Shopping Center Business

JUL 2018

Shopping Center Business is the leading monthly business magazine for the retail real estate industry.

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July 2018 • SHOPPING CENTER BUSINESS • 23 DEVELOPMENT NEWS Los Angeles Development Fund are providing financing for the project. MIAMI, FLORIDA BISCAYNE BAY BREWING TO OPEN SECOND LOCATION AT HISTORIC BUILDING IN DOWNTOWN MIAMI Biscayne Bay Brewing Co. has unveiled plans to open a second location at the Old United States Post Office and Courthouse building in downtown Miami. Originally constructed in the early 1900s, the building was designated a historical site in 1989. The new brewery will occupy 6,500 square feet on the third floor of the building, where the Miami Weather Bureau Office was once located. Post Office Development LLC, managed by Daniel Peña, is overseeing the redevelopment of the building. Peña, a principal of Stambul Construction Co., led the restoration of the Eurostars Langford Hotel — previously Miami National Bank. Biscayne Bay will open its new location at the building this winter. The brewery's flagship facility is located at 8000 N.W. 25th St. in Doral. LOUISVILLE, KENTUCKY BROWN-FORMAN OPENS $45 MILLION OLD FORESTER DISTILLERY ON LOUISVILLE'S WHISKEY ROW Louisville-based Brown-Forman Corp. has opened Old Forester Distilling Co. on Louisville's famed Whiskey Row. The 70,000-square-foot distillery represents a $45 million investment and is housed in the same building that the brand called home in the early 1900s. The distillery features a 44-foot-tall copper column still, designed and constructed by Vendome Copper & Brass Works. The new distillery will add production capacity of approximately 100,000 gallons annually and will be open for tours seven days a week, with tastings available in the Old Forester Tasting Room. Old Forester Distilling joins 10 other distilleries as an official member of the Kentucky Bourbon Trails tour. In addition to Old Forester, Brown-Forman Corp. produces Jack Daniel's Tennessee Whiskey, el Jimador and Woodford Reserve. CHICAGO, ILLINOIS SUMMIT DESIGN + BUILD COMPLETES RENOVATION OF 13,000-SQUARE-FOOT RETAIL BUILDING IN CHICAGO Summit Design + Build LLC has completed the renovation of a 13,000-square-foot retail building in Chicago. The project added space for up to three retail tenants and created 11 new openings for storefront windows. Summit also poured new concrete floors for a future retail tenant and completed landscaping with a new sidewalk. L3 Capital LLC is the property owner. OKW Architects served as project architect. OWINGS MILLS, MARYLAND KIMCO REALTY ADDS TO ANCHOR LINEUP AT $108 MILLION RETAIL DEVELOPMENT Kimco Realty Corp. has signed five new tenants to Mill Station, a $108 million open-air retail development in Owings Mills, located 20 miles northwest of Baltimore. Lowe's Home Improvement, Marshalls, HomeSense, Burlington and Five Below will join the anchor lineup at the development, located at the site of the former Owings Mills Mall. With the addition of the new retailers, the project is 75 percent preleased. Previously announced tenants include AMC Theatre and Costco, which is expected to open later this year. The other announced tenants are scheduled to open throughout the first half of 2019. At full build-out, Mill Station will total 620,000 square feet and will house up to 30 retailers and restaurants. ODESSA, TEXAS CINERGY ENTERTAINMENT TO EXPAND ENTERTAINMENT CENTER Cinergy Entertainment Group Inc. has unveiled plans to expand its entertainment center in Odessa. The 90,000-square-foot complex was completed in fall 2016 and currently includes 10 auditoriums, 18 bowling lanes, a full-service bar, billiard tables and a game floor with more than 100 interactive games. Cinergy will add four auditoriums to the Odessa location, bringing the center to 14 screens and 106,000 square feet. Construction of the new auditoriums will begin in the fall. Old Forester Distilling has opened its 70,000-square-foot distillery in the same building the brand called home in the early 1900s. Photo courtesy of Brown-Forman

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