New Construction
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New Construction

W.M. Grace Development Co. is developing Frontier Village, a center located off Highway 69 in Prescott, AZ with an average daily traffic count of 41,300 vehicles. Area demographics include a population of 82,165 within 15 miles earning $28,693 as the average household income. Phase I will include Home Depot, Target, Wal*Mart, Bashas’ and a movie theater.

For more information, contact W.M. Grace Development Co., 7575 North 16th Street, Suite 1, Phoenix, AZ 85020; 602-956-8254, Fax 602-943-3548; Email: wmgrace@msn.com.

The Peterson Cos. is developing Washington Gateway, a 400,300 sq.ft. center located on New York Avenue in Washington, DC with an average daily traffic count of 135,000 vehicles. Demographics include a trade-area population of 245,791 earning $51,233 as the average household income. The site is situated on a land area of 42 acres.

For more information, contact Paul Weinschenk, The Peterson Cos., 12500 Fair Lakes, Suite 400, Fairfax, VA 22033; 703-227-2000, Fax 703-818-1250; Email: pweinschenk@petersoncos.com; Web site: www.petersoncos.com.

Heritage Development Co. is developing a 504,328 sq.ft. center located at the intersection of Interstate 480 and Transportation Boulevard in Garfield Heights, OH with an average daily traffic count of 200,000 vehicles. Demographics include a trade-area population of 549,362 earning $51,648 as the average household income. The center is anchored by Wal*Mart, OfficeMax, Bed Bath & Beyond and Giant Eagle. The company also is developing a 94,107 sq.ft. center located at the intersection of Boston Road, West 130th Street and Bennett Road in North Royalton, OH. Area demographics include a population of 38,371 within three miles earning $88,227 as the average household income. The company also is developing The Marketplace at Four Corners, a 700,000 sq.ft. center located at the intersection of Aurora Road and Lake Street in Bainbridge, OH. The center is anchored by Kohl’s, Wal*Mart, Linens ‘n Things, Marshalls, PetsMart, Famous Footwear, Babies "R" Us, Dick’s and Michaels. Demographics include a trade-area population of 191,304 earning $49,359 as the average household income. The company also is developing Phase II of the Marketplace at Four Corners, a 470,000 sq.ft. center located at the intersection of Kent Road, Geauga Lake Road and Pettibone Road in Bainbridge, OH. Demographics include a trade-area population of 191,304 earning $49,359 as the average household income. The company also is developing Richland Town Centre, a 540,000 sq.ft. center located the intersection of Theater Drive, Elton Road and Eisenhower Boulevard in Johnstown, PA. The center is anchored by Wal*Mart Supercenter, Michaels, T.J. Maxx and Dollar Tree. Demographics include a trade-area population of 232,621 earning $37,437 as the average household income.

For more information, contact Heritage Development Co., 34555 Chagrin Boulevard, Moreland Hills, OH 44022; 440-914-4300, Fax 440-247-9767; Web site: www.heritage-development.com.

WRS, Inc. is developing the following properties: Centre At Lilburn, a 263,000 sq.ft. center located at the intersection of Pleasant Hill Road and Highway 29 in Lilburn, GA with an average daily traffic count of 51,700 vehicles. The center is anchored by a Wal*Mart Supercenter; Shoppes At Trickum, a 255,800 sq.ft. center located at the intersection of Highway 92 and Trickum in Woodstock, GA with an average daily traffic count of 32,900 vehicles. The center is anchored by a Wal*Mart Supercenter. Demographics include a trade-area population of 39,547 earning $78,982 as the average household income; Shoppes at Wake Forest, a 255,077 sq.ft. center located at the intersection of U.S. Highway 1 and U.S. Highway 1-A in Wake Forest, NC with an average daily traffic count of 37,000 vehicles. The center is anchored by Wal*Mart Supercenter. Demographics include a trade-area population of 44,419 earning $70,048 as the average household income; Dorman Centre, a 500,000 sq.ft. center located at the intersection of Highway 29 and Blackstock Road in Spartanburg, SC with an average daily traffic count of 56,400 vehicles. The center is anchored by Wal*Mart Supercenter, Home Depot, Michaels and Ross and Spring Lake Plaza, a 216,577 sq.ft. center located at the intersection of Highway 87 and State Route 1601 in Spring Lake, NC. The center will be anchored by Wal*Mart.

For more information, contact Gary Anthony or Erbie Blackwell, WRS, Inc., PO Box 7339, Aiken, SC 29804; 803-649-1411, Fax 803-502-2219.

The Sembler Co. is developing Southern Trace Plaza, a 170,000 sq.ft. Publix-anchored center located at the intersection of County Road 466 and County Road 101 in The Villages, FL. Area retail includes Albertsons, Beall’s Outlet, Winn-Dixie, Belk, Blockbuster Video, Walgreens, Eckerd, Taco Bell, Kentucky Fried Chicken, Panera Bread and Bath & Body Works.

For more information, contact Frank Militello, The Sembler Co., PO Box 41847, St. Petersburg, FL 33743-1847; 727-384-6000; Web site: www.sembler.com.

Territory, Inc. is developing Southern Highlands Marketplace, a 175,000 sq.ft. center located at the intersection of Cactus and Southern Highlands Parkway in Las Vegas, NV. Opening is slated during the Fall. Tenants include Smith’s and Walgreens.

For more information, contact Terri Sturm or Tami Lord, Territory, Inc., 7448 West Sahara Avenue, Las Vegas, NV 89117; 702-222-1402, Fax 702-227-0746; Emails: tstrum@territoryinc.com or tamilord@territoryinc.com; Web site: www.territoryinc.com.

Sheri Arnold Properties, Inc. is preleasing Metropolis Shops on Dowlen, a 23,000 sq.ft. center located on Dowlen Road in Beaumont, TX with an average daily traffic count of 24,000 vehicles. Area retail includes Target, Toys "R" Us, Shoe Carnival, Dress Barn, Kroger Signature, Foley’s, Barnes & Noble, Office Depot, Bed Bath & Beyond, Marshall’s and Dillard’s.

For more information, contact Sheri Arnold Properties, Inc., 2620 Laurel, Beaumont, TX 77702; 409-833-5055, Fax 409-833-5125; Web site: www.sheriarnoldproperties.com.

Stirling Properties is redeveloping Kings Country Village, a 173,421 sq.ft. center located at the intersection of U.S. Highway 165 and Highway 167 in Pineville, LA with an average daily traffic count of 55,784 vehicles. Tenants include Rite Aid, Blockbuster Video, Firestone Car Care, Subway, Little Caesar’s and Taco Bell.

For more information, contact Gisele G. Abadie, Stirling Properties, 109 Northpark Boulevard, Suite 300, Covington, LA 70433; 985-898-2022; Email: gaba@stirlingprop.com; Web site: www.stirlingprop.com.