Although it's in development and the potential is there for the development to not get built, it looks strongly like another new large shopping center may be on the way to the South Hill. In fact this project is only a few blocks south of the last one, Regal Plaza, home of Target, Petsmart and others.
This new project is called Commons on Regal and appears to have no set in stone tenants lined up but is good sized with multiple space for multiple sized businesses. Commons on Regal will be located at 5415 S. Regal Rd near the corner of Regal and 53rd.
Commons on Regal offers about 75,000 total square feet of new space for both retail and restaurant uses. The project's marketing materials identify a grocery store , hardware store and a pharmacy as proposed anchor tenants.
Also according to the marketing materials the project is scheduled to be built in 2015 / 2016 , with no exact timeline given.
We will keep an eye on this project, keep watching Inland Northwest Business Watch for more.
And, for more info on leasing and space available at Commons on Regal, check out-
http://svncornerstone.com/find-properties/?propertyId=84283-lease