Savannah, Ga. — Madison Commercial, an affiliate of Madison Capital Group, has completed the sale of a Chick-fil-A outparcel at its mixed-use redevelopment of the former Sears and Sears Auto Center site at Oglethorpe Mall in Savannah. The transaction marks the final piece of the company’s retail component at the mixed-use development. Along with Chick-fil-A, Madison Commercial has leased and sold all three retail outparcels at the property, including Jim ‘N Nick’s Bar-B-Q and Valvoline Instant Oil Change. The outparcels are situated adjacent to Oglethorpe Mall and Madison Oaks, a …
Weymouth, Mass. — A joint venture between New York City-based Brookfield Properties and Boston-based New England Development has purchased the site of the former South Weymouth Naval Air Station in metro Boston. The co-developers acquired the 1,400-acre site from Washington Capital Management for $65 million. Brookfield and New England Development are planning a mixed-use redevelopment that would include 6,500 housing units, along with about 2 million square feet of commercial and retail space. The project will span more than 1,400 acres across three municipalities — Weymouth, Rockland and Abington, Massachusetts. …
Firestone, Colo. — The Staenberg Group (TSG) has announced that Target will open a new 128,000-square-foot store that will anchor Firestone City Centre, a 140-acre mixed-use development located in Firestone, roughly 30 miles north of Denver. The new store is scheduled to debut this month. Firestone City Centre features more than 600,000 square feet of retail and restaurant space that is home to a mix of national retailers and restaurants including The Home Depot, American Furniture Warehouse, Anytime Fitness, Chick-fil-A, Panda Express, Firestone Auto and Chuck & Don’s, among others. …
Tampa, Fla. — Three new tenants have signed leases at Midtown Tampa, a 1.8 million-square-foot mixed-use district located in Tampa. Pura Vida Miami, CorePower Yoga and The Shade Store will contribute to the nearly 186,000 square feet of retail space, which is 90 percent built out, according to the Tampa Bay Business Journal. The size of the spaces range from 2,000 square feet to 4,000 square feet. The new tenants are expected to open later this year or early next year. Additional tenants at Midtown Tampa include Whole Foods Market, …
Knoxville, Tenn. — A public-private partnership between the University of Tennessee and a newly formed development platform comprising Arctos, RVX Ventures and Magellan Development Group will soon begin the development of Neyland Entertainment District, a $280 million mixed-use village surrounding Neyland Stadium, the home football arena of the University of Tennessee. The waterfront development in Knoxville will feature approximately 100,000 square feet of entertainment space alongside a 24-story hotel and residences with rooftop space and a private members club. Arctos is the majority equity investor in the project and is …
Seguin, Texas — Houston-based developer NewQuest has begun work on Seguin Exchange, a 544-acre mixed-use development that will be located on the northeastern outskirts of San Antonio. NewQuest first acquired the land in 2007 and is now underway on infrastructural work. Plans for Seguin Exchange currently call for approximately 2 million square feet of industrial space and 750,000 square feet of retail, restaurant and entertainment space that will be housed within a single shopping center. Seguin Exchange is also planned to feature medical, multifamily and hospitality uses. Within the development’s …
Port St. Lucie, Fla. — GL Homes has signed leases with three new restaurant tenants at Riverland Town Center, the centerpiece of the 4,000-acre master-planned community of Riverland in Port St. Lucie. Ristorante Chef Luca Corleone will open mid-summer, while Pepe’s Cantina is targeting a late fall or early winter debut. Max & Louie’s New York Diner is scheduled to open during a future phase of the project, which will be the brand’s first Florida location. Additional tenants secured at the property include Chase Bank, Bank of America, Club Pilates and …
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 …
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 …
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 development. 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 …
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