Development/Redevelopment

San Francisco -- Gap will open its first Italian flagship on  Saturday in the Corso Vittorio Emanuele shopping district of Milan.

The company said that it also plans to open an additional Gap store in Rome next year and a Banana Republic store adjacent to its Milan location "in the near future." The Milan Gap store spans three floors and 25,500 sq. ft. and will offer all Gap clothing collections.
 

Atlanta -- SRS Real Estate Partners said that Scottsdale, Ariz.-based Pei Wei Asian Diner has selected SRS to find its debut location in the state of Georgia.

Pei Wei was launched in July 2000 as a growth vehicle for P.F. Chang’s China Bistro. Currently, Pei Wei operates more than 165 company-owned stores in 20 states.
 

Bentonville, Ark. -- Wal-Mart Stores said Thursday it will open its first four stores in Washington, D.C., as part of the retailer’s effort to increase its urban expansion stride.

Wal-Mart said it plans to open the smaller-format urban stores in Washington, D.C. in late 2012, and said it has met little resistance from the area. The retailer said its poll of 800 locals found nearly three-quarters of Washingtonians favored Wal-Mart coming to the city.

Chesapeake, Va. -- Dollar Tree said Thursday that net income for the quarter ended Oct. 30 rose 37% to $93.2 million, from $68.2 million in the year-ago period.

Consolidated net sales for the third quarter were $1.43 billion, a 14.2% increase from $1.25 billion a year earlier. Same-store sales increased 8.7%.

During the third quarter, Dollar Tree opened 86 stores, expanded or relocated 27 stores, and closed two stores. The company currently operates 4,009 stores in 48 states.

Miami -- Beachwood, Ohio-based Developers Diversified Realty Corp. said that The Sports Authority, HomeGoods and a selection of retail shops and restaurants are opening and coming soon to The Shops at Midtown Miami, a 645,000-sq.-ft. mixed-use retail, dining and residential center.

The Sports Authority plans to open a 34,544-sq.-ft. store in 2011. HomeGoods opened a 25,351-sq.-ft. location in late fall 2010.

Chicago -- U.S. Equities Realty said that Sbarro will open six new quick-service Italian restaurants at the Illinois Tollway Oases.

Sbarro restaurants will open at the Belvidere, Des Plaines, Hinsdale, Lake Forest, Lincoln and O’Hare Oases, and will vary in size from 700 sq. ft. to 1,240 sq. ft., for a total of 6,360 sq. ft.

Washington, D.C. -- The total footprint of commercial projects certified under the U.S. Green Building Council’s LEED (Leadership in Energy and Environmental Design) Green Building Rating System has surpassed 1 billion sq. ft.

Another 6 billion sq. ft. of projects are registered and currently working toward LEED certification worldwide. Since it was first introduced to the marketplace in 2000, more than 36,000 commercial projects have participated in LEED.
 

Tampa, Fla. -- RMC Property Group announced that it has added tenant representation to its scope of services that currently includes leasing and management, brokerage, owner and developer.

“In many ways, we have been practicing tenant representation for years, assisting our clients in backfilling empty boxes or securing new retail locations for tenants,” said Susie Rice, president of RMC Property Group.

To launch the new division, RMC Property Group has added real estate broker David Gibson.