News

February 6, 2020
McCaffery is proud to have earned LEED® Gold Certification for their Fulton Market development, Twelve01West. Twelve01West has earned the sustainability-focused designation in part due to: extensive green roofs; light-colored roofing materials; reduced water usage; and all-LED lighting. Additionally, at least 75% of all construction waste materials were diverted from area landfills.
February 4, 2020
Jason Stewart and Kelsey Kanspedos | Pittsburgh Business Times
The McCaffery team has had an active presence in Pittsburgh for more than 15 years. Their presence began prior to the 2006 opening of the adaptive reuse Armstrong Cork Factory and then on to the development of Lot 24 in 2012. In total, McCaffery has developed, leased or managed 868 apartments in the city of Pittsburgh, in turn showing their dedication to the community by developing places which bring people together. In 2019, McCaffery broke ground on their largest project in the city, the redevelopment of the historic Produce Terminal into the Strip District Terminal and the building at 1600...
February 3, 2020
Chuck Sudo | Senior Housing News
Solera broke ground last October on Modena Reserve at Kensington, a $75 million, 135-unit community in Kensington, Maryland with independent living, assisted living and memory care, in a partnership with Chicago-based real estate developer, McCaffery Interests. Modena Reserve is McCaffery’s first venture into senior living, and CEO Dan McCaffery told SHN it is only the beginning. The McCaffery-Solera JV is close to securing a second site in the Washington, D.C. market and is scouting other opportunities in what may eventually become a $500 million development pipeline.
January 17, 2020
Brandon Mendoza | NAIOP Pittsburgh Chapter
Developer of the Year: This goes to McCaffery. McCaffery has had an active presence in Pittsburgh for more than 15 years. Beginning prior to the 2006 opening of the adaptive re-use Armstrong Cork Factory, which received the Urban Land Institute's Award for Excellence in 2009, then on to the development Lot 24 in 2012, followed by our development consulting, management and leasing in partnership Oxford Development on The Yards at 3 Crossings in 2016, and most recently Coda on Centre which opened in 2018. In 2019, McCaffery broke ground on their largest project yet in the city, the...
January 6, 2020
Michael Machosky | NEXT Pittsburgh
Construction is underway throughout Pittsburgh, which will soon look very different in certain areas. To help you track what’s what, we rounded up the biggest developments to watch that are in motion now or scheduled to be this year. The multi-block Produce Terminal is being redeveloped by McCaffery Interests into a $62 million, 163,500-square-foot mixed-use complex that will include office space, restaurants and retail.
December 30, 2019
CS Modern Luxury
Discover the finest in Chicago real estate and furnishings. Much-lauded designer Christopher Peacock is rarely asked to do kitchens for a development, but The Orchard, which is planned to deliver in Lincoln Park in 2020, is going all in for handcrafted custom Christopher Peacock cabinetry. INSIDER’S TIP: When you want to get out of your kitchen, head to your private terrace. Each unit has large outdoor spaces complete with ceiling-mounted radiant heaters for year-round enjoyment.
November 12, 2019
Paul Bubny | Connect Chicago
The scholarship funds include the new Louis and Ruth Kahnweiler Scholarship Fund established with a $1-million donation. Additionally, scholarships were expanded from three existing programs: The Duke DREAM Fund, McCaffery Interests Inc. Fund, and the Northern Builders Future Leaders in Industrial Real Estate Fund. Also announced at MBIRE’s 18th annual Real Estate Gala was a $500,000 grant from The Bennett Family Foundation in honor of the late Marshall Bennett. “We are grateful for the generosity, support and engagement of these leading companies and their leadership,” said Collete...
October 30, 2019
Chuck Sudo | Senior Housing News
McCaffery Interests’ entry into senior housing can be summed up in three words. “Development follows demand,” CEO Dan McCaffery told Senior Housing News. The Chicago-based developer broke ground last week on Modena Reserve at Kensington, a $75 million, 135-unit community with independent living, assisted living and memory care in Kensington, Maryland with operating partner, Denver-based Solera Senior Living.
October 15, 2019
Luke Torrance | Pittsburgh Business Times
In Monday's announcement, the company confirmed that the project was still on schedule to meet that goal and said that construction had started up only a few days after the fire. In his comments last month, McCaffery said he was optimistic the building would be okay because it was strong brick and steel structure. He also praised the fire department for responding to the scene quickly and minimizing damage. The fire started at 4:30 a.m. and was contained within three hours.
October 14, 2019
McCaffery
McCaffery is pleased to announce that following the fire incident on September 30th, 1600 Smallman has been inspected and construction at the office/retail development has resumed. The building remains on track to deliver to tenants in Spring 2020.

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