New Construction
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New Construction

Pomerleau Real Estate has a parcel that can be developed as an addition to the Randolph Shopping Center on Route 12 in Randolph, VT. The center currently is tenanted by a Shaws supermarket, Aubuchon Hardware, Dollar Store and Hollywood Video. The developer will land lease or build to suit up to 12,000 sq.ft.

For more information, contact Brian Waxler, 69 College Street, PO Box 6, Burlington, VT 05402; 802-863-8210, Fax 802-863-8219; Email: bwaxler@vermontrealestate.com; Web site: www.vermontrealestate.com.

Garabedian Properties is developing Plaza Real, a mixed-use urban center located at the intersection of John McCain Road and Colleyville Boulevard in Colleyville, TX. The 14,340 sq.ft. two-level lifestyle center will have Mediterranean/Spanish-style architecture and consist of restaurants, boutiques and office space. Spaces are available for lease from 1,000 sq.ft. to 10,000 sq.ft. The site has an average daily traffic count of 40,000 vehicles.

For more information, contact Mike Garabedian, Garabedian Properties, PO Box 1038, Colleyville, TX 76034; Web site: www.garabedianproperties.com. For more information about preleasing, contact Lequita Davenport, Jennifer Gray Commercial Realty, LLC, 5200 Colleyville Boulevard, Colleyville, TX 76034; 817-498-6002, Fax 817-498-6070, Cell 214-802-0560; Email: ldavenport@jennifergrayrealty.com; Web site: www.jennifergrayrealty.com.

The Rouse Co. and La Cantera Development Co. are developing the Shops at La Cantera, a 1.3 million sq.ft. high-end retail center in San Antonio, TX. Construction is expected to begin this year with completion slated for Spring 2004. The center is part of a 1,677-acre development at the intersection of Interstate 10 and Loop 1604. Other parts of the development include the La Cantera Golf Club and Palmer Course at La Cantera, the Six Flags Fiesta Texas theme park and the Westin La Cantera Resort. The open-air shopping center will be anchored by Neiman Marcus, Nordstrom, Dillard’s and Foley’s. In addition, 150 specialty shops, home furnishing stores and restaurants are planned. The Rouse Co. also is developing the Village of Merrick Park in Coral Gables, FL. The 850,000 sq.ft. mall will be situated on a 20-acre site and will be anchored by Neiman Marcus and Nordstrom. Other components include more than 100 fashion specialty retail stores, international boutiques, restaurants and cafes. The mall is expected to open in September.

For more information, contact The Rouse Co., 10275 Little Patuxent Parkway, Columbia, MD 21044; 410-992-6000; Web site: www.therousecompany.com.

The Starrett Corp. is developing a 500,000 sq.ft. retail and office complex at three Bronxchester Urban Renewal Sites in Bronx, NY. The three sites total about 250,000 sq.ft. of vacant land. The project will include 314,000 sq.ft. of office space, a 3,000 sq.ft. community center and 171,850 sq.ft. of retail space that will include a 51,500 sq.ft. supermarket. Construction is expected to begin in May 2003 and take about 18 months to complete.

For more information, contact The Starrett Corp., One Park Avenue, New York, NY 10016; 212-616-3200, Fax 212-616-6254; Email: info@starrettcorp.com; Web site: www.starrettcorp.com.

BUDelran LLC is developing the Delran Town Center on Route 130 in Delran, NJ. The 390,000 sq.ft. power center will include a 165,000 sq.ft. Lowe’s and a 63,000 sq.ft. ShopRite. The project has three pad sites that include a U.S. Post Office and an 18,000 sq.ft. convenience center. Area demographics include a population of 128,789 residing in a five-mile radius earning an average household income of $75,879 and an average daily traffic count at the site of 45,000 vehicles.

For more information, contact BUDelran LLC, 475 Route 304, New City, NY 10956; 845-638-4545. For more information about leasing, contact Nick Romagnoli, R.J. Brunelli & Co., 400 Perrine Road, Suite 405, Old Bridge, NJ 08857; 732-721-5800; Fax 732-721-9241; Web site: www.njretailrealty.com.

Trammell Crow Co. is developing an 80,000 sq.ft. center at the intersection of Sossaman and Guadalupe Roads in Mesa, AZ. Construction of the drug-store anchored project is expected to be complete by Fall 2002. Pads and shop space from 1,200 sq.ft. to 6,000 sq.ft. are available.

For more information, contact Matt Milinovich, Trammell Crow Co., 2850 East Camelback Road, Suite 270, Phoenix, AZ 85016; 602-222-4000, Fax 602-285-3141; Email: mmilinovich@trammellcrow.com.

Celestial Capital Group, Inc. is developing the Route 6 Plaza shopping center at the intersection of Route 6 and Mohegan Avenue in Mohegan Lake, NY. The 36,000 sq.ft. strip center will be anchored by a freestanding 10,000 sq.ft. CVS. Tenants taking occupancy in the 26,000 sq.ft. multi-tenant building in the Spring include Verizon Wireless, Subway and Charlie Brown’s Steakhouse.

For more information, contact Celestial Capital Group, 10 East 40th Street, New York, NY 10016; 646-935-1200, Fax 646-935-1515. For more information about leasing, contact Eric Goldschmidt, Goldschmidt & Associates, One Chase Road, Scarsdale, NY 10583; 914-723-1616, Fax 914-723-7720; Web site: www.goldschmidtandassociates.com.

Sandor Development is developing Wal*Mart Plaza in North Fort Myers, FL. The 70,000 sq.ft. strip center will be anchored by a Wal*Mart Supercenter and other tenants include Fashion Bug and Dollar Tree. Area demographics include a population of 101,929 residing in a five-mile radius earning an average household income of $40,942. The average daily traffic count at the site is 45,000 vehicles. Neighboring retailers include Home Depot, Kmart and Kash N Karry. Spaces are available in the center between 1,200 sq.ft. and 40,000 sq.ft.

For more information, contact Brad Combs, Sandor Development, 2220 North Meridian Street, Indianapolis, IN 46208; 317-925-9011, Fax 317-927-0725; Email: bccombs@sandordev.com; Web site: www.sandordev.com.

North American Properties is building Cruse Marketplace, a 75,000 sq.ft. retail center in Atlanta, GA. The Publix-anchored center will be located on 18 acres at the intersection of GA 20 and Samples Road. The center is two-thirds leased to a Japanese restaurant, a dry cleaners, a nail salon and a tanning salon. The average asking rent is $21 psf. Construction began in January. The company additionally is developing Southwest Station in Eden Prarie, MN. Plans for the site include 250 apartments and 60,000 sq.ft. of restaurant, specialty retail and office space.

For more information about Cruse Marketplace, contact North American Properties, 9755 Dogwood Road, Suite 150, Atlanta, GA 30075; 770-645-6566, Fax 770-643-9540; Web site: www.naproperties.com. For more information about Southwest Station, contact Michael Pacillio, North American Properties, 300 Prairie Center Drive, Suite 225, Minneapolis, MN 55344; 972-866-9555.