CBL & Associates Properties, Chattanooga, Tenn., and Robert B. Aikens & Associates, Birmingham, Mich., have formed a joint-venture partnership, along with development partner BDR, Inc., of Grand Rapids, Mich., to develop the Village of Orchard Hills project in Grand Rapids Township, Mich. The 400,000-sq.-ft. open-air, mixed-use lifestyle center will begin construction in fall 2007 and is slated to open in spring 2009. … Greenwich, Conn.-based Gordon Group Holdings and Rubin Stahl have partnered with Morgan Stanley Real Estate Equity Fund to build Lac Mirabel, a $400-million mixed-use complex 30 miles north of Montreal. The project will include 1.9 million sq. ft. of retail and entertainment space. … Chicago-based General Growth Properties has joint-ventured with Las Vegas-based Boyd Gaming Corp. to develop a 300,000-sq.-ft. retail promenade as part of an 87-acre resort masterplan development called Echelon, located on the Las Vegas Strip.
Trademark Property Co., Fort Worth, Texas, has agreed to acquire the Padre Staples Mall in Corpus Christi, Texas. The 1 million-sq.-ft. mall is anchored by Dillard’s, J.C. Penney and Macy’s. Plans are under way for a phase-one, $15 million renovation. … Jacksonville, Fla.-based Regency Centers has acquired a 65.31-acre tract in North Las Vegas, on which it will develop Deer Springs Town Center, a 700,768-sq.-ft. shopping center anchored by a national general merchandise retailer and a home-improvement superstore.
Cleveland-based Developers Diversified Realty hosted its first-ever “Kids With Heart” program that honored 10 outstanding youth across the country. The program recognized young people “who have made a difference in their communities,” said John Kokinchak, senior VP of property management.
Long lines greet iPhone debut
CUPERTINO, Calif. The long-awaited debut of Apple’s iPhone was greeted with long lines outside of Apple and AT&T stores on June 29 with some people camping out days to get one. Analysts expected Apple’s new smart phone to sell about 200,000 units during its first weekend in release.
The combination phone and Web browser is selling for $499 for a basic phone and $599 for a version with 8GB of memory. The sleek phone that’s operated with a touch screen also comes with an iPod and a camera. The phones are being sold exclusively at 166 Apple stores and 1,800 stores operated by service provider AT&T. Apple ceo Steve Jobs said he hopes to sell about 10 million iPhones during its first year on the market.
CE vet Callahan passes on
HUNTINGTON BEACH, Calif. CE veteran Phil Callahan died from what is believed to be a heart attack June 26 at the age of 57.
Callahan spent several years at Mitsubishi and also held positions at Sumiko, Hitachi and Princeton Graphics Systems. In June 2005 he founded a public relations and consulting firm named Callahan Public Relations and Consulting.