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Development/Redevelopment

  • Winick Realty Group inks two leases in Corona, Queens

    New York City -- Winick Realty Group said that children’s retailer Youngworld leased 30,000 sq. ft. for a new three-story location in the Corona section of Queens, N.Y.

    The retailer has been a part of the community for more than 30 years, previously operating a 20,000-sq.-ft. location nearby. Built after the address had been ravaged by fire, the new, all-glass construction features 18-ft. ceilings and three floors of retail measuring 10,000 sq. ft. apiece.

  • Free People, Allen Edmonds to open Cleveland locations

    Woodmere, Ohio -- Urban Outfitters’ concept Free People, as well as men’s shoe retailer Allen Edmonds, will make their debut to the Northeast Ohio market when they open their doors at Eton Chagrin Boulevard.

    The Eton location is Free People’s first Ohio boutique while the only other Allen Edmonds stand-alone store in the state is an outlet store in Jefferson, Ohio.

  • Stirling Properties acquires Avant Properties

    Covington, La. -- Stirling Properties announced it has acquired Shreveport, La.-based Avant Properties, strengthening Stirling’s presence in the Gulf South.

    Avant Properties’ current personnel and portfolio will be integrated into Stirling Properties operations. 

  • Michaels to open at The Forum at Grandview

    Madison, Miss. -- Chattanooga, Tenn.-based CBL & Associates Properties announced that Michaels would join the second phase of The Forum at Grandview, a community center in Madison, Miss.

    Construction for the 83,000-sq.-ft. second phase is currently underway. In addition to Michaels, anchors will include Ulta, Homegoods, and Petco as well as 14,000 sq. ft. of specialty stores. The opening of phase II is scheduled for summer 2012.

  • Drafthouse Cinema to open at One Loudoun

    McLean, Va. -- One Loudoun Holdings, a joint venture of Miller and Smith and North America Sekisui House, and its retail development partner, Potomac Development Group, announced that Alamo Drafthouse Cinema will open a new location at One Loudoun in Loudoun County, Va.

    The 34,000-sq.-ft. Alamo Drafthouse Cinema will be the first in the
    Washington, D.C., market area. Construction will commence in spring 2012 with a projected opening in spring 2013.

  • Kohl’s to open Dallas DC to support e-commerce growth

    Menomonee Falls, Wis. -- Kohl’s Department Stores said Tuesday it will build a new e-commerce distribution center in DeSoto, Texas, outside Dallas.

    The 951,000-sq.-ft. DC, which is slated to open in summer 2012, will fulfill Kohls.com purchases. Kohl’s said it will close on the agreement once the building process is complete.

  • DDR and Anna's Linens partner to open three Puerto Rico stores

    Beachwood, Ohio -- Shopping center developer DDR Corp. said Monday that Anna's Linens will open three of its first Puerto Rico stores at DDR shopping centers.

    These new locations represent the most recent example of DDR's efforts to strategically reduce and reconfigure small shop space at attractive market rents with high-quality tenants.

  • Family Dollar on track for 450 to 500 stores this year

    New York City -- Family Dollar plans to continue aggressive growth in the current fiscal year, with 450 to 500 new stores on tap, CEO Howard Levine said at the company's annual shareholder meeting Thursday, The Charlotte Observer reported.

    The discounter also plans to open its 11th distribution center this year, to serve its stores in California where it has started expanding, the report said.

    Levine said Family Dollar will continue its store renovation program, making over another 1,000 locations.

  • Regency Centers announces executive management changes

    Jacksonville, Fla. -- Regency Centers Corp. announced changes in its executive management team. Bruce Johnson, executive VP and CFO has announced that he will retire at the end of 2012. Effective with his retirement, Lisa Palmer, senior VP of capital markets, will succeed him as CFO.

  • Bottom Dollar sets opening dates for Pittsburgh; Youngstown, Ohio stores

    SALISBURY, N.C. — Bottom Dollar Food announced grand opening dates for its first 14 stores in the greater Pittsburgh and Youngstown, Ohio, markets, with its first seven stores opening on Jan. 26. Seven additional stores will open on Feb. 9.

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