Development

Weymouth-Mass
DevelopmentMassachusettsMixed-useNews

Brookfield, New England Development Acquire Former Naval Station Near Boston, Plan Major Mixed-Use Project

by Abby Cox

Weymouth, Mass. — A joint venture between New York City-based Brookfield Properties and Boston-based New England Development has purchased the site of the former South Weymouth Naval Air Station in metro Boston. The co-developers acquired the 1,400-acre site from Washington Capital Management for $65 million. Brookfield and New England Development are planning a mixed-use redevelopment that would include 6,500 housing units, along with about 2 million square feet of commercial and retail space. The project will span more than 1,400 acres across three municipalities — Weymouth, Rockland and Abington, Massachusetts. …

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ColoradoDevelopmentMixed-useNews

New 128,000-Square-Foot Target Store to Open at Firestone City Centre in Colorado

by Abby Cox

Firestone, Colo. — The Staenberg Group (TSG) has announced that Target will open a new 128,000-square-foot store that will anchor Firestone City Centre, a 140-acre mixed-use development located in Firestone, roughly 30 miles north of Denver. The new store is scheduled to debut this month. Firestone City Centre features more than 600,000 square feet of retail and restaurant space that is home to a mix of national retailers and restaurants including The Home Depot, American Furniture Warehouse, Anytime Fitness, Chick-fil-A, Panda Express, Firestone Auto and Chuck & Don’s, among others. …

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Destination-at-Gateway
ArizonaDevelopmentNewsPower centers

Diversified Partners Advances 163-Acre Power Center Development in Mesa, Arizona

by Abby Cox

Mesa, Ariz. — Diversified Partners is advancing the development of Destination at Gateway, a 163-acre power center located at Signal Butte Road in Mesa. The project will include two components: 24 Auto Row, an 80-acre, purpose-built auto mall, and an adjacent power center. Off-site improvements on the east side of Signal Butte Road have been completed, while site work on the west side is underway and is scheduled to be completed by the third quarter of 2026. Current and planned tenants for the project’s power center include Walmart, 7 Brew, Take …

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Lowes_Cadia-Village-Mooresville
DevelopmentGrocery-anchoredNewsNorth Carolina

Lowes Foods to Anchor Mixed-Use Project Near Charlotte, North Carolina

by Abby Cox

Mooresville, N.C. — Lowes Foods plans to anchor Cadia Village Mooresville, a mixed-use development underway in suburban Charlotte. The Winston-Salem-based grocer will open a 52,000-square-foot store that features various departments, including a craft brewery (The Beer Den), coffee shop (Boxcar Coffee) and bakery (The Cakery). The developer, Pappas Properties, plans to break ground on the new Lowes Foods store in the third quarter, aiming for delivery in 2027. Situated near Lake Norman, Cadia Village Mooresville will feature a retail center, offices, a community village green space, for-sale homes, active adult apartments …

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DevelopmentFinanceMichiganNews

Michigan Strategic Fund Approves $270.7 Million Plan for Redevelopment of Former Lakeside Mall

by Abby Cox

Sterling Heights, Mich. — Gov. Gretchen Whitmer and the Michigan Strategic Fund Board have approved a $270.7 million Transformational Brownfield Plan (TBP) to support the redevelopment of the former Lakeside Mall site in Sterling Heights. The proposed plan includes roughly 1,545 residential units across nine multifamily buildings ranging in size from four to five stories, including a building targeted at residents over 55 years of age. Additionally, the project will add 154,007 square feet of new retail space, a central community park and green space, as well as a mix …

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Neyland-Entertainment-District_Knoxville
DevelopmentEntertainmentMixed-useNewsTennessee

Partnership to Launch $280 Million Mixed-Use Entertainment District Surrounding Neyland Stadium in Knoxville

by Abby Cox

Knoxville, Tenn. — A public-private partnership between the University of Tennessee and a newly formed development platform comprising Arctos, RVX Ventures and Magellan Development Group will soon begin the development of Neyland Entertainment District, a $280 million mixed-use village surrounding Neyland Stadium, the home football arena of the University of Tennessee. The waterfront development in Knoxville will feature approximately 100,000 square feet of entertainment space alongside a 24-story hotel and residences with rooftop space and a private members club. Arctos is the majority equity investor in the project and is …

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CaliforniaDevelopmentNewsRetailers

Club Pilates Signs 70-Unit Development Deal Across Three States

by Abby Cox

Irvine, Calif. — Club Pilates has signed a franchise agreement with entrepreneur Saber Ammori to develop 70 new units across three states including Michigan, Maryland and New York. Ammori already owns and operates 14 Club Pilates studios in the New York City area. As part of the deal, Ammori and Boston-based private equity firm Cohere Capital have formed Renew Fitness to operate and develop the existing and future Club Pilates locations. The franchisee group’s total number of potential studios will increase to 84, making Renew Fitness one of Club Pilates’ …

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Erewhon-Glendale
CaliforniaDevelopmentNews

RDC Redevelops Former Hardware Store Building, Opens 14,900-Square-Foot Erewhon Grocery Store in Glendale, California

by Abby Cox

Glendale, Calif. — RDC, in collaboration with high-end grocery chain Erewhon, has redeveloped a former Virgil’s Hardware building in Glendale. Situated at 520 North Glendale Ave., the historic 24,900-square-foot building was originally developed in the 1970s and has been vacant for more than five years. The redevelopment has transformed the hardware store into a 14,900-square-foot Erewhon grocery store that comprises 5,000 square feet of mezzanine space, along with 4,000 square feet of additional ground-floor tenant space. Erewhon acquired the property in 2024.

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DevelopmentNewsRetailersTennessee

Co-Branded Bed Bath & Beyond Stores to Open in 22 Cities

by Abby Cox

Nashville, Tenn. — Bed Bath & Beyond has announced its first phase of its nationwide rollout of the new Bed Bath & Beyond + The Container Store retail format. The first 22 locations will begin welcoming customers to the new format immediately, with additional stores scheduled to convert over the next several weeks. The rollout follows the launch of the company’s first co-branded store in Texas. The new stores combine Bed Bath & Beyond’s assortment of bedding, bath, kitchen, entertainment and home essentials with The Container Store’s expertise in organization, custom …

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Zaxbys_Modern-Farmhouse-Exterior-Image-
DevelopmentIllinoisNewsRestaurants

Zaxby’s Signs Seven-Unit Development Agreement in Chicago

by Abby Cox

Chicago — Zaxby’s has signed a franchise agreement with a local entrepreneur to open seven new restaurants in Chicago. The development plans follow a separate multi-unit agreement signed in Chicagoland in 2025, along with the first restaurant in Plainfield, Illinois, earlier this year. Zaxby’s currently has more than 1,000 locations in 22 states and is headquartered in Atlanta.

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