Nedbank Corporate Property Finance and Octodec Investments Limited are partnering to develop a retail and residential complex in Arcadia, South Africa. The Cambridge Shopping Center in the Pretoria central business district is also under construction.
Australia-based Westfield Group told GlobeSt.com it plans to add an open-air lifestyle district to its 940,000-square-foot enclosed mall in Vancouver, Wash., as part of an overall mall renovation. Westfield will demolish a former Mervyn's building to make room for the open-air section of the mall.
The Arcadia, Calif., City Council has approved plans for an 830,000 square-foot shopping mall and mixed-use development next to the Santa Anita racetrack. The project, called The Shops at Santa Anita, would consist of a mix of commercial, retail and office development near the racetrack.