The development plan calls for an 80-acre, 800,000-sf retailcenter, which will be shadow-anchored by Target, and 66-acre,500,000-sf center, which will have Wal-Mart as its shadow anchor.Westcor has flipped 16 acres to Target and 22 acres to Wal-Mart,but the two retail giants have yet to announce a construction date.The 303 AutoShow at Prasada is an 80-acre master-planned auto park,containing 10 sites for dealerships and a shopping center. It isbeing developed by Staubach AutoGroup in Phoenix.

Garrett Newland, vice president, development with Phoenix-basedWestcor, tells GlobeSt.com that groundbreaking on the inlineportion of both centers will begin later this year, continuing wellinto 2009. "There's a lot of infrastructure work going on thereright now," he says. "It's currently a very green site, much of itcoming out of being farmland." The land was sold by Suburban LandReserve Inc. of Salt Lake City, which owns Prasada's remainingacreage. Newland says Westcor and other development partners willbuy the land when it's time to develop subsequent phases.

Prasada eventually will offer 800 acres of retail, hotels,multifamily and other commercial uses. More than three million sfwill be developed. "All of that will occur over time, but notimmediately," Newland says. "The first phases will be the powercenters and auto park."

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