Centuria’s $1 billion redevelopment is under way in Fort Lee, N.J.


Dillard’s will anchor Juban Crossing in Denham Springs, La., a 471-acre mixed-use development billed as the largest in the state. Co-developed by Baton Rouge, La.-based Creekstone Cos. and Montgomery, Ala.-based Jim Wilson & Associates, Juban Crossing will feature more than 1 million sq. ft. of retail. The first phase of construction breaks ground this summer.


Palm Beach Gardens, Fla.-based Ram Realty Services has entered into a joint-venture partnership with Tampa, Fla.-based Pinnacle Realty Advisors to develop a mixed-use project in Temple Terrace, Fla. The development, featuring retail, restaurants, a post office, theater and more, is slated to begin construction in early 2008.


Centuria, a $1 billion mixed-use project in Fort Lee, N.J., has begun its redevelopment efforts, which are scheduled for completion in 2009. New York City-based Cushman & Wakefield has been named the leasing agent; the project will feature 120,000 sq. ft. of ground-floor, upscale retail topped by a four-star hotel and luxury-condominium complex.… General Growth Properties, Chicago, has launched full-scale post-Katrina redevelopment efforts on Oakwood Center in the West Bank area of New Orleans. The nearly 1 million-sq.-ft. shopping, dining and entertainment destination anchored by Dillard’s, Sears and J.C. Penney is set to re-open in the fall of this year.… Developers Diversified Realty, Cleveland, has launched the renovation of Newnan Crossing shopping center in Newnan, Ga. The 426,730-sq.-ft. power center is anchored by Wal-Mart Supercenter, Lowe’s and Belk.

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