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New Construction
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New Construction Jeffrey R. Anderson Real Estate, Inc. is developing Rookwood Exchange, a 1.75 million sq.ft. center located at the intersection of Madison Road and Edwards Road in Cincinnati, OH with an average daily traffic count of 44,000 vehicles. Phase I includes 260,000 sq.ft. of retail; Phase II includes 180,000 sq.ft. of office space and 350,000 sq.ft. of retail space. Phase III will include 260,000 sq.ft. of retail space, 450,000 sq.ft. of office space and 250,000 sq.ft. of residential space. Tenants include P.F. Chang’s, Anthropologie, Z Gallerie, Banana Republic, Ann Taylor, Talbots/Talbots Woman, Eddie Bauer, White House/Black Market, Allen Edmonds, Baker Furniture, Wild Oats Market, Joseph Beth Booksellers, Origins, Abercrombie & Fitch, American Eagle, Pier 1 Imports, Buca di Beppo and Smith & Hawken. Area demographics include a population of 318,310 within five miles earning $47,699 as the average household income. For more information, contact Jeffrey R. Anderson Real Estate, Inc., 3805 Edwards Road, Suite 700, Cincinnati, OH 45209; 513-241-5800, Fax 513-241-2637; Web site: www.anderson-realestate.com.
LMS Commercial Real Estate is preleasing a development located at the intersection of Rocherty and Cornwall Roads in Lebanon, PA. The site is situated on a land area of 28.5 acres. Area demographics include a population of 58,758 within five miles earning $49,413 as the average household income. For more information, contact LMS Commercial Real Estate, 120 North Pointe Boulevard, Suite 301, Lancaster, PA 17601; 717-569-9373, Fax 717-560-9909; Web site: www.lms-pma.com.
Capital Realty & Development, LLC is developing Harrison Town Center, a 300,000 sq.ft. center located at the intersection of Route 322 and Route 55 in Harrison Township, NJ. Opening is slated for Spring 2005. The site will include four pad locations for restaurants, a fast-food restaurant, banking and junior anchors. The company also is developing Mantua Town Center, a 110,000 sq.ft. center located at the intersection of Bridgeton Pike and Mount Royal Road in Gloucester County, NJ. The center will be anchored by a 55,700 sq.ft. supermarket, 25,000 sq.ft. of small shop space and two pad locations. Opening is slated for Spring 2005. For more information, contact Capital Realty & Development, LLC, 1500 Executive Drive, Elgin, IL 60123; 847-841-7696, Fax 847-841-7698; Email: info@capitalrealty.us.
The Widewaters Group is preleasing a development located at the intersection of State Route 37 and O’Neil Road in Massena, NY with an average daily traffic count of 16,800 vehicles. Area retail includes BonTon, JCPenney, Sears, Wal*Mart, OfficeMax, BJ’s Wholesale Club, Hannaford Brothers, Aldi’s, P&C Foods and Big Lots. Area demographics include a population of 21,301 within 10 miles earning $40,097 as the average household income. For more information, contact Jim Lavelle, The Widewaters Group, 5786 Widewaters Parkway, PO Box 0003, DeWitt, NY 13214; 315-445-8613, Fax 315-445-8570; Email: jlavelle@widewaters.com.
Casto Lifestyle Properties is developing Whole Foods Market Centre located at the intersection of First and Second Streets, along Central Avenue in Sarasota, FL. Opening is slated for mid-2005. Current tenants include Starbucks, Aveda Salon, Ashley Avery Gift, Pino’s Restaurant and Washington Mutual. When completed, the center will include 60,000 sq.ft. of retail space, a 36,000 sq.ft. Whole Foods store and 24,000 sq.ft. of small shops. For more information, contact Casto Lifestyle Properties, 401 North Cattlemen Road, Suite 108, Sarasota, FL 34232; 941-552-2700, Fax 941-925-9562; Web site: www.castolp.com.
National Realty & Development Corp. is redeveloping Hawley Lane Plaza, a 340,960 sq.ft. center located at the intersection of Hawley Lane and Route 108 in Trumbull, CT. Opening is slated for March 2005. The site has an average daily traffic count of 33,000 vehicles. Area demographics include a population of 477,184 within 10 miles earning $76,407 as the average household income. For more information, contact National Realty & Development Corp., 3 Manhattanville Road, Purchase, NY 10577; 800-932-RENT; Web site: www.nrdc.com.
J.H. Snyder Co. is developing West Hollywood Gateway, a 245,000 sq.ft. center located at the intersection of La Brea Avenue and Santa Monica Boulevard in West Hollywood, CA with an average daily traffic count of 95,000 vehicles. The multi-use development will include small shop space and restaurants. Area demographics include a population of 959,696 within five miles earning $59,625 as the average household income. For more information, contact J.H. Snyder Co., 5757 Wilshire Boulevard, Penthouse 30, Los Angeles, CA 90036; 323-857-5546, Fax 323-857-7042; Email: mail@jhsnyder.net; Web site: www.jhsnyder.net.
Don Bennett & Associates, Inc. is developing Palm Valley Pavilions North, a 38,000 sq.ft. center located at the intersection of Litchfield Road and McDowell Road in Goodyear, AZ. The center will include inline shop space located across the street from the Target-anchored Palm Valley Pavilions East. The company also is developing Surprise Stadium Village, a 69-acre mixed-use project located at the intersection of Parkview Place, Bullard Avenue and Paradise Lane in Surprise, AZ. The development will consist of a park-like atmosphere equipped with water features and open space. The development is planned to include over 200,000 sq.ft. of retail development and approximately 180,000 sq.ft. of office space. Entertainment components are planned to include a multiplex movie theater, two hotels, restaurants and a full-service fitness center. The company also is developing Estrella Village, a 20-acre mixed-use development located at the intersection of Estrella Parkway and Roosevelt Road in Goodyear, AZ. The center will be located at the entrance to the future Goodyear City Center. Estrella Village is planned to have a mix of office, banking, restaurants, mid-sized retail and hotels. The site has commitments from a sports bar, national retailers and a national chain hotel. The development also is planned to include approximately 60,000 sq.ft. of office, 75,000 sq.ft. of retail and an 82-room all-suites hotel. The hotel is slated to open during next Fall. The company also is developing The Shops at Avondale Boulevard, a 34-acre mixed-use development located adjacent to Interstate 10 and Avondale Boulevard in Avondale, AZ. The Shops at Avondale Boulevard will be a mix of office space, banking, restaurants, mid-sized to boutique retail and at least one limited-service hotel. The site will contain approximately 330,000 sq.ft. of commercial development, including 124,000 sq.ft. of retail shops, 48,000 sq.ft. of pad space, 105,000 sq.ft. of garden-style office space, a 40,000 sq.ft. health club and a 100-room national chain hotel. For more information, contact Kevin Helland or Matthew Tafoya, Don Bennett & Associates, Inc., 250 North Litchfield Road, Suite 250 Goodyear, AZ 85338; 623-932-2000, Fax 623-932-1661; Web site: www.realdevelopment.com.
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