Fortress Investment Group’s Post

Vistry and Citizen to deliver a further 600 homes in Coventry Vistry, the UK’s leading provider of mixed-tenure homes, is to deliver a further 608 homes across phases four and five of Eastern Green in Coventry, with half of them delivered in joint venture partnership with award-winning housing provider Citizen. Eastern Green is a sustainable urban extension of Coventry, with outline planning permission in place for 2,400 homes and other community services. Vistry and Citizen are already developing phase one, which is providing 247 homes. Across phases four and five, 304 of the homes will be sold on the open market via Vistry’s retail housing brands, with 152 homes delivered for Citizen via the site’s Section 106 agreement, and the balance of 152 homes delivered as ‘additional’ affordable homes thanks to the joint venture partnership. Alongside the new homes, the Urban Extension at Eastern Green is providing 15ha of new employment space, 10,000 sq m of retail space, a primary school, a new local centre and a convenience store, as well as a range of ecological enhancements. https://lnkd.in/ezTsE5Sf

🟢 ANGLIA SQUARE REGENERATION GETS £19M FUNDING BOOST 🟢 💼 Norwich City Council secured an additional £19m from Homes England, bringing total funding for the Anglia Square redevelopment to £34m. The project aims to transform the area with 1,100 new homes, public spaces, and commercial units. 💼 🏬 Key features include relocation support for existing traders, a box park for businesses, and an emphasis on affordable housing. Demolition work is set to start in spring 2025. 🏬 💥 This funding ensures the project can meet its goals of revitalising the city centre, creating a vibrant, community-focused hub with modern amenities and sustainable infrastructure. 💥

A resolution to redevelop the Shops at Sunset Place was recently approved in South Miami. This transformative plan aligns with a growing trend of converting underused shopping malls into residential communities to address the pressing housing shortage. The project, which includes over 1,500 residential units along with retail and office space, aims to breathe new life into the area and create a dynamic urban environment. Developments like this go beyond providing housing — integrating residential, commercial and recreational spaces promotes a lifestyle where people can live, work and socialize within one cohesive setting. Pebb Capital, with its own mixed-use developments like Sundy Village and The Press, is similarly committed to fostering communities that prioritize connection and economic growth. At its core, the goal is to build more than just structures; it’s about shaping neighborhoods that offer both convenience and a sense of belonging. These revitalizations transform vacant spaces into vibrant hubs, enriching a city's social and fiscal fabric in meaningful ways.

Monmouth County & Keansburg Redevelopment Update Keansburg, located in Monmouth County, New Jersey, is undergoing a significant transformation with the Baypoint Waterfront District project. This initiative will revitalize a previously neglected area by adding 700 luxury apartments and 45,000 square feet of space for restaurants, entertainment, and retail. The development aims to enhance the local economy and provide modern amenities for residents and visitors. Additionally, the project will include a large public green space and improved infrastructure, making Keansburg a vibrant and attractive destination. Monmouth County's Transformative Projects: As part of a series, we will explore various exciting redevelopment projects across Monmouth County, highlighting their impact on local communities and the broader real estate market. Each post will focus on a different area, showcasing unique features, economic benefits, and the vision behind these transformative initiatives. Upcoming Highlights: 1. Long Branch: A new mixed-use development featuring 299 housing units, a SuperFresh grocery store, and a neighborhood café, contributing to downtown revitalization. 2. Colts Neck: A residential development with 360 units in 15 three-story buildings, offering upscale amenities in a serene setting. 3. Eatontown: The Monmouth Square project, transforming the old Monmouth Mall into a modern open-air town center with 1,000 residential units and extensive retail space. Stay tuned as we delve into these developments and more, demonstrating how Monmouth County is evolving into a premier destination for living, working, and playing. #MonmouthCounty #BuilderToBroker #KeansburgRevitalization #CommunityGrowth #EconomicDevelopment #LuxuryLiving #RealEstate #UrbanRenewal

Bay Mills Indian Community has big plans underway to help address its residential and economic needs! The former King’s Club Casino site is being reimagined as a mixed-use facility, blending nine residential units with retail spaces. Estimated at $5.5 million, this project will drive housing and economic growth while creating a community-centered space. BMIC Planning Manager Brianna Gunka described it best, “We’re not just creating a place to live, but a community space where people can work, shop, and enjoy the waterfront.” Read more: https://lnkd.in/gEC7qhRm

