DEVELOPMENT/REDEVELOPMENT

Spurned by the owner, an Illinois town attempts to redevelop its million-sq.-ft mall property
Bloomingdale, Illinois’ Stratford Square Mall has a vacancy rate of 69%. Its owner is doing little to reverse it, so village officials have stepped in to help reinvigorate the 1.3 million-sq.-ft. property.
Dayton’s project developer retakes control of the historic Minneapolis property
The Dayton's Project in downtown Minneapolis is back in the hands of its original developer.

JLL: Orlando’s one of the hottest post-pandemic markets

The U.S. population churned wildly during the pandemic, but 61,000 new residents flocked to Orlando in 2020.
First Look: Tory Burch opens flagship in New York City

Designer Tory Burch has returned to her roots.
Macy’s acquisition completes Festival’s Simi Valley site plan

The Festival Companies has purchased the former Macy’s parcel contiguous to its Simi Valley Town Center, about halfway between Los Angeles and Santa Barbara.
Schnucks Markets debuts smaller-store, ‘fresh’ store concept

Schnucks Markets is putting a new emphasis on fresh.
Fashion retailer Revolve to open innovative pop-up with branded rooms

Revolve is set to make a splash during New York Fashion Week with an interactive pop-up shop.
First Look: Check out Bloomingdale’s new small-store concept

Bloomingdale’s has opened its first-ever location under the “Bloomies” banner.
Von Maur to close at one Des Moines mall and move to another

The Iowa-based department store chain Von Maur has decided to close its store at Valley West Mall in Des Moines next fall and open a new store in the metro’s other mall, Jordan Creek Town Center.
Big mixed-use project tops out in Research Triangle

Fenton, the 69-acre mixed-use district set to open next year in Cary, N.C., reached its maximum height and celebrated with a topping-out ceremony.

Spurned by the owner, an Illinois town attempts to redevelop its million-sq.-ft mall property