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Since its inception, Swerdlow Group has successfully developed millions of square feet of retail projects. The projects include regional malls, "big box" anchored power centers, community shopping centers and festival entertainment centers.

 
Size (sq. ft.)
Year Built
or Renovated
Property
Type
 
  Dolphin Mall
Miami, FL
1,700,000
2001
Retail
 
  Great Mall of the Bay Area
Milpitas, CA
1,250,000
2002
Retail
 
  Millenia Plaza
Orlando, FL
600,000
2001
Retail
 
  Miracle Center
Coral Gables, FL
247,000
2000
Retail
 
  Hollywood Hills Plaza
Hollywood, FL
372,000
2000
Retail
 
  Westfork Plaza
Pembroke Pines, FL
398,000
1999
Retail
 
  Las Olas Riverfront
Ft. Lauderdale, FL
256,000
1999
Retail
 
  Cypress Creek Station
Ft. Lauderdale, FL
229,000
1997
Retail
 
  Oakwood Plaza
Hollywood, FL
906,000
1994-97
Retail
 
  Kendale Lakes Plaza
Kendall, FL
404,000
1994-95
Retail
 
  Sheridan Plaza
Hollywood, FL
504,000
1991
Retail
 
  Capitol Plaza Mall
Prince Georges County, MD
500,000
1985
Retail
 
  Cross County Mall
West Palm Beach, FL
365,000
1999
Retail
 
  Post Haste Plaza
Hollywood, FL
50,000
1996
Retail
 

RETAIL DEVELOPMENT EXPERIENCE

DOLPHIN MALL
Miami, FL
Dolphin Mall was developed as a 1,700,000 gross square foot (1,400,000 GLA) super-regional value-oriented mega-mall and entertainment complex. The site is located adjacent to LightSpeed at Beacon Tradeport at the northeast corner of the intersection of the Florida Turnpike and the Dolphin Expressway (SR- 836) in central Miami-Dade County, approximately four miles due west of the Miami International Airport. The Dolphin Mall is part of a mixed-use commercial development encompassing more than 320 acres on the last significant developable parcel of undeveloped land in the area.

In addition to the retail, this development includes up to four million square feet of industrial and telecommunications buildings (see Dolphin Commerce Center). The Dolphin Mall, which is the first of its kind in South Florida, incorporates a unique combination of shopping, dining, entertainment and amusements. This exciting combination is projected to attract both residents and tourists with 18 to 22 million visits estimated in the first year.

GREAT MALL OF THE BAY AREA
Milpitas, CA
The Great Mall of the Bay Area is Northern California's largest value oriented shopping mall, comprising 1.3 million square feet of anchor and in-line retail tenants. The mall is strategically located in the heart of Silicon Valley where 1-880 and U.S. 101 intersect in Milpitas, California.

The Great Mall of the Bay Area is the premiere regional shopping center in the San Francisco Bay-Silicon Valley area and includes an entertainment and leisure time component with movie theaters, restaurants and an interactive adult entertainment center.

 

MILLENIA PLAZA
Orlando, FL
A 600,000 square foot power center located on I-4 at the new Conroy Road Interchange. Major retail anchors include; Home Depot and Expo Design Center, a 35,000 square foot Linens 'N Things and BJ's Wholesale Club. This project is adjacent to the 400-acre Millenia mixed-use development. Millenia Plaza opened in Fall 2001.


MIRACLE CENTER
Coral Gables, FL
The Miracle Center is an architecturally distinctive building located just outside the Coral Gables central business district in the City of Miami. The Miracle Center was formerly an enclosed shopping center and is comprised of 247,000 square feet of gross leasable space and over 1,200 parking spaces on three (3) levels.

Swerdlow Group acquired the building in 2000 through an affiliated real estate company and demolished the interior space for redevelopment. The single tenant in the building, Bally's Health Club, occupies approximately 36,000 square feet. The building has large open floor plates, potential for 20-foot clear heights and is ideally suited for "big-box" retailers. The building can also be used as a corporate headquarters for a large company looking to relocate in Miami.

A third development option is the redevelopment of Miracle Center into a mixed-use project with ground floor retail, large "New York-Style" lofts on the second and third floors and condominiums in a 90,000 square foot residential tower that can be added to the top of the parking deck.

