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New Construction
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New Construction NewQuest Properties is preleasing Brazos Town Center, a 416-acre mixed-use development located at the intersection of U.S. 59 and FM 762 in Rosenberg, TX. The center is currently anchored by The Home Depot, Chili’s and Cinemark. Area demographics include a population of 82,340 within five miles earning $59,520 as the median household income. For more information, contact David K. Meyers or Eric Walker, NewQuest Properties, 8807 West Sam Houston Parkway North, Suite 200, Houston, TX 77040; 281-477-4300, Fax 281-477-4321; Emails: dmeyers@newquest.com and ewalker@newquest.com.
RMJ Development Group, LLC is developing The Marketplace at Madison Crescent, a 125,000 sq.ft. center located at the intersection of Routes 15 and 29 in Prince William County, VA. The center is situated on a land area 43 acres and will be anchored by Harris Teeter. Opening is slated for late 2006. Along with the 52,000 sq.ft. supermarket, the marketplace will include an additional 37,000 sq.ft. of traditional neighborhood retail space and a 36,000 sq.ft., three-story professional office building with ground-level retail space. For more information, contact RMJ Development Group, LLC, 1650 Tysons Boulevard, McLean, VA. Or contact, Madison Retail Group at 703-852-3163.
General Growth Properties is developing The Bridge at Mint Hill, a 1.3 million sq.ft. center located at the intersection of Interstate 485 and Lawyers Road in Mint Hill, NC. The open-air streetscape will be anchored by three freestanding department stores, a bookstore, a 14-screen theater, restaurants and a collection of upscale specialty stores. Area demographics include a population of 351,700 within 10 miles earning $75,000 as the average household income. The company also is developing Lincolnshire Commons, a 160,000 sq.ft. center located at the intersection of Milwaukee Avenue and Aptakisic Road in Lincolnshire, IL. The center will include high-end retail, including apparel, furniture and sporting goods stores. Existing retailers include The Cheesecake Factory. Area demographics include a population of 181,400 within five miles earning $117,800 as the average household income. The company also is developing West Windsor Town Center, an 800,000 sq.ft. center located near U.S. 1 in West Windsor, NJ. The 650-acre site will be anchored by at least two department stores and will include specialty shops and entertainment options with a multi-screen cineplex and a number of destination restaurants. Area demographics include a population of 99,000 within five miles earning $106,500 as the average household income. The company also is developing Elk Grove Promenade, a center located at the intersection of State Highway 99 and Grant Line Road in Elk Grove, CA. The promenade will include three anchors, a collection of fine retailers, a state-of-the-art theater complex, a bookstores and several restaurants with lakeside seating. A pedestrian-friendly village, the center will consist of specialty shops, a day spa and a gourmet supermarket. Demographics include a trade-area population earning $62,900 as the average household income. The company also is developing The Shoppes at The Palazzo, a 300,000 sq.ft. center that will be part of Phase II of The Venetian Casino Resort located on the Las Vegas Strip in Las Vegas, NV. Phase II will also include more than 3,000 hotel rooms and one million sq.ft. of convention space, as well as 15 new restaurants and approximately 80 high-end and mid-level stores. For more information, contact General Growth Properties, 110 North Wacker Drive, Chicago, IL 60606; 312-960-5000.
JPA Real Estate is preleasing Bartlett Town Center, a 41,494 sq.ft. center located at the intersection of Main Street and Railroad Avenue in Bartlett, IL. The site has an average daily traffic count of 19,250 vehicles. The center has spaces available of 1,200 sq.ft. to 17,000 sq.ft. Opening is slated for October. The mixed-use development will consist of upscale retail space located directly adjacent to a Metro Station. For more information, contact Terry Semmens, JPA Real Estate, 1200 Harger Road, Suite 602, Oak Brook, IL 60523; 630-990-8200 Ext. 32, Fax 630-990-8222.
Royal Properties, Inc. is preleasing Main Street Lofts, a 180-unit residential development situated over 25,000 sq.ft. of retail space on Main Street in Yonkers, NY. Area demographics include a population of 3,045,873 within 10 miles earning $61,308 as the average household income. The development is located near the Yonkers Train Station and is in the waterfront district. For more information, contact David Landes, Royal Properties, Inc., 850 Bronx River Road, Bronxville, NY 10708; 914-237-3403, Fax 914-237-0196; Email: info@royalpropertiesinc.com.
