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Development

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:

  • Single-Tenant Build to Suit
  • Multi-Tenant Construction

  • Retailers benefit from our real estate experience and local markets expertise through each phase of the development project:

    • Market research
    • Engagement
    • Development planning
    • Marketing
    • Construction and stabilization
    • Project management
    • Lease-up

    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.


    • All Developments
    • Opportunities
    • Developments In Progress

    Quarry Retail

    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. This center features an impressive mix of tenants along with unobstructed visibility, offering an exceptional shopping experience.

    Leasable Space

    281,480

    Leasing Contact
    Rick Plessner

    Silver Lake Village

    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.

    Leasable Space

    168,812

    Leasing Contact
    Rick Plessner

    Mokena Marketplace

    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.

    Leasable Space

    64,208

    Leasing Contact
    Fawn Le

    Stuart’s Crossing

    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.

    Available Space

    80,000 SF

    Leasing Contact
    Danielle Daidone

    North Aurora Towne Center

    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.

    Leasable Space

    1 Acre-20 Acres

    Leasing Contact
    Fawn Le

    Tiger Point Pavilion

    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 was completed early 2018.

    Leasable Space

    66,000 sq ft

    Leasing Contact
    Samantha Schnell

    Midtown Mobile

    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

    Leasable Space

    62,403 sq ft

    Leasing Contact
    Samantha Schnell

    Meacham Corners

    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.

    Leasing Contact
    Fawn Le
    Compass
    Fabulous In Omaha
    Monique Trosper