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New Construction
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New Constructions Ronus Properties is preleasing Meyerland Plaza, a 926,908 sq.ft. center located at the intersection of Interstate 610 South and Beachnut Road in Houston, TX with an average daily traffic count of 181,000 vehicles. The center is anchored by Bed Bath & Beyond, Palais Royal, Ross Dress For Less, Old Navy, JCPenney, Stein Mart, 24 Hour Fitness, OfficeMax and Marshall’s. Opening is slated for November 2004. Phase II expansion is slated to take place this year. Area demographics include a population of 1,423,897 within 10 miles earning $65,086 as the average household income.
For more information, contact Jackie Wommock,
Ronus Properties, 3290 Northside Parkway, Suite 250, Atlanta, GA 30327;
678-553-4040, Fax 678-553-4001. Breslin Realty Development Corp. is preleasing Phase III of The Hub, a center located on the south side of Hempstead Turnpike, between Cathedral Avenue and North Franklin Street in Hempstead, NY. The center is situated on a land area of 28 acres and is anchored by Home Depot, Stop & Shop, Old Navy and Chuck E. Cheese. Tenants include AT&T, Burger King, Ashley Stuart, GNC, Chase Manhattan Bank, Avenue, Payless Shoes, Subway and GameStop. Area demographics include a population of 585,029 within five miles earning $90,229 as the average household income.
For more information, contact Breslin Realty
Development Corp., 500 Old Country Road, Garden City, NY 11530; 516-741-7400,
Fax 516-741-5621. Mercury Properties is planning to develop a Home Depot at the site of a former Bradlees at Parkway Plaza, a center located at the intersection of Route 1 and Revere Beach Parkway in Chelsea, MA. The balance of the site will also be redeveloped. The project is slated for a Summer completion. Area demographics include a population of 409,141 within five miles earning $45,604 as the average household income. For more information, contact Mark Doherty, Mercury Properties, 120 Presidential Way, Suite 300, Woburn, MA 01801; 781-926-6200, Fax781-938-5674; Email:mdoherty@mercuryproperties.com.
For more information, contact Scott Black, The Dartmouth Co., 351 Newbury Street, Boston, MA 02115; 617-262-6620, Fax 617-262-1806; Web site: www.dartco.com.
For more information, contact New England
Development, One Wells Avenue, Newton, MA 02459-3211; 617-965-8700, Fax
617-243-7385; Web site: www.nedevelopment.com. Edgewood Properties is preleasing Broad Street Plaza, a center located at the intersection of Broad Street and State Highway Route 34 in Matawan, NJ. The center has a proposed 15,120 sq.ft. Walgreens and three proposed buildings of 11,025 sq.ft.; 11,550 sq.ft. and 12,000 sq.ft. Area demographics include a population of 58,155 within three miles earning $77,131 as the average household income.
For more information, contact Edgewood
Properties, 1260 Stelton Road, Piscataway, NJ 08854; 732-985-1900. The Flatley Co. is redeveloping Dedham Center, a 549,708 sq.ft. center located along U.S. Route 1 in Dedham, MA. The center is anchored by Sears, T.J. Maxx, DSW Shoe Warehouse, Linens ‘N Things and Old Navy. Outparcel users include Circuit City, Stop & Shop and Pizzeria Uno. The site has an average daily traffic count of 82,000 vehicles.
For more information, contact The Flatley Co., 50
Braintree Hill Office Park, Braintree, MA 02184; 781-848-2000. Lincoln Harris is developing Patterson Place, a 445,000 sq.ft. center located at the intersection of Interstate 40 and Highway 15-501 in Durham, NC. Phase I of the center has small shop space and junior anchor positions available, as well as restaurant sites. Anchors include Kohl’s, Kroger, PetsMart, A.C. Moore and Bed Bath & Beyond. The center also has office space available of 19,500 sq.ft. and is part of a 202-acre master-planned, mixed-use development with over 571,600 sq.ft. of retail, 560,000 sq.ft. of proposed office space and 1,230 multi-family units (784 existing units). Area demographics include a population of 267,038 within 10 miles earning $56,748 as the average household income.
For more information, contact Walker Hobson,
Lincoln Harris, 3000 RDU Center Drive, Morrisville, NC 26560; 919-840-8040 Ext.
4007, Fax919-840-0240;Email: whobson@lincolnharris.com;Website:
www.lincolnharris.com,Or contact Lincoln Harris at
100 North Tryon Street, Charlotte, NC
28202; 704-714-7600; Email: info@lincolnharris.com. RED Development, LLC and The R.H. Johnson Co. are developing a 125,000 sq.ft. Home Depot at The Shoppes at North Village located on North Belt Highway in St. Joseph, MO. Construction will begin later this year. The 565,000 sq.ft. center is part of a 244-acre development. The company also is developing an 80,000 sq.ft. Kroger-anchored center located at the intersection of Ridge Road and Dallas Nebo Road in Paulding County, four miles south of Dallas, GA. Along with Kroger will be 25,000 sq.ft. of small shop space and two outparcels. The center is slated for an April opening.
For more information, contact John Bacon, RED
Development, LLC, 6263 North Scottsdale Road, Suite 222, Scottsdale, AZ 85250;
480-556-7751, Fax 480-947-7997; Thomas J. Klutznick Co. is planning to develop Sherman Plaza condominium and retail project in Sherman, IL. The company currently has over 165,000 sq.ft. leased. The center will have roughly 250,000 sq.ft. of retail and commercial space, including a 30,000 sq.ft. Barnes & Noble on two floors as one of the two anchor stores. A health club will take up another 90,000 sq.ft. For more information, contact Thomas J. Klutznick Co., 900 North Michigan Avenue, Suite 2050, Chicago, IL 60611; 312-280-1906, Fax 312-944-5987; Web site: www.tjkcompany.com. |