TARGET OPENS NEW STORE ON STATEN ISLAND AS PART OF RICHMOND SHOPPING CENTER REDEVELOPMENT
Kimco is continuing to redevelop its Richmond Shopping Center on Staten Island, with a major piece coming into place earlier this month. Target opened a new store at the center, cutting the ribbon on 135,000-square-feet of big-box shopping.
We were there to capture the event, including one-on-one interviews with Target Store Team Leader John Storey and Borough President James Molinaro. Take a look to see some of the store’s new amenities and learn about the impact Target will have on the community and our center.
Other new retailers we’ve added as part of our redevelopment include Old Navy, which opened in May, and Miller’s Ale House, which is slated to open late fall. They complement a solid tenant mix that comprises Pathmark, Five Guys Burgers and Fries, Bank of America, and several other national retailers.
This new tenancy, coupled with updated exteriors throughout the center, have revitalized one of Kimco’s strongest assets in the New York metro. The center is located in Staten Island’s busiest retail core, with Staten Island Mall just about a third of a mile down the road. Average household income is $96,438 within three miles of Richmond Shopping Center, according to Sites USA.
This new Target store brings one of the country’s strongest national anchors to our center, which will create new value for our tenants, our asset, and the community. We’ll continue to keep you updated on our redevelopment work.
This has been an installment of StoreFront, an interview series with leaders of successful retail businesses. For more interviews, visit the StoreFront page. To learn how you can be featured, email us. We’d love to hear from you.