West Elm to open in King of Prussia, Pa.
Brooklyn, N.Y. — Home furnishing retailer West Elm, owned by Williams-Sonoma, will open a store in King of Prussia, Pa., on May 16.
The 8,406.-sq.-ft. store will be the second West Elm store in Pennsylvania, following the Philadelphia store.
Dillard’s to anchor Fremaux Town Center second phase
Slidell, La. — Dillard’s will anchor the fashion-oriented Phase II of Fremaux Town Center in Slidell, La., according to co-developers CBL & Associates Properties, based in Chattanooga, Tenn., and Stirling Properties out of Covington, La. Phase I of the project is currently under construction with approximately 330,000 sq. ft. anchored by Kohl’s, Dick’s Sporting Goods, Michael’s, T.J. Maxx, and Best Buy. Phase II will include up to 320,000 sq. ft. of additional retail space.
The grand opening for Phase I is scheduled for March 2014, with construction on Phase II set to begin around that same time with an opening in spring 2015.
“The traction we are receiving from retailers for both phases is a testament to the strength of the market and its increasing demand for retail,” said Michael Lebovitz, executive VP development and administration, CBL.
“Fremaux Town Center has tremendous momentum at this stage,” added Townsend Underhill, Stirling Properties’ senior VP development.
Dillard’s will open a single-level, 126,000-sq.-ft. store featuring the retailer’s latest advances in store design and presentation. “We enjoy a strong relationship with our Slidell area customers and we are looking forward to serving them at an even higher level,” said William Dillard II, CEO, Dillard’s.
WS Development to build new Connecticut outlet center
Cheshire, Conn. — WS Development, based in Chestnut Hill, Mass., announced plans to build an open-air shopping, dining and entertainment complex in Cheshire, Conn., called The Outlets at Cheshire.
The center will also include public open space, walkways, recreation amenities, a residential component and full service grocer.
“The decision to build a destination outlet center is in large part due to the very strong retail interest in the project and the success of outlet centers today,” said Mark Roberts, senior VP leasing, WS Development.
Construction on the 500,000-sq.-ft. project is slated to start in early 2014 with a projected opening of summer 2015.
Project features include a pedestrian-friendly layout that will function as an open-air streetscape with landscaped courtyards and park-like settings throughout the complex.