Development

Housing deliveries are down for the year, but with a shortage of housing in the market, development is picking back up.

With Trendmaker's Rancho Sienna home offerings, supply and demand come together for a Texas-sized development: a 500-acre master-planned community located in the North Austin city of Georgetown.

The center, which will be based on the university's campus in Urbana-Champaign, will serve as a global hub for the technology that will drive the manufacturing plants, medical environments, autonomous vehicles and smart homes of the future.

The new initiative will explore developing under-utilized properties that can bolster transit-oriented development and optimize the value of assets across the state.

When complete, CityLine Sunnyvale will feature new residences, retail/entertainment and office space planned across 36 acres in downtown along with a new Whole Foods Market and AMC Theaters nearby.

Aria Flats is in close proximity to the downtown Redmond light rail extension currently under construction and steps away from transit connections offering easy access to neighboring communities.

The developer of a 144-unit multifamily property has secured a loan to refinance an existing construction loan.

The proposed plan encompasses 2.6 million SF of the firm's 6.9 million-SF future development pipeline in the area.