New York City — RD Management LLC, one of the nation’s largest privately held real-estate development and management organizations, has hired Christopher Bowen as chief development strategist to manage the redevelopment project of University Mall in Tampa, Fla. Bowen brings over 25 years of national commercial development experience.
redevelopment
Toronto — Oxford Properties Group plans to redevelop and expand the former Target location at Upper Canada Mall in Newmarket, Ontario (Canada). The redevelopment includes the introduction of a one-level, 64,000-square-foot Sport Chek location, a 40,000-square-foot first-to-market Food Market concept, a new two-level feature court space and a 35,000-square-foot vertical expansion. Construction officially commenced in February and the redevelopment is scheduled to open in 2018.
Chicago — In South Chicago, Ford City Mall has signed lease extensions with anchor stores Carson’s and JCPenney, and both retailers are planning interior renovations. JCPenney will also add a new Sephora store inside, which is expected to open in late spring 2016.