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New Construction
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New ConstructionEdens & Avant is developing the 63,000 sq.ft. Whiteville Town Centre in Whiteville, NC. The center is located at the intersection of Highway 701-Bypass and Love Mill Road and will be anchored by a 38,000 sq.ft. Food Lion. Other tenants include Hibbett Sports, On Cue, Fashion Cents and Dominos Pizza. Three adjacent parcels of land are available for future development. For more information contact Kim E. Redd, Edens & Avant, 900 Bank of America Plaza, 1901 Main Street, Columbia, SC 29201; 803-779-4420; Fax 803-765-0684.
Starwood Wasserman, LLC is developing the 611,500 sq.ft. Kaufmann’s on the Heights in University Heights, OH. The vertical power center will be anchored by a 165,000 sq.ft. Kaufmann’s Department Store, a 165,000 sq.ft. national general merchandise retailer and a 58,000 sq.ft. Tops Supermarket. The additional space on the 12-acre site is available for retailers and restaurants. The Kaufmann’s store is scheduled to open March 2002, with the remainder of the center to open spring 2003. For more information contact Starwood Wasserman, One Park Row, Providence, RI 02903; 401-274-5700; Fax 401-274-7368; Web site: www.starwass.com.
Trammell Crow Company is developing a 700,000 sq.ft. power center on the site of the former Tower Mall in Portsmouth, VA. The center will be anchored by Lowe’s Home Improvement Warehouse. For more information contact Charles Evans, Trammell Crow Company, 6931 Arlington Road, Suite 415, Bethesda, MD 20814-5231; 301-718-0330; Fax 301-718-0804.
Southeastern Realty Group is developing the 74,000 sq.ft. Palmetto Pavilion in North Charleston, SC. The site is located at the signalized intersection of Ashley Phosphate and Dorchester Roads and will be anchored by Publix Supermarkets. The mixed-use center has three outlots available as well as in-line spaces from 1,000 sq.ft. to 9,600 sq.ft. with a delivery date of April 2002. Area demographics include a population of 27,381 residing in a three-mile radius earning an average annual household income of $50,785. The site has an average daily traffic count of 32,400 cars. Asking rent is $15.50 psf NNN. The company is also developing the 30,000 sq.ft. Cedar Grove Village in North Charleston, SC. Asking rent is $14 psf and area retailers include Wal*Mart. Three outlots are available. For more information contact Michelle Owens, Southeastern Realty Group, 444 King Street, Suite 300, Charleston, SC 29403; 843-722-1555; Fax 843-722-7726; E-mail: mowens@callsrg.com; Web site: www.callsrg.com.
Bridge Street Enterprises is developing a 55,000 sq.ft. center on seven acres contiguous to the Home Depot in Dewitt, NY. The center has available spaces ranging from 1,500 sq.ft. to 30,000 sq.ft. A 2.5-acre pad site is also available. Area demographics include a population of 171,225 residing in a five-mile radius earning an average annual household income of $47,000. For more information contact Doug Morrison, Bridge Street Enterprises, P.O. Box 270, Oneida, NY 13421; 315-363-6410; Fax 315-363-8640; E-mail: zeller@twcny.rr.com.
Colliers International and Weyerhaeuser Real Estate Company are developing the DuPont Station project in the Northwest Landing area of Tacoma, WA. The project will be grocery anchored but the size has yet to be finalized. The 32-acre site is located just off of Interstate 5 and will also include a park, townhouses and possibly a Sound Transit light rail station. For more information contact Eric Cederstrand, Colliers International, 4301 Industry Drive East, Suite A, Tacoma, WA 98424; 253-926-5353; Fax 253-926-5333.
The Widewaters Group is developing the 185,000 sq.ft. Target Center in Ithaca, NY. The center will be anchored by Target and is located at the intersection of Sandbank Road and Route 13. The site is located near the Pyramid Mall, Triphammer Mall and The Commons and is scheduled to open in March 2002. The center has 63,000 sq.ft. available and is able to subdivide. Area demographics include a population of 54,585 residing in a five-mile radius earning an average annual household income of $40,281. The company is also building The Shops at Timber Lake in Garner, NC. The 92,000 sq.ft. center will be anchored by Lowe’s Foods and is located at the intersection of Timber Drive and Aversboro Road. The site has 45,000 sq.ft. of subdividable space and is scheduled to open fall 2001. Area demographics include a population of 50,741 residing in a five-mile radius earning an average annual income of $45,094. For more information contact Jim Lavelle, The Widewaters Group, 5786 Widewaters Parkway, P.O. Box 3, Dewitt, NY 13214; 315-445-2424; Fax 315-445-8570.
