DEVELOPER: Makar Properties LLC

LOCATION: Huntington Beach, Calif.

SIZE: The development will feature 161,000 sq. ft. of specialty retail, restaurants and entertainment and 30,000 sq. ft. of office space. It also includes a 196-room boutique hotel and 516 upscale residences.

PROJECTED COMPLETION: Retail component, 2009

BUZZ: The project will link the city's two existing luxury resorts, the Hyatt Regency Huntington Beach Resort & Spa and the Hilton Waterfront Beach Resort, with the city pier and the existing downtown district.