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.
NW Corner of I-35 & Stinson Blvd Minneapolis MN, 55413
Conveniently located along I-35W, Quarry Retail has a large outlot available with opportunities for single-tenant or multi-tenant buildings. Thsi center features an impressive mix of tenants along with unobstructed visibility, offering an exceptional shopping experience.
NW & SW Corners of Silver Lake Rd & 39th Ave St. Anthony MN, 55421
Silver Lake Village has a 10,000 square-foot outlot opportunity available to join this center. Anchored by Cub Foods, the center has a number of popular national tenants including recently opened Starbucks with drive-thru.
SWC W. Lincoln Highway & Wolf Rd Mokena IL, 60448
Mokena Marketplace is located in Chicago southwest suburb, Mokena. The property benefits from a surrounding affluent community and traffic from major thoroughfares. Mokena Marketplace features PetSmart, Party City, shadow anchors Meijer and JC Penney, and newly developed Binny’s Beverage Depot. Currently, the property has multiple outlots available for built-to-suit or sale.
NW Corner of Butterfield Rd & Kirk Rd Aurora IL, 60502
New development at Butterfield & Kirk Roads with outlots available for built-to-suit, ground lease or sale. Benefit from shadow-anchors: Walmart Supercenter, Walgreens & additional outlots occupied by Chipotle, Starbucks, Sonic and more.
NE Corner of Rt 64 & Kirk Rd St. Charles IL, 60174
Stuart’s Crossing has great redevelopment potential with up to 80,000 sq ft of available space, joining grocery-anchor, Jewel-Osco. 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.
NE Corner of I-88 & Orchard Rd 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, Best Buy, Michaels, Dollar Tree, Famous Footwear, Petco, and others.
1 Acre-20 Acres
SE Corner of Hwy 98 & Tiger Park Ln 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
N-NE Corner of N Florida St & Old Shell Rd Mobile Alabama, 36607
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 2016
62,403 sq ft
SW Corner of Meacham Rd & Remington Rd Schaumburg IL, 60173
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, 28787
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.
The center is located within the Northern Asheville MSA, at the interchange of I-26 and US Highway 25/70, and has future outlot opportunities available.
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 and surrounded by heavy vehicle traffic. The center serves a dense residential population of over 225,000 within a 3-mile radius.
92,423 Sq Ft
SW Corner of 41st St & Pulaski Rd Archer Heights, Chicago IL, 60632
This new power center development, located on the southwest side of Chicago, IL, encompasses approximately 123,000 sq ft of retail space. The center serves a densely populated trade area with over 360,000 people within a 3-mile radius. With an impressive tenant roster, there are currently outlot opportunities available.
122,834 sq ft
NE Corner of Tanglewood Pkwy & Halstead Blvd 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. Tanglewood Pavilions features outlot opportunities with high visibility along Silver Springs Rd.
158,500 Sq Ft
NW Corner of Hwy 411 & Grand Ave Rainbow City Alabama, 35906
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. Sitting in a prime location at the intersection of two major thoroughfares, the center benefits from high traffic and incredible visibility.
64,802 Sq Ft
SWC W. Lincoln Highway & Wolf Rd Mokena IL, 60448
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
SE Corner of Diffley Rd & Lexington Ave S Eagan MN, 55123
IRC completed the ground-up development of an outlot building for Teresa’s Mexican Restaurant. This restaurant joins tenants such as Cub Foods, Anytime Fitness and Great Clips.