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New Construction
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New Construction S.R. Weiner And Associates, Inc. is preleasing a 485,000 sq.ft. center located at the intersection of Route 30 and Erie Street/Route 21 in Massillon, OH. The site has an average daily traffic count of 50,190 vehicles. Area demographics include a population of 224,170 within 10 miles earning $51,820 as the average household income. Area retail includes Circuit City, Dick’s Sporting Goods, Kohl’s and PetsMart. For more information, contact S.R. Weiner And Associates, Inc., 1330 Boylston Street, Chestnut Hill, MA 02467; 617-232-8900.
The Vanguard Group is preleasing The Siena, 37,000 sq.ft. of retail space located at the intersection of Church Street and South Park Street in Montclair, NJ. The mixed-use project will include first floor retail space topped by over 100 upscale residential apartments complete with onsite parking. Area demographics include a population of 554,067 within five miles earning $78,791 as the average household income. The company also is preleasing The Wedgewood Building, a center located at the intersection of South Park Street and Bloomfield Avenue in Montclair, NJ. The center will include 2,200 sq.ft. to 10,000 sq.ft. of street-level retail space and up to 30,000 sq.ft. of multi-level space. The project will include a complete renovation of all storefronts and building façade. Area demographics include a population of 554,067 within five miles earning $78,791 as the average household income. The company also is preleasing Florham Village Towne Center, an 84,000 sq.ft. center located at the intersection of Columbia Turnpike and Ridgedale Avenue in Florham Park, NJ. The center has spaces available of 4,000 sq.ft. and 7,200 sq.ft. The center is currently anchored by Treasure Island, U.S. Post Office and Salon Di. Area retail includes Kings Supermarket, CVS, Starbucks, Trader Joe’s Supermarket, Cullens Gourmet and Kids Plus. The site has an average daily traffic count of 45,000 vehicles. For more information, contact Neal Richards, The Vanguard Group, 195 Columbia Turnpike, Florham Park, NJ 07932; 973-443-9700 Ext. 15; Web site: www.vanguardsite.com.
Paradise Development Group, Inc. is developing Paradise Shoppes of Summerville, a 62,797 sq.ft. center located at the intersection of Central Avenue and Orangeburg Road in Summerville, SC with an average daily traffic count of 30,000 vehicles. The center will be situated on a land area of 10.397 acres and will be anchored by a Publix supermarket. Opening is slated for 2007. For more information, contact Jon Mott, Paradise Development Group, Inc., 2901 Rigsby Lane, Safety Harbor, FL 34684; 888-PDG-RENT, Fax 727-726-2337; Email: gohara@paradisedev.com.
Hawkins Cos. Commercial Developers is developing a 70,000 sq.ft. center located at the intersection of State Highway 302 and U.S. Highway 78 in Olive Branch, MS. Area retail includes Home Depot, Wal*Mart, Lowe’s Home Improvement, Malco Theaters and Kroger. For more information, contact Paul Stephens, Hawkins Cos. Commercial Developers, 8645 West Franklin Road, Boise, ID 83709; 208-376-8522, Fax 208-376-8523; Email: pstephens@hawkinscompanies.com; Web site: www.hawkinscompanies.com.
The Taubman Co. is developing Northlake Mall, a 1.2 million sq.ft. mall located at the intersection of Interstate 77 and Reames Road in Charlotte, NC. Opening is slated for the Fall. The center will be anchored by a 180,000 sq.ft. Belk and a 180,000 sq.ft. Dillard’s, as well as a 165,000 sq.ft. Hecht’s, a 76,000 sq.ft. Dick’s Sporting Goods and movie theaters and will include over 120 shops. For more information, contact The Taubman Co., 200 East Long Lake Road, Suite 300, Bloomfield Hills, MI 48303-0200; 248-258-6800, Fax 248-258-7596; Web site: www.taubman.com.
Westfield is developing a 550,000 sq.ft. expansion project at the Westfield Shoppingtown Southcenter Mall in the Seattle/Tacoma, WA area. The expansion is slated to begin this summer and will increase the mall’s GLA to 1.7 million sq.ft. The expansion project will add an estimated 80 to 100 stores on the south end of the mall, including five to six sit-down restaurants, a 16-screen movie theater and two parking garages. Half of the project, including the movie theater, is set to open during the Spring 2007, with the remainder of the project opening in Spring 2008. For more information, contact Westfield, 633 Southcenter, Seattle, WA 98188; 206-246-7400; Email: southcenter@westfield.com.
Mid-America Development Partners, LLC is developing a 10-acre site adjacent to a Wal*Mart at the intersection of 127th Street and Illinois Route 59 in Plainfield, IL. The site is being divided into six parcels, including locations for a Bank of America branch, a Bob Evans restaurant, an Applebee’s restaurant, a Red Robin restaurant and two buildings of 10,000 sq.ft. each that will house a mix of retail stores, including a Starbucks and U.S. Cellular. Opening is slated for the second quarter of this year. For more information, contact Mid-America Development Partners, LLC, Two Mid-America Plaza, Third Floor, Oakbrook Terrace, IL 60181-4713; 630-954-7300, Fax 630-954-7304/7306; Web site: www.midamericagrp.com.
Atlantic Retail Properties is developing Topsham Crossing, a 200,000 sq.ft. center located at the intersection of Interstate 295 and Route 196 in Topsham, ME. Opening is slated for the summer. Area retail includes Hannaford Bros., Home Depot, Sears, Staples, Lowe’s Home Improvement, Wal*Mart, Shaw’s and T.J. Maxx. For more information, contact Steve Tomasello, Atlantic Retail Properties, 67 Batterymarch Street, Boston, MA 02110; 617-239-3600, Fax 617-239-3650; Email: stomasello@atlanticretail.com; Web site: www.atlanticretail.com.
Gateway Builders & Properties, LLC is preleasing Parkway at 17, a center located one mile north of U.S. 20 Bypass in Elkhart, IN. Opening is slated for later this year. The 28,500 sq.ft. center has spaces available of 1,500 sq.ft. to 4,400 sq.ft. For more information, contact Dan Brekke or Lori Snyder, Gateway Builders & Properties, LLC, 5230 Beck Drive, Suite 3A, Elkhart, IN 46516; 574-295-9944, Fax 574-389-8773.
National Commercial Brokers, Inc. is preleasing Epping Village, a 118,000 sq.ft. center located at the intersection of Route 125 and Main Street in Epping, NH. Opening is slated for the Fall. Area retail includes Wal*Mart Supercenter and Lowe’s Home Improvement. The center has spaces available of 1,100 sq.ft. to 110,000 sq.ft. The site has an average daily traffic count of 30,000 vehicles. Area demographics include a population of 40,785 within seven miles earning $55,380 as the average household income. For more information, contact Paul Rittenberg, National Commercial Brokers, Inc., 75 Second Avenue, Suite 315, Needham, MA 02494; 781-453-0360, Fax 781-453-0390.
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