RD Management Announces Redevelopment of Merchants Crossing in North Fort Myers, FL
March 29, 2018
RD Management LLC, one of the nation’s largest privately held real-estate development and management organizations, announced today its 325,705-square-foot Merchants Crossing in North Fort Myers, Florida will be undergoing redevelopment. Renovations include improved visibility corridors with new landscaping, façade upgrades, and a possible transition to a mixed-use property by adding residential units.
“The possibilities are endless at Merchants Crossing, and it’s exciting to share with the growing North Fort Myers community our initial redevelopment plan for the center following our announcement of Planet Fitness opening in April,” said Richard Birdoff, principal and president of RD Management. “We already have a diverse mix of tenants offering entertainment, dining, shopping, and fitness options. A potential residential component would only further enhance the dynamic environment we’ve worked to create while increasing foot traffic to all of the businesses.”
Merchants Crossing is located at 15201 North Cleveland Avenue and Pine Island Road, also referred to as U.S. Highway 41 and State Route 78. The shopping center sits on 73.2 acres at a prime intersection in the Cape Coral trade area. Major retailers include Home Depot, Bealls Department Store, Planet Fitness, Bealls Outlet, AMC Theatres, JOANN Fabric and Craft Stores, Dollar General, and T-Mobile.
Merchants Crossing is one of 12 properties owned by RD Management across Florida, and one of more than 150 properties in its national portfolio. Those interested in leasing space at Merchants Crossing can contact Bradley M. Schwartz at (212) 265-6600 x298 or firstname.lastname@example.org.