Credit: San Diego State University

Above: Construction of a new mixed-use student housing and retail project on the campus of San Diego State University will begin June 2014.

Things are going to be looking up on the south side of the San Diego State campus as construction is set to begin on a multi-story, mixed-used student housing and retail project.

The $143 million project will be between Hardy Avenue and Montezuma Road. Preliminary work on the site currently home to temporary classrooms begins in June. Major construction will start in September.

The complex eventually will be home to 600 SDSU students and consist of 225,000 square feet of residential and retail space. An additional 122,000 square feet will be used for a 340-space parking structure.

According to a statement from SDSU:

Upon completion, the residence halls will offer double-occupancy student rooms and apartments for residential education staff and visiting scholars. The buildings also will feature student learning spaces, multipurpose rooms, faculty offices, study areas, lounges and a community kitchen. Student amenities in the building will include a mail room, bicycle storage, laundry room and trash chutes.

The retail component of the first phase of South Campus Plaza will include a community market store, restaurants and other retail shops. Negotiations with future tenants are ongoing. Sundt Construction, Inc., is the design-build contractor. The project was designed by architecture firms MVEI and SGPA. Construction is estimated to be complete by fall 2016.

South Campus Plaza will be LEED Silver certified, and will incorporate a number of measures to reduce water use.

Funded by systemwide revenue bonds, no state funds, tuition or fees are being used to pay for construction.

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South Campus Plaza Construction Begins This Month At SDSU

Schenectady

The Metroplex board approved the second phase of the Lofts at Union Square on Wednesday.

The board approved the $1.3 million investment designed to create 10 loft apartments and 2,370 square feet of ground floor retail space in a new four-story building on lower Union Street in downtown Schenectady.

Construction will begin this summer. The first phase, already completed, included eight town home apartments at Union and Barrett streets.

Developers are Christopher Maddalone and Charles Rosenstein, who are also completing work on 11 new apartments at the former Spencer Business School at 200 State Street.

Financing for the project is being provided by Kinderhook Bank. Metroplex is providing a $90,000 grant toward facade and other construction costs, according to Metroplex officials.

The board also approved a contract with Dan's Hauling of Albany for $138,563 for the demolition of buildings on Eastern Avenue as part of a joint effort by Metroplex and Schenectady's Land Bank to improve the Eastern Avenue corridor. The four buildings to be demolished are at 722, 803, 821 and 870 Eastern Ave.

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2nd phase of loft project approved

Two real estate projects in the works will bring hundreds of new apartments, retail space and an office tower to Richardson.

Richardson already has North Texas largest development the $1.5 billion CityLine project on Bush Turnpike that is anchored by State Farm Insurances new campus.

Now, other major developments are planned nearby.

Property owners on the east side of North Central Expressway near Campbell Road plan to redevelop an old Richardson office complex into a mixed-use project.

The proposed development would include a new office high-rise plus more than 500 apartments to be constructed on a tract between Greenville Avenue and North Central.

The site now has about 145,000 square feet of aging office space in a handful of low-rise buildings.

Property owners Fobare Commercial and AGF have filed plans with the city of Richardson that show a 15-story office tower and two four-story apartment complexes that would replace the old office space on the east side of U.S. Highway 75.

Hunt Development Co. out of El Paso is our partner, developer Tod Fobare said Wednesday. We hope to start construction in the fourth quarter.

Hunt Development is already an apartment developer in North Texas. It has projects in Frisco and Allen.

The 13-acre Richardson project would be the second phase of the Eastside retail and apartment development that was built in 2007 at the southeast corner of North Central and Campbell.

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Two more mixed-use developments are on the way in Richardson

An ambitious $40 million retail, residential and public park project that has risen from the ground in the historically neglected Brooklyn neighborhood along Riverside Avenue is on track for completion by fall 2014 or early next year, developers said Wednesday.

The timeline for some pieces of the 220 Riverside development have been pushed back slightly because of a few routine construction delays. But Alex Coley, principal with Hallmark Partners, the lead developer, said the project is moving steadily forward and should be fully completed no later than early 2015.

220 Riverside will have 294 apartments, 18,000 feet of retail space, 397 parking spaces and Unity Plaza, a park that will circle and overlook the city pond at the corner of Riverside Avenue and Forest Street.

