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Mixed-use

ocVIBE-Anaheim-CA
CaliforniaDevelopmentMixed-useNews

Anaheim City Council Approves $4 Billion ocV!BE Mixed-Use Entertainment District Surrounding Honda Center

by Hayden Spiess

Anaheim, Calif. — The Anaheim City Council has approved plans for the $4 billion ocV!BE mixed-use entertainment district to surround the Honda Center, home of the NHL’s Anaheim Ducks. With this approval, construction of the project is scheduled to begin before the end of the year. Plans for the 95-acre development call for a 5,700-seat concert hall, 50,000-square-foot market hall, 20 acres of public space, two hotels totaling 650 rooms, approximately 1.1 million square feet of office space and 1,500 apartments with a 15 percent affordable housing component. The site …

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Thurber-Village_Luckys-Market
DevelopmentLeasingMixed-useNewsOhio

Lucky’s Market to Anchor Thurber Village Redevelopment Project in Columbus, Ohio

by Katie Sloan

Columbus, Ohio — Lucky’s Market will join the tenant lineup at Thurber Village, a shopping center in Columbus undergoing redevelopment to include both retail and residential space. Lucky’s, a family-owned independent grocery store, will offer a mix of natural foods, fruits and vegetables. CASTO has owned Thurber Village since 2005. Redevelopment plans call for a 13,000-square-foot CVS/pharmacy store, a 21,000-square-foot Lucky’s store and 225 apartment units. The new CVS store will replace an existing CVS location. Construction is expected to begin this fall.

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ROECO
DevelopmentMichiganMixed-useNews

Gillespie Group to Redevelop Former Sears Property in Lansing, Michigan

by Katie Sloan

Lansing, Mich. — Gillespie Group has unveiled plans to redevelop a former Sears Roebuck location at 3131 E. Michigan Ave. in Lansing. The property is being marketed as ROECO, a retail and entertainment destination. Specific redevelopment plans have yet to be finalized. The name ROECO is a nod to Sears Roebuck, which occupied the property for 66 years. Most recently, Sparrow Health System utilized the site for COVID testing. Gillespie Group is working with CBRE to secure retailers, restaurants and entertainment concepts for the redevelopment project. The timeline and final product mix …

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Interlock_Phase2_Atlanta-1
DevelopmentGeorgiaMixed-useNews

SJC Ventures Signs New Tenants to Join Phase II of Interlock Project in Atlanta

by Katie Sloan

Atlanta — SJC Ventures has signed several new tenants to join Phase II of The Interlock, a $750 million mixed-use development underway in Atlanta’s West Midtown district. New concepts joining include Starbucks Coffee, Kura Revolving Sushi Bar, Salon Lofts and Five Guys. SJC Ventures expects to announce a new round of tenants in the near future. In addition to the newly announced restaurants and salon, the second phase of The Interlock will be anchored by a 42,000-square-foot Publix grocery store, 670 student housing units for Georgia Tech students, 275,000 square feet …

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8850-Sunset
CaliforniaDevelopmentFinanceMixed-useNews

Silver Creek Receives Funding for Mixed-Use Redevelopment of 8850 Sunset Boulevard in West Hollywood

by Katie Sloan

West Hollywood, Calif. — Silver Creek Development has received funding for the redevelopment of 8850 Sunset Boulevard, which is located on the Sunset Strip in West Hollywood. Cottonwood Group provided a $62 million loan for the project. Currently a retail strip center and home to the legendary Viper Room music venue, the property is going through re-entitlement and will be transformed into a mixed-use project. Plans call for a redesigned music venue and recording studio, multiple eateries, retail spaces, a five-star hotel, 26 condominiums and eight income-restricted housing units. Completion is …

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Bowery-Park
Investment salesMixed-useNewsTexas

JLL Brokers Sale of 65,477-Square-Foot Mixed-Use Property in Suburban Dallas

by Katie Sloan

Highland Village, Texas — JLL Capital Markets has brokered the sale of Bowery Park, a 65,477-square-foot mixed-use property located in the Dallas suburb of Highland Village. Developed in 2018, the center was home to retail and office tenants including Massage Life Center, Baskin Robbins, Sip Stir Coffee House, Good Morning Donuts, Platinum Dermatology, Providence Title, Rhi and Co., Awesome Times, Preferred Pediatrics, CryoNation, Be Legend Gaming and Liquor Land at the time of sale. Adam Howells, Ryan Shore and Matthew Barge of JLL represented the seller, Boulder Peak Capital LLC, in …

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Investment salesMixed-useNewsTexas

Venture Investment Partners Buys 83,256-Square-Foot Office, Retail Property Outside Dallas

by Katie Sloan

Richardson, Texas — Venture Investment Partners has purchased The Shire at CityLine, an 83,256-square-foot office and retail property located in the northeastern Dallas suburb of Richardson. The property was built on 6.2 acres between 2005 and 2006 and was 85 percent leased at the time of sale. Tenants include Sweeney Eye Associates, Dogtopia, Shire Pediatrics, North Texas Dermatology, Anaya’s Seafood, Republic Title, Modern Dental, Ameriprise, Re/Max and Gillespie’s Tavern. Adam Howells, Barry Brown, Jack Copher and Beth Copeland of JLL represented the seller, Standridge Cos., in the transaction.

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Suffolk-Downs
DevelopmentMassachusettsMixed-useNews

Partnership Breaks Ground on 16.2 Million-Square-Foot Mixed-Use Redevelopment of Suffolk Downs Racetrack Near Boston

by Katie Sloan

Revere, Mass. — The HYM Investment Group, Cathexis and National Real Estate Advisors have broken ground on the redevelopment of the former racetrack site at Suffolk Downs in Revere, about five miles north of Boston. The project will ultimately span 16.2 million square feet of development, including 10,000 apartments and condominiums; 5.2 million square feet of life sciences and office space; 450,000 square feet of retail and civic space; and 40 acres of parks and open space. The Suffolk Downs thoroughbred racetrack opened in 1935 and was shuttered in 2019. HYM …

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Willis-Tower-Repositioning
DevelopmentIllinoisMixed-useNews

EQ Office Completes $500 Million Renovation of Willis Tower in Chicago

by Katie Sloan

Chicago — EQ Office, the U.S. office portfolio company wholly owned by Blackstone, has completed its more than $500 million renovation of Chicago’s Willis Tower. The 110-story tower is now certified LEED Platinum and is the largest building in the U.S. to achieve that designation, according to EQ Office. Part of the transformation is Catalog, a 300,000-square-foot retail, dining and entertainment destination at the base of the tower. The name Catalog is a nod to the Sears Roebuck Co. and its printed catalog. Designed by Gensler, Catalog features restaurants such as …

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Alsatian-Oaks
DevelopmentMixed-useNewsTexas

Merit Commercial Real Estate Breaks Ground on $500 Million Alsatian Oaks Master-Planned Community Near San Antonio

by Katie Sloan

Castroville, Texas — Merit Commercial Real Estate has broken ground on Alsatian Oaks, a 435-acre, master-planned community in Castroville, a town adjacent to San Antonio. The project represents an investment of more than $500 million. When complete, Alsatian Oaks will include 950 homes, an amenity center, parks, bike trails and more than 400,000 square feet of restaurants, retail and medical office space. The first phase of development will consist of 233 homes as well as utility systems and a parkway connecting to Highway 90. A construction timeline was not provided. …

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