"The Village is a direct response to our customers' needs," saysMichael McNaughton, vice president of asset management at GGP,which is managing the property. "It will feature premium stores andrestaurants, and we feel it will be a natural gathering place."

The open-air multi-building shopping center will be anchored bya 35,000-sf Crate & Barrel flagship store and a 15,000-sf,first-in-the-market Maggiano's Little Italy Restaurant. Othertenants lined up by GGP include Ann Taylor Loft, Banana Republic,bluemercury, Brooks Brothers, Coldwater Creek, Origins, WhiteHouse/Black Market, Johnston & Murphy and SGH.

The Village is rising next to Bridgewater Commons, a 900,000-sfenclosed super-regional mall with the same ownership. The newdevelopment will be joined to the existing center by a connectingroad and walking path, but will have its own 465-car parking lot.Anchored by Bloomingdale's, Lord & Taylor and Macy's, theoriginal Bridgewater Commons was completed in 1988 and renovatedand expanded in 2005. The asset became part of GGP portfolio whenthe company acquired the Rouse Co. a few years back.