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New Construction
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New Construction Boston Realty Advisors is preleasing The Needham Gateway Project, the former site of Berejik Oldsmobile located at the intersection of Highland Avenue and First Avenue in Needham, MA. Tenants will include Panera Bread, Jos. A. Bank and Omaha Steaks and spaces of 1,600 sq.ft. and 6,500 sq.ft. remain available. Area retail includes Staples, Petco, Cambridge Soundworks, Marshalls, Linens ‘n Things, Blockbuster Video, CVS and Modell’s. For more information, contact Jason S. Weissman, Boston Realty Advisors, 715 Boylston Street, Boston, MA 02211; 617-375-7900 Ext. 208, Fax 617-536-9566; Email: jweissman@bradvisors.com.
Forest City Enterprises is developing White Oak Village, a center located at the intersection of Interstate 64 and Laburnum Avenue in Henrico, OH. The power center portion will include 390,000 sq.ft. of supermarket and home improvement anchors and 330,000 sq.ft. mass merchandising retailers and additional retail in restaurants and other categories. The 150,000 sq.ft. outdoor, lifestyle center will comprise of 25 to 35 smaller, regional or local retailers. For more information, contact Nancy McCann, Forest City Enterprises, 1100 Terminal Tower, 50 Public Square, Cleveland, OH 44113-2203; 216-621-6060; Email: nancymccann@forestcity.net.
The Merrill Cos. is preleasing Riverton Meadows, a 200,000 sq.ft. center located at the intersection of Bangerter Highway and South/State Highway 71 in Riverton, UT. The center will be situated on a land area of 25 acres and will have spaces available of 1,200 sq.ft. to 10,000 sq.ft. and is anchored by Lowe’s Home Improvement. Also, outlots are available. Opening is slated for September. Area demographics include a population of 93,098 within five miles earning $72,583 as the average household income. The site has an average daily traffic count of 53,000 vehicles. Area retail includes Wal*Mart, JCPenney, Home Depot, Target, Ross, Linens ‘n Things and OfficeMax. The company also is preleasing Station Plaza, a 400,000 sq.ft. center located at the intersection of Lake Mead Boulevard and Rancho in North Las Vegas, NV. Opening is slated for the fall. The center is anchored by Wal*Mart Supercenter and has spaces available of 1,400 sq.ft. to 40,000 sq.ft., as well as outlots. Area demographics include a population of 497,752 within five miles earning $64,029 as the average household income. For more information, contact Austin Bettar, The Merrill Cos., 5850 Canoga Avenue, Suite 650, Woodland Hills, CA 91367; 818-456-5742, Fax 818-887-6666; Email: abettar@themerrillcompanies.com; Web site: www.themerrillcompanies.com.
Archon Group, L.P. is preleasing Alamo Ranch Marketplace, a 900,000 sq.ft. center located at the intersection of Loop 1604, Texas 151 and Culebra in San Antonio, TX. Construction is slated to begin late next year, with completion expected for March 2008. The project will have room for three large anchors, 10 smaller anchors and 16 freestanding stores, as well as inline shops. Archon is a subsidiary of the Goldman Sachs Group. For more information, contact Archon Group, L.P., 600 East Las Colinas Boulevard, Suite 400, Irving, TX 75039; 972-368-2200; Email: info@archongroup.com.
Paul Hemmer Cos. is developing Burlington Crossings, a 28,000 sq.ft. retail center, and an outlot on a site along State Route 36/83 in Burlington, WI. The center is shadow-anchored by Tractor Supply Company and is situated on a land area of 11 acres. Cotenants include Dollar Tree and Fashion Bug. For more information, contact Kim Schmitz, Paul Hemmer Cos., PO Box 17310, 250 Grandview Drive, Fort Mitchell, KY 41017-0310; 859-578-1828, Fax 859-341-6817. Or contact the company at 2132 Deep Water Lane, Suite 240, Naperville, IL 60564; 630-922-7740, Fax 630-922-7779; Email: info@paulhemmer.com.
