Development/Redevelopment

A Publix Super Markets associate who started his career with the company as a part-time meat cutter has been named VP of real estate strategy.   Publix promoted Bob Balcerak to the top real estate post, effective April 3, 2017. As VP, he will oversee the selection of new sites and management of leased properties for Publix stores.     

Amazon is keeping all its options open when it comes to exploring new concepts.   The online giant is exploring an array of brick-and-mortar ideas, from electronics stores to stores that sell furniture and appliance, that would use technology in ways and have a dramatic impact on how other stores operate, reported The New York Times.   

Meijer continues to expand its presence in the Indianapolis area.   On May 2, the retailer will open two supercenter in McCordsville, Ind., and one in Franklin, Ind.   The Indianapolis-area supercenters are two of seven new stores Meijer is opening in Indiana, Michigan and Wisconsin this year.  

Hy-Vee shoppers will soon be able to buy new clothes while they grocery shop.    Two Hy-Vee locations in Nebraska will soon feature F&F clothing boutiques through the Iowa-based retailer’s franchise agreement with the British clothing line owned by supermarket company Tesco, reported The Anchorage Press.  

The Pinnacle Nord du Lac Shopping Center on the north end of the world’s longest bridge — the Lake Pontchartrain Causeway — is adding about 30% to its size.   Property owner Cypress equities has begun construction on an 94,500 sq. ft. of GLA that will house new lifestyle retail and restaurants at the Covington, Louisiana, center that currently spans 327,000 ft.  

Amazon’s fifth bookstore is open for business.   The online giant’s newest Amazon Books location, a 6,000-sq.-ft. space, opened its doors in Chicago’s Lakeview neighborhood on Tuesday, March 23 — its first location in the Midwest, according to CBS Chicago.   

Despite dire statements made on a recent SEC filing, Sears and Kmart stores will remain as fixtures on the retail landscape for some time to come, according to retail real estate experts contacted by Chain Store Age.   “The news was not news,” said REIT analyst Alexander Goldfarb of Sandler O’Neill + Partners about a Sears filing that questioned its own future as a “going concern.”  

Whole Foods Market has opened its second largest location in Chicagoland.     The supermarket retailer has opened a 76,000-sq.-ft. store in the city’s Lakeview area. It replaces an older Whole Foods across the street. The older store, which opened in 1996, closed the day the new store opened.   

Five Below Inc. reported its 11th consecutive quarter of positive same-store sales results amid bullish growth plans for the current year.   The value retailer, which targets tweens and teens with a wide array of goods all priced at $5 or below, said it will open 100 stores in 2017, including its first ever locations in the state of California. The chain opened 85 net new stores in 2016.  

Next week, Casto and local officials will stick shovels in the ground in the East Franklinton section of Columbus and signal a major event in the rebuilding of what was the original settlement of Franklin County, Ohio.   Columbus five years ago razed the crime-ridden Riverside-Bradley public housing complex in the area on the city’s west side, and it is there that Casto will build River & Rich, a mixed-use project with 230 garden and townhouse apartments and 25,000 sq. ft. of retail.