News: Retail
Posted: October 28, 2016
The Simon Konover Co. breaks ground on 5,000 s/f
624 West Main Street - Norwich, CTNorwich, CT The Simon Konover Co. broke ground on a new retail building located at 624 West Main St. This is the latest expansion of retail space on the corner of West Main St., Rte. 82, and Norman Rd. by The Simon Konover Company.
The new 5,000 s/f building will be located at Marcus Plaza, northwest of the existing shopping center. New leases have been signed with Moe’s Southwest Grill and We R Wireless, a Verizon Wireless Premium Retailer. Construction is scheduled to be completed in May, 2017. The property is owned by Norwich Realty Associates, LLC, an affiliate of The Simon Konover Company and is being developed by Sikon Development Corporation (SKC).
Tags:
Retail
MORE FROM Retail
Retail
McEvoy of Conrad Group facilitates $9.5m sale of Sterling Plaza
Randolph, MA Sterling Trust has sold its Sterling Plaza neighborhood retail site located at 45 Mazzeo Dr. to The Shops at Randolph, LLC. The property is home to several restaurants, including the West End Grill, The Well, Outback Steakhouse and It’s Game Time Sportsbar.
Columns and Thought Leadership
Village centers and local retail: What the market wants - by Carol Todreas
Good news! Brick and mortar is alive and well. Many malls are coming back. Americans are flocking to Europe to walk, shop, eat, and enjoy much needed vacations. Visitors return and talk about the pleasures of walking and shopping in local shops in cities and towns all over Europe.
Placemaking and retail in 2024 - by Carol Todreas
Placemaking. That is the word for 2024. While the concept has historical precedence in urban development, it became part of our current culture in the 1960’s when urbanists started to think about cities for people, not just cars.
Keeping the “there” there - by Carol Todreas
New zoning is a big topic for many communities. Whether it is to comply with the 2021 MBTA legislation calling for more multi-family housing in locales with access to T stations or to address other pressures from public-private entities, zoning for multi-family housing is believed to be a major part of the solution to the housing crisis.
Reimagining retail for the downtown - by Carol Todreas
Before COVID-19, downtown retail had been sliding downwards. A few restaurants and stores were hanging on, but the trajectory was headed south. Now with post- COVID-19 lifestyle changes, old-style retail anywhere has lost its market appeal.