Shopping Centers Today

JUL 2018

Shopping Centers Today is the news magazine of the International Council of Shopping Centers (ICSC)

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J U L Y 2 0 1 8 / S C T 41 Nebraska Noddle Cos. continues to develop West Farm, a $1.2 billion mixed-use community in Omaha on 500 acres previously owned by the Village of Boys Town and a local family. Applied Underwriters will anchor the project with a new corporate campus. When built out, West Farm will total 500,000 square feet of retail space; 1.4 million square feet of offices; apartments; town homes; single-family homes; and a hotel. A senior-living company plans to build an $84 million facility there. About a third of the land, which runs along the West Dodge corridor, will be devoted to trails and recreational uses. Nevada A 13-screen Galaxy cinema is set to anchor the 170,000-square-foot retail component of e Bend, a 14-acre mixed-use project proposed in Las Vegas. Dapper Development says it will break ground on the retail portion sometime about the beginning of 2019 and that it will market the center as the largest dining, entertainment and shopping campus in the city's fast-growing southwest valley. Developer Magnum Opes Corp. is scheduled to begin con- structing a 140,000-square-foot office building at the Bend over the next few months. at project would sit across the street from an IKEA store that opened in 2016. New Hampshire Tuscan Village, now under con- struction in Salem, comprises nearly 1.2 million square feet of retail space, 243,500 square feet of office space, 280 residential units and 200 hotel rooms. New Jersey Triple Five Group has set a spring 2019 target for the opening of its American Dream Meadowlands — a 3 million-square-foot retail-entertainment complex outside New York City. e project will also house 16 acres of indoor parks, an aquarium, an ice rink and other enter- tainment space. New Mexico Goodman Realty Group has plans to redevelop Albuquerque's Winrock Town Center into a mixed-use center with two hotels and a 350-unit apart- ment complex. e former Montgomery Ward building will be converted to restaurant, retail and office space. A Toys 'R' Us is to be replaced by a gym. Skechers and Men's Wearhouse are among the tenants already signed on. e anticipated completion date is 2023. New York Target has several stores in the planning throughout the five boroughs of New York City. e latest of these is at 5200 Kings Highway, in the Flatlands section of Brooklyn. e retailer will open a 50,000-square-foot store on the site of a closed auto mall in 2020. is small- er-format store will be the seventh Target in Brooklyn and the 27th in New York City. Landlord Bridges Development Group says it will lease an additional 25,000 square feet of retail adjacent to the Target. North Carolina Columbia Development is moving forward on the development of Fenton, a $1 billion mixed- use community on 92 acres in Cary. A 125,000-square-foot Wegmans supermarket will anchor 440,000 square feet of open-air retail in the project, which is expected to open in 2020 and is located within the Research Triangle. e de- veloper has also set aside 36,000 square feet for a boutique movie theater and aims to create a space for Cary that will offer chef-driven restaurants, stores and entertainment. Two boutique hotels, 800 residential units and 1 million square feet of offices are also part of the plan. North Dakota Duluth Trading Co. is set to open its first North Dakota store, a 16,000-square-foot unit in West Fargo. e company says it expects to hire about 40 employees to work at the new store. e 30-plus-store chain specializes in casual and work apparel and accessories. Ohio Pinecrest, a $240 million mixed-use project in the Cleveland suburb of Orange Village, began welcoming tenants in May to the 400,000-square-foot component dedicated to retailers, restaurants and entertainment. Tenants scheduled to open through the summer include Club Pilates, Pinstripes, Pottery Barn, REI and Shake Shack. Duck Donuts, Next Door Eatery and Woodhouse Day Spa are among the tenants scheduled to open in the fall. e development also includes offices, a hotel, apartments and a parking garage. Developers Fairmount Properties and DiGeronimo Cos. say they look toward a grand opening sometime in September. OHIO NEVADA

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