Raanan Katz and RK Centers update Website to show new Pembroke Square Configuration

Updated today: Here is the new configuration of RK Pembroke Square. Demolition and the proceeding construction is scheduled to start Spring 2014.

RK Centers - Raanan Katz - RK Pembroke Square

Updated Raanan Katz and RK Centers News for January / February 2014

Raanan Katz and his company RK Centers continue to move forward on various Projects throughout the Boston, MA and Miami, FL area.

1. Pembroke,MA - RK Pembroke Square's demolition and redevelopment is moving forward. As reported on wickedlocal.com (http://www.wickedlocal.com/x110125618/Project-takes-another-step-forward-in-Pembroke) Route 139 is a step closer to enjoying Taco Bell and Panera Bread. Mark Burridge posted the story go to the link to read more. Raanan Katz added the comment, "We are excited at the possibilities this project could bring to the center and jobs for the Town of Pembroke"

Building to be demolished by Raanan Katz to make was for proposed Panera Bread and Taco Bell

2. Weymouth, MA - RK Centre - Weymouth As B19 departs Raanan Katz has told us that center is positioned for redevelopment and upgrades. This spring the center will start a facade renovation, pylon replacements, and the addition of a signalized entrance at the Route 18 side of the center (Main Entrance). The plans have not been all finalized but we can confirm that the signal is set to break ground that the new main pylon and rear pylon will be installed in early/mid spring. The vendor completing the installation of the new signs is www.viewpointsign.com.

Existing Pylon Sign @ Raanan Katz Property in Weymouth 

3. North Miami, FL - RK California Club is located 1/2 mile West of I-95 on the primary road
used to access Sun Life Stadium - home of the Miami Dolphins. Raanan Katz has announced that the extensive facade renovations are being completed in connection with a comprehensive “de-malling” project. The Center is being fully converted from an enclosed mall to an “open air” center in which all storefronts will lead directly to parking field. Raanan Katz also reported that the center is surrounded by a dense residential
population with over 176,000 people within a 3 mile radius. According to his website www.raanankatz.com the property with traffic counts in excess of 50,000 cars per day is anchored by Winn Dixie, Citi Trends, Dollar Tree, CVS, Planet Fitness and many more.

In this Image Raanan Katz captured the
hallways to the existing theater

Raanan Katz Captured this interior shot as you enter the mall

Raanan Katz Captured these
 before Construction Started

Raanan Katz's RK Centers Logo seen at Israeli Basketball Cup Final Game Picture

Raanan Katz's RK Centers Logo seen at Israeli Basketball Cup Final Game - In the picture Israeli President Shimon Peres

Raanan Katz's RK Centers Logo seen at Israeli Basketball Cup Final Game - In the picture Israeli President Shimon Peres

Raanan Katz Awarded Sunny Isles Beach Corporate Man of the Season Award

Raanan Katz Recognized for Outstanding Efforts Towards the Betterment of Sunny Isles Beach.

Raanan Katz was awarded the Corporate Man of the Season Award by the Sunny Isles Beach Chamber of Commerce. The award is known as the Moe Zimmerman Memorial Award. The award recognized  Raanan for his outstanding efforts toward the betterment of the community. 

Raanan Katz - Moe Zimmerman Memorial Award for Outstanding Efforts Toward the Betterment of the Community 

Raanan Katz Profile Image

For more History on Raanan Katz and News check out www.rkcenters.com

Raanan Katz reachinng the finish line on another redevelopment in Pembroke MA

Project takes another step forward in Pembroke

Project takes another step forward in Pembroke

Posted Jan 10, 2014 @ 12:21 PM

Pembroke residents are a little closer to being able to enjoy the Taco Bell and Panera Bread that will be constructed on Route 139.

Ken Fries, the spokesman for RK Centers, the project’s developer, said at this point the company has received approval from the Pembroke Zoning Board and been given the revisions by the town’s planning board.

Next Monday (Jan. 13) the developer will meet with the planning board once again and will demonstrate how they have made the revisions requested by planning board members. Fries said hopefully the team will get full approval from the planning board on Monday, but he can’t say for sure.

“They asked us to look at our circulation (how cars will travel through the property),” he said. “But in correcting any problems, another one might pop up.”

