|
New Construction
|
|
|
New Construction Trademark Property Co. is planning to develop two town centers in Lewisville and Allen, TX. Market Street – Lewisville will be a 50-acre, 665,000 sq.ft. mixed-use town center along the Interstate 35E corridor. Plans include 425,000 sq.ft. of retail, 30,000 sq.ft. of Class A office space and 200 residential units above the retail. Opening is slated for 2007. Market Street – Montgomery Farm in Allen will comprise 600,000 sq.ft. of mixed-use space on a land area of 50 acres. Phase I includes 350,000 sq.ft. of retail, 50,000 sq.ft. of Class A office space and 200 multi-family residential units. Opening is slated for 2007. The center is located at the intersection of U.S. 75 and Bethany Drive. For more information, contact Dana Hansen, Trademark Property Co., 301 Commerce Street, Suite 3635, Fort Worth, TX 76102; 817-870-1122, Fax: 817-810-5390; Email: dhansen@trademarkdealmakers.net; Web site: www.trademarkdealmakers.net.
Steiner & Associates is developing the following centers: Bayshore, a center located in Milwaukee, WI. The development will take an existing center from 500,000 sq.ft. to 1.2 million sq.ft. with the addition of a new town center opening next year; The Greene, an 800,000 sq.ft. center located in Dayton, OH. Opening is slated for August 2006. The center is currently 50% preleased. When complete, the project will also feature 150 luxury loft-style apartments, 100,000 sq.ft. of high-tech office suites and a full-service hotel; and The Lofts at Zona Rosa, a site located above retail, including Gap, GapKids, babyGap, Sharper Image and Build-A-Bear Workshop. For more information, contact Steiner & Associates, 4016 Townsfair Way, Suite 201, Columbus, OH 43219; 614-414-7300.
Lawrence Holzman, Inc. is developing a 20,000 sq.ft. site located at the intersection of 163rd Street and 21st Avenue in North Miami, FL. Opening is slated for March 2006. The site has an average daily traffic count of 50,000 vehicles. For more information, contact Larry Holzman, Lawrence Holzman, Inc., 1276 Lexington Avenue, Suite 3N, New York, NY 10028-2069; 212-860-3267, Fax 212-876-5229; Email: stores4lease@aol.com.
Retail Leasing Advisors is preleasing an 18,000 sq.ft. center located at the intersection of Fort Dale Road and Interstate 65 in Greenville, AL. Opening is slated for next year. The center is situated in front of Wal*Mart Supercenter. For more information, contact Shannon Shuman Martin, Retail Leasing Advisors, 1360 Thistle Gate Path, Lawrenceville, GA 30045; 404-312-4305, Fax 404-506-9111; Email: shannon@retailleasingadvisors.net.
The Leslie Group is preleasing Wyandot Pointe, a 150,000 sq.ft. center located at the intersection of U.S. 23 and U.S. 30 in Upper Sandusky, OH. The center is situated on a land area of 43 acres. The site has an average daily traffic count of 20,000 vehicles. Asking rents range from $14 psf to $20 psf. Area demographics include a population of 17,291 within 10 miles earning $46,479 as the average household income. The company also is preleasing North Bechtle Square, a 375,000 sq.ft. center located at the intersection of North Bechtle Drive and U.S. 68 in Springfield, OH. The center is situated on a land area of 60 acres. Opening is slated for March 2006. Area demographics include a population of 216,252 within 15 miles earning $46,184 as the average household income. Area retail includes Lowe’s Home Improvement and Sam’s Club. The company also is preleasing Hazelton Towne Center, a 40,000 sq.ft. center located at the intersection of Hazelton-Etna Road in Pataskala, OH. Asking rents range from $18 psf to $22 psf. For more information, contact Glenn Garland or Brett Leslie, The Leslie Group, 5060 Parkcenter Avenue, Suite B, Dublin, OH 43017; 614-760-0701, Fax 614-760-0705; Emails: ggarland@lesliegp.com and bleslie@lesliegp.com.
