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New England Development Projects

CONNECTICUT * Purchase, N.Y.-based National Realty & Development Corp. is renovating two shopping centers in the state. At the 214,577 sq. ft. Hawley Lane Mall in Trumbull, Kohl's department store will open at the center in March 2000, and plans are in the works to add a second, multi-level anchor. Both will be filling space left vacant by previous anchors. Renovation work also is planned with completion set for March 2000.

Kohl's Plaza, a 159,461 sq. ft. shopping center in Wallingford, will undergo a renovation to accommodate Kohl's in a vacant Caldor space. The department store is expected to open in March 2000 and will join existing anchors The Big Party! and Aldi. Exterior work also is planned for the remainder of the center.

* Cleveland-based Developers Diversified Realty Corp. is building Connecticut Commons, a 500,000 sq. ft. power center in Plainville that is expected to open this fall or next spring. Anchors will include Lowe's Home Improvement, Kmart, Loews Theatre and AC Moore.

* New York-based Acadia Realty Trust is renovating 239 Greenwich Avenue, a 40,000 sq. ft., mixed-use property in Greenwich. Owned in a joint venture with Greenwich-based Aberdeen Properties, the project is expected to be completed in September. Anchored by Restoration Hardware, the development also will include 21 apartments.

* Renovation and expansion work has been completed at Hamden Plaza Shopping Center, a 239,209 sq. ft. center in Hamden. Improvements included a new building for anchor Shaw's Supermarket, a new Chili's Grill & Bar, new facade, parking lot improvements, roof work and additional landscaping. Other anchors include Marshalls and new tenants Petco and Odd Job Trading. Concordia Realty Management Inc., Westchester, Ill., was responsible for the project.

*Farmington Valley Mall, a 272,374 sq. ft. mall in Simsbury, is being turned into a neighborhood strip center. When completed this fall, the center will have a new name and its GLA will total 258,707 sq. ft. Anchors include Borders, Hoyts Theatre, Chili's Grill & Bar, Walgreens, Stop & Shop, Bob's Stores and Three-D Bed & Bath. It is a project of West Hartford, Conn.-based Konover Development Corp.

MAINE * The Marketplace at Augusta, a 765,000 sq. ft. power/lifestyle center in Augusta, is being expanded to include several new tenants, among them Home Depot, Linens 'N Things, Old Navy and Gap/Gap Kids. It is currently anchored by Sam's Club, Wal-Mart SuperStore, Hoyts Theatre, Staples, Barnes & Noble and Michaels. The project, expected to be completed in spring 2000, is owned and managed by Chestnut Hill, Mass.-based S.R. Weiner and Associates Inc.

MASSACHUSETTS * Lord & Taylor will be the newest anchor at Emerald Square Mall in North Attleborough. The department store will take over an existing department store site that is being expanded. Existing anchor Filene's also will be expanding the size of its store. Other anchors include JCPenney and Sears. Expected to be completed in October, the mall will increase in size from 967,427 sq. ft. to 1,034,201 sq. ft. It is owned by Newton, Mass.-based New England Development.

The company also is expanding Cape Cod Mall in Hyannis and Liberty Tree Mall in Danvers. More than 200,000 sq. ft. will be added to Cape Cod Mall, including 150,000 sq. ft. of shop space. When completed, its size will total 810,000 sq. ft. In conjunction with the expansion, the mall also will be totally renovated. Interior work will be completed this month, and the exterior finished in late October. The Mugar Group, Boston, is part owner of the mall.

At Liberty Tree Mall, Target is joining the 821,366 sq. ft. center this month. Best Buy and Loews Theatre 20-plex were added in late 1998. Other anchors include Ann & Hope, The Sports Authority, Old Navy and Marshalls. Newton, Mass.-based WellsPark Group is the manager on all three centers.

* Rockland, Mass.-based Tedeschi Realty Corp. is expanding one Stop & Shop Plaza and developing another in the state. The 64,053 sq. ft. center in Sandwich will be getting a new Super Stop & Shop when the expansion project is completed in fall 2000. Other tenants include CVS, Aubuchon Hardware, Bobby Byrnes Pub and Sandwich Spirit Shoppe. The new shopping center, located in Norwell, will include a 64,000 sq. ft. Super Stop & Shop when it is completed in spring 2001.

* Chestnut Hill, Mass.-based W/S Development Associates LLC is developing The Center at Hobbs Brook in Sturbridge. With the majority of the project scheduled to open in spring 2000, the 292,000 sq. ft. center will feature a Super Stop & Shop and Wal-Mart (both opening this year) as well as Regal Cinemas, Old Navy and Gap/Gap Kids. The project is owned and managed by S.R. Weiner and Associates Inc., also based in Chestnut Hill.

* New York-based Acadia Realty Trust is retenanting a recently vacated Caldor space at Caldor Shopping Center in Methuen. The center includes 129,494 sq. ft. of GLA and is anchored by DeMoulas Supermarket. It is expected to be completed in January.

