Naples, Fla. — Barron Collier is underway on the construction of a 21,000-square-foot retail center in Naples. Situated within the developer’s Ave Maria master-planned community, the development is scheduled for completion next summer. Tenants at the property will include NCH Immediate Care Center, Sunshine Ace Hardware, Dunkin’ Donuts, LEDO Pizza and Cold Stone Creamery.
Queen Creek, Ariz. — Sprouts Farmers Market has opened a 50,000-square-foot store at Vineyard Towne Center, a 23-acre retail development currently underway by Vestar in the Phoenix suburb of Queen Creek. Sprouts is the anchor tenant of Phase I of the project. A 145,000-square-foot Target will open in April 2025 and anchor the development’s Phase II. Other tenants at Phase I, which is currently 90 percent leased, include Chunk Cookies, Cinnaholic, Dentists of Queen Creek, European Wax Center, MOD Pizza, Mountain America Credit Union, Mr. Pickles, Nekter Juice Bar, Ono Hawaiin …
Pigeon Forge, Tenn. — BrightColors LLC And partner Kingsmen Xperience Inc. have announced plans with Crayola to open a 30,000-square-foot Crayola Experience in Pigeon Forge. Upon completion, the indoor family entertainment center will feature 20 attractions and a retail store. The Pigeon Forge location marks the sixth attraction for the brand, which has opened others in Pennsylvania, Florida, Minnesota, Texas and Arizona. Four additional Crayola Experience locations will open over the next five years, the locations of which were not disclosed.
Chambersburg, Pa. — Namdar Realty Group and the Franklin County Area Development Corp. (FCADC) have announced plans for the redevelopment of Chambersburg Mall, a 127-acre property located in Chambersburg. Plans include the development of a mixed-use property at the site. “The focus remains on creating a vibrant and versatile development that caters to the evolving needs of the community,” says Dan Dilmanian, chief operating officer of Namdar, which has engaged with the FCADC for seven years to explore possibilities for the redevelopment.
Port St. Lucie, Fla. — PEBB Enterprises and Banyan Development have started construction on the Shoppes @ the Heart of Tradition, a 71,000-square-foot retail project situated within the master-planned Tradition community in Port St. Lucie. A 19,231-square-foot Aldi will anchor the development, which is scheduled for completion next summer, when tenant buildouts will begin. Other tenants will include Kyle G’s Amore Chop House, Port Tradition, Tomalty Dental, Le Bistro de Paris, Picasso Nails and Rita’s Ice.
Clay, N.Y. —Hart Lyman Co. has purchased Great Northern Mall, a shuttered retail and dining development located in Clay, for $9 million. The new ownership plans to redevelop the 120-acre property into a mixed-use destination. Britt Raymond and Kyle Fant of SRS Real Estate Partners represented the seller, New York-based Kohan Retail, in the transaction. The duo also procured Hart Lyman as the buyer.
Los Angeles — Reuben Brothers, a private equity and real estate investment firm, has completed the development of Century Plaza, a $2.5 billion mixed-use project in the Century City area of Los Angeles. Sales and marketing of the development’s two 44-story residential towers totaling 268 for-sale residences will commence this fall. Designed by Pei Cobb Freed & Partners, the buildings offer residential amenities such as a pool, business center, outdoor dining spaces, a dog park and a children’s playroom. Century Plaza also features the reimagined Fairmont Century Plaza hotel, which …
Tempe, Ariz. — Arizona State University (ASU) and Catellus Development Corp. are underway on Novus Place, the 275,000-square-foot retail and entertainment portion of the 4.5 million-square-foot mixed-use Novus Innovation Corridor in Tempe. Located adjacent to ASU’s Tempe campus, the multi-phase project is being developed through a public-private partnership between the university and development firm. Vestar will manage the retail portion of the development. Fox Restaurant Concepts (FRC) recently signed a lease to bring three food-and-beverage concepts — Flower Child, Blanco Taco Cocina + Cantina and North Italia — to the property, …
Oklahoma City — Veritas Development has topped out Phase I of OAK, a 20-acre mixed-use development underway in Oklahoma City. The first phase of the project includes 135,000 square feet of retail space, as well as a 132-room boutique hotel and 320 apartment units. Plans for another phase of the development include an additional 85,000 square feet of retail space and 100,000 square feet of office space. Michael Nagy and Chris Speciale of Open Realty are leading leasing efforts for the retail portion of the property, and tenants currently include Restoration …
Morris Township, N.J. — A joint venture between Accurate and DeVimy Equities has opened Morris Marketplace, a 140,000-square-foot retail center located in Morris Township. Of the 24 tenants that have signed leases at the property, 17 are currently open. Tenants at the center include Burlington, European Wax, Tropical Smoothie, Wells Fargo, Jersey Mike’s and Orangetheory Fitness.
