Property Overview
The Shoppes at Monroe is currently in the planning stages with construction predicted to start in Spring 2012. Because of the lack of retail in the area and the booming residential population, large national retailers are keen to take advantage of this opportunity and are showing great interest in this location. The open air market design of the Center, along with the lush landscaping, is sure to appeal to the growing affluent communities surrounding this commercial development, which will include: a supermarket, a bank, an upscale restaurant and 58,000 square feet of the best national, regional and independent retail stores, totaling approximately 130,000 square feet on 20 acres. The site is located at the southwest corner of the newly constructed intersection of Applegarth Road and Federal Road. A traffic light will be installed shortly and there are residential projects totaling approximately 3,000 new homes under construction within one mile of the site. Many national housing giants such as Lennar Homes, Centex Homes, K. Hovnanian, as well as Hallmark Homes and Renaissance Properties have all broken ground on substantial housing subdivisions.
