REAL ESTATE

Altman Companies to build mixed-use development in Florida

BY Dan Berthiaume

Boca Raton, Fla. – The Altman Companies has closed on 10 acres in the Westchase area of Tampa, Fla., with close proximity to downtown and Clearwater. Construction on the 239-unit mixed-use Altis at Highland Park rental community is scheduled to start right away with first units to be delivered in July 2014.

The community will feature a mix of 239 apartments and 5,000 sq. ft. of retail space. Lender for the development is PNC Bank.

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Samsung Electronics Canada opening 90 in-store shops in Best Buy Canada and Future Shop

BY Marianne Wilson

MISSISSAUGA, Ont. — Samsung Electronics Canada is opening 90 new format Samsung Experience Shops in partnership with Best Buy Canada and Future Shop.

The company plans to expand its Canadian retail footprint with the opening of two freestanding Samsung Experience Stores, one in Edmonton, Alberta, and the other Richmond, B.C. All retail locations are scheduled to open by spring 2014.

Stated James Politeski, president of Samsung Electronics Canada: "We are expanding our retail presence to ensure consumers get the most out of our innovation by learning how to leverage their mobile devices across our ecosystem of consumer electronics.”

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Cabela’s announces three new stores, including its first in North Carolina

BY Marianne Wilson

Sidney, Neb. — Cabela’s Inc. announced plans to enter three new markets – Nanaimo, British Columbia, Canada; Garner, N.C.; and Sun Prairie, Wis.

Construction on Cabela’s 100,000-sq. ft. Garner store – its first North Carolina location – is scheduled to begin next summer. The store is expected to open in spring of 2015.

The building’s exterior will reflect Cabela’s popular store model with log construction, stonework, wood siding and metal roofing. A large glass storefront will allow customers to view much of the store’s interior as they approach the building.

The inside will feature the company’s next-generation layout designed to surround customers in an outdoor experience, including museum-quality wildlife displays and a large mountain replica featuring a built-in aquarium.

In Sun Prairie, Wis., Cabela’s will open a 86,000-sq.ft. store in spring 2015. Construction is scheduled to begin next year. It will be Cabela’s fourth store in Wisconsin.

Cabela’s will open a 50,000-sq.-ft. store in Nanaimo, British Columbia, in fall 2014. It will be Cabela’s first location in British Columbia.

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