Slated to open in Sept. 2009, the center's tenant roster will feature such names as Banana Republic, Ann Taylor Loft, Coldwater Creek, Chico's, Jos. A. Band and White House Black Market. Also signed on to date are Select Comfort, Lane Bryant, T Mobile, New York & Co., Justice, Rack Room Shoes and Bensi Italian Grill.
"I support it 1,000%," said Gloucester Twp. Mayor Cindy Rau-Hatton at this week's formal groundbreaking. "It is an exciting opportunity for our community, and it will also provide much-needed job opportunities and economic growth. It includes a number of stores and restaurants that are welcomed."
P. Jon Meyer, a founding partner of the Columbus, OH-based Stanbery says that "retail development has been expanding dramatically along Berlin-Cross Keys Rd. because of the location halfway between Philadelphia and Atlantic City. But there has been little to satisfy shoppers that are looking for better apparel and dining. We're excited to fill that niche."
Harvey Sternberg, a local businessman who owns and is developing several outparcels surrounding the site, including Bertucci's Italian Ristorante and Texas Roadhouse units, says that "there is a lot of traffic and there are a lot of people." The Shoppes at Cross Keys trade area numbers more than 310,000 residents and a daytime workforce population of about 85,000.
The start of construction for the Shoppes at Cross Keys comes just as Stanbery is wrapping up another New Jersey project, the 113,000-sf Shoppes at Flemington to the north in Hunterdon County. That project is now slated to open in early September.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
