Development/Redevelopment

While the phrase gateway markets can be a little bit nebulous – and different people have different ideas about the exact list of cities that qualify – the term is well understood to refer to large mature cities with a track record of population growth, great demographics and a strong and diverse economic foundation.

New York -- The Howard Hughes Corp. announced that Andrew Schwartz has been hired to lead the newly created Global Strategic Partnerships Group as senior VP. He will be responsible for identifying and securing new corporate partnerships across the company’s sought after portfolio that spans from New York to Honolulu, the new division will play an important long term role for the growing company.

Zara has opened an eco-friendly flagship in the heart of Manhattan’s SoHo neighborhood. It is the Spanish retailer’s eight location in Manhattan.

Ross Dress for Less announced three new stores, part of the retailer’s 2016 expansion program, which calls for 70 new locations.

Ross will open a new store and relocate a store in Mobile, Alabama on March 5. The new 25,000-sq.-ft. West Mobile store is located in Westwood Plaza, one mile east of the Mobile Regional Airport. The Mobile location is a 25,000-sq-ft. store that relocated into the McGowin Park East Shopping Center at the southeast corner of Interstate 65 and Highway 90.

Walgreens Boots Alliance is exploring the possibility behind opening a retail pharmacy stake in Australia, The Sydney Morning Herald reported Friday. Though current government restrictions prevent corporate-owned pharmacies from setting up shop, that could change as "the government has commissioned an independent review of pharmacy regulations, which is due to report in March 2017," the paper reported.

New York -- Halstead Property announced the promotion of Richard J. Grossman to president. In his new role, Grossman will work closely with Halstead CEO Diane M. Ramirez and will also continue to oversee the Village and SoHo offices together with Sara Rotter, executive director of sales for Downtown.

Teen and pre-teen retailer Five Below has big plans to bring its brand of extreme value retail to the Sunshine State.

The company will hold a grand opening of its first store in Miami on March 2, giving it a total of 15 locations in the state, and said over time is expects to open 100 more stores. This store is located at Causeway Plaza, 12195 Biscayne Blvd, North Miami.