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Development/Redevelopment

  • Subway plans 1,200 stores for 2012, making deals at RECon

    Milford, Conn. -- Sandwich mega-chain Subway said Friday that it has set 2012 development goals of 1,200 North American locations and, toward that end, said a large contingent of company representatives will be in attendance at the International Council of Shopping Centers’ RECon event in Las Vegas, May 20-23.

  • Regal Cinemas to open at Trails Town Center

    Benbrook, Texas -- Fort Worth, Texas-based Buxton said Friday that Regal Entertainment Group will open a new Regal Cinemas at The Trails Town Center, located in Benbrook, Texas.

    The new 14-screen theater will include the Regal Premium Experience: RPX large format screen, and is the first anchor tenant announced at the Buxton-developed 1.5 million-sq.-ft. Trails Town Center.
     

  • Neiman Marcus, Walnut Creek, Calif.

    Neiman Marcus took full advantage of its Northern California locale in the design of its store in Walnut Creek, Calif. The interior finishes and materials draw from the rich colors of the surrounding landscape, and the space takes advantage of the famed California sunshine. The two-level store—the 42nd Neiman Marcus store to date—offers a fresh take on modern luxury shopping in a smaller format for the upscale retailer, featuring 85.870 sq. ft. of selling space. 

  • Save-A-Lot opens in Atlantic City

    St. Louis -- Discount grocer Save-A-Lot, a wholly-owned subsidiary of Supervalu, opened its first store in Atlantic City, N.J., on May 17, becoming the first full-service grocery store within a 21-mile radius of the city.

  • New stores on tap for Miracle Mile Shops

    Las Vegas -- Miracle Mile Shops at Planet Hollywood Resort & Casino said that five new stores will open at the center, and several tenants will unveil newly renovated spaces.

    Garrett Popcorn will open this September in its first Las Vegas location; Jamba Juice has already opened its Miracle Mile Shops outlet, and blow-dry bar Dollheads will open this June. In November, GRATiAE will open a skin care products store.

  • River Drive Construction completes Sea Girt Square redevelopment

    Elmwood Park, N.J. -- River Drive Construction Co. said it has completed the re-development of the 44,000-sq.-ft. Sea Girt Square retail center, on behalf of Gottesman Real Estate Partners.

    River Drive served as construction manager for the project, which was completed in three stages to allow several existing tenants to remain in place. River Drive re-built the structure, raised the ceiling heights, re-clad all storefronts with floor-to-ceiling glass and installed entirely new mechanical systems. The project is located in Wall Township, N.J.

  • Boscov’s to open at two GGP malls

    Chicago -- General Growth Properties announced Thursday that Boscov’s department stores will open at White Marsh Mall, in Baltimore, and at Woodbridge Center, in Woodbridge, N.J.

    The 197,000-sq.-ft. Baltimore store is projected to open November 2012, and the 180,000-sq.-ft. Woodbridge Center store is slated to open August 2013

  • DSW to open at Capital City Mall

    Harrisburg, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that DSW will open a 17,400-sq.-ft. store at Capital City Mall in Camp Hill, Pa.

    To accommodate the footwear and accessories retailer, PREIT said that 5,000 sq. ft. of retail space is being added to the mall. A 2013 opening for DSW is anticipated.

  • CBL acquires Dakota Square Mall

    Minot, N.D. -- Chattanooga, Tenn.-based CBL & Associates Properties announced it has acquired Dakota Square Mall in Minot, N.D.

    CBL acquired the property from the Lightstone Group.

  • Potomac Mills to expand footprint

    Woodbridge, Va. -- Indianapolis-based The Mills, a Simon Property Group company, said that Potomac Mills, the largest outlet and value retail shopping destination in Virginia, will soon expand its footprint with the addition of an exterior transformation and two new restaurants: The Cheesecake Factory and Bobby’s Burger Palace.

    The project also includes the relocation of Saks Fifth Avenue Off 5th and the introduction of Buybuy Baby and Christmas Tree Shops.

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