The slowdown in the retail real estate industry is evident in this edition of Retail Traffic's development listings. Many firms have cut 2009 pipelines to the bone and few have plans much beyond that. Respondents were asked to list development, redevelopment, renovation and expansion pipelines for 2009 and overall. Expanded listings — including up to five projects for each firm — will be available online at www.retailtrafficmag.com. If your company was not included and would like to be listed in future surveys, please send a message to [email protected].
Advance Realty
1430 State Hwy. 206
Bedminster, NJ 07921
PH: 908.719.3000 FAX: 908.719.9444
www.advancerealtygroup.com
Peter Cocoziello, President & CEO;
Kurt R. Padavano, COO; Kevin Tartaglione, SVP & COO, Advance Realty Development
ND Tot: 800,000; 1
Type: MU
Aegis Development Group
404 E. Savannah Rd., Unit 3
Lewes, DE 19958
PH: 302.827.2471
www.aegisdg.com
ND Tot: 700,000; 3; $49,000,000
Types: PC, CC, NC
Breslin Realty Development
500 Old Country Rd.
Garden City, NY 11530
PH: 516.741.7400 FAX: 516.741.7128
www.breslinrealty.com
Wilbur F. Breslin, President;
Paul Berger, Executive SVP
ND Tot: 2,050,000; 3; $250,000,000
2009 ND: 1,700,000; 3; $17,000,000
2009 Red: 15,000; 1; $1,500,000
2009 Ren: 15,000; 1; $1,500,000
2009 Ex: 60,000; 1; $6,000,000
Types: RM, LC, OAC, PC, CC, NC
The Broadbent Co.
117 E. Washington St., Ste. 300
Indianapolis, IN 46204
PH: 317.237.2900 FAX: 317.237.2916
www.broadbentcompany.com
George P. Broadbent, Owner & President; Tim Baker, EVP, Leasing & Sales; Dave Cheslyn, EVP, Development & Acquisitions
Red Tot: 120,000; 1
Ren Tot: 360,000; 3
2009 ND: 34,346; 1
2009 Ren: 140,000
Type: CC
The Cafaro Co.
2445 Belmont Ave.
Youngstown, OH 44504
PH: 330.747.2661 FAX: 330.743.2902
www.cafarocompany.com
Anthony Cafaro, Jr., Vice President; William Cafaro, VP, Finance; Anthony Cafaro, Sr., President
Ex Tot: 600,000
2009 ND: 500,000; 1
2009 Red: 3,200,000; 1
2009 Ren: 3,200,000; 3
2009 Ex: 500,000; 1
Types: RM, LC
Caruso Affiliated
101 The Grove Dr.
Los Angeles, CA 90036
PH: 323.900.8100 FAX: 323.900.8101
www.carusoaffiliated.com
Rick J. Caruso, President & CEO; Dave Williams, EVP, Architecture; Michael McManus, EVP, Development
ND Tot: 1,196,395; 3; $756,615,000
Types: MU, LC, OAC
Cedar Shopping Centers
44 S. Bayles Ave.
Port Washington, NY 11050
PH: 516.767.6492 FAX: 516.767.6497
www.cedarshoppingcenters.com
Leo S. Ullman, President & CEO; Brenda Walker, VP; Thomas B. Richey, VP, Development & Construction
ND Tot: 1,182,500; 8; $212,000,000
2009 ND: 1,049,500; 7; $175,100,000
2009 Red: 777,000; 6; $68,300,000
Types: PC, NC
Cencor Realty Services
3102 Maple Ave., Ste. 500
Dallas, TX 75201
PH: 214.954.0600 FAX: 214.953.0860
www.cencorrealty.com
Herbert D. Weitzman, Chairman & CEO; Marshall Mills, President & COO; David Palmer, EVP
ND Tot: 200,000; 4
Ren Tot: 200,000; 2
Ex Tot: 100,000; 2
Types: LC, PC, CC, NC
Crosland
227 W. Trade St., Ste. 800
Charlotte, NC 28202
PH: 704.529.1166 FAX: 704.523.7110
www.crosland.com
Todd Mansfield, Chairman & CEO; Ned Long, CFO; Peter Pappas, President, Retail
ND Tot: 1,929,410; 10; $257,177,000
2009 ND: 1,650,166; 7; $182,194,845
Types: MU, LC, LC, OAC, PC, CC, NC
Dial Cos.
