NEW AND EXPANDING CENTERS OVER 501,000 SQ. FT.

(Unless mentioned otherwise, all are enclosed, air-conditioned malls)

ARIZONA
Phoenix: New partnership plans additional redevelopment of 1.145 million sq. ft. Phoenix Spectrum Mall on 96 acres at Bethany Home Rd (two miles north of downtown Phoenix) (See SCD, P. H659); anchors Wal-Mart 250,000, Costco 155,000, Dillard’s 162,500 sq. ft., 11-screen Harkins movie theater; tenants also include Petsmart, Ross Dress for Less, Hometown Buffet, Walgreen’s and Bank of America; opened ‘61; population 465,000 within 5 miles; average household income over $52,000; 88% leased; developer joint venture Developers Diversified Realty, 3300 Enterprise Parkway, Beachwood, OH 44122, (216) 755-5829, Coventry Real Estate Advisors, 888 Seventh Ave 12th Fl, New York, NY 10019 (212) 699-4102 and Grossman Co Properties, 3101 N Central Ave, Ste. 1390, Phoenix, AZ 85012-2656, (602) 285-1300.

Tucson: Proposed $100 million 811,500 sq. ft. Oro Valley Marketplace on 100 acres at Oracle and Tangerine Rds in Pima County; upscale shopping to feature retail shops, a furniture and home accessory sector, restaurants and a movie theater; parking 5068 cars; developer Vestar Development Co, 2425 E Camelback Rd, Ste. 750, Phoenix, AZ 85016-4220, (602) 866-0900.

CALIFORNIA
Elk Grove: Construction to begin in ‘06 on $500 million, 1.3 million sq. ft. Lent Ranch Mall on 105 acres at Hwy 99 and Kammerer Rd in Sacramento County (See SCD, P. H37); two level mall to have five anchors; an additional 1.8 million sq. ft. of adjoining development of 165 acres would encompass more retail, entertainment and commercial enterprises, and even offices and a 280-apartment complex; population 400,000; developer General Growth Properties, 110 N. Wacker, Chicago, IL 60606, (312) 960-5000.

CONNECTICUT
Milford:300,000 sq. ft. expansion to begin this spring on 1.1 million sq. ft. Westfield Shoppingtown Connecticut Post on 75 acres at I-95 and Boston Post Rd (US Rt 1) in New Haven County (See SCD, P. H746); the plan, which was recently reduced by 121,000 sq. ft. includes Target 125,000 sq. ft. and Galyans 84,000 sq. ft. to join current anchors Filene’s, JCPenney 150,000 sq. ft., Sears; in addition, an existing Fleet Bank will be torn down to make room for a two-story 129,000 sq. ft. freestanding store and a new two-story parking deck will be built near an existing movie theater; 150 stores; parking 4371 cars; opened ‘60; population 978,050 within 20 miles; average household income $75,741; developer Westfield America Inc (Katy Dickey), 11601 Wilshire Blvd, Ste. 1200, Los Angeles, CA 90025, (310) 478-4456.

ILLINOIS
Chicago: $100 million redevelopment continues on 573,000 sq. ft. The Brickyard (formerly the Brickyard Mall) on 50 acres at W Diversey and N Narragansett Ave in Cook County (See SCD, P. G646); former 1 million sq. ft. fully enclosed urban mall has been demolished to make room for an open-air community center; phase 1 development includes anchor tenant Jewel-Osco to relocate to its new 64,565 sq. ft. facility this month; in addition, 116,000 sq. ft. is being developed for specialty retailers; phase 2 development to include 11 freestanding buildings including Target 143,100 sq. ft., Lowe's 143,700 sq. ft., OfficeMax 20,015 sq. ft, Marshalls 30,000 sq. ft., Pier 1 Imports 10,800 sq. ft., Dress Barn 10,000 sq. ft. and outlots for McDonalds and Fifth Third Bank; parking 2200 cars; opened ‘77; developer Mid-America Asset Managment Inc (Dick Spinell), Two Mid America Plaza, 3rd Fl, Oakbrook Terrace, IL 60181-4713, (630) 954-7300.

MASSACHUSETTS
Natick: $150 million expansion planned for 1.6 million sq. ft. Natick Mall on 52 acres at 1245 Worcester St in Middlesex County (See SCD, P. H749); 550,000 sq. ft. expansion to include 65 new stores, four restaurants and 250 luxury condominiums in two eight-story towers; site work, including razing of the former Hostess/Wonder Bread bakery which is adjacent to the mall, to begin this summer with stores opening by fall ‘06; existing anchors Sears, Lord & Taylor, Filene’s and Macy’s; 170 stores; opening ‘66; population 690,000; average household income $95,100; developer General Growth Properties, Inc (John McGourty), 55 W. Monroe St, Ste. 3100, Xerox Center, Chicago, IL 60603-5060, (312) 551-5000.

NEW YORK
Elmhurst: Phase 1 expansion to be completed this month at 623,000 sq. ft. Queens Center on 5 acres at Queens Blvd, Woodhaven Blvd and LI Expwy in Queens County (See SCD, P. H723); entire expansion to bring the mall to nearly 1 million sq. ft. by early ‘05; project to include the newly expanded Macy's 310,000 sq. ft. and a larger JCPenney 204,000 sq. ft.; former JCPenney 140,000 sq. ft. will be gutted to accommodate at least 40 smaller retailers bringing the total number of stores to 175 stores including higher-end retailers like Coach, Godiva, Guess and Clarks and 14 restaurants; in addition, existing tenants H&M, Victoria's Secret and Children's Place plan to expand; parking expanding to 2000 spaces up from 1300 cars; opened ‘73; population 2.1 million within 5 miles; average household income $48,677; developer The Macerich Co (John M. Genovese), 401 Wilshire Blvd, Ste. 700, Santa Monica, CA 90401, (310) 394-6000.