Samuels & Co. completes 5 deals for Merlin Entertainments
Los Angeles –Samuels & Co. Inc. said it has recently completed five transactions for Merlin Entertainments Group, the second largest location-based entertainment company in the world which develops, owns and operates outdoor theme parks and indoor attractions.
A 33,000-sq.-ft. LEGOLAND Discovery Center opened on March 31 at Grapevine Mills Mall (owned by Mills/Simon Property Group, Inc.), Grapevine, Texas. A 30,000-sq.-ft. SEA LIFE Center aquarium will open in July 2011, directly across the hall from the LEGOLAND Discovery Center and across a plaza from the recently renovated AMC Theaters.
In Atlanta, Simon Property Group’s Phipps Plaza in Buckhead, Ga., pursued Merlin for a 32,000-sq.-ft. LEGOLAND Discovery Center, slated to open April 2012.
Another combination of LEGOLAND Discovery Center and SEA LIFE Center aquarium will open in May/June 2012 in Crown Center located in downtown Kansas City, Mo., in a former Halls Department Store building and will occupy a combined area close to 60,000 sq. ft. on two levels. Crown Center, which is an 85-acre mixed-use shopping/leisure/dinning destination, surrounds the worldwide headquarters of Hallmark Cards, Inc.
Simon to develop Phoenix Premium Outlets
Indianapolis –Simon Property Group Inc. announced that its Premium Outlets division has reached an agreement with the Gila River Indian Community’s Wild Horse Pass Development Authority to develop Phoenix Premium Outlets, an upscale outlet shopping center serving the Greater Phoenix and Scottsdale areas.
The center, to be located in Chandler, Ariz., will be adjacent to the Wild Horse Pass Hotel & Casino in the Wild Horse Development. Phase I of the project will be comprised of 360,000 sq. ft., housing approximately 90 outlet stores featuring high-quality designer and name brands.
Construction is expected to start in the first quarter of 2012 with a spring 2013 opening.
Village of Rochester Hills adds to tenant roster
Rochester Hills, Mich. –Birmingham, Mich.-based Robert B. Aikens & Associates LLC announced the addition of two new tenants, Portrait Innovations and Flat Top Grill, to its Village of Rochester Hills lifestyle center project in Rochester Hills, Mich.
The Village of Rochester Hills Portrait Innovations location, which opened May 10th, is the company’s eighth store in Michigan. Flat Top Grill will replace Baja Fresh as one of the center’s nine eating establishments.
Opened in 2002, the Village of Rochester Hills is a 375,000-sq.-ft. outdoor shopping district located in the heart of Rochester Hills, Mich. The Village was the first project in Michigan to utilize the lifestyle streetscape concept and is home to national and local retailers in various segments, including apparel, dining, home furnishings and beauty.