REAL ESTATE

New Colo. center announced

BY CSA STAFF

Loveland, Colo. McWhinney Enterprises announced the impending development of North Park, a 935-acre mixed-use community in Broomfield, Colo. The project, said McWhinney, is planned to be a vibrant community incorporating a balance of urban connectivity, natural open space amenities, and a 175-acre Applied Research Center.

Defined by a series of village and town centers and campuses connected by pedestrian-friendly streets and trail corridors, North Park is designed to align shopping, dining, and entertainment venues side by side with office, research, medical, and residential uses. At full buildout, the developer said North Park will include over 6,200 residences and approximately 17 million sq. ft. of commercial and mixed-use space.

“McWhinney is working diligently with the City and County of Broomfield on the comprehensive plan for North Park,” said Troy McWhinney, co-founder and principal of McWhinney. “We are pleased with its progress and know that its ideal location north of Denver will bring opportunities for commercial and mixed-use development for Broomfield.”

Park amenities are planned to include connector pedestrian and bicycle trails, an outdoor performance amphitheater, and enhanced wetland and waterways. All amenities will be within close proximity to restaurants and workplaces. Approximately 145 acres of open lands will define North Park’s connection to the natural habitats of the region.

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REAL ESTATE

Masa’s Sushi Japanese Cuisine to open at West Park Plaza

BY CSA STAFF

San Jose, Calif. Jacksonville, Fla.-based Regency Centers said it has leased restaurant space in San Jose, Calif., at West Park Plaza to Masa’s Sushi Japanese Cuisine.

The restaurant operator has leased 1,760 sq. ft. and is slated to open this summer.

The 88,103-sq.-ft. shopping center is anchored by Safeway and Rite Aid alongside Supercuts, Tuesday Morning and Starbucks.

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REAL ESTATE

Charter Realty forms enclosed mall division

BY CSA STAFF

Westport, Conn. Charter Realty & Development Corp. said it has formed a new division devoted to enclosed malls. The Enclosed Mall Division will offer leasing, redevelopment, management and lenders advisory services for enclosed malls throughout the eastern United States.

The new division will be headed up by Peter Elliott, formerly with Simon Property Group, Pyramid Co., Urban Retail Properties, Commonwealth Development and Forest City Enterprises.

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