Swerdlow Group recently completed the demolition and portions of the pre-development work at the Miracle Center and now offers the building for sale or joint venture.



HOLLYWOOD PLAZA
Hollywood, FL
A 300,0000 square foot community shopping center located on Hollywood Boulevard, one-quarter mile west of I-95. Originally opened in 1964 as the Hollywood Mall, this site serves the densely populated trade area of southeastern Broward County. The property was redeveloped into an open air center. Anchors include Target, Publix, Eckerds, Kinko's, Starbuck's, Fashion Bug and Payless Shoes to name a few.


WESTFORK PLAZA
Pembroke Pines, FL
A 395,000 square foot power center in the heart of Florida's fastest growing city, a bedroom community of both Miami and Fort Lauderdale. Located ¼ mile west of I-75 at Pines Boulevard and Dykes Road. Anchored by Kmart, Winn Dixie Marketplace and Regal Cinemas.



LAS OLAS RIVERFRONT
Fort Lauderdale, FL
Las Olas Riverfront is a festival entertainment center comprised of 256,000 square feet of theater and entertainment facilities, restaurants, nightclubs and upscale retail shops. The property is located in downtown Fort Lauderdale on a riverfront site overlooking the New River to the south and is adjacent to both the Central Business District and the Arts and Science District at the end of Las Olas Boulevard, the city's established shopping and dining destination. Area cultural and entertainment facilities and events attract an annual regional attendance of approximately l.7 million people from Broward, South Palm Beach and North Dade Counties.

This 3.8-acre downtown Ft. Lauderdale site became available through the cooperative assemblage efforts of the City of Ft. Lauderdale and the Broward County School Board. Originally called Brickell Station, the project was stalled for several years. Ultimately, Swerdlow Group was brought in to lend its expertise to the project. The sites prime location and the area's lack of state-of-the-art entertainment and dining facilities presented an intriguing development challenge.

Because the property was acquired from the City of Ft. Lauderdale, there were many restrictions and limitations placed on its use such as preserving a variety of easements and several historic buildings. Additionally, the site is an irregular shape in a very tight urban location that had to accommodate 256,000 square feet of development and a variety of tenant needs which still create an inviting pedestrian atmosphere. A design was ultimately conceived that accommodated various requirements imposed by the City. Michael Swerdlow's reputation within the community was a major factor, which eventually led to the approval of the proposal after presentations to the City's Historical Board and City Commission.

Downtown Ft. Lauderdale continues to experience a revival. The project is expected to benefit from the fact that no other site in the area is available or can accommodate a large movie theater anchor, which generates much of the traffic for the center. Bank of America and Credit Lyonnais provided construction financing.

CYPRESS CREEK STATION
Fort Lauderdale, FL
Cypress Creek Station is a 229,000 square foot retail center located at the intersection of North Andrews Avenue and Cypress Creek Road in North Fort Lauderdale, Florida. Cypress Creek Station enjoys excellent visibility and access from both Cypress Creek Road and North Andrews Avenue, which has entrance and exit ramps to Interstate 95 within a block of the site. Its location
is in the center of the Cypress Creek office market, which comprises 4 million square feet of office space and 1,500 hotel rooms.

Construction began in April 1996. The initial stores, Just For Feet and Office Depot, opened in November and December 1996, with the balance of store openings occurring in 1997. Regal Cinemas built its own facility with 102,000 square feet of movie theater and entertainment center uses. Regal Cinemas and the center's five restaurant pad tenants have invested an estimated $16 million in their buildings.

The Cypress Creek Station site was originally owned by Olympia & York and had been assembled, planned and permitted as an office building and hotel project. When the site became available in late 1994, Swerdlow Group determined that the highest and best use for the offices and hotels was entertainment and dining needs to serve the general community in an area which had no state-of-the art movie theater and a shortage of restaurants and other services.

The property, which had been known as the Olympia & York Corporate Park, was subject to a DRI Development Order which permitted 1,300,000 square feet of office and hotel development, but also required significant roadway improvements valued at hundreds of thousands of dollars. The DRI, with all its obligations, was abandoned (a process which had very little precedent in the State of Florida) and a retail project with a movie theater was approved.

The irregular shape of the property proved to be a planning challenge that was resolved by, in effect, creating two centers.

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