Capital Development, owned by Bob Blume, and Target have yet to close the land deal for the store, but the store itself is slated to be a 125,400 sf. It is scheduled to open in July 2001 and will be the new anchor of the mall.
If Target Corp. doesn't begin building its 125,000-square-foot store in South Sound Center by late September, however, it may have to delay opening the store until October 2001. Target's policy is to open stores in March, July or October, the months that precede peak shopping seasons -- spring, back-to-school and Christmas.
Target is seeking to buy 10 acres from the mall's owner, Capital Development Co., but must first wait for Capital Development to buy a 3-acre parcel from Ira Grant, who owns a neighboring Texaco station. A small portion of Grant's property extends into the area where the store would be built, and the pending deal between Grant and Capital Development is the main holdup at this point.
The new Target will replace space once occupied by Nordstrom. The floors and ceilings of the old mall space contain asbestos. Workers packaged the asbestos and transported it to a licensed disposal site. Concrete salvaged from the subsequent demolition will be used as fill for the Target site.
Meanwhile, other South Sound Center retailers are concerned customers won't know they are open during the redevelopment, according to reports. Target and Capital Development say they plan to continue meeting with area business owners to address concerns that come up during construction. Access will remain open at Sixth Avenue.
The store will be sandwiched between Mervyn's and Sears. Dayton Hudson Corp., Target's parent company, also owns Mervyn's.
The Lacey store will be the second Target in the area. The store will employ 140 people, two-thirds of whom will work part-time. Target has about 950 stores nationwide and opens an average of 85 a year. Target also plans to open a 123,000-square-foot store in Gig Harbor in October 2001.
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