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InvenTrust Properties kicked off Phase 1 of the renovation of Houston’s 433,667-square-foot Cyfair Town Center, pictured at top. Improvements will include new paint, LED lighting along the storefronts, enhanced landscaping, benches, gathering areas, under-canopy signs for each business and upgraded pylon signs at the property’s access points. InvenTrust also will work with local organizations to produce Instagrammable murals. The first phase will deliver in the fourth quarter, and the second phase will begin in January. The developer expects to complete the work in late summer. Cinemark, JCPenney and Kroger anchor the center.
Developers broke ground on the first phase of Downtown Wellen, a mixed-use complex that will be the hub of the master-planned Wellen Park near Venice, Florida. Expected to open in the fourth quarter of 2022, Phase 1 of Downtown Wellen will have 55,000 square feet of retail across six buildings surrounding an 80-acre lake. Event lawns, parks, a food truck area and a playground will surround the retail. Wellen Park has 9,000 residents and at full build-out will have more than 50,000 in 22,500 homes.
Downtown Wellen
Jamestown plans to redevelop a portion of the 160,000-square-foot Parkside Shops in Sandy Springs, Georgia, into a mixed-use complex similar to the company’s Ponce City Market in Atlanta. The project will add 190 apartments, 63,500 square feet of loft office, 23 condos, five townhouses and a 1.5-acre greenspace.
The Washington Metropolitan Area Transit Authority will redevelop Virginia’s West Falls Church Metro station into a 1 million-square-foot mixed-use development that will include apartments, townhouses, retail and public green spaces. Construction will kick off in 2023. Rushmark Properties and Hoffman will collaborate on the development.
Hull Property Group is demolishing the enclosed Columbia Mall in Columbia, Tennessee, to make way for an open-air center. Phase 1 will be 90,000 square feet, and Phase 2 will include a standalone supermarket on the site of the former JCPenney. Completion is scheduled for spring.
Edgewood Properties is developing a mixed-use complex in Washington Township, New Jersey, that will include 180 apartments, a 13,000-square-foot pharmacy and a multitenant building with 12,250 square feet of retail and almost 5,000 square feet of office.
Capital Realty Management and Greystar broke ground last month on Keller Center Stage, a 38-acre development in Keller, Texas. The first phase, which includes 24,000 square feet of retail and office and a lawn for music events, will be complete in the third quarter of 2022. A 475-unit apartment complex will open by the third quarter of 2023.
Kohan Retail Investment Group plans to convert the 356,000-square-foot Washington Park Mall in Bartlesville, Oklahoma, into mixed-use. The mall has empty anchor spots formerly occupied by JCPenney and a cinema.
The city of Plymouth, Minnesota, is seeking redevelopment proposals for the vacant, 1970s-era Four Seasons Mall. The city acquired the property for $6.7 million in June. The site is guided for mixed-use development and likely will include retail, restaurant and multifamily. The city also expects the space to factor in the Plymouth Metrolink transit service, perhaps with a park and ride.
Children’s healthcare specialist Carilion Clinic’s decision to transform more than 77,000 square feet in the former JCPenney at Roanoke County, Virginia’s Tanglewood Mall into a pediatrics clinic is attracting further revitalization of the center. The clinic will open in September. The government has earmarked $50 million to upgrade transportation systems to boost mixed-use development.
Send news to Brannon Boswell at bboswell@icsc.com.
By Brannon Boswell
Executive Editor, Commerce + Communities Today
ICSC champions small and emerging businesses in getting from business plan to brick-and-mortar.
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