California Alameda Point Partners, a joint venture led by Trammell Crow Residential, and which includes srmERNST Development Partners, Madison Marquette, Eden Housing and Cypress Equity Investments, plans to develop Alameda Point. The project will convert the 68-acre former Alameda Naval Air Station, which closed in 1997. The mixed-use development will ultimately include 800 residential units, up to 600,000 sq ft of commercial space, 15 acres of parks and public open space, and the Seaplane Lagoon Ferry Terminal. Construction of infrastructure for phase one of the 30-acre Site A is expected to begin soon, with vertical construction beginning by year end. The first residential units are expected to be completed by the second half of 2019. The overall project is valued at $1 billion. Alameda Point Partners LLC, 2220 Livingston St., Oakland, 94606. DR#14-00514904.
Florida Walton Development is planning to build Village at Midway, a mixed-use project, on a 516-acre site at 9850 W. Midway Rd. in Fort Pierce. The development will include up to 650 single- and multifamily homes, a 160,000-sq-ft shopping center, a 10,000-sq-ft fast-food restaurant, a 25,000-sq-ft full-service restaurant, 1.5 million sq ft of warehouses and 1.2 million sq ft for light industrial use. The project is valued between $200 million and $250 million. Walton Development, 4800 N. Scottsdale Rd., Scottsdale, Ariz. 85251. DR#16-00433327.