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RETAIL NEWS

The Grove at Farmers Market sprouts up in California Plans for The Grove at Farmers Market, a 640,000 sq. ft. mixed-use project in a historic district in Los Angeles, have been unveiled by joint-venture partners Santa Monica, Calif.-based Caruso Affiliated Holdings and Los Angeles-based A.F. Gilmore Co. The center is anchored by the original Farmers Market, an open-air fruit and vegetable market that opened in 1934. Boston-based architect Elkus/Manfredi has designed the new center in the style of the original market. Construction began in September and is scheduled to be completed by February 2001.

The Grove at Farmers Market will have retail spaces ranging from 3,000 sq. ft. to 50,000 sq. ft., a 60,000 sq. ft. cinema complex and a number of restaurant tenants. Nordstrom, Crate & Barrel, Banana Republic and The Gap have all signed letters of intent. An area with 80,000 sq. ft. of office space is also planned.

Arbor Place Mall opens outside Atlanta Last month, Arbor Place Mall, a 1.2 million sq. ft. regional mall, opened in Douglasville, Ga. Anchors Dillard's, Parisian and Sears were among the 91 specialty shops - including Old Navy Clothing Co., Borders Books & Music, Starbucks Coffee and an 18-screen Regal Cinema - that marked the center's grand opening.

In addition, Chattanooga, Tenn.-based CBL & Associates Properties Inc., Arbor Place Mall's manager and developer, has set aside 25 acres of wetlands on the Aneewakee Creek, 2.5 miles from the mall. To commemorate this area, CBL erected an "environmental wall" in the center, which was designed to promote conservation among young people. The wall features colorful, lighted panels with environmental scenes, graphics, and issues surrounding wetlands and water conservation.

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