GULF COAST TOWN CENTER ENTERS THIRD PHASE OF DEVELOPMENT

LEE COUNTY, FLA. — The third phase of Gulf Coast Town Center, featuring 79,000 square feet of retail space, has broken ground in Lee County, Fla. The project will initially feature a 70,000-square-foot Dick’s Sporting Goods and 9,000 square feet of specialty retail. Two junior anchors, as well as additional specialty shops and restaurants, will commence construction at a later date. Dick’s Sporting Goods is scheduled to open in October. Gulf Coast Town Center is a joint venture by Cleveland-based Richard E. Jacobs Group and CBL Associates, headquartered in Chattanooga, Tenn.