Our development program is designed for retailers seeking new or additional locations within our markets. We manage projects directly and also work with our trusted third party development partners.
IRC’s development platform is tailored to retailers’ needs and includes:
Retailers benefit from our real estate experience and local markets expertise through each phase of the development project:
For new construction and tenant build-outs, we use energy efficient HVAC, lighting, insulation and roofing materials as well as recycling our waste. Ground-up development provides a valuable opportunity for retailers to enter an established IRC market or to expand their presence within our shopping centers. These initiatives are a proven way to increase the size and quality of our portfolio.
502-652 Kirk Road St. Charles IL, 60174
Stuart’s Crossing has great redevelopment potential with up to 80,000 sq ft of available space. Additionally, the center has excellent visibility and access for 50,000 passing cars a day on North Avenue and Kirk Roads in St. Charles.
SWC Route 120 & Route 12 Lakemoor IL, 60050
This site offers 640,000 square feet for potential retail and/or restaurant development. The property is located at a strategic intersection in Lake County with over 50,000 passing cars and 40 planned residential projects within a 5 mile radius.
Orchard Rd & I-88 North Aurora IL, 60542
This master planned development along I-88 and Orchard Road in North Aurora offers anchor and pad site development opportunities to join national retailers such as JC Penney, Target, Ashley Furniture, Best Buy, Michaels, Dollar Tree, Famous Footwear, Petco, and others.
1 Acre-20 Acres
1430 Tiger Park Lane Gulf Breeze FL, 32563
Tiger Point Pavilion will include a 45,600-square-foot Publix grocery store, a 1,400-square-foot Publix Liquors, and 3 freestanding pad buildings with a combined 19,000 square feet of space available for lease. The center will benefit from its strategic position on U.S. 98, a main travel artery for full-time residents and 5 million visitors annually, next to a WalMart Supercenter and Lowe’s Home Improvement store. Construction will begin in early 2017 and is expected to be completed in the first quarter of 2018.
66,000 sq ft
Northeast corner of Old Shell Road and N. Florida Street Mobile Alabama,
The Midtown Mobile development will include a 39,203-square-foot Publix grocery store with pharmacy drive-thru, and 23,200-square-feet of shop space. The development is expected to begin construction in November with an estimated completion in Fall 2017.
62,403 sq ft
1300 Meacham Road Schaumburg IL,
Located in Schaumburg’s retail “ground zero” intersection with approximately 80,000 cars per day, this development on Meacham Rd. involved demolishing a multi-story office building and in its place constructing three pad-ready parcels for single-user retail tenants.
93-173 Weaverville Boulevard Weaverville NC,
The Weaverville Plaza project included the ground-up construction of a new Publix grocery store, which opened in February of 2017, and the cosmetic renovation of retail shop space.
133,965 sq ft
2601 W. 95th Street Evergreen Park IL,
This newly developed shopping center is anchored by Mariano’s and PetSmart. Evergreen Promenade is strategically located along heavily traveled 95th street, amongst a busy retail corridor.
92,423 Sq Ft
West 42nd St and South Pulaski Ave Chicago IL,
This shopping center, located on the southwest side of Chicago, IL, encompasses approximately 123,000 sq ft of retail space.
122,834 sq ft
3850 Conlon Way Elizabeth City NC, 27909
This northeastern North Carolina power-center features 158,000 square feet of in-demand national retailers such as Ross Dress for Less, TJ Maxx, Hobby Lobby and Dollar Tree.
158,500 Sq Ft
Intersection of Rainbow Drive (US Highway 411) and Alabama Highway 77 Rainbow City Alabama,
This completed development features a 45,600 square-foot Publix grocery store, about 16,000 square feet of shop space and two outlots available for future development.
64,802 Sq Ft
SWC W. Lincoln Highway & Wolf Rd Mokena IL,
At Mokena Marketplace, IRC completed construction of a new store for Binny’s Beverage Depot. Additional outlots are available for build to suit, ground lease or sale.
64,208 Sq Ft