Development

UNIVERSAL CITY, CA-The proposed news center and TV studio will aim for a LEED Silver certification for its design, construction and ongoing operations.

SCHERERVILLE, IN-Construction on the upscale retail center has just begun and will have a variety of upscale retail and restaurant tenants.

NEW YORK CITY-The market has been on full throttle for several years with easy money and low interest rates, and industry experts are optimistic of opportunities ahead.

FORT WORTH-USAA starts work on a 428,400-sf distribution center to get spec on the ground while turning up the heat on building out the 633-acre Railhead Industrial Park.

CHICAGO-Fifield Cos. is starting construction this month on two apartment towers, with a total of 857 units, as part of its $750-million K Station development.

KANSAS CITY, KS-The Unified Government has purchased and plans to demolish the 700,000-sf Indian Springs mall in a move to revitalize the city's midtown area.

BATON ROUGE, LA-Pinnacle pays $20.9 million for the development site for its Riviere entertainment resort. Among the hurdles yet to clear is a Feb. 9 referendum.

PHOENIX-With preleasing at 88%, PC & Development LLC starts work on the $12.5-million Plaza Mayor. A 30,000-sf Hacienda Market will anchor the 62,000-sf project.