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Development/Redevelopment

  • CiCi's Pizza to add 16 new units

    Coppell, Texas -- CiCi's Pizza announced Monday that it has signed agreements for the addition of 16 units over the next five years and hired Wingstop veteran Bruce Evans to lead franchise sales.

    The moves are part of CiCi's growth initiative, with the goal of adding 500 restaurants in the next eight to 10 years.

  • Fresh Market to open at Congressional Plaza

    Rockville, Md. -- Federal Realty Investment Trust said Monday that The Fresh Market will open a new store at Congressional Plaza, a 332,000-sq.-ft. regional shopping center in Rockville, Md.

    The store, the specialty grocer’s first in Montgomery County, will measure 19,860 sq. ft. Recent openings at the center include Last Call Studio by Neiman Marcus and Matchbox Vintage Pizza Bistro.

    Acquired by Federal Realty in 1965, Congressional Plaza is a regional shopping destination anchored by Buy Buy Baby and The Container Store.

  • Dunkin’ Donuts to open 500 stores in India via franchise with local partner

    New York City -- Dunkin’ Brands plans to open 500 Dunkin’ Donuts stores in India over the next 15 years through a partnership with restaurant chain operator Jubilant FoodWorks Ltd.

    Dunkin’ Donuts signed a franchise agreement with Jubilant, according to a statement distributed by PR Newswire today. The first Dunkin’ Donuts shop will open early next year, and will feature the company’s signature coffee and bakery products as well as food developed specifically for the Indian market.

  • Caruso names COO, outlines expansion plans

    Los Angeles -- Caruso Affiliated said it has named Paul Kurzawa as the company’s new COO, a newly created position for the company. Kurzawa was previously executive VP operations for Caruso.

    The firm also outlined a comprehensive expansion program that is designed to double its size in the next five years, according to founder and CEO Rick Caruso. Caruso outlined the company’s business goals and platform for growth at a recent employee meeting.

  • New Harris Teeter planned for mixed-use community development

    Alexandria, Va. -- Buchanan Partners of Gaithersburg, Md., announced it has teamed with The Pinkard Group of Bethesda, Md., to develop a 51,500-sq.-ft. full-service Harris Teeter grocery store, as well as 175 rental apartment homes for the Old Town North section of Alexandria, Va.

    Buvermo Properties of Bethesda is an equity partner in the $74 million, mixed-use development, scheduled to break ground in second quarter 2012.

    The Harris Teeter store is slated to open in 2014.

  • Robertson Properties names real estate/design/development exec

    Los Angeles -- Robertson Properties Group said it has named John Manavian executive VP real estate, design & development, responsible for oversight of the firm’s real estate portfolio, development projects and the roll-out of ArcLight Cinemas.

    Robertson Properties Group is affiliated with Pacific Theatres and ArcLight Cinemas, which are all part of the Decurion Corp.

  • McAlister’s Deli to open at Notre Dame

    South Bend, Ind. -- Indianapolis-based Kite Realty Group said that McAlister’s Deli will open a 4,551-sq.-ft. location at Notre Dame, in South Bend, Ind.

    The new quick-service delicatessen is slated to open this summer.
     

  • 5 Napkin Burger to open at Union Square

    New York City -- Winick Realty Group said that 5 Napkin Burger, the popular burger chain that’s opened three New York locations since 2003, has leased its fourth location at 150 East 14th Street, on the southwest corner of Third Avenue.

    The restaurant includes 3,570 sq. ft. of ground-floor space, as well as a full basement. The new location is slated to open in April.

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