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Development/Redevelopment

  • Gap taps Schimenti Construction for Athleta NYC flagship

    Ridgefield, Conn. -- Gap tapped Schimenti Construction to build the company’s flagship Athleta location in New York City.

    The 3,922-sq.-ft. store, which features performance apparel and gear for the active woman, is in a landmark building on Columbus Avenue, in Manhattan. The space was completed in 13 weeks from start to opening.

  • Kroger to make record investment in new Virginia store

    Richmond, Va. -- Charlotte, N.C.-based Crosland Southeast said it broke ground Friday on Richmond MSA’s newest multi-use development, Stonebridge, which will occupy the site of the former Cloverleaf Mall in Chesterfield County, Va.

    The first phase of Stonebridge includes the construction of 144,000-sq.-ft. of retail space – most notably, a 123,600-sq.-ft. Kroger Marketplace grocery store that will be the region’s largest and the company’s most expensive to date.  

  • C. Wonder makes retail debut

    New York City -- A new concept, C. Wonder, has made its retail debut, opening a 5,000-sq.-ft. store in Manhattan’s SoHo neighborhood. The company is on track to open three mall  locations this fall: Garden State Plaza, Paramus, N.J.; The Westchester Mall, White Plains, N.Y.; and Roosevelt Field, Garden City, N.J.  An additional 20 locations are planned for 2010, according to various reports.

  • Timberland to open in Minneapolis

    Stratham, N.H. -- Timberland announced it will open a store in the Calhoun Square shopping district of Minneapolis on Nov. 18.

  • Cabela’s beats Street with 68.7% profit surge in Q3

    Sidney, Neb. -- Outdoor retailer Cabela’s reported Thursday that profit for the third quarter surged 68.7% to $33.3 million, compared with $19.7 million in the year-ago period. Results surpassed analysts’ expectations and mark the third straight quarter of profit rises.

    Revenue rose 6% to $678.6 million, missing Wall Street’s expected $681.5 million.

  • Brixmor names regional executive

    New York City -- Brixmor Property Group said Wednesday it has appointed Thomas W. Litzler as senior VP, central region.

    Based in Chicago, Litzler will serve as the asset manager for the region, directing leasing, property operations and redevelopment activity for 11.7 million sq. ft. of community and neighborhood shopping centers in Illinois, Indiana, Iowa, Kansas, Minnesota, Missouri and Wisconsin.

  • Dollar Tree opens at Applegate Ranch Shopping Center

    Atwater, Calif. -- Jacksonville, Fla.-based Regency Centers said that Dollar Tree has leased retail space in Atwater, Calif., at Applegate Ranch Shopping Center.

    Dollar Tree leased 9,264 sq. ft. and is now open. The 464,136-sq.-ft. shopping center is anchored by a Super Target, Walmart, Marshalls and Petco.
     

  • Hutton Co. names senior execs

    Chattanooga, Tenn. -- Development, construction, brokerage and property management firm The Hutton Co. said Thursday that Geoff Smith and Bob Elliot, formerly of CBL & Associates, have joined the company.

    Karen J. Hutton, owner of the Hutton Co., will retain her title as CEO and Geoff Smith will serve as president. Bob Elliott has been named VP of Hutton Construction.

  • Pet Valu to open at Ocean Heights Shopping Center

    Somers Point, N.J. -- Brixmor Property Group announced a 2,400-sq.-ft. lease has been executed with Pet Valu at Ocean Heights Shopping Center, located in Somers Point, N.J. 

    Brixmor, based in New York City, is the owner of Ocean Heights Shopping Center.
     

  • Hamilton Plaza renovation nears completion

    Hamilton Township, N.J. -- North Plainfield, N.J.-based Levin Management said Thursday that its year-long, multi-million dollar renovation of 59-year-old Hamilton Plaza is nearing completion. The renovation of the 184,272-sq.-ft. center, located in Hamilton Twp., N.J., includes significant upgrades to the common areas, and the addition of two pad sites and a 10,000-sq.-ft. end cap.

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