Even if TownGate never gets its 1.25-million-square-foot regional mall, it will still be one of the largest real estate ventures ever undertaken in the Inland Empire.
Phase 1, which begins next spring, calls for the construction of a 460,000-square-foot commercial center. According to the developer, Dallas-based Fritz Duda Co., anchor tenants will include an Ole's home-improvement store, a Mervyn's department store and an Edwards eight-plex theater.
Other tenants are expected to include banks, specialty shops, restaurants and a car wash.
The first phase also calls for the construction of 450 single-family homes by Upland-based Lewis Homes and Walnut Creek-based Ryder Homes. Future neighborhoods in the 590-acre master-planned project will vary in size and price range, and will include attached houses and apartments. About 2,400 dwelling units will be built.
The entire development will take about 15 years to complete. It will eventually include up to 2 million square feet of office space, a full-service hospital and medical office-complex and hotel.