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INFORMATION #1 08-14-2006
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INFORMATION #1 08-14-2006
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Page 2 of 2 <br />Maple Grove and Richfield. Costco has a new store going up in Maple Grove and is scouting the east metro. Dick's <br />Sporting Goads has a new store planned in Maple Grove. In addition, ]C Penney is rumored to be looking at new <br />community center sites. <br />• Anew retailer coming into community centers is LA Fitness, which is looking in Eden Prairie, Roseville, Blaine, Woodbury, <br />Apple Valley, Brooklyn Park, Maple Grove and Minneapolis. <br />• Active restaurants [hat are in community centers include Granite City Food & Brewery, which has metro locations in Eagan <br />and Maple Grove and one set to open this summer in St. Louis Park at Highway 100 and Excelsior Boulevard. The <br />company also has a restaurant in st. Cloud and plans to open a location in Rosedale Mall this fall. Boston Pizza also is <br />expanding with current locations in Maple Grove and Coon Rapids. <br />The Outlook <br />With 1,654,000 sq. ft. of under construction and another 2,737,000 sq. ft. planned later in 2006 and 2007, clearly, community <br />centers will continue to be the growth engine of the retail market. Demand and activity will continue to be robust particularly in <br />fast-growing suburban markets. <br />Redevelopment will continue to play a key role as retailers look for desirable inner-ring locations. <br />Print this Page <br />Close Window <br />http://outlook.uproperties.com/PagePrinter. aspx?InstanceID=e8b69470-Oe4e-4c39-8061-90... 8/8/2006 <br />
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