Finard & Co., LLC is preleasing Ethan Allen Plaza, a 24,500 sq.ft. center located on Plaistow Road in Plaistow, NH. Opening is slated for the fall. Area retail includes Home Depot, Pizzeria Uno, Applebee’s and Longhorn Steakhouse. The company also is preleasing The Crossings At South Dennis, a center located on Route 134 in South Dennis, MA. Opening is slated for the summer. Area retail includes Stop & Shop, Dress Barn and Marshalls. For more information, contact Dan Connelly, Finard & Co., LLC, One Burlington Woods Drive, Burlington, MA 01803; 781-418-6217, Fax 781-229-2823; Email: dconnelly@finard.com; Web site: www.finard.com.
Kaplan Real Estate is developing Meridian Place, a 12,250 sq.ft. center located at the intersection of Illinois Route 157 and Meridian Avenue in Edwardsville, IL. Area demographics include a population of 46,420 within three miles earning $71,426 as the average household income. Opening is slated for the fall. The company also is developing a 50-acre, 400,000 sq.ft. retail site located at the intersection of Highway 95 and El Rodeo in Bullhead City, Fort Mohave, AZ. The site has anchor, junior anchor, inline spaces and outlots available. Area demographics include a population of 56,322 within 10 miles earning $47,147 as the average household income. Area retail includes Safeway, Smith’s Grocery and Wal*Mart Supercenter. For more information, contact Kaplan Real Estate, 1000 Macklind Avenue, St. Louis, MO 63110; 314-652-7000, Fax 314-652-2228; Web site: www.kaplanrealestate.com.
Landtrack, Inc. is preleasing Center of the Northshore, a mixed-use center located at the intersection of Dundee Road and Skokie Boulevard in Northbrook, IL. The center will feature a luxury hotel, full-service spa, 24-hour Xsport Fitness Health Club, upscale restaurants, a European nightclub, formal banquet facility and specialty retail shops. The site has an average daily traffic count of 149,000 vehicles. Area demographics include a population of 148,623 within five miles earning $186,000 as the average household income. The project also includes over 7.3 million square feet of office space and 408,000 sq.ft. of mixed-use property situated on a land area of 14.4 acres. For more information, contact Gary Litvin or Brett Zimmerman, Landtrack, Inc., 5750 Old Orchard Road, Suite 100, Skokie, IL 60077; 847-967-8777, Fax 847-967-8779; Email: glitvin@landtrackinc.com; Web site: www.landtrackinc.com.
The Retail Connection is preleasing a center located at the intersection of Dallas North Tollway and U.S. 380 in Frisco, TX. Area demographics include a population of 155,447 within 10 miles earning $101,229 as the average household income. The company also is preleasing a 900,000 sq.ft. center located at the intersection of Interstate 20 and Matlock in Arlington, TX with an average daily traffic count of 261,599 vehicles. Opening is slated for the second quarter of 2006. Area demographics include a population of 303,334 within five miles earning $108,220 as the average household income. The company also is preleasing Preston Creek Shopping Center, a center located at the intersection of McDermott Drive and Preston Road in Plano, TX. Opening is slated for the fourth quarter of 2005. The site has an average daily traffic count of 42,000 vehicles. Area demographics include a population of 229,677 within five miles earning $115,736 as the average household income. For more information, contact Terry Syler or David Sacher, The Retail Connection, 2525 McKinnon Street, Suite 700, Dallas, TX 75201; 214-572-0777, Fax 214-572-0009; Emails: tsyler@theretailconnection.net and dsacher@theretailconnection.net.
Simon Property Group is developing Cordova Mall, an 833,000 sq.ft. center located in Pensacola, FL. A new lifestyle component will add 15,000 sq.ft. and will be tenanted by Romano’s Macaroni Grill, Panera Bread, ColdStone Creamery and Moe’s Southwest Grill. Opening is slated for November. The company also is developing The Galleria, a 2.4 million sq.ft. center located in Houston, TX. The project will include the addition of 100,000 sq.ft. of fine dining, specialty retail and a bookstore, plus the extension of the mall’s common area. The company also is redeveloping the following centers: Haywood Mall, a 1.233 million sq.ft. center in Greenville, SC. The renovation will include a refurbished food court; Independence Center, a 1.021 million sq.ft. center located in Independence, MO. A new lifestyle component will add 11,500 sq.ft. with retailers such as Ann Taylor Loft, Coldwater Creek, Chico’s, Jos. A. Bank Clothiers and Kirkland’s. Opening is slated for next month; Lehigh Valley Mall, a 1.059 million sq.ft. mall located in Whitehall, PA. The project includes remodeling the existing mall and adding an open-air lifestyle component with approximately 113,000 sq.ft., including a Barnes & Noble and two restaurants; Lenox Square, a 1.485 million sq.ft. center located in Atlanta, GA. Neiman Marcus is expanding and the mall is adding 35,000 sq.ft. of GLA on the upper level. Opening is slated for Fall 2007; Northgate Mall, a 986,000 sq.ft. center located in Seattle, WA. The mall is adding 110,000 sq.ft. of lifestyle retail space, including Barnes & Noble and restaurants; Orange Park Mall, a 923,000 sq.ft. center located in Orange Park, FL. A new Dick’s Sporting Goods store is slated to open during March 2006. Major renovations to the mall interior will include new main entrances. For more information, contact Simon Property Group, Inc., 115 West Washington Street, Indianapolis, IN 46204; 317-636-1600.
