REAL ESTATE

McDonald’s to build its biggest store ever, in London for 2012 Olympics

BY Marianne Wilson

New York City — McDonald’s Corp. plans to build the largest restaurant in its system as part of its role as official restaurant of the 2012 Olympic Games in London. The chain has been an Olympics sponsor since 1976.

Speaking in a global webcast on July 20, McDonald’s UK CEO Jill McDonald said the planned restaurant will span 32,290 sq.-ft. over two levels, and will have a kitchen four times standard size to accommodate the crowds. The chain says it expects to serve 1.75 million meals during the games, which run from July 27 to Aug. 12, 2012.

The restaurant is being designed by French architect Philippe Avanzi, who worked on the 2009 modernization of McDonald’s units in Manhattan.

The super-sized restaurant is one of four temporary McDonald’s that will be built in and near the Olympics park in east London. (Two will be open to the public, the others are in areas open only to the athletes and media.) All the units are being designed to be disassembled after the games, with their various components (including furniture and kitchen equipment) recycled into other McDonald’s locations.

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REAL ESTATE

Under Armour opens in Madrid

BY Marianne Wilson

New York City — Athletic apparel, footwear and accessories marketer Under Armour has opened its first European outlet store, in Madrid, Spain.

The space offers high-value shopping in a high-end environment, with a design that strikes a balance between Under Armour’s high-performance athletic goods and its aggressive, intense brand image. Designed by Storeage, Amsterdam (Netherlands), it combines a warehouse look and feel, with concrete floors, industrial lamps and steel fixtures. Clean lines and sleek styling add a note of European sophistication.

Other décor elements include a video wall highlighting the brand’s latest ads and videos, larger-than-life murals with athletic imagery and educational graphics that convey the performance benefits of Under Armour products.

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B.Brent says:
Nov-30-2012 03:23 pm

Under Armour is slowly but surely getting a lot of shares in the market. For the past few years, they are making the smart moves. - Garrett Hoelscher

B.Brent says:
Nov-30-2012 03:23 pm

Under Armour is slowly but surely getting a lot of shares in the market. For the past few years, they are making the smart moves. - Garrett Hoelscher

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Regency leases 8,600 sq. ft. to four new tenants in Houston market

BY Staff Writer

Houston — Jacksonville, Fla.-based Regency Centers said it has leased 8,600 sq. ft. of retail space in Houston to four new tenants.

In The Woodlands, Zoës Kitchen leased 3,018 sq. ft. at Sterling Ridge Village Center, bringing the center to 100% occupancy. The restaurant is slated to open in December. Optometry office Woodland’s Eye Center leased 2,019 sq. ft. for an October opening at Indian Springs Center, bringing the center to full occupancy.

Orange Leaf Frozen Yogurt is scheduled to open in 1,875 sq. ft. at the 96% leased Sweetwater Plaza in October, and Orange Lunch Box will open a 1,700-sq.-ft. restaurant at Woodway Collection in December.

Sterling Ridge Center, a 128,643-sq.-ft. shopping center anchored by Kroger alongside national retailers such as CVS/pharmacy, Quiznos, Sport Clips and The UPS Store, is located at 6700 Woodlands Parkway in The Woodlands. H-E-B anchored Indian Springs Center is a 136,624-sq.-ft. neighborhood center located at Kuykendahl Road and Woodlands Parkway. Sweetwater Plaza is a 134,000-sq.-ft. Kroger center located at 4755 Sweetwater Blvd. in Sugar Land. Woodway Collection, which is currently undergoing a redevelopment, is located at 1407 South Voss Road with national retailers such as Randalls, Pearle Vision and Carrabba’s Italian Grill.

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