New Construction
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New Construction

H.V. McCoy & Company, Inc. is developing a mixed-use center located at the intersection of Guilford College Road and Interstate 40 in Greensboro, NC. Approximately 80,000 sq.ft. of retail space is available. Demographics show a population of 328,571 residing within 10 miles earning $55,864 as the average income. The company is also developing a 54,495 sq.ft. shopping center located at the intersection of Yadkinville Road and Reynolds Road/U.S. 67 in Winston-Salem, NC. Space totaling 39,240 sq.ft. is available. Demographics show a population of 91,866 residing within five miles earning $34,367 as the household income. The company is also developing The Commons Shopping Center, a strip center located at the intersection of U.S. Highway One and Pinehurst Avenue in Southern Pines, NC. Space totaling 49,314 sq.ft. is available. Demographics include a population of 30,812 residing within five miles earning $61,630 as the average income.

For more information on the Commons or the Greensboro, NC center, contact 336-545-0059, Fax 336-545-1062; for information on the Winston-Salem property, contact Bryon Nelson at the same numbers.

Plaza Royale Associates LLC has begun construction on the 103,000 sq.ft. Plaza Royale in Gainesville, FL. The center will be anchored by Starbucks Coffee Company, Quizno’s Classic Subs and Cold Stone Creamery. The center is scheduled to open mid-2002.

For more information on the center, contact Phillip N. Kabler at 352-375-4600. For leasing information contact Hal Levine of Barrister Realty 305-663-1900.

R.E.D. Capital Development has broken ground on the 700,000+ sq.ft. SummitWoods Crossing in Lee’s Summit, MO. Kohl’s, Lowes and Michaels Arts and Crafts have already signed leases for the center. The development is set to open in the first quarter of 2002.

For more information contact Dan Lowe or Michael Helmuth, R.E.D. Capital Development LLC, 4435 Main Street, Kansas City, MO 64111; 816-531-8100, Fax 816-360-1415.