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New Construction
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New Construction Keller Williams Realty is preleasing Ranger Plaza, a 25,000 sq.ft. center located at the intersection of Pelham Street and Interstate 93 in Methuen, MA with a weekly traffic count of 1,000,000 vehicles. Anchors include Outback Steak House and McDonald’s. The center has spaces available ranging from 1,000 sq.ft. to 25,000 sq.ft. Opening is slated during Fall 2003. Area demographics include a population of 461,000 within 10 miles earning $75,000 as the average household income. For more information, contact Peter Robinson, Keller Williams Realty, 63 Park Street, Andover, MD 01810; 978-686-9020, Fax 978-749-6666. Skinner Bros. Realty is developing Cypress Creek, a master-planned, mixed-use development with approvals for 656,000 sq.ft. of retail space, 624,000 sq.ft. of office space, 740 multi-family residences and 393 hotel rooms located at the intersection of Interstate 75 and State Road 56 in Pasco County, FL. The development is adjacent to Cypress Creek Towne Centre Regional Mall.For more information, contact A.C. Skinner, Skinner Bros. Realty, 2963 DuPont Avenue, Suite 2, Jacksonville, FL 32217; 904-732-9400, Fax 904-731-5272; Email: info@skinnerrealty.com; Web site: www.skinnerrealty.com. Lat Purser & Associates is preleasing Matthews Station, a 34,000 sq.ft. center located on John Street in Matthews, NC with a daily traffic count of 12,300 vehicles. The center has spaces available of 739 sq.ft., 962 sq.ft., 1,025 sq.ft. and 1,500 sq.ft. Opening is slated during Spring 2003. Area demographics include a population of 43,557 within three miles earning $88,000 as the average household income. For more information, contact Gina Crymes, Lat Purser & Associates, 4530 Park Road, Suite 300, Charlotte, NC 28209; 704-519-4275, Fax 704-525-8700. Timber Development Corp. is developing Supercenter Plaza, a 42,000 sq.ft. center located on Route 522 in Lewiston, PA with a daily traffic count of 17,000 vehicles. The center has three outparcels available and is adjacent to a 220,000 sq.ft. Wal*Mart Supercenter and a McDonald’s. The center is 80% preleased to Payless Shoes, Holiday Hair, Dollar Tree, Subway, Movie Gallery and a check-cashing store. The company also is developing a 10,880 sq.ft. CVS Pharmacy located at the intersection of Walnut Bottom Road and Route 11 in Shippensburg, PA.For more information, contact Douglas Bercu, Timber Development Corp., 3170 Palisades Court, Marietta, GA 30067; 770-857-0002. Regency Centers is developing a center situated on a land area of 15.25 acres at the intersection of Atascocita Road and Will Clayton Parkway in Atascocita, TX. The center will be anchored by a 62,680 sq.ft. Kroger supermarket and will include 31,500 sq.ft. of retail shop space and three outparcels. Opening is slated during Fall 2003.For more information, contact Regency Centers, 121 West Forsyth Street, Suite 200, Jacksonville, FL 32202; 904-598-7000, Fax 904-634-3428; Web site: www.regencycenters.com. Colliers Turley Martin Tucker is developing Town Center Commons, a 24,475 sq.ft. center located on East 116th Street in Fishers, IN with a daily traffic count of 25,000 vehicles. The center is located near Super Target, Marsh Supermarkets, Kroger, Sam’s Club, Menard’s and a Wal*Mart Supercenter. The center has spaces available ranging from 1,300 sq.ft. to 7,200 sq.ft. Opening is slated for March or April, 2003. Area demographics include a population of 381,000 within 10 miles earning $77,000 as the average household income. The center also is located across from the city’s municipal center.For more information, contact Colliers Turley Martin Tucker, 2500 One American Square, Indianapolis, IN 46282; 317-634-6363, Fax 317-639-0504. DeBartolo Property Group is planning to develop a 204,000 sq.ft. Wal*Mart Supercenter located at the intersection of Barnes Lake Road and Route 30 in North Huntingdon, PA. The proposed site is situated on a land area of 37 acres and is across from Kohl’s and next to Lincoln Hills Country Club. Construction is expected to begin during January 2003 with completion slated for Spring 2004. The company also plans to bring in as many as 15 restaurants and specialty shops to complete the center.For more information, contact DeBartolo Property Group, 15438 North Florida Avenue, Suite 200, Tampa, FL 33613; 813-908-8400, Fax 813-908-2206; Web site: www.debartolopropertygroup.com. Real Property Specialists, Inc. is developing The Avenue at Westchase, a center located at the south side of Linebaugh Avenue, near Sheldon Village in Tampa, FL with a daily traffic count of 30,000 vehicles. Area demographics include a population of 145,547 within five miles earning $56,570 as the average household income.For more information, contact Wes Lewis, Real Property Specialists, Inc., 2124 Whisper Lakes Boulevard, Orlando, FL 32837; 407-438-4575, Fax 407-438-4578; Email: alan@realpropertyspecialists.com; Web site: www.realpropertyspecialists.com. Kramont Realty Trust is developing The Shops at Wellington Ridge, a 150,000 sq.ft. center located at the intersection of Highland Avenue and West 15th Street in Chester, PA. The area also will include 118 single-family public housing units, 36 home ownership units, a senior living facility and a community center. The center will be tenanted by a 30,000 sq.ft. supermarket, a 25,000 sq.ft. junior department store and a 14,000 sq.ft. drug store and is expected to include a bank and family and fast-food restaurants. For more information, contact Kramont Realty Trust, 580 West Germantown Pike, Plymouth Plaza, Suite 200, Plymouth Meeting, PA 19462; 610-825-7100, Fax 610-834-8110. Westwood Group is developing Lakes Crossing, a 280,000 sq.ft. center located at the intersection of U.S. 31 and Sternberg Road in Muskegon, MI with a daily traffic count of 30,000 vehicles. The center has spaces ranging from 1,200 sq.ft. to 35,000 sq.ft. available. Opening is slated during Fall 2003. Area demographics include a trade-area population of 302,621 earning $48,486 as the average household income. Area retailers include Toys "R" Us, Elder Beerman, JCPenney, Sears, Bed Bath & Beyond, Pier 1, Barnes & Noble, T.J. Maxx, Menard’s and the Lakes Mall. The company also is developing Ludington Crossing, a 100,000 sq.ft. center located at the intersection of U.S. 31 and U.S. 10 in Ludington, MI. Area retailers include Meyer, Home Depot and Wal*Mart. The center has spaces available ranging from 1,600 sq.ft. to 20,000 sq.ft. Opening is slated during Fall 2003. Area demographics include a trade-area population of 85,000 earning $39,234 as the average household income. For more information, contact Michael J. Bowen, Westwood Group, 900 Third Street, Suite 204, Muskegon, MI 49440; 231-722-9999, Fax 231-722-9960. Trammell Crow Co. is developing Baldwin Park Village Center, a 170,000 sq.ft. center located near downtown Orlando, FL. The company currently is preleasing spaces from 1,200 sq.ft. to 10,000 sq.ft. Area demographics include a population of 268,828 within five miles averaging $53,773 as the average household income. For more information, contact Amy Young, 1900 Summit Tower Boulevard, Suite 750, Orlando, FL 32810; 407-618-1254, Fax 407-618-1230; Email: ayoung@trammellcrow.com; Web site: www.trammellcrow.com. |