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Development/Redevelopment

  • American Eagle Outfitters set to unveil SoHo flagship

    New York City -- American Eagle Outfitters will open second flagship in Manhattan. The new SoHo store will open Tuesday, Nov. 9.

  • McShane Construction awarded parking deck project at Randhurst Village

    Rosemont, Ill. -- McShane Construction Co. said Tuesday it has been awarded a three-story, 586-space parking structure project on behalf of developer Casto Lifestyle Properties. 

    The new construction assignment is located at Randhurst Village in Mount Prospect, Ill., a 100-acre, mixed-use redevelopment project of the former Randhurst Mall that will feature retail, dining, entertainment and hospitality components.

  • Dick’s Sporting Goods opens at The Fountains

    Beachwood, Ohio -- Developers Diversified Realty Corp. announced the opening of Dick's Sporting Goods at The Fountains, a completely redeveloped 477,343-sq.-ft. community shopping center located in Plantation, Fla.

    Dick's Sporting Goods joins Kohl's, which opened in 2009, as one of the first new tenants at the redeveloped center. In addition, Jo-Ann fabric and craft stores will open a 20,000-sq.-ft. store and Lime Fresh Mexican Grill will open a 2,160-sq.-ft. restaurant early in 2011. The center also features Marshalls and HomeGoods and is 93% leased.

  • Kroger to spend $15 million on store renovations

    Cincinnati -- A Monday report by the Cincinnati Business Courier said that Kroger Co. is planning to spend about $15 million to renovate four stores in the Cincinnati area in 2011.

    The grocery retailer said it plans to renovate stores in Westwood, Madeira and Montgomery, Ohio, as well as a store in Cold Spring, Ky.

    The Westwood and Montgomery locations are scheduled for renovation in the first half of 2011, while Kroger is still finalizing the renovation plans for the Madeira and Cold Spring stores.

  • Gymboree profit dips in Q3

    San Francisco -- The Gymboree Corp. reported Monday that net income for the quarter ended Oct. 30 dipped slightly to $34.4 million, compared with net income of $34.8 million in the year-ago quarter.

    Revenue increased 4% to $280.9 million, compared with $269.1 million in the prior year. 

    Same-store sales decreased 4%.

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