A $5 million renovation is underway at a Plainview procuring centre, to which off-rate store T.J. Maxx will relocate this 12 months.
The renovation function at Woodbury Plaza on South Oyster Bay Highway will incorporate a new facade, signals, walkways and other improvements, mentioned Robert Delavale, vice president and director of leasing for Breslin Realty Development Corp., the Garden Metropolis firm that co-owns the purchasing centre with Manhasset-dependent true estate business Colin Growth LLC.
The $5 million renovation task commenced 5 months back, explained Wilbur F. Breslin, main executive and chairman of the board at Breslin Realty.
“The renovation would entail the total purchasing heart, which would have been the 2nd time because I purchased the center in 1979 that we have redone the middle. … The facade [and other renovations] will be accomplished by Sept. 15,” he claimed.
The initially renovation of the procuring centre was carried out in the early 1980s, Delavale stated.
T.J. Maxx will become the biggest anchor in Woodbury Plaza when it moves into the 24,000-sq.-foot conclusion unit at 401 S. Oyster Bay Highway that home decor store Bed Bath & Over and above vacated in January. The T.J. Maxx is at present across the avenue in a 30,000-sq.-foot area in Woodbury Buying Center, at 410 S. Oyster Bay Highway in Hicksville, where it has been considering that 1997.
“We anticipate that our T.J. Maxx keep … in Hicksville will relocate to the Woodbury Plaza this fall. We have about 70 associates who perform in our existing site and they are expected to transfer to the new place,” stated Bethany Crocetti, spokeswoman for The TJX Businesses Inc., the Framingham, Massachusetts, corporation that owns T.J. Maxx.
Each the Plainview and Hicksville shopping centers are within the City of Oyster Bay.
Created in 1955, the Plainview browsing centre is a 102,000-sq.-foot improvement. It has long gone a lot more superior-conclusion in the previous few many years with the addition new tenants, these types of as the 2020 arrivals of The French Workshop, which is portion of a Queens-centered artisanal bakery chain of a few shops, and Trek Bicycle Shop, which is owned by a Waterloo, Wisconsin-centered retailer, Delavale mentioned.
Other existing tenants contain Bathtub & Physique Will work apparel stores Loft, Gap and Banana Republic and grocer Trader Joe’s.
The transform in the tenant blend helped spur T.J. Maxx’s choice to relocate from across the street, Delavale mentioned.
“I believe, No. 1, mainly because we have a substantially excellent tenant combine to enhance their items. I imagine we have much more visibility and I imagine it had one thing to do with … the physical format of their current retail outlet,” he reported.
Crocetti did not detail why T.J. Maxx was relocating, over and above indicating, “We are constantly evaluating and examining our authentic estate tactics and our decision to relocate this keep displays that contemplating.”
Josam Associates LLC, a Smithtown-primarily based entity that owns Woodbury Searching Middle, did not return a Newsday request for comment.
In January, Michael Levin, president of Josam Associates, advised Newsday that price reduction grocer Aldi was considering leasing two-thirds of the room T.J. Maxx occupies soon after the off-cost retailer vacates.
On Friday, Aldi mentioned it did “not have any information and facts to share about a prospective Aldi retail store opening in Hicksville.”