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Mixed-use

Lakeside
DevelopmentMichiganMixed-useNews

Lionheart Capital Plans $1 Billion Lakeside Mall Redevelopment in Sterling Heights, Michigan

by Hayden Spiess

Sterling Heights, Mich. — Lionheart Capital has unveiled plans for the $1 billion mixed-use redevelopment of Lakeside Mall in the Detroit suburb of Sterling Heights. The redevelopment process will begin with the demolition of the enclosed regional mall following its closure on July 1. The new development will be anchored by a mixed-use town center and central park featuring shops, offices, coffee houses, restaurants, an area for community gatherings and events, and a two-story community center with recreational amenities including swimming pools, fitness facilities and libraries.  The project is also set …

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LeasingMixed-useNewsTexas

Four New Retail Tenants Sign Leases at CITYCENTRE in Houston

by Hayden Spiess

Houston — Four new tenants have signed leases at CITYCENTRE, a 47-acre mixed-use property located in Houston. Star Cinema Grill opened at the center last month, in a space formerly occupied by Studio Movie Grill. Additionally, American Threads, Rowan and Southern Tides have signed leases at the property. The concepts will open stores totaling 1,800; 1,000; and 1,500 square feet, respectively. Each of the openings is scheduled for this summer. TriGate Capital is the landlord of the property, which was developed by Midway and is managed by Parkway. 

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Water-Street-Tampa
DevelopmentEntertainmentFloridaMixed-useNews

Strategic Property Partners Unveils Next Phase of $3 Billion Water Street Tampa Development

by Hayden Spiess

Tampa, Fla. — Strategic Property Partners LLC has unveiled the next phase of Water Street Tampa, the company’s $3 billion mixed-use neighborhood underway in downtown Tampa. The next phase will comprise three separate buildings with residential, office and hospitality/entertainment space.   The third building will feature a select-service hotel, parking garage and entertainment uses, including food-and-beverage options and a live music venue. The office complex will also feature ground-floor retail space.  The road and utility infrastructure work for these additions is currently underway and expected to be complete in spring 2025. Last …

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Newton-Springs-Development-Site_Lexington-Ky
DevelopmentGrocery-anchoredKentuckyMixed-useNews

RD Property Group to Develop 122,000-Square-Foot Kroger Marketplace at Newton Springs in Lexington, Kentucky

by Hayden Spiess

Lexington, Ky. — RD Property Group is underway on the development of a 34-acre mixed-use development located in Lexington. The City of Lexington recently certified plans for the construction of a 122,000-square-foot Kroger Marketplace at the project, dubbed Newton Springs. Plans for the store include a drive-thru pharmacy, adjoining wine and spirits shop and 476 parking spaces. Other tenants at the property — which features two four-story buildings, a restaurant space and three additional buildings — include Estepp’s Shell, Jimmy Johns, Hot Head Burritos, The UPS Store, Tire Discounters and Starbucks Coffee.

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KCCurrentDistrict
DevelopmentMissouriMixed-useNews

Kansas City Current Plans $800 Million Riverfront Mixed-Use Development

by Hayden Spiess

Kansas City, Mo. — The Kansas City Current, a professional women’s soccer team famously part-owned by Brittany Mahomes, has unveiled plans for an $800 million mixed-use project on the Missouri riverfront in downtown Kansas City. The development follows completion of CPKC Stadium, a women’s soccer stadium that seats 11,500 people, in March. According to the project team, the $120 million venue is the first soccer stadium to be designed and built exclusively for women. Partners for the mixed-use project include Palmer Square Capital Management, Marquee Development and the Port Authority of …

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325-331-Marine-Ave-Newport-Beach-CA
CaliforniaInvestment salesMixed-useNews

Faris Lee, SSG Realty Corp. Arrange $4.4 Million Sale of Mixed-Use Property in Newport Beach, California

by Hayden Spiess

Newport Beach, Calif. — Faris Lee Investments and SSG Realty Corp. have arranged the $4.4 million sale of a mixed-use property located on Newport Beach’s Balboa Island. Jeff Conover, Shaun Riley, Scott DeYoung and Greg Lukosky of Faris Lee Investments, with Greg Swedelson and Jon-Eric Greene of SSG Realty Corp., represented the undisclosed buyer and seller in the transaction. Situated on two separate parcels, the property features storefront retail with two second-floor residential units. Two street-level retail shops and two residential tenants currently occupy the property. 

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Live-Casino-Hotel-Virginia
DevelopmentMixed-useNewsVirginia

Bruce Smith Enterprise, Cordish Cos. Propose $1.4 Billion Mixed-Use Casino Development in Petersburg, Virginia

by Hayden Spiess

Petersburg, Va. — Bruce Smith Enterprise and The Cordish Cos. have responded to a request for proposal issued by the City of Petersburg with plans to co-develop a $1.4 billion mixed-use project. Plans call for a gaming and entertainment district anchored by a Live!-branded casino and hotel. The project site is located at the intersection of Wagner Road and I-95 in Petersburg, about 24 miles south of Richmond. The partners intend to quickly open an initial Phase I casino within a year to begin creating jobs, vendor opportunities and economic benefits …

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Wegmans
DevelopmentGrocery-anchoredLeasingMixed-useNewsNorth Carolina

Wegmans to Open 110,000-Square-Foot Grocery Store at Ballantyne Campus in Charlotte, North Carolina

by Hayden Spiess

Charlotte, N.C. — Wegmans Food Markets Inc., a Rochester, New York-based grocer, plans to open a 110,000-square-foot store in Charlotte. Located along North Community House Road, the grocery store will be situated within Ballantyne, Northwood Investors’ 2,000-acre master-planned development on the south side of Charlotte adjacent to the South Carolina border. Wegmans aims to open the new store by the third quarter of 2026. The store will feature all traditional Wegmans departments, including produce, seafood, meat, bakery, deli, cheese and wine and beer. Additional offerings will include Meals2Go and catering, online …

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South-Lake-Marketplace_Bowie-Md
DevelopmentGrocery-anchoredMarylandMixed-useNews

NAI Michael Cos. to Develop 600,000-Square-Foot Mixed-Use Project in Bowie, Maryland

by Hayden Spiess

Bowie, Md. — NAI Michael Cos. will develop South Lake Marketplace, a 600,000-square-foot mixed-use project within the $1.3 billion South Lake development underway in Bowie. Karington LLC, an affiliate of NAI Michael Cos., owns South Lake, which also features residential units being developed by Chesapeake Realty Partners. A grocer will anchor the Marketplace property, which will also feature other retail, restaurant, sports entertainment and hospitality concepts. The development will be situated adjacent to Liberty Sports Park, which features 10 professional sports fields and attracts 344,000 tournament attendees annually, according to NAI …

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DevelopmentFloridaGrocery-anchoredLeasingMixed-useNews

Publix Opens 48,000-Square-Foot Store in Sarasota, Florida

by Hayden Spiess

Sarasota, Fla. — Publix Super Markets has opened a 48,000-square-foot grocery store at Fruitville Farms, a mixed-use development currently underway in Sarasota. Benderson Development is the master developer of the public-private partnership, which will feature 150,000 square feet of retail and restaurants, in addition to 600 apartments and a new 120,000-square-foot Sarasota County Administration Center. Publix is the first tenant to open at the shopping center within Fruitville Farms.

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