NEW AND EXPANDING CENTERS - UP TO 200,000 SQ. FT.
CALIFORNIA
Groveland: Planned 175,000 sq. ft. Yosemite Gateway Plaza on 33 acres between Big Oak Flat and Groveland on the S side of Hwy 120 ("The Scar"); project to include a supermarket, restaurants, an IMAX movie theater, a Yosemite National Park Visitors Center; in addition, project could also include two hotels; developer Tom Dashiell, P.O. Box 5125, Berkeley, CA 94705.
Moorhead: Construction may have already begun on $25 million, 72,000 sq. ft. Campus Plaza on 7 acres at SW corner of Collins and Campus Park; project to house a Jack in the Box, coffee shop, juice bar, tanning salon, urgent care center and physical therapist; four buildings, including two two-story retail and office buildings and two freestanding structures may house a bank and a small grocery stores; in addition, a gas station and car wash will open on the property; opening fall; developer M&M Development (David Morehead), Camarillo, CA; leasing Westcord Commercial Real Estate ( Don Swanson), 951 Westlake Blvd, Ste. 101, Westlake Village, CA 91361, (805) 497-4557.
COLORADO
Frisco: Planned 120,000 sq. ft. Summit Stage on 10 acres behind the Frisco Station Shopping Center in Summit County; project to include two separate wings of local and national retail space and two restaurant pads; one wing would be dedicated to small, boutique-style establishments and the other wing would house junior anchors, such as Bed, Bath and Beyond; in addition, developer is in discussions to purchase additional property which is adjacent to the site; developer Alberta Development Partners (Peter Cudlip), 5460 S Quebec St, Ste. 210, Englewood, CO 80111, (303) 771-4004.
OKLAHOMA
Moore: Site development to begin in April on 78,000 sq. ft. Riverwalk Centre at SW quadrant I-35 and SW 19 interchange; anchor Gordman’s Department Store 18,000 sq. ft.; small shop space will contain six to eight fashion-type tenants that will sell everything from shoes and apparel to hair care projects and services; opening Nov; developer Pine Tree Commercial Realty (Rich Evans), 51 Sherwood Terrace, Ste. C, Lake Bluff, IL 60044, (708) 735-0600.
TEXAS
Addison: New owner plans repositioning of 130,926 sq. ft. Prestonwood Place on 16 acres at SE corner of Belt Line Rd and Montfort Dr; developer looking for higher-end retailers to complement the existing array of upscale restaurants and retailers in the area; center is currently 60% leased; average household income $78,000 within 5 miles; developer Rushmore Properties, LLC, 414 N Orleans St, Ste. 210, Chicago, IL 60610, (312) 755-9411.
Kingwood: Phase three development continues on 177,000 sq. ft. Kingwood Commons on 20 acres at corner of Loop 494, immediately adjacent to US 59 (See SCD, P. H666); 78,000 sq. ft. lifestyle section to include Talbot's, Chico's, Ann Taylor Loft, James Avery Craftsman, Bombay/BombayKids, K's Art & Frame, Claire's, Jos. A. Bank, Pei Wei Asian Diner, Berryhill Tameles and Tacos, Carrabba's Italian Grill and newest signed tenant Cold Stone Creamery 1500 sq. ft.; phase three opening in Nov; developer Planned Community Developers, LLC c/o Sugarland Properties (Bea Naranjo), 4665 Sweetwater Blvd, Ste. 100, Sugar Land, TX 77479, (281) 242-2000.
VERMONT
Derby: Construction has begun on Derby Plaza at Rt 5 at exit 28 of I-91 in Orleans County (See SCD, P. E425); Shaw’s 60,000 sq. ft. to open early summer; project will also include 20,000 sq. ft. of retail space adjacent to Shaw’s and pad sites; in addition, 21 acres to the rear of the center is available for future construction; developer National Realty & Development Corp (John Orrico), 3 Manhattanville Rd, Purchase, NY 10577-2117, (914) 694-4444.