REAL ESTATE

Bloomingdale’s to make Hawaiian debut

BY Marianne Wilson

New York — Bloomingdale’s plans to open a 167,000-sq.-ft., three-level store at the Ala Moana Center in Honolulu in fall 2015. It will be the retailer’s first location in the state of Hawaii.

The new store will be part of a redevelopment of a portion of Ala Moana, by GeneralGrowth Properties. Construction will begin in 2014. The upscale chain of department stores, owned by Macy’s, will join a Macy’s store which already operates at the shopping center.

“Ala Moana will provide an exceptional environment for the distinctive, upscale shopping experience for which Bloomingdale’s is world famous. It is a beautiful open-air shopping center that is a recognized destination not only for local customers from the Hawaiian islands, but also for visitors from the U.S. mainland, Asia and worldwide,” said Michael Gould, chairman and CEO of Bloomingdale’s.

In addition to its 36 current stores, Bloomingdale’s will open a store in fall 2013 in Glendale Galleria in Glendale, Calif. In addition, an all-new Bloomingdale’s is expected to open in fall 2014 in Stanford Shopping Center in Palo Alto, Calif., to replace an older store in the same shopping center.

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REAL ESTATE

Wegmans delays Massachusetts store opening

BY Dan Berthiaume

New York – Wegmans is pushing back the scheduled opening of a new store in Newton, Mass., until spring 2014. The grocery retailer is citing construction delays and demands of other projects, such as the upcoming grand opening of a replacement store in Rochester, N.Y., this Sunday, for causing the later opening of the new suburban Boston location.

Wegmans currently operates one store in Massachusetts, a 138,000-sq.-ft. facility in the town of Northborough.

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REAL ESTATE

Twin Peaks unveils new name, trio of major anchors

BY Katherine Boccaccio

Longmont, Colo. — NewMark Merrill Mountain States named three new anchors for the redeveloped Twin Peaks Mall: Whole Foods Market, Regal Cinemas and Sam’s Club.

The project, which is slated to open in 2014, also unveiled its new name – Village at the Peaks.

Whole Foods is making its Longmont debut with a 30,000-sq.-ft. store. Sam’s Club is also making its Longmont entry with a 136,000-sq.-ft. store, and Regal Entertainment Group is bringing Northern Colorado its first Regal Cinema’s RPX concept – a 12-screen theatre named Regal Premium Experience – to the property.

"Now that the experience is truly taking shape, the time is right to introduce our new name, Village at the Peaks,” said Allen Ginsborg, managing director and principal, NewMark Merrill Mountain States.

NewMark Merrill Mountain States is transforming the formerly enclosed mall into an all-new, open-air, super-regional destination for shopping, dining and entertainment. It purchased the property in 2012, and is working with the City of Longmont in a public-private partnership to reinvent it into a vibrant, modern retail project.

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