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New Construction
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New ConstructionWeingarten Realty Investors is developing the 278,000 sq.ft. Manhattan Place in Harvey, LA. The center will be anchored by a 125,000 sq.ft. Target store and is located at the intersection of Manhattan and Gretna Boulevards. The center will have spaces for two junior department stores, five pads sites and over 65,000 sq.ft. designated for restaurants, specialty and service retailers. The center is scheduled to open mid-2002. For more information contact Steve Richter, Weingarten Realty Investors, 2600 Citadel Plaza Drive, P.O. Box 924133, Houston, TX 77008-1362; 713-866-6054; Fax 713-866-6049.
Crescent Resources LLC acquired the 300-acre Potomac Yard site from Commonwealth Atlantic Properties, Inc. and will develop two mixed-use projects on the properties in Alexandria and Arlington County, VA. The 1.9-acre Alexandria portion will be developed into a town center including 135,000 sq.ft. of retail space. The 2.8-acre County of Arlington parcel will include 100,000 sq.ft. of retail space. The spaces will be geared toward neighborhood retailers. The 600,000 sq.ft. Potomac Yard Retail Center was not included in the deal. For more information on the mixed-use projects contact Dan Kohlkepp, Crescent Resources, LLC, Two Pidgeon Hill Drive, Suite 340, Sterling, VA 20165; 703-444-0974. For information on the Potomac Yard Retail Development contact Rick Gilchrist, Commonwealth Atlantic Properties Inc., 66-B Three Lafayette Center, 1155 21st Street, NW, Suite 202, Washington, DC 20036; 202-776-9090; Fax 202-776-1166.
Lincoln Property Company is developing the Pavilion of Preston Center at the site of the former 230,000 sq.ft. Sanger Harris department store in Dallas, TX. The project is 80% pre-leased and will include apparel, sporting goods, electronics and soft-goods retailers, as well as several restaurants. For more information contact Robert Dozier, Lincoln Property Company, 500 North Akard Street, Suite 3300, Dallas, TX 75201; 214-740-3300; Fax 214-740-3313.
AIG Baker is developing the 211,000 sq.ft. Anderson Station Shopping Center located on Clemson Boulevard in Anderson, SC. The center will be anchored by Old Navy, Bed Bath and Beyond, Shoe Carnival, Party City and Ross Dress for Less. The site is located near the Highway 29 Bypass. For more information contact Alex G. Baker, AIG Baker, 1701 Lee Branch Lane, Birmingham, AL 35242-4218; 205-969-1000; Fax 205-969-1051.
Catellus Development Corporation has reached an agreement with the City of Alameda that will allow the company to redevelop the 215-acre former Alameda Fleet Industrial Supply Center in Alameda, CA. The site is located directly across the bay from San Francisco and is planned to host over 1.3 million sq.ft. of commercial space and up to 600 residential units. The site will include retail along a waterfront public promenade and a site for a school. For more information contact Catellus Development Corporation, 201 Mission Street, San Francsisco, CA 94105; 415-974-4500; Fax 415-974-3770.
Atkinson Property & Investment is among the companies working to develop a 700,000 sq.ft. center located on Southeast 29th Street across Interstate 40 from Tinker Air Force Base in Midwest City, OK. The proposed center will have over one mile of frontage and be built partially on the site of the former Downtown Tinker Plaza. For more information contact Joe Davis, Atkinson Property & Investments, 107 Mid America Boulevard, Oklahoma City, OK 73110-6010; 405-732-2233; Fax 405-732-6884.
Sleiman Enterprises will develop a 240,000 sq.ft. center located along U.S. Highway 17 in Eagle County, FL. The center will be anchored by a 130,000 sq.ft. Home Depot and construction is scheduled to be completed in April 2002. For more information contact Anthony Sleiman, Sleiman Enterprises, 4347 University Boulevard South, Suite 10, Jacksonville, FL 32216-4977; 904-731-8806; Fax 904-731-1109.
Zerby Interests is developing Westgate Marketplace, a multi-phase power center located just off Interstate 40 in Oklahoma City, OK. The first phase will include 93,000 sq.ft. of retail space with Ross Dress for Less, Petsmart, Shoe Carnival, Paper Warehouse and Fashion Bug as tenants. A portion of a 5,000 sq.ft. pad building has been leased to Payless Shoes. The center will be located near the Wal*Mart and Office Depot developments that also include McDonalds, Taco Cabana and Applebee’s restaurants. The 100,000 sq.ft. second phase will begin this summer with a a spring 2002 opening scheduled. Phase three will encompass 125,000 sq.ft. and phase four 100,000 sq.ft. For more information contact Terryl Zerby, Zerby Interests, 210 Park Avenue, Oklahoma City, OK 73102-5605; 405-232-3242; Fax 405-971-1400.
H&H Properties is building the 50,000 sq.ft. Bees Ferry Crossing in Charleston, SC. The center will be anchored by BiLo Supermarket and is located at the intersection of Ashley River and Bees Ferry Roads. The site has spaces of 3,600 sq.ft. and 1,200 sq.ft. available and is scheduled to open in September. Area demographics include a population of 35,000 residing in a three-mile radius earning an average annual household income of $34,000. For more information contact Frank Haygood, H&H Properties, 342 East Bay Street, Carleston, SC 29401; 843-722-4850 ext. 11; Fax 843-577-6754. |