Development/Redevelopment

New York -- Rebecca Minkoff has brought its “Store of the Future” concept to Los Angeles.  

St. Louis -- Build-A-Bear Workshop continues the transformation of its store experience — and business.

The specialty retailer on Tuesday debuted its updated store design at Mall of America, in Bloomington, Minnesota. Part of a company-wide brand refresh, the reformatted location was developed to increase productivity and optimize space while updating the brand’s overall brand look. New elements include:

• Sophisticated new logo, store set-up and color palette;

Los Angeles – Forever 21, known for operating some truly large stores, is reportedly rethinking that strategy.

According to the Wall Street Journal, the specialty fast-fashion retailer is also in talks to obtain a $150 million load.

Orlando, Fla. -- Madison Marquette announced it has been selected to provide leasing services for Parc Central mixed-use development, located in Orlando, Florida. The development is slated for a first quarter 2016 groundbreaking.

Parc Central will consist of a 29-story high-rise, mixed-use tower featuring 215 luxury residential apartments with rooftop amenities, approximately 15,000 sq. ft. of ground floor retail space and a 30,000-sq.-ft. retail floor located above the parking deck.
 

San Francisco -- Williams-Sonoma is spicing up its store format.

The retailer’s new store in Ponce City Market, Atlanta, features a direct pass-through to the latest dining venture by famed chef Jonathan Waxman, with the restaurant outfitted by Williams-Sonoma.

Mooresville, N.C. – Lowe’s Companies Inc. is making a big purchase that will enable it to build a big store on one of Hawaii’s biggest islands.

The retailer is purchasing an 11-acre property in Kahului, Hawaii for $18.7 million from A&B Properties Inc., a subsidiary of Alexander & Baldwin.

Lowe’s plans to build a 167,000-sq.-ft. store on the site, located on the island of Maui. The new store will be 16% larger than Lowe’s current store in Kahului, which it leases from a third party.

Macy's is set to open its new format, Backstage, this week in Queens, and the retailer gave the Associated Press a sneak peak of the new effort and what's in store.

New York -- Target Corp. is getting rid of its CityTarget and TargetExpress signage, but it is definitely keeping its flexible format store strategy.