REAL ESTATE

77kids by american eagle pop-up to remain open for spring, permanent stores due in 2010

BY CSA STAFF

Pittsburgh 77kids by american eagle, the children’s brand from American Eagle Outfitters, announced that its pop-up store at The Mall at Robinson, in Pittsburgh, will remain open through April 3, based on positive customer response during the holiday season. Permanent 77kids stores are planned for 2010, the company said.

“The positive customer response to our holiday 77kids pop-up was overwhelming,” said Betsy Schumacher, chief merchandising officer, 77kids by american eagle, a division of American Eagle. “We couldn’t think of a better way to thank our friends in Pittsburgh than to give them another season of great 77kids shopping.”

The store closed for one week to refresh the interior decor and restock with spring merchandise, and is now open for customers.

Completely updated for spring with an infusion of color and energy, the shopping environment still feels deliberately temporary, yet fun and functional, including plywood floors, chalkboard signage throughout, and an eclectic music mix. Chalkboards, free candy and treats help to keep kids occupied while purchases are made.

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REAL ESTATE

ICSC, Real Capital team to build shopping center directory

BY CSA STAFF

New York City The International Council of Shopping Centers said Tuesday that it has entered into an agreement with global research firm Real Capital Analytics to create a global database of shopping centers.

According to Michael Kercheval, ICSC president and CEO, the partnership will expand the association’s Global Shopping Center Directory coverage. “More importantly than ever, the global financial meltdown experienced over the last two years taught us a lesson that a better understanding of the industry’s global supply, demand and capital needs are crucial and this agreement with RCA is a step towards that objective,” added Kercheval.

RCA will transform the delivery of ICSC’s Global Shopping Center Directory and offer free baseline global shopping center data to ICSC members. RCA will also provide a discount to ICSC members for transaction information on global retail property offered by RCA.

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Peninsula Town Center announces 50-plus stores and restaurants to open

BY CSA STAFF

Hampton, Va. Mall Properties and Steiner + Associates, developers of Peninsula Town Center in Hampton, Va., announced that Hollister, Justice, New York & C., The Limited, Chico’s, Cache, Forever 21 and H&M are among more than 50 retail and restaurant tenants that will be joining already opened Macy’s, Barnes & Noble, Target, J.C. Penney, LensCrafters, Barnes & Noble, bd’s Mongolian Grill, Five Guys Burgers and Fries, Chipotle, Outback Steakhouse, The Pub and Mattress Discounters at the Peninsula Town Center.

“Many of these new tenants, including The Wine Loft, Delia’s, Shoe Woo and CineBistro, are either new to the state or new to the region,” said Yaromir Steiner, president of co-developer Steiner + Associates. “Our success in attracting these best-in-class retail and hospitality tenants is a testament to the strength of this project, this market and this region.”

The list includes Aeropostale, Victoria’s Secret, Express, Build-A-Bear, Charming Charlie and Lane Bryant. Among the 15 restaurants listed are several that are making their Virginia debuts, including Bensi’s Ristorante Italiano, Huey’s Diner, Kenji Fusion and (Virginia Tech football coach) Frank Beamer’s American Grill.

“This is the right project, in the right location, at the right time,” said Hampton Mayor Molly Ward. “Our community asked for an upscale, energy-filled mixed-use project. We are getting a good first look at that quality today with the announcement of these great and exciting retail, restaurant and entertainment tenants.”

The 1.1-million-sq.-ft. Peninsula Town Center features 340,000 sq. ft. of fashion and specialty retail, 55,000 sq. ft. of restaurant and dining, 400,000 sq. ft. of traditional/anchor retail, 115,000 sq. ft. of Class A office space and 158 residential apartment units.  

Peninsula Town Center’s grand opening is scheduled for March 11.

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