PROJECTS & PEOPLE
Feb 1, 2006 12:00 PM
Vestar broke ground last month on its 1.3 million-square-foot Tempe Marketplace in Tempe, Ariz. The $200 million project is the largest brownfield cleanup in the state's history. Tenants include Best Buy, PetSmart and Target.
CBL & Associates Properties is building the 75,000-square-foot Shoppes at St. Clair Square lifestyle center in Fairview Heights, Ill., adjacent to the St. Clair Square Mall. Scheduled to be completed by spring 2007, the project is 82 percent pre-leased. Tenants include Barnes & Noble, Chico's, J. Jill and Talbots.
Retail design firm MulvannyG2 Architecture hired Chokaku Suzumura as the new principal for its retail environments group. Suzumura was director of planning and design for Perlman Architects Inc. and designed the 410,000-square-foot District at Garden Valley Ranch mixed-use center in Henderson, Nev.
Garden Commercial Properties will develop the 260,000-square-foot Riverdale Crossing in Riverdale, N.J. Tenants include Border's Books and Music, Pier One Imports and Wal-Mart.
Charlotte, N.C.-based Faison Enterprises Inc. named Stephen Wenderoth as its new director of development for the Northeast/mid-Atlantic region. Wenderoth was formerly a vice president of development for the Mills Corp.
The Macerich Co. recently opened an 80,000-square-foot expansion to its 1.4 million-square-foot Washington Center mall in Tigard, Ore. New tenants include the Cheesecake Factory, Sephora and Pottery Barn Kids. Macerich co-owns the mall with Cadillac Fairview, a subsidiary of the Ontario Teachers Pension Plan Board.
Konover Development Corp. has completed the 500,000-square-foot Monadnock Marketplace in Keene, N.H. The center includes Dick's Sporting Goods, Circuit City and Olive Garden. Target is expected to open next month.
Tenant-in-common sponsor SCI Real Estate Investments has promoted Adam Bryan to senior vice president and corporate sales director. He will be responsible for raising equity for property investments and managing equity sales.
Spaulding & Slye Construction hired Frederick Cook as vice president/project executive. Cook was vice president at Payton Construction.
North American Properties will develop the $10 million, 150,000-square-foot Cookeville MarketPlace shopping center in Cookeville, Tenn. The center, which will include a 68,000-square-foot department store, is expected to open later this year.
Los Angeles-based Lowe Enterprises has been selected by the city of Azusa, Calif., to develop a $35 million, mixed-use, transit-oriented development for its downtown. It will include 40,000 square feet of retail. McLarand Vasquez Emsiek & Partners will serve as architects.
Northbrook, Ill.-based Boulder Net Lease Funds LLC named Jimmy Goodman as a real estate acquisitions analyst. He was an investment analyst in Mid-America Real Estate's Investment Sales Group.
Hopkins Real Estate Group hired Dean Isaacs as a vice president and will head the company's new Northern California office. He will be responsible for acquisition and development of all retail and mixed-use projects in that region. Isaacs was vice president of development at Highland Development Co.
GBT Realty will develop the Hoffman Plaza in Henderson, Ky., and add new tenants. Wal-Mart and Lowe's will open later this year.
Alameda, Calif.-based MBH Architects has promoted Rebecca Ross to principal. She has been with MBH for nine years and has been head of their retail studio for six. Ross is the first female principal of the firm.
Lutz Real Estate Investments has demolished the 15-year-old Bradford Plaza Shopping Center in East Bradford, Pa. to transform it into a new 144,000-square-foot center with Giant Food Stores as its anchor. Giant Foods will open in fall 2006.
Staubach Retail has appointed Senior Vice President John Artope as market leader for central and northern Florida. He will work from the company's new retail-focused office in Orlando, Fla.
Opus East, an affiliate of the Opus Group, has promoted Geoffrey Wood to senior vice president of sales and finance from director. He was a principal and vice president with South Charles Investment Corp.
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