BISMARCK, ND—The Woodmont Company and Northwest Contracting say they have completed the first phase of development of Hay Creek Shops in Bismarck. Located just off Highway 83 at 1451 East LaSalle Drive, the regional power center will ultimately total in excess of 300,000 square feet on 33 acres.

The first phase of Hay Creek Shops totals 150,000 square feet and was 100% pre-leased. A grand opening event is slated for October 24 and 25 with anchor tenants Bed Bath & Beyond, Dick's Sporting Goods and Gordmans already open.  Michael's and Ulta Beauty expect to open their doors by November 1. The Woodmont Company is currently underway on creating an ideal mix of complimentary retailer and restaurant tenants which will be opening over the coming months.

“We have been extremely successful in securing high-profile tenants at Hay Creek Shops,” said Stephen Coslik, chairman of The Woodmont Company. “We created this property to be the retail destination of choice for customers throughout Bismarck and surrounding communities and these new tenants provide further testimony to the quality of the center and the strength of this location in this growing market.”

Woodmont Company began construction on Hay Creek Shops in the Spring of 2014 and construction on phase two is already underway with anticipated deliveries starting next spring and continuing through the Summer of 2016.

Grant Gary, president of brokerage services with The Woodmont Company is heading leasing activities for the property.

Founded in 1980, The Woodmont Company is a full-service commercial real estate firm headquartered in Dallas/Fort Worth. The Woodmont Company specializes in retail properties and has expertise in ground-up development, redevelopment, asset management, property management, investment sales, marketing and leasing of regional malls, outlet centers, power centers, community centers, lifestyle centers, neighborhood centers and specialty centers. The Woodmont Company has developed more than 15 million square feet of retail real estate throughout the United States with a value of more than $4 billion and currently owns, manages and/or leases more than 15 million square feet of shopping centers, including third party management and leasing for institutional clients, realty advisors and private investors.