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Development Digest

Redevelopment Glencoe, Ill. -- Chicago-based Friedman Properties Ltd. has completed preservation of a local landmark in Glencoe. The building that from 1902 to 1993 housed Wienecke Hardware and General Store has been restored and reopened as Wienecke Court. The property now comprises apartments and townhomes in addition to retail.

With 10,000 sq. ft. of retail space, the "center" is home to Active Endeavors, Einstein Brothers Bagels and St. Pierre women's clothier. The stores retain the hardwood flooring and elaborate decorative ceilings and walls; period elements, such as hardwood stairs, exposed brick walls and vintage lighting and signage, were retrofitted.

"We're delighted that the Wienecke building is still standing," says Ellen Shubart, chairman of Glencoe's Historic Preservation Commission. "It adds ambiance to our 'small town' village."

Janesville, Wis. -- Samuels & Associates, Beachwood, Ohio, has completed redevelopment of Janesville Mall in Janesville. The 603,000 sq. ft. regional shopping center has undergone a year-long renovation, including parking lot redesign, new sidewalks, new landscaping, the addition of a 42-ft. pylon sign and the signing of several new specialty retailers.

Sears recently opened a 121,000 sq. ft. store, joining center anchors JCPenney, Boston Store and Kohl's. Redevelopment also has attracted new tenants such as Victoria's Secret, Bath & Body Works and The Buckle.

Oxnard, Calif. -- Esplanade Shopping Center in Oxnard is undergoing renovation and redevelopment. According to manager MMI Realty Services, San Francisco, Calif., the property will receive new signage, exterior colors and landscaping. The first phase is scheduled to open in November.

Additional phases will entail interior and exterior improvements, as well as an updated food court. As re-imaging continues, Esplanade's leasing strategy will focus on adding both regional and national retailers to the tenant mix.

Major tenant openings Stow, Ohio -- In September, Jacksonville, Fla.-based SteinMart opened a 36,000 sq. ft. store at Stow Community Center in Stow. The retailer joins existing tenants Target, OfficeMax, Kohl's, Giant Eagle Supermarket and Kmart. The 477,732 sq. ft. power center is owned and managed by Developers Diversified Realty Corp., Cleveland.

Oklahoma City, Okla. -- Regal Cinemas Inc., Knoxville, Tenn., has signed a lease for a 16-screen, first-run theater complex at Crossroads Mall in Oklahoma City. A fall 1998 opening is anticipated for the theater complex, which will be the first theater in Oklahoma City to incorporate a stadium-seating design.

The freestanding, 65,000 sq. ft. building will serve as the anchor for approximately 150,000 sq. ft. of entertainment, restaurant and retail space that is being developed on two newly acquired parcels adjoining the mall. The two sites were purchased by a subsidiary of The Macerich Co., Santa Monica, Calif., owner of 1.1 million sq. ft. Crossroads Mall.

Renovations Indianapolis, Ind. --- Indianapolis-based Simon DeBartolo Group Inc. is renovating Castleton Square, a 1.3 million sq. ft. center in Indianapolis. The project includes the demolition of space formerly occupied by Kohl's, which will be replaced with an eight-unit food court and a Galyan's flagship store. The new Galyan's will represent the retailer's first mall location and will be the first of its two-level, 80,000 sq. ft., prototype stores to open. When the renovations are completed, the center will measure 1.4 million sq. ft.

The center's existing entrances will be remodeled during the project, and a new main entrance is being constructed. Skylights, new flooring, pop-out store fronts, enhanced interior and exterior landscaping, as well as new restrooms and additional seating areas are being added to the mall.

Construction begins next month on Galyan's and the food court. The center's renovation is scheduled for completion next fall.

Center openings Orlando, Fla. -- Phoenix, Ariz.-based Western Asset Management Corp. and San Diego-based Excel Realty Trust Inc. have opened Pointe*Orlando, a 450,000 sq. ft. urban entertainment center in Orlando. Located on International Drive, the complex features retail, restaurant and entertainment components.

Anchors for Pointe*Orlando include an FAO Schwarz flagship store, a Foot Locker concept store, Muvico Pointe 21 and WonderWorks. FAO Schwarz and WonderWorks are both garnering attention with their unique facades and their positions at either end of Pointe*Orlando's seven-building spread.