Plaza Properties is developing three sites in central OH. Two projects are located near the intersection of State Routes 204 and 256 in Pickerington, OH; the 59,500 sq.ft. Summerfield Centre and phase II of the Hunter’s Run Centre. Area retailers include Bed Bath & Beyond, Barnes & Nobles and Marcus Cinemas. Area demographics include a population of 50,000 residing in a three-mile radius earning an average annual household income of $57,225. The company is also developing phase II of Johnstown Village Square located on Route 62 in Johnstown, OH. The center is anchored by Kroger’s and is also tenanted by Revco and McDonald’s. Area demographics include a population of 9,151 in a five-mile radius earning an average annual household income of $53,274. For more information contact Nick Vollman or Baron Moskovitz, Plaza Properties, Inc., 3016 Maryland Avenue, Columbus, OH 43209-1591; 614-237-3726; Fax 614-237-3219.
Vons Supermarkets is looking for government assistance in developing a $14.4 million mixed-use center in Long Beach, CA. The five-acre complex would include a 55,000 sq.ft. supermarket and is located between Broadway and First Street and Atlantic and Alamitos Avenues. The store would replace the existing store at Broadway and Atlantic Avenue. The company is seeking $5 million from city redevelopment officials to help cover property acquisition and tenant relocation costs. For more information contact David J. Zylstra, The Vons Companies, Inc., 618 Michilinda Avenue, Arcadia, CA 91007-6300; 818-821-7060; Fax 626-821-7914.
The Jaffe Companies and Mid-America Real Estate Group are developing the 400,000 sq.ft. Orchard Grove in Aurora, IL. The 45-acre site is located at the intersection of Orchard and Indian Trails Roads and will include Meijers and Home Depot. Home Depot opened in the first quarter of 2001 and inline space will be built with the 200,000 sq.ft. Meijers store. For more information contact Mike Jaffe, The Jaffe Companies, 605 Valley Road, Glencoe, IL 60022; 847-242-0555; Fax 847-242-0556.
Shea Properties is developing the 130,000 sq.ft. Shops at Waterford in the $100 million Waterford mixed-use project in Aliso Vielo, CA. The center will be anchored by a 52,000 sq.ft. Safeway and will feature public plazas and outdoor dining areas. The Safeway is set to open in November and the rest of the project is scheduled to open in the first half of 2002. For more information contact Bob Burke, Shea Properties, 26840 Laguna Hills Drive, Suite 100, Aliso Viejo, CA 92656; 949-389-7000; Fax 949-389-7300.
Pacific Development Group and CB Richard Ellis are developing the 1 million sq.ft. of retail space at the 434-acre master planned Colonies at San Antonio in Upland, CA. Current plans call for a major general merchandiser, home improvement, grocery and a drug store, as well as specialty retail spaces. The project is located at the intersection of Campus Avenue and Interstate 210 freeway extension. Area demographics include a population of 267,000 residing in a five-mile radius and those in a one-mile radius have an average annual household income of over $100,000. For more information contact Tom Swieca, Cathleen Rose, Tony Archer or Bill Thomas, CB Richard Ellis, 4141 Inland Empire Boulevard, Suite 100, Ontario, CA 91764; 909-418-2000.
Hagan Seay Properties is expanding the Shelbyville Road Plaza in Louisville, KY. The project is undergoing renovation and will include 365,000 sq.ft. when completed this summer. The center will be anchored by Circuit City, Wild Oats Market, Linens ‘N Things, Honey Baked Hams, Hawley-Cooke Booksellers and Coconuts Music & Video. The company is also redeveloping the 325,000 sq.ft. Middletown Station in Louisville, KY. The center was formerly anchored by a Biggs Hypermarket and is located immediately west of Interstate 265. Twelve outlots are available and completion of the main building is scheduled for mid-2002. For more information contact Ron McGehee, Hagan Seay Properties, 11901 Brinley Avenue, Suite 100, Louisville, KY 40243; 502-245-8800; Fax 502-245-7747.
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