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DevelopmentFloridaNews

Branch Breaks Ground on Publix-Anchored Shopping Center in Milton, Florida

by Katie Sloan

Milton, Fla. — Branch Properties has broken ground on Merganser Commons at Dogwood Estates, a Publix-anchored shopping center in Milton. The grocer will occupy 46,811 square feet and be the first Publix store in the city. Overall, Merganser Commons will span 66,921 square feet and feature retail, dining and service-oriented tenants. Branch Properties’ partner on the project is Merganser Enterprises LLC, a retail developer based in Smyrna, Georgia. Branch Properties plans to deliver the center in spring 2022.

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Shops-at-Ledgewood-Commons-New-Jersey
DevelopmentNew JerseyNews

Advance Realty, Invesco Open 450,000-Square-Foot Redevelopment in Roxbury, New Jersey

by Katie Sloan

Roxbury, N.J. — A joint venture between Advance Realty Investors and Invesco Real Estate has opened The Shops at Ledgewood Commons, a 450,000-square-foot open-air lifestyle center in Roxbury, about 45 miles west New York City. The site was formerly occupied by Ledgewood Mall. Walmart Supercenter anchors the center, which is also home to tenants including Marshalls, Ashley HomeStore, Men’s Wearhouse, Ulta Beauty, Five Below, Burlington, Wendy’s, Chipotle Mexican Grill, Five Guys, Panda Express and Starbucks Coffee. Jeffery Realty is the leasing agent for the property.

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Burlington
DevelopmentFloridaNews

FRONTIER Building Completes Redevelopment of Two Retail Properties in Doral, Florida

by Julia Sanders

Doral, Fla. — General contractor FRONTIER Building has completed the redevelopment of two retail properties totaling 62,000 square feet in Doral. The buildings were formerly occupied by Toys “R” Us and Babies “R” Us. The project included renovations to the existing exterior façades and interior build-outs at both stores, which will now be occupied by Burlington and Total Wine & More.

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DevelopmentInvestment salesNewsOhio

DealPoint Merrill Completes Purchase of Richmond Town Square Mall in Cleveland, Plans $200 Million Mixed-Use Project

by Julia Sanders

Cleveland — DealPoint Merrill has completed its purchase of the former Richmond Town Square regional mall in Cleveland. Built in 1966, the mall was home to over 90 stores until its closure in 2021. DealPoint plans to redevelop the site into Belle Oaks Marketplace, a $200 million mixed-use development. The 1.6 million-square-foot project is set to include 40,000 square feet of restaurants; an outdoor community entertainment venue; 791 Class-A apartment units; 315,000 square feet of grocery and retail stores; and an 80,000-square-foot renovated Regal Cinema theater complex. Construction is expected …

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Bronzetown
DevelopmentIllinoisNews

City of Chicago Approves $3.8 Billion Mixed-Use Project at Former Michael Reese Hospital Site

by Julia Sanders

Chicago — The Chicago City Council has given approval for the development of Bronzeville Lakefront, a $3.8 billion mixed-use project located in Bronzeville, a South Side neighborhood. Michael Reese Hospital and Medical Center, which closed in 2008, formerly occupied the 48-acre development site. The City of Chicago acquired the property in 2009 and cleared most of the land over the ensuing months. A team of local developers known as GRIT was selected to purchase the site for $96.9 million through a redevelopment agreement. GRIT comprises Farpoint Development, Loop Capital Management, …

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USQ
DevelopmentMassachusettsNews

Joint Venture Breaks Ground on $2 Billion USQ Mixed-Use Project in Metro Boston

by Julia Sanders

Somerville, Mass. — US2, a joint venture between Magellan Development, RAS Development LLC, Cypress Equity Investments and USAA Real Estate, has broken ground on a $2 billion mixed-use project known as USQ in Somerville, just northwest of Boston. The 15-acre, transit-oriented development is situated in the city’s historic Union Square neighborhood at the southeast corner of Somerville Avenue and Prospect Street. An official groundbreaking ceremony took place this morning. Totaling 2.4 million square feet, USQ has been in the making for decades, according to the development team. Plans call for …

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Waterpoint Center
DevelopmentNewsTexas

Gordon Partners Completes 35,000-Square-Foot Mixed-Use Expansion Project at Lake Conroe

by Julia Sanders

Conroe, Texas — Houston-based Gordon Partners has completed the 35,000-square-foot expansion of Waterpoint Center, an office, retail and restaurant development located north of Houston on Lake Conroe. Retail and restaurant users that will soon be opening at the 140,000-square-foot waterfront property include Akashi Asian Bistro, Crust Pizza Co., Boardwalk Boutique, The Paleta Bar, Hunger Crush Café and Bar Lago Craft Cocktails. Gordon Partners will soon break ground on an additional 10,000 square feet of office and medical space that is expected to be complete in the first quarter of 2022.

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Ulta
DevelopmentIllinoisNews

Target, Ulta Beauty Reveal Brands and Locations Ahead of August Launch

by Julia Sanders

Minneapolis and Bolingbrook, Ill. — Target Corp. and Ulta Beauty have revealed further details about the Ulta Beauty at Target launch, which is slated to begin rolling out in more than 100 Target stores nationwide and online this August. Most of the initial locations will be concentrated in California, Colorado, Florida, Illinois, Minnesota, New York and Texas. The “shop-in-shop” retail concept will include 50 specially curated brands. The two companies are planning to roll out the concept at 800 Target stores in the coming years. Each shop-in-shop will be placed …

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Post Oak Plaza
DevelopmentNewsTexas

Levcor to Redevelop 503,000-Square-Foot Post Oak Plaza in Uptown Houston

by Julia Sanders

Houston — Levcor will redevelop Post Oak Plaza, a 503,000-square-foot shopping and dining destination in Houston’s Uptown neighborhood. Architecture firm BRR is leading the design of the project, which will be carried out in phases throughout 2022. The development team will upgrade storefronts to allow more natural light, introduce communal outdoor gathering spaces, widen pathways that connect buildings and install new landscaping features. Businesses will remain open throughout the redevelopment project. Current tenants at Post Oak Plaza include Bill Walker Clothier, Eye Elegance, FedEx, Home Source, Madison Lily, Pinto Ranch, …

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Colony Square
DevelopmentGeorgiaNews

North American Properties Completes Redevelopment of Colony Square in Midtown Atlanta

by Julia Sanders

Atlanta — North American Properties has completed the redevelopment of Colony Square, a mixed-use project located at the intersection of 14th and Peachtree streets in the Midtown neighborhood Atlanta. The project included renovations on two existing buildings totaling 200,000 square feet, and the ground-up development of a movie theatre and Politan Row food hall, as well as two new Class A office buildings with street-level retail. General contractor Hoar broke ground on Phase I of the multi-phase project in October 2017. In total, Colony Square offers 940,000 square feet of …

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