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Target eyes Chambersburg site

June 14, 2005|by DON AINES

chambersburg@herald-mail.com

CHAMBERSBURG, Pa. - Retail giant Target, which built a 1.35 million-square-foot distribution center south of Chambersburg that opened in June 2003, has signed a letter of intent to open a store at a proposed $60 million shopping center on Norland Avenue.

Geoffrey Glazer, vice president of acquisition and development for Kimco Realty Corp. of Lutherville, Md., told the Chambersburg Borough Council Monday night that Target has signed the letter of intent to build the 126,000-square-foot store as a retail anchor for Chambersburg Crossing, a proposed shopping center to be built on 47 acres off Norland Avenue.

The target date to begin construction of Chambersburg Crossing is spring 2006, with the center opening in spring 2007, Glazer said.

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"We've had a lot of conversation with a lot of national retailers," Glazer said. "They're all new players coming to the area. They're not here now."

Glazer said Kimco is in negotiations with "a major food operation" that would occupy another 70,000 square feet of the shopping center, which would have a total of 350,000 square feet of retail space and parking for approximately 2,400 vehicles.

National chains for pet stores, office supply companies, craft stores and other retailers are in lease negotiations with Kimco, as are two national family restaurant chains and "a series of fashion players," he said. Kimco could close lease agreements with some of those companies this summer, he said.

"This sets perfectly between the Hagerstown market and the Carlisle (Pa.) market," Glazer said of the location. The region's population will support the volume of business these companies expect, he told the council.

"Everyone's expecting a quality product to be built out there," Glazer said of Chambersburg Crossing.

Glazer said Target will use a new design for this store.

Exit 17 of Interstate 81, due to be completed this year, also was a factor in getting Target and other retailers interested in taking part in the Chambersburg Crossing project, Glazer said. The exit connects to Walker Road, which will connect with Norland Avenue once the $4.8 million, 3,344-foot extension of Norland Avenue is completed. The extension is scheduled to be finished this fall.

Glazer said a land development plan for Chambersburg Crossing could be submitted to the borough in about a month. Kimco has been planning Chambersburg Crossing for about a year, he said.

"What will this do to our tax base?" Council President William McLaughlin asked rhetorically.

"It's good," Glazer said.

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