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Development/Redevelopment

  • Cabela’s to open Outpost store in Waco, Texas

    Sidney, Neb. -- Cabela’s Inc. announced plans to open a 42,000-sq.-ft. Cabela’s Outpost store in Waco, Texas.

    Construction is scheduled to begin this spring and doors are expected to open this fall. It will be the company’s fourth store in Texas, joining the Fort Worth, Buda and Allen locations.

  • Meijer invests big in new stores, remodels

    GRAND RAPIDS, Mich. — Meijer is investing more than $160 million in new store construction and remodeling.

    The investment includes the construction of six new Meijer supercenters and major remodel projects for an additional five stores. Michigan, Indiana and Illinois will each welcome two new Meijer supercenters, with remodel projects planned at an additional four Michigan stores and one Meijer location in Illinois.

  • Corner Bakery Café to open 16 locations in greater New York area

    Dallas -- Corner Bakery Cafe announced plans to open 16 restaurants in six counties in the greater New York City area as part of a recent multi-unit agreement with CBCWSNY. The group of restaurant operators plans to open its first restaurant in 2013 and the remaining sites over the next six years.

    Corner Bakery Cafe opened 20 new cafes and signed another 125 cafes in 2012, raising the total to 147 open cafes and 288 cafes under development, as the company moves forward on its goal to double its U.S. footprint by the end of 2015.

     

  • Meijer investing $160 million in new stores and remodels

    Grand Rapids, Mich. -- Meijer is investing more than $160 million in new store construction and remodeling.

    The investment includes the construction of six new Meijer supercenters, and five major remodel projects.  Michigan, Indiana and Illinois will each welcome two new Meijer supercenters. The remodels planned at an additional four Michigan stores and one Meijer location in Illinois.

  • Report: Apple to relocate 20 stores

    New York -- Apple Inc. will shut down 20 stores and move them to new, larger locations, according to the Los Angeles Times.

    Tim Cook, CEO of Apple, said that the company is looking to relocate the stores in order to make them larger.

    The company also will open 30 additional stores at new locations, mostly outside the United States, including its first location in Turkey.

     

  • Gander Mountain opens firearms superstore in Ohio

    New York -- Gander Mountain is giving more space to guns and related accessories at store at its store in Reynoldsburg, Ohio. The outdoors retailer has renovated the location into the Gander Mtn. Firearms Super Center.

    The redesigned Reynoldsburg store offers thousands of new and used firearms, along with broad selection of firearms accessories, specialty apparel and ammunition. It has firearms specialists on duty to give shoppers personalized service.

  • Report: Shopping center industry Q4 profit rises 4.3%

    New York -- A report released Thursday by the National Council of Real Estate Investment Fiduciaries and the International Council of Shopping Centers said that the U.S. shopping center industry’s net operating income for the fourth quarter continued to show a strong gain nationally, rising 4.3% year-over-year.  

    Total operating income of all U.S. shopping centers on a square foot basis rose 3.6% over the year-ago period.

    For all of 2012, the U.S. shopping-center industry posted a 3.6% rise in NOI.

  • Whirlpool, Habitat build hope in Benton Harbor

    BENTON HARBOR, Mich. -- Whirlpool Corporation (WHR) and Harbor Habitat for Humanity have completed construction on the homes built in partnership with Tynisha Murphy and the Patterson family, dedicating the homes in a ceremony that took place Dec. 8. The builds took place on side-by-side lots in the Harbor Shores community of Benton Harbor. 

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