X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

COCONUT CREEK, FL-Brown Hill Development and Stanbery Development are planning to begin construction this summer on the Promenade at Lyons. The 23-acre mixed-use project will rise at the corner of Lyons Road and Wiles Road.

The project, on the site of a tomato farm, will be the first to be completed within the city’s proposed Downtown and will include 250,000 sf of shops and restaurant space, up to 125,000 sf of office space and up to 450 residential units. The retail space will have more than 50 tenants, including Ann Taylor Loft, Banana Republic, Brighton, Chico’s, Coldwater Creek, Jos A Banks, Limited Too, and New York & Co. Construction of the retail and office components will be completed first, with an anticipated opening in fall 2008.

Brown Hill Development partner Jeffrey Brown tells GlobeSt.com that two-thirds of the retail space has been committed, either through signed leases or letters of intent. Marketing efforts for the office space have just started. “The development is situated on three main arteries, Lyons Road, Wiles Road and a third road we will build on the south side of the site so there will be excellent access,” Brown says.

Under city regulations, developers are seeking LEED certification for the project, which will be designed by Dorsky Hodgson Parrish Yue. Office leasing will be handled by CB Richard Ellis and the implementation of green building design strategies is being provided by LEED consulting firm GreenTime, LLC. Among green elements of the project are the recycling of construction debris and the inclusion of a smart irrigation system that waters plants only when necessary.

“Green building is a trend that we don’t think is going away,” Brown says. “We believe this project will serve as an example and catalyst for future green 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.