Westlake, Fla. — An entity doing business as Westlake Palms, led by Don Hearing, has announced plans to develop a 10,400-square-foot retail center in Westlake in southeast Florida. Upon completion, the property, dubbed Westlake Palms, will comprise a multi-tenant building with seven tenant suites ranging from 1,305 square feet to 1,648 square feet in size. Situated within the Westlake master-planned community, the development will also feature 48 parking spaces, two electric vehicle charging spaces and bike storage. The project is fully pre-leased to tenants including an optometrist, dentist, orthodontist and café. …
Development
Aliso Viejo, Calif. — ValueRock Realty has completed the first phase of The Commons — a 21-acre mixed-use development in Aliso Viejo — with the grand opening held on Dec. 14. The project is a redevelopment of a 200,000-square-foot vacant former Lowe’s property. In addition to 200,000 square feet of retail space, The Commons will include a proposed 343-unit residential community. Retail tenants at the project include Tesla, 99 Ranch Market, Daiso and Philz Coffee, all of which are scheduled to open by the end of the year. Additional tenants, including Bowlero …
Grandville, Mich. — Poag Development Group has announced plans to complete a $1.3 million renovation at RiverTown Crossings, a regional mall in the Grand Rapids suburb of Grandville. Improvements at the property will new landscaping, updates to the parking lot and repairs to the merry-go-round. Macy’s, Kohl’s, JCPenney, Celebration Cinemas and Dick’s Sporting Goods anchor the 1.3 million-square-foot mall. Poag will also work with JLL, which manages leasing at the RiverTown Crossings, to “maximize the potential of the property.”
Little Elm, Texas —Weber & Co. has announced plans for the development of a 225,000-square-foot shopping center in Little Elm, on the northern outskirts of Dallas. Target will anchor the center, which will be dubbed Bates Town Crossing in honor of the family that originally owned the site. Davidson Bogel Real Estate brokered the sale of the land on behalf of the Bates family and has been retained as the center’s leasing agent. A construction timeline was not announced, but Target plans to open by summer 2026.
San Juan Capistrano, Calif. —ALMQUIST has opened River Street Marketplace, a new, $70 million retail development located in San Juan Capistrano, roughly 55 miles southeast of Los Angeles. Almost all of the property’s 30 tenants have opened, with the additional openings scheduled for the coming weeks. Retailers and restaurants at the center — which totals 60,000 square feet — include Free People, Shop Common Thread, Tecovas, Fermentation Farm, Finca, Wildfire Mercantile, La Vaquera, Seager, Pick Me Flowers, May Martin, Mendocino Farms, Toes on the Nose, Salt Optics, CAPO Leisure House, Studio …
Costa Mesa, Calif. — Space Investment Partners has completed the $11 million renovation of The Ranch at Newport Bay, a retail center located in Costa Mesa. Irvine Ranch Market anchors the property, which totals 60,000 square feet. The renovation project included the expansion of the anchor tenant’s space by 2,500 square feet. Verde recently signed a lease at the center, bringing the development to full occupancy. Other tenants at the property include Nike Training Studio, XPT Studio, Del Mar Wellness, Coffee Dose and Tiny Tooth Pediatric Dentistry. Space Investment Partners acquired …
Broomfield and Loveland, Colo. — Prism Places and McWhinney have announced plans to partner on the development of two mixed-use projects in metro Denver. Both projects will be situated within master-planned communities currently underway by McWhinney. The first property, Center Street, will be located within the 1,100-acre Baseline community in Broomfield, roughly 20 miles northwest of Denver. Upon completion, the project will total 312,000 square feet, including 231,500 square feet of retail, restaurant and grocery space. Michael Hsu Office of Architecture will design Center Street, which will also feature office space …
Johns Creek, Ga. — Six new tenants have signed leases at Medley, a 43-acre mixed-use property currently underway in the Atlanta suburb of Johns Creek. Toro Development Company is the developer and plans to break ground on the project in January. Upon completion, Medley will comprise 150,000 square feet of retail, restaurant and entertainment space; a 175-room boutique hotel; 110,000 square feet of office space; 750 multifamily residences and 133 townhomes; and a 25,000-square-foot plaza. The new tenants include Sephora, Rena’s Italian Fishery & Grill, High Country Outfitters, BODYROK, Petfolk and …
Trader Joe’s to Open 13,500-Square-Foot Grocery Store at Halcyon Mixed-Use Development in Metro Atlanta
Alpharetta, Ga. — RocaPoint Partners has announced that Trader Joe’s will open a new 13,500-square-foot grocery store at Halcyon, a mixed-use development in the north Atlanta region of Forsyth County. Located in Alpharetta near the Big Creek Greenway trail, the grocery store will be situated next to the new Chick-fil-A as part of the third phase of Halcyon, which recently celebrated its fifth anniversary of operation. Other committed tenants of Halcyon’s Phase III include Chewy Vet Care, Chase Bank and Five Guys. Halcyon also includes The Village Green central gathering space for …
Space Investment Partners Completes $11 Million Renovation of Mixed-Use Property in Costa Mesa, California
Costa Mesa, Calif. — Space Investment Partners has completed an $11 million renovation of The Ranch at Newport Bay, a 60,000-square-foot mixed-use property located at 2651-2675 Irvine Ave. in the Orange County community of Costa Mesa. Restaurant and bar concept Verde opened within a 5,000-square-foot space in November, bringing the property to full occupancy. Additional tenants include Nike Training Studio, XPT Studio, Del Mar Wellness, Coffee Dose and Tiny Tooth Pediatric Dentistry. Anchor tenant Irvine Ranch Market occupies 17,500 square feet at the center. Details on the renovation were not disclosed.