New Construction
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New Construction

GBT Realty Corp. is developing the Oxford Town Center located on Highway 21 in Oxford/Anniston, AL with a daily traffic count of 37,030 vehicles. The 252,795 sq.ft. center has spaces available ranging from 7,200 sq.ft. to 130,595 sq.ft. The company also is developing the Villages of Bloomingdale located on Bloomingdale Avenue in Brandon, FL with a daily traffic count of 18,950 vehicles. The 90,100 sq.ft. center has space available of 20,000 sq.ft., as well as two outparcels ranging from 0.92 acres to 1.26 acres. The company also is developing Heritage Station located at the intersection of US 1A and Rogers Road in Wake Forest, NC with a daily traffic count of 11,000 vehicles. The center has spaces available of 50,000 sq.ft., as well as four outparcels ranging from 0.78 acres to 1.63 acres. Area demographics include a population of 72,345 within seven miles earning $68,756 as the average household income. Area competition includes Home Depot and a future Target.

For more information, contact GBT Realty Corp., 201 Summit View Drive, Suite 110, Brentwood, TN 37027; 615-370-0670, Fax 615-373-3111.

Garden Commercial Properties is developing a 434,000 sq.ft. site anchored by a Lowes Home Improvement Center located at the intersection of Interstate 75 and Bruce B. Downs Boulevard in northeast Tampa, FL. The site has spaces available ranging from 6,800 sq.ft. to 111,570 sq.ft.

For more information, contact Garden Commercial Properties, 820 Morris Turnpike, Short Hills, NJ 07087; 973-467-5000; Web site: www.gardencommercial.com.

Kravco Cos. Downtown Works is developing the Progress Plaza Shopping Center in Philadelphia, PA. The 66,000 sq.ft. center is located at the intersection of Broad and Oxford Streets. Construction is slated to begin next year on the site, which will be anchored by a 40,000 sq.ft. supermarket. The remainder of the project will include retailers, restaurants, office space and residential housing.

For more information, contact, Kravco Cos. Downtown Works, The Atrium, 234 Mall Boulevard, PO Box 1528, King of Prussia, PA 19406-1528; 610-768-6370, Fax 610-768-6444; Web site: www.kravco.com.

Vestar Development Co. is developing Gilbert Gateway Towne Center located at the intersection of Loop 202 Freeway and Power Road in Gilbert, AZ with a daily traffic count of 82,200 vehicles. The 800,000 sq.ft. center is part of a master-planned community of over 81,000 new homes. Area demographics include a population within five miles earning $73,646 as the average household income. The company also is developing the 850,000 sq.ft. Queen Creek Towne Center located at the intersection of Ellsworth and Rittenhouse Roads in Queen Creek, AZ. Area demographics include a population within five miles earning $66,909 as the average household income. The center is located near the communities of Power Ranch, Seville, Johnson Ranch, Emperor Estates and the Village at Queen Creek. The company also is developing Ocotillo Towne Center located at the intersection of Alma School and Queen Creek Roads in Chandler, AZ. The 200,000 sq.ft. center sits on a land area of 25.5 acres and has 1,285 feet of frontage. The site is located at the entrance to the communities of Ocotillo, Sun Lakes and Pecos Ranch and in the high-tech corridor near Intel, Motorola and Orbital Science. Area demographics include a population of 126,845 within five miles earning $86,183 as the average household income. The company also is developing Agua Fria Towne Center located at the intersection of Loop 101 Freeway and Camelback Road in Phoenix, AZ with a daily traffic count of 55,100 vehicles. The 536,000 sq.ft. center is anchored by Wal*Mart Supercenter. Area demographics include a population of 190,544 within five miles earning $49,394 as the average household income.

For more information, contact Vestar Development Co., 2425 East Camelback Road, Suite 750, Phoenix, AZ 85016; 602-866-0900; Web site: www.vestar.com.

The Peterson Cos. is developing the 500,000 sq.ft. Henson Square located at the intersection of Interstate 495 and Indian Head Highway in Fort Washington, MD with a daily traffic count of 127,924 vehicles. Area demographics include a population of 169,396 within the trade area earning $74,833 as the average household income. The company also is developing Washington Gateway located on New York Avenue in Washington, DC. The 400,000 sq.ft. center is situated on a land area of 42 acres. The tenant mix is expected to include a supermarket, home improvement store, general merchandisers, freestanding pads and hard and soft goods retailers. Area demographics include a population of 197,358 within the trade area earning $55,797 as the average household income.

For more information, contact The Peterson Cos., 12500 Fair Lakes Cr., Suite 400, Fairfax, VA 22033; 703-227-2000, Fax 703-818-1250; Web site: www.petersoncos.com.

CB Richard Ellis is leasing The Hub located at the intersection of Tippecanoe Avenue and Interstate 10 Freeway in San Bernardino, CA. The center is located near Home Depot, Circuit City, PetsMart, OfficeMax, Sportsmart, Best Buy, Costco and anchored by Sam’s Club. The company also is developing Van Buren Village located at the intersection of Van Buren Boulevard and Lincoln Avenue in Riverside, CA.

For more information, contact Tony Archer, CB Richard Ellis, 4141 Inland Empire Boulevard, Suite 100, Ontario, CA 91764-5002; 909-418-2028; Web site: www.cbre.com.

Menin Development Cos., Inc. is developing Downtown at the Gardens located at the intersection of PGA Boulevard and Alternate A1A in Palm Beach Gardens, FL with a daily traffic count of 175,000 vehicles. The 351,000 sq.ft. entertainment, lifestyle and mixed-use center is tenanted by COBB Theatres 16 and Whole Foods Market. Completion is slated for Spring 2004.

For more information, contact Menin Development Cos., Inc, 201 North U.S. Highway 1, Suite D5, Jupiter, FL 33477; 561-747-4883, Fax 561-748-8198; Email: info@menindevelopment.com; Web site: www.menindevelopment.com.

Benderson Development Co., Inc. is developing Naples Consumer Square located at the intersection of Interstate 75 and Immokalee Road in Naples, FL. The 350,000 sq.ft. center has three anchor spaces available. The site is located across the street from The Strand, a master-planned community with over 1,100 new homes and a 27-hole golf course.

For more information, contact Benderson Development Co., 570 Delaware Avenue, Buffalo, NY 14202; 716-886-0211, Fax 716-886-2269 or 8441 Cooper Creek Boulevard, University Park, FL 34201; 941-359-8303, Fax 941-359-1836.

Terranomics Retail Services is leasing Vista Del Mar Village located at the intersection of San Pablo Avenue and Richmond Parkway in Richmond, CA with a daily traffic count of 56,559 vehicles. The center has space of 12,250 sq.ft. available, as well as two quick-service restaurant pads with drive-thrus, a gas station, car wash and convenience store pad. Area demographics include a population of 87,000 within three miles earning $54,000.

For more information, contact Matt Kircher and Kent DeSpain, Terranomics Retail Services, 126 Post Street, 5th floor, San Francisco, CA 94108; 415-474-6100, Fax 415-771-1115.