SM RTbrief - NAI Martens
Transcription
SM RTbrief - NAI Martens
February 2015 SM RTbrief Local investors have purchased the 60,000 SF former Big Dog Motorcycles. Kris Wessel, Jeff Walenta and Scott Salome of NAI Martens handled the deal. The building at 1520 E. Douglas will be offered for lease in increments starting at 3,500 SF. For more information on available space, click here or contact Kris Wessel at 316.262.0000. One Kellogg Place has an end cap available where the former Planet Sub was located. Click here for more information on One Kellogg Place at Kellogg & Greenwich. Wesley Medical Center will build a $28 million children's hospital within its main hospital on North Hillside. The project calls for a complete renovation of Wesley's pediatric areas as well as the addition of 15 private room. Wesley's 30-bed pediatric unit will also receive aesthetic upgrades and improvements to its heating and cooling systems, renovated lobby, entrance and elevators are also part of the plan. The project is expected to take 18 months to complete. Hopping Gnome Brewery has started construction at Douglas & Hydraulic. The beer production facility and tap room will be located at 1710 E. Douglas and will open in April. Dunkin' Donuts had its first Wichita official opening in January at 333 S. West Street. The franchisees plan to open 14 restaurants in Kansas, a total of nine in Wichita. Ethan Allen Design Center is returning to Wichita in Waterfront Plaza on the northwest corner of 13th & Webb. The 7,200 SF store will be next to SpaRenity Nails & Organic. Ethan Allen has about 300 stores globally. Alpha 1 Drop Zone, a Army and Navy supply store, is moving from 1,950 SF near 21st & Tyler to 6,000 SF at 443 N. Maize. Abuelo's is planning an opening its 7,700 SF west Wichita restaurant near Taft & Ridge on May 11. A 1,000 SF outdoor patio will also be included. The restaurant is under construction at 452 N. Ridge Road, south of Freddy's Frozen Custard & Steakburgers and Panera Bread. Abuelo's has another location at 1413 N. Waterfront Parkway. Frankenberry & Johnson, a Wichita dental group, has relocated not far from where the original practice was in northeast Wichita. The 16,500 SF new building is at 3101 N. Cypress. 435 South Broadway, Wichita, KS 67226 316.262.0000 | BuildingKansas.com February 2015 SM RTbrief New Market Square is expanding. The 73-acre 'New Market North' will be located between Super Target and 29th Street and be apparal-focused. Also in New Market Square, Edible Arrangements will be locating in 1,415 SF next to GNC and The Joint, a chiropractic franchise, will open in the same center in front of Super Target where Pie Five Pizza and Firehouse Subs are located. M29 Development is developing two 1.44-acre commercial/ retail sites in front of the Sam's near 29th Street N & Maize Road. The first phase of the project calls for a 10,880 SF retail center facing 29th Street. Construction on the project is expected to start in March and be completed by mid-July. The second phase will face Maize Road. QuikTrip has started construction on a replacement store near 47th Street S & Hydraulic. The store, which will replace an older facility at 4808 S. Hydraulic, will open this summer. This is part of a continued by from Tulsa-based QuikTrip Corp. to update and expand its Wichita presence. A store near K-96 & Ridge Road and the Quiktrip near 35th Street North & Oliver opened at the end of January. Eddie Bauer is moving within Bradley Fair at 21st & Rock to the former 4,500 SF Coldwater Creek between J. Jill and White House/ Black Market. The new store model will sell sportswear and footwear along with gear and accessories for outdoor activities. Buck's Bar & Grill is opening at Ninth & West in the former Cleat's Sports Bar & Grill, previously Shenanigans. The theme will be everything "buck," from deer heads to a Buck Owens guitar and album. Verita Coffee Co. is opening a 1,500 SF coffee shop at 9414 W. Central, which is between Tyler & Maize. The coffee shop will specialize in light roast coffee. Invino Fine Furniture Consignment is expanding for the second time since moving in October 2013 and the fourth time since opening four years ago. Invino is adding 3,900 SF to its existing 4,000 SF. The new space is behind their neighbor Great Harvest Bread Co. Currently, there is not a lot of storage space, so inventory goes straight out onto the floor. The additional space will allow for a work area, to help customers with fixing and refurbishing. 435 South Broadway, Wichita, KS 67226 316.262.0000 | BuildingKansas.com February 2015 SM RTbrief Steve Martens, CEO and Tom Johnson, President of NAI Martens attended the NAI Global Convention in Las Vegas last week. Pictured with NAI Global President Jay Olshonsky, Steve and Tom were among over 500 professionals from the US and 13 countries who participated in three days of networking, educational and business development programs. With 6,700 professionals in 375 offices worldwide, NAI is the largest global network of owner-operated commercial real estate brokerage firms. The new design and reworked East Kellogg plan was unveiled by the City of Wichita. The plan includes upgrades and modifications to Kellogg (US-54/400), Webb Rd, Greenwich Rd & K-96. Construction should begin in the fall. Gianni Bacci's, a tapas bar disguised as a speakeasy, is opening across from Taste & See in Old Town. The restaurant, at 301 N. Washington on the northwest corner of Second & Washington, will have 40 seats on the interior and 40 seats on the patio. Douglas Avenue development is expected to ramp up in 2015 with more than $180 million in projects planned. The Wichita Downtown Development Corp. has identified seven key projects that are expected to begin or continue this year on or near Douglas: • New downtown library - Wichita City Council gave approval to move forward with the design phase ($30 million) • River Vista development - 154-unit apartment complex and parking garage near Douglas & Mclean ($38.4 million) • Intrust Bank - Renovating its downtown headquarters at 105 N. Main ($2 million) • Exchange Place & Biting Building - a 230-unit residential project near Douglas & Market ($66 million) • "Hole" on Douglas between Main & Market - Will be transformed into a pop-up urban park • Former Merrill Lynch building - Tentative plan for renovations to the first and second floor of the office building at Douglas & Market • Union Station - Building improvements and new construction for retail, restaurants and offices. ($54 million) Click here to see Project Downtown in action. Join the momentum. 435 South Broadway, Wichita, KS 67226 316.262.0000 | BuildingKansas.com © Copyright 2013 NAI Martens. Reproduction in whole or part is permitted only with the written consent of NAI Martens. Some of the information contained herein has been gathered from sources deemed reliable however NAI Martens makes no warranties or representations as to the completeness or accuracy thereof.
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