Jonas Realty Real Estate Management is preleasing Station Plaza, a 30,000 sq.ft. center located in Dunellen, NJ. Demographics include a population of 111,417 within three miles earning $83,232 as the average household income. For more information, contact Jonathan Stirberg, Jonas Realty Real Estate Management, 1075 Easton Avenue, Tower 1, Suite 2, Somerset, NJ 08873; 732-249-5999, Fax 732-249-7552.
Katz & Associates is preleasing Phase II of The Shoppes at Castle Rock in Castle Rock, CO. The center is slated to open during Spring 2007 and is located near an existing Home Depot surrounding the Interstate 25 and Founder’s Way interchange. For more information, contact Keith Bierley, Katz & Associates, 99 Trophy Club Drive, Suite 331, Trophy Club, TX 76262; 817-430-5840, Fax 817-430-5887. Or contact, Dan Mitchell, Katz & Associates, 1100 Jorie Boulevard, Suite 251, Oak Brook, IL 60523; 630-571-5692, Fax 630-571-5694; Emails: keithbierley@dkatz.com and danmitchell@dkatz.com.
Madison Retail Group is preleasing 1800 Wilson Boulevard located in Arlington, VA. The residential condominium will include retail space located on the corner of Quinn Street and Wilson Boulevard and along Clarendon Boulevard. Area demographics include a population of 51,650 within 1.5 miles earning $95,302 as the average household income. The company also is preleasing Tavern Square, a site with 5,000 sq.ft. of retail space located at the intersection of Pitt Street and King Street in Alexandria, VA. Area demographics include a population of 385,582 within five miles earning $72,698 as the average household income. For more information, contact Jim Farrell or Anastasia Kharchenko, Madison Retail Group, 1850 M Street, NW, 12th Floor, Washington, DC 20036; 202-730-2008/2018.
New Markets, LLC is preleasing Poindexter Corridor, a 232,000 sq.ft. center located in Chesapeake, VA. Area demographics include a population of 91,139 within three miles earning $34,469 as the average household income. For more information, contact Frank White, New Markets, LLC, 16606 Harbour Town Drive, Silver Spring, MD 20905; 877-476-9801, Fax 301-476-9842; Email: frankwhite@newmarketsllc.com.
Louth Property Group is preleasing Lafayette Pavilions, a 238,000 sq.ft. center located at the intersection of State Route 26 and Creasy Lane in Lafayette, IN. Opening is slated for August 2006. Area demographics include a population of 147,202 within 10 miles earning $52,563 as the average household income. The company also is preleasing Sycamore Terrace, a 267,691 sq.ft. center located on State Route 46 in Terra Haute, IN. Opening is slated for August 2006. The center is anchored by Wal*Mart Supercenter. For more information, contact Jeff Wright, Louth Property Group, 401 Pennsylvania Parkway, Indianapolis, IN 46280; 317-575-3169, Fax 317-564-3169.
The Shopping Center Group is preleasing Little River Pavilion, a center located at the intersection of Highway 17 and Highway 179 in Little River, SC. The center is situated on a land area of 35 acres and is anchored by Lowes Foods. Opening is slated for the first quarter of 2006. Area demographics include a population of 20,898 within five miles earning $52,694 as the average household income. For more information, contact The Shopping Center Group, 3801 Barrett Drive, Suite 101, Raleigh, NC 27609; 919-380-8041, Fax 919-380-8942.
Barclay Group is preleasing McKay’s Mill Village Center located at the intersection of Liberty Pike and Oxford Glen Drive in Franklin, TN. The center includes 17,000 sq.ft. of retail space available, 10,800 sq.ft. of office, professional and medical space and a bank pad. Area demographics include a population of 24,000 within three miles earning $93,000 as the average household income. The company also is preleasing Publix at Harpeth Village, a center located at the intersection of Old Harding Pike Road and Temple Road in Bellevue, TN. Opening is slated for Fall 2006. Area demographics include a population of 26,340 within three miles earning $110,000 as the average household income. The site has restaurant and bank space available and is anchored by Publix. For more information, contact Matt Fuller, Barclay Group, 1123 Overcash Drive, Dunedin, FL 34698; 727-733-7585, Fax 727-733-9510; Emails: mfuller@barclaygroupeast.net and kcarpenter@barclaygroupeast.net; Web site: www.barclaygroup.net.
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