What's next for Royal Capital and #FortWorth's Evans & Rosedale urban village development? I got more details on what will be a "very active" year for the project now that the vision has been unveiled: https://lnkd.in/d_cVkfYX

🏘️ From Mall to Masterpiece: The Transformation of Collin Creek Mall 🏗️ What used to be Plano's iconic Collin Creek Mall is now turning into a stunning new community! A row of sleek blue townhomes has sprung up as part of Centurion American’s $1 billion redevelopment project. Homes are officially for sale with move-in ready units available this month! This master-planned community is bringing 500 single-family homes, 2,300 multi-family units, and 300K sq. ft. of retail and restaurant space to the area, marking a major milestone for Plano’s growth. While we don’t recommend investing in Plano due to higher price points, it’s projects like these that show the power of what investing anywhere in the DFW metroplex can become. 🏙️ LEARN MORE ABOUT THE MARKETS WE RECOMMEND: https://lnkd.in/gXg4_-NV READ MORE: https://lnkd.in/gu92AdJx #DFWRealEstate #PlanoTX #CollinCreek #MetroplexInvesting #SlaughterInvesting

One West End is a holistic complex that will continue the legacy of a property with historic, cultural and community impact. The 12-acre site has been a destination for shopping and gathering in Atlanta for more than 50 years. Redevelopment of this landmark requires a balance of community engagement, sustainable solutions, and commitment to economic vitality. BRP Companies and Prusik Group have project plans that showcase a balance of commercial and residential uses. One West End will be a mixed-income, mixed-use development. Commercial space will include: 125,000 square feet of retail, with a grocery store, fitness center, food & beverage experiences, and local boutiques. Residential space will include: 800+ rental and student-targeted housing units; mixed-income rental housing, with 70% workforce and 30% affordable; and a hotel. Community amenities will include a public green space, fitness center, resident lounge, and bike parking. The multi-year redevelopment process is expected to begin in 2025, with Phase One completion slated for 2028. One West End will be a place to cherish Atlanta’s roots and embrace its future.

The London Legacy Development Corporation (LLDC) has formed a 50/50 joint venture partnership with Vistry Group for the delivery of 948 new homes in Pudding Mill Lane, Stratford.

Plans for the ambitious Birmingham Smithfield project are poised for approval once more, following a crucial amendment to the major city centre redevelopment proposal. - https://lnkd.in/eEp_HAU2 Also in today's newsletter... TT Group have been granted planning permission by the Planning Inspectorate for the redevelopment of an underutilised former BT car park in Watford town centre into 89 new homes, following a successful planning appeal. - https://lnkd.in/eC9YFWzN Hines has announced the sale of The Mint Building in Edinburgh, a prestigious property located on St Andrew Square, for £41 million. - https://lnkd.in/esUSR96M Wakefield-based firm, Strong Life Care, has acquired its fifth purpose-built care home, Hesslewood House Care Home in Hessle. - https://lnkd.in/e-tqJEcj Hoxton Capital Management has acquired Devine Financial Management Ltd., a financial advisory firm based in Southend and London. - https://lnkd.in/epdR-Yk5 Commerz Real AG has sold the fully-leased office and commercial building “Paternoster Square” in London in the course of the portfolio optimisation of its open-ended real estate fund hausInvest. - https://lnkd.in/eEgeUygS Schroders is proud to officially unveil its extensive solar farm installation at its Horsham campus, marking a significant milestone in the Group’s sustainability journey. - https://lnkd.in/e3iNbhZt Peabody and Crest Nicholson plc have announced a joint venture to build hundreds of new homes in Brackley, Northamptonshire. - https://lnkd.in/eqwFb-5E Focus Estate Fund today proudly announces the completion of its second shopping centre purchase in the UK. This strategic investment underscores the fund’s commitment to expanding its global portfolio, following its initial venture in Wrexham, Wales, with the retail park Island Green. - https://lnkd.in/e2prZXwj GS8, a market leading UK housebuilder specialising in planet-positive homes, today announced that it has received a significant strategic investment from TPG Angelo Gordon and Ridgeback Group to support the continued growth of the business. - https://lnkd.in/eD69z_Vm Colin Finlayson Lismore Real Estate Advisors Harpreet Banwait 💚 Meurig Edwards Tom Maddison Maja Procz Simon Barry Gordon Mole Joshua Gordon Mike Diana