decades. A timeline for the start of constr...

CLOSE North Korea threat; Fatal Rehoboth Beach house fire ; Bruce Springsteen on Broadway 8/10/17 1303 Delaware Avenue was purchased by Capano Management . (Photo: Courtesy of Capano Management ) Capano Management continues to bolster its residential portfolio with the acquisition of 1303 Delaware Apartment Homes in Wilmington's fashionable Trolley Square neighborhood . A sales price was not disclosed. Capano financed the purchase with a fixed-rate loan from Fannie Mae.  The privately-held Wilmington-based developer's multifamily division, Capano Residential , purchased the 231- unit high rise from Merion Realty Partners , a Wynnewood, Pennsylvania, real estate investment firm . Jeffrey Shumaker, vice president responsible for Merion's multifamily division, declined to comment on the transaction. "That's not public information," Shumaker said of the sale.  Upon acquisition, Capano Residential , which is headed by Louis J. Capano, renamed the property Par...

Developers plan to bring another apartment community to Baton Rouge. LDG Development, a Louisville, Ky.-based company, intends to build the new complex at the intersection of Airline Highway and Evangeline Street, in the city’s north side. The project is called Port Royal Apartments . According to documents from the Louisiana Housing Corp ., the state’s affordable housing agency , its total development cost will be about $26.5 million. Plans call for the construction of an eight- building complex , with 216,672 square feet of space and a total of 192 units. There will be 96 two-bedroom units and 96 three-bedroom units. The Advocate reports that rents at Port Royal will range between $800 for a two-bedroom, two-bath unit to $925 for a three-bedroom, two-bath apartment. The newspaper also said that the city parish Planning Commission is scheduled to vote on a site plan at its June 15 meeting. If the project receives all the necessary approvals, the developers could break ground on the...

Developer National Resources has for several years been studying different office, retail and residential schemes for an underused corporate campus designed in the 1960s for International Business Machines Corp. in East Fishkill, N.Y. But now, as National Resources moves to close on a deal to buy a 300-acre site, the Greenwich, Conn.- based developer is recognizing that housing has got to be a central component of the plan. Firm principals Lynne Ward and Joseph Cotter recognize low rents are the best way to lure millennials and others away from New York City, about a 90-minute drive away. National Resources is paying an undisclosed price for the land from California- based semiconductor company Globalfoundries , which purchased IBM’s semiconductor business in 2015 and still runs a slimmed down operation at the East Fishkill site that employs around 1,700 workers. Related Articles Over the next five years National Resources plans to introduce efficiently sized apartments cu...

330 S. Wells Street. Image courtesy of NORR The 16- story Insurance Center Building at 330 S. Wells is ready for a big mixed-use makeover. Acquired by Marc Realty exactly one year ago for $10 million, the 1927 Loop office building has been issued a permit to begin its conversation to 132 residential rental units , four levels of remodeled office space , and ground floor retail . The Chicago- based developer has teamed up with architectural design firm NORR for the downtown adaptive reuse project which also includes a basement amenity space and a rooftop deck. Though 330 S. Wells is not designated a Chicago landmark , the property does feature of number of notable architectural touches such as terracotta exterior detailing and a marble- clad lobby space . The development team aims to restore these and other features to receive historic preservation tax credits . With the exception of window replacements—and the aforementioned roof deck —no other exterior modifications are pla...

CLEVELAND, Ohio - The owner of downtown Cleveland's fourth-tallest building is doing an about-face, marketing the Tower at Erieview and the adjacent Galleria shopping mall for sale after more than a year of exploring a partial conversion of the skyscraper to apartments. RAIT Financial Trust recently put the buildings on the market, at an undisclosed price. A listing package from real estate company HFF , Inc., started making the rounds last week. The 40-story tower, at East 12 th Street and St. Clair Avenue, is only 45 percent leased, according to HFF's listing materials. The glassy, barrel- shaped Galleria is 60 percent leased. The property also includes a 421- space parking garage . Related: Oswald Centre, former Eaton Center hit the market RAIT's decision doesn't shut the door on a potential residential redevelopment of a third of the office space. But the listing throws the timeline for such a project into limbo - and signals that the Philadelphia- based company...

CPM proposes Lyn-Lake apartments A used car lot in south Minneapolis could soon become the site of a four-story mixed-use building with 70 rental units, some micro-style with smaller-than-average footprints. Developer CPM Cos . has proposed to build the development on property located on Lake Street near Harriet Avenue, according to documents submitted for a meeting of the Minneapolis Planning Commission 's committee of the whole. The complex would have about 1,200 square feet of commercial space on the first floor as well as an enclosed parking garage . The units range in size from 422 square feet to as large as 831 square feet. Across the Twin Cities, developers have started to build "micro" apartments in buildings that still have upscale amenities. While the average studio apartment in the area is 500 to 525 square feet, developers have recently built them as small as 300 square feet. Ray Apartments, which had its grand opening last week, is mostly studios. Some of th...

A £15 million ‘ dementia village ’ like no other facility in the UK could be built within Canterbury’s largest ever housing project. Plans are being drawn up for the ambitious development, which would sit on 15 acres of land to the south of the city and cater for 250 sufferers of the degenerative disease. Based on a new concept of care in The Netherlands, it would form part of Corinthian Land’s 4,000- home Mountfield Park scheme . pioneering Hogeweyk dementia village in Holland" alt="The pioneering Hogeweyk dementia village in Holland" /> The pioneering Hogeweyk dementia village in Holland Simon Wright, the developer’s chief executive, is in talks with bosses at care home provider Avante , who joined him on a trip to see the groundbreaking Dutch facility Hogeweyk in Amsterdam. “It was a real eye-opener,” he said. “What we saw was the world leader in this type of care, where people in varying stages of the illness can continue to live full lives . “You wou...

Council Member Laurie Cumbo (@cmlauriecumbo) Hundreds of Crown Heights residents and community activists laughed and jeered at a recent community forum as a lanky man wearing a paper mask of Mayor Bill de Blasio joked about bringing affordable housing to their neighborhood. The event was punctuated by moments of levity but mostly dominated by anger from residents who feel their elected representatives have sold out their interests to the real estate industry , with a focus on the proposed redevelopment of the vacant Bedford Union Armory . The de Blasio administration , with a developer, is proposing a combination of affordable and market rate rental apartments , condominium units, and recreation space for the massive site. City Council Member Laurie Cumbo , who represents the district, did not attend the August 2 forum focused on the project -- she was just days from giving birth to a son -- and when representatives of her office tried to speak, they were shouted down. The ev...

The long retail spine of Sydney Road, Brunswick, just north of Melbourne's CBD, was once a prosperous trading outpost on the way to the goldfields. These days it's a bohemian mix of variety stores, op shops, halal butchers and Lebanese bakeries. Take a side street to the west, however, and a different picture emerges. Sandwiched between Sydney Road and the Upfield train line is an area undergoing rapid and widespread transformation. Light industry is fast being replaced by mid- rise apartment buildings , their inhabitants attracted by the short commute into town and cheaper prices than in the city's south-east. The quality of these units is, on the whole, depressingly bad; think poor ventilation and bedrooms that "borrow" natural light (a weasel word for being dark and windowless). The occasional jazzy façade tries feebly to make up for otherwise cheap construction amid a chorus of greys. At ground level, carpark roller doors alternate with mean pocket garden...