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New Construction
The Quest Co. is preleasing Phase II of
The Shoppes at New Tampa, a center located at the intersection of Bruce B. Downs
and State Route 56 in Tampa, FL with an average daily traffic count 137,500
vehicles. Opening is slated for Summer 2004. The center is situated on a land
area of 12 acres.
For more information, contact Julia Sosa, The Quest Co., 921 Douglas Avenue,
Suite 200, Altamonte Springs, FL 32714; 407-786-4001, Fax 407-786-4003; Email:
julia@questcompany.com; Web site:
www.crescentretail.com.
Spectrum Realty Advisors, Inc. is preleasing Shoppes of Scenic Highway,
an 11,550 sq.ft. center located at the intersection of Scenic Highway and
Dogwood Road in Snellville, GA. Opening is slated for Spring 2004. The site has
an average daily traffic count of 40,089 vehicles.
For more information, contact Katherine James Isakson or Coleman Smith, Spectrum
Realty Advisors, Inc., 5871 Glenridge Drive, Suite 400, Atlanta, GA 30328;
404-252-2288, Fax 404-252-8666; Emails:
kisakson@spectrumrealtyadvisors.com and
csmith@spectrumrealtyadvisors.com.
StreetSide Developers, LLC is developing StreetSide at Bells Ferry, a
center located at the intersection of Bells Ferry Road and Eagle Drive in
Woodstock, GA. The site has an average daily traffic count of 58,933 vehicles.
Area demographics include a population of 120,304 within five miles earning
$87,054 as the average household income. The center is situated on a land area
of 10.93 acres to the northeast and 4.69 acres to the southeast.
For more information, contact StreetSide Developers, LLC, One Overton Park,
Suite 260, 3625 Cumberland Boulevard, Atlanta, GA 30339; 770-818-4220, Fax
770-818-4210; Web site:
www.streetsidedevelopers.com.
CentDev Properties, LLC is developing The Shops at North Town, a center
located at the intersection of Highway 115 and Interstate 40 in Statesville, NC.
The tenant mix will include a casual restaurant, dry cleaner, hair cuttery and
an ice cream and coffee shop. The center includes a 30,000 sq.ft. Fun Station
2000 family entertainment center and the 40,000 sq.ft. Riverfront Antique Mall.
The center is slated for occupancy during the Spring of 2004. Spaces available
will range from 1,050 sq.ft. to 60,000 sq.ft. The site has an average daily
traffic count of 74,000 vehicles.
For more information, contact Dale Tweedy, CentDev Properties, LLC, 16930 West
Catawba Avenue, Suite 206, Cornelius, NC 28031; 704-895-1535 Ext. 17, Fax
704-895-1504; Email: dtweedy@centdev.com;
Web site: www.centdev.com.
Aspen Development Group is developing The
Promenade at Beaver Creek, a 75,500 sq.ft. center located at the intersection of
Highway 55 and Haddon Hall Road in Apex, NC. The center is adjacent to the
Beaver Creek Commons development that will include Super Target, Lowe’s Home
Improvement and over 100,000 sq.ft. of small shop space. The company also is
developing The Promenade at North Market, a 24,452 sq.ft. center located at the
intersection of North Market Street and Eastwood Road in Wilmington, NC. The
center is situated on a land area of 1.29 acres. Lease rates range from $18.75
psf to $24 psf NNN. The site has an average daily traffic count of 69,995
vehicles.
For more information, contact Rick Vice, Aspen Development Group, 1801 East
Franklin Street, Suite 200-A, Chapel Hill, NC 27514; 919-933-9550.
Kimco Developers, Inc., Reininga Corp. and the Pratt Co.
are developing Hazel Dell Towne Center located between 88th and 94th Street on
Hazel Dell Avenue in Vancouver, WA. The $80 million mixed-use development is
situated on a land area of 42 acres. It will include 425,000 sq.ft. of retail
space, 25,000 sq.ft. of office space and 96 residential units. The center will
be anchored by a 123,735 sq.ft. Target, which will open next year.
For more information contact Kimco Developers, Inc., 3333 New Hyde Park Road,
New Hyde Park, NY 11042; 800-285-4626 or 630-322-9200 Fax 630-322-9204.
Timber Development Corp. is developing Supercenter Square, a 42,000 sq.ft.
center located on Highway 291 in Harrisonville, MO. The center is adjacent to a
200,000 sq.ft. Wal*Mart Supercenter. Tenants include Movie Gallery, Cato, Dollar
Tree, Shoe Show, Fantastic Sam’s, Advance America, Chinese Buffet, Guido’s
Pizza, El Mezcal restaurant and a nail salon. An outparcel will be sold to
Wendy’s. The center has small shop space available. The company also is
developing Supercenter Plaza located on Route 522 in Lewiston, PA. The center is
anchored by a 220,000 sq.ft. Wal*Mart Supercenter and is tenanted by Dollar
Tree, Cato, Payless Shoes, Subway, Cash Advance, Holiday Hair, Rentway, H&R
Block, American Home Patient, OIP Pizza and a Chinese restaurant. The outparcels
include Movie Gallery and Sears Appliance. One outlot is available. The company
also is developing Supercenter Crossings located on Highway 275 in Norfolk, NE.
The center is anchored by a 200,000 sq.ft. Wal*Mart Supercenter and 35,000 sq.ft.
of shops which include Cato, Dollar Tree, Great Clips, Super Chinese Buffet and
El Mezcal Mexican restaurant.
For more information, contact Douglas Bercu, Timber Development Corp., 3170
Palisades Court, Marietta, GA 30067; 770-857-0002.
CB Richard Ellis, Inc. is preleasing phase one of El Paseo Square located
at the intersection of El Paseo and San Pablo Avenue in Palm Desert, CA. Area
retail includes Starbucks, Tommy Bahama, Saks Fifth Avenue, Pottery Barn,
Williams-Sonoma and Ann Taylor. Phase one encompasses 12,000 sq.ft. and will
include Table Top Elegance, Bellissimo and Ft. Knox Jewelers, which is slated to
open by year’s end. Construction of phase two, which encompasses 9,300 sq.ft. is
currently underway, and will include tenants such as Four Seasons Swimwear, Sun
Optics and Kidz Enterprises, Inc., a children’s clothing store.
For more information, contact Maggie Montez, CB Richard Ellis, Inc., 355 South
Grand Avenue, Suite 3100; 760-341-2272 or 213-613-3333, Fax 213-613-3005; Web
site: www.cbre.com
Vision Real Estate, LLC is preleasing Glenbrook Centre, located at the
intersection of Vietnam Veterans Boulevard and New Shackle Island Road in
Hendersonville, TN. The center is adding 200,000 sq.ft. of retail and outparcel
space, which will include a Kroger supermarket. Current anchors include Target
and Kohl’s. The center will feature tree-lined streets, sidewalks and creeks,
fountains and lakes, and underground utilities. The site has an average daily
traffic count of 62,820 vehicles. Area demographics include a population of
204,819 within 10 miles earning $59,222 as the average household income.
For more information, contact Robert Foss, Vision Real Estate, LLC, 5550
Franklin Road, Suite 202, Nashville, TN 37220; 615-467-3788 Ext. 15, Fax
615-467-3789.
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