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SMITHFIELD, N.C. — Carolinas Holdings Inc. has begun developing Smithfield Landing, a two-building, 9,048-square-foot strip retail center. The fully leased center is located at 110 S. Equity Drive in Smithfield, adjacent to Simon Property Group’s Carolina Premium Outlets. The property’s tenant roster includes Starbucks Coffee, Chipotle Mexican Grill and Buffalo Wild Wings. The development team comprises architect McMillan Pazdan Smith, civil engineer McKim & Creed and general contractor Spell Construction. Palmetto Bank provided construction financing for Smithfield Landing, which will open in late 2015.