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New Construction
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New Construction Lauth Property Group is developing:
Catawba Springs Promenade, a 250,000 sq.ft. center in Denver, NC.
The center has junior anchor, retail spaces and outlots available and is
anchored by Lowe’s Home Improvement. Opening is slated for this
summer; The Shoppes at Rivercrest, a 272,000 sq.ft. center in
Granite Falls, NC with junior anchor, retail spaces and outlots
available. Wal*Mart anchors the center. Opening is slated for
this summer; Brownsburg Station, a 440,000 sq.ft. center situated
on a 55-acre site in Brownsburg, For more information, contact Lauth Property Group, 401 Pennsylvania Parkway, Indianapolis, IN 46280; 317-848-6500, Fax 317-848-6511; Web site: www.lauth.net.
Casandra Properties, Inc. is developing Waterfront Commons, a 380,000 sq.ft. bi-level waterfront outlet center located in Staten Island, NY. Area retailers include Bed Bath & Beyond, Home Depot and Target. Area demographics include a population of 1.181 million within 10 miles earning $72,911 as the average household income. For more information, contact Casandra Properties, Inc., 2071 Clove Road, Suite 205, Staten Island, NY 10304; 718-816-7799, Fax 718-727-0137.
CBL & Associates Properties, Inc. is redeveloping Brookfield Square Mall in Milwaukee, WI. A 1,900 sq.ft. Johnny Rockets is to be built along with an 800 sq.ft. retail shop. Also coming to the mall are Claim Jumper, Mitchell’s Fish Market, Fleming’s Prime Steakhouse and Wine Bar, Abuelo’s Mexican Food Embassy and Fresh Market. For more information, contact CBL & Associates Properties, Inc., 2030 Hamilton Place Boulevard, Chattanooga, TN 37421-6000; 423-855-0001. Pasco Partners, LLC is developing River
Drive, a multi-phased mixed-use development located at the intersection of
River Drive and Flagler Street in Miami, FL. The project will be completed in
four phases with construction set for spring. River Drive Shoppes will
consist of two phases with phase one consisting of a seven-story, 58,115 sq.ft.
retail/restaurant complex. Phase two is expected to consist of 60,000 sq.ft. of
retail/restaurant space with both openings slated for winter 2008. River
Drive Marina & Yacht Club is slated to open during winter 2008.
River Drive Boat House, which will house boats up to 50 feet in length, is
slated to open during spring 2009. River Drive Towers For more information, contact Pasco Partners, LLC, 200 Southwest North River Drive, Miami, FL 33130; 305-373-3300.
The Goldstein Group is developing Essex Square, a 16,000 sq.ft. retail center located at the intersection of Route 17 and Essex Street in Lodi, NJ. The average daily traffic count is 70,000 vehicles. Area tenants include Bank of New York, Boston Market, Duane Reade, Dunkin’ Donuts, Home Depot, Hudson City Savings Bank, Longhorn Steakhouse, National Wholesale Liquidators, Pathmark and Stop & Shop. For more information, contact Chuck Lanyard, The Goldstein Group, Glen Rock Plaza, Suite 105, 266 Harristown Road, Glen Rock, NJ 07452; 201-703-9700; Web site: www.thegoldsteingroup.com. Stanbery Development, LLC is preleasing The Shoppes at North Brunswick in New Brunswick, NJ. The site will have 131,032 sq.ft. of retail and 18,461 sq.ft. of office space. Tenants will include Starbucks, Chico’s, Coldwater Creek, Talbots, Banana Republic, Ann Taylor Loft and New York & Co. The company is also preleasing The Shoppes at Gainesville, a 170,798 sq.ft. lifestyle center in Gainesville, VA. The company is also preleasing The Shoppes at Hamilton, a 150,108 sq.ft. lifestyle center in Hamilton, NJ. The project will be anchored by Chico’s, Coldwater Creek, Jos. A. Bank, Banana Republic and Ann Taylor Loft. For more information, contact Ray Brunt, Kathy Sawin or
Charles Cristella, Stanbery Development, LLC, 250 East Broad Street, Suite 200,
Columbus, OH 43215; Everitt Commerical Partners, LLC and Water Valley Land Co. are preleasing Eagle Crossing at Crossroads Boulevard, located at the intersection of Interstate 25 and Crossroads Boulevard in Loveland, CO. The average daily traffic count is 96,000 vehicles. Retail space of 11,800 sq.ft. will be available during spring 2008 and asking rent is $22 psf to $25 psf NNN. Area demographics include a population of 635,922 within 30 miles earning $76,641 as the average household income. For more information regarding Eagle Crossing at
Crossroads Boulevard,
Benderson Development is developing University
Town Center, located at the intersection of Interstate 75 and University
Parkway in Sarasota County, FL. The 1.7 million sq.ft. center will feature
retail shops, an office building, three hotels, a movie For more information, contact Benderson Development, 8441 Cooper Creek Boulevard, University Park, FL 34201; 941-359-8303.
Correction: In the Feb. 9 issue of The Dealmakers, an item in New Construction regarding Meer Development properties was incorrect. Please see below for the correct information: Meer Development is preleasing a center located at
the intersection of Route 52 and River Road in Shorewood, IL. Tenants include
CVS and a proposed Hair Cuttery. Spaces available range from 1,164
sq.ft. to 3,564 sq.ft. Opening is slated for the first quarter. The company is
also preleasing outlots of Wal*Mart Supercenters throughout IL, including
1.2 acres in Dixon, 2.2 acres For more information, contact |