"We have about 75% leased out, a little more than 500,000 sf total," Lutton reports.

The development has had a few tenants change plans during the last few years in the planning and construction process, Lutton notes. A Star Theater was set to open, along with a restaurant/video game. However, the owners of Star sold to Loews Cineplex Entertainment of New York.

"Support for the Star died, and the Jillian's Entertainment just couldn't move along," Lutton says.

Now, the development will feature an 18-screen theater complex, owned by Emagine Entertainment Inc. of Troy, Lutton says.

Fountain Walk also lost the leasing guidance of Taubman Centers Inc. of Bloomfield Hills. Lutton says the divorce was the result of differences in style of this development and Taubman's mega-mall style.

"We just felt, and they felt too, that they are better qualified to do inside malls. This isn't an inside mall," Lutton says.

Instead, the development is a "lifestyle center," where the large retailers are situated in a campus-like setting, all with outside entrances.

The developer is teamed, in a way, with Ramco-Gershenson Properties Trust of Southfield on the project. However, the real estate investment trust only has a 10% stake.

"We have a minority investor," Lutton says. "We're also managing the development ourselves."

His company builds multifamily housing and shopping centers, including the Marq*E in Houston.