Development/Redevelopment

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.

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.

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.

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.

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.
 

Buffalo, N.Y. -- Headwear and apparel retailer New Era said Thursday it will expand its international presence with the opening of New Era Tokyo on Feb. 26.

The 1,100-sq.-ft. store, the retailer’s eighth global store, is located in Harajuku.

"We're focused on growing our retail presence internationally so having a flagship store in Japan's main city is really exciting," said Matthew Reeves, New Era Japan's managing director.

Seattle -- American Girl said Wednesday it will make its Northwest U.S. debut as it opens a new store this summer at Alderwood Mall in Lynnwood, Wash.

According to a report by the Seattle Times, the Middleton, Wis.-based retailer, a division of Mattel, said it is taking 12,500 sq. ft. of space spanning the mall's interior and outdoor Village.
 
The new store will replace several departed or relocated tenants, including Cold Stone Creamery, World Wrapps and Anchor Blue.

Fourth quarter earnings per share at Target advanced 17% to $1.45 compared with $1.24 the prior year, thanks to a seven-cent-a-share tax benefit, and quarterly profits were slightly more than $1 billion compared with $936 million the prior year. Fourth-quarter sales increased 2.8% to $20.3 billion compared with $19.7 billion the prior year and were aided by a 2.4% increase in same-store sales.