* In Methuen, a former regional mall site is being redeveloped into a power/entertainment center. The Loop will total 478,000 sq. ft. and feature Home Depot, Super Stop & Shop, Loews 20-Screen Theatre, Jillian's and Old Navy when it is completed in May 2000. Individual retailer streetscape presentations as well as lush landscaping, sidewalks and outdoor cafes also will be part of the project. It is a development of The Wilder Cos., Boston.

Wilder also serves as the manager on CityPlace, a 55,000 sq. ft. specialty center in the heart of Boston's theater district that is being renovated. Tenants include P.F. Chang's China Bistro, California Pizza Kitchen, Bennigan's and Brew Moon. No timetable has been set. CityPlace is owned by Boston-based Boylston Development Corp.

* Lincoln Plaza Group LLC, an affiliate of Worcester, Mass.-based Plaza Properties LLC, is redeveloping Lincoln Plaza in Worcester. The existing 45-acre, 450,000 sq. ft. mixed-use center will be repositioned as a power center. The development will be largely razed and rebuilt to accommodate a 600,000 sq. ft. project. A late 1999 start is scheduled and store openings are to begin in spring 2000.

* Cleveland-based Developers Diversified Realty Corp. and Miami-based Rosen Associates Development Inc. are developing Gateway Center, a 609,000 sq. ft. power center and 23-acre public park at the banks of the Mystic and Malden rivers in Everett. The project encompasses more than 88 acres on a former brownfields site that once was occupied by Monsanto Co. Anchors will include Target, Home Depot, Cinemark Theatre, Shaw's Supermarket, Best Buy, OfficeMax, PetsMart and Bed, Bath & Beyond. The center is expected to be completed in spring 2000.

NEW HAMPSHIRE * Work is being done to accommodate a new anchor at Steeplegate Mall in Concord. The Bon-Ton will be joining existing anchors Sears and JCPenney in November. The 437,280 sq. ft. mall is owned and managed by Chicago-based General Growth Properties Inc.

* The Village Shoppes of Salem is nearing completion with a grand opening set for this fall. Anchored by Best Buy, Linens 'N Things, MVP Sports, CompUSA, Michaels and The Big Party!, it is a development of Cleveland-based Developers Diversified Realty Corp. The 170,200 sq. ft. power center is located in Salem.

* Boston-based Net Properties Management Inc. has two projects under way in the state. At the 152,162 sq. ft. Capitol Shopping Center in Concord, Marshalls recently completed a new store that accommodates a 28,000sq. ft. expansion. A full fascia renovation of the center also is under consideration. Other anchors are DeMoulas Market Basket and Ames.

In addition, the company recently subdivided and refurbished a former Montgomery Ward store at Bedford Mall in Bedford. The project included a complete facelift of the building, which now houses Linens 'N Things and Bob's, to complement the rest of the center. Other anchors include Marshalls, MVP Sports and Hoyts Theatre.

RHODE ISLAND * Chestnut Hill, Mass.-based W/S Development Associates LLC is developing The Crossing at Smithfield. The 600,000 sq. ft. power/lifestyle center in Smithfield will be anchored by Home Depot, Regal Cinemas, Linens 'N Things, Old Navy, Gap/Gap Kids, Barnes & Noble, Staples and PetsMart when it opens in fall 2000.

* The Village at South County Commons, a mixed-use neighborhood center in South Kingstown, is in the works. The 152-acre site will be comprised of 150,000 sq. ft. of retail and professional space as well as light industrial, signature office, luxury apartments, an assisted care living facility and a daycare center. Major tenants announced include Entertainment Cinema, Applebee's and Merrimack Health Care. The project, which is being leased by Providence, R.I.-based Olympus Group Real Estate, is expected to open in June 2000. It is a development of Cranston, R.I.-based South County Commons LLC.

* Work is nearing completion on Providence Place, a superregional mall in Providence that features 1.25 million sq. ft. of GLA. Nordstrom, Filene's and Lord & Taylor will anchor the three-level center when it opens next month. It is a development of Providence-based Commonwealth Development Group LLC.

VERMONT * The city of Burlington will get a boost when the $60 million expansion and renovation of Burlington Town Center is completed. The project will feature the addition of a new 150,000 sq. ft. Filene's department store and additional retail space, increasing the center's size from 250,000 sq. ft. to 400,000 sq. ft. The Filene's store, scheduled to open in November, is its first entry into the state. The rest of the expansion is expected to open in spring 2000. The Kevin F. Donohoe Co., Philadelphia, is the developer.

* Gateway Shopping Center, originally named Mall 189, in South Burlington is being de-malled and redeveloped into a neighborhood shopping center. With a GLA of 121,869 sq. ft., it will be anchored by Grand Union when it is completed in January 2001. New York-based Acadia Realty Trust owns and manages the center.

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