Development

Parkside-Dresden_Brookhaven

Brookhaven, Ga. — Connolly has signed new tenants to Parkside on Dresden, a $70 million mixed-use development underway in the Atlanta suburb of Brookhaven. The four-acre development is scheduled to open in fall 2024 and will comprise residential units, as well as 32,000 square feet of retail and restaurant space. Tenants will include Confab Kitchen and Bar, Honeysuckle Gelato, Café Vendome, Clean Juice, El Valle, MIRAE and F45 Training. Mindy Elms and Ed O’Connor of Lavista Associates Inc. manage retail leasing at the property on behalf of Connolly.

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Madison, Wis. — Whole Foods Market will open a new, 50,000-square-foot store in Madison on Dec. 13. This marks a relocation of the brand’s existing Madison store, which has been open since 1996. The store will anchor the 21-acre Madison Yards mixed-use development, which will also feature additional retail, restaurant and entertainment space surrounding a central green plaza. Products at the store will include more than 800 local items from the Midwest. 

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Sports-Entertainment_Orlando

Orlando, Fla. — A joint venture between SED Development LLC, JMA Ventures LLC and Machete Group Inc. has developed plans and renderings for a new mixed-use development in downtown Orlando. The project, dubbed the Orlando Sports + Entertainment District, will comprise 900,000 square feet situated on 8.5 acres adjacent to Amway Center, the home arena for the NBA’s Orlando Magic. The Orlando Sentinel reports the project will cost roughly $500 million to develop. In addition to hotel, residential and office space, the development will feature 100,000 square feet of shops and restaurants and …

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Ovation-Hollywood_Hollywood-Calif

Hollywood, Calif. — DJM and Gaw Capital USA have opened Ovation Hollywood, a newly redeveloped, 475,000-square-foot retail center located in Hollywood. The partnership completed a three-year, $100 million renovation of the property, which was previously known as Hollywood & Highland. Redevelopments at the center began in 2020 and have included design by Gensler. New tenants at the property include Café de Leche, Tacos Neza, a Kylie Cosmetics pop-up shop, The Win-Dow, BOPOMOFO. The fourth level of the center has been converted into entertainment space and will feature comedy club Kookaburra Lounge. 

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RH-Indianapolis

Indianapolis — RH (NYSE: RH), a home furnishings retailer formerly operating as Restoration Hardware, has opened RH Indianapolis, The Gallery at DeHaan Estate. Located at 4501 N. Michigan Road, the 151-acre property houses a 60-room, Palladian-style villa that RH has repurposed as a unique showroom and dining destination. RH Indianapolis carries home furnishing collections from the company’s Interiors, Contemporaries, Modern and Outdoor catalogues. The estate’s east and west wings include showrooms from the various RH collections, including bedroom suites on the upper level. The RH Interior Design Studio occupies the east …

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Fort-Bend-Town-Center_Missouri-City-Texas

Missouri City, Texas — Two new tenants have signed leases at Fort Bend Town Center, a multi-phase, 144-acre retail project currently underway by NewQuest Properties in Missouri City, roughly 20 miles outside Houston. EoS Fitness will occupy 40,000 square feet, and CoCo Bella has leased 12,530 square feet at the development. Bob Conwell and Andrew Alvis represented NewQuest in the lease negotiations on an internal basis. Jason Baker of Baker Katz represented EoS, and Joanna Temple Johnston of Temple Commercial Realty represented Coco Bella. Construction on Fort Bend Town Center began …

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Hernando West Plaza

Spring Hill, Fla. — A joint venture between the Sembler Co. and Forge Capital Partners has completed a $13.3 million redevelopment of Hernando West Plaza, a retail center located in Spring Hill. The partnership, dubbed Forge Real Estate Partners IV, acquired the property in 2020 before commencing the 11-month redevelopment project. Construction included the demolition of an existing 46,000-square-foot grocery store and 9,800 square feet of inline shop space, originally built in 1980. A new 45,000-square-foot grocery storefront has been constructed, as well as an adjacent 3,200 square feet of shop …

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Artisan-Circle_Fort-Worth-Texas

Fort Worth, Texas — Younger Partners has rebranded Crockett Row, a mixed-use development comprising 282,805 square feet across five city blocks in Fort Worth, as Artisan Circle. Tenants include more than 25 dining, wellness and entertainment retailers, and Tierra Mediterranean, La Cabrona, Si Tapas and Rose Couture Nail Bar are scheduled to open at the development in the first quarter of 2024. The rebranding includes plans for redevelopment, which will include the installation of new hydraulic elevators in three parking garages, hardscape improvements in the central courtyard and improvements to lighting …

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Metropolitan-Park_Queens-N.Y

Queens, N.Y. — Steve Cohen, owner of the New York Mets baseball team, will develop an $8 billion entertainment and sports park in Queens. Dubbed Metropolitan Park, the development will occupy the 50 acres of asphalt around Citi Field, which are currently vacant. Plans for the project include a food hall, an entertainment complex including a Hard Rock hotel, live music venue and gaming, 20 acres of park space, 5 acres of community athletic fields and playgrounds, new connections to the waterfront, a renovated mass transit station and improved roads, bike …

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Babcock-Ranch_Fla

Babcock Ranch, Fla. — Retail tenants have signed leases totaling more than 120,000 square feet at Babcock Ranch, a solar-powered mixed-use community currently underway in South Florida. The project is entitled for 6 million square feet of commercial space, in addition to residences. Upon completion, the development will feature 4 million square feet of retail space, including shopping centers The Shoppes at Yellow Pine and Crescent B Commons. Marshalls, Ace Hardware, Five Below, Oar & Iron, Tipsy Salonbar, Fountain Pools, Seymour Orthodontics, Yummy Thai & Chinese, Verizon, Papa Johns, Carvel and …

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