Development

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MLB Capital Partners Breaks Ground on Houston Farmers Market Redevelopment Project

by Alex Tostado

Houston — MLB Capital Partners has broken ground on its Houston Farmers Market redevelopment project. MLB Capital will upgrade the 77-year-old market to include modern infrastructure, climate-controlled spaces, shaded areas, restrooms, common seating areas, organized parking and traffic circulation, defined sidewalks, site landscaping and dedicated green spaces. James Beard Award-winning chef and project consultant Chris Shepherd plans to develop a concept unique to the Houston Farmers Market. The market will maintain business operation throughout the redevelopment process. Clark Condon Associates, Studio RED Architects, Gunda Corporation and Arch-Con Construction have been …

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DevelopmentFloridaNewsRetailers

Blackwater, Hutton Complete 161,000-Square-Foot Shopping Center Near Tampa

by Alex Tostado

Trinity, Fla. — A partnership between two developers, Alabama-based Blackwater Real Estate and Tennessee-based Hutton, has completed The Village at Mitchell Ranch, a 161,000-square-foot shopping center near Tampa. A 30,0000-square-foot Sprouts Farmers Market anchors the property, which is located at the intersection of State Route 54 and Little Road in Trinity. Other anchors include HomeGoods, Michaels, Five Below, Skechers and Ulta Beauty. Restaurant users include Burger King, Chipotle Mexican Grill and Panda Express, with more to be announced in the coming months.

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DevelopmentEntertainmentFloridaLeasingNews

Three Fitness Studios to Open in Lake Nona Town Center

by Alex Tostado

Orlando, Fla. — Tavistock Development Co. has signed three leases with fitness studios to occupy space within Pixon, a 200-unit apartment complex with 32,500 square feet of retail space in Lake Nona Town Center. Neighborhood barre, Club Pilates and Rukus Cycling Studios are expected to open by the end of this year. Neighborhood barre will span 1,300 square feet. It will be the first location in Florida and fifth in the nation. Rukus Cycling Studio will occupy 2,600 square feet and include 44 stationary bikes. Club Pilates will be in …

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CaliforniaDevelopmentMixed-useNewsRetailers

San Francisco Planning Commission Approves 2.3 Million-Square-Foot Flower Mart Redevelopment Project

by Alex Tostado

San Francisco — The San Francisco Planning Commission has unanimously approved plans to redevelop the historic Flower Mart in the city’s South of Market (SoMa) district as a 2.3 million-square-foot mixed-use property. Kilroy Realty Corp. is leading the development, which will preserve and update the 115,000-square-foot Flower Mart, while also adding 2.1 million square feet of creative office space, a 100,000-square-foot retail market hall and one acre of public open space. The project still requires approval from the San Francisco Board of Supervisors and the city’s mayor, which Kilroy hopes …

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DevelopmentLeasingNewsTexas

First Anchor Tenants Open Stores at 275,000-Square-Foot Retail Center in Terrell, Texas

by Alex Tostado

Terrell, Texas — A group of anchor tenants that includes Ross Dress for Less, Hobby Lobby and Five Below have opened their stores at Crossroads at Terrell, a 275,000-square-foot shopping center located 35 miles east of Dallas. Marshalls, Rack Room Shoes, Ulta Beauty, Petco, and Academy Sports + Outdoors are scheduled to open later this year. Film Alley, an entertainment concept with movies, bowling and arcades, opened at Crossroads at Terrell earlier this year. Future restaurant users at the property will include Olive Garden, Raising Cane’s and Chili’s, which will …

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DevelopmentEntertainmentMixed-useNewsRetailersTexas

NewQuest Properties Breaks Ground on 143-Acre Entertainment Retail Project in Waco

by Alex Tostado

Waco, Texas — Houston-based NewQuest Properties has broken ground on Cottonwood Creek Market, a 143-acre entertainment retail project in Waco. Located at the intersection of Interstate 35 and Loop 340, the development will span 285,000 square feet. A 14-screen Cinemark theater will anchor the project, and NewQuest is in talks to add a bowling and family dining concept, as well as a national retailer in golf entertainment. The opening is scheduled for spring 2020.

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DevelopmentMallsNew YorkNewsRetailers

Century 21 to Open Store at Roosevelt Field on Long Island

by Alex Tostado

Garden City, N.Y. — Century 21 Stores will open a new department store at Roosevelt Field in Garden City. The 68,000-square-foot store is expected to open in spring 2021. Century 21 will be housed in the space currently occupied by Bloomingdale’s Furniture, which will be consolidating into the newly renovated Bloomingdale’s store. Century 21 will offer men’s, women’s and children’s apparel, footwear, outerwear, lingerie and accessories, beauty and home goods. Roosevelt Field is owned and operated by Indianapolis-based Simon. The mall has more than 250 retailers including anchors Neiman Marcus, …

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DevelopmentGrocery-anchoredIllinoisNewsRetailers

Hanley Arranges $1.7 Million Sale of New Aldi-Occupied Building in Litchfield, Illinois

by Alex Tostado

Litchfield, Ill. — Hanley Investment Group has arranged the $1.7 million sale of a new Aldi-occupied building in Litchfield Plaza in Litchfield. The 22,245-square-foot building opened July 18. Other tenants at the center include Dollar General, Glik’s, Hibbett Sports, Maurices, National Rent-to-Own, Pizza Hut, Salvation Army, Shoe Sensation, Taco Bell and Wendy’s. Aldi has a 15-year, absolute triple-net ground lease in place that has rental increases every five years and renewal options. Jeff Lefko and Bill Asher of Hanley, along with Alex Apter of LOCATION Commercial Real Estate, represented the …

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DevelopmentEntertainmentNewsTexas

Dallas Cowboys to Open 20,000-Square-Foot Gym in AT&T Discovery District

by Alex Tostado

Dallas — The Dallas Cowboys, in partnership with global fitness center developer Mark Mastrov, will open a 20,000-square-foot Cowboys Fit gymnasium at the AT&T Discovery District in downtown Dallas. Club members can enjoy a range of boutique fitness classes, including yoga and barre, as well as access to customized fitness plans and Cowboys merchandise. The opening is slated for this winter.

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DevelopmentEntertainmentNewsPennsylvaniaRestaurants

City Center Investment Corp. to Open 12,000-Square-Foot Food Hall in Allentown This Fall

by Alex Tostado

Allentown, Pa. — City Center Investment Corp. plans to open Downtown Allentown Market, a $4 million project in Allentown. The 12,000-square-foot retail space will be located within the City Center Allentown mixed-use development. The market will feature nine food and drink merchants, indoor and outdoor seating and flexible space for programming and pop-up shops. Brick-and-mortar tenants include sushi/poke concept Shinsen; Mediterranean restaurant Zahra; ice creamery Batch Microcreamery; Little Miss Korea; Doughnut Love, Licensed to Grill @ The Market; and Tavola pizzeria. The food hall will also house a distillery. City …

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