X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

(Ian Ritter is national online editor for GlobeSt.com/RETAIL.)

MANSFIELD, TX-Forest City Enterprises and two local developers plan to break ground here next fall on the first phase of Grist Mill Crossing, a 1.2-million-sf lifestyle center. Grist Mill is one of two recent projects, as well as one in Dallas, that mark Cleveland-based Forest City’s entrance into Texas.

Forest City is building Grist Mill with Texas-based developers Waterstreet Development Partners and Richard and Nathan Bontke, and executives expect to complete its first phase in the fall of 2007. The retail component will be part of a 100-acre, larger development that will include residential, office and hotel uses. Retailers will include a mix of big-box, department and specialty stores.

Baltimore-based RTKL Associates will design the center in a Main-Street style. Among the other projects in the state the firm has worked on are Mockingbird Station, in Dallas, and the expansion of General Growth Properties’ Woodlands (TX) Mall.

Forest City’s Dallas project is a renovation of the 1.1-million-sf Mercantile Bank Building that will convert it into 225 rental units and 30,000 sf of street retail. That development is scheduled to break ground on that project in the spring.

Forest City’s Texas projects are two of many retail-related developments the firm is working on West of the Mississippi. In Lehi, UT, south of Salt Lake City, it is building the $180-million, 1.2-million-sf Terrace at Traverse Mountain. The developer is also opening centers in Stapleton, a master planned community it is building in Denver, as well as two regional developments in that city’s suburbs. It is redeveloping the Westfield San Francisco Centre mall in that city’s Downtown with the Australia-based Westfield Group.

Forest City owns 41 regional malls and specialty centers across the country. The company also develops other major commercial properties such as the New York Times’ headquarters, which is under construction in Midtown Manhattan, and residential developments.

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?

GlobeSt

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.