Chesterfield, Mo. — The Staenberg Group (TSG) has begun utility work and site grading for Downtown Chesterfield, the redevelopment of the former Chesterfield Mall site into a mixed-use destination in suburban St. Louis. This phase of work includes utility installation and relocation needed to support future development as well as site grading focused on the new road network and the 3.3-acre park that will serve as the centerpiece of Downtown Chesterfield. These early infrastructure improvements help transition the project site from demolition to active development. Plans call for a mix of …
Miami — Allen Morris Co. has obtained a $138.5 million construction loan for Ziggurat, a mixed-use development located in Miami’s Coconut Grove neighborhood. Faisal Ashraf of Lotus Capital Partners arranged the loan through BDT & MSD Partners and BHI, the U.S. bank of Israel-based Bank Hapoalim. Further details of the financing were not released. Designed by Oppenheim Architecture, Ziggurat will comprise two buildings featuring natural stone exteriors with gardens wrapping every level. The project will be situated on a 1.7-acre site at the intersection of Grand Avenue, Matilda Street and Florida …
Parsippany, N.J. — Stanbery Development Group, Claremont Development and PCCP LLC have signed seven new leases at District 15Fifteen, a mixed-use project under development in the Northern New Jersey community of Parsipanny. Newly confirmed retailers and restaurants include The Yard Gym, Discover Strength, Yoga Six, Jetset Pilates, O’Bagel, Pure Green and Home Town Creamery. The tenants will occupy a combined 12,849 square feet, with more than 65 percent of the retail space at District 15Fifteen now leased. Tenants are projected to open in the spring and summer of 2026. Ryan …
Overland Park, Kan. — PB Development has broken ground on Phase II of Bluhawk, a mixed-use development located in the Kansas City suburb of Overland Park. The second phase of the project will include 160,000 square feet of retail, entertainment and dining space situated directly north of the property’s 420,000-square-foot AdventHealth Sports Park. Phase II of the development will also include gathering spaces to host concerts, farmers markets, community activities and watch parties, and will feature additional landscaping, water features, artwork and intricate architectural details. New tenant announcements are expected in …
Sarasota, Fla. — Torburn Partners has signed two new anchor leases to kick off plans for its Sarasota Square project, a redevelopment of the former Sarasota Square Mall. The Chicago-based developer signed leases with Whole Foods Market and Homesense to anchor the first phase of the 96-acre mixed-use project. The retail portion is under construction, and the multifamily component will break ground in first-quarter 2026. Full plans for Sarasota Square include 1,200 luxury residential units; 530,000 square feet of retail, restaurant, and commercial space; and open-air gathering space for social …
Frisco, Texas — The Karahan Cos. has signed leases with 10 new tenants at Fields West, a 55-acre mixed-use development located within the 2,500-acre master-planned community of The Fields in Frisco. Retailers include Crate & Barrel, Culinary Dropout, Design Within Reach, Face Foundrie, Gorjana, Landry Kate, North Italia, Maman, TravisMathew and U MedSpa. Additional retailers such as Bloomies, Alo Yoga, Arhaus, Kendra Scott, Pottery Barn, Sephora and Williams Sonoma were previously confirmed at the property, which is now currently 70 percent preleased. Fields West secured a $425 million construction loan and …
Sandy Springs, Ga. — Westwood Financial has acquired Glenridge Springs, a mixed-use development located in the Atlanta suburb of Sandy Springs. The acquisition features 20,000 square feet of ground-floor retail, 168 luxury apartment units and 80,000 square feet of on-site office space. Tenants at the property, which was 91 percent occupied at the time of sale, include QDOBA, Firehouse Subs, Blue Moon Pizza, Sushi Nami, Taziki’s Mediterranean, DaVinci’s Donuts, Venus Nail Lounge and Beauty Enhanced. Westwood Financial owns several centers in the metro Atlanta area, including Glenwood Park, Decatur Crossing …
Terrell, Texas — Main Square Development has announced that the company has received approval from the Terrell City Council for the development of Terra Nova, a new $3 billion master-planned community. Situated roughly 30 miles east of Dallas, the development will feature 1,200 multifamily units and a 48-acre mixed-use district, as well as 3,600 single-family homes. The mixed-use component of the development will include 200,000 square feet of shops, restaurants and offices anchored by a main square. Terra Nova will also feature 145 acres of parks and trails, including 27 …
Nashville, Tenn. — Simon Property Group plans to develop Sagefield, a 100-acre mixed-use destination that will be located on the south side of Nashville. The construction timeline for the project was not released. Situated in the hills of Williamson County, the planned project will feature lifestyle shops, restaurants and service retail spaces, as well as a landmark hotel by Author & Edit Hospitality, a hotel brand helmed by restaurateur and hotelier Sam Fox of Fox Restaurant Concepts. “This exciting new development will set a new standard for quiet luxury in …
Western Real Estate Advisors to Provide Leasing for Westgate Entertainment District in Metro Phoenix
Glendale, Ariz. — Western Real Estate Advisors has been selected to provide leasing for the retail portion of Westgate Entertainment District, a 623,734-square-foot super-regional mixed-use project under development in Glendale, roughly nine miles northwest of downtown Phoenix. Charles Skaggs, Noah Anastassatos and Haley Perez of Western Retail Advisors will lead leasing efforts at the property, which is owned and operated by YAM Properties LLC. The retail portion of the Westgate Entertainment District, which is 98 percent leased, features 388,885 square feet of shops, eateries and entertainment venues across 15 buildings. Tenants …
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