Cencor's newest project is one of three retail corners at theintersection of Angel and Exchange parkways. The site abuts a newelementary school plus it has a 3,600-sf Chase Bank on itsdoorstep, according to Jared Caplan, vice president of developmentfor Dallas-based Cencor. He and David Palmer, the firm's executivevice president, are fee-developing the site for a Dallas-basedpartnership.

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Caplan tells GlobeSt.com that talks are under way with retailersfor nearly half of project's 17,000-sf strip center. Goddard isexpected to break ground within three months on its 9,600-sfschool, which will sit at the rear of the center. The build-outplan includes 8,800 sf of multi-tenant office space. Preleasing theproject are David Schnitzer, Marshall Ballard and Ryan Richardson,all with the Weitzman Group, Cencor's affiliate.

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The center's bricks-and-mortar work won't begin until deals arein hand. "This is a tenant-driven development," Caplan stresses."We are working to custom develop this for users." With a Wal-MartNeighborhood Market across the street, the retail strategy is aimedat providing neighborhood services like salons, spas andrestaurants.

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Caplan says Cencor will complete the site work as Goddard'sschool is built so dirt can be ready for vertical work as soon asretailers' letters of intent become signed leases. An eight-monthconstruction schedule has been factored into the plan, with thetentative goal to open doors in 2008.

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