Development/Redevelopment

Keller, Texas -- Jacksonville, Fla.-based Regency Centers said that Bear Creek Running Co. will open a new store at Keller Town Center, located in Keller, Texas.

The new 1,200-sq.-ft. store is slated to open Jan. 2012.

Keller Town Center is a 114,937-sq.-ft. shopping center anchored by a 63,631-sq.-ft. Tom Thumb alongside national retailers such as Starbucks, Pizza Hut and RadioShack.

Mumbai, India -- A Monday report by Reuters said that the world’s third-largest retailer Tesco Plc has delayed its plans to set up wholesale stores in India, as it faces mountains of political red tape and controversy in the country.

Reuters, citing a report in the Business Standard newspaper, said that the supermarket giant will instead focus on setting up warehouses and back-end infrastructure. 

Dubuque, Iowa -- Youngstown, Ohio-based Cafaro Co. announced that Dubuque, Iowa, will get its first Ulta store, as the cosmetics retailer is about to break ground on a 10,000-sq.-ft. store at Kennedy Mall.

The new store is slated to open in the second half of 2012.
Kennedy Mall is a 700,000-sq.-ft. mall featuring Younkers, Dick’s Sporting Goods, Sears, J.C. Penney and Best Buy. It is owned and managed in association with Cafaro affiliated companies.
 

Bethesda, Md. -- Streetsense announced it is bringing a new Japanese sushi restaurant, Passion Fin, to The Shops at Sumner Place, in Bethesda, Md. The 2,959-sq.-ft. restaurant is scheduled to open in early 2012.

The Shops at Sumner Place is a Safeway-anchored retail center adjacent to the 28-acre Sumner Village condominium community. Other stores within the center include CVS Pharmacy, Starbucks, Bethesda Market, Praline French Bakery and Restaurant, Chico’s, a fitness center, and a variety of other stores and services.

Indianapolis -- Simon Property Group announced that, in 50/50 partnership with Genting Berhad, it has opened Johor Premium Outlets, its first Premium Outlet Center in Southeast Asia.

The center encompasses 173,000 sq. ft. of GLA featuring 80 stores and is strategically located in Johor Bahur, Malaysia. A grand opening celebration will take place on December 11.

Yonkers, N.Y. -- Forest City Ratner Cos., the developer of Westchester’s Ridge Hill, in Yonkers, N.Y., announced that four new retailers have completed leases and will be opening their stores during the spring/summer 2012. They are LA Fitness; T.J. Maxx; Pandora and Francesca’s Collection.

Additionally, Guitar Center, which had previously executed a lease, will be opening its new store at Ridge Hill during the December holiday season. These new stores will occupy 108,939 sq. ft. at Westchester’s Ridge Hill.

Queens, N.Y. -- Onex Real Estate Partners announced the grand opening of local bakery chain, Fay Da Bakery, at Sky View Center, Queens’ newest regional multi-level mall, located in downtown Flushing, N.Y. 

The specialty bakery chain leased 1,650 sq. ft. of retail space on Level B of the 800,000-sq.-ft. mall, which caters to a population density of over 750,000 people living within three miles. 

Cherry Hill, N.J. -- Philadelphia-based Pennsylvania Real Estate Investment Trust said that True Religion has opened at Cherry Hill Mall, located in Cherry Hill, N.J.

The 1,500-sq.-ft. fashion denim store is located by the Grand Court.