New Construction
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New Construction

Dial Realty of Kansas City Inc. is developing Hartman Heritage Center a 225 000 sq.ft. power center located on 22 acres in Independence MO. The project is located at the signalized intersection of Interstate 20 and Little Blue Parkway which has an average daily traffic count of 90 000 vehicles. Spaces are available between 1 500 sq.ft. to 45 000 sq.ft. and outlots of 45 000 sq.ft. and 58 000 sq.ft. also are available. Anchors will include SteinMart Linens ‘n Things Cost Plus and Borders. Other tenants include Pier 1 and Dress Barn. Area demographics include a population of 101 073 residing in a five-mile radius earning an average income of $53 848. Major retailers in the surrounding area include Dillards Sears Jones AMC Kohl’s Barnes & Noble Costco Lowe’s and Target. Market rent is $15 to $20 psf the asking rent is $17 to $22 psf and CAM is $1.80 psf.

For more information contact Jeff A. Haney Dial Realty of Kansas City Inc. 8205 West 108th Terrace Suite 120 Overland Park KS 66210; 913-339-6969 Fax 913-339-6728; Email: jhaney@dialre.com.

CarrAmerica Urban Development LLC is developing Terrell Place a 478 000 sq.ft. office and retail development in Washington DC. The project is located at 575 Seventh Street Northwest and will consist of 439 000 sq.ft. of office space and 39 000 sq.ft. of retail space. Construction is scheduled to be complete by August 2003.

For more information contact CarrAmerica Realty Corporation 1850 K Street Northwest Suite 500 Washington DC 20006; 202-729-7500 Fax 202-729-1150; Web site: www.carramerica.com.

Sleiman Enterprises has proposed the development of The Retail Center at Regency in Jacksonville FL. The project calls for four structures totaling 275 066 sq.ft. comprising stores of 197 521 sq.ft. 30 000 sq.ft. 29 920 sq.ft. and 17 625 sq.ft. and five outparcels of 0.91 to 1.26 acres.

For more information contact Sleiman Enterprises 4347 University Boulevard South Suite 10 Jacksonville FL 32216-4977; 904-731-8806 Fax 904-731-1109.

S.E. Spohn Construction Company is developing Grand Point on 13-acres in Grandville MI. The project will feature a 27 000 sq.ft. La-Z-Boy an International House of Pancakes and a DSW shoe store. The development also includes two office buildings of 13 000 sq.ft. and 28 000 sq.ft. and a 10 000 sq.ft. retail building.

For more information contact Jeff Smith S.E. Spohn Construction Company 5084 Exchange Drive Flint MI 48507; 810-230-2424 Fax 810-230-2428.

Prost Builders Inc. proposed a 43-acre development at the intersection of Route Y and U.S. 63 in Ashland MO called Ashland Crossing. The project will include a grocery store department store hotel restaurants a gas station an apartment complex for seniors retail stores offices and a distribution warehouse. If city officials approve the proposal construction is slated to begin in the Spring with stores opening eight months later.

For more information contact Prost Builders Inc. PO Box 1727 Jefferson City MO 65102; 573-635-0211 Fax 573-634-2442; Web site: www.prostbuilders.com.

Petrovich Development Company is developing a retail and apartment complex on 19th Street in Sacramento CA. The project will be anchored by a 50 000 sq.ft. supermarket. A supermarket has not been signed but the developer expects Safeway to join the complex.

For more information contact Paul S. Petrovich Petrovich Development Company 6238 Birdcage Street Citrus Heights CA 95610-5949; 916-722-4600 Fax 916-722-4607; Web site: www.petrovichdevelopment.com.

Talon Development Group Inc. is developing a retail center in Grand Blanc MI. The development is located on 50 acres at the intersection of Hill Road which has an average daily traffic count of 24 266 vehicles and Interstate 75 which has an average daily traffic count of 30 000 vehicles. The project has 1 700 feet of frontage on Interstate 75. Nearby retailers include Meijers and a Home Depot that is under construction.

For more information contact Talon Development Group Inc. 40900 Woodward Avenue Suite 100 Bloomfield Hills MI 48304; 248-723-1700 Fax 248-723-6922.

DLC Management Corp. proposed a redevelopment of the Levittown Shopping Center in Levittown PA. The plan includes box stores restaurants a small strip center and a Home Depot. The 597 300 sq.ft. center is located at the intersection of Route 13 and Levittown Parkway.

For more information contact Michael Cohen or Paul Monaco DLC Management Corp. 580 White Plans Road Tarrytown NJ 10591; 914-631-3131 Fax 914-631-6533; Web site: www.dlcmgmt.com.

E.J. Plesko & Associates Inc. is developing a shopping center on 25 acres in Sacramento CA. The center will be anchored by a Target.

For more information contact Terry Furmanek E.J. Plesko & Associates 2140 Professional Drive Suite 200 Roseville CA 95661-3734; 916-782-8400 Fax 916-782-5533.

Karns Commercial Real Estate Inc. is developing Ennis Plaza a 30 000 sq.ft. shopping center in Ennis TX. Located on 3.5 acres at the intersection of Main Street and Interstate 45 the project has available spaces of 1 000 sq.ft and 5 000 sq.ft. Construction is expected to begin in January and the center is slated to open in June 2002. Tenants include Dollar Tree and Chili’s and the project is adjacent to a Super Wal*Mart. Area demographics include a population of 22 382 residing in a five-mile radius earning an average household income of $53 600. Asking rent is $15 psf CAM is $0.90 psf and taxes are $1.25 psf.

For more information contact Robert Baker Karns Commercial Real Estate Inc. 6676 Lakewood Boulevard Dallas TX 75214 214-826-5300 Fax 214-826-5880; Email: rhb@karnscommercial.com.

 

Cencor Realty Services and Haggard Properties are planning a 120 000 sq.ft. to 130 000 sq.ft. retail development in Plano TX. If approved the 15-acre project will be called Windhaven Pavillion. In addition the company is considering a 70 000 sq.ft. expansion to Windhaven Plaza a 181 000 sq.ft. center that is anchored by a Kroger and Academy Sports.

For more information contact David Wilson Cencor Realty Services 3102 Maple Avenue Suite 500 Dallas TX 75201; 214-720-3609 214-953-0860; Web site: www.weitzmangroup.com.

Gulfside Development Inc. is developing Downtown Dadeland a $150 million mixed-use re-urbanization project at the intersection of North Kendall Drive and Dadeland Boulevard in Dadeland FL. The 7.5-acre site which formerly housed a Cadillac dealership will include 330 condominium residences and 150 000 sq.ft. of retail space as well as office space. Tenants will include Borders book store Office Depot and Starbucks. Construction is expected to begin in Spring 2002 with completion slated for early 2004.

For more information contact Jackson Ward Gulfside Development Inc. 7700 Red Road South Miami FL 33143; 305-442-7008 Fax 305-662-4168.