DALLAS-Economic growth and stronger infrastructure in Tyler, TX have prompted locally based Retail Connections and its partner, the Kroenke Group, to develop the 700,000-square-foot Village at Cumberland Park. On Sept. 17, the partners, along with representatives from Retail Connections' development arm Connected Development Services, will host a ceremonial groundbreaking for the project, which already has commitments from national credit tenants for space.
Village at Cumberland Park will be at the northeast quadrant of Broadway Avenue (US 69) and the recently completed Loop 49. Situated on 80 acres, the development will have 12 main buildings leased to retailers, restaurants, entertainment and service providers. Also on tap will be a central park, complete with a playground. Dignitaries at the event will include Barbara R. Bass, Mayor of Tyler, and Mark McDaniel, City Manager, as well as members of the City Council and staff. Architects Hodges & Associates and Contractor Hill & Wilkinson, along with the land seller, Bob Garrett, will be recognized at the ceremonial event.
“Tyler's consistent economic growth has opened up the opportunity to bring additional retailers to Tyler and the newly constructed Loop 49 was a key factor in the decision to locate the development here,” says David Wilson, president of Connected Development Services. “The loop will change traffic patterns in Tyler and allow this location to become a major retail hub for the entire trade area.”
Tenants committing to space at the center include Bed, Bath and Beyond (which will relocate its current store and include its BuyBuy Baby brand in the new location), Cost Plus World Market, Joann's, PETCO, Shenaniganz, DSW, Gordman's, Studio Movie Grill, TJ Maxx, Ross (its second store in the city), Dress Barn, Kirklands, Lane Bryant, Famous Footwear, Carters and Osh Kosh.
“As always, our retail clients have been actively and invaluably engaged with our incredible team in this collaborative effort. Everything from catalyst, to design, to the merchandising mix,” says Steve Lieberman, CEO of the Retail Connection. The project will ultimately accommodate approximately 90 retailers, most of them new to the Tyler market, generating over $200,000,000 dollars in annual sales, over $3 million dollars of incremental sales taxes annually, and create over 2,000 new jobs for the City of Tyler."
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