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Hospitality

  • AMC to open eight screens at Streets of St. Charles in St. Louis

    Peoria, Ill. — AMC Theatres plans to open a new 40,000-sq.-ft. eight-screen theater complex at the Streets of St. Charles, a 400,000-sq.-ft. mixed-use project in the St. Louis metropolitan area.

    Slated to open in the fall of 2014, AMC will join a mix of retail, restaurant and office tenants. Restaurants include Tucanos Brazilian Grill, Prasino and Five Guys Burgers & Fries. Bar Louie plans to open next spring.

  • Crossroads at Terrell to break ground late next year

    Dallas — The Retail Connection and Oakridge Investments have announced a partnership to build the Crossroads at Terrell, a regional power center at the intersection of I-20 and U.S. Highway 80 in Terrell, Texas. The 225,000-sq.-ft. Phase I of the development will break ground late next year.

  • The Fresh Market opens in One Loudoun

    Ashburn, Va. — One Loudoun Downtown, a joint venture of Miller and Smith and North America Sekisui House, has announced the opening of a 23,800-sq.-ft. The Fresh Market.

    One Loudoun is a 358-acre master planned community in Loudoun County, Va., that includes 1,040 homes, 702,000 sq. ft. of retail, a luxury hotel and three million sq. ft. of office space.

    The Fresh Market currently operates 144 stores in 26 states.

  • DSW, Havertys to Fort Worth’s Alliance Town Center

    Fort Worth, Texas — Trademark Property Co. has announced the opening of a 15,000-sq.-ft. DSW Designer Show Warehouse and a 35,000-sq.-ft. Havertys, a full-service home furnishings retailer, in Alliance Town Center in north Fort Worth, Texas. Both are scheduled to open Labor Day weekend of 2014.

    Construction is scheduled to begin late this year or early next year on both stores. In addition, construction continues on several other tenants, including two new eateries scheduled to open this December.

  • Hammer & Nails, Los Angeles

    Hammer & Nails — The Nail Shop for Guys has opened its debut location in Los Angeles, on Melrose Avenue. The new concept offers men a handsome, more customized—and more comfortable— alternative to female-centric nail salons.

  • Quantum Capital arranges refi for Las Vegas retail centers

    Beverly Hills, Calif. — Quantum Capital Partners, a real estate finance and advisory firm, has arranged two new loans to refinance two retail properties in Las Vegas for a private investor.

    A $1.04 million loan will refinance the 12,000-sq.-ft. El Mercado, an L-shaped retail center in east Las Vegas, and a $1.19 million loan will refinance Wigwam, a 10,300-sq.-ft. strip center about four miles south of the Las Vegas Strip.

  • Subway extends mall lease in Mount Vernon, Ill.

    Mount Vernon, Ill. — Sansone Group and Pine Tree Commercial Realty LLC have signed a lease extension with Subway restaurant at Times Square Mall in Mount Vernon, Ill. As part of the extension, Subway will expand its restaurant by approximately 500 sq. ft.

    Sansone Group (www.sansonegroup.com) and Pine Tree (www.pinetreecommercial.com) own the 269,328-sq.-ft. center in partnership with the Wanxiang America Real Estate Group.

  • Starbucks wants to hire 10K vets, active duty spouses

    Seattle – Starbucks says it will develop a comprehensive hiring platform for veterans and active duty spouses in response to record growth and in anticipation of a 500,000-person future global workforce. This multi-year hiring and career development strategy will focus on establishing an internal infrastructure dedicated to matching the transferable skill sets of veterans and military spouses with the specific talent needed across the Starbucks enterprise.

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