Mixed-use

Wilshire-Rodeo-Plaza-Bevelry-Hills-CA
CaliforniaInvestment salesMixed-useNews

Tinder Founder Justin Mateen Leads $211 Million Acquisition of Wilshire Rodeo Plaza Office/Retail Property in Beverly Hills

by Hayden Spiess

Beverly Hills, Calif. — Tinder founder Justin Mateen, his brother Tyler Mateen and their brother-in-law Pouya Abdi have acquired Wilshire Rodeo Plaza, a Class A office and retail complex located at the corner of Rodeo Drive and Wilshire Boulevard in the posh Los Angeles suburb of Beverly Hills. Nuveen sold the asset for $211 million. The 300,000-square-foot property includes three six-story office and retail buildings along Wilshire Boulevard and a three-story office building along Rodeo Drive.  The buyers plan to rebrand the property as One Rodeo, as well as upgrade and …

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United-Center-Redevelopment-Chicago
DevelopmentEntertainmentIllinoisMixed-useNews

Bulls, Blackhawks Owners Unveil Plans for $7 Billion Transformation of Chicago Athletic District

by Hayden Spiess

Chicago — The owners of the NBA’s Chicago Bulls and NHL’s Chicago Blackhawks have unveiled plans for the transformation of the area around their shared venue, the United Center. The initiative is known as The 1901 Project, and development costs are estimated at $7 billion. Michael Reinsdorf, CEO of the Bulls and son of owner Jerry Reinsdorf, formally announced the project on Tuesday, July 23. The elder Reinsdorf, along with Blackhawks owner Danny Wirtz, co-owns the United Center, where both teams have played since 1994. The name is a reference to …

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Town-Center-The-Downs_Scarborough-Maine
DevelopmentMaineMixed-useNews

Crossroads Holdings Underway on $300 Million Mixed-Use Project Near Portland, Maine

by Hayden Spiess

Scarborough, Maine — Developer Crossroads Holdings LLC is underway on the development of Town Center, a $300 mixed-use project located in Scarborough, roughly 10 miles southwest of Portland. Situated within The Downs — a larger, 577-acre redevelopment of a former horseracing complex — the project will include 320,000 square feet of retail space, 60,000 square feet of medical office space, 240 residential units and a boutique hotel, as well as various open green spaces. Construction began last fall. Wilder Cos. has partnered with Crossroads to manage marketing and leasing initiatives for the …

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Centennial-Yards-x-Cosm
DevelopmentEntertainmentGeorgiaLeasingMixed-useNews

Cosm to Open Entertainment Venue at $5 Billion Centennial Yards Development in Atlanta

by Hayden Spiess

Atlanta — Immersive technology, media and entertainment company Cosm has announced plans to open an entertainment venue at Centennial Yards, a $5 billion mixed-use development currently underway in downtown Atlanta.  Situated within the project’s Sports and Entertainment District, the venue will comprise 70,000 square feet across three levels. Architecture firm Gensler is designing the facility.  Dubbed Shared Reality, the venue will feature Cosm’s proprietary technology, including a 12K+ LED dome spanning 87 feet in diameter. Shared Reality will offer immersive live sports viewing through Cosm’s partnerships with entities including ESPN, the …

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Whole Foods Market will anchor Doral Marketplace in Doral, Florida.
DevelopmentFloridaGrocery-anchoredInvestment salesMixed-useNews

SJC Ventures, Nuveen to Develop 88,938-Square-Foot Mixed-Use Center in Metro Miami

by Hayden Spiess

Doral, Fla. — SJC Ventures and Nuveen Real Estate have acquired a 10-acre parcel in Doral, roughly 17 miles outside Miami, with plans to develop a mixed-use center at the site. Upon completion, the center will comprise 88,938 square feet. Whole Foods Market will anchor the property, which has been named Doral Marketplace. Other tenants at the center will include Shake Shack, First Watch, GoodVets, The Spot Barbershop, Encore Nails, VIO MedSpa and Apizza Brooklyn Resto + Vino. Doral Marketplace will be situated adjacent to Bridge Point Doral, an industrial park …

