Development

Village-Green-at-Bridgeland-Central-Houston

Houston — Howard Hughes Holdings is underway on construction of Village Green at Bridgeland Central, a 70-acre retail development in northwest Houston. Situated within the 925-acre Bridgeland master-planned community, Village Green will comprise a 100,000-square-foot H-E-B grocery store and 28,000 square feet of inline retail and restaurant space. The development will also feature multiple outdoor dining spaces and connectivity to Bridgeland’s network of walking trails. H-E-B is scheduled to open later this year, with the inline space scheduled for a spring 2025 delivery. Tal McIver of McIver Properties represented H-E-B in …

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Xfinity-Live!_Philadelphia

Philadelphia — Comcast Spectator and The Cordish Cos. plan to implement $12 million in renovations at Xfinity Live! in Philadelphia. The property is situated within The Philadelphia Sports Complex. Originally developed by the companies in 2012, the development features restaurant and entertainment space, with tenants including Broad Street Bullies Pub, PBR Philly, 1100 Social, Victory Beer Hall, Chickie’s and Pete’s, Geno’s Steaks and Lorenzo and Sons Pizza. Planned upgrades at the property include both interior and exterior improvements and the addition of new gathering areas and terraces. Construction is scheduled to …

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East-Ridge-Tenn-Shopping-Center

East Ridge, Tenn. — Urban Story Ventures will redevelop a 160,000-square-foot retail center located in East Ridge, roughly 10 miles outside Chattanooga. The developer purchased the property — which features a 38,000-square-foot space formerly occupied by Food City, five retail outlet buildings and parking — last year. A roster of food-and-beverage, professional services and apparel retailers currently occupy a portion of the center. Plans call for a combination of renovations to existing suites, as well as new construction. Urban Story Ventures will reposition the property as a mixed-use development and plans to …

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Lewisville, Texas — Eight new food-and-beverage concepts have signed leases at The Realm at Castle Hills, a 324-acre mixed-use development currently underway in Lewisville in the Dallas-Fort Worth metro. Upon completion, the project will feature 1.5 million square feet of retail, office and restaurant space, in addition to multifamily units, a boutique hotel and an outdoor entertainment district. The new tenants include a dual Marble Slab Creamery/Great American Cookies shop, which will occupy 1,600 square feet, as well as Voodoo Brewing Co., which will occupy 4,346 square feet. Cocinero Mexican Restaurant, …

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Morganton-Park-South_Southern-Pines

Southern Pines, N.C. — BWE has arranged a $24.3 million loan for the construction of Phase II of Morganton Park South, a retail development underway in Southern Pines. Situated near the Pinehurst Golf Resort, Phase II is fully preleased and will house the region’s first BJ’s Wholesale Club. Phase I of Morganton Park South is occupied by tenants including Target, Dick’s Sporting Goods/Golf Galaxy and HomeGoods. Daniel Rosenberg and Logan Petersmeyer of BWE originated the interest-only loan on behalf of the borrower, Midland Atlantic Properties. The loan was underwritten with a …

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High-Street_Atlanta

Atlanta — Five new tenants have signed leases at High Street, a $2 billion mixed-use district currently underway in Atlanta. The retailers will open within the first phase of the development, which will comprise 150,000 square feet of retail space. Eatertainment concept Jaguar Bolera will occupy 21,500 square feet, and restaurants Nando’s PERi-PERi and Velvet Taco will occupy 3,300 and 2,300 square feet, respectively. Allen Edmonds will also open at the property, with a 1,800-square-foot store, and Skin Spirit will open a 2,300-square-foot medical spa. GID Development Group is the developer …

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Chesire-Crossing_Cheshire-Conn

Cheshire, Conn. — Regency Centers has acquired land in Cheshire, with plans to develop a 152,000-square-foot retail center at the site. Dubbed Cheshire Crossing, the property will comprise the retail component of the master-planned Stone Bridge Crossing community. Whole Foods Market will anchor the center, which will also feature a 23,000-square-foot T.J. Maxx, 18,000 square feet of junior anchor space, five outparcels and 38,000 square feet of inline shop space. 

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Smalls-Sliders

Atlanta — Atlanta-based cheeseburger concept Smalls Sliders has expanded, with 200 total restaurants now open or under development. The brand currently has stores, referred to as “Cans,” operating across Louisiana and Mississippi, with openings scheduled in 13 states throughout the Southeast and Midwest. “We look forward to continuing this path of growth, and hopefully announcing our next milestone of 300 Cans under development very soon,” says Maria Rivera, CEO of Smalls Sliders. 

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Valley-Grove_Pleasant-Grove-Utah

Pleasant Grove, Utah — Three restaurants have signed new leases at Valley Grove, a mixed-use property currently being developed by St. John Properties in Pleasant Grove. Upon full build-out, the cost of the project, which features office, retail, hotel and research and development space, is expected to total $1.2 billion. Wayback Burgers, The Smoked Taco and Sip’N Drinks & Treats are scheduled to open at the property later this year, occupying spaces totaling 6,011 square feet. Ryan Stewart, Erik Hulbert and Chris Flesner of Mountain West Commercial represented Wayback Burgers in …

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Sprouts

Yuma, Ariz. — Sprouts Farmers Market will open a 23,228-square-foot store in Yuma, marking the second location in the city for the Phoenix-based grocer. In addition to the Yuma Foothills Sprouts store, the property will feature an additional 11,250 square feet of attached, inline retail space. The Spencer Cos. is the landlord and project developer. Regan Amato of JLL’s Phoenix office represented Sprouts in the lease negotiations, and Thomas J. Pancrazi of A.T. Pancrazi Real Estate Services represented The Spencer Cos. A construction timeline was not disclosed. 

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