Sunkin Property Group’s Post

Announced Projects I am looking forward to in #Tampa / #StPete: The Miami group behind Edge Collective, a mixed-use project in St. Petersburg’s Edge district, has paid $14.75 million for an assemblage of parcels for the development’s second phase! PTM Partners closed on several parcels in the 1100 block of Central Avenue on Jan. 31. The sellers were Tricera Capital and Eastman Equity. The first phase of Edge Collective includes the Moxy Hotel and the renovation of a historic #office and #commercial building. Phase two will include 350 #residential units via a 20-story tower and a seven-story building. The project will also include 20,000 square feet of #retail space and 350 #parking spaces. Construction on the Moxy Hotel is expected to be completed in the next five to six weeks. The hotel team will then need six to eight weeks to officially open the hotel. The group plans to begin #construction on phase two by the end of 2024 or early 2025. https://lnkd.in/gkCNMYJk Nicholas Pantuliano Michael Tillman Thomas Strand, CFA #multifamily #apartment #mixeduse #development #redevelopment #DTSP #stpeterealestate #tamparealestate #cre #realestate

On Market | 15A -21 Beaconsfield Parade, Lindfield VIN Commercial is delighted to exclusively offer 15a, 19a, 19b & 21 Beaconsfield Parade, Lindfield, a premium future opportunity to the market. -Land size 6,992 sqm -Unique, predominantly HCA free site -An abundance of amenities in close proximity -Exceptional terms available If you're looking at TOD opportunities but have concerns about heritage conservation implications, look no further than this sought-after de-risked offering. Beaconsfield Parade is a favoured street situated in the heart of Lindfield. It is just 160m* from the proposed future Lindfield Village Hub, 240m* from the multiple retail amenities within Pacific Highway, and 350m* from Lindfield Train Station. The subject site also benefits from being supremely positioned for commuting to surrounding suburbs and Sydney CBD. Development Highlights: + Total combined site area of 6,992 sqm* + Prime location with precedence set for developments in proximity + Multiple amenities within walking distance + Quiet and tranquil position set back from the street + FSR 2.5:1 and height limit 22 metres as per the TOD + High demand market from local downsizers and young families A collaboration of professional consultant reports is available within the data room to assist in your due diligence. +Compliant Architectural Scheme +Traffic Report +Site Survey This unique and de-risked HCA opportunity is being offered by Expressions of Interest (EOI), closing Wednesday 14th August 2024 at 3pm (AEST). For further details, please get in touch with exclusive agents at VIN Commercial. * Approximate STCA - Subject to Council Approval TOD – Transport Orientated Development Arvin Golchin #development #opportunity #apartments #construction #development

Latest property and construction news…..   78-90 Colmore Row was built in 1917 and subject to planning permission is set to be extended with a single roof-top office space storey which will add 6k sq.ft. to the building. The building will also undergo a refurbishment to improve its energy efficiency and accessibility. A new business lounge, cycle storage and shower facilities will also feature.   Permission has been granted to build a 37-storey residential block on Hagley Road as part of the New Garden Square development in Edgbaston. 462 apartments, commercial and retail space, co-working space, meetings rooms and a gym all feature in the project.   Residents and businesses are being encouraged to take the opportunity to add their thoughts (online) to the proposed multi-million redevelopment of Mell Square in Solihull. The council has appointed Muse Places Ltd as the preferred development partner for the scheme.   According to Birmingham City Council, the delayed box-park big-screen in Perry Barr will be built. The park was originally planned to open in 2022 when the city hosted the Commonwealth Games. The operator has started to move containers on to the site.   A net balance of 30% of property professionals expect house sales to rise over the next few months according to the Royal Institute of Chartered Surveyors. 45% expect to see an increase over the next 12 months.   Birmingham-based property services company Centrick has been appointed by Munich-based AM Alpha to consult on a 220 to rent apartment scheme in Alcester Street, Digbeth. According to UK Finance, 980 homes were repossessed in Q2 of 2024. This was up 8% on the previous quarter and 31% up compared to the same period last year.   #property #construction #housing #offices Photograph: The Belfry Hotel and Resort - The new Masters Suite and additional bedrooms, are under construction.

Vistry strikes £600m Pudding Mill Lane deal House-builder Vistry Group has formed a joint venture with the London Legacy Development Corporation to build nearly a thousand flats in east London. The London Legacy Development Corporation (LLDC) and Vistry, in a 50/50 joint venture, plan to create a new community next to Pudding Mill Lane DLR station in Stratford, in the vicinity of the London 2012 Olympic stadium, which is now home to West Ham United Football Club. The 948 mixed-tenure homes that are planned are expected to have a gross development value of £600m. The five-hectare development will be brought forward over four phases, with a minimum of 45% of the new homes being affordable, as well as over 30,000 sqm of non-residential floor space to accommodate a mix of workspace, retail, community and leisure uses. Currently Pudding Mill Lane is home to a variety of temporary uses including the ABBA Arena. Full Story: https://buff.ly/3ZjCe5H #ConstructionNews #Construction #QuantitySurveyors #Estimators #QSRecruitment #ConstructionJobs #ConstructionUk

