SCHERERVILLE, IN—Regency Centers Corp. has begunon the $50 million first phase of Shops on Main, a 147,851-sq.-ft. community shopping center here.
The center will be anchored by leading fashion, footwear and home furnishings retailers, including Gordmans (50,079 sq. ft.), Ross Dress for Less (25,069 sq. ft.), HomeGoods (23,969 sq. ft.) and DSW Designer Shoe Warehouse (18,361 sq. ft.). Developed in conjunction with Boyer Properties, the first phase will include two shop buildings and five pads on 28 acres of the 35-acre site.
“We appreciate the support of the town of Schererville which is a proven retail market based upon historical sales,” said Nick Wibbenmeyer, vice president and regional officer for Regency Centers, in a statement. “We’re excited to become an active member of the community by helping to create jobs. Shops on Main will reflect the key attributes that define a Regency center: market-leading anchors, prime location and enjoyable shopping environment.”
The center is at the intersection of two main arterial roads, U.S. Route 41 and Main Street. Regency owns and operates 14 centers, totaling 1.8 million sq. ft., in themarket.