New Construction
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New Construction

Mid-Northern Equities is planning to develop a 200,000 sq.ft. retail center. The center will be a multi-use, three-phase development at the corner of Calumet Avenue and U.S. 30 in Dyer, IN. Phase one is expected to open by Spring 2003. Phase two will include four acres of office space, while phase three will include an area of 77 acres for residential development, featuring single-family home lots, townhomes and duplexes.

For more information, contact William A. Shiner, Mid-Northern Equities, 3100 Dundee Road, Suite 304, Northbrook, IL 60062-4884; 847-559-8882, Fax 847-559-9160.

Bosshardt Realty Services, Inc. is developing a 15,000 sq.ft. center at the intersection of Archer Road and Southwest 34th Street in Gainsville, FL. The site is at the southwest corner of the University of Florida campus. Spaces of 1,187 sq.ft. to 3,500 sq.ft. are expected to become available by Fall 2002. Asking rent is $22 psf to $25 psf.

For more information, contact Mike Ryals, Bosshardt Realty Services, Inc., 5542 Northwest 43rd Street, Gainsville, FL 32653; 352-371-6100, Fax 352-376-2737; Email: mryals@gnv.fdt.net; Web site: www.bosshardtrealty.com.

Sleiman Enterprises is developing a 188,000 sq.ft. Super Target on Wells Road, across the street from the Orange Park Mall, in Jacksonville, FL. The company also has a land area of 19.4 acres for two proposed developments, of which 3,998 sq.ft. is designated for a restaurant user and 10,000 sq.ft. for a retail building. The site is adjacent to Home Depot.

For more information, contact Jennifer Ward, Sleiman Enterprises, 1 Sleiman Parkway, Jacksonville, FL 32216-4977; 904-731-8806, Fax 904-731-1109; Email: jward@sleiman.com.

CBL & Associates Properties, Inc. is developing Cobblestone Village, a 305,000 sq.ft. center in St. Augustine, FL on a land area of 45 acres at the intersection of Old Moultrie Road and State Highway 312. A Spring 2003 completion is expected. The center will be anchored by Beall’s Department Store, Publix, Ross ‘Dress for Less,’ Michaels, Bed Bath & Beyond and Pier 1 Imports. The site is expected to have space for two additional anchors and approximately 20 specialty retailers.

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.

North American Properties is developing Camp Creek Marketplace, a 750,000 sq.ft. center in Atlanta, GA at the intersection of Interstate 285 and Camp Creek Parkway. A Spring 2003 completion is expected. The $90 million development will be tenanted by Target, Lowe’s Home Improvement, BJ’s Wholesale Club, Barnes & Noble, Marshalls, Ross ‘Dress for Less,’ Linens ‘n Things, PetsMart, Staples, Red Lobster, Ruby Tuesday, Longhorn Steakhouse and Chick-fil-A.

For more information, contact Tonya Creekmore, North American Properties, 9755 Dogwood Road, Suite 101, Atlanta, GA 30075; 770-645-6566, Fax 770-643-9540; Web site: www.naproperties.com.

AAC Real Estate Services, Inc. is developing the second and final phase of Brier Creek Commons, a 750,000 sq.ft. center located on a land area of 2,000 acres in Raleigh, NC. Phase two will be a lifestyle center anchored by Eastern Federal Theater. The company is planning a Spring 2003 completion. AAC Real Estate Services also is developing a 2,000,000 sq.ft. office complex, which is expected to become a gateway into Phase two. The first phase includes BJ’s Wholesale Club, Dick’s Sporting Goods, T.J. Maxx, HomeGoods, Michaels, PetsMart, Ross ‘Dress for Less’ and Rack Room Shoes. Outparcels include Applebee’s, Bob Evans, McDonald’s and Johnny Carino’s Country Italian. A residential component already contains an Arnold Palmer signature golf course, being developed by Toll Brothers, and 1,400 luxury apartments. The Brier Creek project is adjacent to the Research Triangle Park and the Raleigh-Durham International airport at the intersection of the new Interstate 540 outerbelt and U.S. Highway 70.

For more information, contact Jim Broemer, AAC Real Estate Services, Inc., 10601 Globe Road, Raleigh, NC 27617; 919-821-2700, Fax 919-755-2200.

Southern Stores, Inc. is developing Camp Creek Center, a 33,000 sq.ft. center on a land area of 12 acres at the intersection of Goodman Road and U.S. Highway 78 in Olive Branch, TN. The site will feature a 15,564 sq.ft. building, which already includes a 6,000 sq.ft. Dollar Tree, a 17,860 sq.ft. building, which will feature a 2,000 sq.ft. Lenny’s Sub Shop, a 4,160 sq.ft. Cato Fashions and five outparcel pads. An additional 30,000 sq.ft. could be added to the site. The center is 65% pre-leased.

For more information, contact Bob Wenner, Southern Stores, Inc., PO Box 381288, Germantown, TN 38183-1288; 901-759-5322, Fax 901-759-5334.

Moody Rambin Interests is developing the Silverlake Village Shopping Center, a 500,000 sq.ft. center located at the intersection of Texas 288 and FM 518 in Houston, TX. The center’s anchors will include Kohl’s, SuperTarget, Marshalls, Linens ‘n Things, Ross ‘Dress for Less,’ Pier 1 Imports, Michaels and PetsMart. Cotenants will include Radio Shack, Pearl Vision, Starbucks, Famous Footwear, Chili’s Grill & Bar, IHOP and Whataburger. A Spring 2003 completion date is anticipated. The site is across from Wal*Mart Supercenter.

For more information, contact Ed James, Moody Rambin Interests, 3003 West Alabama, Houston, TX 77098; 713-773-5548, Fax 713-773-5595; Email: ed.james@moodyrambin.com; Web site: www.moodyrambin.com.