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Entertainment & Specialty Projects
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Entertainment and Specialty Projects - May, 2005 CB Richard Ellis, Inc. is preleasing Yacht Haven, a 100,000 sq.ft. center located in St. Thomas in the U.S. Virgin Islands. Opening is slated for the first quarter of 2006. The mixed-use development will also include 31,000 sq.ft. of office, restaurants, a mega yacht marina, yacht club and luxury residential units. For more information, contact James de Winter, CB Richard Ellis, 140 East 45th Street, New York, NY 10017; 212-207-6047, Fax 212-986-9865.
Robert K. Futterman & Associates, LLC is preleasing Meadowlands Xanadu, a $1.3 billion mixed-use retail, entertainment and recreation development that will complement the existing sports venues at the Meadowlands Sports Complex in East Rutherford, NJ. When complete, Meadowlands Xanadu will feature retail and entertainment facilities totaling over 4.5 million sq.ft. of GLA, 1.5 million sq.ft. of office space and a 520-room hotel. The specialty retail component will consist of approximately 700,000 sq.ft. Opening is slated for Spring 2007. Area demographics include a population of 4,984,438 within 10 miles. For more information, contact Robert K. Futterman & Associates, LLC, 521 Fifth Avenue, Seventh Floor, New York, NY 10175; 212-599-3700, Fax 212-599-3744; Email: info@rkf.com.
Madison Retail Group is preleasing Cityline at Tenley, an 88,000 sq.ft. multi-level retail site located at the intersection of Wisconsin Avenue and River Road in Washington, DC. Along with anchors Best Buy and The Container Store, the center will include 205 condominium homes that are being developed above the stores. The site has an average daily traffic count of 39,700 vehicles. Area demographics include a population of 552,129 within five miles earning $98,926 as the average household income. For more information, contact Richard Lake or Al Gonsouland, Madison Retail Group, 1850 M Street, NW, 12th Floor, Washington, DC 20036; 202-730-2005/2012; Web site: www.madisonretailgroup.com.
Olympic Property Group is planning to develop Gig Harbor, a 320-acre mixed-use project located in Gig Harbor, Washington. The retail will be situated on a land area of 25 acres on the company’s Harbor Hill project. The company is planning to develop a Costco Wholesale store and include over five acres of additional multi-tenant retail space. The mixed-use development also will include a pedestrian-oriented village center, retail, professional office space, lodging and conference facilities, a church, restaurants, professional services and a community campus. Along with those facilities, the project also will include a private agency fitness and community facility, recreation fields, picnic and other passive recreation areas, public walking and jogging trails, extensive open space areas and residential areas, featuring a variety of housing types. For more information, contact Olympic Property Group, 19245 Tenth Avenue, Poulsbo, WA 98370; 360-697-6626, Fax 360-697-1156; Email: timberlands@orminc.com.
Pace Properties, Inc. is developing The Boulevard-Saint Louis, a mixed-use development located in downtown St. Louis, MO. The center will be tenanted by Crate & Barrel, Jared The Galleria of Jewelry, Bombay/Bombay Kids, Ann Taylor Loft, Strasburg Children, Maggiano’s Little Italy and P.F. Chang’s China Bistro. The center also will include 74 luxury apartments, a main street village, as well as a plaza with fountains and seating areas. The second phase of the center will include approximately 84,000 sq.ft. of retail and restaurant space, 250,000 sq.ft. of Class A office space, high-end housing units and apartments and the second of three public plazas. The third and final phase of the project is scheduled to be completed by 2008. For more information, contact Ashley Bower, Pace Properties, Inc., 1401 South Brentwood Boulevard, Suite 100, St. Louis, MO 63144; 314-968-9898, Fax 314-968-5050; Email: abower@paceproperties.com; Web site: www.paceproperties.com.
Struever Bros. Eccles & Rouse is developing Brewers Hill, a historic renovation of two landmark breweries, the Gunther Brewery and the former National Brewery, in Baltimore, MD. The breweries are located in the heart of Baltimore’s revitalized Canton neighborhood, just one block from the waterfront. The project currently includes 737,000 sq.ft. of office and warehouse space on 27 acres. Plans for the project include transforming the existing block into a work, live and shop community with easy access to Baltimore’s waterfront. The master plans include the conversion of 11 buildings into 400,000 sq.ft. of Class-A office space, flex/warehouse, 90,000 sq.ft. of retail space and high-end residential units, including 100 apartments and lofts. The Natty Boh building will include 175,000 sq.ft. of office/retail/residential, while Malt Mill will include 152,000 sq.ft. of office/flex/warehouse space and the Grain Building will include 8,000 sq.ft. of office/retail/residential space. Other buildings include the Lager Building (24,000 sq.ft. of office space), Barrel Building (15,000 sq.ft. to 25,000 sq.ft. of office/flex/warehouse space), Ale Building (137,000 sq.ft. of office/residential), Hops Building (52,000 sq.ft. of office/warehouse space), Pilsner Building (66,000 sq.ft. of office/residential), Stout Building (6,000 sq.ft. of office/retail), Barley Building (52,000 sq.ft. of flex/office/retail) and The Shops at Brewers Hill (50,000 sq.ft. of retail/office/flex space). The company also is developing The Can Company, a 61,526 sq.ft. center located in Baltimore, MD. The center is located adjacent to the Fells Point neighborhood. Area demographics include a population of 197,328 within three miles earning $36,872 as the average household income. For more information, contact Struever Bros. Eccles & Rouse, Tide Point - The Joy Building, 1040 Hull Street, Suite 200, Baltimore, MD 21230; 443-573-4000.
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