Forest City Enterprises (NYSE: FCEA and FCEB) and development partner Magna Entertainment, are progressing as scheduled on The Village at Village at Gulfstream Park, with an official grand opening celebration on tap for February 11, 2010. The 490,000-square-foot high-end retail and entertainment destination, which also includes 80,000 square feet of office space, is currently under construction on US1, just east of I-95 in Hallandale Beach, Florida. According Forest City's website, this is the first phase of the development -- it is planned to eventually be 1 million square feet, including 1,500 residences. The center neighbors a major Florida thoroughbred racetrack.