Restaurant

Any early skepticism about the longevity of mixed-use has been silenced. The art of combining components to create a live-work-play project has evolved into a science. And those that have become particularly adept at building, leasing and managing mixed-use properties say that the right formula makes for a successful development. 
Chain Store Age talked with three top developers of mixed-use projects and uncovered several trends that are governing, and continuing to evolve, the format.


Trend #1: Adding local flavor 


Indianapolis -- Kite Realty Group said that that Marco’s Pizza has leased 1,737 sq. ft. at Bridgewater Marketplace, located in Carmel, Ind. Bridgewater Marketplace has a total GLA of 55,180 sq. ft.

Great Clips has leased 1,627 sq. ft. at Naperville Marketplace located in Naperville, Ill., a 162,111-sq.-ft. center anchored by TJ Maxx, Petsmart and Caputo’s Fresh Market.

Learning Express Toys has leased 3,704 sq. ft. at Oleander Point in Wilmington, N.C., a 57,782-sq.-ft. Whole Foods-anchored center.
 

New York City -- A KFC restaurant in Indianapolis has been awarded LEED (Leadership in Energy and Environmental Design) Gold certification by the U.S. Green Building Council. It is the state's first LEED-certified retail establishment.

Orlando, Fla. -- Crossman & Co. said Friday it has negotiated three lease agreements totaling 4,955 sq. ft. at shopping centers in Largo and Marco Island, Fla.

Sage’s West Bay Bistro leased 2,023 sq. ft. for five years at Pinellas Shopping Center, in Largo. At the West Bay Village Town Centre, in Largo, La Chic salon and spa leased 1,632 sq. ft. for three years. And, Harrison negotiated a new lease at the Shops of Marco, in Marco Island, along with Sapphire Dry Cleaners for 1,300 sq. ft.
 

Canton, Mass. -- Dunkin' Brands Group, parent to Dunkin' Donuts and Baskin-Robbins, said Friday that its international president Neal Yanofsky has resigned the company by mutual agreement.

Dunkin’s has initiated a search for his replacement. In the interim, CEO Nigel Travis will assume reporting responsibility for Dunkin' Donuts International, and Neil Moses, Dunkin' Brands CFO, will assume responsibility for Baskin-Robbins International.
 

Elkridge, Md. -- Jacksonville, Fla.-based Regency Centers said that it has leased retail space in Elkridge, Md., at Elkridge Corners shopping center to Green Valley Markets. 

A Baltimore-based grocery wholesaler/retailer founded in 1915, B. Green & Company is opening its third retail location and its first new full-service neighborhood supermarket concept Green Valley Markets in a 39,571-sq.-ft. space. Interior and exterior store improvements will begin this month. The store opening date is still to be finalized.

Atlanta -- Jones Lang LaSalle announced Tuesday that Rally Capital Services, LLC, and Pacific Avenue, LLC, have chosen the firm to lease and manage their open-air centers.

Rally Capital selected Jones Lang LaSalle Retail to lease and manage Kendall Marketplace, a 750,000-sq.-ft. regional power center in Yorkville, Ind., anchored by Dick’s Sporting Goods, Kohl’s, SuperTarget and The Home Depot.

Ann Arbor, Mich. -- Domino's Pizza announced that at after just three months since its launch, the new Domino's App for iPhone and iPod touch has achieved $1 million in sales over a single week.

The app, offering customers the ability to order from almost all of Domino's nearly 5,000 U.S. locations with no login required, is well-received by consumers and fans.