REAL ESTATE

Westwood redoes North Park Plaza in Phoenix

BY Michael Fickes

Los Angeles, Calif. — Westwood Financial Corp., a national owner-operator of shopping centers, has completed remodeling work at North Park Plaza shopping center in Phoenix, Ariz. Safeway anchors the center. Regional and national tenants include Frazee Paint, Peter Piper Pizza, Subway and Great Clips.

Improvements to the 101,361-sq.-ft. center include a new façade, covering columns with stone, refreshed landscaping and a two-tone paint color scheme.

Westwood wanted to give the center a more contemporary look to fit in with the gentrifying community.

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REAL ESTATE

Whole Foods to Mayfair in Wauwatosa, Wis.

BY Michael Fickes

Chicago, Ill. — Whole Foods Market has signed a 45,150-sq.-ft. lease to anchor the second phase of The Mayfair Collection, a large-scale, mixed-use development in Wauwatosa, Wis. It will be the specialty grocer’s second store in the Milwaukee metropolitan area.

Plans for the second phase of the center also include approximately 50,000 sq. ft. of junior anchor retail space, a mix of upscale bars and restaurants, a bank branch and a 140-room hotel.

HSA Commercial Real Estate, which owns, manages and leases the property, plans to break ground on the second phase this spring with a planned opening for Whole Foods early in 2016.

Phase I of The Mayfair Collection adaptively repurposed functionally obsolete warehouse buildings along Highway 45 into new, contemporary retail environments to be occupied by Nordstrom Rack, Dick’s Sporting Goods, Saks Fifth Avenue Off 5th, Old Navy, Ulta Beauty and others. The grand opening for Phase I is scheduled for April 3. Proposed future phases of the center include multifamily, office and medical facilities.

TOA Architects is the project architect and Premier Design + Build is the general contractor for the first two phases.

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REAL ESTATE

Panera Bread to N. Canton, Ohio, Hoover District

BY Michael Fickes

North Canton, Ohio — Construction of a new Panera Bread will get underway this spring in the Hoover District of North Canton, Ohio. The first retail establishment in the Hoover District, the restaurant plans to open this fall.

Being developed by Industrial Realty Group, the Hoover District is a mixed-use redevelopment envisioned as a live-work-play environment.

According to IRG, when construction is completed in 2015, the 1.4-million-sq.-ft. development will feature 145 one-, two-, and three-bedroom apartments, covered parking, office and industrial space and retail shops and restaurants.

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