New Construction
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New Construction


Hagan Seay Properties is developing Middletown Station Shops, a 15,000 sq.ft. center located at the intersection of Shelbyville Road and English Station Road in Louisville, KY with a daily traffic count of 35,515 vehicles. The center has spaces available of 1,280 sq.ft. and 3,200 sq.ft. and outlots available ranging from 0.5 acres to two acres. An October 2002 completion is expected. Area retailers include Kroger. Area demographics include a population of 314,837 within 10 miles earning $83,935 as the average household income.

For more information, contact Merida Sherman, Hagan Seay Properties, 12975 Shelbyville Road, Suite 100, Louisville, KY 40243; 502-245-8800, Fax 502-245-7747; Email: merida@haganseay.com.

W.M. Grace Development Co. is developing Red Mountain Plaza, a 215,000 sq.ft. center located at the intersection of Power and McKellips Road in Mesa, AZ with a daily traffic count of 71,000 vehicles. The center is cotenanted by Home Depot, Michaels Arts & Crafts, PetsMart, Chili’s Grill & Bar, McDonald’s and Taco Bell. The site is directly across from a new Target and a 58,000 sq.ft. Safeway supermarket. The company also is developing Bashas’ Plaza, a 180,000 sq.ft. center located at the intersection of Power and Chandler Heights Roads in Queen Creek, AZ with a daily traffic count of 24,000 vehicles. The site is adjacent to the master-planned residential and golf course communities of Seville and Power Ranch, AZ. Area demographics include a population of 20,000 within three miles earning $63,000 as the average household income.

For more information, contact W.M. Grace Development Co., 7575 North 16th Street, Suite 1, Phoenix, AZ 85020; 602-956-8254, Fax 602-943-3548; Email: wmgraceco@msn.com.

SC Properties LLC is developing San Luis Obispo Marketplace, a 650,000 sq.ft. center located in San Luis Obispo, CA. The center will be anchored by Lowe’s, Target, Macy’s and Kohl’s. Area demographics include a trade area population of 300,000 earning an average household income of $56,000.

For more information, contact Sean McCain, SC Properties LLC, 510 South Grand Avenue, Suite 300, Glendora, CA 91741; 626-963-1505, Fax 626-963-5930.

DLC Management Corp. is developing The Shoppes at Danbury, a 62,000 sq.ft. center located off of Interstate 84 in Danbury, CT with a daily traffic count of 79,000 vehicles. Area demographics include a population of 207,511 within 10 miles earning $100,230 as the average household income.

For more information, contact DLC Management Corp., 580 White Plains Road, Tarrytown, NY 10591; 914-631-3131, Fax 914-631-6533; Web site: www.dlcmgmt.com.

The Woodmont Co. is developing The Park at Adam’s Creek, a 200,000 sq.ft. center located at the intersection of East Kenosha Street and North 23rd Street in Broken Arrow, OK with a daily traffic count of 113,965 vehicles. Area retailers include Lowe’s. Area demographics include a population of 72,725 within five miles earning $44,824 as the average household income. The company also is developing the three phases of Anamosa Crossing located at the intersection of Highway 16 and Anamosa Street and Eglin Drive in Rapid City, SD. Phase I includes 265,000 sq.ft. on a land area of 36.58 acres; Phase II includes a land area of 13.862 acres, while Phase III includes a land area of 18.42 acres. Area retailers include Target, Kmart, Sam’s Wholesale Club, Sheel’s Sports Shop, Shopko, OfficeMax, Toys "R" Us, Menard’s Home Improvement, Wal*Mart, Herbergers, Sears, JCPenney, Office Depot, Hobby Lobby and Borders Books & Music. Area demographics include a population of 107,552 within 20 miles. The average household income within 10 miles is $42,313.

For more information, contact The Woodmont Co., 2100 West 7th Street, Fort Worth, TX 76107-2306; 817-732-4000; Web site: www.woodmont.com.

Leibsohn & Co. is developing Covington Place, a 40,000 sq.ft. center located at the intersection of Kent Kangley Road and Highway 18 in Covington, WA with a daily traffic count of 50,800 vehicles. The site sits on a land area of five acres and is directly across from Fred Meyer, Safeway and Rite Aid. Area demographics include a population of 133,380 within the trade area earning $83,815 as the average household income.

For more information, contact Ron Waldbaum or Harold Lefrandt, Leibsohn & Co., 40 Lake Bellevue Drive, Suite 270, Bellevue, WA 98005; 425-455-1777, Fax 425-455-2196; Emails: rwaldbaum@leibsohn.com or hlefrandt@leibsohn.com; Web site: www.leibsohn.com.

GBT Realty Corp. is developing Paducah Commons, a 182,000 sq.ft., supermarket-anchored center located at the intersection of Interstate 24 and US 60 in Paducah, KY with a daily traffic count of 30,520 vehicles. The site, on a land area of 36.7 acres, has six box sizes available from 16,000 sq.ft. to 54,000 sq.ft. and three outparcels available ranging from 1.20 acres to 2.25 acres. Area demographics include a population of 72,817 within 10 miles earning $45,881 as the average household income. An anchor tenant will be occupying 125,000 sq.ft. on a land area of 12.63 acres.

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

Kosmont Realty Corp. is developing three retail projects across from the Compton Fashion Square. Long Beach Plaza is a 23,000 sq.ft. project located in the center of the square. The center will have street visible units fronting Long Beach Boulevard, as well as interior stores that will most likely be anchored by a 5,000 sq.ft. to 7,000 sq.ft. national video or shoe store. Golden Plaza is a 13,500 sq.ft. center that fronts Golden Street. The center also is expected to be anchored by a 3,000 sq.ft. to 7,000 sq.ft. national tenant. Long Beach @ Pine Plaza is a 6,200 sq.ft. center located across from the northern end of the square at Pine Street. The center will be anchored by a 3,500 sq.ft. national Coin Laundry.

For more information, contact Armando Aguirre, Kosmont Realty Corp., 601 South Figueroa Street, Suite 3550, Los Angeles, CA 90017; 213-599-5191, Fax 213-869-3927; Email: aaguirre@kosmont.com.

Jacoby Development, Inc. is developing two phases of Suwanee Crossroads located at the intersection of Lawrenceville Suwanee Road and Satellite Boulevard in Suwanee, GA with a daily traffic count of 29,419 vehicles. Phase I includes 50,000 sq.ft. of retail shops anchored by a 208,044 sq.ft. Wal*Mart Supercenter. Phase II includes 20,000 sq.ft. of retail shops. Phase I tenants include Radio Shack, Dollar Tree, Payless, CiCi’s Pizza, Sally Beauty, Fantastic Sam’s, Cingular Wireless, Great Wraps, Spherion Staffing, Rhino Video Games, Mama’s Board & Bike, Hong Kong Garden II and USA Nail Salon.

For more information, contact Mitch or Derek Jacoby, Jacoby Development, Inc., 1000 Abernathy Road NE, Suite 1250, Atlanta, GA 30328; 770-399-9930, Fax 770-206-9150.