Construction on a new 8,000-square-foot retail building is underway near the Woodbury SuperTarget, and leases have been signed for 80 percent of the space.
There have also been discussions with a restaurant for a fourth tenant at the building, he said.
“We’ve got some excellent momentum going there,” Maenner said. “We’re really pleased with how the market is responding.”
Meanwhile, McDonald’s is planning to build a free-standing restaurant at the Commerce Hill site, he said.
Related: New Woodbury McDonald’s on Planning Commission Agenda
MW Development is also working on a project that would see another retail structure built north of SuperTarget, Maenner said.