Developer: Co-developed by Steiner + Associates and Bucksbaum Retail Properties
Major tenants: Dillard’s Department Store, CineBistro, a 135-room hotel, 220 luxury residential units and 100,000 sq. ft. of office space.
Status: Construction is scheduled to begin in early 2014 with the opening scheduled for summer 2015.
Major tenants: Lord & Taylor, Marc Vetri’s Osteria, Jose Garces’ Distrito, Firebirds Wood Fired Grill, Regal Premium Experience Theater, Rizzieri Salon & Spa, Francesca’s Collection (in lease negotiations) and a number of best-of-breed regional retailers
What are retail shopping center developers up to in the vibrant northeastern region of the United States?
All across the Northeast — in which we include Ohio, Maryland, Virginia, Pennsylvania, New Jersey and the traditional northeastern states to the north — developers are renovating, redeveloping, raising rents, welcoming tenants and starting to get back to normal.
Transportation logistics services provider XPO Logistics has acquired Optima Service Solutions, a non-asset provider of last-mile logistics services for major retailers and manufacturers in the United States.
Import volume at the nation’s major retail container ports grew 6.5% in October over the same month last year despite the government shutdown, and year-over-year increases are expected to continue for the remainder of the year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Hointer Inc., a Seattle-based denimwear retailer, may be new (the first store opened in April 2012) and small (two branded stores in Seattle plus a pop-up inside a Levi’s store in New York City), but its goal is impressively large.
Jim Wilson & Associates and Conway Development Corporation have announced the development of Central Landing, a 150-acre mixed-use project with retail, office, residential and hospitality components, in Conway, Ark.
Amid weaker-than-expected August retail sales, leading retailers are kick-starting their holiday shopping season by wooing existing shoppers through their customer loyalty programs. Retailers are increasing their investment in the traditional transaction-based loyalty efforts because of the proven success of rewarding customers for their purchases.
Despite concerns over the government shutdown, import volume at the nation’s major retail container ports is expected to grow 9.1% in October over the same month last year, according to the monthly Global Port Tracker report released Monday by the National Retail Federation and Hackett Associates.
When it found the performance of a legacy data-processing system lagging too far behind the pace of its business, Alpharetta, Georgia-based The Original HoneyBaked Ham Co. of Georgia, Inc. decided to investigate more current options.