At the south end, FAO Schwarz appears as an upside-down toy box with oversized toys spilling around the building's perimeter. WonderWorks appears to be inverted as well; at the north end of the complex, it resembles a three-story mansion that has landed roof-down atop a brick warehouse.

In addition to its unique anchors, Pointe*Orlando features more than 70 retailers, including Disney Worldport, Caribbean Cigar Factory, Perfumania, Victoria's Secret, Bath & Body Works, and the Robert Thomas Gallery. Themed restaurants such as Monty's, Dan Marino's Town Tavern and NFL Players Grill join nightclubs Billboard Live! and Graham Central Station to round out the tenant mix.

Maitland, Fla.-based Keene Construction Co. of Central Florida Inc. served as contractor for Pointe* Orlando, while architects included Cuhaci & Peterson Architects, Orlando; Hellmuth Obata and Kassabaum, Tampa, Fla; IBI Group Edmonton, Alberta Canada; and Jerde Partnership, Venice, Calif. The center is managed by Orlando-based Pointe* Orlando Management Co.

Carlsbad, Calif. -- A grand opening celebration is slated this month at Carlsbad Company Stores in Carlsbad, which is 30 miles north of San Diego.

The 300,000 sq. ft. outlet and specialty retail center will house more than 50 tenants. A sampling of those tenants include: Donna Karan Company Store, Harry & David, Kenneth Cole, Nine West, Episode, Calvin Klein, Samsonite, Maternity Works and Pauling Blue Fire Diamonds.

The center is also home to two non-traditional tenants: Spirits In Stone, an art gallery exhibiting Shona Stone Sculptures from Zimbabwe; and John and Martha Culbertson's Bellefleur Winery & Restaurant, which includes a working winery. Carlsbad Company Stores is owned and operated by Craig Realty Group, Newport Beach, Calif.

Wrentham, Mass. -- Wrentham Village Premium Outlets, a $76 million, 550,000 sq. ft. outlet center, is being built in Wrentham by Chelsea GCA Realty Inc., Roseland, N.J. The project has been divided into three phases, with 250,000 sq. ft. of the center, opening this month, and the remaining 300,000 sq. ft. expected to be added over the next three years.

Among the 50 stores that will open during the first phase are Versace, Nine West, Fila, Episode, Polo Jeans Company Factory Store, Brooks Brothers, Jones New York and Jones New York Country. The center has been designed as an outdoor New England style village, complete with themed courtyards, landscaping and a food court.

The project architect is Adams Hennon Architecture, Moorestown, N.C., and the contractor is Dimeo Construction, Providence, R.I.

New development Nanuet, N.Y. -- Greenwich, Conn.-based Charter Realty & Development Corp. and New York-based Korn & Katz have broken ground on the region's first Shaw's supermarket. Located on an 8-acre site opposite Nanuet Mall, the 60,000 sq. ft. store represents a new prototype for the retailer.

Shaw's is the latest addition to the region's competitive grocery market, which includes A&P, Super Stop & Shop, Shop Rite, Pathmark and Grand Union. In addition to its offerings as agrocery store, Shaw's will include pharmacy, floral, photo processing and bakery departments, as well as a full-service bank. The $8 million market is scheduled for completion in summer 1998.

Atlanta -- Charlotte, N.C.-based Faison has broken ground on Lake City Commons, a 94,296 sq. ft. neighborhood shopping center in Atlanta. In addition to Kroger (63,296 sq. ft.), the center will comprise more than 26,000 sq. ft. of small shop space as well as an outparcel. At $8 million, the project is scheduled for completion next summer.

Portsmouth, Va. -- CBL & Associates Properties Inc., Chattanooga, Tenn., has announced plans to develop Sterling Creek Commons, a 65,500 sq. ft. shopping center in Portsmouth. Anchored by Hannaford Bros. Food and Drug Superstore, the center will occupy an 11.4-acre site.

A farmer's market produce section, an extensive seafood department and meal centers that offer recipes for nutritious meals will comprise the 55,500 sq. ft. Hannaford Bros. In addition to being a full-line supermarket, the store will have a pharmacy and video sales department.

CBL & Associates reports that in addition to 10,000 sq. ft. of small shop space, Sterling Creek Commons will incorporate two outparcels for freestanding retail. The center is scheduled to open by next summer.

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