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DEVELOPMENT DIGEST

Major tenant happenings Danville, Calif. - Gottschalks has opened at The Shops at Blackhawk, a 200,000 sq. ft. shopping center in Danville, Calif. The 43,000 sq. ft. store carries women's and men's apparel, cosmetics, shoes and accessories; an extensive infant and children's department; and a soft home area, including bed and bathlinens and home accessories. An in-store cafe complements the merchandise offerings. Fresno, Calif.-based Gotts-chalks operates 40 department stores and 22 specialty stores in California, Nevada, Oregon and Washington.

Center openings Cincinnnati - North Miami Beach, Fla.-based Gator Investments, owner of Forest Fair Mall in Cincinnati, has reeled in Bass Pro Shops Outdoor World as one of the center's newest anchors. The 144,000 sq. ft. store will be located in the former Parisian site when it opens in late fall 2000. The addition of the outdoor equipment and apparel retailer is a major step forward in the company's plans to redevelop the center, which will be renamed The Works Cincinnati. The mall is currently anchored by Elder-Beerman, Kohl's and bigg's, with junior anchors Berean Christian Store, Guitar Center and Moore's Fitness World. Its tenant mix also includes a 210,000 sq. ft. entertainment complex anchored by multi-venue Bourbon Street, Time-Out on the Court and Super Saver 8 Cinemas.

Expansions Stoneham, Mass. - Ames Department Store recently joined the anchor lineup at Redstone Shopping Center in Stoneham. The 95,887 sq. ft. store joins existing anchors Marshalls, CWT and Kitchen Etc. The 315,000 sq. ft. center is managed by S.R. Weiner & Associates Inc., Chestnut Hill, Mass.

Bethesda, Md. - Work is under way on a new, six-story, 140,000 sq. ft. retail and office building at Bethesda Row in Bethesda. It will feature up to 25,000 sq. ft. of street-level retail and restaurants and 80,000 sq. ft. of Class A office space, all of which will be located above a 35,000 sq. ft. subterranean art screen cinema. The building's construction marks the fourth phase of a 10-year master redevelopment plan for the complex, which encompasses five contiguous blocks of Main Street retail in the city's central business district. Initial occupancy is scheduled to begin in fall 2000.

Phase III included a 45,000 sq. ft. building, featuring 15,000 sq. ft. of retail space and 30,000 sq. ft. of office space. Tenants, which opened there beginning in September, include Cafe Deluxe, Three Dog Bakery, Vitamins.Com, Grape Finds and Bell Atlantic Mobile. Bethesda Row is owned and managed by Rockville, Md.-based Federal Realty Investment Trust.

Redevelopments Orlando - Ground has been broken on Phase IV of Lake Mary Shopping Centre in Orlando. The 72,000 sq. ft. addition is scheduled to come on line by spring 2000. Owned and managed by Miami-based Equity One Inc., the 300,000 sq. ft. community center currently features Big K, Albertson's and General Cinema as well as 50 additional national and local tenants.

Oklahoma City - Renovation work is expected to be completed this month on Quail Springs Mall in Oklahoma City. Work began late last year with the addition of a 24-screen AMC Theatre and the remodeling of the food court area to incorporate a 1950s drive-in theme. Recent changes have included renewal of the mall entrances; new skylights, flooring and landscaping; and redesigned sunken courtyards to create grade-level, soft-seating areas. Quail Springs Mall is managed by Chicago-based General Growth Properties Inc.

Renovations Wichita, Kan. - Work to update Parklane Shopping Center in Wichita will be completed next month. The 300,000 sq. ft. office/retail center will receive an exterior facelift, including a refacing of selected areas, green metal mansard roofs over walkways, new tenant signage, several brick columns and peaked areas, a clock tower, and brick-paved entrances with landscaping. The developer of the $1.5 million project is locally based Builders Inc. Parklane Shopping Center currently features Auto Zone, Dollar General, Jo-Ann Fabrics & Crafts, RadioShack, Rent-A-Center and Shoe Heaven.

New Developments New Developments

Plainville, Conn. - Cleveland-based Developers Diversified Realty and Rochester, N.Y.-based Wilmorite Inc. are teaming up to develop a 500,000 sq. ft. power center in Plainville. Construction is under way and expected to be completed by spring 2000. The $49 million development will house more than 16 stores, including anchors Lowe's, Kmart, Sony Theater and A.C. Moore.

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