So far a 736,000-sf town center, anchored by Macy's and Bass Pro Shops, as well as 40,000 sf of offices and a 333,000-sf Ikea store have opened their doors. Excluding the anchors, the shopping center is about 82% leased and, including the anchors, the center is currently close to 90% occupied, says Valerie Westley, development director for Forest City. The LA Fitness is set for a late fall opening.

Westley says she could not disclose yet which hotels will be constructed. There is a signed contract, with due diligence being conducted, for a hotel "geared towards business travelers" with 150 rooms. Construction is expected to begin on that hotel in the late fall and is expected to take about eight months to complete. Forest City is in negotiations with a second hotel that will have about 150 rooms and a conference center, she adds.

At the intersection of Janes Avenue and Boughton Road, a power center is planned that will be "roughly" 600,000 sf. The power center will include "a very large national general merchandise retailer similar to Wal-Mart or Target," a "large national future concept," restaurants and some office space, she says. Construction on the building is expected to begin in the summer of 2008 with the retail portion opening in the late fall of 2008.