Los Angeles — Michigan-based Taubman Centers Inc. (NYSE: TCO) has completed its $500 million redevelopment of Beverly Center, an 883,000-square-foot shopping mall in Los Angeles.
Scottsdale, Ariz. — Nationwide Realty Investors has unveiled plans for Cavasson, a 1.8 million-square-foot mixed-use development in Scottsdale, just east of Phoenix.
San Diego — Manchester Financial Group has launched Manchester Pacific Gateway, a $1.5 billion redevelopment of the Navy Broadway Complex in downtown San Diego.
Atlanta — State Farm Arena, located at 1 State Farm Drive in downtown Atlanta, has opened its doors following a $192 million renovation program, the second largest renovation in NBA history.
North Port, Fla. — A joint venture between West Villages and The Sembler Co. has broken ground on West Villages Marketplace, a neighborhood shopping center located at the corner of West Villages Parkway and US-41/South Tamiami Trail in North Port.
Deerfield Township, Ohio— Silverman & Co. Inc. has broken ground on Phase I of The District at Deerfield, a $120 million mixed-use project in Deerfield Township near Cincinnati.
Plano, Texas — The District, a chef-driven dining area, has opened at The Shops at Willow Bend in Plano.
Raleigh, N.C.— Chevy Chase, Maryland-based Willard Retail has signed an agreement with the Research Triangle Foundation to acquire a 12-acre parcel located in Research Triangle Park.
Charlotte, N.C.— The Spectrum Cos., in partnership with Invesco Real Estate, is developing a mixed-use project located on a five-acre tract linking Charlotte’s South End with its Uptown business district.
Atlanta— Simon Property Group (NYSE: SPG), the owner and developer best known for Class A malls, has broken ground on the $300 redevelopment of Phipps Plaza, an upscale shopping mall located in Atlanta’s Buckhead district.