When developer Glimcher Ventures Southwest, Scottsdale, Ariz., completes its new development on the northeast corner of Chandler Heights and Arizona Avenue, the 19.5-acre project will combine more than 100,000 sq. ft. of retail and restaurants designed to complement the new Fulton Ranch development nearby, as well as surrounding residential communities.
“Shoppes at Chandler Heights will help satisfy the demand for new retail locations and restaurants in the community,” said David Glimcher, president of Glimcher Ventures Southwest.
Construction is scheduled to begin in November 2007, with expected completion in October 2008.
ASweeping Redevelopment in Salt Lake City
In a move that is described as “one of the most sweeping redevelopments” in General Growth Properties’ 53-year history, Cottonwood Mall near Salt Lake City will be transformed from a conventional enclosed mall into a mixed-use development of fashionable shops, residences, offices, streets, riverside trails and a public plaza.
“This project is a great example of how existing properties in our company portfolio can represent major new business opportunities through reinvention,” said John Bucksbaum, CEO of Chicago-based General Growth. “By 2010, Cottonwood will look nothing like its present form.”
Using environmentally friendly building, design and engineering strategies and materials, General Growth will incorporate such uses and amenities as distinctive housing types, shops, a specialty grocery, cinema, cafes and upscale office space.
Retail Scores In Dubai
The world’s first integrated sports city, opening in Dubai, United Arab Emirates, will unveil more than 1.7 million sq. ft. of retail space across three distinctive destinations. Dubai Sports City, a $3 billion, 50 million-sq.-ft. development centered around four sports stadiums, will feature the Arena Mall, North Point and South Point retail and commercial hubs—all of which are expected to open in fourth quarter 2009.
Developed by Dubai Sports City as the cornerstone of Dubailand, the project in total will feature residences, retail, dining, entertainment and amenities such as a waterfront promenade, outdoor seating and a Riviera-style atmosphere.
In addition to the four major sports stadiums, Dubai Sports City will offer the first purpose-built Manchester United Soccer Schools in the world, a tennis academy, golf school, a global cricket academy, the WorldHockey Academy and an 18-hole championship golf course.Goes Uptown in Dallas
A large-scale mixed-use project in Uptown Dallas will feature vertical retail and restaurant space layered with residential and office uses. Developed by Dallas-based Granite Properties and Gables Residential, the $200 million, two-tower project located on 2.145 acres in Uptown Dallas will launch construction in January 2008, and is eyeing a completion date of fourth quarter 2009.