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300 apartments at Subaru site

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Woodcrest Country Club will be preserved in perpetuity under a deal reached between owners and town officials . (Photo: JOHN ZIOMEK/Courier-Post) Story Highlights The Short Hills complex, to be made up entirely of affordable units , would be developed by Fair Share Housing Center , a Cherry Hill- based advocacy center for affordable housing . CHERRY HILL – A deal to preserve Woodcrest Country Club could put more than 800 apartments on commercial sites on the township's west side, including the current headquarters of Subaru of America. The plan, which needs a judge's approval, would include from 90 to 124 units for people with low and moderate incomes — part of an agreement to settle a 30- year court fight over Cherry Hill's affordable-housing obligation. Township officials have said the agreement would bar future development at the 180- acre country club . The club's owner, Cherry Hill Land Associates , had sued the township in an effort to build an 844- unit apa...

New complex to replace aging University Village near ASU

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A developer wants to demolish a 50-year-old apartment complex near Terrace and Rural roads to construct a multi-use building that would include 260 new apartment units . (Photo: Parker Leavitt/The Republic) Story Highlights University Village , built in the early 1960s, is set to be demolished near ASU The developer wants to replace the complex with a new student-housing community University Village 2 .0 would include 260 units and a small amount of commercial space An apartment community built in the early 1960s near Arizona State University will likely be demolished next summer to make way for a new five-story complex along Tempe’s light-rail corridor. Legacy Partners Residential , which manages University Village near Terrace and Rural roads, wants to build 260 apartments and a small amount of retail space on the five-acre property, according to city records. The neighborhood just east of ASU’s Tempe campus is home to several aging apartment complex es — built roughly 50 years ag...

Hermitage's Cherry Creek Apartments sold for $86.5M

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Cherry Creek Apartments, at 1100 Crystal Spring Lane off Central Pike in Hermitage, is BC Property Investments’ latest Nashville purchase. (Photo: Submitted) Story Highlights 627- unit community the third local acquisition for BC Property Investments LLC in just over two years A Miami- based real estate investment firm has bought the 627- unit Cherry Creek Apartments in Hermitage for $86.5 million. The deal is BC Property Investments LLC 's latest Nashville - area apartment acquisition in the past year and a half. Locally, the company owns the 624-unit Lakes of Bellevue apartments in Bellevue and the Viera Cool Springs apartments in Franklin. BC Property acquired Cherry Creek Apartments , which is at 1100 Crystal Spring Lane off Central Pike, from the Norfolk, Va.- based private real estate investment and management firm Harbor Group International . Amenities include three resort-style pools, tennis courts, a car care center , a pet park, fitness center, sand volleyball ...

Lieff Cabraser space prepped at 222

Development Aug 25, 2017   Share Also: Freeman Webb buys in Alabama; Turner releases quarterly report ; Cool Springs Hilton topped The space for the future Nashville office of Lieff Cabraser Heimann & Bernstein is being prepped at 222 2nd, the SoBro-based mixed-use tower soon to open. Thomas Constructors is handling the build-out, with a permit valued at $600,000. The building (pictured as a rendering in the center of the above photo) is located at 222 Second Ave. S. Nashville-based Gresham Smith & Partners designed the tower and will be a tenant. Lieff Cabraser is based in San Francisco. The local office operates at One Nashville Place in the CBD. Cool Springs Hilton topped The building to eventually house the 244-room, eight-story Hilton Franklin/Cool Springs Hotel has been topped. Developer Chartwell Hospitality has slated a ceremony to recognize the milestone for Tuesday, Aug. 29, according to a release. Once completed in summer 2018, the project will include a two...