San Diego — The San Diego Port Authority Commission has selected a $1.2 billion project proposal anchored by a 480-foot observation tower to transform 70 acres of downtown San Diego’s waterfront.
Livermore, Calif. — Summit, New Jersey-based RedMill Capital has received a $38.6 million loan for the construction of The Shoppes at Livermore, a 120,000-square-foot retail center to be located in the San Francisco Bay Area community of Livermore.
New York City — Tishman Speyer, in partnership with Qatar Diar, is moving ahead with the construction of a 1.1 million-square-foot office and retail project in Long Island City.
Grand Prairie, Texas — Southlake, Texas-based United Development Co. has begun the redevelopment of the former UA Theater Grand Prairie 10, located at the corner of Westchester Parkway and Carrier Parkway in Grand Prairie.
Los Angeles — Next Century Partners has received $1 billion in construction financing for the Century Plaza mixed-use project in Los Angeles. The $2.5 billion project will include two residential towers, restaurants and retail shops.
Atlanta — Newk’s Eatery, a Jackson, Mississippi-based fast casual restaurant chain, has signed a new development agreement with franchisee C^2 Investment Partners LLC for six new locations in the Atlanta area.
AMHERST, N.Y. — WS Development has commenced construction of the first phase of its redevelopment of Northtown Plaza in Amherst.
Fort Lauderdale, Fla. — Stiles has completed The Enclave Shops at Coral Ridge, a 27,300-square-foot shopping center anchored by The Fresh Market.
Anaheim, Calif. — The mayor and city council of Anaheim have unanimously approved construction of Jefferson Stadium Park, a 17.9-acre development adjacent to Angel Stadium of Anaheim, home of Major League Baseball’s Los Angeles Angels.
Dallas — High Street Residential, in partnership with Northwestern Mutual Real Estate, has topped out Knox Heights, a six-story mixed-use development located along McKinney Avenue in Dallas.