Pleasant Grove, Utah — St. John Properties has signed leases with seven new tenants at Valley Grove, a $1 billion, 128-acre mixed-use project under development in Pleasant Grove, roughly 35 miles south of Salt Lake City. The new tenants include Columbia Bank (3,100 square feet), Chicken Salad Chick (2,461 square feet), LongHorn Steakhouse (5,780 square feet), Mrakki Brow Bar (4,802 square feet), Only Crowns (1,238 square feet), Stella’s Ice Cream (1,991 square feet) and quickgreens (1,877 square feet). Other restaurants and retailers at Valley Grove include Café Rio, Chick-fil-A, Da Cloud …
Mixed-use
Location is everything in retail, and Rock Run Collection has a compelling location — anchored by a new interchange that opened in August 2024, connecting the 310-acre Joliet site to I-55 and I-80, two of Illinois’ busiest expressways. The project, which Cullinan describes as the largest super-regional development currently underway in the Midwest, will encompass more than 1 million square feet of retail, dining, entertainment, hospitality, multifamily and office uses. In this Retail Insight interview from ICSC Las Vegas, reporter Nellie Day sits down with Maria Toliopoulos, chief strategy officer …
Diversified Partners Acquires Site for 100,000-Square-Foot Mixed-Use Project in Scottsdale, Arizona
Scottsdale, Ariz. — Diversified Partners has acquired a waterfront property in Scottsdale that will become The Lakefront at Scottsdale, a 100,000-square-foot mixed-use redevelopment. The property will be redeveloped in phases offering restaurant, retail and office space centered around walkability, gathering spaces and waterfront activation. Originally developed in 1978, the redevelopment will preserve elements of the property’s longstanding architectural character while modernizing the site to serve the needs of the Scottsdale community. The Lakefront at Scottsdale will feature signature restaurants with outdoor dining overlooking the lake, boutique and experiential retail concepts, luxury …
SJC Ventures Acquires Former Macy’s Property in Metro Baltimore, Plans Mixed-Use Redevelopment
Bel Air, Md. — SJC Ventures has acquired the former Macy’s store at the Harford Mall site in Bel Air, roughly 30 miles northeast of Baltimore, with plans for a redevelopment. The Atlanta-based development firm will begin clearing land and preparing infrastructure at the site in early July. Dubbed Derby Place, the mixed-use project will span 94,600 square feet and will include a 35,000-square-foot grocer, complemented by 48,000 square feet of luxury boutiques, restaurants, shops and amenities. Construction is scheduled to start this summer, while first tenant openings are projected for spring …
Plano, Texas — The Dallas Stars are planning to open a new hockey arena and mixed-use entertainment district at The Shops at Willow Bend in Plano. The team announced on June 2 that it had signed a nonbinding letter of intent (LOI), inclusive of design and construction plans for the arena and surrounding district, which could include sports-themed retail, restaurant and entertainment uses, as well as public gathering and event spaces. The announcement comes roughly 24 hours after the NBA’s Dallas Mavericks similarly unveiled plans to move on from American …
Portman to Bring 30,000-Square-Foot Food Hall to Savona Mill Redevelopment in Charlotte, North Carolina
Charlotte, N.C. — Portman has announced plans for Savona Food Works, a 30,000-square-foot food hall that will anchor the company’s Savona Mill adaptive reuse project in Charlotte’s West End district. Veteran food hall operator Robert Montwaid will lead the dining installation, which will offer 25 food stalls, a full-service restaurant and bar, coffee shop, flower market and rooftop bar. Montwaid’s previous ventures include leading Gansevoort Market in New York City’s Meatpacking District and Chattahoochee Food Works in Atlanta’s West Midtown neighborhood. Savona Food Works will be situated in the “Weave building,” …
Partnership to Recapitalize Gibson Mill Adaptive Reuse Development in Concord, North Carolina
Concord, N.C. — A partnership between Charlotte-based real estate investment firm White Point and the Liles family have announced plans to recapitalize Gibson Mill, a 653,000-square-foot adaptive reuse development located in Concord, a northeast suburb of Charlotte. White Point acquired a significant stake in the property, buying out former co-owners Joe Liles and Tom Cotter, who purchased the former Cannon Mills property in 2004. George Liles will remain part of the new ownership group, along with his four sons. Established in 1899, Gibson Mill sits on 33 acres and includes a …
Bridgeton Sells Retail, Office Component of Museum Parc in San Francisco for $19.3 Million
San Francisco — Bridgeton has sold the 36,000-square-foot retail and office component of Museum Parc, a mixed-use property located in San Francisco’s SoMa neighborhood. Built in 1989, Museum Parc features 234 luxury condominiums with ground-floor retail and office space. Tenants at the property, which was fully leased at the time of sale, include Crunch Fitness, El Dorado Latin Fusion, Aquabyte and TowerWAV. Eric Kathrein, Andrew Spangenberg and Allie Repaskey of JLL represented the seller in the transaction. DPI Retail was the buyer.
Mill Creek Residential Signs Leases with Seven New Tenants at Modera Higley Commons in Gilbert, Arizona
Gilbert, Ariz. — Mill Creek Residential has signed seven new leases totaling 16,650 square feet at Modera Higley Commons, a mixed-use apartment community located in Gilbert, a suburb of Phoenix. Tenants will include The Mick Brasserie, California Closets, Pvolve, Zara Nail Bar, Playa Bowls, Bodybar Pilates and GoodVets. Roughly 85 percent of the retail space is now occupied. Modera Higley Commons features 19,602 square feet of ground-floor retail space, along with 276 apartments.
CBRE Signs Leases with Five New Retail Tenants at Center Point Mixed-Use Development in Wilmington, North Carolina
Wilmington, N.C. — CBRE has signed leases with five new retail tenants at Center Point, a mixed-use project under development in Wilmington. Totaling more than 13,000 square feet, the new leases will include Nest Interiors and Blended Shoes + Apparel — which will be merged into a shared space — as well as Burton’s Grill & Bar, Thompson’s of Wilmington and Jeff’s Bagel Run. These tenants mark the first retail commitments within Phase I of Center Point, which will feature approximately 33,000 square feet of retail space. A joint venture between …