Development/Redevelopment

Peoria, Ill. -- Cullinan Properties Group, developer of the East Peoria (Ill.) Downtown development, said Friday that Ross Dress for Less will open a 25,000-sq.-ft. junior-anchor store at the mixed-use project, joining previously announced Target, Costco, Ulta and Gordman’s.

Red Robin Gourmet Burger will open a 4,001-sq.-ft. restaurant and dental chain Heartland Dental Care will open in a 2,700-sq.-ft. space.

Mumbai -- Starbucks Coffee Co. on Friday entered its 61st country with the opening of its first store in India, in a historic building in southern Mumbai. The store is owned and operated by Tata Starbucks Limited, the 50/50 joint venture between Starbucks and Tata Global Beverages Limited. The company plans to open two additional stores in Mumbai next week before launching in New Delhi in early 2013.

MINNEAPOLIS -- Target has announced plans to open a new store in Chicago.  The 190,000-sq.-ft. store, to be  located on West Division and North Larrabee Streets, is scheduled to open in October 2013.

To date, Target has announced plans to open 10 Target stores in 2013, including CityTargets in Los Angeles, Portland and San Francisco.

INDIANAPOLIS -- Simon Property Group and Paragon Outlet Partners, Baltimore,  have signed a letter of intent to jointly develop Charlotte Premium Outlets, in Stallings, N.C.

Projected to open in 2014, the outlet center will be 400,000 sq. ft. and will house approximately 100 designer and name brand stores.
  
The project, which is expected to break ground during spring 2013, is a 50/50 joint venture between Simon Property Group and Paragon Outlet Partners.

CANTON, Mass. -- Dunkin' Donuts has signed a multi-unit store development agreement with existing franchisee Sizzling Donuts, LLC for 16 new restaurants in Salt Lake City, Utah.
 
The first restaurant is planned to open in 2013 and the remainder by 2018.
In February 2012, Sizzling Platter, LLC formed the subsidiary Sizzling Donuts, LLC and signed their first multi-unit agreement with Dunkin' Donuts to develop 11 new restaurants in Denver, Colorado, and eight new restaurants in El Paso, Texas, over the next several years.

Austin, Texas -- Whole Foods Market has announced two new locations for Manhattan. The company said it plans to open a 39,000-sq.ft. store in the city’s Harlem neighborhood in 2015. The supermarket will be located in the middle of the area’s business district, on 125th Street and Lennox Avenue.

New York – Alsea, Latin America's biggest restaurant operator, will invest $110 million over the next three years in 220 new Starbucks cafes in Mexico and Argentina, Reuters reported.

Around $75 million of the investment would be put into some 170 new stores in Mexico, which is Starbucks' fastest-growing Latin American market, with the balance going to its number two regional market Argentina, according to the report.

Currently, Argentina and Brazil have about 50 Starbucks stores each.

Dallas -- Corner Bakery Café has announced expansion plans for Portland, Ore., Minneapolis-St. Paul and Orlando, Fla.

The targeted expansion calls for 18 new locations in Minneapolis-St. Paul, 18 in Orlando and 11 in Portland. Corner Bakery Cafe is currently evaluating potential franchisees for each market.

New York -- Maefield Development, Infinity Urban Century, The Witkoff Group and New Valley, an investment unit of Vector Group LTD announced that they have completed the $430 million acquisition of their Times Square Gateway Center development site. The purchase clears the way for construction of a 340,000-sq.-ft., 36-story, multi-use development that will anchor the northern end of Times Square, with a new retail experience, a hotel tower, and the nation's largest single LED screen.

San Jose, Calif. -- Togo's is aggressively targeting Oregon for expansion. The sandwich chain has fueled its development plans based on recent success of its Oregon franchisees.

The company aims to open 25-30 restaurants throughout Oregon in cities such as Portland, Eugene, Hillsboro, Bend, Medford, Salem, Klamath Falls, as well as Vancouver, Wash., over the next several years.