Development/Redevelopment

Tanger Factory Outlet Centers operates, owns or has an ownership interest in 42 shopping centers nationwide that encompass 14.3 million square feet. The company’s centers are home to more than 3,000 stores operated by 470 different retailers, which affords Tanger President and CEO Steve Tanger a unique vantage point on the retail industry. He spoke recently with Chain Store Age about the outlet shopping industry his father pioneered 35 years ago.

The Disney Springs collection of retail and entertainment offerings in Lake Buena Vista, FL is home to the newest UGG brand flagship store.

The demise of regional grocer Haggen has been a boon to Smart & Final which grew its store count by more than 10% after acquiring former Haggen locations.

Last December, Smart & Final acquired 33 Haggen lease locations and the company recently announced that it had opened all those locations under its Smart & Final Extra! banner.

American Girl, an early pioneer of experiential retailing, is set to shake things up again, this time with a digital twist. The company, a division of Mattel, will move its Manhattan flagship from Fifth Avenue to Rockefeller Center, where it will open a totally revamped store concept, reported Racked New York. Created by FRCH Design Worldwide and digital agency MJD Interactive, the store will emphasize customization and personalization.

For developers, architects and commercial construction professionals, designing and building retail spaces is a highly specialized skill that requires experience and considerable expertise to master. While brand standards, design consistency and proven buildout processes lead to some welcome efficiencies, sometimes unavoidable constraints and specific requirements that are mandated both by retailers and landlords can also create unique logistical and development challenges.

The 300,000-sq.-ft. ONE DAYTONA mixed-use project isn’t scheduled to open for another 18 months, but when it does the unique project looks to set a new benchmark for mixed-use retail real estate developments.

Mark Horgan has been named executive vice president and chief investment officer at Brixmor Property Group and been give a wide range of responsibilities as the newest member of a revamped senior leadership team.

Ikea is going big in Memphis. The home furnishings giant plans to install the largest rooftop solar array in the state of Tennessee at its new store in Memphis. The 271,000-sq.-ft. Memphis Ikea is scheduled to open in late fall 2016, and panel installation for the solar energy system will begin this summer.