Kite Realty's redeveloped Rivers Edge shopping center at 82nd Street at Dean Road is fully occupied, leaving other developers to capitalize on stronger retail demand in the area. Some big-name stores and a new-to-market restaurant have lined up to take space in retail strips across the street from Nordstrom Rack, Container Store, BuyBuy Baby and Harry & Izzy's.
A center under construction and developed by locally based Veritas Realty has commitments from: Pancheros Mexican Grill, an Iowa-based concept similar to Chipotle and Qdoba that will be opening its first Indiana store; DiBella's Old Fashioned Submarines, a New York chain that's looking for six local restaurants starting with Traders Point and The Avenue near IUPUI; Mattress Firm and Verizon Wireless.
A new retail building just to the west proposed by locally based Thomas English Retail Real Estate calls for a Select Comfort mattress store. No word yet on the second tenant for the space or a new user and/or redevelopment of the vacant former Lifestyle Family Fitness behind the proposed Thomas English project.