REAL ESTATE

Swire Properties, Bal Harbour Shops to co-develop Brickell City Centre retail

BY Katherine Boccaccio

Miami — Swire Properties and Bal Harbour Shops announced Wednesday they have agreed to an equity partnership to jointly develop the retail component of Brickell City Centre, currently under construction in the Brickell financial district of downtown Miami.

The 2.9 million-sq.-ft. Brickell City Centre will include 500,000 sq. ft. of high-end retail along with condominiums and hotel slated for completion in latter 2015.

Swire will remain the primary developer of the mixed-use project, while Bal Harbour will contribute equity and luxury retail expertise as co-developer of the retail component.

The $1.05 billion Brickell City Centre project broke ground in 2012. It will include a shopping center, two residential towers, a hotel, wellness center, serviced apartments, two office buildings, and 3,100 parking spaces. The project is being developed in two phases, with the first phase, including all elements except for one office tower, scheduled for completion in 2015, followed by the final office tower in 2018.

keyboard_arrow_downCOMMENTS

Leave a Reply

D.Spencer says:
Mar-18-2013 11:28 am

As we are all gathering to
As we are all gathering to buy a birthday gift for our teacher and I was assign for doing this, I was thinking the shopping city center will offer me some suggestions in terms of personalized teacher gifts if I go out there and take a look through the stores. Any suggestions on this matter are so welcome.

D.Spencer says:
Mar-18-2013 11:28 am

As we are all gathering to buy a birthday gift for our teacher and I was assign for doing this, I was thinking the shopping city center will offer me some suggestions in terms of personalized teacher gifts if I go out there and take a look through the stores. Any suggestions on this matter are so welcome.

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
REAL ESTATE

SRS Real Estate negotiates two Miller’s Ale House leases

BY Katherine Boccaccio

New York — SRS Real Estate Partners said Wednesday it has negotiated two leases on behalf of Miller’s Ale House. The first transaction is a ground lease located on 1.5 acres of land off of the Pennsylvania Turnpike in Willow Grove, Pa. The second lease is 9,200 sq. ft. located at the Bergen Towne Center in Paramus, N.J.

Miller’s Ale House is a 60-unit restaurant chain headquartered in Jupiter, Fla.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
REAL ESTATE

Books-A-Million to open at Arapahoe Crossings

BY Staff Writer

Aurora, Colo. — Brixmor Property Group announced Wednesday a 28,000-sq.-ft. lease was executed with Books-A-Million at Arapahoe Crossings, located in Aurora, Colo., a suburb of Denver.

Brixmor, based in New York City, is the owner of Arapahoe Crossings.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...