Bloomingdales to Open 124,000-SF SoHo Store

NEW YORK CITY-Federated Department Stores Inc. late yesterday revealed a deal to develop a 124,000-sf Bloomingdale’s in SoHo. Construction on the Downtown project, which will be Bloomingdale’s second Manhattan store, is scheduled to begin in the spring, with an opening planned for fall 2003.

“Bloomingdale’s represents many firsts–in fashion, in unique approaches to merchandising and now in location,” says Terry J. Lundgren, Federated’s president and chief operating/merchandising officer. “Bloomingdale’s has been a special tradition for New Yorkers and visitors to this great city for more than a century, and now as the only department store located in the vibrant SoHo area, Bloomingdale’s will bring its most innovative styles to one of the city’s most creative neighborhoods.”

“SoHo is a premiere downtown location and the community surrounding the area is such a vital part of New York,” agrees Michael Gould, chairman and chief executive officer of Bloomingdale’s. “We look forward to working with them in their many valuable endeavors.”