REAL ESTATE

Manhattan to Welcome First Target Store

BY CSA STAFF

New York City, Target is finally coming to Manhattan. The much-anticipated and long-delayed shopping center, East River Plaza, in East Harlem has changed its anchor store from Costco Wholesale Club to Target, according to a report by The New York Times. The publication said Target recently signed a lease for 135,000 sq. ft. and will serve as an anchor along with The Home Depot.

Target has six stores in the city boroughs, with two more under construction. The shopping center is scheduled to open in 2008.

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REAL ESTATE

IKEA Plans First Ohio Store

BY CSA STAFF

West Chester, Ohio, IKEA announced that it will build its first Ohio store in the Cincinnati suburb of West Chester. A 339,000-sq.-ft. store is planned on 56 acres about 25 miles north of Cincinnati. IKEA said it would be selling about six acres for retail and restaurant uses. The store will include three model homes, a children’s play area and a 300-seat restaurant, the company said. The store is expected to open in fall 2007.

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REAL ESTATE

Publix’s New Flagship Explores Varied Concepts

BY CSA STAFF

Jacksonville, Fla., Publix unveiled a new flagship store Thursday, with new displays, signage and widened product selection, according to a report by the Jacksonville Times-Union. The prototype store is a combination of concepts Publix previously tested in other markets. Additionally, the new liquor store—the only Publix liquor store in Northeast Florida—is a pilot program that is only available in 14 other locations chainwide. Tabletop displays, a party-planning service and a cooking school are set to open by January 2007.

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