Retail

REDWOOD CITY, CA-Brad Blake and Jerry Hunt of Blake Hunt Ventures and David Irmer of the Innisfree Cos. are jointly developing an 189,000-sf Downtown complex here on top of a city-owned underground parking garage.

FORT COLLINS, CO-Dillard's wants to be part of a planned lifestyle center here, but will the center be built?

CHICAGO-Neighborhood retail development specialists Matanky Realty Group will get $2.2 million in tax increment financing along with a $400,000 road repair to boost its $8.3 million, 75,699-sf redevelopment in the 1400 block of West 47th Street.

MINNETONKA, MN-Most of the closed stores will be from the Sam Goody chain as the music retailer's new owner tries to return it to profitability.

MAPLE GROVE, MN-The other six Audio King stores in Minnesota will change their name to Ultimate Electronics. They will also undergo extensive renovation, including the addition of a "Hard Rock Sound Asylum" theme room.

LONDON-Chelsfield chairman Elliott Bernerd said this morning he hoped to make an MBO bid for the company by the middle of next month.

IRVINE, CA-The Seattle-based department store chain says it will open a 125,000-sf property at the Spectrum in the fall of 2005.

ATLANTA-The locally based urban redeveloper leases the 96-year-old, 9,000-sf property on North Avenue to Derek Lawford Pubs which plans to open The Spotted Dog in the three-story structure. The 10-year lease has an estimated aggregate value of $1.8 million.