|
New Construction
|
|
|
New Construction Synergy Retail Group is leasing the 130,000 sq.ft. Shoppes At Treasure Coast located on U.S. 1 (North Federal Highway) at the southern entrance to the Treasure Coast Mall with a daily traffic count of 116,799 vehicles in Jensen Beach, FL. The center will be tenanted by Men’s Wearhouse, Mattress Giant, Panera Bread and Wine and Spirits & More. CAM charges are estimated at $4 psf. Area demographics include a population of 148,052 within seven miles earning $61,100 as the average household income. The company also is marketing Phase II of the 300,000 sq.ft. The Fountains of Miramar located at the intersection of Miramar Parkway and Dykes Road in Miramar, FL with a daily traffic count of 127,562 vehicles. Phase II is proposed to contain a 40,000 sq.ft. Whole Foods, Marshalls and a third anchor. For more information, contact Denise Leyendecker or Melody Dowd, Synergy Retail Group, 2424 North Federal Highway, Suite 459, Boca Raton, FL 33431; 561-395-4143 for Denise Leyendecker and 561-395-3303 for Melody Dowd. Skilken Properties is leasing space of 1,200 sq.ft. to 10,000 sq.ft. at the 95,000 sq.ft. Alderman Grove in Palm Harbor, FL at the intersection of U.S. 19 and Alderman Road, with a daily traffic count of 101,567 vehicles. The center, which is anchored by Albertson’s, is slated for a Summer 2003 opening. For more information, contact Skilken Properties, 910 East Broad Street, Columbus, OH 43205; 614-253-8654, Fax 614-253-2991. The Sembler Co. is redeveloping the Clearwater Mall, a 795,403 sq.ft. center at the intersection of U.S. 19 and State Route 60, with a daily traffic count of 260,820 vehicles in Clearwater, FL. The company projects a Fall 2003 opening. Area demographics include a population of 1,130,305 within 15 miles earning $50,955 as the average household income. The company also is developing the 46,400 sq.ft. University Village, a Publix-anchored center located in the central business district of St. Petersburg, FL, with a daily traffic count of 13,663 vehicles. The company is projecting a 2003 opening. The Sembler Co. also is redeveloping the 600,000 sq.ft. Lindbergh Plaza in Atlanta, GA. The site, which is near Home Depot, will serve the Midtown and Buckhead markets with a daily traffic count of 188,790 vehicles. Area demographics include a population of 473,551 within seven miles earning $76,106 as the average household income. For more information, contact The Sembler Co., 5858 Central Avenue, PO Box 41847, St. Petersburg, FL 33743-1847; 727-384-6000, Fax 727-343-4272; Web site: www.sembler.com. Developers Diversified Realty is developing the 369,000 sq.ft. The Pike at Rainbow Harbor in downtown Long Beach, CA. The project is located between the Long Beach Convention Center and the Aquarium of the Pacific. The Pike also will feature an outdoor amphitheater, an oceanside corridor, open-air marketplaces, an antique carousel and a ferris wheel. Area demographics include a population of 1,335,136 within 10 miles earning $65,452 as the average household income. The company also is developing City Place, a 450,000 sq.ft. center in downtown Long Beach, CA. The site, formerly occupied by Long Beach Plaza, will be anchored by a 134,147 sq.ft. Wal*Mart, a 57,945 sq.ft. Albertson’s, a 14,884 sq.ft. Sav-on drugstore, a 29,945 sq.ft. Nordstrom Rack and a 28,073 sq.ft. Ross ‘Dress for Less.’ Phase I is expected to open in the Fall. Leasing opportunities still exist throughout the development. Area demographics include a population of 1,483,895 within 10 miles earning $65,193 as the average household income.For more information, contact Developers Diversified Realty, 3300 Enterprise Parkway, Beachwood, OH 44122; 216-755-5500, Fax 216-755-1500; Web site: www.ddrc.com. The Linder Co. is developing Merchants’ Pointe, a Borders Books & Music-anchored center located at the intersection of 116th Street and Keystone Avenue in Indianapolis, IN. The site is located directly across the street from Merchants’ Square, a 358,193 sq.ft. shopping center. Average daily traffic counts include 59,444 vehicles. Area demographics include a population of 132,358 within five miles earning $99,520 as the average household income. For more information, contact The Linder Co., 8555 North River Road, Suite 375, Indianapolis, IN 46240; 317-844-5313, Fax 317-574-3135; Web site: www.lindercompany.com. Pine Tree Commercial Realty, LLC is developing Danville Crossing at the intersection of State Highway 1 and West Newell Road in Danville, IL. The 27,050 sq.ft. center will be tenanted by an 8,030 sq.ft. Fashion Bug, a 6,160 sq.ft. Dollar Tree, a 4,940 sq.ft. Shoe Department, a 4,510 sq.ft. Sam Goody, a 2,200 sq.ft. Victory Beauty and a 1,200 sq.ft. Check N Go. Construction began in April and completion is slated for this Fall. Neighboring retailers include Wal*Mart Supercenter, Menards and Kerasotas Theater, which is slated to open in Summer 2003. For more information, contact Pine Tree Commercial Realty, 51 Sherwood Terrace, Suite C, Lake Bluff, IL 60044; 847-735-0600, Fax 847-735-0664; Web site: www.pinetreecommercial.com. The Widewaters Group is developing Widewater Commons at the intersection of Route 119 and Route 201 in downtown Connellsville, PA, with a daily traffic count of 50,000 vehicles. Area demographics include a population of 28,350 within five miles earning $33,976 as the average household income. The company also is developing a 150,000 sq.ft. center on Route 21 and Interstate 79 in Waynesburg, PA, with a daily traffic count of 22,000 vehicles. Area tenants include Giant Eagle, Shop ‘N Save and Ames. Area demographics include a population of 22,462 within five miles earning $25,555 as the average household income. The company also is renovating Widewater Commons, which will include a 45,000 sq.ft. Shop ‘N Save and an additional 35,350 sq.ft. of small-shop space, in Waynesburg, PA. Waynesburg College is located within one mile of the site and has a student population of 2,300. The site is located on Route 21 with a daily traffic count of 26,000 vehicles. Area demographics include a population of 22,462 within five miles earning $35,555 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. Maestas & Ward is developing Bernalillo Plaza, a center consisting of 43,000 sq.ft., located at the intersection of U.S. 550 and NM 313 in Bernalillo, NM with a daily traffic count of 26,300 vehicles. Area demographics include a population of 64,968 within 10 miles earning $52,202 as the average household income. For more information, contact Steve Maestas, Maestas & Ward, 7620 Jefferson NE, Albuquerque, NM 87109; 505-878-0001, Fax 505-878-0002; Email: stevemaestas@maestasandward.com; Web site: www.maestasandward.com.
|