The Hutensky Group LLC is developing New Horizons a 134 000 sq.ft. strip center located at the intersection of East 174th Street and Vyse Avenue in Bronx NY. The center is 85% preleased and space is available from 1 800 sq.ft. to 6 600 sq.ft. The center is anchored by Pathmark Supermarket and tenants include Ashley Stewart Athlete’s Foot Avenue G&G Shops GNC Lens Lab Express Paramount Payless ShoeSource Petland RadioShack Rent-A-Center Rockaway Bedding and Subway. The project is scheduled to be completed in Spring 2002.

For more information contact Michael J. Cubeta Jr. The Hutensky Group LLC 280 Trumbull Street 2nd Floor Hartford CT 06103-3504; 888-527-0827; Fax 860-706-0076; Email mcubeta@hutenskygroup.com; Web site: www.hutenskygroup.com.

Progressive Development is leasing The Shoppes at Broad Street a 165 000 sq.ft. center in Statesville NC. The 25-acre site will be supermarket anchored. The site has 1 000 feet of frontage on East Broad Street.

For more information contact Progressive Development 2301 CrownPoint Executive Drive Suite L Charlotte NC 28227; 704-321-9288; Fax 704-321-9289.

Territory Incorportated Olympia Group and The Developers of Nevada are developing Spencer Square a 331 448 sq.ft. retail and entertainment center in Las Vegas NV. Located at the intersection of Rose Parkway and Spencer Street adjacent to the new St. Rose Dominican Hospital the center is scheduled to open in 2002. The company additionally is developing a 900 000 sq.ft. lifestyle and power center called Centennial Center in Las Vegas NV. The site is located on 90 acres at the intersection of US Highway 95 and the Interstate 215 Beltway Interchange and will be anchored by Wal*Mart Sam’s Club and The Home Depot. In addition to the center development plans include an auto village of seven car dealerships on 50 acres and a 30-acre recreational facility. Area demographics include a trade area population of 92 225 and an average household income of $85 597 in a three-mile radius. The center is expected to open in 2000.

Opus is developing a 53-acre site that will be the second phase of Arbor Lakes at the intersection of Elm Creek Boulevard Interstate 694 and Hemlock Lane in Maple Grove MN. The multi-anchor site will host retail and entertainment tenants ranging from 3 000 sq.ft. to 150 000 sq.ft. seven restaurant outlot opportunities hotel and hospitality space acreage for up to 200 000 sq.ft. for office development and a structured parking transit facility. Arbor Lakes’ initial phase consists of 700 000 sq.ft. and is anchored by Best Buy Co. Linens N’ Things Office Depot Inc. Olive Garden and Red Lobster.

CB Richard Ellis is leasing Desert Gateway a 700 000 sq.ft. center located at the intersection of Interstate 10 Monterey Avenue and Dinah Shore Drive in Palm Desert CA. The center will be anchored by Sam’s Club and Wal*Mart and is slated to open in Spring 2003.

McClinton & Company is developing the second phase of Festival Plaza a 200 000 sq.ft. addition to an existing 80 000 sq.ft. shopping center in Montgomery AL. The center will be located at the intersection Vaughn Road and Halcyon Park Drive. Area demographics include a population of 82 102 residing in a five-mile radius earning an average household income of $83 933. The first phase of the center is anchored by the 60 000 sq.ft Rave Motion Pictures and 20 000 sq.ft. of shops such as Mellow Mushroom TLR Outdoors Atlanta Bread Company Marble Slab Creamery and Cingulair Wireless.

For more information contact McClinton & Company 2777 Zelda Road Montgomery AL 36106; 334-270-9653; Web site: www.mcclintonco.com.

Hopkins Real Estate Group and Arthur Pearlman Corporation are developing a 300 000 sq.ft. expansion to The Hub center in San Bernardino CA. The 18.6-acre property is located at the intersection of Tippecanoe Avenue and the San Bernardino Freeway. The Hub’s existing tenants include Costco Staples Best Buy Sam’s Club Sportmart Bally’s Fitness Outback Steakhouse Home Depot Office Depot Comp USA PetsMart Circuit City La-Z-Boy Chili’s Restaurant T.G.I. Friday’s Office Max and Mimi’s Cafe. In 10 miles of the site resides a population of 769 558 earning $47 943 as the average income.

Montecito Companies is developing the 200-acre Montecito Town Center located on Durango Road near the intersection of U.S. Route 95 and the Interstate 215 Beltway on the Northwest side of Las Vegas NV. The project will include of 10 million sq.ft. of retail office medical and residential space along with entertainment centers and a non-gaming hotel. Area demographics include a population of 650 000 residing within a 10-minute drive of the site.