11506 Nicholas St., #100
Omaha, NE 68154
PH: 402.493.2800 FAX: 402.493.8069
www.dialcompanies.com
Donald Day, Chairman; Christopher Held, Chairman; John Hughes, CFO;
ND Tot: 4,569,432; 8
2009 ND: 2,738,000; 5
Types: MU, OAC, LC, NC
Donahue Schriber
200 E. Baker St., Ste. 100
Costa Mesa, CA 92626
PH: 714.545.1400 FAX: 714.545.4222
www.donahueschriber.com
Patrick Donahue, President & CEO; Lawrence Casey, COO; Mark Whitfield, EVP, Development
ND Tot: 3,451,226; 17; $516,000,000
Ren Tot: 1,088,489; 5
Ex Tot: 110,371; 2
NC 2009 ND: 1,486,500; 6; $233,000,000
2009 Ex: 5,300; 1
Types: PC, CC, NC
Edens & Avant
1901 Main St., Ste. 900
Columbia, SC 29201
PH: 803.744.2446 FAX: 803.765.0684
www.edensandavant.com
Terry S. Brown, CEO;
Jodie W. McLean, President & Chief Investment Officer; Steve Boyle, VP, Development
ND Tot: 4,562,285; 8; $456,026,000
Red Tot: 1,669,106; 11; $317,990,000
Ex Tot: 11,552; 1; $2,805,000
2009 ND: 664,681; 2; $43,835,000
2009 Red: 511,112; 3; $26,733,000
Types: MU, OAC, CC, PC, NC
Forest City
50 Public Sq., Ste. 1100
Cleveland, OH 44113
PH: 216.621.6060 FAX: 216.523.1431
www.forestcity.net
Charles A. Ratner, President & CEO; James A. Ratner, EVP; David LaRue, President & COO
2009 ND: 2,172,000; 3
2009 Ex: 132,000; 1; $117,000,000
Types: MU, RM, LC, PC
Frontera Development
4110 N. Scottsdale Rd., #125
Scottsdale, AZ 85251
PH: 480.315.9600 FAX: 480.315.9607
Jay Schneider, President; Mark Holinger, SVP; Steve Lenz, VP
ND Tot: 222,000; 4; $74,000,000
2009 ND: 110,000; 2; $40,000,000
Types: PC, NC
Garden Commercial Properties
820 Morris Turnpike
Short Hills, NJ 07078
PH: 973.467.5000 FAX: 973.467.3480
www.gardencommercial.com
Leonard A. Wilf, Partner; Zygmunt Wilf, Partner; Mario Dudzinski, VP
ND Tot: 250000; 4
Red Tot: 2
2009 ND: 500,000; 2
2009 Ren: 200,000; 1
Types: MU, OAC, PC
Glimcher Realty Trust
180 E. Broad St.
Columbus, OH 43215
PH: 614.621.9000 FAX: 614.621.9321
www.glimcher.com
Michael Glimcher, Chairman & CEO; Marshall Loeb, President & COO; Ken Cannon, SVP, Development
2009 ND: 620,000; 1; $250,000,000
2009 Ex: 160,000; 1; $52,000,000
Types: MU, RM, LC, OAC
The Goodman Co.
777 S. Flagler Dr., Ste. 1101E
West Palm Beach, FL 33401
PH: 561.833.3777 FAX: 561.832.4833
www.thegoodmancompany.com
Murray H. Goodman, Chairman; William Shewalter, COO; John W. Dowd, III, SVP, Development
ND Tot: 1,381,290; 3; $200,000,000
Types: LC, PC
Henry S. Miller Commercial
Providence Towers West
5001 Spring Valley Rd., #1100
Dallas, TX 75244
PH: 972.419.4000 FAX: 972.419.4099
www.henrysmiller.com
Vance C. Miller, Chairman & CEO; Sam G. Kartalis, President & COO; Vaughn E. Miller, President, Retail
ND Tot: 300,000; 4; $35,000,000
2009 ND: 200,000; 2; $20,000,000
Types: CC, NC
Integrated Real Estate Services
2120 E. Sixth St., Ste. 1
Tempe, AZ 85281
PH: 480.804.1076 x102 FAX: 480.804.1703
www.eires.com
Gabriel Saia, Managing Member; Christine Pimentel, VP; Thomas Hardy, Director of Project Development
ND Tot: 140,000; 4; $21,000,000
Red Tot: 178,000; 1; $26,700,000
2009 ND: 100,000; 3; $15,000,000
2009 Ren: 81,000; 3; $2,200,000
2009 Ex: 7,000; 2; $1,400,000
Types: CC, NC
Jeffrey R. Anderson Real Estate
Rookwood Tower
3805 Edwards Rd.
Cincinnati, OH 45209
PH: 513.241.5800 FAX: 513.241.2637
www.anderson-realestate.com
Jeffrey R. Anderson, President; Mark F. Fallon, VP, Real Estate; J. R. Anderson, VP, Development
ND Tot: 1,650,000; 2; $450,000,000
2009 ND: 550,000; 1; $150,000,000
Types: MU, LC
Kimco Realty Corp.
