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ORLANDO-The official Orange County real estate records show the three retailers purchased individual tracts at the planned 1.3-million sf Mall of Millenia in southwest Orlando. But in reality, Forbes Taubman Orlando LLC Millenia, the mall's developer, bought 83 acres from the mixed-use venture's master developer, Orlando Southwest Partners, for about $19 million or $228,915 per acre ($5.26 per sf), then deeded back two 13-acre parcels and an estimated nine-acre parcel to the retailers.
EUGENE, OR-The plans, submitted to the city by a local family here, do not name the would-be occupant, but its size and expandability match plans the ubiquitous warehouse retailer has in the neighboring city of Springfield.
NEWHALL, CA-Curtain is raised on restored theater, which local officials hope will ignite more development and redevelopment in their quaint but tired central business district.
ASPEN, CO-A British pub-theme restaurant holds the distinction of being the first eatery lined up for Hines Resorts' $230-million Aspen Highlands Village. Lawn bowling to direct access to the ski slopes is everyday fare at the signed restaurant.
CONCORD, NC-The one-year-old retail center, about 10 miles north of Downtown, is going after the teen-age market to boost revenue. Potential new retailers are Jones New York, Guess, Liz Claiborne, Nordstrom and Saks Fifth Avenue.
CHARLOTTE-The home improvement chain is shooting for a summer 2002 opening at Midtown Square, according to industry sources, but the developer hasn't yet purchased the 26-acre site or bought out the leases of existing tenants at the shopping center.
VANCOUVER, WA-The Southern California-based specialty grocery chain has secured 10,000 sf at the Interstate 205-Mill Plain Boulevard interchange and plans to open up shop in the first quarter of 2001.
WEST PALM BEACH, FL-The developers are expecting an 11% return on their $250 million investment, according to published reports. If they achieve that, it would rank the venture among the top 10% to 15% in profitability for shopping centers in the country, say industry sources.