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Mixed-use

Centro-City_Miami
DevelopmentFinanceFloridaMixed-useNews

Terra Receives $291 Million Financing Package for Centro City Mixed-Use Development in Miami

by Hayden Spiess

Miami — Development firm Terra has received a total of $291 million in permanent financing for the recently completed first phase of Centro City, a 38-acre mixed-use development located just west of Miami’s Little Havana neighborhood. Phase I comprises 350,000 square feet of retail space, as well as three eight-story multifamily buildings that house 470 market-rate apartment units. JVP Management issued a $187 million loan for the development’s multifamily component, with Hudson Bay Capital issuing a $104 million loan for the retail portion. The funds will be used to pay off …

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The-Row-park-credit-to-BOGZA
DevelopmentMixed-useNewsTexas

Presidium to Break Ground on Next Phase of 314-Acre Mixed-Use Project in Austin, Texas

by Hayden Spiess

Austin, Texas — Presidium will break ground on the next phase of The Row, a 314-acre mixed-use project in Austin. Featuring a 6,250-square-foot freestanding restaurant site and 22,000 square feet of additional retail space, this phase will be developed in partnership with PentaGrowth Capital and a subsidiary of Biolink Capital. The project team will include architect Chioco Design, landscape architect Blacksmith Collaborative and civil engineer KFM Engineering & Design, as well as LandDesign, Leap!, Bay MEP, HWA Parking and O’Brien Architects. Asterisk Design will oversee renaming and rebranding for the development, …

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Nora-District_West-Palm-Beach-Fla
DevelopmentFloridaLeasingMixed-useNews

Three New Tenants Sign Leases at Nora District in West Palm Beach, Florida

by Hayden Spiess

West Palm Beach, Fla. — Three new tenants have signed leases at The Nora District, a mixed-use project currently underway in West Palm Beach. IGK Salon, Indaco and ZenHippo will occupy 2,347; 2,945; and 1,369 square feet at the property, respectively. The first phase of Nora District — which is being developed by a partnership between NDT Development, Place Projects and Wheelock Street Capital — is scheduled for completion in early 2025. Upon completion, Phase 1 will feature 150,000 square feet of retail, office and hospitality space. Other retail tenants at …

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Panda-Express_North-Brunswick-N.J
LeasingMixed-useNew JerseyNewsRestaurants

Panda Express Opens 2,525-Square-Foot Restaurant at MainStreet NB in Metro New York City

by Hayden Spiess

North Brunswick, N.J. — Panda Express has opened a new, 2,525-square-foot restaurant at MainStreet NB, mixed-use development located in North Brunswick, approximately 40 miles southwest of New York City. Garden Commercial is the landlord. David Dunkelman of Soloff Realty represented Panda Express in the lease negotiations, and Michael Gartenberg represented Garden Commercial on an in-house basis. Other tenants at MainStreet NB, which Garden Commercial broke ground on in 2010, include Chipotle Mexican Grill, Shake Shack, Panera Bread and The Green Turtle Sports Bar and Grill. Cava also recently signed a lease …

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The-Commons-Aliso-Viejo-CA
CaliforniaDevelopmentMixed-useNews

ValueRock Realty Opens 21-Acre Mixed-Use Project in Aliso Viejo, California

by Hayden Spiess

Aliso Viejo, Calif. — ValueRock Realty has completed the first phase of The Commons — a 21-acre mixed-use development in Aliso Viejo — with the grand opening held on Dec. 14. The project is a redevelopment of a 200,000-square-foot vacant former Lowe’s property.  In addition to 200,000 square feet of retail space, The Commons will include a proposed 343-unit residential community. Retail tenants at the project include Tesla, 99 Ranch Market, Daiso and Philz Coffee, all of which are scheduled to open by the end of the year. Additional tenants, including Bowlero …

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ColoradoDevelopmentMixed-useNews

Prism, McWhinney to Develop Two Mixed-Use Projects in Metro Denver

by Hayden Spiess

Broomfield and Loveland, Colo. — Prism Places and McWhinney have announced plans to partner on the development of two mixed-use projects in metro Denver. Both projects will be situated within master-planned communities currently underway by McWhinney.  The first property, Center Street, will be located within the 1,100-acre Baseline community in Broomfield, roughly 20 miles northwest of Denver. Upon completion, the project will total 312,000 square feet, including 231,500 square feet of retail, restaurant and grocery space. Michael Hsu Office of Architecture will design Center Street, which will also feature office space …

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Medley_Johns-Creek-Ga
DevelopmentGeorgiaLeasingMixed-useNews

Six New Tenants Sign Leases at 43-Acre Medley Mixed-Use Project in Metro Atlanta

by Hayden Spiess

Johns Creek, Ga. — Six new tenants have signed leases at Medley, a 43-acre mixed-use property currently underway in the Atlanta suburb of Johns Creek. Toro Development Company is the developer and plans to break ground on the project in January. Upon completion, Medley will comprise 150,000 square feet of retail, restaurant and entertainment space; a 175-room boutique hotel; 110,000 square feet of office space; 750 multifamily residences and 133 townhomes; and a 25,000-square-foot plaza. The new tenants include Sephora, Rena’s Italian Fishery & Grill, High Country Outfitters, BODYROK, Petfolk and …

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Irvine-Ranch-Market-Costa-Mesa-CA
CaliforniaDevelopmentLeasingMixed-useNews

Space Investment Partners Completes $11 Million Renovation of Mixed-Use Property in Costa Mesa, California

by Katie Sloan

Costa Mesa, Calif. — Space Investment Partners has completed an $11 million renovation of The Ranch at Newport Bay, a 60,000-square-foot mixed-use property located at 2651-2675 Irvine Ave. in the Orange County community of Costa Mesa. Restaurant and bar concept Verde opened within a 5,000-square-foot space in November, bringing the property to full occupancy. Additional tenants include Nike Training Studio, XPT Studio, Del Mar Wellness, Coffee Dose and Tiny Tooth Pediatric Dentistry. Anchor tenant Irvine Ranch Market occupies 17,500 square feet at the center. Details on the renovation were not disclosed.

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Lakeshore-Mall-Redevelopment_Gainesville-Ga
DevelopmentGeorgiaMallsMixed-useNews

Branch Properties Plans Mixed-Use Redevelopment of 492,798-Square-Foot Lakeshore Mall in Gainesville, Georgia

by Hayden Spiess

Gainesville, Ga. — Branch Properties has announced plans for the redevelopment of Lakeshore Mall, a 492,798-square-foot retail property located in Gainesville, roughly 55 miles northeast of Atlanta.  Plans for the mixed-use redevelopment include 305,444 square feet of retail space, as well as 652 multifamily units and 38,200 square feet of outdoor community greenspace. The property will also have the capacity for the future development of a hotel and townhomes.  Current Lakeshore Mall anchors Dick’s Sporting Goods and Belk will remain open throughout the project, with the former relocating to a new …

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Village-at-Gateway_Forney-Texas
DevelopmentMixed-useNewsTexas

StreetLevel Breaks Ground on 120-Acre Mixed-Use Development in Texas

by Hayden Spiess

Forney, Texas — StreetLevel Investments has broken ground on Village at Gateway, a 120-acre mixed-use development in Forney. Designed by GFF and constructed by general contractor Ridgemont Commercial Construction, the project will be situated within the 2,000-acre Gateway master planned development. The first phase will comprise 500,000 square feet of retail space. A 144,000-square-foot Target will anchor the property, and other tenants will include The Home Depot and H-E-B. The development will also feature nine outparcels, as well as sites for future multifamily residential space. Completion of the first phase is …

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