3333 New Hyde Park Rd.
New Hyde Park, NY 11042
PH: 516.869.9000 FAX: 516.869.7250
www.kimcorealty.com
Milton Cooper, CEO; David Henry, President & CIO
ND Tot: 15,128,000; 47; $1,615,923,000
Red Tot: 2,437,061; 11; $132,400,000
Ex Tot: 1,483,268; 5; $110,000,000
2009 ND: 5,598,000; 16; $564,868,000
2009 Red: 1,650,528; 8; $63,200,000
2009 Ex: 1,390,559; 4; $106,800,000
Types: NC, CC, PC, LC, MU
Kite Realty Group
30 S. Meridian St.
Indianapolis, IN 46204
PH: 317.577.5600 FAX: 317.577.5605
www.kiterealty.com
John A. Kite, President & CEO; Thomas K. McGowan, Sr. EVP and COO
2009 ND: 733,760; 5; $104,700,000
2009 Red: 520,128; 5; $17,700,000
Types: MU, LC, OAC, PC, CC, NC
Konover Development
135 South Rd.
Farmington, CT 06032
PH: 860.284.7246 FAX: 860.284.7746
www.konover.com
James T. Ainsworth, President & CEO; Stanley C. Glantz, EVP & COO
ND Tot: 2,000,000; 21; $400,000,000
Red Tot: 200,000; 1; $40,000,000
2009 ND: 110,000; 3; $22,000,000
Types: MU, OAC, PC, CC, NC
Midland Atlantic
9000 Keystone Crossing, Ste. 850
Indianapolis, IN 46240
PH: 317.580.9900
www.midlandatlantic.com
Aaron Boyle, Kelly Boyle, Jeffrey Vittert, Principals; John Silverman, Managing Principal
ND Tot: 2,510; 300; 13
2009 ND: 1,200; 300; 5
Types: MU, LC, OAC, PC, CC, NC
National Realty & Development
3 Manhattanville Rd.
Purchase, NY 10577
PH: 914.694.4444 FAX: 914.694.5448
www.nrdc.com
John Orrico, President; Robert Baker, Chairman & CEO; Jerrold Bermingham, EVP, Development & Acquisitions
ND Tot: 606,354; 2; $61,000,000
Ex Tot: 380,000; 1; $3,000,000
2009 ND: 380,000; 1; $40,000,000
Types: PC, CC
Noddle Cos.
1125 S. 103rd St.
Omaha, NE 68124
PH: 402.496.1616 FAX: 402.496.6250
www.noddlecompanies.com
Jay Noddle, President; Joseph Kirshenbaum, Vice Chairman; Jeff Kirshenbaum, VP
2009 ND: 350,000; 5; $60,000,000
2009 Ren: 100,000; 3; $3,000,000
Types: NC, CC, PC, OAC, MU
The Opus Group
10350 Bren Rd. W.
Minnetonka, MN 55343
PH: 952.656.4444 FAX: 952.656.4529
www.opuscorp.com
Mark Rauenhorst, Chairman & CEO; Steve Polacek, Chief Administrative Officer & CFO; Jason Conway, VP, National Accounts
2009 ND: 1,927,000; 19
Types: MU, LC, OAC, PC
Pointe Development Co.
1111 Kane Concourse
Bay Harbor, FL 33154
PH: 305.865.1923 FAX: 305.865.3434
www.pointecompanies.com
Alan Sakowitz, President; Maurice Egozi, CFO & SVP; Alex Nigri, VP
ND Tot: 1,212,508; 12; $206,126,360
2009 ND: 346,208; 5; $58,855,000
Types: MU, PC, NC
RD Management
810 Seventh Ave., 28th Fl.
New York, NY 10019
PH: 212.265.6600
www.rdmanagement.com
Thomas Mirandi, VP, Real Estate
ND Tot: 501,600; 3
2009 ND: 231,600; 2
2009 Red: 353,323; 1
2009 Ren: 117,137; 1
2009 Ex: 176,000; 1
Types: MU, PC, CC, NC
Regency Centers
One Independent Dr.
