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VONS OPEN AT THE MARKETPLACE AT WINDINGWALK
November 20, 2008
Shea Properties Announces Grand Opening of Vons at The Marketplace at Windingwalk in Chula Vista, CA
CHULA VISTA (Nov. 20, 2008) – Shea Properties, a leading investment real estate company headquartered in Aliso Viejo, Calif., announced today the completion of construction and grand opening of a 55,984-square-foot Vons within The Marketplace at Windingwalk, an approximately 104,000-square-foot neighborhood shopping center in Chula Vista, Calif. Situated on nine acres at the gateway to Windingwalk, a master-planned community being developed by Brookfield Homes and Shea Homes, The Marketplace at Windingwalk is located at the southeast corner of Eastlake Parkway and Birch Road. Vons anchors the center and offers the community a US Bank branch and a full-service pharmacy in addition to a wide range of fresh fruits and vegetables, baked-daily breads and pastries, butcher-shop meats and seafood, floral arrangements and a variety of other grocery items. Other businesses now open or opening soon at The Marketplace at Windingwalk include:
Stewart Keith of Flocke & Avoyer Commercial Real Estate, the exclusive leasing agent for the property, represented Shea Properties in all the transactions. Other openings anticipated in early 2009 include Achiote Mexican restaurant, Tutti Fruitti soft-serve yogurt and Happy Nails. Plans for the mixed-use center also include 43 work-loft homes offering home business opportunities on the ground floor and living space on the second story.
The Marketplace at Windingwalk offers a vibrant, Irving Gill-inspired architecture in an upscale and inviting atmosphere. Intimate courtyards and plazas strategically located within the Marketplace feature an outdoor fireplace and fountain offering pleasant respites where people can experience outdoor dining, have a sandwich or yogurt, or just plain relax and enjoy the surroundings.
“The opening of Vons marks an important milestone for The Marketplace at Windingwalk,” said Colm Macken, President & CEO of Shea Properties. “Shea Properties is thrilled to bring service retail and restaurants to the region and is confident that The Marketplace at Windingwalk will quickly become a popular meeting and shopping destination for the community,”
Upon completion, the Windingwalk will include approximately 2,300 residential units, an elementary school and a junior high school. Windingwalk is part of the master-planned community of Otay Ranch which spans over 21,000 acres and will encompass 23,000 homes upon build-out.
Now selling at Windingwalk are the neighborhoods of Amber, Agave, Sapphire and Clover by Shea Homes, and Cordova, Lantana, and Trellis by Brookfield Homes. For the latest developments and community information visit windingwalk.com.
About Shea Properties
Shea Properties is a leading investment real estate company headquartered in Aliso Viejo, CA. During the last 24 years, Shea Properties' operating revenues have grown from less than $17 million in 1984 to more than $215 million for 2007. During that same time, the value of the Shea Properties' portfolio grew from $150 million to $2.4 billion with an additional $3.5 billion expected to stabilize in the next few years. As a leading investment real estate company, Shea Properties currently owns and operates more than 7,500 apartment units and 5 million square feet of commercial real estate in California, Arizona and Colorado. Another 7 million square feet of office, industrial and retail space and 4,300 apartment units are in the development pipeline in California, Colorado and Arizona. In concert with sister company, Shea Homes, the nation's largest private home builder, Shea Properties offers a range of capabilities matched by few other developers in the industry.
November 20, 2008
Shea Properties Announces Grand Opening of Vons at The Marketplace at Windingwalk in Chula Vista, CA
CHULA VISTA (Nov. 20, 2008) – Shea Properties, a leading investment real estate company headquartered in Aliso Viejo, Calif., announced today the completion of construction and grand opening of a 55,984-square-foot Vons within The Marketplace at Windingwalk, an approximately 104,000-square-foot neighborhood shopping center in Chula Vista, Calif. Situated on nine acres at the gateway to Windingwalk, a master-planned community being developed by Brookfield Homes and Shea Homes, The Marketplace at Windingwalk is located at the southeast corner of Eastlake Parkway and Birch Road. Vons anchors the center and offers the community a US Bank branch and a full-service pharmacy in addition to a wide range of fresh fruits and vegetables, baked-daily breads and pastries, butcher-shop meats and seafood, floral arrangements and a variety of other grocery items. Other businesses now open or opening soon at The Marketplace at Windingwalk include:
- Wells Fargo – Now Open
- Bank of America – Now Open
- Oggi’s Pizza & Brewing Company – Now Open
- Windingwalk Cleaners – Now Open
- Eyeworks – Now Open
- In-N-Out Burger – Slated to open in late December 2008
Stewart Keith of Flocke & Avoyer Commercial Real Estate, the exclusive leasing agent for the property, represented Shea Properties in all the transactions. Other openings anticipated in early 2009 include Achiote Mexican restaurant, Tutti Fruitti soft-serve yogurt and Happy Nails. Plans for the mixed-use center also include 43 work-loft homes offering home business opportunities on the ground floor and living space on the second story.
The Marketplace at Windingwalk offers a vibrant, Irving Gill-inspired architecture in an upscale and inviting atmosphere. Intimate courtyards and plazas strategically located within the Marketplace feature an outdoor fireplace and fountain offering pleasant respites where people can experience outdoor dining, have a sandwich or yogurt, or just plain relax and enjoy the surroundings.
“The opening of Vons marks an important milestone for The Marketplace at Windingwalk,” said Colm Macken, President & CEO of Shea Properties. “Shea Properties is thrilled to bring service retail and restaurants to the region and is confident that The Marketplace at Windingwalk will quickly become a popular meeting and shopping destination for the community,”
Upon completion, the Windingwalk will include approximately 2,300 residential units, an elementary school and a junior high school. Windingwalk is part of the master-planned community of Otay Ranch which spans over 21,000 acres and will encompass 23,000 homes upon build-out.
Now selling at Windingwalk are the neighborhoods of Amber, Agave, Sapphire and Clover by Shea Homes, and Cordova, Lantana, and Trellis by Brookfield Homes. For the latest developments and community information visit windingwalk.com.
About Shea Properties
Shea Properties is a leading investment real estate company headquartered in Aliso Viejo, CA. During the last 24 years, Shea Properties' operating revenues have grown from less than $17 million in 1984 to more than $215 million for 2007. During that same time, the value of the Shea Properties' portfolio grew from $150 million to $2.4 billion with an additional $3.5 billion expected to stabilize in the next few years. As a leading investment real estate company, Shea Properties currently owns and operates more than 7,500 apartment units and 5 million square feet of commercial real estate in California, Arizona and Colorado. Another 7 million square feet of office, industrial and retail space and 4,300 apartment units are in the development pipeline in California, Colorado and Arizona. In concert with sister company, Shea Homes, the nation's largest private home builder, Shea Properties offers a range of capabilities matched by few other developers in the industry.
