Thank you for sharing!

Your article was successfully shared with the contacts you provided.

COMMERCE TOWNSHIP, MI-Taubman Centers Inc. says it will soon sign a construction agreement to build an open-air shopping center in Commerce Township. The new “lifestyle center” will be at M-5 and Pontiac Trail and could open in late 2006 pending township approval, says John L. Simon, senior vice president of development for Bloomfield Hills-based Taubman Centers.

The center will have approximately 500,000 sf of retail space.

Taubman Centers says it is looking at building a lifestyle center at M-59 and Romeo Plank in Clinton Township, Simon adds. The company owns and operates 31 shopping malls, including Twelve Oaks Mall in Novi, Great Lakes Crossing in Auburn Hills and Fairlane Town Center in Dearborn.

“We have not officially decided to move forward in Clinton Township, but we are talking to the land owners there,” Simon says. “It’s very preliminary. But nothing has derailed us in getting a lifestyle center built in Commerce Township.”

Simon plans to market the Commerce Township project to potential tenants this month at the International Council of Shopping Centers convention in Las Vegas, which typically draws 30,000 store owners, mall developers and retail brokers.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.