Pre-leasing has begun on the first batch of 220 Riversides 294 apartments, which will be delivered in September followed by the rest in November or later next year. Developers say interest has been high, thanks in part to a boom in activity along the road that represents the busiest development near downtown Jacksonville.

Were getting a lot of buzz here, said Tri Ball, the developments property manger.

Construction on Unity Plaza, a public park that serves as the spiritual centerpiece of the development, is to begin within 30 days and be complete late this year or early 2015.

In between the retail space on the ground floor and the pond will be the plaza, which will have an amphitheater and grassy area able to accommodate about 2,000 people. Coley hopes to program events more than 300 days each year. In December, the city provided $2.6 million for Unity Plaza construction.

Hallmark is very close to signing tenants for the retail space, he said.

The apartments will rent for $1,040 to $2,000 per month, Ball said. She said progress has been moving fast but would not disclose how many apartments have been pre-leased.

Two other major developments along Riverside Avenue are helping generate interest, Ball said.

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220 Riverside development, Unity Plaza on track for fall, early 2015 opening

Caves Valley Partners plans to pump in $250 million to revitalize the area around M&T Bank Stadium, adding office and retail space, apartments and much-needed parking spaces, the Business Journal reported.

The project in Sharp-Leadenhall will transform three blocks along Cross and Ostend streets near the stadium, the report said.

Caves Valley partner Arsh Mirmiran told the Journal the site was chosen both for its proximity to M&T Bank Stadium and access to transportation. The three blocks have quick access to MARC, light rail, the Charm City Circulator, Baltimore-Washington Parkway and Interstate 395, the report said.

This is the type of smart growth, transit-oriented project that can significantly enhance the quality of life of our surrounding communities, City Councilman William H. Cole IV said in a statement.

Providing a significant boost to parking a complaint of virtually everyone in the area further illustrates that this is a well-conceived plan, he added.

The project seeks to add 300,000 square feet of office space to the Stadium Square, nearly doubling the total amount of office space in nearby Federal Hill. The Stadium Square section alone is expected to create about 1,200 permanent jobs and between 800 and 1,000 construction jobs.

Elsewhere, the project plans to add several hundred apartments; between 60,000 and 70,000 square feet of retail and 2,000 parking spaces; a new community center on the Leadenhall Baptish Church property and a broadband services center to support businesses.

The decision to improve broadband access to the project indicates Caves Valley is anticipating heavy demand from tech companies in the project, the Journal said, adding that Baltimores neighborhoods surrounding the Inner Harbor are favored by tech firms large and small because they contain uncommon office spaces and provide employees access to neighborhood-focused amenities.

Caves Valley previously developed 1111 Light St., home to Red Owl Analytics and Betamore.

Read the Business Journal article here.

See original here:
Caves Valley Partners Plans $250 Million Project to Revitalize Area around M&T Bank Stadium

Winick Realty Group announced 8,095 square feet of retail ground space has become available for leasing at 92-77 Queens Blvd.

New retail opportunities are coming to Rego Park just blocks from three major Queens malls.

Leasing has begun on8,095 square feet of ground retail space at 92-77 Queens Blvd., which is currently under construction,Winick Realty Groupannounced. The site is expected to be move-in ready by 2015.

We truly believe that this is an unparalleled opportunity for any retailer to position themselves in front of three major malls, Queens Boulevard, the Long Island Expressway, two subway lines and 10 bus lines, said Winick Realty Group real estate broker Robert Heicklen.

Located adjacent to Rego Center and blocks away from Queens Center and Queens Place malls, 92-77 offers retailers 35 feet of all-glass frontage on 93rd Street and front- and rear-facing backlit signage.

Deals including one for a 16,000-square foot fitness center and another for a well-known national coffee brand are pending for two of the three spaces on the property, according to Winick Realty Group. The overall site features a 400-square-foot loading dock and on-site parking.

According to a Winick Realty Group online flyer, Retro Fitness and Starbucks are expected soon.

Winick Realty Group is excited to represent this type of high-profile, high-visibility exclusive as we continue to expand our leasing efforts in the borough of Queens, said Winick Realty Group President Steven Baker.

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New retail space coming to Rego Park

CEDAR FALLS | By Labor Day, Viking Plaza shoppers can expect four new retail options. By Thanksgiving, they will have another two. And more are on their way.

