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New Construction
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New Construction CBL & Associates Properties, Inc. is developing The Shoppes at Hamilton Place, a 130,000 sq.ft. center located in Chattanooga, TN. Opening is slated for Spring 2003. The site sits on a land area of 13 acres and will be anchored by Marshalls and Bed Bath & Beyond. A third anchor is expected to join shortly. The site is adjacent to Hamilton Place, a regional mall. For more information, contact John Foy, CBL & Associates Properties, Inc., One Park Place, 6148 Lee Highway, Suite 300, Chattanooga, TN 37421-6511; 423-855-0001, Fax 423-490-8662; Email: john_foy@cblproperties.com; Web site: www.cblproperties.com.
Henry S. Miller Commercial is developing the Chisolm Trail Center, a 25,000 sq.ft. center located at the intersection of FM 3406 and Chisolm Trail in Round Rock, TX with a daily traffic count of 29,455 vehicles. The site sits on a land area of 11.91 acres and has spaces available from 1,500 sq.ft. to 4,500 sq.ft., as well as pad sites of 25,000 sq.ft. and up. Area demographics include a population of 85,444 within five miles. For more information, contact Grace Young, Henry S. Miller Commercial, 9111 Jollyville Road, Suite 100, Austin, TX 78759; 512-794-9400, Fax 512-794-9515; Email: gyoung@henrysmiller.com; Web site: www.henrysmiller.com.
Paradise Development Group, Inc. is developing Publix at St. Andrews, a 65,271 sq.ft. center located at the intersection of St. James Drive and St. James Boulevard in Port St. Lucie, FL. The center will be anchored by a 44,271 sq.ft. Publix supermarket and will have space of 13,300 sq.ft. available. Opening is slated for the third quarter of 2003. Area demographics include a population of 68,426 within five miles earning $52,035 as the average household income. The company also is developing Paradise Shoppes of Prominence Point, an 83,914 sq.ft. center located at the intersection of Interstate 575 and Route 5 in Canton, GA. The center will be anchored by a 45,314 sq.ft. Publix supermarket and will have four outparcels available. Area demographics include a population of 75,168 within five miles earning $69,940 as the average household income. For information regarding Publix at St. Andrews, contact Ray Walsh, Paradise Development Group, Inc., 3265 Meridian Parkway, Suite 100, Weston, FL 33331; 954-217-4880, Fax 954-217-3992; Email: rwalsh@paradisedev.com. For information regarding Paradise Shoppes of Prominence Point, contact Gina Thomas or Shannon Martin, 100 Glenridge Point Parkway, Suite 475, Atlanta, GA 30328; 404-663-4288 for Gina Thomas or 404-312-4305 for Shannon Martin, Fax 404-459-8141.
Shary Thur & Associates is leasing Ashbrook Commons, a 300,000 sq.ft. center located at the intersection of Ashburn Village Boulevard and Route 7 in Loudoun County, VA with a daily traffic count of 60,000 vehicles. The center, which has big box and small shop space available, as well as outparcel pads, is slated for a Spring 2003 opening. Area demographics include a population of 23,662 within three miles earning $111,000 as the average household income. For more information, contact Shary Thur, Shary Thur & Associates, 8260 Greensboro Drive, Suite 275, McLean, VA 22102; 703-847-0865, Fax 703-847-1435; Email: retailsites@sharythur.com; Web site: www.sharythur.com.
GBT Realty Corp. is developing Pinecrest Marketplace, a 122,532 sq.ft. center located at the intersection of Bloomingdale Avenue and Lithia Pinecrest Road in Brandon, FL with a daily traffic count of 18,950 vehicles. The center is located adjacent to Albertsons and will have spaces available ranging from 14,000 sq.ft. to 108,532 sq.ft., as well as outparcels of 0.92 acres and 1.26 acres. Area demographics include a population of 171,606 within seven miles earning $59,637 as the average household income. The company also is developing Pensacola Commons, a 139,732 sq.ft. center located at the intersection of Bayou Boulevard and 9th Avenue in Pensacola, FL with a daily traffic count of 33,000 vehicles. The center, which sits on a land area of 17.86 acres, has spaces available ranging from 13,200 sq.ft. to 108,532 sq.ft., as well as an outparcel of 4,000 sq.ft.For more information, contact GBT Realty Corp., 201 Summit View Drive, Suite 110, Brentwood, TN 37027; 615-370-0670, Fax 615-373-3111.
Hopkins Real Estate Group is developing Rye Canyon Marketplace, a 150,000 sq.ft. center located at the intersection of Newhall Ranch Road and Rye Canyon Road in Santa Clarita, CA with an average daily traffic count of 42,273 vehicles. The center will have four freestanding pads, including two for fast food drive-thru restaurants. Area demographics include a population of 112,482 within five miles earning $98,263 as the average household income. The company also is developing Stevenson Ranch Plaza, a 44,000 sq.ft. center located at the intersection of Stevenson Ranch Parkway and Hemingway Avenue in Stevenson Ranch, CA with an average daily traffic count of 45,198 vehicles. The center offers an additional 14,000 sq.ft. of a freestanding pad or shop space that would be available on a corner pad. Area demographics include a population of 92,847 within five miles earning $102,470 as the average household income. For more information, contact Larry Weese or Jeff Hopkins, Hopkins Real Estate Group, 13 Corporate Plaza, Suite 200, Newport Beach, CA 92660; 949-640-1770.
The Widewaters Group is developing a 100,000 sq.ft. center located at the intersection of Routes 119 and 30 in South Greensburg, PA with a daily traffic count of 100,500 vehicles. Area demographics include a population of 73,928 within five miles earning $43,989 as the average household income. The company also is developing a site located at the intersection of Pennsylvania Route 51 and Elliot Road in Jefferson, PA with a daily traffic count of 30,000 vehicles. The center sits on a land area of 30 acres and is located near Kmart, Ames, Toys "R" Us, Kids "R" Us, Barnes & Noble and OfficeMax. Area demographics include a population of 127,047 within five miles earning $49,719 as the average household income. The company also is developing a site located at the intersection of NYS Route 11 and Rowley Street in Gouverneur, NY with a daily traffic count of 12,350 vehicles. Area retailers include P&C Foods, Ames, McDonald’s, Kinney Drugs and Rite Aid. Area demographics include a population of 12,479 within 10 miles earning $35,070 as the average household income.For more information, contact Jim Lavelle, The Widewaters Group, 5786 Widewaters Parkway, PO Box 0003, DeWitt, NY 12314; 315-445-8613, Fax 315-445-8570; Email: jlavelle@widewaters.com; Web site: www.widewaters.com.
Prime Commercial, Inc. is developing Phase II of the South Jordan Town Center located at 10400 South Redwood Road in South Jordan, UT. The center, which is anchored by Harmon’s Grocery, Walgreens and Del Taco, has pad sites, big box and shop space available. Phase II will be anchored by South Jordan City Offices. Area demographics include a population of 170,442 within five miles earning $51,149 as the average household income.For more information, contact Tim Simonsen or Stuart Thain, Prime Commercial, Inc., 6900 South 900 East, Suite 100, Midvale, UT 84047; 801-561-5800, Fax 801-561-8900; Emails: tim@primeslc.com and stuart@primeslc.com; Web site: www.primeslc.com.
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