Shoppes at Chino Hills to add two new restaurants
Chino Hills, Calif. — The Shoppes at Chino Hills announced that it is adding Dillon’s Irish Pub & Grill, along with Dripp coffee boutique and ice shop, to its tenant lineup.
The new restaurants join P.F. Chang’s China Bistro, Chipotle Mexican Grill, California Pizza Kitchen, Yard House and Wood Ranch BBQ & Grill at the shopping center.
Dillon’s Irish Pub & Grill will occupy an 8,000-sq.-ft. space near H & M, with an anticipated opening date of fall 2011. Dripp is slated to open this summer across from California Pizza Kitchen.
The Shoppes at Chino Hills features more than 375,000 sq. ft. of retail and restaurants in an open-air, Main Street-style pedestrian setting.
Dollar Tree to open at West Aurora Plaza
Chicago — Oakbrook Terrace, Ill.-based Mid-America Asset Management said that Dollar Tree recently signed a lease for 10,900 sq. ft. at West Aurora Plaza in West Aurora, Ill., a western suburb of Chicago.
The new store is slated to open this June in a former Aronson Furniture space.
Developers Diversified expands enterprise risk management commitment
Beachwood, Ohio — Developers Diversified Realty Corp. announced Friday it has furthered its commitment to risk management with the formalization of its Enterprise Risk Management Program.
The new program, according to Developers Diversified, is an integration of strategy, process, people and technology that promotes the identification, prioritization, ownership and management of the company’s critical risks.
The ERM Program is managed by a risk committee comprised of senior executives representing all major departments and is designed to assess and manage the strategic, operational, compliance and financial risks of the organization.
Daniel B. Hurwitz, president & CEO of Developers Diversified and chair of the risk committee, said, "Embracing sound and comprehensive enterprise risk management practices is aligned with our consistent commitment to manage this company with less risk, both operationally and financially. This is becoming more apparent in every aspect of our business, from reducing our debt and extending its duration to pursuing leases with the most creditworthy tenants."