But as commercial development booms around the East Viking Road area, so does concern about whether or not surrounding roadways are prepared to support it.

Intersection improvements are not budgeted to begin until 2017, but plaza developers say they are getting close to completing a strip mall with over 58,000 square feet of retail space. That's at the same time they are gearing up to break ground for five more storefronts in a separate building near Culver's.

"We'll be turning over space in July and August," John Silverman, managing principal for the Cincinnati-based developer, Midland Atlantic, said.

And just north of that will be Cedar Falls' third McDonald's location -- the first to open since 1984. Scott Soifer, who owns 11 locations, including the recently renovated downtown Cedar Falls location, is the franchisee.

Construction crews broke ground last week. Thefast-food joint, located at 326 Brandilynn Blvd., is expected toopen in September, with hiring and training of 75 part-time andfull-time employees, as well as 10 managers, beginning in June.

These additions come on top of increasingly hindered traffic flow on Iowa Highway 58, which is part of the Avenue of the Saints, due to the growing number of drivers turning onto and off of Viking Road.

Ron Gaines, director of developmental services, said he is concerned about mixing a growing amount of local traffic with the ongoing stream of vehicles that are passing through the area.

This has gotten the attention of the Iowa Department of Transportation, which keeps track of intersections it sees as dangerous -- based on traffic volume and accident frequency and severity. The department ranks those intersections and, in recent years, the Viking-Highway 58 intersection has jumped in the rankings, from No. 4 on the departments priority list as needing improvement from 16th only four years ago.

"Once you get that cluster of retail development with big-box stores, then smaller stores follow, said Bob Seymour, Cedar Falls community services manager.

Link:
Viking Plaza development expands shopping options

Published: Friday, June 6, 2014 at 4:47 p.m. Last Modified: Friday, June 6, 2014 at 4:47 p.m.

A new Dunkin' Donuts is on the way to North Pine Avenue.

A listing at Mid State Builders Exchange http://www.msbe.com indicates the Dunkin' is included in nearly 5,500 feet of new retail construction set for 2300 N. Pine Ave.

Manoj Reddy, of Orange County, is the franchisee. He said he hopes to open the store in 90 to 120 days.

"It's a good location," Reddy said. "I own the four Dunkin' Donuts stores in Marion County. They're good locations. It's a good area.

"Things are growing. Things are picking up. It's a good place to have one more store."

Mid State Builders Exchange's website indicates the 5,438-square-foot project is in the pre-bid phase and involves the building of the Dunkin' and other retail space, along with the moving of "an existing modular building to the north portion of the site."

Reddy said the property was once home to a real estate agency.

"It's going to be brand new, from the ground up," he said of the complex.

The website lists Kalasa LLC as the owner of the property and Reddy as a contact. Reddy, however, said he is "not the landlord."

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Ocala to get another Dunkin' Donuts

Construction projects blotching New Brunswick suggest that the city is receiving a makeover newly leaked information regarding a New Brunswick Transit Village expansion suggests that facelift may be the more appropriate term.

According to New York YIMBY, a site that covers architecture, construction and real estate in the New York City region, New Brunswick Development Corporation plans to spearhead a project that would add additional commercial, residential and retail space to the lots surrounding New Brunswick Station.

This includes 1 million square feet of office space, more than 500 residences and 100,000 square feet of street-front retail.

In comparison, the adjacent Gateway Transit Village (comprised of The Vue luxury apartments, among other occupancies) is 632,000 square feet, according to a DEVCO project sheet. Gateway, completed in 2011, cost $143 million.

An overview shot of the renderings shows pedestrians can access at least two stories of walkways and pavilions. A parking deck would be concealed, New York YIMBY reported.

[I]f growth can build on the citys proximity to New York and access to the human capital at Rutgers, then a walkable, vibrant, and desirable Downtown will continue to sprout. The expansion of the Transit Village is an important step in the right direction, the report read.

This is a developing story. Stay tuned as details emerge.

More here:
'Transit Village' to add 1 million square feet of office space, residences, retail to city

Vanessa Cross

Vanessa Cross has practiced law in Tennessee and lectured as an adjunct professor on law and business topics. She has also contributed as a business writer to news publications such as the "Chicago Tribune" and published in peer-reviewed academic journals. Cross holds a B.A. in journalism, a Juris Doctor and an LL.M. in international business law.

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