Champion Development will develop the second and final phase of the Burbank Entertainment Village in Burbank, Calif. Selected by property owner AMC Entertainment, the 2-acre project will include 50,000 square feet of retail and restaurants as well as about 190-housing units. The first phase of the village included a 16-screen AMC Megaplex and 30,000 square feet of retail. Construction on the second phase is expected to begin this fall.
A&B Properties, Inc. the property development and management division of Alexander & Baldwin, Inc. has named David Haverly as vice president of asset management and Richard Stack Jr. as vice president of development. Haverly will oversee the companies 13 properties on the continental U.S. as well as handle leasing for the Kunia Shopping Center in Oahu, Hawaii which is still under construction.
Mixed-use and retail real estate firm StreetSense, LLC has hired Hal Vasvari as a principal who will help with business development and lifestyle projects. Vasvari was formerly a senior executive and officer of mixed-use developer Federal Realty Investment Trust. He has 26 years of experience in the shopping center industry and recently owned and operated his own consulting firm.
National architectural firm Greenberg Farrow has been hired to design the proposed redevelopment of 400 East Fordham Road in the Bronx, N.Y. scheduled to begin in 2007. The $40 million project is headed by P/A Associates and Acadia Realty Trust and will provide 90,000 square feet of additional retail space to the six-floor building. Currently, Sears occupies the building, with its lease set to expire by 2008. There is no word on whether the retailer intends to renew its lease.
Real estate investment and development company Alliant Partners LLC, is building the Quesada Commons shopping center in Port Charlotte, Fla. The center will be anchored by Publix and also have an additional 15,000 square feet of local retail. Construction is slated to end this June.
Oakbrook Terrace, Ill.-based real estate firm NAI Hiffman has hired James Farrey as senior vice president of the company's retail brokerage group. In his new position, Farrey will specialize in tenant and product representation of retail space. Farrey was formerly a managing partner at Blattis & Shnur Retail in Chicago.
Birmingham, Ala.-based Bayer Properties Inc. has named James Spahn as its new senior marketing manager. Spahn will market the company's 4 million square feet of retail, office and industrial space as well as oversee marketing programs for the new Summit lifestyle centers in Birmingham and Louisville, Ky. Bayer also announced that Neal Brock, Michelle Collier and Stacey Ronilo have joined the company's leasing division.
Newton Oldacre McDonald is developing the second phase of Tigertown in Opelika, Alabama with the opening of a 20,000 square foot Best Buy. A 125,000 Target is also under construction at the center. Scheduled to be completed in three phases, Tigertown is a 130-acre mixed-use development with 800,000 square feet of retail. Currently, Home Depot, TJ Maxx and Office Depot are at the center.
Tampa, Fla.-based DeBartolo Development has agreed to develop the Perry Creek Commons project in Raleigh, N.C.; the company's first foray into North Carolina. The project will have 400,000 square feet of retail with a mix of big box tenants, local shops and several outparcels. The development is expected to be built out by late 2008 or early 2009.
Real estate brokerage firm Fameco Real Estate has named Edward Peple III as its new president. Peple was the former president and CEO of Chainlinks Retail Advisors Inc. Fameco manages 3 million square of retail space and represents more than 45 retailers in Pennsylvania, New Jersey and Delaware.
New York-based real estate brokerage firm Garrick-Aug Associates Store Leasing Inc. has named Michael Kramer as director of development services. An urban planning strategist, Kramer will look for retail opportunities in the New York City metropolitan area. Garrick-Aug has also named Georgia Malone, president of brokerage and consulting firm Georgia Malone & Company, Inc., to the company's advisory board.
JCPenney has promoted Ken Hicks as its new president and chief merchandising officer. Hicks first joined the company in 2002 as president and chief operating officer of store and merchandise operations. With a career spanning 20 years in the retail industry, Hicks was formerly the president of Payless Shoe Source Inc.
Columbus, Ohio-based Continental Retail Development has named Brett Robinson as its vice president of retail development. Robinson was the former vice president of real estate at Chico's Fas, Inc. Prior to joining Chico's in 2000, Robinson was a retail real estate consultant for the Harberg Masinter Company.
International real estate services provider GVA Worldwide has named Michael Cohen as its new chairman. Cohen will succeed Michael Corbett, who is CEO of London-based GVA Grimley. GVA Worldwide was founded in 1994 by GVA Williams and GVA Grimley. Cohen also now serves as chairman for GVA Williams' Executive Committee.
Real estate development company Robertson Properties Group has announced it has finished the first phase of the 160,000 square foot Redwood Gateway center in Petaluma, Calif. with the opening of a 96,000 square foot Kohl's. The remaining space is scheduled to open in spring 2005 and will feature Pier 1 Imports, a Michael's Store. The $35 million development was designed by Perkowitz + Ruth Architects.
Newport Beach, Calif.-based developer Yacoel Properties LLC has just begun construction on a new 188,000 square foot retail center called Chula Vista Crossings Shopping Center in Chula Vista, Calif. The project is already 100 percent leased and will include Kohl's, Babies R' Us and Staples. The center is slated for completion by October 2005.
Birmingham, Ala-based Concordia Southeast, LLC has broken ground this month on a new 160,000 square foot shopping center in Kissimmee, Fla. known as Gateway Station. The first phase of development will include about 41,000 square feet of retail with such tenants as Dollar Tree, CATO Fashions and Cuts By Us Hair. The second phase will add 120,000 square feet with up to three big box retailers.
Developers Diversified Realty has named Dawn Marie Lecklikner as its director of mall management. She will oversee the company's specialty centers and enclosed malls, which consists of 20 properties with eight million square feet in 14 states. Lecklikner formerly served as general manager for a Prizm Asset Management Company in Pennsylvania.