Port Orange, Fla. Chattanooga, Tenn.-based CBL & Associates Properties and Amherst, N.Y.-based The Benchmark Group have announced the grand opening of their jointly developed open-air project in Port Orange, Fla., The Pavilion at Port Orange.
The 415,000-sq.-ft. center opened more than 92% leased or committed with anchors including Hollywood Theaters, Belk, Homegoods, Marshall’s, Michaels, Petco and Ulta.
The Pavilion at Port Orange is one of only a few major retail developments expected to open in the United States in 2010.
The Pavilion at Port Orange’s more than 30 retailers, restaurants and cinema bring a broad range of shopping, dining and entertainment options to the city, and the nearly 2,000 jobs to the region. The completed development is estimated to generate over $1.0 million in annual sales tax revenue to the City of Port Orange and Volusia County as well as more than $1.0 million for local schools and fire and rescue services.
Environmentally friendly features of the development include: highly reflective roofing materials, Dark Sky compliant lighting fixtures, drought tolerant, native Florida landscaping, Water-wise “smart” irrigation heads, storm water ponds for irrigation and dual flush toilets.