Oceanport, N.J. — Birdsmouth Beer will open a 12,080-square-foot brewery in the coastal New Jersey community of Oceanport on Saturday, Oct. 15. The craft beer provider will operate out of The Commissary, a 53,000-square-foot food hall that is part of the redevelopment of the former Fort Monmouth military base. Gary Krauss of Pierson Commercial represented Birdsmouth Beer in the lease negotiations. Suzanne Macknow of CBRE represented the owner, Denholtz Properties, which also recently inked a 19,567-square-foot lease with MGT Foods.
Development
Joliet, Ill. — PENN Entertainment has unveiled plans to build Hollywood Casino Joliet at the Rock Run Crossings development in Joliet, roughly 35 miles southwest of Chicago. Construction is expected to begin in late 2023, subject to local regulatory approval. The project has an estimated budget of $185 million and will combine gaming, dining and 10,000 square feet of meeting and event space. The land-based casino will replace PENN’s riverboat casino in Joliet. Cullinan Properties owns Rock Run Crossings, which spans 310 acres and 1 million square feet.
Tiffin, Iowa — The Ders Group LLC has broken ground on a two-story PinSeekers golf venue at the Park Place mixed-use development in Tiffin, about 20 miles south of Cedar Rapids. The 49,022-square-foot venue will feature 56 heated bays and Toptracer ball tracking technology, which uses high-speed cameras and computer algorithms to provide instant feedback on golf swings. The facility, which will be open year-round, also features 18 holes of mini golf, a full-service restaurant and two bars. Completion is scheduled for summer 2023. Innovative Construction Solutions is serving as …
Atlanta — Five new retailers are set to open within the container village at Lee + White, a mixed-use redevelopment by Ackerman & Co. and MDH Partners in Atlanta’s West End. The village offers access to the Westside Atlanta Beltline and is scheduled to open in late October or early November of this year. Kelly Wilson of Ackerman & Co. completed short-term license agreements with the retail concepts. New retailers will include Alto, a provider of environmentally friendly products; Coastal Green Wellness, a store for organic CBD and hemp products; …
Glendale, Wis. — ACX Cinemas is set to open at BAYSHORE, a shopping center located in the Milwaukee suburb of Glendale, during summer 2023. The 42,951-square-foot location will include six theaters, gaming, bowling and a Backlot Pizza + Kitchen. Paul Bryant and Westin Kane of Mid-America Real Estate represented ACX in the transaction. Project partners include Cypress Equities, Hunzinger Construction Company and 5G Studio Collaborative.
Columbus, Ohio — CASTO has announced the beginning of construction on its redevelopment of Thurber Village, located in Columbus. Following three years of planning, CASTO will undertake renovations to deliver the mixed-use project. The development will be anchored by a 21,000-square-foot Lucky’s Market and will also include a 13,000-square-foot CVS/pharmacy, 225 apartment homes and structured parking.
North Las Vegas, Nev. — Pacific Group has broken ground on Helios, a 135-acre medical campus located in North Las Vegas. Construction costs for the project are set to total between $4.5 billion and $5 billion. At full buildout, the project is set to include a 1.1 million-square-foot inpatient hospital offering 600 beds, which will be built in three phases costing $1.2 billion; 1.3 million square feet of medical office and medical technology space; 250,000 square feet of retail with an emphasis on health and wellness; 900,000 square feet of …
Ocala, Fla. — BSD Capital recently purchased a former Sears department store and Sears Automotive Center in Ocala spanning 148,857 square feet. An affiliate of Seritage Growth Properties, the spun-off REIT from Sears Holding Corp., sold the buildings at a private auction for $3.2 million. Louie Granteed of Tobin Real Estate represented BSD Capital in the acquisition and is leading leasing efforts for the new owner’s redevelopment that will convert the property to a retail and entertainment destination. Granteed says that prospective tenants for the redevelopment include grocers, big-box retailers …
Stonecrest, Ga. — Stonecrest Resorts LLC, developer of the Sears adaptive reuse project at The Mall at Stonecrest in metro Atlanta, has announced 12 new tenants coming to the development. Phase I of the redevelopment project, called Priví, was the arrival of the SeaQuest Interactive Aquarium that opened in November 2021. The second phase of the project is set to open this fall and include Hand & Stone Massage and Facial Spa; Baldwin’s Literary Social Bookstore & Coffee Bar; 3 Degrees Infrared Sauna Suites; The Lions Cage MMA Fight & …
Anaheim, Calif. — The Anaheim City Council has approved plans for the $4 billion ocV!BE mixed-use entertainment district to surround the Honda Center, home of the NHL’s Anaheim Ducks. With this approval, construction of the project is scheduled to begin before the end of the year. Plans for the 95-acre development call for a 5,700-seat concert hall, 50,000-square-foot market hall, 20 acres of public space, two hotels totaling 650 rooms, approximately 1.1 million square feet of office space and 1,500 apartments with a 15 percent affordable housing component. The site …