It was an eventful week of proposed projects for the multifamily industry, perhaps because of the unusually warm weather for the first days of spring. But whatever the reason, since last Wednesday’s development update, over 40 new projects have come across our Google alerts. Here are 5 of the most notable ones trending the pipeline from across the country:
-The Lancaster Eagle Gazette reports work will start next week on the Lancaster, Pa. Midtown Apartment Complex. Developer Gary Schottenstein says his Schottenstein Real Estate Group is building the 240-unit apartment development on 24 acres. The entire 24-building project is scheduled to be completed by the end of 2013, weather permitting. The midtown apartments will feature one- and two-bedroom garden apartments and two- and three-bedroom townhouse units with garages.
-Apartments in Ann Arbor, Mich.: The city’s planning commission voted 6-2 this week to approve the Maple Cove Apartments and Village project, according to AnnArbor.com. Property owner Muayad Kasham,, who owns Superior Lawn Care & Snow Removal in Ann Arbor, plans to construct the now nearly vacant 3-acre site and construct two 18-unit, three-story apartment buildings, seven single-family homes and a 64-space parking lot.
-Milwaukee, Wis. plans to target “sophisticated” renters with a newly proposed 64-unit apartment development, the Milwaukee Journal Sentinel reports. Located in the nearby Pewaukee area, the development will include five eight-unit buildings and one 24-unit building, both with luxury amenities and underground parking. The owner of the proposed project is not disclosing his name at this time.
-Resmark and Greystar are teaming up to develop Elan Town Center Apartments in Redmond, Wash. The project will contain 134 apartment homes, restaurant and retail space in a single building. “The area around the development is currently undergoing a significant transformation and we are excited to support the region,” says Jerry Brand, Senior Managing Director of Greystar.
-An abandoned Howard Johnson hotel in Fort Lauderdale is finally being converted to condos after a two year stall because of a bad economy, according to SunSentinel.com. The Orion Condos will feature 170-units, 60,500 square feet of retail space, a 4,000-squate-foot restaurant and a 1,000-sqaure foot bar. The developer has additional plans for restaurants, shops and galleries surrounding the property to improve the neighborhood.