Development

Hillrose-Market_Roswell
DevelopmentGeorgiaMixed-useNews

Atlantic Cos. Secures Construction Financing, Breaks Ground on Mixed-Use Project in Metro Atlanta

by Abby Cox

Roswell, Ga. — The Atlantic Cos. has secured construction financing and commenced construction on Hillrose Market, a 7-acre mixed-use development in downtown Roswell, a northern suburb of Atlanta. The financing includes debt from SouthState Bank and a revenue bond issued by the Roswell Downtown Development Authority. Patterson Real Estate Advisory Group arranged the financing. Located adjacent to City Hall with a walking trail connection to the city’s Canton Street district, Hillrose Market will comprise a six-building, 75,000-square-foot retail village surrounding a central greenspace, as well as an office building dubbed …

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midtown-bonita
DevelopmentFloridaLeasingMixed-useNews

Zuckerman Group Signs Two Tenants to Join Midtown at Bonita Mixed-Use Development in Southwest Florida

by Abby Cox

Bonita Springs, Fla.  — The Zuckerman Group has signed leases with two new national tenants at Midtown at Bonita, a 68-acre, mixed-use development under construction located in Bonita Springs, about 15 miles north of Naples. T.J. Maxx and Ulta Beauty will join the lineup at Midtown at Bonita, which has leased nearly 100,000 square feet of retail space. Other committed tenants include Chipotle Mexican Grill, Panera Bread, The Hangry Bison, Club Pilates, Good Vets, Jeff’s Bagel Run, Noire the Nail Bar, Bonita Beach Wine & Spirits, Gelato&Co., LowBrow Pizza & Beer, …

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ArizonaDevelopmentNews

Diversified Partners Signs EOS Fitness to Anchor New Retail Development in Metro Phoenix

by Abby Cox

Glendale, Ariz. — Diversified Partners has signed EOS Fitness to anchor a new 24.5-acre commercial retail development in Glendale, roughly nine miles northwest of downtown Phoenix. The developer acquired the site for $5.9 million in 2022, as reported by the Phoenix Business Journal. Along with EOS Fitness, additional confirmed tenants at the new shopping center, which is currently 77 percent preleased, include Dutch Bros Coffee, HTeaO, Farmer Boys and Bojangles. An approximately 2,057-square-foot endcap shop space remains available for lease, along with additional drive-thru and retail opportunities. The development is designed …

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Viva-White-Oak
DevelopmentGrocery-anchoredMarylandMixed-useNews

MCB Signs Costco to Anchor $2.8 Billion Viva White Oak Mixed-Use Development in Metro D.C.

by Abby Cox

Silver Spring, Md. — MCB Real Estate has signed Costco Wholesale to anchor Viva White Oak, a $2.8 billion mixed-use development in Maryland’s Montgomery County. Situated roughly 12 miles northeast of Washington, D.C., Viva White Oak will span 280 acres near the headquarters of the U.S. Food and Drug Administration (FDA) and the Adventist HealthCare White Oak Medical Center in Silver Spring. The 162,000-square-foot store will be the fourth Costco within a 10-mile radius of Viva White Oak, according to MCB. Viva White Oak is approved for more than 12 …

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playa-bowls-franchise
DevelopmentMissouriNevadaNewsRestaurantsSouth Carolina

Playa Bowls Signs Three Multi-Unit Franchise Agreements Across Three States

by Abby Cox

Belmar, N.J. — Belmar, New Jersey-based Playa Bowls, a fast-causal restaurant chain that specializes in açai bowls, smoothies and fruit juices, has signed three multi-unit franchise agreements spanning Nevada, South Carolina and Missouri. Husband-and-wife teams Justin and Hannah Kirkland, alongside Craig and Diana Kirkland, will own and operate 10 restaurants in Southern Nevada. Brittany and Jeff Ciaramita have signed a five-unit development agreement in Missouri, marking the brand’s introduction to the state. Potential locations include Ladue, Central West End, Creve Coeur, Town and Country and Chesterfield, with the first location …

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Desert-Sky-Plaza-II-Victorville-CA
CaliforniaDevelopmentNews

NewMark Merrill-Led Partnership to Develop 297,363-Square-Foot Retail Center in Victorville, California

by Abby Cox

Victorville, Calif. — NewMark Merrill Cos., in partnership with World Premier Investments and R.Y. Properties, has received entitlements to develop Desert Sky Plaza II, a 30-acre shopping center located at the southeast corner of Roy Rogers Drive and Amargosa Road in Victorville, approximately 35 miles north of San Bernardino. NewMark Merrill is scheduled to break ground on the project in the second quarter of 2026 with the opening planned for fall 2027. Designed by Architects Orange and Kimley-Horn, Desert Sky Plaza II will be the second phase of the existing Desert …

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Cross County Center
DevelopmentNew YorkNews

Marx Realty Underway on 58,000-Square-Foot Retail Expansion at Cross County Center in Yonkers, New York

by Abby Cox

Yonkers, N.Y. — Marx Realty is underway on the construction of a two-building, 58,000-square-foot retail expansion at Cross County Center, a 1.2 million-square-foot lifestyle center located in Yonkers, just north of New York City. The first building will comprise 14,000 square feet across a single floor and the second building will span 44,000 square feet across two floors. Marx Realty will also develop a 4-acre park, which will accommodate farmers’ markets and SummerFest events, as well as wellness and seasonal programming. Meanwhile, an adjacent boardwalk will offer café-style seating and shaded …

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North Point Mall
Company newsDevelopmentEntertainmentGeorgiaMixed-useNews

New York Life Taps Jamestown to Pursue NHL Stadium for North Point Mall Redevelopment in Metro Atlanta

by Abby Cox

Alpharetta, Ga. — New York Life Insurance Co. is underway on plans to redevelop North Point Mall in Alpharetta, a suburb roughly 30 miles north of Atlanta. Jamestown has been tapped by New York Life to pursue the redevelopment entitlements for the development.  The Atlanta-based firm, which manages the nearby Avalon mixed-use development following its acquisition of the Atlanta-based holdings and listings of North American Properties in 2024, will also oversee property management for North Point Mall effective March 1. Plans for the project include transforming the mall into a …

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DLR_Group_The-Walk
CaliforniaDevelopmentMixed-useNews

Partnership Begins Construction on Mixed-Use Community in Metro Los Angeles

by Abby Cox

Norwalk, Calif. — A partnership between Primestor and the City of Norwalk is underway on The Walk, an 89,000-square-foot mixed-use community located in Norwalk, approximately 17 miles southeast of downtown Los Angeles. Designed by DLR Group, the project will be centered around pedestrian-friendly, landscaped pathways that will provide new dining, shopping and public spaces for guests and residents. The Walk is scheduled for completion by late 2027.

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DevelopmentFloridaGrocery-anchoredInvestment salesNews

Morgan Co., Casto Net Lease Acquire Land Parcel for Development of Grocery-Anchored Shopping Center in Port St. Lucie, Florida

by Abby Cox

Port St. Lucie, Fla. — A partnership between Morgan Co. and Casto Net Lease has acquired a 15-acre land parcel in Port St. Lucie for the development of a grocery-anchored shopping center. Scott Copeland of On Course Development represented the buyers in the transaction. The new center will be anchored by Aldi and will include several outparcels that will be designated for tenants such as McDonald’s, Circle K and AutoZone. Construction is expected to begin later this year, with delivery of the project scheduled for 2027.

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