Settlers Ridge
 | |
| Location | Robinson Township, Allegheny County, Pennsylvania, United States |
|---|---|
| Coordinates | 40°26′20″N 80°08′44″W / 40.43876°N 80.14543°W |
| Opening date | 2009 |
| Developer | CBL & Associates Properties, Inc. and Faison Enterprises, Inc. |
| Management | Wilder Companies |
| Owner | Inland Real Estate Income Trust Inc. |
| No. of stores and services | 50+ |
| No. of anchor tenants | 5 |
| Total retail floor area | 600,000 square feet (56,000 m2) |
| No. of floors | 1 (some anchors feature 2 levels) |
| Parking | 2,940 spaces |
| Website | settlersridgepa |
Settlers Ridge is an open-air lifestyle center in Robinson Township, Allegheny County, Pennsylvania about halfway between Penn Center West and the Robinson Town Centre. The $100 million shopping complex opened for business on October 30, 2009, with phase two of the development currently under construction as of Spring 2011. It is owned by O'Connor/Real Vest Retail Holding Co. LLC of New York, with Boston-based Wilder Companies handling management and leasing at the shopping center.
Planning and development
[edit]In 2006, following the completion of the Ridge Road interchange off of the Parkway West (U.S. Route 22/30), developers CBL & Associates Properties, Inc. and Faison Enterprises, Inc., purchased about 79 acres (320,000 m2) nearby from Robinson Park Associates to develop a new lifestyle center, which was to be called Settlers Ridge.[1][2][3]
The plans were put before the local planning commission in the fall of 2006,[4] and approved by the Robinson commissioners in November 2006.[5] An amended plan for the development was approved by the town commissioners in October 2007,[6] and work began on the site soon after with construction on buildings beginning in the summer of 2008.[7][8][9] In late 2010, CBL sold the first phase of the Settlers Ridge shopping complex to O'Connor/Real Vest Retail Holding Co. LLC of New York for $132.9 million, with an option to purchase the phase two addition from CBL at a later date. Boston-based Wilder Companies currently manages and leases the complex.[10]
Anchors
[edit]- Barnes & Noble – 30,000 square feet (2,800 m2)
- Cinemark Theatres – 53,400 square feet (4,960 m2)
- Giant Eagle Market District – 150,000 square feet (14,000 m2)
- LA Fitness – 38,000 square feet (3,500 m2)
References
[edit]- ^ Schooley, Tim (October 20, 2006). "Deep-pocketed CBL eyes Settlers Ridge". Pittsburgh Business Times. American City Business Journals, Inc. Retrieved 2009-01-10.
- ^ "CBL/Faison Joint Venture Purchases Land to Develop Settlers Ridge Lifestyle Center in Pittsburgh" (Press release). Carolina Newswire. June 11, 2006. Archived from the original on July 8, 2011. Retrieved 2008-12-25.
{{cite press release}}: CS1 maint: unfit URL (link) - ^ David, Brian (August 3, 2006). "Plans sprouting in Robinson near new interchange". Pittsburgh Post-Gazette. PG Publishing Co., Inc. Retrieved 2008-12-25.
- ^ David, Brian (October 26, 2006). "Settlers Ridge up for vote in Robinson". Pittsburgh Post-Gazette. PG Publishing Co., Inc. Retrieved 2008-12-25.
- ^ "Settlers Ridge OK'd". Pittsburgh Post-Gazette. PG Publishing Co., Inc. November 14, 2006. Retrieved 2008-12-25.
- ^ David, Brian (October 11, 2007). "Settlers Ridge lifestyle center gets green light". Pittsburgh Post-Gazette. PG Publishing Co., Inc. Retrieved 2008-12-25.
- ^ David, Brian (January 31, 2008). "Settlers Ridge on target for '09". Pittsburgh Post-Gazette. PG Publishing Co., Inc. Retrieved 2008-12-25.
- ^ Baron, Jennifer (April 30, 2008). "Construction starts on $120M 600,000 sf mixed-use Settlers Ridge". Pop City. Issue Media Group, LLC. Retrieved 2008-12-25.
- ^ "Big Robinson Complex To Have Shops, Movies, Restaurants". WTAE Pittsburgh. ThePittsburghChannel. April 23, 2008. Retrieved 2009-01-10.
- ^ Spatter, Sam (March 15, 2011). "Settlers Ridge complex in Robinson continues to grow". Pittsburgh Tribune-Review. Tribune-Review Publishing Co., Inc. Retrieved 2011-03-15.