Mixed-use

RiverGate-Mall_Goodlettsville
DevelopmentMixed-useNewsTennessee

Merus Acquires RiverGate Mall in Metro Nashville, Plans $450 Million Mixed-Use Redevelopment

by Abby Cox

Goodlettsville, Tenn. — Merus, a design-build firm that was formerly known as Al. Neyer, has purchased RiverGate Mall, an enclosed shopping mall located at 1000 Rivergate Parkway in Goodlettsville that opened in 1971. The Cincinnati-based firm is planning to transform the 57-acre site on the northern outskirts of Nashville into a $450 million mixed-use district. Merus plans to demolish the mall this spring. In its place, the firm will develop 700 multifamily units, 100 townhomes, 80 independent seniors housing units, more than 130,000 square feet of retail and dining space and …

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stir-medley
DevelopmentGeorgiaLeasingMixed-useNews

Toro Development Signs Leases with Five New Tenants at Medley in Metro Atlanta

by Abby Cox

Johns Creek, Ga. — Toro Development Co. (TDC) has signed leases with five new tenants at Medley, a 43-acre mixed-use development under construction in the north Atlanta suburb of Johns Creek. Trader Joe’s, Shake Shack, Kontour Medical Spa, Moop’s Boutique and Northern China Eatery are expected to open on Oct. 29, along with the debut of Medley’s official launch. The latest concepts join a mix of additional retailers and restaurants, including Sephora, STIR, Tonic House, Rena’s Italian Fishery & Grill, High Country Outfitters, BODYROK, Playa Bowls, Petfolk, CRÚ Food & …

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Central-Aventura
DevelopmentFinanceFloridaMixed-useNews

Ocean Bank Provides $70 Million Construction Loan for Mixed-Use Building in Aventura, Florida

by Abby Cox

Aventura, Fla. — Ocean Bank has provided a $70 million construction loan for Central Aventura, a nine-story mixed-use building located at the corner of Biscayne Boulevard and 209th Street in the Miami suburb of Aventura. Jesus Garcia of Ocean Bank originated the loan on behalf of the borrower, an entity doing business as Central Aventura LLC that is led by Jacobo Cababie Dichi. Central Aventura will comprise 75,270 square feet of retail space on the first three levels, four levels of parking and 63,883 square feet of offices on the …

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atlantic-village
FloridaLeasingMixed-useNews

Grupo Eco Signs Retail, Restaurant Leases with Five New Tenants at Atlantic Village in Metro Miami

by Abby Cox

Hallandale Beach, Fla. — Grupo Eco has signed leases with five new tenants at Atlantic Village, a 308,830-square-foot, multi-phase mixed-use development located in Hallandale Beach, approximately 15 miles north of Miami. Italian restaurant concept Murano by Ferraro and The Wagyu House by Meat N’ Bone have already opened at the center, while açai brand OakBerry will debut this month. Meanwhile, indoor golf facility Tee Box will open in March and The Lab Vitality Club will open this summer. Developed by Mexico City-based Grupo Eco and launched in 2017, Atlantic Village was …

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Copley-Place-SW-Corridor
DevelopmentMassachusettsMixed-useNews

Neiman Marcus Closes at Copley Place in Boston, Simon Plans Redevelopment

by Abby Cox

Boston — Simon Property Group is planning to redevelop the former multilevel Neiman Marcus store at Copley Place, a 1.2 million-square-foot mixed-use development in the Back Bay neighborhood of Boston. While an exact closing date for the retailer hasn’t been announced, Simon will begin exterior remodeling this year and will have phased openings in the space through 2028. Simon expects to add multiple dining concepts and luxury stores on site, including Miami-based Casa Tua Cucina and Greek seafood restaurant Estiatorio Milos, as well as a first-to-market Dolce & Gabbana store and …

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Bolsa-Pacific-Westminster-CA
CaliforniaDevelopmentMixed-useNews

Shopoff Realty Investments Acquires Remaining Balance of Westminster Mall in California for Mixed-Use Redevelopment Project

by Abby Cox

Westminster, Calif. — Shopoff Realty Investments has acquired the remainder of the Westminster Mall, totaling an additional 57.5 acres, ahead of its planned mixed-use redevelopment, Bolsa Pacific at Westminster. Washington Pacific Group was the seller. Lee Aarons of Land Advisors represented the buyer in the deal. Shopoff previously purchased the mall’s 14.1-acre former Sears parcel in July 2022 and the 11.7-acre Macy’s parcel in August 2022. The 83.3-acre project site currently houses the Westminster Mall and surrounding retail. The planned Bolsa Pacific at Westminster development will deliver approximately 2,250 housing units, …

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Company newsLeasingMixed-useNew YorkNews

Newmark to Provide Leasing for Penn District in New York City

by Abby Cox

New York City — Newmark Group has been selected to provide leasing for the retail component of the Penn District, a $2.5 billion mixed-use redevelopment in Midtown Manhattan. Mark Masinter, Karen Bellantoni, Jackie Totolo, Pierce Thompson and Nick Masinter of Newmark will lead leasing efforts at the property, which is owned and operated by Vornado Realty Trust. Penn District is now home to 5 million square feet of office space, 300,000 square feet of public plaza space and 1.1 million square feet of retail. Vornado also plans to create a cohesive street-level experience along both …

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first-street-napa
CaliforniaFinanceMixed-useNews

CBRE Arranges $57.6 Million in Refinancing for First Street Napa Mixed-Use Property in California

by Abby Cox

Napa, Calif. — CBRE has arranged $57.6 million in refinancing for First Street Napa, a Class A mixed-use property in downtown Napa. Brad Zampa and Andy Gross of CBRE secured the loan through Knighthead Funding on behalf of the borrower, Zapolski Real Estate. Located at 1300 First St., the property features 163,000 square feet of retail, dining, tasting rooms and office space across six buildings. First Street Napa is currently 88 percent leased to a variety of tenants, including Lululemon, Compass, Free People and Silicon Valley Bank, with new retail additions …

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tivoli-village
LeasingMixed-useNevadaNews

Vestar Signs Leases With Three New Tenants at Tivoli Village at Queensridge in Las Vegas

by Abby Cox

Las Vegas — Vestar has signed three new leases at Tivoli Village at Queensridge, a 1 million-square-foot mixed-use development located in the Queensridge neighborhood of Las Vegas. Design Within Reach and Saatva have already opened at the property, while Eichholtz is scheduled to open in spring 2026. The expansion brings roughly 20,000 square feet of luxury furniture and décor brands to the development. Tivoli Village’s longstanding furniture tenants include Restoration Hardware, The Shade Store, Hub Modern, Basner Fine Art, 7th Avenue, Bauteam Kitchen Tailors and Desert Valley Gallery.

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The-Bend_Chattanooga
DevelopmentFinanceMixed-useNewsTennessee

Hilco Provides $47.5M Construction Loan for Mixed-Use Development in Chattanooga, Tennessee

by Abby Cox

Chattanooga, Tenn. — Hilco Global Real Estate Capital has provided a $47.5 million loan to Urban Story Ventures to support the recapitalization and continued development of The Bend, a 100-acre mixed-use development underway in Chattanooga. Plans for the project, which will feature more than 3,000 linear feet of frontage along a bend of the Tennessee River, include approximately 1,700 residential units; 1.1 million square feet of office space; 1.2 million square feet of dining, shops and service retailers; 600 hotel rooms; entertainment and cultural venues; and a 300-slip marina. The …

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