New Construction
[ Home ] [ Up ] [ Home Stores Expanding Nationwide ] [ Who's Opening & Where ] [ Lease Signings ] [ New Construction ] [ Buyers & Sellers ] [ Food Retailers Expanding Nationwide ] [ Lead Sheet ] [ Automotive Retailers Expanding Nationwide ] [ Sources Of Financing ] [ Real Estate Professionals Making The News ] [ Exclusives ] [ Space Place ]

 

New Construction

CB Richard Ellis, Inc. is preleasing Palm Springs Shopping Center, an 87,400 sq.ft. center located at the intersection of Sunrise Way and Vista Chino Drive in Palm Springs, FL. Phase II, which is 62,000 sq.ft., is slated to open during Fall 2004. Inline shop space and two pads are available. The center is anchored by Stater Bros. Market, Hollywood Video and McDonald’s. Demographics include a trade-area population of 77,089 earning $57,562 as the average household income. The center is being developed by Centers Dynamic, Inc.

For more information, contact David Catlin, CB Richard Ellis, Inc., 909-418-2023, 4141 Inland Empire Boulevard, Suite C, Ontario, CA 91764.

White-Leasure Development Co. is planning to develop Gateway Center, a project located along the north side of 116th Street, near the intersection with State Avenue, in Marysville, WA. The center will be situated on a land area of 13 acres. The center’s possible anchor store, WinCo Foods, would be larger than 92,000 sq.ft., with two to three other retail spaces up to 29,000 sq.ft.

For more information, contact White-Leasure Development Co., PO Box 1277, Boise, ID 8370-1277; 208-345-1842.

Ripco Real Estate is preleasing Mount Vernon/Pelham Retail Center, a center located at the intersection of Hutchinson River Parkway and East Sanford Boulevard in Mount Vernon, NY with an average daily traffic count of 88,000 vehicles. The 291,462 sq.ft. center has 140,000 sq.ft. of ground floor space, 102,462 sq.ft. of second-level space and a 42,748 sq.ft. freestanding building. The development will be tenanted by Best Buy and Target, with Bed Bath & Beyond and T.J. Maxx on the second floor. Area demographics include a population of 909,255 within five miles earning $70,430 as the average household income.

For more information, contact John Hanlon, Ripco Real Estate, 333 Jericho Turnpike, Jericho, NY 11753; 516-933-8880.

Transcan Development, LLC is developing Canyon Crossings, a planned 499,000 sq.ft. center located at the intersection of Interstate 215 and 60 Freeway in Riverside, CA. Canyon Crossings is part of the Canyon Springs 180-acre master-planned community. The center will include a mixture of large scale retail, specialty stores, restaurants and cafes. Opening is slated for late 2004. The site of the center is situated on a land area of 84.7 acres. The site has an average daily traffic count of 277,000 vehicles.

For more information, contact Transcan Development, LLC, 3189 Danville Boulevard, Suite 245, Alamo, CA 94507; 925-552-9742, Fax 925-552-9748; Email: info@transcanllc.com.

Eclipse Development Group is developing Downey Landing, a 400,000 sq.ft. center located in Los Angeles County, CA. The center will be a portion of a larger 160-acre mixed-use development. The entire development will include Kaiser Hospital, with expanded medical offices and corporate facilities totaling over 1.8 million sq.ft. There will also be an approximately 500,000 sq.ft. business park and nearly one million sq.ft. of motion picture studios. The development will have a number of retailers and health club facilities. The center has spaces available of 1,500 sq.ft. to 8,000 sq.ft.

For more information, contact Paul C. Bernard, Eclipse Development Group, 17802 Sky Park Circle, Suite 200, Irvine, CA 92614; 949-251-8828, Fax 949-251-9979.

Lakeside Real Estate is preleasing Second Street Promenade, a center located at the intersection of Second Street and Garey Avenue in Pomona, CA. Area retail includes Quizno’s Subs, Magic Wok, Stuffed Pizza, Starbucks, Subway, Mamma Ilardo’s, TCBY Treats, nightclubs, antique shops, galleries, specialty retail, collectibles stores and restaurants. The center also will include 24 residential lofts.

For more information, contact Jason Abboud, Lakeside Real Estate, 23120 Alicia Parkway, Suite 200, Mission Viejo, CA 92692; 949-463-7653; Email: lakesidere@cox.net; Web site: www.secondstreetpromenade.com.

Brooke Realty and Development Corp. is preleasing The Reserve, a 144,000 sq.ft. center located at the intersection of Clint Moore Road and U.S. 441 in Boca Raton, FL. The center will be designed all in brick and be surrounded by landscaping. The center will be anchored by a 51,000 sq.ft. Publix and will be tenanted by restaurants, including Villa Rosano, Tempura House and Healthy Bites Grill. Opening is slated for January 2004.

For more information, contact Brooke Realty and Development Corp., 1801 Clint Moore Road, Suite 204, Boca Raton, FL 33487; 561-998-6055, Fax 561-998-0395.

The Sembler Co. is planning to develop Southern Trace Plaza, a 170,000 sq.ft. center anchored by Publix located at the intersection of County Road 466 and County Road 101 in The Villages, FL. The center is tenanted by Albertsons, Beall’s Outlet, Winn-Dixie, Belk, Blockbuster Video, Walgreens, Eckerd, Taco Bell, Kentucky Fried Chicken, Panera Bread and Bath & Body Works. Opening is slated for Summer 2004.

For more information, contact The Sembler Co., 5858 Central Avenue, St. Petersburg, FL 33707; 727-384-6000, Fax 727-343-4272; Web site: www.sembler.com.

RMC Property Group is planning to develop Phase III of the Village Market of Wesley Chapel Shopping Center with an 8,400 sq.ft. freestanding building located at the intersection of State Road 54 and State Road 581 in Wesley Chapel, FL. Completion is slated for November. The new phase will increase the Village Market to 100,000 sq.ft. The center is anchored by Winn-Dixie Marketplace and Beall’s Outlet, while Waffle House and Burger King occupy the outparcels.

For more information, contact Michael Leeds, RMC Property Group, 1733 West Fletcher Avenue, Tampa, FL 33612; 813-960-8154 Ext. 222, Fax 813-963-2596; Web site: www.rmcpg.com.

The Macerich Co. is developing an additional 100,000 sq.ft. of space at Washington Square, a 1.25 million sq.ft. center located at 9585 SW Washington Square Road in Tigard, OR. The development is expected to include 20 to 25 retailers by 2005. Construction on the existing property is expected to begin January 2004, with the addition of a four-level parking deck. Retail expansion is planned to take place in 2005. Pedestrian walkways, road enhancements and other amenities will be integrated to encourage pedestrian traffic. Completion is slated for the 2005 holiday season. The center is currently anchored by Nordstrom, Meier & Frank, JCPenney, Sears and Mervyn’s. Tenants include Pottery Barn, Ann Taylor, Coach, Banana Republic, J. Crew, Abercrombie & Fitch, Talbots and Gap.

For more information, contact The Macerich Co., 401 Wilshire Boulevard, Suite 700, Santa Monica, CA 90401; 310-394-6000, Fax 310-395-2791; Web site: www.macerich.com.