October 30, 2018 | CRE Sources
Terra has broken ground on phase two of Pines City Center, a 47-acre mixed-use lifestyle development in the fast-growing City of Pembroke Pines.
The announcement comes as a string of completed leases have been signed at the 150,000 square foot retail development. Anchor tenant Hobby Lobby will be joined by a host of restaurants and retail outlets including the Walk-On’s Bistreaux & Bar (co-owned by New Orleans Saints quarterback Drew Brees), Chuy’s Tex Mex, McAlister’s Deli, Paradise Grills and Davvero Pasta.
The following is a breakdown of the development’s newest tenants:
• 8,151 square feet – Walk-On’s Bistreaux & Bar, Louisiana-based sports bar chain co-owned by New Orleans Saints quarterback Drew Brees and winner of ESPN’s ‘Best Sports Bar in America’
• 7,585 square feet – Chuy’s Tex Mex, national fast-casual chain known for its funky décor and authentic Mexican dishes
• 3,427 square feet – McAlister’s Deli, American chain of fast-casual restaurants with over 400 locations across the southeast U.S.
• 3,035 square feet – Paradise Grills, a nationwide manufacturer & online retailer of commercial barbecue grills, stainless appliances and prebuilt luxury outdoor kitchens
• 1,440 square feet – Davvero Pasta, new fast-casual restaurant concept serving a variety of fresh, made-to-order pasta dishes
“Anchor tenants like Publix and Hobby Lobby, along with the right mix of food and beverage operators, are vital to creating a center that will become an everyday destination for Pembroke Pines’ fast-growing community,” explains Terra president David Martin. “Between our first and second phases of Pines City Center, we are bringing in tenants that appeal to a cross-section of consumers, from residents in surrounding neighborhoods, to tenants occupying space at nearby office developments.”
Located in Broward County at the southwest corner of Pines Boulevard and Palm Avenue, the two phases of Pines City Center will comprise approximately 300,000 total square feet of lifestyle-oriented retail, entertainment and restaurant space alongside residential apartments. Phase one, now complete, comprises 145,000 square feet of Publix-anchored retail space and phase two will add an additional 150,000 square feet of retail alongside 387 apartments. Pines City Center is approximately 95% pre-leased with completion of phase two slated for the summer of 2019.
With nearly 400,000 people living within a five-mile radius of the site and 1,500 residential units within walking distance, Pines City Center is generating strong interest among national and regional retailers. Next door to the project, the City of Pembroke Pines recently completed a $60 million civic center which features a 3,500-seat performing arts center and conference hall, an outdoor plaza, a 10,000-square-foot art gallery and a new city hall.
Rod Castan, president of leasing and management for Courtelis Company, is overseeing leasing for the center.
“Retailers and high-quality restaurant tenants are attracted to Pines City Center for its combination of civic, entertainment, commercial and residential uses in a vibrant market area that draws visitors from both the immediate neighborhood and across South Florida,” said Castan.
Pines City Center is one of three projects Terra currently has underway in Broward County. Nearby, the firm is developing another mixed-use lifestyle retail development also in Pembroke Pines, called 16000 Pines Market; and is also building a 121-acre master-planned residential community in Weston called Botaniko, which features 125 contemporary-style homes designed by architects Chad Oppenheim and Roney J. Mateu.