Downey, Calif. — A joint venture between Alberta Development Partners and Pacific Coast Capital Partners has completed Phase I and II of Promenade at Downey, a 656,000-square-foot shopping center and entertainment district located in Downey, roughly 12 miles outside Los Angeles.
Miami — Hong Kong-based Swire Properties, along with co-developers Whitman Family Development and Simon Property Group, has opened the first group of retail stores at Brickell City Centre, a $1.05 billion mixed-use destination in downtown Miami’s Brickell district.
Chicago — Novak Construction has completed a new 20,000-square-foot Target store in Chicago’s Hyde Park.
Phoenix — A joint venture between Parallel Capital Partners and Angelo, Gordon and Co. is set to begin a $25 million renovation of Arizona Center, a 1 million-square-foot mixed-use development located in Phoenix.
Clarksburg, Md. — Simon has opened Clarksburg Premium Outlets, a 392,000-square-foot outlet mall located in Clarksburg, about 30 miles north of Washington, D.C.
Fort Lee, N.J. — Tucker Development, in partnership with Kushner Real Estate Group and a fund managed by Ares Management, has opened the first phase of residential apartments and a portion of the retail component at the 1 million-square-foot Hudson Lights project in downtown Fort Lee.
Wheeling, Ill. — Lynmark Group is scheduled to break ground on Wheeling Town Center, a mixed-use development located 30 miles outside Chicago in Wheeling.
Arlington, Texas — The Cordish Companies has started construction of the first phase of Texas Live!, a $250 million mixed-use project between the Texas Rangers’ Globe Life Park and the Dallas Cowboys’ AT&T Stadium in Arlington.
Charlotte, N.C. — Horizon Development Properties Inc. (HDP) has selected The Fallon Co. to serve as the master developer for the redevelopment of the 16.2-acre Strawn Cottages site in Charlotte.
Mobile, Ala. — Wool Finance Partners has arranged a $7.9 million construction loan for the development of a 101,000-square-foot, Publix-anchored shopping center in Mobile.
