Blackwater Real Estate, a Birmingham-based real estate development company, and Hutton, a Chattanooga-based real estate development and investment company, announced the opening of The Village at Mitchell Ranch Shopping Center near Trinity, Fla., in Pasco County.
The 161,000-square-foot grocery-anchored center is anchored by Sprouts Farmers Market, HomeGoods, Michaels, Five Below, Skechers and Ulta Beauty.
Located at the corner of State Road 54 and Little Road, Sprouts at The Village at Mitchell Ranch Shopping Center marks the grocer’s first entry into the Pasco County market, which is a growing sub-market of the broader Tampa metropolitan area. Sprouts, which specializes in fresh, natural and organic products at affordable prices served as a catalyst for the project, occupying approximately 30,000 square feet.
Hutton is a fully integrated, self-managed real estate development and investment company, primarily focused on acquiring, developing, constructing and managing high-quality single tenant, multi-tenant, grocery-anchored and community-oriented shopping centers, multifamily and self-storage properties across the United States.
In addition to acquiring and developing properties for its stabilized portfolio, the company also provides capital investments, development, construction, and asset management services to its third-party clients. Over the past 20 years, Hutton has completed or invested in nearly 1,100 projects for more than 100 retailers across 40 states.