Development/Redevelopment

Philadelphia -- Men’s and women’s apparel retailer, Theory has taken 3,000 sq. ft. at 1616 Walnut Street in Center City Philadelphia near Rittenhouse Square, according to Fameco Real Estate.

Fameco represented the building’s ownership group of Federal Capital, Alterra Property and Cross Properties in the transaction.

Minneapolis -- Target said it plans to open a new store in Spokane, Wash., in July 2014.

The 135,000-sq.-ft. store, part of the Regal Plaza shopping center, will be the retailer’s third location in the Spokane area.

Chestnut Hill, Mass. -- Swedish children’s wear brand Polarn O. Pyret USA has opened its first Boston-area store at THE STREET in Chestnut Hill, according to WS Development, the center’s developer and owner. This is the fifth Polarn O. Pyret (pronounced POH-lahrn oh PEE-rhet and nicknames PO.P) in the U.S. and the fourth on the east coast.

Greer, S.C. -- Buffets, the parent company of six family style steak buffet restaurant chains, has named Chip Romp to the newly created position of VP Training and Jay Allen to Senior VP Real Estate and Development.

A 20-year training veteran, Romp comes to the company from the Italian Fast Casual concept Fazoli’s, where he served as VP Training, Development & Ops Services. He also has training experience with Applebee’s International, Damon’s International and Jillian’s Entertainment.

Miami -- Three new retailers opened at The Palms at Town and Country in Miami during May. They include a 23,070l-sq.-ft. Total Wine & More, a 2,518-sq.-ft. Voodoo BBQ & Grill, a New Orleans-style barbecue restaurant, and a 2,119-sq.-ft. Crazy 8, a kids’ line retailer from Gymboree Corp.

Under construction now and opening in November is a 47,982-sq.-ft. DICK’s Sporting Goods.

Los Angeles -- Sports Chalet has unveiled a sleek, smaller format in downtown Los Angeles, opening a 27,000-sq.-ft. store at Brookfield Properties’ FIGat7th mall. The center, which opened in 1986, reopened last year after a $40 million renovation.

The modern layout, designed by Gensler, puts the emphasis on education and training, and features a dedicated central area, called the “Expert Center,” for classes and clinics. The new layout also includes flexible fixtures and modules that allow for the store to be transformed overnight.

Minneapolis - Target announced plans to open new stores in Fresno and Rocklin, Calif., in March 2014.

The Fresno store will be part of the Marketplace at El Paseo shopping center. The Rocklin store will be part of the Rocklin Commons shopping center.

The Fresno Northwest store will be approximately 140,000 sq. ft.

Atlanta - Spanx, the fast-growing dollar undergarment and apparel company, will open a custom designed, expanded company headquarters and a flagship store in Buckhead Atlanta, a major mixed-use project in the heart of the area’s business district. (The project, now under construction, was initially called Streets of Buckhead.)

The headquarters will occupy three floors, a rooftop garden terrace and additional balconies. Spanx is anticipated to move in November 2014.