Phillips Edison successfully lobbied city officials to have the 33-acre parcel on which La Plata Plaza sits rezoned to accommodate the new retail project. "La Plata Plaza is a fresh and exciting community shopping center with further growth opportunities that will benefit the community, the tenants and Phillips Edison's investors," says John Bessey, Phillips Edison's vice president of development. The property will be expanded in a second development phase, adding 130,000 sf of retail space.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.