Development/Redevelopment

Santa Monica, Calif. -- Santa Monica Place, the open-air shopping center in downtown Santa Monica, Calif., has been awarded LEED (Leadership in Energy and Environmental Design) Gold certification from the U.S. Green Building Council.

Conshohocken, Pa. -- Ikea has announced plans to install solar energy panels on two distribution centers in the Eastern United States. Installation will occur this summer on the chain’s center in Perryville, Md., and Westampton, N.J. Both projects will rank among the largest commercial rooftop solar installations in the United States, and their implementation will extend the Ikea solar presence to nearly 89% of its U.S. locations.

SUNBURY, Pa. — Weis Markets has closed on its purchase of three former Genuardi's stores and is slated to reopen them this weekend.

In advance of these store openings on June 16, located in Conshohocken, Doylestown and East Norristown, Pa., Weis said it will reopen each store's pharmacy Monday at 12 noon to minimize prescription service disruption.

Weis added that it has hired 218 former Genuardi employees and has added 150 positions, which will allow each store to double the number of cashiers it employs and increase front-end service.

Pittsburgh -- Dick's Sporting Goods announced Monday it will open two new stores on June 13.

A store at Bloomfield Town Square, in Bloomfield, Mich., will be the sporting goods retailer’s 20th store in the state.

The new store opening at Northborough Crossing, in Northborough, Mass., will be the retailer’s 17th in the state.
 

FORT WORTH, Texas — A Thursday report by Reuters said that RadioShack will take a 49% stake in a joint venture with Cybermart to open small-format, RadioShack-branded stores in greater China.

Cybermart, an affiliate of Hon Hai Precision Industry Co., and RadioShack will open their first location in Shanghai in July. Additional locations are planned for mainland China, as well as Taiwan, Hong Kong and Macau.

Fort Worth, Texas -- A Thursday report by Reuters said that RadioShack will take a 49% stake in a joint venture with Cybermart to open small-format, RadioShack-branded stores in greater China.

Cybermart, an affiliate of Hon Hai Precision Industry Co., and RadioShack will open their first location in Shanghai in July. Additional locations are planned for mainland China, as well as Taiwan, Hong Kong and Macau.

ST. LOUIS — Save-A-Lot is poised for substantial growth in South Florida when it completes its new distribution center in Pompano Beach. The 250,374 sq. ft. DC is expected to open by February 2013 and will and employ more than 30 employees initially, with the potential for hiring additional employees once the facility is at full capacity, the company said. The project is the result of collaboration with KTR Capital Partners and Butters Construction.

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News reports this week speculated Denver might be getting a new CityTarget store. Get used to seeing similar speculation in other major markets as the company seeks to tap a new growth frontier.

St. Louis -- Save-A-Lot announced plans for a new 250,374-sq.-ft. food distribution center in Pompano Beach, Fla.

The center located is expected to open by the end of fiscal year 2013 (FY13 ends February 23, 2013) and employ more than 30 employees initially, with the potential for hiring additional employees once the facility is at full capacity. The project is the result of collaboration with KTR Capital Partners and Butters Construction.