(For more retail coverage, click GlobeSt.com/RETAIL.)
REDDING, CA-The first phase of a planned 900,000-sf retailcenter here by Levenson Development has won council approval. Theproject is slated for the intersection of Highway 5 and Oasis Road.Levenson executive vice president Mark Miller tells GlobeSt.comthat Oasis Towne Center will feature restaurants, dining andentertainment venues and high-quality apparel not currentlyavailable in Redding. Cinemark recently committed to building a16-screen theater at the development.
"There's a surprising amount of pent-up tenant demand; Reddingis the center of retail for 50, 60, 70 miles around," Miller says."We're looking at perhaps a lifestyle-type product on the southernportion of the site, if not the whole site."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
