New Construction
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New Construction

ForestCityRatner Companies is developing a 373 000 sq.ft. project with access to Flatbush Avenue Atlantic Avenue and 4th Avenue in Brooklyn NY. Atlantic Terminal will open in the fall of 2003 with tenants including Target Gap Children’s Place Bath & Body Works Starbucks Victoria’s Secret Chuck E. Cheese and Red Lobster. A population of 124 698 earning an average annual household income of $67 001 resides within one mile of the site. Area retailers include Sterns Pathmark Marshall’s Old Navy Party City Officemax and Circuit City.

For more information contact Ripco Real Estate Corp. 420 Jericho Turnpike Suite 100 Jericho NY 11753-1847; 516-933-8880 Fax 516-933-2514.

 

Thomas Enterprises Inc. is developing the Hiram Pavilion located on the southwest corner of Highway 278 and Greenfield Road in Hiram GA. The proposed 490 000 sq.ft. project is east of Highway 92 in Paulding County. Area demographics include a population of 60 711 residing in five-mile radius earning an average household income of $63 259. The 320 000 sq.ft. Jackson Pavilion is proposed for the northwest corner of I-40 and the Highway 45 bypass in Jackson TN. Area retailers include Super Wal*Mart Sams Club Lowe’s PetsMart and Best Buy. Area demographics include a population of 53 001 residing in a five-mile radius earning an average annual household income of $50 566. Kedron Village is proposed for a 250 000-sq.ft. site on the southwest corner of SR-74 and Peachtree Parkway in Peachtree City GA. The average household income within five miles of the project is $107 754 among a population of 39 000. Fayette Pavilion is being developed in between Highway 85 New Hope Road and Highway 314 in Fayetteville GA. The project is located near Home Décor Belk Shoe Carnival Wal*Mart Supercenter OfficeMax Sports Authority TJ Maxx Marshalls Target Home Depot Toys R Us Tinseltown Theater Home Place Goody’s Old Navy Rhodes and Publix and will cover 1 500 000 sq.ft. on 150 acres when complete. Within five miles the location serves a population of 79 737 with an average household income of $79 785. The 250 000 sq.ft Fayetteville Pavilion is planned for the northeast corner of Richwood Court and Skibo Road in Fayetteville NC. The location features a population of 135 566 within five miles boasting a household average income of $48 646.

For more information on any of the projects contact Merchants Resource Realty Inc. 300 Village Green Circle Suite 200 Smyrna GA 30080; 770-801-0990 Fax 770-801-1222.

 

Miller Weingarten is pre-leasing the 600 000 sq.ft. Aurora Town Center in Aurora CO. The project set to open in October 2002 is located on the corner of Interstate 225 and Alameda and will be anchored by SuperTarget Barnes & Noble and Linens N Things. Spaces from 1 200 sq.ft. to 13 600 sq.ft are available at the site which serves a population of 293 797 within five miles earning a median household income of $56 699. The company also is leasing the 131 191 sq.ft. Lowey Towne Center located at the intersection of Alameda and Quebec in Denver CO. Spaces from 3 000 sq.ft. to 5 000 sq.ft. are available. Slated to open in June 2002 the project is within the redevelopment of the former Lowey Air Force Base.

For more information on the Aurora property contact Laura Carstenson Miller Weingarten 2 Inverness Drive East Suite 200 Englewood CO 80112; 303-799-6066 Fax 303-414-0673. For more information on the Denver property contact Bill Mackiernan Miller Weingarten 2 Inverness Drive East Suite 200 Englewood CO 80112; 303-799-6064 Fax 303-414-0673.

 

Lerner Enterprises is developing the Fallsgrove Village Center and Fallsgrove Corporate Center in Rockville MD. The development located at Shady Grove Road Darnestown Road and Key West Avenue is a 257 acre mixed-use project to be anchored by a 57 000 sq.ft. prototype Safeway Food and Drug. The center will feature 150 000 sq.ft. of retail space to accommodate 40 stores 950 000 sq.ft. of office and research/development space and 1 530 residential units. The project is scheduled to open in Spring 2002.

For information contact William J. Winterburn Lerner Corporation 11501 Huff Court Kensington MD 20895-1094 301-984-1500 Fax 301-770-0144; E-mail: wwinterburn@lernerenterprises.com.

 

North American Properties is developing the 28-acre 450 000 sq.ft. Stonecrest MarketPlace on Turner Hill Road in DeKalb County GA. Staples Babies R Us Linens ’n Things Pier One Imports Ross Dress for Less and Marshalls will anchor the project.

For information contact North American Properties 212 East Third Street Suite 300 Cincinnati OH 45202; 513-721-2744 Fax 513-721-0332.