NEWS RELEASE
Newton Oldacre McDonald
Nashville – Prattville – Cincinnati – Phoenix
CONTACT: Phil Martin (615) 268-8000
TIGERTOWN KOHL’S TO BE FIRST IN THE MARKET
OPELIKA, AL, February 27, 2008— Kohl’s Department Store will build its first store in the Opelika-Auburn market in TigerTown, developers Newton Oldacre McDonald announced today. Construction on the 68,500 square foot store will begin immediately with opening scheduled just prior to the Christmas shopping season this year.
“The addition of Kohl’s to the growing retail mix at TigerTown will offer an unprecedented breadth of shopping to the east central Alabama retail market,” said Bill Oldacre, principal of Newton Oldacre McDonald. “Thanks to the leadership of many, particularly Mayor Gary Fuller and Economic Development Director Al Cook, TigerTown is poised to grow to approximately one million square feet of space upon completion. That puts the center among an elite number of centers of its size in the Southeast.” “The local community has responded well to the high-quality retail offerings already open in TigerTown, and we’re pleased to bring in another sought-after prominent brand name–Kohl’s,” said Mayor Fuller.
The TigerTown Kohl’s will offer apparel, shoes and accessories for women, children and men, plus home products like small electrics, bedding, luggage and more. Headquartered in Menomonee Falls, Wisconsin, Kohl’s is known for carrying national brands at locally competitive prices. Kohl’s currently operates more than 900 stores and 10 distribution centers in 46 states.
TigerTown began development in 2003, and is already home to stores and restaurants such as Target, Kroger, Logan’s Roadhouse, Starbucks, Chick-Fil-A, Buffalo Wildwings, Quizno’s, Moe’s Southwest Grill, Marble Slab Creamery, Home Depot, Office Depot, World Market, Best Buy, Books-A-Million, T.J. Maxx, Old Navy, Dick’s Sporting Goods, PETCO, Ross Dress for Less, Hibbett Sports, Shoe Department, Olive Garden, Kirkland’s Home, and Jersey Mike’s. Located at the intersection of I-85 and U.S. 280, the 130-acre mixed-use development is east central Alabama’s largest retail center and is expected to ultimately house up to 1,000,000 square feet of retail, restaurant and lodging space.
Newton Oldacre McDonald LLC, with offices in Prattville, AL, Nashville, TN, Cincinnati, OH and Phoenix, AZ, is a developer of mixed-use centers, shopping centers and net-leased retail properties throughout Alabama, the Southeast, Midwest and Southwest.
SOURCE:Newton Oldacre McDonald Website