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10 developments to watch, including mixed-use mall makeovers

August 5, 2021

Publix will develop a 140,000-square-foot retail center called Westlake Plaza in West Palm Beach County, Florida’s 3,400-acre Westlake master-planned community. Phase 1 will include eight retail bays anchored by a 50,000-square-foot Publix grocery and liquor store. The grocer will add 70,000 square feet of retail in Phase 2.

Developers expect to kick off work this fall on the Silk City.Green mixed-use development in Manchester, Connecticut. The $140 million redevelopment of the former Manchester Parkade shopping center will encompass 800,000 square feet, including 480 apartments, 70,000 square feet of office, 42,000 square feet of retail and a 120-room hotel. Each of the three phases is expected to take two years.

Branch Properties LLC will break ground before year’s end on the 75,237 square-foot, Publix-anchored Moncks Corner Marketplace, pictured at top, in Moncks Corner, South Carolina, near Charleston. Cushman & Wakefield arranged $15.5 million in financing, securing a five-year, floating rate loan through First Citizens Bank on behalf of the developer.

Wood Investments Cos. paid $18.5 million for 19.6 acres in the 46,000-home Ontario Ranch master-planned community in Ontario, California. The firm will develop a 206,072-square-foot property called The Ranch at Model Colony Shopping Center. Burlington, Five Below, Hobby Lobby, Planet Fitness and a national grocery tenant will anchor the center. CBRE represented Wood Investments in the sales and lease transactions.

Contour Cos.’ $403 million redevelopment of Southfield, Michigan’s former Northland Center mall site into Northland City Center, a mixed-use center with more than 1,500 residences, is moving forward. The former Macy’s is set to become Hudson’s City Market, a 530,406-square-foot dining and entertainment venue with a food hall, home furnishings shops and offices. Demolition is planned to start early next month, and the phased project will deliver completely in 2027.

The owner of Virginia Village in Leesburg, Virginia, wants to redevelop the 18.5-acre retail property into a mixed-use center with 643 residential units and 175,000 square feet of commercial space, including office and retail.

Ocean Bleu Group broke ground on Square @ Osceola Parkway in Kissimmee, Florida. The 85-acre, $40-million project will include 55 acres of retail. The Dinerstein Cos. will develop a 400-unit apartment complex on another 19 acres. Raising Cane’s, Texas Roadhouse, Del Taco and Panera are negotiating ground leases. Grand opening is scheduled for 2022.

Chipotle, In-N-Out Burger and Panda Express are among the tenants lining up for the Ceres Gateway Center in Ceres, California. Genesis Family Enterprises is developing nine commercial buildings totaling 53,863 square feet, as well as a Circle K convenience store with a gas station and car wash, as part of Phase 1. Phase 2 will include a 64,000-square-foot hotel with 80 rooms and three junior anchor spaces.

Civitas Development Group and Regnum Capital will redevelop the Vine Street commercial corridor in the village of St. Bernard, Ohio, just north of Cincinnati, into St. Bernard Square. The project will include 200 apartments and 5,000 square feet of retail and service businesses built around a plaza and designed to be scaled to nearby houses and businesses. The companies expect to break ground in the spring.

Westover Hills Development Partners is building a 70,450-square-foot shopping center on the far west side of San Antonio. It will be anchored by a 23,126-square-foot Sprouts Farmers Market supermarket that will open in September 2022.

By Brannon Boswell

Executive Editor, Commerce + Communities Today

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