New Construction
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New Construction

Welco Realty, Inc. is preleasing a 100,000 sq.ft. center located on Route 17 South in East Rutherford, NJ. The center will be anchored by a 30,000 sq.ft. Marshalls and tenanted by Rag Shops, Kid City, Panera Bread, Baja Fresh, Casual Male, Work-N-Gear, Game Stop and Fabco Shoes. The center has space available of 5,000 sq.ft. Opening is slated for March 2004. The company also is preleasing Waynechester Plaza, a 56,000 sq.ft. center located on Route 23 in Wayne, NJ. The center will be anchored by a 24,000 sq.ft. Michael’s store. Opening is slated for Spring 2004.

For more information, contact Welco Realty, 2525 Palmer Avenue, New Rochelle, NY 10801; 914-576-7500, Fax 914-576-7596.

Alberta Development Partners, LLC is planning to develop Southlands, a 1.5 million sq.ft. mixed-use center located at the intersection of East 470 and Smoky Hill Road in Aurora, CO. The center will feature town plazas, landmark clock towers, pop jet fountains, festivals, concerts, bistro restaurants and sidewalk cafes. Phase 1 of the project is slated for a Fall 2004 completion. The center also will contain 1,100 residential units and approximately 250,000 sq.ft. of commercial office space in its 301 acres.

For more information, contact Lindsay Evered or Valeria Quintanilla, Alberta Development Partners, 5460 South Quebec, Greenwood Village, CO 80111; 303-292-6655.

Coldwell Banker Commercial Mountain West Real Estate, LLC is preleasing a 57,000 sq.ft. center located at the intersection of Highway 99 North and Grandhaven Drive in McMinnville, OR with an average daily traffic count of 30,000 vehicles. The center is anchored by Wilco Farmers. Area retail includes Wal*Mart, Arby’s, Jack-In-The-Box and WinCo Foods. The center has spaces available of 10,500 sq.ft. to 57,000 sq.ft. Area demographics include a population of 51,693 within five miles earning $54,092 as the average household income.

For more information, contact Alex Rhoten, Coldwell Banker Commercial Mountain West Real Estate, LLC, 698 12th Street, Suite 100, Salem, OR 97301; 503-587-4777, Fax 503-588-3514.

United Commercial Realty is preleasing a property situated on a land area of 99.5 acres located at the intersection of Loop 410 and State Highway 151 in San Antonio, TX. Area demographics include a population within five miles earing $51,596 as the average household income.

For more information, contact United Commercial Realty, 7001 Preston Road, Suite 222, Dallas, TX 75205; 214-526-6262.

The Development Corp. of Columbia Heights, in partnership with Grid Properties of New York, is developing D.C. USA, a 540,000 square foot retail and entertainment complex located near the Columbia Heights metro station at 14th and Irving Streets in Washington, DC. The center will be tenanted by a 169,000 sq.ft. Target, with interest from retailers such as Whole Foods, Bed Bath & Beyond, Best Buy, Marshall’s, Borders Books and Music, World Market and Pier 1 Imports. Starbucks has expressed interest in a ground floor corner location for its first Columbia Heights store. Approximately 15,000 square feet has been set aside for local and neighborhood businesses. In addition, the development will house a health club, bowling alley, community meeting space and 1,300 underground parking spaces.

For more information, contact The Development Corp. of Columbia Heights, 3419 14th Street NW, Washington, DC 20010; 202-483-4986, Fax 202-483-4982.

CBL & Associates Properties, Inc. is developing Coastal Grand Myrtle Beach Mall located along the U.S. 17 Bypass in Myrtle Beach, SC. The center will be anchored by Belk, Sears and Dillards and tenanted by Bed Bath & Beyond, Dick’s Sporting Goods, Abercrombie & Fitch, Hollister & Co., Preservation Station, PetsMart and a 14-screen Cinemark theater. The 1.5 million sq.ft. mall will include space for five department stores, up to five large-space specialty retailers as well as additional space of 300,000 sq.ft.; 35,000 sq.ft. of restaurant space and up to 20 outparcels for freestanding businesses.

For more information, contact CBL & Associates Properties, Inc., 2030 Hamilton Place Boulevard, Chattanooga, TN 37421-6000; 423-855-0001, Fax 423-490-8662.

Tri-Land Properties, Inc. is developing Century Plaza, a 470,296 sq.ft. center located at the intersection of U.S. Route 53 and U.S. Route 30 in Merrillville, IN with an average daily traffic count of 90,420 vehicles. The site is anchored by Burlington Coat Factory. Area retail includes Wal*Mart, Target, Home Depot, Sports Authority, Lowe’s Home Improvement, PetsMart, Petco, Sam’s Club, JCPenney Home Store, Best Buy, Barnes & Noble and Office Depot. Area demographics include a population of 351,933 within 10 miles earning $55,355 as the average household income.

For more information, contact Tri-Land Properties, Inc., One Westbrook Corporate Center, Suite 520, Westchester, IL 60154; 800-441-7032 and 708-531-8210, Fax 708-531-8217; Web site: www.trilandproperties.com.

General Growth Properties, Inc. is developing The Shops at Gateway Crossings, a center located at the intersection of U.S. 24 and Jerome Road in Maumee, OH. The site plan calls for the construction of an open-air streetscape center situated on a land area of 130 acres. The center will include department stores, a book store, a sporting goods retailer, a 20-screen theater and a village of small shops and restaurants. Opening is slated for Summer 2005.

For more information, contact David Keating, General Growth Properties, Inc., 110 North Wacker Drive, Chicago, IL 60606; 312-960-6325, Fax 312-960-5484; Web site: www.generalgrowth.com.

Talon Development Group, Inc. is developing a center located at the intersection of Hill Road and Fenton Road in Mundy Township, MI with an average daily traffic count of 87,097 vehicles. The center is situated on a land area of 30 acres. Area demographics include a population of 103,311 within five miles earning $56,125 as the average household income. Area retail includes Meijers and Home Depot.

For more information, contact Cathy P. Wilson, Talon Development Group, Inc., 550 Hulet Drive, Suite 103, Bloomfield Hills, MI 48302; 248-334-1950, Fax 248-334-1915; Email: cwilson@talondev.com.

The Corky McMillin Cos. is developing Torrey Highlands Village Center located at the intersection of State Route 56 and Camino del Sur in San Diego, CA. The center is situated on a land area of 7.96 acres and is anchored by Albertsons. Cotenants include Wells Fargo Bank, Peet’s Coffee, The UPS Store and Pick Up Stix. Opening is slated for April 2004. Demographics include a population within two miles earning $95,493 as the average household income.

For more information, contact The Corky McMillin Cos., 2727 Hoover Avenue, National City, CA 91950; 619-477-4117, Fax 619-336-3114; Web site: www.mcmillin.com.

Land Capital Group, Inc. is planning to develop an outparcel located at the intersection of Providence and Bloomingdale in Hillsborough County, FL. The parcel is located directly in front of Bloomingdale Hills Shopping Center, an Albertsons-anchored center. Plans call for a Hollywood Video and additional small shop spaces.

For more information, contact Land Capital Group, Inc., 1741 Sidewinder Drive, Suite 201, Park City, UT 84060; 435-940-0778.