Territory Incorporated, a local retail real estate development and management company, broke ground Feb. 17 on the first phase of Centennial Gateway, a $40 million retail center at U.S. Highway 95 and Ann Road.

The 400,000-square-foot center is adjacent to Territory's 90-acre, 900,000-square-foot Centennial Center that opened in December 2000, anchored by Wal-Mart, Sam's Club, Home Depot and Circuit City.