5 stories on redevelopment in commercial real estate.
Rockpoint, LCOR and Potomac Investment Properties are redeveloping 349,000 square feet in Georgetown into 299 rental units across two buildings, marking the area's biggest multifamily push in a century.
Atlanta-based Ardent Cos. has signed Sprouts Farmers Market to anchor Crossroads Shopping Center in Savannah, GA, with a 28,000 SF redevelopment targeting a 2027 opening.
Shopoff Realty Investments and AO have broken ground on Bolsa Pacific, replacing the former Westminster Mall with 2,250 homes and 220,000 SF of retail.
Riverside Investment & Development and Singerman Real Estate acquired the former Two Wells Fargo Center in Charlotte for $36.5M, planning a $200M mixed-use redevelopment of the 800,000-sq-ft complex.
Habitat and M/I Homes are partnering to redevelop the former Solo Cup site in Highland Park, IL into The Bowery, a 227-unit for-sale townhome community.