Benton, Ark. — GBT Realty Corp. has acquired a 28.8-acre site for the development of The Shoppes of Benton, a 170,000-square-foot regional shopping center located in Benton, roughly 25 miles southwest of Little Rock.
Fort Lauderdale, Fla. — Aztec Group has secured a $26 million construction loan for Phase II of Riverbend Marketplace, a 37-acre, Walmart-anchored development in Fort Lauderdale.
Chicago — A joint venture between M&R Development and Bucksbaum Retail Properties LLC has acquired a 2.3-acre site in Chicago’s Lakeview neighborhood for the future development of Addison & Clark, a mixed-use retail and multifamily property.
Atascocita, Texas — Baker Katz has broken ground on the redevelopment of two retail buildings totaling 33,000 square feet in the Houston suburb of Atascocita.
Lafayette, La. — Stirling Properties and CBL & Associates Properties Inc. have opened Ambassador Town Center in Lafayette.
San Francisco — Lennar Urban has won approval for its updated development plans for Candlestick Point, a massive mixed-use development planned for the site of Candlestick Park, former home of the San Francisco 49ers football team.
Kissimmee, Fla. — Magic Development LLC has revealed plans for Magic Place, an 87-acre, $3.3 billion mixed-use development near Walt Disney World Resort in the Orlando suburb of Kissimmee.
Katy, Texas — Lowe’s Cos. is set to build a 100,000-square-foot Lowe’s Home Improvement store at The Shoppes at Cinco Ranch in Katy, roughly 30 miles outside of Houston.
Spring, Texas — A 126,800-square-foot Target is set to anchor Grand Parkway Marketplace, a 465,000-square-foot power center currently being developed by Kimco Realty Corp.
Ballston, Va. — The Shooshan Co. and Brandywine Realty Trust plan to build a 22-story mixed-use high-rise project for the final portion of their Liberty Center development in Ballston, roughly six miles west of Washington, D.C.