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Development/Redevelopment

  • Outdoor gear and apparel retailer keeps expanding

    L.L. Bean has opened its first store in Cincinnati, at The Kenwood Collection mixed-use center.   The 15,000-sq.-ft. store includes an outpost of the Freeport, Maine-based retailer’s Outdoor Discovery School, which offer demonstrations, clinics and introductory hands-on activities like snowshoeing, kayaking, stand-up paddleboarding, archery and fly casting.  
  • Winn Dixie, Tampa

    Grocery retailer Winn-Dixie opened the second ever location of its next-generation store concept, in the Hyde Park section of Tampa, Florida.  
  • Saks Fifth Avenue continues brick-and-mortar expansion

    Saks Fifth Avenue has opened its third location in Miami, and seventh location year to date, at the just opened Brickell City Centre in the city’s financial district.   
  • Pet supplies retailer keeps expanding at fast clip

    Petco will celebrate the grand opening of nine new stores nationwide in November and December.   The openings are in keeping with the company’s fast-paced 2016 growth plan, which includes 63 new Petco stores and one new Unleashed by Petco store year-to-date.   In addition to the nine new locations, Petco will also celebrate the grand reopening of a relocated store in Kettering, Ohio.  
  • Name change for P&R Architects

    Architectural firm P+R Architects (Perkowitz + Ruth Architects), based in Long Beach, California, has changed its name to Retail Design Collaborative.   
  • New retailers fill redeveloped New Jersey center

    Target, HomeGoods, and Petco will be opening this month at Closter Plaza, a Whole Foods-anchored center in Closter, New Jersey, undergoing a complete redevelopment.   Owner Edens has stated it is “re-energizing” the 208,337-sq.-ft. center with tenants possessing greater appeal to affluent local residents. The developer reports that the average household income within a five-mile radius of the center is $134,000.  
  • Office Depot beats Q3 forecasts; to accelerate store closings

    Office Depot saw its profit rise in the third quarter as cost-cuts and a $240 million tax benefit helped to offset the impact of lower revenue.   Profit in the quarter totaled $44 million, topping analysts’ forecasts. Sales fell 7% to $2.84 billion.  
  • Brickell City Centre makes its debut

    Four years of construction in Miami’s Brickell financial district culminates on Thursday with the opening of a three-level, open-air retail center featuring the return of Saks Fifth Avenue to the city after a 30-year absence.  
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