Retail Traffic

RETAIL DEVELOPERS SHOWCASE

There are a slew of retail and mixed-use projects slated to open in 2008. Respondents to our survey submitted more than 100 projects that will debut in the coming years. (For details, check out the expanded listings on www.retailtrafficmag.com.) Here, we've selected seven of the largest projects to look out for in 2008 (and one that opened late this year). The projects combined are worth nearly $5 billion. The biggest of the bunch is the long-anticipated Meadowlands Xanadu, which is slated to open late next year.

Patriot Place

Developer: The Kraft Group

Location: Foxborough, Mass.

Opening: Third quarter

Property type: Mixed-use

Size: 1.3 million sq. ft.

Cost: $350 million

Architect: Arrowstreet

Leasing contact: Strategic Retail Advisors; [email protected]; 505.405.1918

Orchard Town Center

Developer: Forest City

Location: Westminster, Colo.

Opening: First quarter

Property type: Lifestyle center

Size: 554,000 sq. ft.

Cost: $158.5 million

Architect: Calthorpe Associates, Mulhern Group, Elkus Manfredi Ltd., Field Paoli

Leasing contact: www.orchardtowncenter.com/leasing/

The Legends at Sparks Marina

Developer: RED Development

Location: Sparks, Nev.

Opening: Third quarter

Property type: Lifestyle center

Size: 1.25 million sq. ft.

Cost: $188 million

Leasing contact: Rod Yates; [email protected]; 312.284.2930

Hamilton Town Center

Developer: Simon Property Group

Location: Noblesville, Ind.

Opening: Second quarter

Property type: Lifestyle center

Size: 950,000 sq. ft.

Cost: $126 million

Partner: Gershman Brown & Associates

Architect: Dorsky Hodgson Parrish Yue

Leasing contacts: Jamie Christman, [email protected]; Lorene Wright, [email protected], 317.636.160

Meadowlands Xanadu

Developer: Colony Capital

Location: East Rutherford, N.J.

Opening: Third or fourth quarter

Property type: Mixed-use

Size: 4.8 million sq. ft.

Cost: $2 billion

Other partners: Dune Real Estate, Credit Suisse, Mills Corp. and KanAm

Architect: The Rockwell Group

Leasing contact: Robert S. Marona; [email protected]; 212.847.3900

The Village at Fairview & The Village at Allen

Developer: The MGHerring Group

Location: Fairview, Texas

Opening: Fourth quarter

Property type: Mixed-use

Size: 1.5 million sq. ft.

Cost: $1.1 billion

Other partners: Koll Development Co.

Architect: JPRA Architects

Leasing contacts: Jim Kenny (Village at Fairview); [email protected]; 972.448.0241; Princeton Partners (Village at Allen); 972.233.0408

Town Square Las Vegas

Developer: Turnberry Associates

Location: Las Vegas

Opening: Fourth quarter 2007

Property type: Lifestyle center

Size: 1.25 million sq. ft.

Cost: $600 million

Other partners: Centra Properties

Architects: Development Design Group, Marnell Corrao Associates

Leasing contact: www.townsquarelasvegas.com/go/specialtyLeasing.cfm ; 702.263.4262

Pearland Town Center

Developer: CBL & Associates Properties

Location: Pearland, Texas

Opening: Third quarter

Property type: Mixed-use

Size: 887,000 sq. ft.

Cost: $199 million

Architect: Omniplan

Leasing contact: Les Garrett; [email protected]; 214.596.1195; Jeanna Webb; [email protected]; 214.596.1195

TAGS: News
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