Page 87 - RLI November 2019
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streamlined escalators guide shoppers as they move from   The Regal Cinemas will be the theatre company’s only location
                         the waterfront up to the outlet centre. Stores on site include   in the North Hollywood area, according to the developer. It
                         Banana  Republic,  Brooks  Brothers,  Columbia  Sporting   will be moving in just down the street from the Regency Valley
                         Goods, Gap Factory, H&M, Jockey, Nike Factory, Old Navy   Plaza 6 and Cinemark North Hollywood, and not far from the
                         and  more. Additional  retailers,  including  Nordstrom  Rack,   Laemmle Noho 7 in the arts district area. The 24 Hour Fitness
                         American  Eagle  Outfitters,  Crocs  and  more  opened  their   will also be near some other gyms, including Golds Gym on
                         stores throughout the spring and summer. Work is still being   the Valley Plaza side of the shopping area.
                         completed on a 40,000sq ft food and beverage deck that is   Headquartered in New York, Seritage Growth Properties
                         scheduled to open with dozens of food concepts -- including   is  developing  The  Esplanade  at  Aventura  which  is  due
                         MRKTPL, Staten Island’s first artisanal food hall -- in the fall.  to  open  in  the  spring  of  next  year  in  Aventura,  Florida.
                           One of the biggest projects in the world, which has also   The  first phase of the  scheme  will feature  the ground-up
                         undergone several delays, is the American Dream project in   development of 215,000sq ft of experiential retail, unique
                         East Rutherford, New Jersey by developer Triple Five Group.   entertainment and fine dining in a luxurious open-air setting.
                         The scheme will provide a mix of entertainment and retailing   Esplanade  at  Aventura  is  a  transformational  project  that
                         in the heart of the New York metropolitan area. The project   provides an unparalleled open-air destination for domestic
                         is accessible both by more than 21 million residents and by   and international retail, dining and entertainment concepts.
                         the  55  million  domestic  and  international  tourists  that  visit   This thoughtfully designed project will provide retailers and
                         the area every year. American Dream combines retail, dining,   restaurants a setting to fully display their latest experiential
                         entertainment  and  visitor  attractions  on  a  large  scale. The   oriented brands in a high street environment, with activated
                         retail component comprises over 450 retail, food and specialty   outdoor  space  and  an  abundance  of  patio  and  rooftop
                         shops with anchors including Saks Fifth Avenue and Lord &   gathering  areas.  Once  completed,  this  modern  physical
                         Taylor. Nearby are leisure attractions including North America’s   environment will house a diverse mix of leading domestic
                         largest  fully-enclosed  indoor  DreamWorks Water  Park,  an   and international retailers and restaurants, many of which will
                         indoor Nickelodeon Universe Theme Park and a 16-storey   be new to the South Florida market, creating a world-class
                         Big Snow indoor ski & snow park. The leisure element of the   attraction for residents and visitors from around the world.
                         project also includes a 1,500-seat live performing-arts theatre   Intended  as  a  first-of-its  kind,  L&L  Holding  Company,  in
                         an  87m-tall  observation  wheel;  luxury  movie  theatres  by   partnership with Maefield Development, Fortress Investment
                         Cinemex; a 6,500sq m Sea Life aquarium & Lego discovery   Group and the Nederlander Organisation, is creating a full-
                         centre;  NHL-size  ice  rink;  and  an  18-hole  miniature  golf   building  promotional  platform  in Times  Square,  New York.
                         course. The centre also features The Collections – a 42,615sq   TSX Broadway will comprise 51,096sq m, 46-storey tower
                         m  luxury  and  fashion  area  and The  Dining Terrace,  which   which includes an outdoor stage suspended nine metres high.
                         comprises 15 full-service restaurants. The mall is currently set   The project includes the largest (177 metres tall) and most
                         to open in stages, the first part opened last month, with the   technologically advanced signage and lighting package available
                         retail section set to follow next year.       as well as 11 floors of retail/experiential space, and a 669-
                           A 24-Hour Fitness gym, Regal Cinemas theatre and an Old   room luxury hotel. The Palace Theatre will be elevated nine
                         Navy apparel shop will be among the major tenants moving   metres before undergoing a $50M (€45.5M) renovation and
                         into  the  former  Laurel  Plaza  shopping  centre  site  as  part   modernisation. TSX Broadway was conceived as the way to
                         of the NoHo West project now under construction in Los   connect with customers in the digital age. With fully-integrated
                         Angeles, the developer Merlone Geier Partners said recently.   retail,  entertainment,  hospitality,  and  food  and  beverage
                         The announced gym, theatre and clothing retailer tenants will   offerings, TSX Broadway provides the venue for a range of
                         be among the 50 to 60 commercial tenants of the 570,000sq   experiences, performances and interaction in the world’s most
                         ft NoHo West project that is due to open in spring next year.   visible location. The project is due to open in 2022.


                                               THE ESPLANAdE AT AVENTurA                             TSx brOAdwAy
                                                           Florida, uS                                 New york, uS
                                             developer: Seritage Growth Properties                      developers:
                                                                                                  L&L Holding Company,
                                                                                                  Maefield development,
                                                                                                Fortress Investment Group
                                                                                               and Nederlander Organisation





























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