Development/Redevelopment

Fredericton, Canada -- Plaza Retail REIT plans six new Canadian retail projects: four new re-developments and two new ground-up development projects. Four projects are located in Quebec, one in Atlantic Canada and one in Ontario.

In all, Plaza will be investing approximately $24 million for its share of these six new projects and will add approximately 155,000-sq.-ft. to its portfolio of retail properties (at Plaza's ownership percentage). The Ontario project and three Quebec projects are being developed with joint venture partners.

New York -- Urban Outfitters will unveil a new concept, Space Ninety 8, on April 4, in the hip Willliamsburg section of Brooklyn, N.Y.

The five-level space is located in a renovated warehouse and has an industrial look, complete with exposed ceilings and brick walls. The basement will house a rotating series of pop-ups, while the first floor will showcase independent designers and vendors, according to the Village Voice. The first floor will also be home to a vintage shop, called Urban Renewal.

York, Pa. -- The Bon-Ton Stores plans to open a 27,000-sq.-ft. Herberger’s Clearance Center in Maplewood, Minn. The store is scheduled to open May 2014.

“We are pleased to announce the opening of our fourth free-standing clearance center,” said Brendan Hoffman, president and CEO.

Bon-Ton Stores operates 270 department stores in 25 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers nameplates.

New York -- Modell’s Sporting Goods will open a store in midtown Manhattan, near Madison Square Garden, on April 4.

The store is the retailer’s 156th location.

Columbus, Ohio – DSW Inc. is opening three new stores on April 10. The stores will be located in Tempe, Ariz., DeKalb, Ill., and Washington, D.C.

DSW Rewards is a free loyalty program in which customers earn certificates toward future DSW purchases and receive special member-only offers. Customers can also participate in a Shoe Lover community on Facebook to receive exclusive offers and giveaways.

Minneapolis -- Target announced plans to open a store in Westwood, Mass., opening in March 2015.

The 135,000-sq.-ft. store will be part of the new University Station development. It will be the 26th Target store in the Boston area.

New York -- Discount supermarket operator Aldi has acquired a 55-acre site in Moreno Valley, Calif., on which it will build its Southern California regional headquarters. The planned 800,000-sq.-ft. facility would serve as Aldi’s West Coast regional office and distribution center as it looks to expand into the Southern California market.

In December, Aldi announced plans to open 650 stores in the United States during the next five years.

New York — Pita Grill has signed a 12-year lease for 2,700-sq. ft. in Greenwich Village at 496 LaGuardia Place between West Houston and Bleecker Streets. The space includes 1,350 sq. ft. on the ground floor and 1,350 sq. ft. on the lower level. The quick-service restaurant will be the chain’s ninth location since if first opened a few blocks away at West 4th Street in 1994.

Ankeny, Iowa -- Casey’s General Stores plans to break ground on the company’s second distribution center in November 2014. The facility will be located in Terre Haute, Ind.

Dallas — SRS Real Estate Partners, in partnership with Cresa Toronto, has opened an office in Toronto, Canada. It is the company’s first Canadian office and second international location. Jamie Grossman, managing principal for Cresa Toronto will oversee the new office, while SRS has brought in Lindsay Ryder as first VP for SRS.