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We are excited to bring the first grocery-anchored power center to Springwoods Village. It will be a 385,000-square-foot development designed to increase dwell time for our shoppers by promoting walkability, creating gathering areas, and making it a place to hang out with your family. This will be a great addition to the community.
Regency Centers VP of investments Abe Pacetti tells us his firm will partner with Springwoods developer CDC to break ground on the Marketplace at Springwoods Village this time next year. It can build up to 50 acres of retail; Abe says it might not use them all, but it will need plenty of room for gathering areas, parks, splash pads and the like, aimed at increasing shopper “dwell time.” All 385k SF will likely be built in one phase to LEED Silver standards. The Marketplace’s location has all the benefits of being in master-planned Springwoods (including residential and employment demand) but also sits on the Grand Parkway, making it a regional play.
Read more about the Springwoods Village shopping center on Bisnow
