On Broadway will be anchored by a 20-screen Century Theatres andCost Plus World Markets, and will also include 62,000 sf of shopspace. Completion scheduled for mid-2005.

The pedestrian-oriented project is being constructed atop anexisting two-story, 600-car subterranean parking garage owned bythe City of Redwood. The garage is situated on a full city blockbounded by Broadway, Jefferson Street, Middlefield Road and TheatreWay.

The development entity is BHV Innisfree Ventures I, LLC, whichis backed by Brad Blake and Jerry Hunt of Blake Hunt Ventures andDavid Irmer of the Innisfree Cos. Buchanan Street Partners fundedinto a joint venture equity commitment of $10.5 million for thedevelopment, which is under construction.

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