Holualoa Cos. and Plaza Cos. purchased 21 acres for the second phase of the Park Central Mall redevelopment, which is to include residential units and a university building. The firms are converting this, the city’s first official large-scale shopping mall, into a mixed-use complex. Completion of the initial 337,000 square feet of office and retail space is set for this coming January. AZ Big Media
Upscale Japanese restaurant Nobu is to open an outpost at the new luxury wing of Macerich’s Scottsdale Fashion Square. Future phases will add on residential and office space and a hotel. The luxury presentation, set to open this fall, will boast fine furnishings and finishes, custom artwork, a dedicated luxury valet and resort-level restrooms. There is to be a new north entrance and arrival point, some two-story storefronts, and restaurants with café seating. AZ Big Media
Boscov’s is to move into the Nordstrom anchor store at Providence Place next fall. Nordstrom, which was among the original tenants at the center's opening, in 1999, will close that store in January. Providence Journal
St. Paul, Minn.
Ryan Cos. intends to redevelop a 122-acre former Ford plant into a master-planned development comprising retail, health care, office and residential space. The City Council must still approve the master plan and the zoning-amendment requests. Ryan says it expects to begin infrastructure work in the fall of 2019. Fox 9
Walpert Properties has plans to transform the former Crestwood mall into Crestwood City Center, a 794,000-square-foot mixed-use center comprising office, retail, medical and entertainment space. Completion of the first phase is scheduled for January 2020. Call Newspapers
MVC Properties’ New Village Plaza is under construction. Arby’s, meal-prep concept Swolehouse, a Wingstop restaurant and a liquor store will be tenants. The two-phase development is scheduled for completion by 2019. Ripco Real Estate is leasing the property. Newsday
New York City
JFK International Airport has plans to add about 301,000 square feet of new retail space across two new terminals. The ground-breaking is set for 2020, and the facilities are slated for completion by 2025. DFNI
Rise Partners has plans to redevelop an 85,000-square-foot former Kmart building into a multitenant center with a heightened roof line and five tenant spaces. Demolition and construction will probably begin sometime next summer. Clarksville Leaf-Chronicle
South Burlington, Vt.
Target is to open its first Vermont store on Oct. 25, which will mean the discounter now has a presence in all 50 states. At 60,000 square feet, this store is less than half the size of the typical Target, which is usually about 130,000 square feet. Twin Cities Business
Broad Street Realty is combining two former shopping centers into a single mixed-use project called Midtown Row. Broad Street has invested about $110 million into the redevelopment, which is to consist of stand-alone retail centers and some five-story buildings with apartments targeted to students from the nearby College of William & Mary. Tenants include Ace Hardware, Earth Fare and Marshalls. Virginia Gazette
By Brannon Boswell