Upscale Supermarket to Anchor Lifestyle Center Development in Milford, CT

MILFORD, Ct. -- An upscale 30,000-square-foot store operated by a national supermarket chain will anchor Milford Marketplace, a 112,000-square-foot lifestyle center here that will also feature a collection of specialty retailers including Ann Taylor LOFT, Coldwater Creek, Chico's, White House | Black Market, J. Jill, Jos A. Bank, Blue Tulip, Tengda Asian Bistro, and People's Bank.

While the name of the chain was not announced by CBL & Associates Properties, Inc., the Chattanooga, Tenn.-based developer of the shopping center, construction is scheduled to begin next month and a grand opening is planned for the summer of 2007. Milford Marketplace is already more than 70 percent leased and committed.

"The development of new lifestyle centers across the country is a natural extension of our long history of regional mall and shopping center development," said Stephen Lebovitz, president of CBL & Associates. "We have been very active in adding lifestyle elements to our existing properties as well as pursuing lifestyle center opportunities in select markets. The outstanding collection of retailers at Milford Marketplace will make this latest addition to our lifestyle center portfolio a resounding success. The significant amount of pre-leasing at Milford Marketplace attests to the ideal location and strong demographics of the Milford market. We look forward to beginning construction and the opening of this first-class retail destination."

Milford Marketplace will feature "Main Street" style architecture and extensive landscaping in an open-air pedestrian-friendly environment. The lifestyle center will feature two-story facade themed buildings, and curbside parking was developed to provide customers with easy and convenient access to the shops.

The lifestyle center will be located on 13 acres at the intersection of Boston Post Road (Route 1) and Woodruff Road. The center's architects are Allevato Architects Inc. of Franklin, MA. EMJ Corporation of Chattanooga, TN, will serve as the general contractor.
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