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New Construction
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New ConstructionMalcolm Riley & Associates and The Carver Companies are developing Desert Gateway, a 644,418 sq.ft., 70-acre power center located at the intersection of Interstate 10 Freeway and Monterey Avenue located in Palm Desert, CA. Anchors include Kmart and Sam’s Club. Spaces of 38,000 sq.ft., 30,000 sq.ft. as well as several pad sites are available. Demographics show a trade area population of almost 300,000. A Spring 2002 opening is planned. For more information, contact Brent Howell 310-516-2401 or Maggie Montez 760-341-2272 of CB Richard Ellis.
Audubon Land Development Corporation is developing Oaks Shopping Center, a 90,000 sq.ft., 11-acre shopping center located at the intersection of Black Rock and Egyptian Roads in Oaks, PA. Groundbreaking occurred this Fall. Spaces of 53,150 sq.ft., 15,000 sq.ft., 14,000 sq.ft. and pad sites of 5,000 sq.ft. and 4,000 sq.ft. are available. Demographics show a population of 141,392 residing within five miles earning approximately $40,000 as median household income. For more information, contact 610-631-0670, Fax 610-631-1953.
Goldberg Property Associates is developing Pioneer Hills, a 534,000 sq.ft., 124-acre shopping center located at the intersection of Chambers Road and Parker Road in Aurora, CO. Anchors include Wal*Mart Supercenter and Home Depot. Demographics show a population of 186,579 residing within five miles earning $65,061 as the median household income. The average daily traffic count is 66,600 cars. An opening is projected for the first quarter of 2001. The company is also developing Mulberry and Lemay Crossings, a 339,072 sq.ft., 42-acre shopping center located on the northeast corner of Mulberry Street and South Lemay Avenue in Fort Collins, CO. Anchors include Wal*Mart Supercenter. Demographics include a population of 130,047 residing within five miles earning $37,753 as median household income. The average daily traffic count is 32,900 cars. An opening is slated for the first quarter of 2001. For more information, contact Scott Steputis or Todd Ream at 303-759-8000, Fax 303-863-0275, Web site www.goldbergprop.com
M&H Realty Partners is redeveloping Esplanade Mall, a 650,000 sq.ft. mall located in Oxnard, CA into a 490,000 sq.ft. outdoor shopping center. Anchors include Cost Plus, T.J. Maxx, Nordstrom Rack, Bed Bath & Beyond, Borders Books & Music, Old Navy, Party America and Staples. Space is available. For more information, contact 415-693-9000
Location Realty plans to break ground on Kinko’s Plaza located at the intersection of Washington Avenue and Blakeslee Street in North Haven, CT in the coming weeks. Anchors include CVS, Kinko’s and a Denny’s Classic Diner. The site is immediately adjacent to Interstate 91 at exit 12. There is 4,800 sq.ft. available. For more information, contact Michael O’Brien at 860-344-0001.
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