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New Construction
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New Construction Cedarwood Development is developing The Shops at Waterville Commons, a 20,000 sq.ft. center located at the intersection of Main Street and Interstate 95 with an average daily traffic count of 36,000 vehicles. Opening is slated for the Fall. Area demographics include a population of 49,000 within 10 miles earning $46,000 as the average household income. Area retail includes Waterville Commons, a center anchored by a Wal*Mart Supercenter, Home Depot and Staples Office Supply. For more information, contact Jodi Cross, Cedarwood Development, 765 Merriman Road, Akron, OH 44313; 330-836-9971 Ext. 188.
GVA Williams is preleasing Colonial Plaza, a center located on Thomaston Avenue in Waterbury, CT. The property is situated on a land area of 19.1 acres. Area retail includes Wendy’s, Dunkin’ Donuts, Dollar Dream, Shop Fresh Market, Railroad Salvage and San Marino’s Restaurant. Area demographics include a population of 158,602 within five miles earning $53,774 as the average household income. For more information, contact Dominick Musilli, GVA Williams, 1055 Washington Boulevard, Stamford, CT 06901; 203-961-6582; Email: dmusilli@gvawilliams.com.
WRS, Inc. is preleasing Chamblee Village, a 233,000 sq.ft. center located at the intersection of Peachtree Industrial Boulevard and Chamblee Tucker in Chamblee, GA. The center will be anchored by Wal*Mart and will have spaces available of 1,300 sq.ft. to 6,000 sq.ft. Opening is slated for June 2006. Area demographics include a population of 90,195 within three miles earning $80,704 as the average household income. The company also is preleasing Hudson Bridge Crossing, a 287,891 sq.ft. center located at the intersection of Hudson Bridge/Eagles Landing and Interstate 75 in Stockbridge, GA. The center will be anchored by Wal*Mart and will have spaces available of 1,200 sq.ft. to 40,000 sq.ft. Opening is slated for June 2006. Area demographics include a population of 81,359 within five miles earning $64,916 as the average household income. For more information, contact Erbie Blackwell or Jason Smallwood, WRS, Inc., 2361 South Centennial Avenue, Aiken, SC 29803; 803-649-1411; Web site: www.wrsrealty.com.
Tamaqua Associates, LP is preleasing a 205,310 sq.ft. Wal*Mart Supercenter-anchored center located at the intersection of Route 309 and Tide Road in Tamaqua, PA. Opening is slated for the Fall. The site has an average daily traffic count of 41,000 vehicles. Area demographics include a population of 77,750 within 10 miles earning $37,972 as the average household income. The center will include a 155,078 sq.ft. Wal*Mart Supercenter; 50,232 sq.ft. of small shop space and four acres of outparcels. For more information, contact Perry Russ, Tamaqua Associates, LP, 300 Market Street, Johnstown, PA 15901; 814-532-6186, Fax 814-536-5505; Email: pruss@zamias.net.
The Wilder Cos. is developing The Newbry, a 600,000 sq.ft. mixed-use redevelopment, including 150,000 sq.ft. of retail, in the Back Bay of Boston, MA. Area demographics include a population of 72,062 within one mile earning $93,600 as the average household income. The company also is developing The Crossings at Walkers Brook, a 400,000 sq.ft. center located in Reading, MA. The center is anchored by Jordan’s Furniture, an IMAX Theatre and Home Depot. Cotenants include Linens ‘n Things, Chili’s, Starbucks, Macaroni Grill, Bank of America, Bear Rock Café and Staples. Area demographics include a population of 994,737 within 10 miles earning $77,462 as the average household income. Opening is slated for the summer. For more information, contact The Wilder Cos., Horticultural Hall, 300 Massachusetts Avenue, Boston, MA 02115; 617-247-9200, Fax 617-247-4044; Web site: www.wilderco.com.
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