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Development/Redevelopment

  • Crystals at CityCenter honored for sustainability

    Las Vegas -- Crystals at CityCenter, a 500,000-sq.-ft. retail and entertainment center in Las Vegas, was honored with the International Council of Shopping Centers' (ICSC) VIVA Best--of-the-Best Award in the category of sustainability. The award was announced on May 20, during the ICSC's annual global retail real estate convention, RECon, in Las Vegas.
     
    Crystals, which is LEED Gold certified, is the largest retail destination to achieve the Gold level.
      

  • Target to open single-level store in New Mexico

    Minneapolis — Target will open a single-level store in New Mexico, the first of its kind in the state. The store, located in Albuquerque, is scheduled to open in 2013 and will occupy 155,000 sq. ft.

  • Retail real estate’s biggest show kicks off

    Las Vegas -- On Monday morning, RECon 2012, the International Council of Shopping Centers’ annual retail real estate convention in Las Vegas, kicks off with an expected 31,000+ attendees from around the globe.

    Running through Wednesday, May 23, RECon will encompass three halls of the Las Vegas Convention Center – or over 1 million sq. ft. – with more than 1,000 companies exhibiting and highlights such as The Cities of the World Pavilion and a keynote presentation by Leslie H. Wexner, founder of Limited Brands.
     

  • Boscov’s to open at two GGP malls

    Chicago -- General Growth Properties announced Thursday that Boscov’s department stores will open at White Marsh Mall, in Baltimore, and at Woodbridge Center, in Woodbridge, N.J.

    The 197,000-sq.-ft. Baltimore store is projected to open November 2012, and the 180,000-sq.-ft. Woodbridge Center store is slated to open August 2013

  • Save-A-Lot opens in Atlantic City

    St. Louis -- Discount grocer Save-A-Lot, a wholly-owned subsidiary of Supervalu, opened its first store in Atlantic City, N.J., on May 17, becoming the first full-service grocery store within a 21-mile radius of the city.

  • Subway plans 1,200 stores for 2012, making deals at RECon

    Milford, Conn. -- Sandwich mega-chain Subway said Friday that it has set 2012 development goals of 1,200 North American locations and, toward that end, said a large contingent of company representatives will be in attendance at the International Council of Shopping Centers’ RECon event in Las Vegas, May 20-23.

  • Combined Properties names development and acquisitions exec

    Washington, D.C. -- Combined Properties said that Randy Kenna has joined the company as senior director of development & acquisitions. 

    He will be leading the acquisition of new value-add/redevelopment retail and mixed-use projects while also redeveloping portions of Combined's portfolio of retail centers in the region.
     

  • DSW to open at Capital City Mall

    Harrisburg, Pa. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that DSW will open a 17,400-sq.-ft. store at Capital City Mall in Camp Hill, Pa.

    To accommodate the footwear and accessories retailer, PREIT said that 5,000 sq. ft. of retail space is being added to the mall. A 2013 opening for DSW is anticipated.

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