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Development/Redevelopment

  • Burger 21 signs first franchisee in Arizona

    Tampa, Fla. — Burger 21 has signed its first franchise agreement in Arizona. The deal will bring the first Burger 21 restaurant in the western U.S. to Chandler, Ariz., expanding the brand’s footprint to nine states.

    The franchisee plans to open in Chandler next year and then to pursue a second unit in Phoenix. To date, Burger 21 has nine open locations and 17 franchised restaurants in development across the country.

     

  • Lakeforest Mall will spend $1.2 million on improvements

    Gaithersburg, Md. — Lakeforest Mall in Gaithersburg, Md., today announced a $1.2 million renovation plan. Improvements will include a reconfiguration of the center court, a new and improved children’s play area and new furniture for the food court.

    Work will level the 5,245-sq.-ft. center court to create a space that will host community events such as the Lunar New Year Celebration, Summer Camp Expo and holiday promotions. Center court renovations will finish up by early November.

  • Tourbillon Boutiques open in Seattle, Dallas and Las Vegas

    Weehawken, N.J. — The Swatch Group Ltd. has announced the expansion of its Tourbillon Boutique network into Seattle, Dallas and Las Vegas.

    The Seattle location, in the Fairmont Olympic Hotel, features The Swatch Group Service Center. In Dallas, Tourbillon Boutique will open its first Texas location at NorthPark Center. In Las Vegas, the boutique will relocate to a 3,800-sq.-ft. space in The Shops at Crystals.

     

  • Mayfair Collection signs Off 5th, Old Navy and Carter’s

    Chicago — Saks Fifth Avenue Off 5th, Old Navy and Carter’s have inked leases for space at The Mayfair Collection, a 270,000-sq.-ft. shopping center in Wauwatosa, Wis. Nordstrom Rack, Dick’s Sporting Goods and Ulta Beauty have also made lease commitments to the project.

    HSA Commercial Real Estate, the developer, broke ground on the project in April. HSA Commercial is adaptively repurposing an obsolete warehouse development into The Mayfair Collection retail shopping center.

     

  • Snack Taverna goes to Hell’s Kitchen

    New York — Snack Taverna, the popular West Village restaurant in New York City, has signed a lease to extend its concept into a 1,100-sq.-ft. space in Hell’s Kitchen, according to Winick Realty Group, which represented the tenant in the transaction.

     

  • Nespresso opens redesigned Boston flagship

    New York -- Nespresso announced the opening of its redesigned Boston flagship. The 2,400-sq.-ft. space is located in Boston's Back Bay neighborhood.

    “We are thrilled to offer an enhanced premium coffee experience to Boston residents and visitors with our newly redesigned Boutique,” said Frederic Levy, president, Nespresso USA. “The Boutique will offer visitors a chance to connect with the brand in a uniquely sensorial way, and is exemplary of Nespresso's commitment to the highest-quality coffee, products, and customer service.”

  • 13 not so lucky for Fairway Group Holdings

    NEW YORK — In its first quarter as a public company, Fairway Group Holdings Corp., the parent company of Fairway Market, reported tepid financial results for its fiscal 2014 first quarter ended June 30.

  • 99 Cents Only set for growth amid Q1 2014 results

    CITY OF COMMERCE, Calif. — 99 Cents Only expects to increase its store count by approximately 10% exclusively in existing markets in fiscal 2014, following the company's first quarter results for the period ended June 29.

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