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ROYAL PALM BEACH, FL-CBL & Associates Properties Inc. hasopened the 185,220-sf SuperTarget at its Cobblestone Village atRoyal Palm Beach development here and is planning to begin work on40,000 sf of small shop space in the center within weeks.The225,000-sf shopping center's small shop space has a scheduled grandopening of early summer 2005. Cobblestone Village was more than 70%preleased and committed at press time."Cobblestone Village … willhelp meet the retail needs of the growth in this area," CBL &Associates Properties Inc. president Stephen Lebovitz says in astatement. The center will include a strong tenant roster ofnational and regional retailers new in the market, he adds.Retailers that have committed to Cobblestone Village includeCrispers restaurant, Cold Stone Creamery, Payless ShoeSource,Cingular Wireless, City Nails, Hair Cuttery, Wood Floors and anAsian fusion restaurant.The center is being developed on 25 acreson the northwest corner of Okeechobee Boulevard and State Route7--an intersection that more than 100,000 cars pass through daily,according to CBL & Associates Properties.The shopping centerwill have an open-air, pedestrian-friendly environment, extensivelandscaping, and design elements that reflect and complement thearea's historic buildings.CBL's portfolio also includes threeregional malls in Central and North Florida--Volusia Mall inDaytona Beach, Panama City Mall in Panama City and Lakeshore Mallin Sebring. CBL also owns interests in and manages six communitycenters in Florida, including Bartow Village in Bartow, CollinsPark Commons in Plant City and Coastal Way in Spring Hill.In all,Chattanooga, TN-based CBL owns, holds interests in or manages 167properties totaling 69.4 million sf in 27 states. BesidesCobblestone Village, CBL has 10 projects totaling about 2.5 millionsf in the construction stage nationwide.

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