WS Development acquires 200,000 s/f Highland Village

WS Development has acquired a controlling interest in Highland Village, the landmark retail destination located at 4500 I-55 North. With the addition of a brand new Whole Foods Market, Highland Village, a 220,000 s/f, mixed-use project is one of the largest specialty shopping centers in Jackson. Highland Village originally opened in 1972 and is celebrating its 40th anniversary as a super-regional destination for Mississippi shoppers seeking fine retail and dining in a distinctive and beautifully landscaped setting. It is Chestnut Hill, Mass.-based WS Development's first project in the state. The center offers nearly 50 retailers, including Maison Weiss, Talbots, Whitehead Street Clothiers, and Albriton's Jewelers. Dining options include Julep Restaurant & Bar, Char Restaurant & Bar, and Bravo! Italian Restaurant & Bar. Health and fitness-oriented visitors can choose from Pure Barre and Pilates Place of Mississippi. Whole Foods Market, the nation's leading natural and organic food retailer, will open in 2013. The transaction is the second such acquisition this year of a prestigious regional shopping center for WS Development. Earlier this year, it acquired Hilldale Shopping Center in Madison, Wisconsin.