The same company that is proposing to turn Metro North into the Streets at Barry Towne is going to build the Streets at Shoal Creek. The 800k shopping center, much like Zona Rosa will go in at 152 and Shoal Creek Parkway.
Grid you gotta be sh*tting me. Do you have any additional info on this? They're seriously clearing out land between the new Buffalo Wild Wings and Shoal Creek Pkwy to the south of 152 and have been the past 2 weeks. You know who's really screwed are the developers of White Hall Station. Couldn't they see this coming??
It was in last week's business journal. Not sure if it's online yet or not, but I think it is south of 152 and it's a very large site.
Here is a tidbit I found online, but there is a bigger article in the paper.
A Colorado company is considering development of an 850,000-square-foot lifestyle center in Missouri.
The project by Alberta Development Partners LLC, based in Greenwood Village, would be on 80 acres in the 1,700-acre Shoal Creek Valley, a planned community outside of Kansas City. The center would be called The Streets at Shoal Creek.
"There's a huge potential for retail here," said Steve Gilliland, Shoal Creek's development manager. "When The Streets goes in, it's going to be an economic engine of the Northland. And I also envision The Streets being a destination. I believe it's going to draw people from all over the metro just because of its 'feel.'"
Alberta has a contract on the land and is in its due diligence period, said Doug Holmberg, managing director of the land group for Zion Securities Corp., which owns the property.
In the Denver area, Alberta is behind the redevelopment of the former Southglenn Mall into The Streets at SouthGlenn. The company also manages the Southlands mixed-use retail project in Aurora at the intersection of E-470 and Smoky Hill Road.
GRID wrote:
The same company that is proposing to turn Metro North into the Streets at Barry Towne is going to build the Streets at Shoal Creek. The 800k shopping center, much like Zona Rosa will go in at 152 and Shoal Creek Parkway.
They say they are still planning on doing something with Metro North, but I have my doubts that they do both.
I also doubt that their Metro North project would be viable at the same time. My guess is once they got into the market and looked around, they found a more attractive site. The City Council's planning and zoning committee has several ordinances related to amending the Shoal Creek Valley master plan, so this seems ready to go.
dangerboy wrote:
I also doubt that their Metro North project would be viable at the same time. My guess is once they got into the market and looked around, they found a more attractive site. The City Council's planning and zoning committee has several ordinances related to amending the Shoal Creek Valley master plan, so this seems ready to go.
In the meantime, the plan for Metro North continues to be this:
GRID wrote:
The same company that is proposing to turn Metro North into the Streets at Barry Towne is going to build the Streets at Shoal Creek. The 800k shopping center, much like Zona Rosa will go in at 152 and Shoal Creek Parkway.
They say they are still planning on doing something with Metro North, but I have my doubts that they do both.
As far as I know, some group from Canada already purchased both Metro North and Metcalf South.
The Pendergast Poltergeist Project!
I finally divorced beer and proposed to whiskey, but I occassionally cheat with fine wine.
IMHO, the direction of retail development should be tightly coupled with apartment/condo development. Developers should be designing highly-walkable areas with retail in the center and living very closeby. Zona Rosa, but with more deliberate living integrated.
I think the City should have some type of development policy about retail having residential as a component. I also don't understand why more developers don't put residential as part of the mix. Especially grocery stores. Many residents are in need, or will be, of living close to grocery and drug stores. Especially as the baby boomers age to the point where they can no longer drive. It would think these "lifestyle" centers would be a growing trend.
In large cities like NYC, it's very common for apartment buildings to have drug and grocery stores in the street level space. Being within walking distance to these amenities is very desirable.
FangKC wrote:
I think the City should have some type of development policy about retail having residential as a component. I also don't understand why more developers don't put residential as part of the mix.
How are those developments faring here? If they're struggling to attract residents, then I wouldn't be surprised if developers are skeptical.
