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Entertainment Specialty Projects
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Entertainment Specialty Projects Legend Properties, Inc. Commercial Real Estate is preleasing The Riverwalk at Penns Grove, a 191,000 sq.ft. center located at the intersection of West Main Street and Delaware Avenue in Penns Grove, NJ. The site is located near the Delaware Memorial Bridge and will include retail, office, restaurant and entertainment space. The Riverwalk is a decorative promenade connecting to an 800-foot pier and offers a view of the bridge. The center will be situated on a land area of 25 acres and consist of seven buildings. Building one will have a GLA of 40,000 sq.ft. and will include a Jersey Sailor Restaurant and Show; building two will have two floors and include retail spaces from 1,400 sq.ft. to 7,000 sq.ft. and a hotel room with 28 rooms; building three will have retail sites from 1,400 sq.ft. to 7,000 sq.ft., as well as 32 extended stay rooms; building four will include retail sites from 1,400 sq.ft. to 7,000 sq.ft., as well as 12 office units of 1,280 sq.ft. each; building five will have a food court; building six will have a GLA of 25,000 sq.ft. and will include retail and an interactive artisan workshop and building seven will house a 4,500 sq.ft. restaurant. Area demographics include a population of 379,044 within 10 miles earning $53,240 as the average household income. The company also is preleasing The Vineyards at Nassau Valley, an 82-acre mixed-use development with a GLA of 215,000 sq.ft. in Lewes, DE. The upscale development will include a hotel, fitness center, recreational pond, boardwalk and amphitheater located next to Delaware’s only vineyard. The center will include fashion apparel stores, accessory stores, furniture stores and entertainment sites. Over 27,000 new housing units are being proposed or under construction. Area demographics include a population of 126,797 within a 30-minute drive earning $60,099 as the average household income. For more information, contact Joseph Scarpa, Legend Properties, Inc., Commercial Real Estate, 20000 Horizon Way, Suite 280, Mount Laurel, NJ 08054-4341; 856-231-1010 Ext. 108, Fax 856-231-1111; Email: jscarpa@lpre.com; Web site: www.lpre.com.
O&S Holdings, LLC is developing Bridge Street Town Center, a one million sq.ft. mixed-use development located at the northeast corner of U.S. 75 and Highway 121 in McKinney, TX. The site has an average daily traffic count of 233,400 vehicles. The center will include 500,000 sq.ft. of retail space and restaurants; a 200,000 sq.ft. Marriott Courtyard hotel; a 75,000 sq.ft. convention center; 200,000 sq.ft. of office space and a 100,000 sq.ft. Colin County Community College. Opening is slated for late 2007. Area demographics include a population of 129,000 within five miles earning over $100,000 as the average household income. For more information, contact O&S Holdings, LLC, 11611 San Vincente Boulevard, Suite 500, Los Angeles, CA 90049; 310-207-8600, Fax 310-207-2288; Web site: www.osholdings.com.
KLNB Retail is preleasing The Village at Leesburg, a 400,000 sq.ft. center located at the intersection of Route 7 and River Creek Parkway in Leesburg, VA. The development will contain major retailers, restaurants, entertainment uses and residential components. The area immediately surrounding the project contains over 10,000 new upper end residential units. The center will be anchored by Wegmans. The site has an average daily traffic count of 63,000 vehicles. The company also is preleasing Waterside Village at Easton, a 332,000 sq.ft. mixed-use development located at the intersection of Easton Parkway and Marlboro Avenue in Easton, MD. The site will include 208,150 sq.ft. of proposed retail. Anchor positions of 30,000 sq.ft. and greater are available, with small shop spaces available of 1,400 sq.ft. to 12,000 sq.ft. The site has an average daily traffic count of 36,925 vehicles. Area demographics include a population of 21,518 within five miles earning $62,254 as the average household income. For more information, contact Dimitri A. Georgelakos or Sam H. Hodges, KLNB Retail, 8027 Leesburg Pike, Suite 300, Vienna, VA 22182; 571-382-2071/2070, Fax 703-288-2999; Emails: dgeorgelakos@klnb.com and shodges@klnb.com; Web site: www.klnb.com.
The Goldstein Group is preleasing The Foundry, a 130,000 sq.ft. entertainment center located at the intersection of Route 129 and Broad Street in Trenton, NJ. The center will include retail, restaurant and residential development and is located adjacent to the Sovereign Bank Arena. The center will be a stop on the new river line light rail station and is slated to open during the Fall. Area demographics include a population of 248,665 within five miles earning $53,683 as the average household income. The center will be located near Auto Zone, the New Jersey State House and Lafayette Yard Marriott Conference Center. Nearby colleges include Rider, Princeton and The College of New Jersey. For more information, contact Florian Suserman or Chuck Lanyard, The Goldstein Group, Glen Rock Plaza, 266 Harristown Road, Suite 105, Glen Rock, NJ 07452; 201-703-9700 Ext. 23/15, Fax 201-703-9700; Emails: fsuserman@thegoldsteingroup.com and clanyard@thegoldsteingroup.com; Web site: www.thegoldsteingroup.com.
Horizon Group Properties, Inc. is developing Laredo Outlet Stores, a 330,000 sq.ft. center on two levels located on Interstate 35 in Laredo, TX. Opening is slated for Spring. The center will be located at the foot of the only bridge that accommodates pedestrians as well as vehicles crossing between Mexico and the U.S. Tenants will include Anne Klein, Fossil, Nine West, OshKosh B’Gosh, Puma, Quiksilver, Samsonite, Skechers and Wilson’s Leather. The center is located adjacent to a new $30 million customs bridge, a four-block plaza and a major downtown redevelopment. For more information, contact Andrew Pelmoter, John Lane, Paul Schaffer or Jodi Griffin, Horizon Group Properties, Inc., 5000 Hakes Drive, Muskegon, MI 49441; 202-237-8881 for Andrew, 8650637-2112 for John, 865-470-9393 and 231-798-9299 for Jodi; Emails: andy.pelmoter@horizongroup.com, jlane4071@aol.com, prschaffer@aol.com and jodi.griffin@horizongroup.com; Web site: www.horizongroup.com.
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