REAL ESTATE

Swire Properties breaks ground on Brickell CitiCentre project

BY Staff Writer

Miami — Swire Properties announced it has broken ground on its Brickell CitiCentre project, a $1.05 billion mixed-use development that is billed as the largest private sector venture of its kind in Miami history.

The 5.4 million-sq.-ft. property will include a shopping center, two residential towers, a hotel, wellness center, service apartments and two office buildings, together with underground parking. The project will entail redesigning and enhancing the Eighth Street Metromover station to integrate it into Brickell CitiCentre, and constructing two overhead pedestrian crossings connecting the retail center at South Miami Avenue and Southeast Seventh Street.

“This groundbreaking is a milestone event for us,” said Martin Cubbon, CEO, Swire Properties. “I have no doubt that our Brickell CitiCentre project will transform Brickell into Miami’s most vibrant commercial destination.”

The first phase, which includes all elements except for the high-rise office tower, is scheduled for completion in 2015.

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REAL ESTATE

La Boulange du Dome opens at Westfield San Francisco Centre

BY Staff Writer

San Francisco — Westfield Group said that its Westfield San Francisco Centre has added another celebrated chef to its roster with the opening of La Boulange du Dome by French master baker Pascal Rigo on June 25.

Rigo brings San Francisco neighborhood bakery to the Restaurant Collection Under the Dome, which features an all-star team of chefs including Chris Yeo of Straits, Ismael Macias of LarkCreekSteak and Christian Hermsdorf of Cupola Pizzeria. Chef and TV personality Martin Yan will join the group when M.Y. China by Martin Yan opens in September 2012.

Westfield San Francisco Centre is located in the heart of San Francisco near Union Square and is anchored by Nordstrom and Bloomingdale’s.

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REAL ESTATE

The North Face to open at Cherry Hill Mall

BY Staff Writer

Cherry Hill, N.J. — Philadelphia-based Pennsylvania Real Estate Investment Trust said that The North Face will open its first New Jersey location at Cherry Hill Mall this fall.

The opening of the 6,500-sq.-ft. store will coincide with openings from Henri Bendel, Grand Lux Café, Essensuals London and Pottery Barn.

Cherry Hill Mall is anchored by Nordstrom, Macy’s and J.C. Penney.

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