Urban Retail Properties has recently announced the signing of a 15-year lease agreement with Presidente Supermarkets, which will serve as the anchor tenant for the first residential tower in Southland Mall’s transformation into Southplace City Center. According to reports from S. Florida Business Journal, construction on this eight-story building is set to begin this summer and will feature 350 units on the former Sears site.
Over a span of seven years, Southland City Center will be developed into a bustling hub with over 5,000 apartment units and more than half a million square feet dedicated to retail, dining and entertainment options within the existing mall. Additionally, there are plans for an additional 150,000 square feet of new retail space on outparcels along with amenities such as a hotel and medical office space totaling at least 60
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