10 Large Mixed-Use Projects in the Works

10. Buckhead Atlanta in Atlanta/800,000 sq. ft.

Developed by Oliver McMillan, this 800,000-sq.-ft.-plus Atlanta property will span several city blocks. It will be comprised of 400,000 sq. ft. of high-rise residential space, 300,000 sq. ft. of luxury retail and 100,000 sq. ft. of class-A office space. Retail, office and residential components of the project are slated for completion in mid-2014.

9. Downtown East in Minneapolis/approximately 1.2 million sq. ft.

This $400 million project, encompassing five blocks in downtown Minneapolis, will combine 1.2 million sq. ft. of office space in two 17-story towers with 28,000 sq. ft. of retail on the ground level and 420 residential units delivered in two phases. Developed by the Ryan Cos. it will be connected via a skyway to the Vikings Stadium and is expected to spearhead the revitalization of Minneapolis’ Downtown East neighborhood. Downtown East is scheduled for completion in January 2016.

8. Comcast Innovation and Technology Center in Philadelphia/1.57 million sq. ft.

The product of a collaboration between the Comcast Corp. and Liberty Property Trust, this $1.2 billion, 1.57-million-sq.-ft. Philadelphia development will include an office component, a 200-plus-room Four Seasons hotel and restaurants and shops on the ground level. Designed by Lord Norman Foster and rising 1,121 feet, it will be the largest private development project in the city’s history.

7. Wilshire Grand in Los Angeles/1.7 million sq. ft.

This Los Angeles redevelopment project by Korean Air will feature a 900-room luxury hotel, 400,000 sq. ft. of class-A office space and 45,100 sq. ft. of shops and restaurants. The $1 billion development is scheduled to open in 2017.

6. Avalon in Alpharetta, Ga./2.4 million sq. ft.

Scheduled to open in the second half of this year, North American Properties’ $600 million, 2.4-million-sq.-ft. project in Alpharetta, Ga. will feature 250 luxury rental units, 101 single-family homes, 750,000 sq. ft. of class-A office space, 570,000 sq. ft. of retail and a 300-room four-star hotel. When completed, Avalon should benefit from being located in one of the most affluent trade areas in the United States.

5. 3 World Trade Center in New York City/2.8 million sq. ft

This 2.8-million-sq.-ft. tower built on the site of the former World Trade Center will combine class-A office space with five floors of retail at and below grade. The Port Authority of New York and New Jersey is behind the project, scheduled for opening in 2016. Photo by Joe Woolhead

4. Spring District in Bellevue, Wash./5.3 million sq. ft.

The result of a collaboration between Shorenstein Properties and Wright Runstad & Co., this 5.3-million-sq.-ft. development in Bellevue, Wash. will combine 3.7 million sq. ft. of office space with 1.2 million sq. ft. of residential space in 1,100 units and 365,000 sq. ft. of hotel and retail space. Construction on Phase I of the project, which includes 560 residential units, 1.5 million sq. ft. of office space and 31,000 sq. ft. of retail, started in the second quarter of 2013, with completion scheduled for 2018.

3. Brickell City Centre in Miami/5.4 million sq. ft.

This $1.05 billion, 5.4-million-sq.-ft. development in Miami’s financial district is slated to include a 530,000-sq.-ft. retail center, 120,000 sq. ft. of office space, two residential towers containing 800 condominium units, a 263-room EAST hotel, a 120,000-sq.-ft. wellness center and 3,100 parking spaces, among other amenities. Swire Properties is building this project, which started construction in 2012 and is projected to be completed in 2015.

1. Springwoods Village in Spring, Texas/9 million sq. ft.

This 1,800-acre master-planned community in north Harris County, Texas will include up to 5,000 residences, including luxury rental apartments and single-family homes that will accommodate up to 55,000 local residents and workers, some of them employees of ExxonMobil. In addition, the project is currently expected to offer up to 9 million sq. ft. of office, retail, medical and civic space. CDC Houston, a subsidiary of Coventry Development Corp., is building Springwoods Village, which is estimated to cost $10 billion.