Developer to unveil shopping center plans - Complex would be built on vacant land, anchored by large Albertson's store

Developer to unveil shopping center plans - Complex would be built on vacant land, anchored by large Albertson's store

Dallas Morning News, The (TX) (Published as The Dallas Morning News) - March 11, 2001

Author/Byline: Sarah Post, Staff Writer
Edition: THIRD
Section: RICHARDSON

Residents can get their first look this week at plans for a proposed shopping center that developers hope will stir revitalization of the once-flourishing retail center at the northwest intersection of Coit and Spring Valley roads.

The plan for the center, which will be anchored by an Albertson's store, will be introduced to residents and members of the Richardson and North Dallas Coalition (RANDCO) when they meet at 7 p.m. Tuesday at the Willow Falls Clubhouse at Coit and Brookgreen Drive.

Dan Muniza, construction manager for Houston-based CenterAmerica Property, will explain the proposal and answer questions about the project.

The Albertson's store will be developed by CenterAmerica on vacant land that north of the center. The owner of the property, John Werra, has been trying for more than a year to develop the acreage that previously contained hundreds of apartment units. The city of Dallas condemned the Holly Tree Apartments, and they were torn down in 1998.

Mr. Muniza said a contract with Albertson's hinges on the developer's ability to demolish the portion of the existing L-shaped shopping center that faces south. The section now includes CiCi's Pizza, a Sunnyland outlet store, and various service businesses.

"We need to be allowed to knock down a certain portion to create a clear driveway to Spring Valley," Mr. Muniza said.

The west side of the property is leased by Sunnyland Furniture Company, the String Bean restaurant, Kids2, and Dinettes and Dreams.

Mr. Muniza said the Sunnyland property also would be remodeled to create a unified look, though the new and old portions of the shopping center would be under different owners, as they are now.

CenterAmerica is the second developer to attempt the project. A Trammell Crow developer was interested in the revitalization project a year ago, but that proposal did not work out.

The center is expected to open in the spring of 2002. It will include a 62,000-square-foot Albertson's and another 37,000 square feet of new retail space. Several new pad sites like the one currently occupied by a Wendy's franchise also will be available.

CenterAmerica has developed 110 neighborhood shopping centers in the South, including 18 properties in the Dallas-Fort Worth area.

Staff writer Sarah Post can be reached at 972-234-3198 and at spost@dallasnews.com.

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