Kimco Realty has started construction on the $186m Boulevard project, involving the redevelopment of the former Hylan Plaza shopping centre on Staten Island in New York, US.
The 460,000ft2 Kimco Signature Series redevelopment will include a variety of brands such as ShopRite, Alamo Drafthouse, Marshalls, Ulta, PetSmart and LA Fitness.
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Planned to open in early 2020, the open-air centre is set to feature a multi-level main street format with retail shops occupying the ground level, with restaurants facing the plaza.
The second level will host entertainment facilities with several access points to ensure connectivity across the two levels.
Kimco Realty executive vice-president and chief operating officer David Jamieson said: “The Boulevard is 80% preleased as construction begins, demonstrating the solid demand we continue to see in the marketplace, particularly from necessity, discount, health and beauty, and entertainment concepts, which we consider to be in the sweet spot of retail.”
Located along Staten’s commercial corridor, Hylan Boulevard, the new Boulevard shopping centre will be easily accessible from all parts of the island.
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