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Jackrabbit-Crossing_Belgrade-Mont
DevelopmentGrocery-anchoredMixed-useMontanaNews

Venture West Development Underway on 196-Acre Mixed-Use Project Near Bozeman, Montana

by Hayden Spiess

Belgrade, Mont. — Venture West Development is underway on Jackrabbit Crossing, a 196-acre mixed-use project in Belgrade, roughly 11 miles outside Bozeman. Rosauers Supermarkets, which recently signed a long-term lease, will anchor the property. Plans for the development, which is located three miles from the Bozeman Yellowstone International Airport, also include a proposed 53,000-square-foot Amazon distribution center. 

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Landmark-By-Hillwood-Denton-TX
DevelopmentMixed-useNewsTexas

Hillwood Plans 3,200-Acre Landmark by Hillwood Mixed-Use Development in Suburban Dallas

by Hayden Spiess

Denton, Texas — Hillwood, a Perot company, has unveiled plans for Landmark by Hillwood, a 3,200-acre mixed-use project in the northern Dallas suburb of Denton. The project team includes Hillwood subsidiaries Hillwood Communities and Hillwood Properties. The plans call for 900 acres of commercial space comprising 5 million square feet of retail, hospitality and entertainment space, approximately 6,000 single-family homes and more than 3,000 multifamily units. The site, which is situated at I-35W and Robson Ranch Road, was previously known as Hunter Ranch. The parcel is one of the original land …

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Valley-Grove_Pleasant-Grove-Utah
LeasingMixed-useNewsRestaurantsUtah

Three New Tenants Sign Leases at Valley Grove in Utah

by Hayden Spiess

Pleasant Grove, Utah — Three new restaurant tenants have signed leases at Valley Grove, a $1.2 billion mixed-use development in Pleasant Grove. Upon full build-out, the project will comprise more than 1.5 million square feet of retail, office and hospitality space. The Great Greek Mediterranean Grill, Rancherito’s and Wildside Bowls are now open at the property, occupying a total of 5,498 square feet. Cameron Simonsen of Colliers International represented Wildside Bowls in the lease negotiations. Jace Bankhead of Legend Partners represented The Great Greek Mediterranean Grill, and Christopher Wilson of CRC …

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Fresh-Market_West-Falls_Falls-Church
Grocery-anchoredLeasingMixed-useNewsVirginia

The Fresh Market to Open Two Grocery Stores Totaling 56,000 Square Feet in Metro DC 

by Hayden Spiess

Reston and Falls Church, Va. — The Fresh Market has announced plans to open stores as an anchor tenant within two mixed-use developments in metropolitan Washington, D.C. The grocer will occupy approximately 27,000 square feet of space at Reston Station, a mixed-use development in Reston by Comstock Cos.; and 29,000 square feet at West Falls, a 10-acre mixed-use development in Falls Church by Hoffman & Associates. Both new stores are expected to open within the next three years, with the West Falls store scheduled to open by mid-2026. The Fresh Market …

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570-Fifth-Avenue_IKEA_Manhattan_New-York
DevelopmentMixed-useNew YorkNews

Ingka Investments Acquires Stake in Fifth Avenue Mixed-Use Tower Development in Manhattan, Now to Feature IKEA Store

by Hayden Spiess

New York City — Ingka Investments, the investment arm of Ingka Group, which owns and operates a majority of IKEA stores globally, has purchased a one-third stake in the development of a 1 million-square-foot mixed-use tower underway in Manhattan. As part of the arrangement, IKEA will open a store across two base levels at the building, 570 Fifth Avenue, which will include a corner entrance along Fifth Avenue. Extell Development Co. is the master developer of 570 Fifth Avenue, which will feature Class A retail space and offices at the …

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