Jacksonville, FL 32202
PH: 904.598.7000
www.regencycenters.com
Martin E. “Hap” Stein, Jr., Chairman & CEO; Mary Lou Fiala, President & COO; Brian Smith, Chief Investment Officer
ND Tot: 7,846,381; 48; $1,000
Red Tot: 1,823,787; 8; $53,119,414
Types: MU, OAC, PC, CC, NC
Robert B. Aikens & Associates
350 N. Old Woodward Ave., Ste. 300
Birmingham, MI 48009
PH: 248.283.1071 FAX: 248.283.1150
www.rbaikens.com
Bruce Aikens, Vice Chairman; Jeff Thompson, President
ND Tot: 1,460,000; 2; $320,000,000
Ex Tot: 1,206,850; 3; $101,000,000
2009 ND: 1,000,000; 1; $240,000,000
Types: MU, LC, PC
Sandor Development Co.
57257 N. Scottsdale Rd., Ste. C-195
Scottsdale, AZ 85250
PH: 480.949.9011 FAX: 480.949.9020
www.sandordev.com
Sidney Eskenazi, CEO & Founder; David N. Eskenazi, President, Indianapolis Office; Jay D. Stein, President, Scottsdale Office
Ex Tot: 100,000
2009 ND: 200,000
2009 Red: 50,000
2009 Ren: 150,000
Types: CC, NC
Selig Enterprises
1100 Spring St., NW, Ste. 550
Atlanta, GA 30309
PH: 404.876.5511 FAX: 404.875.2629
www.seligenterprises.com
Steve Selig, President; Cathy Selig, SVP; Bob Riddle, EVP
ND Tot: 120,000; 2; $641,400,000
2009 ND: 1,990,066; 2; $641,400,000
2009 Ren: 307,000; 1; $17,500,000
Types: MU, PC
Simon Property Group
225 W. Washington St.
Indianapolis, IN 46260
PH: 317.636.1600 FAX: 317.685.7270
www.simon.com
David E. Simon, Chairman & CEO; Richard S. Sokolov, President & COO
2009 ND: 835,000; 2; $249,000,000
2009 Red: 2,186,600; 9; $585,000,000
2009 Ren: 10,973,000; 11; $136,000,000
2009 Ex: 852,000; 6; $73,000,000
Types: MU, RM, LC, OC, OAC, CC
Steiner + Associates
4016 Townsfair Way, Ste. 201
Columbus, OH 43219
PH: 614.414.7300
www.steiner.com
Yaromir Steiner, CEO; Barry Rosenberg, President;
Ralph Ireland, Chief Development Officer
2009 ND: 1,445,000; 2; $380,000,000
2009 Ex: 495,000; 1; $110,000,000
Types: MU, OAC
Stirling Properties
109 Northpark Blvd., Ste. 300
Covington, LA 70433
PH: 985.898.2022 FAX: 985.898.2077
www.stirlingproperties.com
Martin A. Mayer, CEO & Partner; Gerald E. Songy, EVP & Partner; Lewis W. Stirling, EVP & Partner
Red Tot: 830,000; 1; $75,101,000
2009 ND: 1,150,000; 2; $90,611,000
2009 Red: 626,000; 1; $70,000,000
2009 Ren: 383,159; 2; $7,452,000
2009 Ex: 38,800; 1; $900,000
Types: LC, OAC
Terramar Retail Centers
5973 Avenida Encinas, Ste. 300
Carlsbad, CA 92008
PH: 760.804.8600 FAX: 760.804.8605
www.terramarcenters.com
Stephen Bowers, President & CEO; Pamela Aguirre, SVP, Asset Management; Alexander Liftis, SVP, Development
Red Tot: 90,000; 1
2009 ND: 620,000; 1
Type: CC
Trademark Property
301 Commerce St., Ste. 3635
Fort Worth, TX 76102
PH: 817.509.4163 FAX: 817.509.4183
www.trademarkproperty.com
Terry Montesi, CEO; Rick Knight, CFO; Tommy Miller and Tony Chron, Partners
ND Tot: 3,052,636; 5; $598,617,000
2009 ND: 1,922,896; 3; $338,113,000
2009 Red: 1,018,369; 1; $163,852,000
2009 Ex: 94,000; 1; $2,600,000
Types: MU, RM, LC, PC
Trammell Crow
2001 Ross Ave., Ste. 3400
Dallas, TX 75201
PH: 214.863.4101 FAX: 214.863.3138
www.trammellcrow.com
Robert Sulentic, CEO; Jim Groch, Chief Investment Officer; Matt Khourie, President, Southeast Operations
ND Tot: 2,372,169; 10; $363,967,488
2009 ND: 1,887,169; 9; $298,906,727
2009 Red: 11,021; 1; $8,831,720
Types: MU, PC, CC
Turnberry Associates
19501 Biscayne Blvd., Ste. 3400
Aventura, FL 33180
PH: 305.937.6200 FAX: 305.935.9360
www.turnberry.com
Jacqueline Soffer, Principal; Philip Goldfarb, President & COO; Jeff Mooallem, SVP, Development
