Development

Capital One to Open First Café Location in Arizona at Scottsdale Fashion Square

by Alex Tostado May 15, 2019

Scottsdale, Ariz. — Capital One is scheduled to open its first Capital One Café location in Arizona at Macerich’s Scottsdale Fashion Square in early 2020. As the first of its kind in Arizona, Capital One Café integrates digital tools and in-person interactions focused on customer needs. Open to both Capital One account holders and non-account holders, the café will offer customers a place to get help with their accounts, learn about new digital and financial tools, free Wi-Fi, and coffee and pastries made by a local baker. The 5,792-square-foot Capital …

May 15, 2019

Development Maryland Mixed-use News

Weller Development, Local Leaders Break Ground on $600 Million Phase of Port Covington Project in Baltimore

by Katie Sloan May 14, 2019

Baltimore — The first phase of Weller Development’s Port Covington, a 235-acre mixed-use redevelopment project in south Baltimore, kicked off with a ceremonial groundbreaking Monday, May 13. The Baltimore Business Journal reports that this phase of construction, dubbed Chapter 1, will cost $600 million to complete and span five buildings. Weller Development, a privately held developer based in Baltimore, is the project’s lead developer and will build Chapter 1 over several years, with the first new buildings set to be delivered in fall 2021. Known as Rye Street Market, this portion …

May 14, 2019

Development Leasing Mixed-use News Ohio

Bonobos to Open at Mixed-Use Development in Columbus, Ohio

by Katie Sloan May 14, 2019

Columbus, Ohio — Bonobos has signed a new lease to occupy 1,500 square feet at a mixed-use development in Columbus. The Pizzuti Cos. is the developer for the property, which is located in the Short North Arts District. Founded in 2007 as an online-only retailer for men’s clothing, Bonobos began opening brick-and-mortar locations in 2012. This is the company’s first location in Columbus and third in Ohio. Bonobos will join office tenant Industrious at the four-story building. Industrious, a coworking space provider, will occupy 30,000 square feet on the third …

May 14, 2019

Development Leasing Mixed-use News Texas

Poké Concept to Open at 35,000-Square-Foot Food Hall Within Downtown Houston’s Capitol Tower

by Katie Sloan May 14, 2019

Houston — SeaSide Poké has become the latest addition to the tenant roster at Understory, a 35,000-square-foot food hall and communal gathering spot within developer Skanska’s Capitol Tower office building in downtown Houston. SeaSide Poké, which will occupy approximately 500 square feet within the 9,000-square-foot culinary market, joins East Hampton Sandwich Co., Boomtown Coffee, Mama Ninfa’s Tacos y Tortas, MONA Fresh Italian Food and Flip ‘n Patties as the first six tenants at Understory. Nick Hernandez, Crystal Allen and Lacee Wilke of Transwestern represented Skanska and SeaSide Poké in the …

May 14, 2019

Development Mixed-use News North Carolina

Joint Venture to Break Ground on 2.5 Million-Square-Foot Mixed-Use Project in Raleigh-Durham, Announces First Wave of Retailers

by Alex Tostado May 10, 2019

Cary, N.C. — A joint venture between Hines, Columbia Development Group LLC and USAA Real Estate will break ground on Phase I of Fenton, a 69-acre, 2.5 million-square-foot mixed-use development in Cary, North Carolina, this summer. The first phase will include a 99,000-square-foot Wegmans grocery store; 263,000 square feet of specialty retail, including a movie theater and food hall; a 146,000-square-foot office loft; 350 apartment units; and a 175-room hotel. Additionally, the first retail tenants have been announced. These include Crawford Brothers Steakhouse, a new concept from five-time James Beard …

May 10, 2019

Development Features

Development Kicks Off At Cavasson

by Katie Sloan May 8, 2019

In Scottsdale, Arizona, an inspired mixed-use development is set to break ground. The 134-acre project is Cavasson, a development that is set to include approximately 1.8 million square feet of high-end commercial office space, along with 1,600 residences, hotels, and a diverse mix of retail, restaurants, and amenities. Located at the northwest corner of Loop 101 and Hayden Road in Scottsdale, Cavasson is owned and developed by Nationwide Realty Investors, in partnership with Grayhawk Development. The initial phase of the project, which will break ground later this year, includes several …

May 8, 2019

Development Finance Mixed-use News Washington DC

MRP Realty Receives $191.8 Million in Development Financing for Mixed-Use Project in Washington, D.C.

by Alex Tostado May 8, 2019

Washington, D.C. — MRP Realty has received $191.8 million in development financing for Phase I of Bryant Street, a mixed-use project in northeast Washington, D.C. Phase I includes three mid-rise buildings comprising 487 multifamily units, a nine-screen Alamo Drafthouse Cinema and an additional 38,482 square feet of ground-floor retail space. At full buildout, the 13-acre project will feature 1,500 residential units, 250,000 square feet of retail space, 1.5 acres of green space and up to 2,000 parking spaces. The transit-oriented development will be located in the Edgewood neighborhood, near the …

May 8, 2019

Development News Retailers Texas

Seritage Breaks Ground on Redevelopment of Former Mall in North Dallas

by Alex Tostado May 7, 2019

Dallas — Seritage Growth Properties has broken ground on Park Heritage, a mixed-use project located at the intersection of the LBJ Freeway and Preston Road in north Dallas that could ultimately span as much as 2 million square feet. Seritage is the master developer, and KDC currently plans to develop about 1.1 million square feet of Class A office space. Toll Brothers Apartment Living will construct the first phase of the project’s multifamily component, which calls for roughly 300 units. At full build-out, Park Heritage could span as much as …

May 7, 2019

Development News Texas

Essentials PetCare to Include Clinics at Nine Walmart Stores in Dallas Area

by Alex Tostado May 7, 2019

Dallas — Essentials PetCare will open nine walk-in clinics in Dallas-Fort Worth area Walmart stores in the coming weeks. Essentials PetCare opened its first Walmart location in 2016 in Port Richey, Florida. In Texas, the clinics will be located in Anna, Cross Roads, Fort Worth, Frisco, Gainesville, Kaufman, Prosper, Royse City and Weatherford. The clinic in Kaufman will open May 22 with the other clinics following in June. The company’s clinics provide routine vaccinations and treatment for a variety of minor illnesses such as ear infections, common skin conditions and urinary issues. More …

May 7, 2019

Architecture and Design Development Illinois News

Centennial Unveils Green Space Vision for Two Malls in Illinois

by Katie Sloan May 3, 2019

Vernon Hills and Aurora, Ill. —Centennial has unveiled its new placemaking concepts at two malls in Illinois — Hawthorn Mall in Vernon Hills and Fox Valley Mall in Aurora. Centennial will transform the malls’ center courts into a multi-use environment that will enhance consumer experience. Centennial will invest $12 million into the courtyards, which total 31,115 square feet. The new courtyards will be surrounded by dining and entertainment options. The design team includes architect Stantec and general contractor Graycor Construction Co. A timeline for construction was not released.

May 3, 2019

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