New Construction
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New Construction


Mid-America Real Estate Group/ChainLinks is leasing the Kensington Center in Plainfield IL. The project is located near the intersection of Route 59 and 127th Street and will be anchored by a 142 000 sq.ft. Target Greatland store. The center will also include a 6 000 sq.ft. Chili’s restaurant and a bank has been proposed in an outlot position. The site includes 34 500 sq.ft. of retail space adjacent to Target. The project is being developed by Mars Kensington LLC a joint venture between Mid-America Real Estate Group Zakos and Associates and Terraco Inc.

For more information contact Barb Prieto Mid-America Real Estate Group Two Mid-America Plaza Third Floor Oakbrook Terrace IL 60181; 630-954-7300 Fax 630-954-7304.

TBS Development Services Group Inc. is assisting in the planning of a retail development situated on 30 acres located at the intersection of U.S. Route 6 and Ridge Road in Minooka IL. The project is rumored to have an agreement to be anchored by Jewel/Osco and will include a car wash gas station and 20 000 sq.ft. of adjacent retail space. The cost of the project is $35 million and the center has room for a department store to be added at a later date. The site is adjacent to a 40-acre parcel tagged for a development of townhomes.

For more information contact Jim Kartheiser TBS Development Services Inc. 8600 West Bryn Mawr Avenue Suite 550 North Chicago IL 60631; 773-693-6800 Fax 773-693-6864.

West Hills Development is developing the 55-acre mixed-use project on the site of the former Oregon Roses Nursery. Ground breaking is over a year away but plans call for 15 acres of retail in the center of the property surrounded by townhouses apartments and condominiums. Local residents are concerned about the traffic around the site located at the intersection of River Road and Tualatin Valley Highway.

For more information contact Phil Morford West Hills Development 15500 Southwest Jay Street Beaverton OR 97006; 503-641-7342 Fax 503-641-7661.

NAI Capital Commercial Real Estate is leasing the 20 000 sq.ft. Torrance Star Plaza in Torrance CA. Golden Star LLC is developing the project that will include 12 stores ranging in size from 1 200 sq.ft. to 10 000 sq.ft. The site is located on Crenshaw Boulevard near its intersection with Sepulveda Boulevard.

For more information Sheri Messerlian NAI Capital Commercial Real Estate 19300 South Hamilton Avenue Gardena CA 90248-4400; 310-532-9080 Fax 310-327-6259; Email: sherime@ix.netcom.com.

Artemis Management & Development will not develop a 50 000 sq.ft. retail project in Timonium MD. The company paid over $1.4 million for the two-acre plus site located at the intersection of York and Aylesbury Roads in Baltimore County. Original plans had called for 25 000 sq.ft. facing York Road and another 15 000 sq.ft. facing Aylesbury Road with two outparcels. The company is expected to retain the real estate for future development.

For more information contact Artemis Management & Development 100 North Charles Street Suite 1200 Baltimore MD 21201; 410-244-7200 Fax 410-244-0150.

The Scala 683 Group is developing a mixed-use project in New Tampa FL. The site is located at the intersection of Bruce B. Downs and County Line Road and was originally planned to include apartments 250 000 sq.ft. of retail and 100 000 sq.ft. of office space. The design met with criticism from local residents and the zoning changes were not made by the city council. The 213-acre site has been redesigned as a compromise with the council and the new plan will include more retail and office space.

For more information contact Gilmore Dominguez Scala 683 Group 813-832-1165 Fax 813-832-2660. Or contact Larry Dickson 813-875-6324 Fax 813-871-2183.

Related Retail Corporation is developing a 226 000 sq.ft. mixed-use project on three city-owned blocks in the Bronx NY. The project will include 164 300 sq.ft. of retail space on the first two levels rumored to be anchored by Kmart. The third level will be office space. The site is located along Third Avenue between 153rd and 156th Streets north of the commercial district known as The Hub. The project cost is estimated at $36 million.

For more information contact Jeff Blau Related Retail Corporation 625 Madison Avenue Ninth Floor New York NY 10022-1801; 212-421-5333 Fax 212-750-3639.

Regency Centers is developing the 287 000 sq.ft. Olde Towne Plaza in Ballwin MO. The project is located at the intersection of Manchester and Ries Roads and will be anchored by Lowe’s Home Improvement Warehouse Stein Mart Ultimate Electronics Marshall’s and Home Goods. The center will also be tenanted by Starbucks O’Charley’s Restaurant and Beauty First. The development was conceived by the City of Ballwin and is situated on 30 acres in the center of the town. The project required the rebuilding of several streets including the rerouting of Jefferson Avenue.

For more information contact Daniel J. Fox Regency Centers 16640 Chesterfield Grove Road Suite 170 Chesterfield MO 63005; 636-728-2700 Fax 636-519-9738.

Catellus Development Corporation will develop a mixed-use project situated on 4.9 acres at Mission Bay in San Francisco CA. The company is partnering with AEW Capital Management LP on the site that has 83 000 sq.ft. of retail space planned. The project will include 595 residential units and 45 000 sq.ft. of office space and is located on the N1 parcel of Mission Bay adjacent to Pacific Bell Park home of the San Francisco Giants. The initial phase of the project is scheduled to be complete in the third quarter of 2003.

For more information contact Nelson C. Rising Catellus Development Corporation 201 Mission Street San Francisco CA 94105; 415-974-4500 Fax 415-974-3770; Web site: www.catellus.com.

Miller Weingarten Realty LLC is developing the 118 000 sq.ft. Lowry Town Center on an 11-acre parcel of the former Lowry Air Force Base in Denver CO. The site is located on Quebec Street and will be anchored by Albertson’s Supermarket. The project will include 15 000 sq.ft. of second level office space and will have a public piazza for community gatherings. The project is a joint venture between Weingarten Realty Investors and Miller Development. The company has signed agreements with Citywide Bank Esquire Dry Cleaners Cost Cutters Lowry Liquor Urban Harvest Restaurant Timbuk Toys Qdoba Mexican Grill Peaberry Coffee and Pasquini’s Pizzeria. The center is scheduled to be completed in summer 2002.

For more information contact Stewart A. Miller Miller Weingarten LLC Two Inverness Drive East Suite 200 Englewood CO 80112-5509; 303-799-6300 Fax 303-414-0673.

Developers Diversified Realty is developing a 495 000 sq.ft. expansion at the Family Center at Riverdale in Riverdale City UT. The site is located at the intersection of Riverdale Road and Interstate 84. The new East Phase includes a 220 000 sq.ft. Wal*Mart Supercenter a 150 000 sq.ft. Sam’s Club and 125 000 sq.ft. of retail space. The North Phase will also be renovated and is currently anchored by Office Max Zucher’s Party Store and Gart Sports. The South Phase is anchored by PetsMart Sportsman’s Warehouse Super Target Media Play Circuit City and Shepler’s. The construction will raise the center’s GLA to over 1 million sq.ft.

For more information contact Scott R. Schroeder Developers Diversified Realty 3300 Enterprise Parkway Beachwood OH 44122; 216-755-5500 Fax 216-755-1450; Email: sschroeder@ddrc.com.