Shopping Center Business

MAY 2016

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

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DEVELOPMENT NEWS 56 • SHOPPING CENTER BUSINESS • May 2016 WEATHERFORD, TEXAS IMPERIUM UNVEILS PLANS FOR WEATHERFORD TOWN SQUARE REDEVELOPMENT Dallas-based Imperium Holdings LP has unveiled plans for the redevelopment of the southeast quadrant of Weatherford's town square. The development will be comprised of four units totaling 18,000 square feet with two- and three-story rooftop patios overlooking the Parker County Courthouse. The center will be comprised of retail, restaurant and enter- tainment tenants. Planning and leasing for the property is expected for comple- tion in the coming months. CLEMMONS, NORTH CAROLINA HANKINS PROPERTIES TO DEVELOP CLEMMONS TOWN CENTER IN NORTH CAROLINA Hankins Properties is set to develop Clem- mons Town Center, a 246,000-square- foot mixed-use development located in Clemmons. The center will feature an urban design, with retail shops and restau- rants along a tree-lined, open-air main street with on-street parking, sidewalks and sitting areas. Plans for the center include a boutique food store, offces, a 139-room hotel, a surface-area parking lot and a two-tiered parking deck. The proj- ect will anchor the 340-acre Village Point project, which features a 312-unit apart- ment community, Novant's $100 million hospital complex, Morgan Elementary School, WFBMC Medical Plaza and a Publix-anchored shopping center known as Peace Haven Village. Gillon Design was in charge of the design for the center. The Meridian Realty Group arranged the sale of the 20-acre property by Village Pointe LLC to Hankins Properties, and will rep- resent Hankins Properties in the leasing and management of the center. The Weatherford town square redevelopment will be comprised of four units totaling 18,000 square feet. Gulf Coast Galleria D'Iberville, MS RAMCO Developments, LLC. 216.781.9144 architecture | land planning interior architecture PARKING DECK A 295 LOWER LEVEL 253 UPPER LEVEL - 43 - - 305 - - 73 - - 24 - REST. 10K PAD C 8K NOT IN CONTRACT REST. 10K ANCHOR B 200,000 SF STORMWATER MANAGEMENT SWM ANCHOR A 150,000 SF PARKING DECK B 342 LOWER LEVEL 279 UPPER LEVEL - 181 - - 190 - - 156 - - 116 - - 121 - - 124 - - 89 - - 174 - - 101 - - 178 - - 16 - SERV. SERV. SERV. SERV. - 56 - - 58 - - 28 - - 70 - - 25 - SHOPS 9,147 SF SHOPS 64,615 SF SHOPS 18,550 SF SHOPS 32,192 SF SHOPS 45,370 SF SHOPS 21,270 SF SHOPS 15,290 SF PAD D 8K PAD E 8K RETAIL 21,615 SF POPPS FERRY ROAD GALLERIA PARWAY PAD F 4K SHOPS 5,577 SF T.D. T.D. JR. 16,700 SF JR. 10,840 SF JR. 20,025 SF JR. 19,855 SF JR. 19,350 SF JR. 2-LVL 27,700 SF

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