PROJECTS & PEOPLE
Oct 1, 2005 12:00 PM
Alberta Development Partners LLC broke ground for the final phase of the Southlands development in Aurora, Colo., outside Denver. Main Street, set to open in the fall of 2006, houses a movie theater and local and national chains. Tenants include The Gap, Banana Republic, Coldwater Creek, Pac Sun and Bath & Body Works.
Velocity Development Services, headquartered in Phoenix, named Pat Sauer vice president and director of development. Sauer, who worked for CB Richard Ellis Inc., will be based in Staubach Retail's Dallas office. Velocity is a collaboration of Staubach Retail and Cyprus Equities.
Next Realty LLC hired Joseph Reed as a principal. Reed, based in Northfield, Ill., will lead Next Realty's Midwest land acquisition and development activities for retail and other value-added land opportunities. He will also drive retail development in that region, taking land sites from development through completion.
Stoneridge Shopping Center in Pleasanton, Calif., is getting a new Nordstrom. The 149,000-square-foot anchor will be built next to its existing store, which is being converted into specialty stores and a 75,000-square-foot movie theater. New restaurants and another anchor are planned for the center, jointly owned by The Mills Corp. and General Motors Pension Trust.
John Louis Field, a co-founder of San Francisco-based architectural firm Field Paoli, was awarded with the Lifetime Achievement Award from the California Council of the American Institute of Architects.
