Uptown Target enthusiasts, your wish has been granted. On Friday Target officials confirmed that a new store will open in October 2017 in a new mixed-use development on the site of the former Cheapo site. Literally the heart of Uptown.
News that Target is officially coming to Uptown isn't necessarily "new" news. There's been plenty of speculation of what tenant would open in CPM Development's new Lake & Fremont project located at 1300 West Lake Street and 2928 Fremont Avenue South.
The project will bring a new $40 million, 6 story mixed-use building featuring 125 apartments, 5,000 sqf of second floor office space and of course retail space for Target. The drawing factor for Target to this project was the fact that it not only was in Uptown, but also that the project included 21,000 sqf of continuous commercial space on the ground floor which is uncommon for new projects in the Uptown area.
Target was a logical tenant due to the fact that the company has been waiting to make an entry into the heart of Uptown for a number of years now. The problem was that Target didn't have a store design that was small enough for the neighborhood... That is until last year of course.
That's when the company introduced what then was known as Target Express, now simply as just Target, to the Dinkytown neighborhood and the world. Target's small footprint prototype now has a number of locations across the United States and is the company's biggest focus regarding expansion for the next year.
What's in store...literally.
Target's new location will feature one level of shopping covering 21,400 square feet. Within the space Target will sell men's and woman's (possibly kids) apparel, groceries and ready to eat-meals, household items and more. 23 parking spaces will be available for those who decide to drive to Target's new location, however most are expected to walk.
The location will also feature a CVS in store Pharmacy (it's a new concept beginning to be rolled out this year since CVS bought Target's pharmacy operations last year). Renderings also show a Starbucks sign in the window however that detail was not confirmed by company officials.
CPM plans to begin demolition of Cheapo's former space this week with construction of the building beginning immediately after demolition is complete. Construction is expected to be complete in early Fall 2017 with Target opening in October 2017.