REAL ESTATE

Delayed Wal-Mart opening in Austin back on track

BY CSA STAFF

Austin, Texas Wal-Mart Stores has released renderings for its newest Austin, Texas, location near Northcross Mall. The renderings were released nearly four years after it was originally proposed.

A spokesperson for company said the new store will open this fall. The plans call for 99,000-sq.-ft. building, nearly half the size of original drawings that called for 192,000 sq. ft. in two buildings. In 2008, the company downsized the project in the wake of significant community push back.

Northcross Mall developer Lincoln Property Co. first unveiled Wal-Mart’s plans in late 2006.

Area residents immediately resisted, filing several unsuccessful lawsuits, according to The Austin Business Journal. The company compromised, reducing the size and agreeing to surface parking in lieu of a garage.

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REAL ESTATE

Hackett’s to launch new concept store

BY CSA STAFF

Ogdensburg, N.Y. Local New York department store retailer Hackett’s said Friday it is planning to launch a new concept store in Queensbury, N.Y., later this year.

Company president and CEO Herbert Becker said the location will be called HIIO, and will offer brand-name clothing, shoes, gifts and a kosher food department.

Becker said the 25,000-sq.-ft. store would create between eight and 12 jobs and is slated to open this summer.

Hackett’s operates four department stores in the St. Lawrence, N.Y., area. It also runs a hardware subsidiary, Patrick Hackett Hardware Co., which is seeking Chapter 11 bankruptcy protection.

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REAL ESTATE

Anytime Fitness to join Haygood Shopping Center

BY CSA STAFF

Virginia Beach, Va. Anytime Fitness will open a 3,375-sq.-ft. facility in Haygood Shopping Center, in Virginia Beach, Va.

The center, which is leased and managed by Divaris Real Estate , is anchored by Farm Fresh, and also features Marshalls, Rite Aid, Dollar Tree, Payless Shoesource, Game Stop and Quizno’s Subs.

Bank of America, Chick-Fil-A and Dairy Queen occupy outparcels.

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