by Orange County Business Journal
Rob Budetti leads project management at OC’s largest architecture firm with $77.1M in local billings. Designing $1.6B project dubbed Boardwalk at Bricktown in Oklahoma City. Project in June received approval from the city for the 1,907-foot, 134-story Legends Tower that, if built, would replace the One World trade Center as the tallest building in the U.S.
by Building Design+Construction
Gensler, Arcadis North America, Core States Group, MG2, WD Partners, and Nelson Worldwide top BD+C's ranking of the nation's largest retail sector architecture and architecture engineering (AE) firms for 2024, as reported in the 2024 Giants 400 Report. Note: This ranking factors revenue for all retail buildings work, including big box stores, cineplexes, entertainment centers, malls, restaurants, strip centers, and theme parks.
by Jay Calderon | Desert Sun
Dream Hotel and Residences developer Lauri Kibby is interviewed during a ceremonial groundbreaking event for the project which had been partially constructed before the pandemic in Palm Springs, California, Dec. 10, 2024.
by Mile High CRE
Prism Places, an innovative CRE management and investment firm with $2.5 billion AUM, has announced a partnership with award-winning developer McWhinney to realize two separate commercial districts in Northern Colorado. Both projects are located in the growing suburbs north of Denver and are within master-planned communities in development by McWhinney.
by Multi-Housing News
On December 5th, Multi-Housing News hosted its 18th annual Excellence Awards, which honored some of 2024’s most notable multifamily developments, business strategies and professionals. The event, hosted at Resource Furniture in New York City, endowed a total of 90 Bronze, Silver and Gold awards across 36 different categories.
by Building Design+Construction
Arcadis North America, Gensler, Humphreys & Partners Architects, KTGY, and SCB top the ranking of the nation's largest multifamily housing sector architecture and architecture/engineering (AE) firms for 2024, as reported in Building Design+Construction's 2024 Giants 400 Report.
by Steven Sharp | Urbanize LA
In Chinatown, modular units are now being stacked into place at the site of a new rebar mixed-use apartment complex from Thrive Living. The project, located just east of L.A. State Historic Park at 1457 N. Main Street, replaced a food processing facility with what will eventually be a six-story structure containing 376 studio and one-bedroom apartments atop 6,448 square feet of ground-floor commercial space and parking for 104 vehicles.
by Art Pedroza | New Santa Ana
Global real estate developer Greystar has announced the grand opening of its newest property, The Row at Red Hill, a New York City-inspired urban village in the heart of Orange County boasting an award-winning modern industrial tech aesthetic. Walkable and self-contained on more than 14.5 acres, the mixed-use project – Greystar’s largest and most ambitious to date – is now 28% leased.
Archetype is an efficient design system for multifamily developers that simplifies and accelerates both design and construction processes, reducing time, complexity, and costs. Offering a customizable "kit of parts," it allows developers to create a flexible prototype that can be adapted across multiple projects and jurisdictions. This approach helps mitigate risks, ensuring more consistent budgets and predictable products and outcomes across developments.
by Taylor Anderson | Building Salt Lake
The Boyer Company would replace an existing west side storage facility with 350 new apartments under a new proposal that would require approval from the city for additional height. The new housing, on 2.91 acres at 523 W. 200 N., would continue the buildout near North Temple station northwest of Downtown.
by Parimal Rohit | Orange County Business Journal
AO, Orange County’s largest architectural firm marked its fourth collaboration with Michelin-honored chef Gordon Ramsay as the two partnered on a new restaurant in Nevada. AO spearheaded the architectural and design elements of Ramsay’s Kitchen at the Silver Legacy Resort & Casino in Reno, Nevada. The firm had billings of $77.1 million in billings for the year ended June 30, 2024, making it the largest architectural firm in Orange County for the second consecutive year, according to Business Journal data.
by Steven Sharp | Urbanize LA
In Historic South-Central, prefabricated modular units are now in place for a mixed-use development from Markwood. An update on the project, provided via social media by architecture firm Aero Collective, shows the development at 400 E. Adams Boulevard now at its full four-story height. The project is slated to include 84 studio and one-bedroom apartments when it opens, as well as ground-floor parking for 42 vehicles.
by John Caulfield | Building Design+Construction
AEC Giants with multifamily practices report that the sector has been struggling over the past year, despite the high demand for housing, especially affordable products. “The lending and interest rate climate has essentially put the industry on hold,” says Walter Hughes, Chief Innovation Officer for Humphreys & Partners, who was interviewed in June. “It has made it increasingly difficult to pencil deals.”
by Steven Sharp | Urbanize LA
Cogir of South Bay, built by the Ryan Companies on a site at 21507 Hawthorne Boulevard, consists of a four-story structure featuring 158 senior apartment. The residential units come in a mix of studio, one-, and two-bedroom floor plans, ranging from 820 to 1,256 square feet in size, and sit atop basement parking.
by Samantha Gowen | The Orange County Register
Two more top-dollar apartment complexes debuted in recent weeks in Orange County, part of a spate of new properties under construction as “pent-up demand” continues to fuel developments. Thousands more apartment units are coming, too, fueled by in-migration following a pandemic lull, according to an August report by J.C. Casillas at NAI Capital.
by Holly Dutton | Propmodo
Greystar has been in business for more than thirty years, growing to become a juggernaut in the multifamily industry and a company that is frequently ranked as the number one apartment owner in the country. In recent years, Greystar has expanded into other sectors, like student housing, logistics, and life sciences, but it still has a big focus on its bread and butter: traditional apartment buildings. And one of its multifamily projects nearing completion in California is its largest one yet.
by Steven Sharp | Urbanize LA
A September 19th ceremony in Inglewood showcased the debut of the Shops at Hollywood Park, the retail core of the nearly 300-acre development centered on SoFi Stadium. The first phase of the retail project, which sits near the intersection of Prairie Avenue and Century Boulevard, includes space for 390,000 square feet of shops and restaurants. Announced tenants include the Cinépolis theater chain, Iconix Fitness, experiential venue Cosm, JD Sports, and Residency Arts Gallery.
By Dees Stribling | Multi-Housing News
Shea Properties has completed The Square Cypress, a mixed-use development on more than 13.3 acres in Cypress, California, which is in suburban Orange County. The project includes 251-units in a multifamily component called Acadia Apartments, which is a Shea brand.
by Maria Maruta | Multi-Housing News
MBK Rental Living, in joint venture with Haseko Corp., has completed Zia Apartments, a 315-unit luxury community in Anaheim, Calif. The development benefited from an $82.9 million construction loan originated by JP Morgan Chase in 2022, according to Yardi Matrix. Greystar is the property manager.
by Jonathan Lloyd & Michelle Valles | NBC4 Los Angeles
Ground was broken Wednesday in a South Los Angeles neighborhood for a Costco store that will offer bulk buying and something new for the warehouse chain. The 5035 Coliseum mixed-use project in Baldwin Hills includes 800 apartment units above the Costco warehouse at Coliseum Street and La Brea Avenue,. More than 180 of those units on the 5-acre site will be for low-income households. The remainder will be offered as unsubsidized, affordable, and workforce housing.