Sugar Land, Texas — A development team by Houston-based Lionstone Investments will renovate Sugar Land Town Square, a 1.4 million-square-foot mixed-use destination located on the southwestern outskirts of Houston. Lionstone is partnering with Dallas-based creative real estate firm Rebees and Planned Community Developers on the project, which will upgrade landscaping and outdoor common areas to allow for social distancing and more public seating as part of Phase I. In addition, the team will add new signage and tenant storefronts and revamp the tenant roster to include local entrepreneurs with original …
remodels
Irving, Texas — The Michaels Companies, Inc., North America’s largest arts and crafts retail chain, recently transformed two existing hometown retail locations as part of a larger strategy to reimagine the optimal maker shopping experience. Customers in the North Texas suburbs of McKinney and Plano can expect an entirely new look and feel when they visit their local store. “At Michaels, we are here for the Maker and the launch of our new concept stores is another way we are creating a more immersive and impactful experience for them,” says …
— By Blake Callahan — Essential steps to plan for success. There are many phases of a remodel project depending on the size of the project: planning, budgeting, demolition, construction/build-back and cleanup. There’s also a great deal of questions that go with each of these phases. I’m going to focus on the ever-important budgeting aspect of the remodel phase. It’s been determined that nearly 2/3 of companies surveyed did not make expected profit and three or four large budget fails is enough to put most companies out of business. …
Austin, Texas — The first Twin Peaks restaurant in the Austin area, which originally opened in 2007, got a lift and reopened its doors with a fresh new look on March 7, 2020. Since that time, due to COVID-19 concerns, in-house diners will have to wait a little longer to enjoy the interior renovations. The restaurant remains open for to-go orders only. Twin Peaks’ restaurant renovations include an updated interior with enhanced dining areas, a modernized furniture and décor package to include all-new contemporary finishes and completely remodeled restrooms. Out …
— By Alex Tostado — Yankee Candle debuts its new store concept, “World Home Fragrance,” to create a personalized fragrance experience. In summer 2019, The Yankee Candle Co. Inc. and FRCH Nelson sat down to discuss how to enhance the way consumers apply fragrance in their homes. Judy Jasper, director of retail activation for The Yankee Candle Co. Inc., and Mari Miura, senior interior designer of FRCH Nelson, worked closely to roll out a new theme for the retailer, World Home Fragrance, at Natick Mall near Boston on …
Chattanooga, Tenn. — CBL Properties has made significant year-end progress on its strategy to transform its properties through redevelopment and the addition of new uses. In 2019, CBL completed a dozen projects totaling approximately 650,000 square feet, with an additional five projects totaling approximately 490,000 square feet currently under construction. Each redevelopment plan is unique and customized based on market demand. Strategies range from repurposing expansive parking fields to add new uses such as hotels, restaurants and self‑storage facilities to backfilling anchor vacancies with exciting concepts that resonate with today’s …
Lexington, Ky. — As A&W celebrates its centennial, the company is preparing for its next century with the recent opening of a new national learning center and prototype restaurant in Richmond, Ky. A&W, which was acquired by its franchisees from YUM! Brands in 2011, has welcomed more than 70 U.S. locations under the new leadership; a dozen more are in various stages of development. Located less than a half-hour from A&W’s headquarters, the Richmond restaurant is the first freestanding “Gen19” prototype that takes a holistic approach to guest engagement. The …
Raleigh, N.C. — Golden Corral, the nation’s largest grill-buffet chain, has launched an incentive for franchisees to remodel their current restaurants to the Golden Corral brand’s new Gateway design package. The comprehensive incentive program will support franchise owners with a reinvestment credit, a local marketing credit, and a people hiring and training credit. Currently, the company plans to remodel 60 franchise restaurants in 2020. Golden Corral first introduced the new Gateway restaurant design in December 2017, featuring a contemporary appearance with oversized windows, stacked stone fireplaces, redesigned buffet service areas, …
Roseville, Minn. — Fifty years after it first opened, Rosedale Center plans to significantly expand the center by redeveloping a part of the property to create new housing, a hotel, a grocery store and other new retail space. JLL, Rosedale’s management team, will soon submit formal plans to the City of Roseville, Minn., to begin the process of review and permits for the proposed expansion. The company hopes to begin initial construction work next year on what will be a phased project. “Rosedale Center is a very successful shopping and …
— By Jim Arabia — Grocery stores in particular generate big boosts in sales from refreshing and remodeling. The fear of online shopping overtaking in-store purchases certainly hasn’t hit the grocery market yet, with a Gallup poll showing 84% of U.S. shoppers never buy their food from the internet. With that in mind, many retailers — not just grocery stores — are ensuring their physical store is keeping pace with customer needs, through remodeling and introducing more technology for a better shopping experience. Indeed, artificial intelligence (AI) is playing …