Lafayette Capital Group is preleasing County Line Center, an 18,000 sq.ft. center located at the intersection of Danbury Road and Aldrich Road in New Milford, CT with an average daily traffic count of 28,000 vehicles. Opening is slated for the spring. The center is situated on a land area of 15 acres. Area retail includes Home Depot, Staples, Wal*Mart, T.J. Maxx and Costco. Market rent is $14 psf. Area demographics include a population of 89,634 within seven miles earning $106,841 as the average household income. For more information, contact Lafayette Capital Group, PO Box 1077, New Milford, CT 06776; 917-656-9166, Fax 203-740-7476; Email: lafayette@rcn.com.
EIR Development Co., LLC is developing Carolina Park, a 950,000 sq.ft. center located at the intersection of U.S. Route 17 and Airport Road in Mt. Pleasant, SC. Opening is slated for fall 2006. The site has an average daily traffic count of 40,500 vehicles. Area demographics include a population of 67,334 within 10 miles earning $82,068 as the average household income. For more information, contact Tom Parker, EIR Development Co., LLC, 12165 Darnestown Road, North Potomac, MD 20878-2205; 301-987-7115, Fax 240-683-4762; Email: tparker@eirdevco.com; Web site: www.carolinapark.com.
Madison Retail Group is preleasing Brambleton Town Center, a 114,620 sq.ft. center located at the intersection of Belmont Ridge Road and Ryan Road in Brambleton, VA. The center will be anchored by Harris Teeter. Demographics include a trade-area population of 141,470 earning $118,950 as the average household income. The company also is preleasing University Town Center, a center located at the intersection of East West Highway and Adelphi Road in Hyattsville, MD. The 56-acre project will include 242,000 sq.ft. of retail space, over 900 residential units and 1.5 million sq.ft. of office space. The site is located near the University of Maryland College Park campus and Prince Georges Plaza, which is anchored by Hecht’s and Target. Area demographics include a population of 500,723 within five miles earning $56,441 as the average household income. The company also is preleasing Quincy Plaza, a 528,000 sq.ft. multi-use project consisting of 499 luxury high-rise apartment along with 9,850 sq.ft. of street-level retail. The project is located two blocks from both the Virginia Square and Ballston Metrorail stations. Area retail includes Ballston Commons Mall and the 12-screen Regal Cinemas. For more information, contact Madison Retail Group, 8000 Towers Crescent Drive, Suite 1070, Vienna, VA 22182; 703-852-3155.
PlazaCorp. Realty Advisors, Inc. is preleasing Buick City Center, a 105,000 sq.ft. center located at the intersection of Miller Road and Lennon Road in Flint, MI. The site has an average daily traffic count of 40,072 vehicles. The center is situated on a land area of 17 acres and has spaces available from 20,000 sq.ft. to 85,000 sq.ft. The center is anchored by Best Buy and is cotenanted by OfficeMax, Guitar Center and Sommerset Day Spa & Salon. Demographics include a trade-area population of 371,891 earning $39,917 as the average household income. The company also is preleasing a 29,000 sq.ft. Sam’s Club development located at the intersection of Westnedge Avenue and Romence Parkway in Portage, MI. Opening is slated for early next year. The building is situated on a land area of four acres. Demographics include a trade-area population of 109,587 within five miles earning $42,123 as the average household income. The site has an average daily traffic count of 65,000 vehicles. Area retail includes Best Buy and Walgreens. For more information, contact Ben Yore or Jon Jurhs, PlazaCorp. Realty Advisors, Inc., 211 East Water Street, Suite 201, Kalamazoo, MI 49007; 269-383-5775, Fax 269-383-5775; Emails: byore@plazacorp.net and jjurhs@plazacorp.net; Web site: www.plazacorp.net.
|