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Development/Redevelopment

  • Amazon’s expansion into brick-and-mortar taking it to NYC

    New Yorkers will have a new way to browse Amazon’s best-selling book titles — in a physical store.   Later this year, the retail giant will open a book store in Manhattan’s Shops at Columbus Circle, in the Time Warner Center, according to ReCode.  

  • Utah mall has replacement lined up for closing Macy’s

    CBL announced that it has a replacement anchor lined up for the Macy’s store closing at its Layton Hills Mall in Utah, one of 63 Macy’s locations slated to be shuttered this spring. One other Utah Macy’s is scheduled to close at Cottonwood Mall in Salt Lake City.   

  • Mortgage expert: Look to unsexy cities for retail growth

    Retailers and developers looking for potential expansion spots in the coming year should bypass Gotham and head to Grand Rapids.  

  • PREIT gets proactive in replacing Sears stores

    PREIT CEO Joseph Coradino is pursuing a take-charge course in dealing with department store attrition, announcing that his company is actively pursuing replacements for three Sears anchors he expects to close in 2017.   

  • Sears sells top brand, closing more stores

    Sears Holdings Corp. is seeking to stop its bleeding and raise more cash by closing another 104 stores and selling its iconic Craftsman tools brand.   The struggling retailer said it has reached an agreement to sell Craftsman to Stanley Black & Decker for a net present value of about $900 million, including future royalty payments. Sears, which will continue to sell Craftsman products, had put the brand, along with its Kenmore and DieHard brands, up for sale several months ago.   

  • Finding a New Outlet

    New retailers and new consumers (read: millennials) are discovering value retail, and that means more outlet centers in more locales in more different configurations.

  • Expanding North

    DLC Management Corp.’s grocery-anchored shopping centers can be found in places such as Dallas; Milwaukee; Columbus, Ohio; and Birmingham, Ala.; but the company has a special stake in the Northeast. In October, DLC closed the biggest deal in its history, acquiring a passel of 16 centers, all but one of them in New York state. Chain Store Age Real Estate Editor Al Urbanski talked with DLC CEO Adam Ifshin and asked him what retailers need to know about the Northeast market.

  • ON THE LEVEL with Al Urbanski

    Oculus Populi: The mall at the center of the World Trade Center

  • Project Profiles


    Seaport District


    Location: Lower Manhattan, New York, N.Y.

    Size: The transformed Seaport District will encompass seven buildings on several blocks totaling more than 400,000 sq. ft.

    Developer: The Howard Hughes Corporation

    Key tenants: iPic Theaters, 10 Corso Como, Scotch & Soda

    Status: Pier 17, the property at the center of the Seaport’s development plan, is set to open next year.

  • Northeastern Exposure

    Packed and bursting with opportunities

    Ground-up projects are hard to come by here, but shopping center innovation and new retailers are not

    Density and diversity. The two D’s. That, in short, is what sums up the Northeast market for retailers. It’s the place where chains with national expansion plans or new formats to test need to be.

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