Development/Redevelopment

New York City -- Triple Five Worldwide Development Co. LLC, owner of the Mall of America in Minnesota, reached a deal with lenders and New Jersey Governor Chris Christie to complete and expand the stalled Meadowlands Xanadu entertainment complex in East Rutherford, N.J., Bloomberg reported.

New York City -- SuperValu plans to increase the footprint of its value division Save-A-Lot by 160 new stores this year, GlobeSt.com reported.

“This past year we added 92 net Save-A-Lot stores, and this fiscal year we’re looking to add another 160 net stores,” a spokesman said in the report.

J.C. Penney has taken the wraps off its new retail concept, The Foundry Big & Tall Supply Co., opening the first location in Dallas. With the  first 10 stores due to open in the Dallas and Kansas City, Mo., markets by the end of May, J.C. Penney plans to expand concept nationwide to 100 stores by 2013, reaching a total of 300 stores over the next five years.

Averaging 5,000-sq.-ft., The Foundry offers a hip, unpretentious environment with flat-screen TVs tuned to sports, an oversized poker table and comfortable seating.

Plano, Texas -- The Foundry Big & Tall Supply Co., a new specialty retail concept for big and tall men from J.C. Penney, on Thursday made its retail debut in the Dallas area. Approximately 10 stores are expected to open in the Dallas and Kansas City, Mo., markets by the end of May. The company plans to expand the concept nationwide to 100 stores by 2013, reaching a total of 300 stores over the next five years.

Dallas -- 7-Eleven has signed an agreement to purchase Wilson Farms, a Buffalo-based convenience store chain with 188 locations in New York State, with an expected closing in the second quarter. Terms of the deal were not disclosed.

St. Louis -- Build-A-Bear Workshop is teaming up with Orlando International Airport to open a new store in mid-May. It will be the first Build-A-Bear Workshop store located inside an airport.

The Build-A-Bear Workshop store at Orlando International Airport will be located in the Main Terminal. The store will provide the same experience and interaction as mall-based Build-A-Bear Workshop retail locations.
 

Seattle -- REI (Recreational Equipment, Inc.), announced plans to open a new store in Greenville, S.C., this fall. It will be the company’s first location in Asheville, N.C.

The one-story, approximately 22,000-sq.-ft. store will include a bike shop for quick assemblies and repairs, and a seasonal gear rental department for customers looking to test new activities. It will also feature a community space for REI and its local partners to hold outdoor-related classes, presentations and events.

Brooklyn, N.Y. -- One of the largest commercial solar rooftop installations in the five boroughs has gone live. Ikea announced that the solar energy system on its store in Brooklyn, N.Y., now is commissioned, operational and certified by Con Edison and New York City. The 200 kW array occupies 19,000 sq. ft., with four different module types totaling 1,104 panels.

Austin, Texas -- T. Stacy & Associates, who has been involved with some of Austin’s most iconic buildings, announced that it will reconfigure street-level space in its headquarters building at 823 Congress Avenue to a size and quality sufficient to attract a major retailer and that it has begun an aggressive search to find the “perfect tenant.”

Tampa, Fla. -- RMC Property Group announced it has acquired Carrollwood Corporate Center in Tampa, Fla., and is expanding and moving its corporate offices to the office building.

The Class A office building encompasses 20,000 sq. ft.