{"id":1004196843,"date":"2017-11-09T04:30:37","date_gmt":"2017-11-09T12:30:37","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004196843"},"modified":"2022-12-08T14:54:09","modified_gmt":"2022-12-08T22:54:09","slug":"kimco-begins-186m-staten-island-redevelopment","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/kimco-begins-186m-staten-island-redevelopment\/","title":{"rendered":"Kimco Begins $186M Staten Island Redevelopment"},"content":{"rendered":"

By IvyLee Rosario<\/em><\/p>\n

\"The<\/a>

The Boulevard rendering<\/p><\/div>\n

Kimco Realty Corp. has begun construction on The Boulevard,\u00a0a $186 million redevelopment of the former Hylan Plaza shopping center in Staten Island, N.Y.\u00a0Earlier this year,\u00a0Kimco also broke ground on the Phase I retail portion of its\u00a0Dania Pointe development<\/a>\u00a0in Southern Broward County, Fla.\u00a0<\/p>\n

Hylan Plaza\u2019s transformation into The Boulevard will result in a newly-constructed, multi-story center with a \u201ctown square\u201d feel, where ground-level retail shops and restaurants face a main street plaza with sidewalks and outdoor dining. The second level accommodates larger anchor tenants and entertainment attractions, with multiple access points providing connectivity across the two levels.\u00a0<\/p>\n

Major Tenant Mix\u00a0<\/h2>\n

The grocery-anchored Kimco Signature Series redevelopment will feature major brands.\u00a0ShopRite will headline the project, moving from a nearby location into a 68,000-square-foot space at The Boulevard while Alamo Drafthouse will open a 46,000-square-foot cinema, its first location in Staten Island. Marshalls, Ulta, PetSmart and LA Fitness are also expanding their presence in the market with new locations at The Boulevard. The 460,000-square-foot open-air center is scheduled to open in early 2020.<\/p>\n

“The Boulevard is 80 percent 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,\u201d<\/em> said David Jamieson, executive vice president & COO\u00a0at Kimco, in prepared remarks. \u201cWith a full roster of thriving national and regional brands already committed, it\u2019s evident that investing in our portfolio through redevelopment is a clear path to organic growth and value creation for our shareholders.\u201d<\/em><\/p>\n

Rendering\u00a0courtesy of Kimco<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

A redevelopment of the former Hylan Plaza shopping center\u2014the 460,000-square-foot “The Boulevard”\u2014is scheduled to open in early 2020. <\/p>\n","protected":false},"author":746,"featured_media":1004196853,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,1600,21742,10,21749],"tags":[38289,34368,37599],"class_list":["post-1004196843","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-new-york","category-latest","category-northeast","category-retail","tag-alamo-drafthouse-cinema","tag-kimco-realty-corporation","tag-shoprite"],"acf":[],"yoast_head":"\nKimco Begins $186M Staten Island Redevelopment - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/kimco-begins-186m-staten-island-redevelopment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kimco Begins $186M Staten Island Redevelopment\" \/>\n<meta property=\"og:description\" content=\"A redevelopment of the former Hylan Plaza shopping center\u2014the 460,000-square-foot "The Boulevard"\u2014is scheduled to open in early 2020.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/kimco-begins-186m-staten-island-redevelopment\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-09T12:30:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T22:54:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/The-Boulevard-rendering.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"310\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"IvyLee Rosario\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/kimco-begins-186m-staten-island-redevelopment\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/kimco-begins-186m-staten-island-redevelopment\/\",\"name\":\"Kimco Begins $186M Staten Island Redevelopment - 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