Odessa, Texas — Cross B Development is working on the next phase of development of its Parks Bell Ranch North, a 1,700-acre master-planned community in Odessa. The latest phase of development centers on the connection of Yukon Road to State Highway 191, which completes the main thoroughfare and provides residents and commuters with access to other areas within the development. Included in the next phase is Northwind Crossing, a 500,000-square-foot shopping center and planned construction of a medical and professional hub.
Johnstown, Colo. — Buc-ee’s has unveiled plans to enter the Colorado market with a travel center in Johnstown, approximately 47 miles from Denver. The development — which will be the company’s first location outside of the South — is set to open in 2024. Located south of Weld County Road 48 and west of Interstate 25, the 74,000-square-foot property will offer 120 fueling positions and a store with snack, meal and drink options.
Austin, Texas — Inspire Development, an Austin-based developer of residential and commercial properties, has broken ground on the first phase of Pearson Ranch, a new mixed-use campus in northwest Austin. The $2 billion project will include 2.6 million square feet of new office space; 200,000 square feet of stores, restaurants and community and cultural spaces; two hotels; thousands of high-end residences; and 30 acres of park land. Phase I of Pearson Ranch will span 41 acres and feature approximately 600,000 square feet of office space, three high-end apartment communities and …
Overland Park, Kan. — Block & Co. is set to break ground on a 6,000-square-foot retail pad development near Oak Park Mall in Overland Park, roughly 11 miles outside Kansas City. Demolition is currently underway on an existing 34,371-square-foot office building at the site. Announced tenants include IHOP, which will occupy a 4,500-square-foot space; and Paris Baguette, which will open within a 1,500-square-foot space. Negotiations are also underway with a national bank to occupy the corner pad. Alex Block of Block & Co. Inc. Realtors represented both IHOP and Paris …
North Decatur, Ga. and Crestwood, Mo. — Real estate developer EDENS and the City of Crestwood have separately announced two massive mall redevelopment projects in the Atlanta and St. Louis metropolitan areas, respectively. The redevelopment of Class B malls into mixed-use, open-air centers has continued to grow in popularity as shopping center owners and operators look to contend with e-commerce through the delivery of thoughtful spaces that provide an experience for visitors. North Dekalb Mall EDENS purchased North Dekalb Mall last year with plans to redevelop the property into a …
Santa Rosa Beach, Fla. — CBRE has arranged leases for Greenway Station, a mixed-use project under development in Santa Rosa Beach, featuring 26,000 square feet of retail space and anchored by an 85-room boutique hotel. Thomas Watson and Elizabeth Forsythe of CBRE represented the landlord, Midgrove Centre LLC, in the leases. Greenway Station is slated for completion in the second quarter of 2022, with tenant openings throughout the late spring and summer. The development will feature retailers, such as Wild Olives Tapas and Wine Bar, Pecan Jack’s Ice Cream, Coast …
Huntington Station, NY. — Federal Realty has announced plans for the $75 million redevelopment of Huntington Shopping Center, a 21-acre community shopping center in the Long Island community of Huntington Station. Enhancements to the center will include updated facades; reconstructed parking lots; new landscaping and walkways; the development of two pad sites; and the addition of outdoor seating areas. Whole Foods Market is also set to open as part of the redevelopment. The center is home to tenants including PetSmart, Ulta Beauty, Tilly’s and Michaels. All current tenants will remain …
Panama City Beach, Fla. — St. Joe Co. has broken ground on Watersound West Bay Center, a 350,000-square-foot shopping center located in Panama City Beach. The project will include a mix of retail, restaurant, office and medical space. Site work on the project is underway, with vertical construction scheduled to begin in the fall. St. Joe Co. plans to build the project to feature golf cart and pedestrian connectivity. Other plans include mixed-use buildings with first floor shopping and dining options and second floor office space, as well as a …
Beaufort, S.C. — The Morgan Cos. has plans to develop Beaufort Station, a 200,000-square-foot shopping center in Beaufort. The firm acquired 31 acres for the project. The sales price and seller for the land were not disclosed. Construction is expected to start this quarter, with the project set for completion by the fall of 2023. The shopping center will be home to tenants including Hobby Lobby, Ross Dress for Less, Ulta Beauty and Old Navy. Zach Means of Divaris Real Estate Inc. represented The Morgan Cos. in the land transaction, …
Summerville, S.C. — Crosland Southeast has bought 23.7 acres for the first phase of One Nexton, a Publix-anchored mixed-use development in Summerville, roughly 24 miles outside Charleston. Daniel Pellegrino and Seth Clark of Bridge Commercial represented the seller, Brookfield/NASH, in the transaction. Upon completion, the multi-phase project will include 150,000 square feet of shopping and dining space and 351 multifamily units. Charlotte-based Shook Kelley will be the development’s master designer, and Alpharetta, Georgia-based Hiscutt & Associates Inc. is the retail architect for Phase I. Jeff Yurfest of The Shopping Center …