Question-and-Answer Session
Thank you. At this time, we like to begin the question-and-answer session of the conference. [Operator Instruction] Our first question comes from the line of Christy McElroy with Banc of America Securities. Please proceed.
Christine McElroy - Banc of America Securities
Hi, good afternoon guys.
Donald Wood - President and Chief Executive Officer
Hi, Christy.
Christine McElroy - Banc of America Securities
Can you provide some color on the three projects that you added to you future redevelopment pipeline Barracks Road, and Lancaster and New Britain?
Donald Wood - President and Chief Executive Officer
Yes. Again, early in stage, but as you know, we take our... we've been mining our existing properties for the last five years in a very aggressive way and some stuff we can't get to as early as we would like to. Lancaster is a great example, where we've got a food store that does? a giant food store that does very well there would like additional space and we've been unable to basically accommodate them and now we are closer to be able to do that, close enough to be able to put that on the list. The same at Barracks Road, which is one of our best centers overall. We have been waiting for a particular box? for the lease to expand. It was a regional operator where the lease is up and now we have got the ability to do some pretty cool stuff in that space so that's in the planning process. And the last one is Town Center, New Britain, which was an acquisition that we made I guess about 18 months ago or so something like that may be two years. And again, there is a giant food store there that is now ready to expand and we can accommodate them based on some lease expiration. So the [inaudible] plate, bread-and-butter stuff that I think do pretty well at.
Christine McElroy - Banc of America Securities
Okay. And then I know it’s still pretty early, but can you... do you have a sense for what projects in the future pipeline you're targeting for 2010 stabilizations, given that you probably have to start them at some point over the next year or so? And in an environment where development in leasing might be a little bit tougher, are you still targeting stabilizations of about $100 million a year or so?
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