Regency Centers is developing Augusta Center, a 14,488 sq.ft. center located on U.S. 6 in Portage, MI. For more information, contact Regency Centers, 121 West Forsyth Street, Suite 200, Jacksonville, FL 32202; 904-598-7000 or 800-950-6333, Fax 904-634-3428.
Carolina Holdings, Inc. is preleasing The Shops at Richmond Centre, a 96-acre multi-use development located at the northwest quadrant of Interstate 75 and Barnes Mill Road in Richmond, KY. The development is expected to have a GLA of approximately 750,000 sq.ft. and will include traditional and discount department stores, category-specific retailers, a bookstore and a stadium-seating theater. For more information, contact Bill Misiaveg or Britt Goodson, Carolina Holdings, Inc., PO Box 25909, Greenville, SC 29616; 800-763-8088, Fax 864-272-0078; Emails: bill.misiaveg@choldings.com and britt.goodson@choldings.com.
Crosland is planning to develop a $100 million mix of homes, shops, offices and possibly a movie theater in western Cary, NC. For more information, contact Crosland, 227 West Trade Street, Suite 800, Charlotte, NC 28202; 704-529-1166, Fax 704-523-7110; Email: info@crosland.com.
Phillip Harris & Associates is developing Hutton Ranch Plaza, a center located in Kalispell, MT. The center is expected to include a hotel, movie theater complex, a Sportsman & Ski Haus store, a First Interstate Bank branch, a Mongolian restaurant, 17,000 sq.ft. of small shops and a 12,000 sq.ft. two-story office building. The hotel will be a Hilton Homestead Suites with 115 to 120 rooms and will be located along the east side of the site. The company is still negotiating leases for the remaining 16 acres of the 46-acre site. Construction is slated to begin during the first half of July, with businesses slated to open during the spring or summer of next year. For more information, contact Phillip Harris & Associates, Four Sunset Plaza, Kalispell, MT 59901; 406-756-2771.
JMJ Development, Inc. is planning to develop The Centre at Crossroads, an 80-acre, $75 million development located at the intersection of Parker Road and State Highway 121 in Lewisville, TX. The development is expected to be 700,000 sq.ft. and tenanted by a supermarket, restaurants and stores. Tenants are expected to range between 20,000 sq.ft. to 200,000 sq.ft. Opening is slated for next year. For more information, contact JMJ Development, Inc., 15455 North Dallas Parkway, Sixth Floor, Dallas, TX 75001; 972-385-9934, Fax 801-459-1159.
Redstone Investments is preleasing Suncoast Crossing, a 259,360 sq.ft. center located at the intersection of Suncoast Expressway and Route 54 in Odessa, FL. Opening is slated for October. The center will be anchored by Target and Petco and will have spaces available of 1,000 sq.ft. and up. The company also is preleasing Derby Crossings, an 80,537 sq.ft. center located at the intersection of Interstate 91 and Route 5 in Derby, VT. Opening is slated for next month. The center will be anchored by Price Chopper Supermarket. For more information, contact Bruce Tamarkin, Redstone Investment, 5050 Belmont Avenue, Youngstown, OH 44505; 330-759-4000, Fax 330-759-2134; Email: btamarkin@redstoneinvestments.com.
GVA Williams is preleasing an 8,030 sq.ft. center located on Post Road in Darien, CT. The site will have 4,015 sq.ft. on both the ground floor and the second floor. Opening is slated for the late summer. Area retail includes Elizabeth Arden’s Red Door Spa, Ann Taylor Loft and Darien Sports Shop. For more information, contact Scott Lifschultz or Deirdre Corcoran Foote, GVA Williams, 1055 Washington Boulevard, Stamford, CT 06901; 203-324-0800, Fax 203-324-3125; Emails: slifschultz@gvawilliams.com and dcfoote@gvawilliams.com . |