Fries said if the planning board does approve the project, then the developer will next go to the Pembroke Building Inspector for approval of a design. According to Fries, the design is finished for the most part, but could need to be adjusted depending on what happens with the planning board.

“The plans are done to a certain point, but we can’t have a completed version yet,” he said.

The project, named Pembroke Square, will involve knocking down the existing buildings at the Pembroke Square retail plaza at 155-156 Church St., Pembroke and constructing two separate buildings to house a Taco Bell and Panera Bread. The 99 Restaurant, in the same plaza, will remain in place.

Developer RK Centers purchased the properties soon after buying the Stop & Shop across the street late last year.l

RK Centers, which has more than 30 properties in Florida and New England, already has plans drawn up for the buildings to fit specifications for those restaurants. Fries said the Panera Bread building will be 4,100 square feet and the Taco Bell building will be about 2,000 square feet.

In addition, a Rockland Trust Bank ATM will be placed between the two buildings.

Fries said going to the building inspector and the planning board at the same time isn’t an option because if the planning board asks for something to be changed then the plans would have to be remade and the building inspector would have to start from square one.

“We have to be respectful of the building inspector’s time,” he said.

Fries said if the building inspector approves the project design, and permits are issued, than construction can begin. He said the project is still scheduled to start construction in the spring.

Guitar Center - @ RK Centers - Raanan Katz (RK Queen Plaza) GRAND OPENING

Last week @ RK Queen Plaza in Southington, CT. Guitar Center kicked off its new store opening with an exciting grand opening. The parking lot had a white tent, the sidewalk had performers playing live music, and the store welcomed its new customers of the Southington area.

Raanan Katz - RK Centers - RK Queen Plaza - Guitar Center Grand Opening

(Raanan Katz) RK Centers welcomes Guitar Center to RK Queen Plaza

RK Centers welcomes Guitar Center to RK Queen Plaza

RK Centers welcomes Guitar Center to RK Queen Plaza

04-01-2013

Press Release

RK Queen Plaza is a 172,000 SF shopping center located in Southington, CT. Co-tenants include T.J. Maxx, Bed Bath & Beyond, Dollar Tree, and Bob's Discount Furniture.

Southington, CT (April 1, 2013)– RK Centers (www.rkcenters.com) and Guitar Center are excited to announce the construction of a new Guitar Center store at RK Queen Plaza in Southington, CT.  The 11,000 square foot new store’s location provides local music students and the surrounding community access to Guitar Center’s vast product selection, specialty instruments and unbeatable prices. Located at 825-875 Queen Street (Route 10), Guitar Center Southington is scheduled to open late Spring 2013 with an official Grand Opening day of music-centered activities open to the public (details to be announced).

 “We are excited to welcome Guitar Center to RK Queen Plaza and eagerly anticipate this great tenant opening their doors” said Ken Fries of RK Centers.  At RK Queen Plaza, Guitar Center will join other national retailers such as Bed Bath and Beyond, TJ Maxx, Payless Shoes, Radio Shack, and Supercuts in addition to many others. For Leasing information, contact Ken Fries or Andrew Fisch at 781-320-0001 or leasing@rkcenters.com

RK Centers (formerly known as R.K. Associates) is a privately held, family-owned real estate development company which currently owns over 6,000,000 square feet of retail space and 100,000 square feet of office space. With a stable business model utilizing a minimal amount of leverage, we are poised to acquire additional properties as we continue to grow our portfolio. Our company typically closes on acquisitions in less than 30 days with its own funds; thereby eliminating the need to obtain financing. With over thirty years of experience in real estate, RK Centers has a proven track record of success with tenants, customers and the communities in which we operate. All of RK Centers' leasing and management is performed in-house by company staff.

The company was founded and is principally owned by Raanan Katz, who entered the real estate development arena in the 1970s. He has guided the company with a steady growth rate which has withstood numerous market cycles. His "hands-on" approach and conservative borrowing practices have resulted in a portfolio of first-class properties with an extremely low debt structure, resulting in RK Centers being one of the more stable shopping center operators in the industry. RK Centers welcomes inquiries from national and regional retailers who are interested in drawing upon our considerable resources for assistance in site selection or other expansion needs. More information on Raanan Katz and RK Centers can be found at www.rkcenters.com.

Raanan Katz Minority Owner of Miami Heat/RK Centers

Raanan Katz Minority Owner of Miami Heat/RK Centers