Shopping Center Business is the leading monthly business magazine for the retail real estate industry.
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DEVELOPMENT NEWS 44 • SHOPPING CENTER BUSINESS • December 2016 DAWSONVILLE, GEORGIA HALPERN ENTERPRISES OPENS NEW PUBLIX STORE AT DAWSON CROSSROADS IN NORTH GEORGIA Halpern Enterprises has opened a 45,600-square-foot Publix at Dawson Crossroads, a 98,400-square-foot shop- ping center located in Dawsonville, Georgia. The property is situated across the street from the North Georgia Premi- um Outlets and a Walmart Supercenter. Dawson Crossroads' tenant roster in- cludes PetSmart, Brooklyn Joe's Pizzeria, Lee Nails, Great Clips, Totally Running and Top Cleaners. The property will also feature outparcel retailers such as Chili's Bar & Grill, AT&T; and Aspen Dental. CHARLOTTE, NORTH CAROLINA HORIZON DEVELOPMENT SELECTS FALLON CO. TO DEVELOP $330 MILLION MIXED-USE PROJECT IN CHARLOTTE Horizon Development Properties Inc. (HDP) has selected The Fallon Co. to serve as the master developer for the re- development of the 16.2-acre Strawn Cot- tages site in Charlotte. Once completed, the new $330 million mixed-use develop- ment will feature 725 new mixed-income apartments, with 145 of the apartments deemed affordable; 20 units of for- sale townhomes; approximately 57,000 square feet of retail space; approximate- ly 330,000 square feet of office space; a hotel featuring 180 rooms; and a central green space. "HDP is excited about The Fallon Co.'s vision that will create an 'in- clusive housing strategy' within a dynam- ic mixed-use community," says A. Fulton Meachem Jr., chief executive officer of HDP. "The Fallon Co. will ensure that HDP's goal of providing 20 percent of the new rental apartments affordable to fam- ilies earning between 65 to 80 percent of the area median income becomes a reality. Our model is an essential smart growth strategy that can be duplicated all over our great city." Situated immediately adjacent to South End in the Dilworth neighbor- hood, the site is one of the largest fully en- titled, transit-oriented development sites in the region. The redevelopment will be conducted in multiple phases, the first of which will consist of 160 mixed-income apartments (20 percent affordable) and the hotel. Groundbreaking for site infra- structure is expected in late 2017. ORLANDO, FLORIDA EQUINOX TO BEGIN $20 MILLION REDEVELOPMENT AT WILLIAMSBURG DOWNS SHOPPING CENTER IN ORLANDO Equinox Development Properties Inc. is set to begin a $20 million redevelopment of Williamsburg Downs Shopping Center in Orlando. Renovations at Williamsburg Downs — purchased by Equinox in Sep- tember — will include the enlargement of the anchor Publix location to 45,600 square feet, and upgrades to the center's lighting, signage, parking lot and land- scaping. Improvements are scheduled to begin in early 2017, with completion ex- pected for later that year. With 100+ years of combined retail real estate experience, the associates at CPD are well qualified to help owners and tenants maximize their property values and profits. We help them achieve this success through lease restructuring, sales leasebacks, and surplus dispositions. CPD specializes in working with companies to divest their owned and leased surplus properties, let us help you. Learn More at www.cpdispo.com Success in Excess™ 678-718-1884 u Atlanta . Tampa . Greater Los Angeles