New Construction
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New Construction

Goodman Real Estate Services Group, LLC is developing Ridgeville Crossing, a 70-acre shopping center located in North Ridgeville, OH. Demographics include a population of 87,990 within five miles earning $78,093 as the average household income. The site plan proposes three anchors with freestanding stores of 125,000 sq.ft., 135,000 sq.ft. and 155,000 sq.ft. Also, up to eight outparcels are planned for the project.

For more information, contact Goodman Real Estate Services Group, LLC, 23220 Chargin Boulevard, Suite 310, Cleveland, OH 44122; 216-378-0066, Fax 216-378-0060; Web site: www.goodmanrealestate.com.

Hopkins Real Estate Group is developing Valenica Village, a 28,400 sq.ft. center located at the northeast corner of Newhall Ranch Road and Dickason Drive in Santa Clarita, CA. The project’s tenants will consist of neighborhood retailers. The site also will house a freestanding pad for a restaurant user. The projected daily traffic count is more than 100,000 vehicles.

For more information, contact Larry Weese, Hopkins Real Estate Group, 13 Corporate Plaza, Suite 200, Newport Beach, CA 92660; 949-640-1770; Fax 949-644-8631; Web site: www.hopkinsgroup.com.

Boos Development Group, Inc. is leasing Publix Atlantis, which is located on the southwest corner of Military Trail and Melaleuca Lane in Lake Worth, FL. Completion is scheduled for November 2003. Demographics include a population of 120,655 within three miles earning $66,393 as the average household income. The site is near 7-Eleven, Walgreens, Texaco and Chevron.

For more information, contact Kim Boos-Cuervo, Boos Development Group, Inc., 2651, McCormick Drive, Clearwater, FL 33759; 727-669-2900; Email: kbooscuervo@boosdevelopment.com.

ARC Properties, Inc. and Wheeler Companies are developing Montgomeryville Plaza, a 70,000 sq.ft. big box shopping center in Montgomeryville, PA. The site fronts Route 309 and is located near Giant, Michaels, CompUSA, Bed Bath & Beyond, Barnes & Noble, Target, PetsMart and Party City. ARC Properties, Inc. also is acquiring single tenant properties with, 15-year or more NNN leases, in the $1.5 million to $50 million price range. Land for development metro NY is also of interest for drug and food store sites and power centers.

For more information, contact Robert J. Ambrosi, ARC Properties, Inc., 1401 Broad Street, Clifton, NJ 07013; 973-249-1000; Fax 973-249-1001; Web site: www.arcproperties.com.

McClinton & Co., Inc. is planning to develop the second phase of Festival Plaza located at the intersection of Vaughn and Taylor Roads in Montgomery, AL. The first phase contains a 60,000 sq.ft. Rave Motion Pictures and 20,000 sq.ft. of retail shops, including Mellow Mushroom, TLR Outdoors, Atlanta Bread Co., OFS, Marble Slab Creamery and Cingular Wireless. Phase two encompasses 40,000 sq.ft. Demographics include a population of 32,021 within three miles earning an average household income of $100,665.

For more information, contact McClinton & Company, Inc., 2777 Zelda Road, Montgomery, AL 36106, 334-270-9653; Web site: www.mcclintonco.com.

Shears Delivery Interests is developing Penn Plaza Shopping Center, a 16,800 sq.ft. specialty center in Oklahoma City, OK with a daily traffic count of 41,600 vehicles. The center will be located in front of Sam’s Club and Super Wal*Mart. Construction is slated to begin in September 2002, with delivery of space in January 2003. Demographics include a population of 45,457 within three miles earning $55,462 as the average household income.

For more information, contact Rodney Lerner, Shear Delivery Interests, One Greenway Plaza, Suite 930, Houston, TX 713-892-5200.

P.O’B. Montgomery & Co. is developing Pecanland Commons a 225,000 sq.ft. center located in Monroe, LA. Target, Old Navy and Bed, Bath & Beyond are proposed anchors. The site has a daily traffic count of 50,000 vehicles with frontage on I-20 and Powell Road. Demographics show a population of 37,572 within three miles earning $27,867 as the average household income.

For more information, contact P.O’B. Montgomery and Company, 5550 LBJ Freeway, Suite 380, Dallas, TX 7520; 972-490-4900, Fax 972-490-4905.

Aronov is developing Dogwood Promenade, a 445,154 sq.ft. shopping center located in Jackson, MS. The site plan proposes a supermarket, home improvement store and a 125,000 sq.ft. discounter to anchor the project. Up to 10 outparcels also are proposed. Demographics include a trade population of 766,416 earning $74,000 as the average household income.

For more information, contact Aronov, 3500 Eastern Boulevard, Montgomery, AL 36116; 334-277-1000, Fax 334-272-0747; Web site: www.aronov.com.

Thomas Enterprises, Inc. and Forum Development Group are developing The Pavilion at La Costa, a 270,000 sq.ft. specialty center located at the northwest corner of El Camino Real and Leucadia and Calle Barcelona in Carlsbad, CA approximately 30 miles north of San Diego. The estimated opening is for Spring 2003. Demographics include a population of 76,450 within three miles earning $90,727 as the average household income.

For more information, contact Ron Pfohl or Dave Miniutt, Thomas Enterprises, Inc. and Forum Development Group, LLC., 300 Village Green Circle, Smyrna, GA 30080; 770-801-9886, Fax 770-805-8898.

Synergy Retail Group is developing Shoppes of Brandon, a 450,000 sq.ft. project located in Brandon, FL with frontage on I-75 and a daily traffic count of 77,112 vehicles. Phase one of the project will have 280,000 sq.ft. of inline space and pad sites. The projected opening for the first phase is during the third quarter of 2003. The site plan for the initial phase proposes two anchors of 100,000 sq.ft. each and two anchors of 45,000 sq.ft. each. A freestanding store of 30,000 sq.ft. also is proposed, along with five outparcels. Demographics include a population of 136,484 within five miles earning $65,938 as the average household income. The site is located across from the Brandon Town Center Mall.

For more information, contact Barry Ruzat, Synergy Retail Group, 2424 N. Federal Highway, Suite 459, Boca Raton, FL 33431, 561-395-4143.

Blatteis and Schnur is developing North Shore Village, a 375,000 sq.ft. lifestyle, retail, recreation and restaurant project located on the northwest corner of Willow and Waukegan Roads in Northbrook, IL with a daily traffic count of 98,000 vehicles. Demographics include a population of 68,846 within three miles earning $194,890 as the average household income. The site is located near Willow Creek, which is anchored by Kohl’s, OfficeMax, Michaels and Target.

For more information, contact Barry Laskov, Blatteis and Schnur, 500 North Dearborn Street, Suite 605, Chicago, IL 60610; 312-321-1555, Fax 312-321-1444.

Turnberry Associates is developing Destin Commons, a 400,000 sq.ft. center in Destin, FL. The center is scheduled to open in Summer 2003. Marquee Cinemas, Bass Pro Outdoor World and Build a Bear have signed leases. Retail Estate, Inc. is handling the leasing.

For more information, contact Turnberry Associates, 19501 Biscayne, Boulevard, Suite 400, Aventura, FL 33180; 305-937-6200 or Real Estate, Inc., 3250 Mary Street, Suite 404, Coconut Grove, FL 33133; 305-442-2911, Fax 305-445-8195; Web site: www.realestate.com.