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Entertainment Specialty Projects
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Entertainment Specialty Projects General Growth Properties is developing an upscale retail village at The Village at Lakeside, a center located in Sterling Heights, MI. The village will include an outdoor shopping plaza, a tree-lined Main Street, a pedestrian-friendly streetscape, a gateway linking the village with the interior mall and a home furnishing store, lifestyle and apparel shops, four upscale restaurants and a bookstore. Area demographics include a population of 423,800 within seven miles earning $68,300 as the average household income. The company also is redeveloping Cumberland Mall located in Atlanta, GA. The redevelopment will include a major exterior and interior renovation. A pedestrian-friendly streetscape will add 77,000 sq.ft. offering a variety of upscale dining options, specialty retailers and fresh design features. Interior renovation will overhaul and expand the food court and add a shopper lounge area. The streetscape addition will create an inviting promenade, including an open-air plaza complete with fountains and outdoor seating on the front side of the mall, facing the Cobb Galleria Convention Center. Demographics include a trade-area population of 968,200 earning $93,457 as the average household income. For more information, contact General Growth Properties, 110 North Wacker Drive, Chicago, IL 60606; 312-960-5000; Web site: www.generalgrowth.com.
Cypress Retail Group is preleasing The Collection, a mixed-use project located at the intersection of First Street and Palm Avenue in Burbank, CA. The development will include luxury residences above a 39,000 sq.ft. retail component, as well as an AMC 16-screen theater. Area retail includes Bed Bath & Beyond, Urban Outfitters, Active Ride Shop, Ross Dress For Less, O My Sole, Wahoo’s Fish Taco, Quizno’s and Kabuki Japanese. The site has an average daily traffic count of 41,700 vehicles. Area demographics include a population of 456,383 within five miles earning $76,021 as the average household income. For more information, contact Bob Walsh, Cypress Retail Group, 17401 Ventura Boulevard, Suite B-17, Encino, CA 91316; 818-325-0370; Email: rwalsh@cypressretailgroup.com; Web site: www.cypressretailgroup.com.
Welco Realty, Inc. is preleasing Bay Plaza, an 80-acre corporate and commercial campus located at the intersection of New England Thruway and the Hutchinson River Parkway in the Bronx, NY. Nearby facilities and attractions include colleges such as Albert Einstein, Fordham and Lehman, the New York Botanical Garden, Yankee Stadium and the Bronx Zoo. For more information, contact Welco Realty, Inc., 2525 Palmer Avenue, New Rochelle, NY 10801; 914-576-7500, Fax 914-576-7596.
Silbert Realty & Management Co., Inc. is preleasing Cranford Crossing, a mixed-use center located at the intersection of South Avenue West, South Union Avenue and South Avenue East in Cranford, NJ. The center will be a twin building, upscale retail and luxury condominium mid-rise development. Each building will include ground floor retail for a total GLA of 21,150 sq.ft. anchored by Elizabeth Arden Salons. Area demographics include a population of 146,514 within five miles earning $85,947 as the average household income. For more information, contact Brian S. Silbert or Kathy DiMaria, Silbert Realty & Management Co., Inc., 85A Division Avenue, PO Box 406, Millington, NJ 07946; 908-604-6900, Fax 908-604-2030; Email: info@silbertrealestate.com; Web site: www.silbertrealestate.com.
USRealty is preleasing Valley Square, a 300,000 sq.ft. mixed-use lifestyle center located at the intersection of Route 611 and Route 132 in Warrington, PA. The center is situated on a land area of 140 acres and also includes 110,000 sq.ft. of Class A office space and 200 luxury condominiums. The center will be tenanted by P.F. Chang’s, Chico’s, Ann Taylor Loft, J.Jill, Wegmans, Starbucks, Borders and White House/Black Market. The company also is preleasing Hilltown Plaza, a center located at the intersection of Routes 309 and 113 in Souderton, PA.
For more information,
contact Gregory Bianchi or Peter J. Maggio, USRealty, 232-234 North 22nd Street,
Philadelphia, PA 19103; 215-557-9900 Ext. 1141/1140; Emails:
gbianchi@eusrealty.com and
pmaggio@eusrealty.com;
Web site: www.eusrealty.com. Main Street Property Services, Inc. is preleasing The Adeline, a 2,050 sq.ft. retail site with residential above at the intersection of San Pablo Avenue and MacArthur Boulevard in Emeryville, CA. Area demographics include a population of 200,000 within three miles earning $70,000 as the average household income. The company also is preleasing One Camino Sobrante, a two-story site with office over retail in Orinda, CA. Demographics include a trade-area population of 17,909 earning $129,550 as the average household income. The company also is preleasing The Rose Garden, a 42,750 sq.ft. mixed-use center located at the intersection of Sycamore Valley Road and Camino Ramon in Danville, CA. Opening is slated for Fall 2007. The center will be anchored by Navlet’s Nursery and will be cotenanted by restaurants, home furnishing stores, apparel stores and other specialty retail tenants. The center also will include 26,000 sq.ft. of office space and 56 residential units. Retail space is available from 1,200 sq.ft. to 11,439 sq.ft. Demographics include a trade-area population of 124,181 earning $183,859 as the average household income. The company also is preleasing Fruitvale Village, a transit-oriented, mixed-use development consisting of prime retail, office, apartments and lofts in Oakland, CA. The center will include a state-of-the-art healthcare clinic, child development center, multipurpose senior center and a library branch. Demographics include a trade-area population of 281,858 within three miles earning $73,740 as the average household income. For more information, contact Main Street Property Services, Inc., 985 Moraga Road, Suite 202, Lafayette, CA 94549; 925-299-8170, Fax 925-284-2331; Web site: www.mspsinc.com.
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