Real Estate

Washington, D.C.’s biggest new development, as well as its first waterfront development in decades, will open in grand fashion on Oct, 12 with an appearance by the Foo Fighters.   

Art Van Furniture will take over a 34,000-sq.-ft. space vacated by H.H. Gregg at Gurnee Town Center in Illinois, according to owner Retail Properties of America, Inc. The electronics chain filed for Chapter 11 bankruptcy protection earlier this year.   Art Van will bring the center to 98% occupied, according to RPAI, joining DSW, Old Navy, Starbucks, Ross Dress for Less, Five Below, and Bath & Body Works at the center west of Waukegan.  

Amazon is building another fulfillment center in the Buckeye State.   The online giant will open a new 650,000-sq.-ft. warehouse in Euclid, Ohio — its fifth in the state. The company recently announced upcoming fulfillment centers in the cities of Monroe and North Randall, and it currently operates warehouses in Etna and Obetz.  

“Our belief is that retail and mixed-use places need to evolve or risk irrelevance,” said Trademark Property Co. CEO Terry Montesi, who’s putting that belief to the test at a mixed-use center in Baton Rouge, Louisiana.  

A tech-savvy retailer with an unusual business model is expanding its brick-and-mortar footprint nationally.    b8ta announced plans to open four new stores, designed by Gensler, with locations in San Francisco, San Jose, Calif. (Santana Row), Houston (Galleria), and New York City. The expansion, which brings the company's total store count to nine, kicks off with the opening of a store in San Francisco’s Hayes Valley neighborhood on Sept. 29.  

Williams Sonoma is expanding its new dedicated home furnishings store format.  

Big Lots has finally unwrapped its store of the future.   Located in the company's hometown of Columbus, Ohio, the store has a less promotional, softer look. Gaudy, aggressive signs have been replaced with more traditional aisle markers and color coding have replaced the chain's signs that "shouted" at customers, Columbus Business First reported. Customers are greeted with a big "Hello" on a wall as they enter, with a "thank you" sign on the way out.  

Japanese fast-fashion retailer Uniqlo is going all out for denim in Los Angeles.   The company, part of Fast Retailing Group, will open a special store dedicated to denim in the Arts District of Los Angeles this fall/winter. The new "denim concept" shop will be Uniqlo's 47th location in the U.S., and ninth in the L.A. region following the opening at Westfield Santa Anita mall earlier in September.