Development

CanalSide-Food+Drink_Cambridge-Mass
DevelopmentLeasingMassachusettsNewsRestaurants

Two New Concepts Join CanalSide Food + Drink in Cambridge, Massachusetts

by Hayden Spiess

Cambridge, Mass. — Two new concepts have joined the lineup at CanalSide Food + Drink, a new food hall scheduled to open this month in Cambridge. Eateries Juicygreens and Far Out Ice Cream have joined the vendor lineup, which also includes anoush’ella, Caffé Nero, Chilacates, DalMoros Fresh Pasta to Go, Fresh, InChu, Lala’s Neapolitan-ish Pizza, Nu Burger, Sapporo Ramen and Teazzi Tea Shop. New England Development is the developer of the property, which was designed by RODE. The project team also includes general contractor Whiting Turning. 

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DevelopmentNewsTexas

Collett & Associates, Alexander Family to Develop $25 Million Retail Project in Metro San Antonio

by Hayden Spiess

Seguin, Texas — A joint venture between Collett & Associates and the Alexander Family will develop a $25 million retail project in Seguin, roughly 35 miles outside San Antonio. Upon completion, the development will comprise more than 135,000 square feet of retail space. Tenants at the property will include Hobby Lobby, Five Below, James Avery and an undisclosed sporting goods retailer, among others. Construction is scheduled to begin by the end of 2024, with openings scheduled for fall 2025. 

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The Meridian
DevelopmentGrocery-anchoredMixed-useNewsPennsylvania

Greystar, ECHO Realty Break Ground on Multifamily, Retail Development in Pittsburgh

by Hayden Spiess

Pittsburgh — A joint venture between Greystar and ECHO Realty has broken ground on Ophelia and The Meridian, a multifamily and retail project located at the intersection of Penn and Shady avenues in Pittsburgh.  The development will include Ophelia, a 231-unit multifamily project by Greystar; The Meridian, a 44,000-square-foot retail development spearheaded by ECHO Realty; and parking for both retail and residential uses. Ophelia will offer units in studio, one- and two-bedroom configurations, 35 of which will be subject to income restrictions under the city’s affordable housing program. Shared amenities will …

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La-Villita-Assembly-Hall_San-Antonio-Texas
DevelopmentNewsRestaurantsTexas

MLSA Ventures Announces Plans for 49,993-Square-Foot Food and Beverage Redevelopment of La Villita Assembly Hall in San Antonio 

by Hayden Spiess

San Antonio — MLSA Ventures has announced plans to redevelop the historic La Villita Assembly Hall in San Antonio into a food and beverage project featuring 49,993 square feet of leasable space. Renovations to the building, which was originally constructed in 1958, are scheduled to begin in the second quarter of 2025. In addition to space for food and beverage concepts, the redevelopment will include public patios and a large outdoor bar with a beer garden. Completion is expected for 2027. The project team includes Ford, Powell and Carson as the …

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Metrocenter-Mall-Redevelopment
ArizonaDevelopmentMixed-useNews

Development Team Begins Demolition Process for $850 Million Metrocenter Mall Redevelopment in Phoenix

by Hayden Spiess

Phoenix — Developers Concord Wilshire Capital and TLG Investment Partners have begun the abatement and demolition of the Metrocenter Mall in Phoenix, beginning the $850 million redevelopment of the property into a mixed-use community. The Metrocenter Mall opened its doors in 1973 and closed in 2020. The two-story, 140,000-square-foot mall is situated on 312 acres on the city’s northwest side. Plans for the redevelopment include more than 2,600 apartment units, as well as 100,000 square feet of retail space. The demolition process has commenced with the destruction of the former Dillard’s …

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City-Center-Springdale_Springdale-Ohio
DevelopmentMixed-useNewsOhio

AV Cincinnati Acquisition LLC to Redevelop 76-Acre Tri-County Mall Site

by Hayden Spiess

Springdale, Ohio — An entity doing business as AV Cincinnati Acquisition LLC has announced plans for the redevelopment of the 76-acre former Tri-County Mall site in Springdale, approximately 20 miles outside Cincinnati. The entity, which acquired the property in July, will act as the master developer of the project, dubbed City Center Springdale. Upon completion, the development will feature 600,000 square feet of retail, entertainment and restaurant space; 750,000 square feet of office space; 2,600 multifamily residential units; 200,000 square feet of fitness facilities; and 400 rooms of hospitality space. 

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DevelopmentGeorgiaInvestment salesNews

Gwinnett County Acquires 23-Acre Macy’s Site at Gwinnett Place Mall in Metro Atlanta

by Hayden Spiess

Duluth, Ga. — Gwinnett County’s Urban Redevelopment Agency has acquired Macy’s department and furniture stores totaling 293,059 square feet at Gwinnett Place Mall, a beleaguered regional shopping mall in the northeast Atlanta suburb of Duluth. With this 23-acre acquisition, the county — which initially purchased a 39-acre portion of the Gwinnett Place Mall site in 2021 — will own a total 76 acres at the site. Gwinnett County’s Urban Redevelopment Agency purchased the two Macy’s stores in a $16.5 million sale-leaseback transaction, and Macy’s will continue to operate at the property …

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Georgia-Pacific-Rendering
DevelopmentGeorgiaMixed-useNews

Georgia-Pacific Announces Plans for Mixed-Use Redevelopment at 51-Story Downtown Atlanta Campus

by Hayden Spiess

Atlanta — Paper products manufacturing and marketing giant Georgia-Pacific has announced plans to redevelop the company’s 51-story world headquarters building and the surrounding city block in downtown Atlanta. Upon completion, the development will feature more than 400 apartment units on the tower’s top floors; 125,000 square feet of retail, restaurant and entertainment space; 600,000 square feet of Class A office space anchored by Georgia-Pacific and its parent company, Koch Inc.; 35,000 square feet for a large, central plaza; more than 2,100 parking spaces; and MARTA and Atlanta Streetcar transportation access.  “The …

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DevelopmentNewsTexas

NewQuest Breaks Ground on 19,000-Square-Foot Retail Building in Houston Suburb

by Hayden Spiess

Richmond, Texas — NewQuest Properties has broken ground on a 19,000-square-foot, multi-tenant retail building in Richmond, a southwestern suburb of Houston. The building will be part of Phase III of The Grand at Aliana, a 65-acre retail project currently underway by the developer. The new building is 75 percent preleased to tenants including Milano Nails, America’s Best, Five Guys, Dunkin’, Firehouse Subs and Buffalo Wild Wings Go. Openings are scheduled to begin next summer. Costco Wholesale opened a store at the property earlier this year and anchors Phase III of the …

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Rockfish-Village_Publix_Fayetteville
DevelopmentGeorgiaGrocery-anchoredNews

Branch Properties to Develop 57,851-Square-Foot Publix-Anchored Shopping Center Near Savannah, Georgia

by Hayden Spiess

Hinesville, Ga. — Branch Properties has acquired 9.7 acres of land for Flemington Village, a 57,851-square-foot shopping center to be developed in Hinesville, approximately 40 miles southwest of Savannah. A 46,791-square-foot Publix will anchor the center, which is scheduled for completion in the third quarter of 2025. The property will also feature 11,060 square feet of inline retail space and an outparcel. 

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