Bianco Properties Makeover of Greenwood Shoppes Nearing Completion

ST. LOUIS (October 18, 2012) Things are looking a lot different as you drive through the heart of Greenwood’s retail district. Bianco Properties’ major renovation to the Greenwood Shoppes is nearing completion, giving the shopping center a more upscale, modern feel.

In addition to a new roof and façade, designed with a “lifestyle center” architectural theme, enhancements include all LED lighting throughout the property as well as a 17’x9’ full-color electronic video messaging center, to provide retailers with greater opportunities to reach out to their customers.

“We purchased the center last year and this project reflects our strategic plan to invest in our properties in order to provide an exceptional shopping experience for consumers, as well as an outstanding place of business for our tenants,” explained Daniel Wolk, Senior Vice President.

                  Figure 1: Before                                          Figure 2: After                               

Greenwood Shoppes consists of 80,255 square feet of commercial space and is located at 806-914 US 31 across from Greenwood Park Mall. The current tenants include Men’s Wearhouse, Half Price Books, Casual Male and Party City, along with local and regional retailers Uncle Bill’s Pet Center and McGee & Company Fine Jewelers.

Along with Greenwood Shoppes, Bianco owns seventeen other shopping centers around the country, including three others in the Indianapolis area.

The Peterson Company oversaw the construction. All businesses were able to remain open during the renovation.

About Bianco Properties

Bianco Properties is a long-term investment company made up of more than 75 employees throughout the United States. In business for more than a half a century, it has successfully acquired properties for its real estate portfolio valued at $300,000,000. Within the last several years, Bianco Properties has added seven shopping centers to its portfolio, including four shopping centers in Dallas and street level retail in downtown Chicago.

With holdings totally 3,000,000 square feet of space in St. Louis, Seattle, Indianapolis, Dallas and Chicago, Bianco Properties and its investors own 29 properties, including shopping centers, office, industrial campuses, and more than 1,100 apartment units in six residential complexes


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