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Development/Redevelopment

  • Tiffany to open SoHo store in 2012

    New York City -- Tiffany & Co. said Thursday it plans to open a store in New York’s SoHo neighborhood in September 2012.

    The 7,000-sq.-ft. store will occupy a space that combines two locations -- 97 Greene Street and 106 Wooster Street. 

    The 2012 opening corresponds to Tiffany’s 175th anniversary of its founding on Lower Broadway in the 1850s.

  • Planet Fitness to unveil Manhattan flagship

    New York City -- Planet Fitness said Wednesday that it will open a Manhattan flagship location in Chelsea, at 158 West 27th Street, and is slated to open in early 2012.

    The 20,000-sq.-ft. center will be housed at Himmel + Meringoff Properties’ 12-story, 117,000-sq.-ft. office building which has recently undergone a multi-million-dollar renovation.

    Planet Fitness currently operates its only New York City fitness center in Harlem on 125th Street.

     

  • 1800mattress.com leases 2,500 sq. ft. in Brooklyn

    New York City -- Winick Realty Group announced that 1800mattress.com has leased its third Brooklyn location at 2417 Flatbush Avenue, one block from Kings Plaza in the Flatbush -- Ditmas Park neighborhood.

    The 2,500-sq.-ft. store was formerly home to Jennifer Convertibles.

    The new location is the retailer’s 52nd in the northeast from Virginia to New Hampshire.
     

  • Two new leases signed at Shoppes at Fairhope Village

    Fairhope, Ala. -- Jacksonville, Fla.-based Regency Centers said it has leased retail space in Fairhope, Ala., to two new tenants.

    Fairhope Cosmetic Dentistry leased 2,000 sq. ft. of medical office space and opened in August. Additionally, Roy Rose Jewelry has leased 2,000 sq. ft. of retail space and is slated to open in the middle of September.

    The 84,740-sq.-ft. shopping center is anchored by Publix Super Market alongside national retailers such as Merle Norman and Iberia Bank.
     

  • Organic market to open at Rockville Town Square

    Rockville, Md. -- Federal Realty Investment Trust announced that Ellwood Thompson’s has finalized a lease to open a local, organic market at Rockville Town Square in Rockville, Md.

    The new grocer will operate under the name Dawson’s Market and the store is slated to open spring 2012.

    Dawson’s Market at Rockville Town Square will house approximately 15,000 sq. ft. of local and organic produce, meats, cheeses, prepared foods and baked goods.
     

  • Nordstrom Rack, Esprit to locate at newly rebranded Outlets at Orange

    Orange, Calif. -- Indianapolis-based Simon Property Group said that its Block at Orange shopping center will officially be rebranded as The Outlets at Orange.

    The new name will signify its distinction as the only outlet and value retail destination in Orange County, Calif. Among the new retail names at the center will be Nordstrom Rack and Esprit.

  • Ascena Retail Q4 profit drops on charge, to open 125 to 135 stores

    Suffern, N.Y. -- Ascena Retail Group, owner of the Dressbarn, Maurices and Justice chains, reported Wednesday that net income for the quarter ended July 30 fell to $28.2 million, from $42 million in the year-ago period on one-time charges and a shorter quarter for the performance slide.

  • J.C. Penney’s new Dallas store reflects chain’s commitment to energy

    Dallas -- J.C. Penney Co. will unveil the newest iteration of its store model with the opening of its new Dallas store in the TimberCreek Crossing shopping center on Sept. 30.

    The 105,000-sq.-ft. single-level store provides an assortment of services under one roof, including dedicated in-store environments for MNG by Mango and a 1,700-sq.-ft. Sephora shop.

  • Report: Victoria’s Secret set to debut in Russia

    Moscow -- Multiple sources in Moscow on Wednesday said that Victoria’s Secret will open its first Russian store in Moscow on Sept. 30.

    According to local paper Vedomosti Business Daily, experienced American brand franchisee Moneks will open four Victoria’s Secret stores in and around Moscow prior to year’s end.

  • Retailer shifts occur on Madison Avenue

    New York City -- A series of retailer moves on Madison Avenue has allowed for expansion and improved adjacencies in one of Manhattan’s luxury shopping meccas.

    According to Prudential Douglas Elliman’s Retail Group, Italian luxury sportswear retailer Paul & Shark has opened in the Hartz Mountain Building at 667 Madison Avenue, replacing Michael Kors. In turn, Michael Kors will move to the current Steuben store and open a new flagship when the glassmaker departs the space.

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