management

Jericho, N.Y. — Kimco Realty has appointed Josh Gelfman as vice president of development as the company continues to expand its presence in Florida. Gelfman will oversee value-creating redevelopment, expansion and mixed-use projects for Kimco’s Southern region, including South Miami shopping center, Oakwood Plaza North & South, Colonial Plaza and Cypress Creek Station, all located in Florida. “Josh’s knowledge of the Florida market, strong relationships with key stakeholders and proven track record of getting redevelopment projects over the finish line will be vital as Kimco expands its portfolio and mixed-use …

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New York City — RD Management LLC, one of the nation’s largest privately held real estate development and management organizations, has commenced construction on The Home Depot at Macungie Crossing, a new community shopping center anticipated to encompass 182,000 square feet of retail and restaurant space in Trexlertown, Pa. The new 136,000-square-foot location featuring a garden center is slated to open in summer 2023. “The Home Depot opening at Macungie Crossing is a great win for local community members needing a close, convenient option for their home improvement and construction …

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Annapolis, Md. — Fort Worth, Texas-based Trademark Property Company, a mixed-use investor, developer and operator, has completed the initial renovation of Annapolis Town Center, a combined 2 million-square-foot mixed-use property located near the intersection of John Hanson Highway and West Street. These enhancements — such as additional green and community spaces — have driven leasing momentum, leading to 122,000 square feet of new leases with a mixture of retail, food and beverage, and fitness tenants. “One of our guiding principles is to have vision and see beyond, and that is …

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Vernon Hills, Ill. — Dallas-based real estate firm Centennial plans to expand on its Hawthorn 2.0 redevelopment of Hawthorn Mall, a super-regional shopping center in Vernon Hills, a northern suburb of Chicago. Built in 1973, the mall currently houses over 120 retailers. Centennial first announced the redevelopment of Hawthorn Mall in 2019, which included new retail and dining options, luxury multifamily housing and indoor/outdoor gathering spaces. The expanded plans nearly triple the new development at the property and include 162 units of seniors housing, a 25,000-square-foot grocery store and 109,000 …

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Los Angeles — chargeFUZE will scale its innovative and autonomous out-of-home mobile phone charging stations into Westfield shopping centers in the U.S. The initiative is part of an effort to ensure that Westfield guests have the best experience possible and can take advantage of all digital and tech-forward initiatives onsite. chargeFUZE’s portable charging network is being rolled out across Westfield’s US shopping centers, allowing guests to charge their devices while ‘on the go.’ chargeFUZE’s technology will enable Westfield visitors to remain untethered and to charge any device from the comfort …

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Indianapolis — Simon has the following new developments in major growing U.S. markets — Carson, Calif.; Nashville, Tenn.; and Tulsa, Okla. — as well as the expansion of Woodbury Common Premium Outlets in New York. “We are thrilled to bring these new and compelling projects to serve their markets, and they will provide the quality, variety and value combination that retailers and consumers have come to know and expect from Simon,” says David Simon, chairman, CEO and president of Simon. North of New York City, Simon is detailing plans for the …

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— Interview with Matthew K. Harding —   Retail Outlook: In changeable times, tenants focus on customer service and convenience.   North Plainfield, N.J. — Within a changeable environment impacted by ongoing COVID-19 concerns, labor shortages, supply chain disruptions and rising inflation, brick-and-mortar retail tenants are cutting through the noise to focus on what they can control: providing top-notch service and convenience for customers. And coming off a strong year, they are optimistic about what 2022 will bring, according to Levin Management Corporation (LMC), which recently released the findings of …

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Indianapolis — Simon has announced “Grab Go Eat,” a new collaboration with ghost kitchen industry leader, Kitchen United. Through the “Grab Go Eat” platform, customers can order from multiple restaurants in a single transaction for on-mall pickup or home delivery, allowing guests to choose whether food is delivered to their table or any store within the shopping center as well as skip the lines and pick up food directly from the restaurant or on-premise food lockers. “The Grab Go Eat platform with Simon brings a new and cutting-edge dining experience …

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Kansas City, Mo. — Trademark Property Company, mixed-use investor, developer and operator, completed the initial renovations of Zona Rosa, a 1.1 million-square-foot mixed-use town center located in Kansas City’s Northland. “By carefully considering each amenity addition and renovation, we’ve reinvigorated the overall Zona Rosa experience to be a vital part of the community,” says Terry Montesi, CEO of Trademark Property. Zona Rosa improvements included tearing down a building to create open green space featuring outdoor seating, lawn games and event activities, including The Rink at Zona Rosa, an outdoor ice rink available …

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— By Carty Davis — The evolving restaurant facility, changing priorities in CAPEX and capital through and post-COVID.   As regulations and mandates end, owners and operators continue to adapt to a post-COVID society. Declining COVID cases and vaccine availability on a large scale show hints of the virus fading into the past, which is encouraging to business owners and the overall economy. While COVID may be on the decline, consumer behaviors, preferences and the distribution systems that support these evolving consumer tastes are here to stay. The quick-service restaurant …

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