Development/Redevelopment

The Southeast’s leading grocery chain will be opening a new center in the state where it has its least exposure, and leasing activity is brisk.   Broker La Purser & Associates reported the signing of four tenants at a planned Publix-anchored center in Harrisburg, North Carolina. Smoothie King, Sports Clips, Avalon Spa & Nails, and dental office have committed to the 67,200-sq.-ft. Harris Square, set to open in 2018.  

Indochino's recently opened showroom at West Edmonton Mall showcases the omnichannel brand's stylish approach to customized menswear apparel.   The 3,200-sq.-ft. space features eye-catching graphics, both on the exterior and interior, along with video screens that convey the brand's message of offering a “luxury tailoring experience without the high price tag.”   

Made-to-measure menswear brand Indochino continues its expansion from the Web into physical retail.       

The first enclosed mall on Massachusetts South Shore will undergo a $40 million conversion to an open-air center under the ownership of a spun-off unit of Phillips Edison & Company.   The 732,000-sq.-ft. Hanover Mall in Pembroke Massachusetts — anchored by Macy’s, Sears, and Walmart — was purchased last fall by PECO Real Estate Partners, which operates under the name PREP. Built in 1971 and last renovated in 2004, the center has direct access to Route 3, the major thoroughfare joining towns south of Boston.

Will public spaces be the new anchor tenants in the shopping centers and mixed-use facilities of the 21st Century?   That’s the opinion of J. Wickham Zimmerman, whose construction company Outside the Lines is unveiling a Bellagio-esque fountain that will present choreographed water shows at Legacy West in Plano, Texas.   “Retailers recognize the importance of integrating thoughtfully designed gathering spaces and artful show fountains to drive foot traffic,” Zimmerman said.

Sprint continues to expand its presence and investment in Southern California.   The company plans to add more than 550 new jobs and 78 new retail locations throughout the Southland by the end of 2017. The new jobs will include a combination of retail, operations and technical experts. Currently, Sprint operates more than 300 branded retail locations throughout the Southern California region.  

The nation’s fastest-growing planned community keeps speeding along.   The Tavistock development, which already has 12,000 permanent residents, will add another thousand visitors a week thanks to a KPMG training facility that broke ground this week. In addition, the $400 million facility will house an employee staff of 330.  

Green Top Grocery has opened and will anchor The Foundry, a center situated on a boundary between manufacturing and residential neighborhoods in Bloomington, Minnesota.   Green Top could represent the burgeoning of a new player in the fresh and organic grocery segment in shopping centers: the local cooperative. Owned by 1,500-plus local residents, the Green Top co-op attempts to source products from farmers and vendors within a 100-mile radius of Bloomington.