Dewberry Group is converting its 60-year-old, 300,000-square-foot Roosevelt Square shopping center in Jacksonville, Florida, into the 750,000-square-foot Ortega Park with office, residential, retail and restaurants. Chipotle, Cold Stone Creamery and First Watch are the first new tenants to sign up. Publix, Ulta Beauty and West Marine will continue to anchor the property, whose centerpiece will be the pedestrian-only, store-lined Ortega Alley.
In Lake Elsinore, California, the city council approved the four-building, 43,120-square-foot Lakeview Plaza, which will include two restaurants and “neighborhood shopping.” Groundbreaking is scheduled for early 2022 and construction would take a year.
Pebb Enterprises plans a 22,500-square-foot, five-restaurant complex called Restaurant Row on a two-acre parcel adjacent to the Town Center at Boca Raton in Florida. Pebb acquired the land from CP Group for $2.35 million. Regional restaurants Pubbelly Sushi and El Camino already are onboard. Completion is scheduled for the third quarter of 2022.
Boca Raton, Florida’s coming Restaurant Row
Codding’s Merced Mall in Merced, California, is undergoing a redevelopment sparked by a new anchor, a 56,000-square-foot Cinemark multiplex that will replace a 22,000-square-foot, former Regal. The developer expects to begin construction in 18 months. A separate owner is redeveloping the center’s former Sears into a collection of small shops.
Officials in Chapel Hill, North Carolina, approved rezoning for Trinsic Residential Group’s mixed-use Aura, which will include 15,000 square feet of retail, in addition to office and at least 361 apartment units and 57 townhomes. The three- and four-level project will replace a 15-acre tree farm that was clear-cut in 2018.
Denton Floyd Real Estate Group plans Current812, a mixed-use property in Clarksville, Tennessee’s trendy riverfront district that will include 200 luxury apartments and townhomes, as well as a rooftop restaurant and nearly 10,000 square feet of retail. If approved, construction is expected to begin in November and leasing in September 2023.
RXR will break ground in March on its redevelopment of 72 acres around Uniondale, New York’s Nassau Coliseum into the Nassau Hub. It will feature a 175,000-square-foot office building, 500 apartments, retail, a movie theater, an R&D center and a performing arts venue.
Officials in Mesquite, Texas, gave the greenlight for Shadow Creek Crossing. It will include six freestanding retail buildings whose leasable area will total between 42,500 to 57,500 square feet.
Foulger-Pratt, Howard Hughes and Seritage Growth Properties will transform the former Landmark Mall in Alexandria, Virginia, into a mixed-use, walkable, urban village anchored by Inova Alexandria Hospital. The 4-million-square-foot redevelopment will break ground in 2023, and the first buildings will open by 2025.
Bellevue, Washington, officials approved the master plan for the high-rise Cloudvue development. Phase 1, scheduled for completion in 2026, includes three towers with 1.7 million square feet of office, 695,000 square feet of residential and 40,000 square feet of retail and restaurants facing public plazas. Phase 2 would include a live events “Playhouse.”
The Iowa Economic Development Authority gave Waukon, Iowa, a $100,000 grant to redevelop a vacant building on Main Street into a restaurant. The building has sat vacant since Tierney’s Clothing closed 20 years ago.
Hendrick Health will build a customer service hub in the 142,604-square-foot former Sears in the 680,457-square-foot Mall of Abilene in Texas. Best Buy, Books-A-Million, Dillard’s, JCPenney and Ulta Beauty are the other anchors. Construction kicks off this October and will conclude in November 2022.