The redevelopment includes partial demolition and constructionof four new buildings. A 7,500-sf Family Dollar store remains. Theexterior façade of the existing buildings is being updated toinclude brick veneer, and a covered walkway is being added.According to public records, Larken paid $3.9 million for theproperty, as GlobeSt.compreviously reported. It was built in 1986 and is located on 6.5acres at the intersection of Hanover Ave. and N. Maxwell St.

Victor Kelly, a Larken principal and VP of Raider Realty, whichis the exclusive leasing agent, says one building will have adrive-through space for a bank or pharmacy. He says additionalprospects are a dry cleaner, laundromat, hair and nail salon andmore restaurants and also says the complex can accommodateprofessional office and medical space users.

Robert Marek, also a Raider VP, says in a statement, "Theaddition of Chinese American Buffet signifies (the center) hasbegun its transformation into a pedestrian-friendly destinationthat will fully serve the shopping and entertainment needs of thiscommunity." The rental rate and aggregate capital investment areundisclosed.