Development/Redevelopment

Tampa, Fla. -- The power of Bass Pro Shops’ brand of retail was evident at the company’s newest store opening this week, in Brandon, Florida. The store is the company’s 10th in the Sunshine State and features 130,000 sq. ft. of outdoor gear, apparel, footwear and nature-themed gifts.

Shoppers were undeterred by a massive traffic jam and a lack of parking, which forced some grand opening attendees to walk nearly a mile for a look inside.

Fast-fashion giant H&M is adding another set of initials to its aggressive expansion plans. 

Chicago -- J. Crew Group’s new value-priced store concept has announced a second location.

Mercantile, which recently made its national debut at The Shops at Park Lane in Dallas, will open at The Mayfair Collection, in Wauwatosa, Wisconsin.
   

Houston - Baker Katz, an X Team International partner and full-service commercial real estate brokerage firm, has acquired a 4.5-acre property with plans to renovate two existing buildings totaling 33,000-sq.-ft. in Atascocita, in the Greater Houston area.

The firm plans to renovate the two buildings that were constructed in 1984 to update the architecture and attract new retail tenants. Construction is slated to begin early next year. Jim Bayne with Investar Real Estate Services represented the seller for this transaction

Montvale, N.J. -- Benjamin Moore has opened a 90,000-sq.-ft. state-of the-art distribution space in the Landover Logistics Center in Landover, Maryland.

The new LEED-certified (Silver) center will accommodate expansion and enhance service in the fast-growing Mid-Atlantic and Southeast markets, as well as support distribution of an expanded line of Benjamin Moore & Co. latex products.

Palm Coast, Fla. -- A transformation is underway. Branch Properties is in the midst of a $40.8 million redevelopment of the largest (and oldest) retail shopping center in Palm Coast, Florida.

Island Walk, once called Palm Harbor Shopping Center, is a 204,000-sq.-ft. center anchored by Publix Super Markets. Once completed in 2016, the upgraded retail destination will bring new and expanded tenants and amenities to the Palm Coast community in an effort to revitalize the city’s original core.  

New York -- Saks Fifth Avenue is going to open a freestanding store dedicated to a hot category.

The department store retailer plans to open a shoe store in Greenwich, Connecticut, in fall 2016, Women’s Wear Daily reported.

The store, whose name has not yet been revealed, will be located close to an existing Saks Fifth Avenue store, which will no longer sell shoes.

The new format will be modeled after Saks’ in-store 10022 shoe department, according to the report.

New York -- J.Crew Group is not breaking any new ground with its latest retail format, Mercantile, which recently opened its first location, in Dallas.

The budget-friendly store, in The Shops at Park Lane, is very similar to J.Crew’s factory outlet concept, reports Business Insider, particularly in its pricing and merchandise mix.

For a look inside the new store, click here.