New Construction
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New Construction


Regency Centers is developing 4S Commons Town Center, a 265,430 sq.ft. center located at the intersection of Dove Canyon Road and Camino Del Norte in San Diego, CA. The center will be anchored by Ralph’s, Bed Bath & Beyond, Cost Plus, Sav-On and Metropolis Furniture. Demographics include a trade-area population of 43,949 earning $95,306 as the average household income.

   For more information, contact Regency Centers, 265 Santa Helena, Suite 211, Solana Beach, CA 92075; 858-847-4600; Web site: www.regencycenters.com.


Kite Development
is developing Greyhound Commons, a 200,000 sq.ft. center located on U.S. 431 in Carmel, IN. Area demographics include a population of 94,143 within five miles earning $113,020 as the average household income.

   For more information, contact Gregg Poetz, Kite Development, 30 South Meridian Street, Suite 1100, Indianapolis, IN 46204; 317-577-5600, Fax 317-577-5605; Email: gpoetz@kiteco.com; Web site: www.kiteco.com.

 

The Widewaters Group is developing Widewater Commons, a center located at the intersection of Route 119 and Route 201 in Connellsville, PA. The site has an average daily traffic count of 32,000 vehicles. Area demographics include a population of 28,336 within five miles earning $32,718 as the average household income.

   For more information, contact Jim Lavelle, The Widewaters Group, 5786 Widewaters Parkway, PO Box 0003, Dewitt, NY 13214; 315-445-8613, Fax 315-445-8570; Email: jlavelle@widewaters.com.

 

Stoltz Management Co. is preleasing Springhouse Village Center, a 156,688 sq.ft. center located at the intersection of Sumneytown Pike and Bethlehem Pike in Springhouse, PA with an average daily traffic count of 42,400 vehicles. The center has spaces available of 1,500 sq.ft. to 83,000 sq.ft. Area demographics include a population of 40,440 within three miles earning $104,185 as the average household income.

   For more information, contact Mark Curcio or Gloria Mercado, Stoltz Management Co., 725 Conshohocken State Road, Bala Cynwyd, PA 19004; 888-777-3577 Ext. 50 or 888-777-3577 Ext. 55; Emails: mcurcio@stoltzusa.com and gmercado@stoltzusa.com; Web site: www.stoltzusa.com.

 

Vestar Development Co. is developing Green River Ranch Towne Center, a 350,000 sq.ft. center located at the intersection of Riverside Freeway and Green River Road in Corona, CA. Opening is slated for Spring 2006. The site has an average daily traffic count of 275,000 vehicles. Area demographics include a population of 237,000 within seven miles earning $94,635 as the average household income. The company also is developing Queen Creek Marketplace, a one million sq.ft. center located at the intersection of Ellsworth and Rittenhouse Roads in Queen Creek, AZ. Opening is slated for 2006. Area demographics include a population within five miles earning $73,345 as the average household income.

   For more information, contact Vestar Development Co., 2425 East Camelback Road, Suite 750, Phoenix, AZ 85016; 602-866-0900, Fax 602-955-2298; Web site: www.vestar.com.

 

Maestas  & Ward Commercial Real Estate is planning to develop a center located at the intersection of Main Street and Paseo del Canon in Taos, NM. The site has an average daily traffic count of 25,975 vehicles. Spaces available include anchor space, freestanding retail and restaurant pad sites with drive-thru, specialty shop space of 1,200 sq.ft. and up and office and hotel sites. Area demographics include a population of 30,785 earning $45,132 as the average household income.

   For more information, contact Steve Maestas or Kino James, Maestas & Ward Commercial Real Estate, 7620 Jefferson NE, Albuquerque, NM 87109; 505-878-0001, Fax 505-878-0002; Emails: steve@maestasandward.com and kino@maestasandward.com; Web site: www.maestasandward.com.

 

The Peterson Cos. is developing Virginia Gateway, a 700,000 sq.ft. center located at the intersection of Route 29, 55 and Linton Hall Road in Gainesville, VA with an average daily traffic count of 68,000 vehicles. Opening is slated for the Summer. Tenants include Target, Lowe’s Home Improvement, Giant, Starbucks, Panera Bread, Pier 1 Imports, PetsMart, Ruby Tuesday, Pizzeria Uno, La-Z-Boy and IHOP.

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

 

Welco Realty, Inc. is preleasing the redevelopment of Seaview Square, a center located at the intersection of Route 18, Route 35 and East Mall Drive in Ocean Township, NJ. Area demographics include a population of 204,492 within seven miles earning $62,917 as the average household income. The company also is preleasing a 130,000 sq.ft. center slated to open at the intersection of South Orange Avenue and Grove Street in Newark, NJ. Opening is slated for Summer or Fall 2005. Area demographics include a population of 765,658 within five miles earning $57,543 as the average household income.

   For more information, contact Welco Realty, Inc., 2525 Palmer Avenue, New Rochelle, NY 10801; 914-576-7500, Fax 914-576-7596.

 

New England Development is developing The Shops at 5, a 500,000 sq.ft. center located at the intersection of Route 3 and Long Pond Road in Plymouth, MA. Opening is slated for the Fall. Demographics include a trade-area population of 107,065 earning $66,500 as the average household income. The center will be anchored by BJ’s Wholesale, T.J. Maxx ‘n More and The Sports Authority.

   For more information, contact New England Development, One Wells Avenue, Newton, MA 02459-3211; 617-965-8700, Fax 617-243-7385; Web site: www.nedevelopment.com.