Development

DETROIT-Home Depot officials are saying plans for the company's first store in the city remain viable. The Atlanta-based company has been looking at a site in Riverbend Plaza shopping center to build a new store.

CHARLOTTE-A 135,000-sf Home Depot retail store and a 10,000-sf CBS Pharmacy will anchor the first 145,000-sf phase of Promenade on Providence, scheduled to open this summer. The estimated hard construction cost is $40 million.

TINTON FALLS, NJ-The real estate company will take about one-third of a class A building currently under construction along the Garden State Parkway in this Monmouth County township.

ORLANDO-The Osceola County-based real estate firm is relocating to the SouthPark section of Orlando Central Park where it has purchased a 1.08-acre pad for $260,000 or about $240,740 per acre ($5.40 per sf).

KINGS MOUNTAIN, NC-It took a year to find a tenant to fill the South Carolina developer's first 100,000-sf structure but company officials are confident the new space in Kings Mountain Commerce Park will be leased quickly because of current demand. The site is 20 miles west of Downtown Charlotte.

HIGH POINT, NC-The 24-acre manufacturing facility will be built across from another four-building plant operated by Brayton Co. on Swathmore Road. The estimated hard construction cost of the project is $17 million. High Point is 70 miles north of Downtown Charlotte.