Development/Redevelopment

East Peoria, Illinois — McDonald’s Restaurants of Peoria/Bloomington will join the East Peoria Levee District with the opening of a new restaurant in September.

 Local owner-operator Scott Bandy will be overseeing the construction of the restaurant, with plans to include a modern exterior and dual drive-thru lanes. Interior features include a dual-point ordering system with new split counter function, free Wi-Fi, and digital menu boards.

La Quinta, California —The Mansour Group has announced the sale of a 36,000-sq.-ft. Stein Mart building located in La Quinta, California. Sale price was approximately $8 million. 

The property was sold via Mansour Group by an unnamed developer to a private, all-cash investor out of San Diego.

The freestanding building is situated in Washington Park, a 600,000-sq.-ft. power and lifestyle center anchored by Lowe’s, Target, Cost Plus, Office Depot, Trader Joe’s with plans for additional construction.

New York -- Boxman Studios, a leader in shipping container modification, have created a one-of-a-kind dining and retail venue from shipping containers to anchor Assembly Row, a new mixed-use development in Somerville, Massachusetts, which is just outside of Boston.   

Four modified 20-ft. shipping containers make up SombBlox, an homage to Somerville’s historically industrial past. The four containers create three distinct spaces that are all ADA accessible and include electrical and lighting.

Columbus, Ohio - Sbarro is entering into Bolivia with a new store opening at the Ventura Mall in Santa Cruz. Sbarro Bolivia SRL plans to open a total of 10 eateries in Bolivia during the next decade.

The franchise agreement with Sbarro Bolivia SRL further expands Sbarro's footprint in South America, which currently includes eateries in Brazil and Colombia, as well as locations launching soon in Peru.

Katy, Texas - Academy Sports + Outdoors announced a third planned Louisville-area store, in Elizabethtown, Kentucky, scheduled to open in 2015. Academy previously announced stores opening in Louisville and Middletown, which will both open prior to the 2014 holiday season.

All three locations were developed in partnership with GBT Realty Corporation. Academy Sports + Outdoors also announced new multi-year partnerships with both the University of Louisville Cardinals and also the University of Kentucky Wildcats.

Sidney, Neb. -- Cabela’s Incorporated announced today plans to open a store in Calgary, Alberta. Construction is scheduled to begin later this year, with a fall 2015 opening.

The 70,000-sq.-ft. store will be located adjacent the Deerfoot Mall, which is currently under plan review as an open air shopping center redevelopment project.

It will be Cabela’s third location in Alberta, joining two locations in Edmonton, which opened in 2011 and May of this year.

New York - Retail developer MarketPlace Development announced that the food and stores at LaGuardia Airport's Terminal B will receive a major overhaul in 2014. With a new terminal slated to start construction in 2015, the redevelopment will provide upgrades for the existing aging terminal, including new shops and restaurants, enhanced amenities and infrastructure upgrades for HVAC and escalators in the food courts.

Canton, Mass. - Dunkin' Donuts has signed a multi-unit store development agreement with new franchisees Wendover Donuts LLC to develop five restaurants in North and South Greensboro, North Carolina. The locations will incorporate traditional and combination unit development with sister brand, Baskin-Robbins, with the first store planned to open in 2015.

Salt Lake City - The Howard Hughes Corporation (HHC) and Smith’s Food & Drug are planning a 78,000-sq.-ft.food and drug store in Holladay, Utah. The 57-acre mixed-use Cottonwood development, located eight miles from downtown Salt Lake Cit, will feature upscale shopping, dining, entertainment and offices in a “Town Square” style setting as well as multi-family residences when complete.

Birmingham, Mich. – A new 49,000-sq.-ft. mixed-use development including an entire floor of retail space is slated to open in downtown Birmingham, Michigan, in third quarter 2015. According to the Macomb Daily News, the development, called “The Forefront,” will be located in the Principal shopping district and feature retail stores on the first floor and 11 luxury condos on the second and third floors.

The development will be built on the site of an existing building, which will be demolished.