A joint venture between Crosland Southeast and Nuveen Real Estate has broken ground on Commonwealth, a 12-acre Plaza Midwood development featuring office, retail, hospitality and apartment spaces. The developers acquired the site for $50 million in November 2020. It includes two vintage buildings that were once home to Cole Manufacturing facility which will be highlighted by balconies on the new buildings as well as a road constructed to make the area more walkable.
Upon completion of this project, 383 units of apartments and 150,000 square feet of office space will be available with micro-retail opportunities showcased alongside murals created by local artists along with green wall installations.