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New Construction
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New Construction Falcon Development is preleasing space located on Lee Vista in Orlando, FL. Phase II is slated to open during October with spaces of 1,400 sq.ft. to 4,000 sq.ft. available. Tenants include Starbucks. The company also is preleasing space of 1,360 sq.ft.; 1,700 sq.ft. and 3,400 sq.ft. as an outparcel to a Wal*Mart Supercenter in Greeley, CO. Opening is slated for October 2007. Area demographics include a population of 214,246 within 10 miles earning $56,152 as the average household income. For more information, contact Charlotte Manley, Falcon Development, 4201 Vineland Road, Suite I-14, Orlando, FL 32811; 407-650-9100, Fax 407-650-1999; Email: charlotte@falcondevelopment.net ; Web site: www.falcondevelopment.net .
The Triad Group is preleasing a 70,000 sq.ft. center located on Talcottville Road in Vernon, CT. The site has an average daily traffic count of 75,000 vehicles. The center also has two 6,000 sq.ft. pad sites available. Area demographics include a population of 76,771 within five miles earning $69,061 as the average household income. For more information, contact Gary S. Rothkopf, The Triad Group, 930 Commonwealth Avenue, South Boston, MA 02215; 617-566-2703, Fax 617-264-6292; Email: gary@thetriadgroup.com ; Web site: www.thetriadgroup.com .
Armstrong Development is preleasing Westminster Crossings, a center located at the intersection of Interstate 25 and 136th Avenue in Westminster, CO. The center will be anchored by Lowe’s Home Improvement. Area demographics include a population of 183,933 within five miles earning $81,093 as the average household income. The site has an average daily traffic count of 70,374 vehicles. For more information, contact Armstrong Development, Birmingham Towers, 2100 Wharton Street, Suite 700, Pittsburgh, PA 15203; 412-381-1122, Fax 412-381-1123. Or contact Robert Frisch, 999 Eighteenth Street, Suite 2700, Denver, CO 80202; 303-357-4601, Fax 303-357-4605; Email: bfrisch@agoc.com .
Holladay Properties is developing Heritage Square, a 237,000 sq.ft. open-air lifestyle center located in South Bend/Mishawaka, IN. The center will include national, regional and local retailers, restaurants and a 70,000 sq.ft. Martin’s Gourmet Food Market. An additional 65,640 sq.ft. of space at Heritage Square is in various stages of the leasing process. For more information, contact Michael Dunham, Holladay Properties, 227 South Main Street, Suite 300, South Bend, IN 46601; 513-772-3415 or 513-509-9331, Fax 574-284-3790; Web site: www.holladayproperties.com .
Mid-America Development Partners, LLC is planning to develop a 49,500 sq.ft. center located at the northeast corner of Lake-Cook and Weiland Roads in Wheeling, IL. The center will be situated on a land area of 5.6 acres and will include 39,500 sq.ft. of retail space with a 20,000 sq.ft. Staples store and a 5,875 sq.ft. T.G.I. Friday’s restaurant. On the remaining one acre, Fifth Third Bank is planning to open a branch. For more information, contact Mid-America Development Partners, LLC, 1110 Jorie Boulevard, Suite 350, Oak Brook, IL 60523; 630-954-7700, Fax 630-954-7701; Web site: www.midamdevelopment.com .
Carolina Holdings, Inc. and Carolina Resources, LLC are jointly developing The Village Marketplace, a 22-acre specialty retail center at the Village at Pelham, a 130-acre master-planned healthcare and wellness complex in Greer, SC. The proposed development is located at the intersection of Highway 14 and Westmoreland Road, less than a mile from Interstate 85. The site will include a 125,000 sq.ft. center tenanted by a supermarket, pharmacy, bank, restaurants and service establishments. Site construction and infrastructure has begun with the initial store openings scheduled for fall 2007. For more information, contact Richelle M. Doney, Carolina Holdings, Inc., 300 North Main Street, Suite 402, Greenville, SC 29601; 864-272-0088, Fax 864-272-0078; Web site: www.choldings.com .
Coldwell Banker Commercial Rosner & Associates is preleasing Venezia Square, a 45,000 sq.ft. center located on Route 25A in Wading River, NY. Opening is slated for spring 2007. Area demographics include a population of 40,469 within five miles earning $92,375 as the average household income. For more information, contact Lee Rosner, Coldwell Banker Commercial Rosner & Associates, 3124 Expressway Drive South, Islandia, NY 11749-5013; 631-232-4400 Ext. 113; Email: lrosner@cbcli.com .
Duckett-Wilson Development Co. is developing Phase I of the Paddison Square Shopping Center redevelopment and expansion project located at the northwest corner of Imperial Highway and Norwalk Boulevard in Norwalk, CA. The 300,000 sq.ft. center is anchored by Target, Payless Foods, Rite Aid, CSK Kragen Auto Parts, Bank of America and Union Bank. Phase I of the redevelopment project includes a complete exterior remodel and site development of the original center, in addition to the construction of 13,000 sq.ft. of new retail shop space, which will include a Payless ShoeSource store. Phase II of the project will include an additional 15,000 sq.ft. of retail space and an Applebee’s Neighborhood Bar & Grill. For more information, contact Troy G. Beamis, Duckett-Wilson Development Co., 11150 Santa Monica Boulevard, Suite 760, Los Angeles, CA 90025-3392; 310-478-8757.
The Standard Group is developing a center located at the intersection of U.S. Route 23 and Tecumseh in Dundee, MI. The proposed development plan includes an 8,160 sq.ft. multi-tenant center with a drive-thru endcap position and inline space available. Area retail includes Bob Evans, Lone Star Steakhouse and Applebee’s. The site has an average daily traffic count of 55,000 vehicles. Area demographics include a population of 16,190 within seven miles earning $68,200 as the average household income. The company also is developing a 5,550 sq.ft. center located at the intersection of Speedway Boulevard and Stone Avenue in Tucson, AZ. The site has an average daily traffic count of 67,900 vehicles. Area demographics include a population of 280,108 within five miles earning $42,747 as the average household income. The company also is developing a center located at the intersection of Interstate 84 and American Legion Boulevard in Mountain Home, ID. Area retail includes Wal*Mart Supercenter, McDonald’s and Wendy’s. The site has an average daily traffic count of 28,000 vehicles. Area demographics include a population of 17,190 within seven miles earning $49,285 as the average household income. For more information, contact Walter Wahlfeldt, The Standard Group, 20 North Wacker Drive, Suite 2275, Chicago, IL 60606; 312-541-9090, Fax 312-541-8990; Email: wwahlfeldt@standardgrp.com ; Web site: www.standardgrp.com . For more information regarding the site in Tucson, contact Joe Brady; Email: jbrady@standardgrp.com . For more information regarding the site in Mountain Home, ID, contact Carl Swanberg, The Standard Group, 1401 Highland Avenue, Suite 201, Manhattan Beach, CA 90266; 310-545-4493, Fax 310-545-1853; Email: cswanberg@standardgrp.com .
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