HORIZON COMMONS
20 YEARS IN THE MAKING
Construction finally begins on Connecticut retail center.
Jennifer Orr
Often, the development of a new retail center can get thrown
off schedule maybe a few weeks, a few months, at worst
a couple of years. But how about 2 decades? About 20 years
ago, two developers began planning a neighborhood shopping
center for the town of Rocky Hill, Connecticut, a suburb just
to the south of Hartford. Due to rejected proposals and busy
schedules, construction didnt begin on the project until
this past spring. Good real estate is good real estate,
says Matt Halprin, a partner at Wethersfield, Connecticut-based
New England Retail Properties, and sometimes good development
takes longer than anyone would like it to.
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Horizon Commons, a 168,000-square-foot
center in
Rocky Hill, Connecticut, will open in spring 2005.
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The story begins in 1984, says Halprin, when developers Frank
Messina of F.X. Messina Enterprises and Bob Samuels of Samuels
& Associates purchased some land in Rocky Hill. Their
plan was to develop a retail center with a supermarket, drugstore
and clothing retailer. Because of some opposition with neighboring
property owners, their original application for development
was rejected. In addition, says Halprin, because the two development
companies became so immersed in their own individual projects,
the Rocky Hill venture ended up on the back burner.
Though perhaps not at the forefront of Messinas and
Samuelss minds, plans for the development continued
to loom on the horizon. They continued to stay in the
project because they knew it was good real estate, and they
had a good sense of a shopping center development, says
Halprin.
Halprin and his partner Mark DAddabbo became part of
the story in the late 1990s when their company, New England
Retail Properties, began soliciting tenants for the project.
The brokerage firm secured Kohls as an anchor tenant
in 2000, with plans for an opening in 2004.
But the developers were still dealing with some outstanding
environmental issues that continued to trouble neighbors.
The Rocky Hill residents were mostly concerned about how the
shopping center would affect the surrounding wetlands. As
a result, the developers spent most of the 1990s involved
in a legal battle over the wetlands dilemma. Landscape and
traffic issues were also a concern to residents.
A condominium association had opposed this project for
years, explains Halprin. They had the normal not-in-my-back-yard
attitude. There was never any blood bath. This was a very
friendly opposition. The developers went back to the drawing
board to get this project approved.
Plans for a 2004 opening were delayed, but Kohls
hung in there, says Halprin. The project was finally
approved in the fall of 2003. The original plans for a 200,000-square-foot
center were scaled back to 168,000 square feet, and the developers
agreed to hire an ecologist who would participate in the retail
centers development. The project was inching closer
and closer to reality.
Construction commenced in May on the retail center, named
Horizon Commons, and Kohls is now scheduled to open
in spring 2005. New England Retail Properties is also in discussions
with some national and regional tenants to co-tenant with
Kohls. In addition, the center includes some outparcels
for a restaurant and service retail. Its neighboring retailers
and restaurants include Stop & Shop, Wal-Mart and On the
Border.
Though planned as a community shopping center, because Horizon
Commons is right off Interstate 91, the center will also service
the areas of Wethersfield, Cromwell, Newington and Glastonbury
in addition to Rocky Hill, says Halprin. The population within
a 1-mile radius of the shopping center is 4,632, with an average
household income of $85,260. More than 120,000 people live
within 5 miles of Horizon Commons, and those households have
an average income of $84,491. By 2008, the population within
those 5 miles is expected to grow to more than 144,000.
And the center will definitely be complete by then. In fact,
Horizon Commons should be complete by the end of 2005. Though
the project took 20 years to come to fruition, the developers
are glad they stuck it out. Halprin relays a comment from
developer Bob Samuels: Good real estate is good real
estate. We knew it was going to be a good site no matter when
or how long it was going to take to get developed.
©2004 France Publications, Inc. Duplication
or reproduction of this article not permitted without authorization
from France Publications, Inc. For information on reprints of
this article contact Barbara
Sherer at (630) 554-6054.
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