NORWOOD, OH-Centro Properties Group has completed the second of a three-phase redevelopment project here at Surrey Square. The plan is to take a partially-enclosed, 176,433-square-foot shopping center and turn it into a multi-anchored community center. As part of the second phase an 80,000 square foot Kroger opened this week.

“Centro is thrilled with the progress and success thus far at Surrey Square,” says Martin Liles, VP of redevelopment for Centro. “We are very pleased with the redevelopment and are excited to bring a fresh new look with a variety of tenants in a neighborhood setting to Norwood, Ohio.”

The new Kroger facility is almost twice the size of the original grocery store at Surrey Square. The site now features a Seattle’s Best Coffee Shoppe, a drive-through pharmacy and a beauty department. As part of the construction, Centro focused on green initiatives; allowing Kroger to consume 15% less energy in a year than a similar sized store today and 25% less than a site built in 2000, according to company officials.

Phase One of the project saw the addition of 21,000 square feet on in-line retail space and McDonald’s relocation to this area. The second phase revolved around the Kroger construction. The final phase will redevelop the old Kroger location for alternative retailers. This part of the project is slated to begin in July.

Other retailers at Surrey Square include Bethesda Healthcare, Chipotle, H&R Block, Hollywood Video, Subway and Radio Shack. Cincinnati-based The Oswald Co works as the general contractor on the project while Cole Russell Architects and Thomas Graham Associates are project consultants.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.