Riverside Shopping Center Inks Pact For Anchor Store

Klein's Super Thrift Signs

Construction Slated For Fall

August 04, 1991|By Staff report

A 46,000-square-foot Klein's Super Thrift supermarket will anchor Riverside Shopping Center, a retail development planned for the Riverside community.

Construction is slated for this fall.

With the signing of Klein's, leasing for the first phase of the 104,000-square-foot project is almost 65 percent complete, the developers said.

The 14-acre, $9 million center will form the main retailcomponent of Riverside, a planned residential and business park development in Belcamp.

Riverside Shopping Center will be located at the junction of Routes 7 and 543, just off Exit 80 on Interstate 95.

In addition to Klein's Super Thrift -- the fifth store for the Harford County supermarket chain -- leases have been signed with a dry cleaner, hair salon and travel agent.

Leases are pending with a fast-food restaurant, gas station, pharmacy, video shop, card and news center. Negotiations are under way with a bank, liquor store and other retail tenants, the developers said. If pre-leasing remains strong, occupancy is expected to reach 90 percent by opening day, they said.

Riverside Shopping Center will be built in two phases. Phase I willconsist of 88,000 square feet, with 15 stores and four free-standingbuildings. Construction will begin in November, with completion scheduled for the summer or fall of 1992.

A smaller Phase II is planned later.

Riverside Parkway Limited Partnership is purchasing the land for the shopping center from BLC Properties Inc.

The partnership, which will also develop the property, includes members of the Klein family, BLC Properties and Belcamp Center Limited Partnership, an investment group headed by J. Lawrence Mekulski, a principal of Kayne/Levin/Neilson/Bavar Realtors in Baltimore.

KLNB Realtors is representing both the buyer and the seller in the land sale. Mekulski alsois acting as KLNB's leasing agent for the center.

Bignell WatkinsArchitects of Annapolis and Bel Air's Morris & Ritchie Associates, engineers, have been selected to join the shopping center's development team. A general contractor has not been named.

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