Work delayed for Summit shopping center; newly signed tenants include Brooks Brothers, Orvis
Work on the $156 million, 60-acre Summit at Fritz Farm, at Man o' War Boulevard and Nicholasville Road, has been delayed until mid- to late May, but developer Bayer Properties said the shopping and residential center is scheduled to open in fall 2016.
Bad weather pushed back the start, originally planned for March 1, said David Silverstein, principal of Bayer Properties.
New tenants signed for The Summit include:
■ Brooks Brothers, upscale classic American apparel.
■ J. McLaughlin, classic women's and men's sportswear and accessories.
■ Orvis, country lifestyle clothier.
■ Lily Rain, clothing and lifestyle store based in Houston and making its Kentucky debut, with jewelry, accessories and brands including Paige Denim and French Connection, Kate Spade gifts, Jonathan Adler home accessories, Butter London nail and lip products.
■ Lotus Boutique, affordable "boho" chic; new to Kentucky.
■ Anthony Vincé Nail Spa; new to Lexington;
■ Water + Oak, outdoor clothing, hiking, backpacking, climbing gear; new to Kentucky.
■ Steel City Pops, a Birmingham, Ala.-based gourmet frozen-treat store; new to Kentucky.
■ Texas de Brazil, an upscale Brazilian steakhouse; new to Kentucky.
■ Ted's Montana Grill, opening its second restaurant in Lexington.
The Summit has not signed a hotel tenant, Silverstein said.
"We continue to believe there's an opportunity to bring a 100- to 150-room boutique hotel to the project," Silverstein said Wednesday. "We're working with several groups now. It's important to have the right type of operation that will be compatible with what we're building at The Summit at Fritz Farm."
In March 2014, Bayer announced that grocer Whole Foods would move from its current spot in Lexington Green to a 40,000-square-foot anchor position at The Summit in 2016.
Langley Properties, which manages The Mall at Lexington Green, sued over the move. A resolution is expected shortly, Silverstein said Wednesday.
"The Whole Foods lease is fully executed, and we're moving forward," he said.
Developers also are talking with local retailers and restaurants, and hope to announce more signed leases this spring, he said.
"Lexington already has terrific local retail. Our goal continues to be to introduce local retail and restaurateurs as well," Silverstein said. "We're by no means excluding local from the project."
Many of the new stores signed to The Summit at Fritz Farm are tenants at other Bayer Properties developments. Silverstein said Bayer hopes to announce more tenants in coming months; other Bayer centers have Saks Fifth Avenue and Pottery Barn stores, which do not have a presence in Lexington.
This story was originally published March 25, 2015 at 12:42 PM with the headline "Work delayed for Summit shopping center; newly signed tenants include Brooks Brothers, Orvis."