SEATTLE--(BUSINESS WIRE)-- Regency Centers (NYSE:REG), a national owner, operator and developer of grocery-anchored shopping centers, will begin construction of Grand Ridge Plaza (top left rendering), a 280,113-square-foot shopping center, anchored by market-dominant grocer Safeway, on 24.58 acres.
Located in the heart of Issaquah Highlands, a master planned community east of downtown Seattle, Grand Ridge Plaza will be the only major retail center to serve the community and will draw shoppers from around the region.
Regency will build a 280,113-square-foot open air, pedestrian-friendly center that includes a 44,543-square-foot Safeway and a 56,820-square-foot, 12-screen Regal Cinemas.
The center’s merchandising will focus on convenience retail, restaurants, entertainment and destination retailers in order to create a regional draw from the nearby Sammamish Plateau, greater Issaquah and Interstate 90.
For a complete copy of the company’s news release, please contact:
The Hoffman Agency
Bonnie Hayflick, 904-398-9663
or
Regency Centers
Craig Ramey, 503-603-4726
Senior Vice President, Senior Market Officer
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