2009 Ren: 552,657; 1
2009 Ex: 460,000; 1
Types: OAC, PC
United Properties
3500 W. American Blvd., Ste. 200
Minneapolis, MN 55431
PH: 952.835.5300
www.uproperties.com
Frank Dutke, President; Eva Stevens, EVP
2009 ND: 86,672; 1; $11,600,000
2009 Red: 339,709; 2; $42,350,000
Types: CC, NC
Vestar Development
2425 E. Camelback Rd., Ste. 750
Phoenix, AZ 85016
PH: 602.866.0900 FAX: 602.955.2298
www.vestar.com
Lee Hanley, Chairman & CEO; Richard Kuhle, President; David Larcher, EVP
ND Tot: 14,300,000; 26; $2,200,000,000
Types: LC, OAC, PC
Victory Real Estate Investments
240 Brookstone Centre Pkwy.
Columbus, GA 31904
PH: 706.327.4774 FAX: 706.327.4413
www.vrei.net
Alton L. Darby, President & CEO; Kent Cost, EVP; James E. Loftin, VP, Leasing & Development
ND Tot: 1,056,718; 4; $75,949,000
Red Tot: 212,067; 1; $8,000,000
2009 ND: 64,718; 1; $5,432,000
2009 Ex: 244,139; 3; $13,463,000
Types: OAC, PC, CC, NC
Wallace Properties, Inc.
P.O. Box 4184
Bellevue, WA 98009
PH: 425.455.9976
Robert C. Wallace, CEO; Felicia Tsao, VP, Property Services; Kevin R. Wallace, General Counsel & VP, Development
2009 ND: 162,000; 1; $54,000,000
Type: MU
West Acres Development
3902 13th Ave. S.
Fargo, ND 58103
PH: 701.282.2222
www.westacres.com
Brad Schlossman, CEO; Jim Ross, Sr. Leasing Director; Brad Schlossman, CEO
2009 Ren: 20,000; 1; $2,000,000
2009 Ex: 15,000; 1; $2,500,000
Type: RM
Westfield Group
11601 Wilshire Blvd., 11th Fl.
Los Angeles, CA 90025
PH: 310.478.4456
www.westfield.com
Peter Lowy, Group Managing Director; Steven Lowy, Group Managing Director; John Widdup, Managing Director, United States
2009 Red: 5,100,000; 4; $680,000,000
2009 Ex: 1,100,000
Type: RM
Wheeler Development
2529 Virginia Beach Blvd., Ste. 200
Virginia Beach, VA 23452
PH: 866.203.4864 FAX: 757.627.9081
www.wheelerint.com
Ann L. McKinney, Principal Broker; James Purcell, Construction Manager; Jon Wheeler, Owner & President
2009 ND: 16,000; 2; $3,720,000
2009 Ren: 331,374; 2
Types: CC, NC
WP Realty, Inc.
940 Haverford Rd.
Bryn Mawr, PA 19010
PH: 610.552.6000 FAX: 610.552.6001
www.wprealty.com
Bryan S. Weingarten, CEO; Randall C. Stein, President; Dan Fuchs, VP, Construction & Development
2009 ND: 16,500; 1
2009 Red: 655,000; 3
2009 Ren: 1,253,000; 6
2009 Ex: 1,027,000; 5
Types: RM, PC, CC
WS Development
1330 Boylston St.
Chestnut Hill, MA 02472
PH: 617.232.8900 FAX: 617.232.1603
www.wsdevelopment.com
Jeremy Sclar, President; Thomas DeSimone; Richard Marks, EVP
ND Tot: 5,753,000; 11
Red Tot: 560,804; 7
Ex Tot: 293,000; 12
2009 ND: 2,164,000; 6
2009 Red: 483,804; 6
2009 Ren: 97,000; 1; 2009 Ex: 153,000; 9
Types: MU, LC, OAC, PC, CC, NC
KEY:
Each includes square footage, number of projects and project cost. For companies that submitted the same numbers for both their 2009 and total development portfolios, we just list the 2009 numbers.
ND = New Development
Red = Redevelopment
Ren = Renovation
Ex = Expansion
MU = Mixed-Use
CC = Community Center
PC = Power Center
LC = Lifestyle Center
OAC = Open-air center
OC = Outlet Center
RM = Regional Mall
NC = Neighborhood Center