1: The Shops at Summerlin Centre/1.5 million sq. ft.
The Howard Hughes Corp. is developing this mixed-use center in Las Vegas. The project is already 85 percent pre-leased and is slated to open in the third quarter of 2014.
2: The Mall at University Town Center/880,000 sq. ft.
Mall REIT Taubman Centers and Benderson Development Company are partnering on this 880,000-sq.-ft. project in Sarasota, Fla. Fully pre-leased, the Mall at University Town Center will open its doors in the fourth quarter of 2014.
3: Shops at Nanuet Mall/747,500 sq. ft.
Simon Property Group is targeting a completion date in the fourth quarter of 2013 for this development in Nanuet, N.Y. The center is approximately 59 percent pre-leased.
4: Fashion Outlets of Chicago/538,000 sq. ft.
Getting on the outlet center bandwagon, AWA Talisman and Macerich Co. are building this 538,000-sq.-ft. project in Rosemont, Ill. Pre-leasing levels reportedly reached 97 percent. The opening is just a few months away, in the third quarter of 2013.
5t: The Village at Meridian/500,000 sq. ft.
Based in Meridian, Idaho, this center is already 100 percent pre-leased. Developer CenterCal Properties plans to open the property by the end of 2013.
5t: Brickell CityCentre/500,000 sq. ft.
The largest development project in downtown Miami, this mixed-use center will come on-line sometime in the fourth quarter of 2015. Swire Properties is the developer behind Brickell CityCentre, which is currently 7 percent pre-leased.
5t: Palm Beach Outlets/500,000 sq. ft.
Another Florida project, Palm Beach Outlets should open its doors by the end of 2013. It is being developed by a partnership of New England Development, Eastern Real Estate and Lubert-Adler. Palm Beach Outlets is 99 percent pre-leased.
8: Prestige Outlets Chesterfield/450,000 sq. ft.
There may have been some doubts about whether this project would ultimately get built, given developer Taubman Centers' rivarly with Simon Property Group over the Chesterfield, Mo. market, but development efforts seem to be pressing ahead. Taubman reports its outlet center is 100 percent pre-leased and will open in the third quarter of this year.
9: MarketStreet Lynnfield/395,000 sq. ft.
W/S Development is working on getting this center, in Lynnfield, Mass., open in the fourth quarter of 2013. MarketStreet Lynnfield is 75 percent pre-leased.
10: World Trade Center Retail/365,000 sq. ft.
Last, but certainly not least, is New York City's new World Trade Center Retail component. Developer Westfield Group hasn't revealed any tenant committments yet, but it still has some time as the project isn't slated to open until the first quarter of 2015.