Vistry strikes £600m Pudding Mill Lane deal House-builder Vistry Group has formed a joint venture with the London Legacy Development Corporation to build nearly a thousand flats in east London. The London Legacy Development Corporation (LLDC) and Vistry, in a 50/50 joint venture, plan to create a new community next to Pudding Mill Lane DLR station in Stratford, in the vicinity of the London 2012 Olympic stadium, which is now home to West Ham United Football Club. The 948 mixed-tenure homes that are planned are expected to have a gross development value of £600m. The five-hectare development will be brought forward over four phases, with a minimum of 45% of the new homes being affordable, as well as over 30,000 sqm of non-residential floor space to accommodate a mix of workspace, retail, community and leisure uses. Currently Pudding Mill Lane is home to a variety of temporary uses including the ABBA Arena. Full Story: https://buff.ly/3ZjCe5H #ConstructionNews #Construction #QuantitySurveyors #Estimators #QSRecruitment #ConstructionJobs #ConstructionUk

Vistry strikes £600m Pudding Mill Lane deal House-builder Vistry Group has formed a joint venture with the London Legacy Development Corporation to build nearly a thousand flats in east London. The London Legacy Development Corporation (LLDC) and Vistry, in a 50/50 joint venture, plan to create a new community next to Pudding Mill Lane DLR station in Stratford, in the vicinity of the London 2012 Olympic stadium, which is now home to West Ham United Football Club. The 948 mixed-tenure homes that are planned are expected to have a gross development value of £600m. The five-hectare development will be brought forward over four phases, with a minimum of 45% of the new homes being affordable, as well as over 30,000 sqm of non-residential floor space to accommodate a mix of workspace, retail, community and leisure uses. Currently Pudding Mill Lane is home to a variety of temporary uses including the ABBA Arena. Full Story: https://buff.ly/3ZjCe5H #ConstructionNews #Construction #QuantitySurveyors #Estimators #QSRecruitment #ConstructionJobs #ConstructionUk

Vistry strikes £600m Pudding Mill Lane deal House-builder Vistry Group has formed a joint venture with the London Legacy Development Corporation to build nearly a thousand flats in east London. The London Legacy Development Corporation (LLDC) and Vistry, in a 50/50 joint venture, plan to create a new community next to Pudding Mill Lane DLR station in Stratford, in the vicinity of the London 2012 Olympic stadium, which is now home to West Ham United Football Club. The 948 mixed-tenure homes that are planned are expected to have a gross development value of £600m. The five-hectare development will be brought forward over four phases, with a minimum of 45% of the new homes being affordable, as well as over 30,000 sqm of non-residential floor space to accommodate a mix of workspace, retail, community and leisure uses. Currently Pudding Mill Lane is home to a variety of temporary uses including the ABBA Arena. Full Story: https://buff.ly/3ZjCe5H #ConstructionNews #Construction #QuantitySurveyors #Estimators #QSRecruitment #ConstructionJobs #ConstructionUk

Lansdale Revitalization: Mixed-Use Developments - Growing & Thriving Soleil Luna Hair Salon expands and moves to new location. Day One at their new location on Madison Street in the Lansdale Station Apartment complex. Challenges to Mixed-Use Developments: Lansdale Station is a 180 unit, upscale apartment complex in Lansdale’s downtown. Part of the project’s redevelopment included 7,500 sq/ft of mixed-use retail space. Property owners had the initial lease rates at 64% above the average lease rate in Lansdale’s downtown. There has been considerable interest in this prime location and we have toured scores of prospects through the site. However, as a result of the higher lease rates securing a tenant proved insurmountable. As a result the first floor commercial space sat vacant for more than five years, until now. Solution: The property owners reevaluated their lease rates, adjusted them to align with the community’s norms and have now begun to lease the spaces. #makeitmontco #chamberGMC #discoverlansdale #northpennnow #johnernst #soleillunahairsalon #barthconsultinggroup

We have heard of the growing popularity for #microunits. Looks like Trademark Property Company is implementing these in their impressive Dallas development. It makes sense that people driven to more urban cities and affordability concerns are creating an environment conducive for this demand. The last decade we’ve seen a lot of ‘more is more’ but are wondering if the shift towards minimalism is finally taking form. The downsizing of our square footage may suggest a trend towards smaller footprints in the future! 🌟 #urbanization #affordability #multifamily #realestatedevelopment #interiordesigner What are other trends that have caught your attention in the multifamily market rate, student housing, active adult arenas?

Lansdale Revitalization: Mixed-Use Developments - Growing & Thriving Soleil Luna Hair Salon expands and moves to new location. Day One at their new location on Madison Street in the Lansdale Station Apartment complex. Challenges to Mixed-Use Developments: Lansdale Station is a 180 unit, upscale apartment complex in Lansdale’s downtown. Part of the project’s redevelopment included 7,500 sq/ft of mixed-use retail space. Property owners had the initial lease rates at 64% above the average lease rate in Lansdale’s downtown. There has been considerable interest in this prime location and we have toured scores of prospects through the site. However, as a result of the higher lease rates securing a tenant proved insurmountable. As a result the first floor commercial space sat vacant for more than five years, until now. Solution: The property owners reevaluated their lease rates, adjusted them to align with the community’s norms and have now begun to lease the spaces. #makeitmontco #chamberGMC #discoverlansdale #northpennnow #johnernst #soleillunahairsalon #barthconsultinggroup