RD Management reveals major retailer's Glenville prospect
Schenectady County and town officials were mum about what major retailer is planning to open at the former Kmart site in Glenville, but residents aren't left guessing anymore after a possibly preemptive reveal on the Internet.
Target appears to have their crosshairs aimed at Glenville after a site plan recently appeared on RD Management's website, which preceded any official announcement. The owner of the property on Route 50 is an affiliate of RD Management. The major retailer, which is now revealed as Target, planned to invest $17 million into the property.
, after clicking on the "properties" tab, is the Glenville site with a link to download "info and map." This link then opens a new window with a PDF of site information, but a newly added site plan with Target's logo placed over the main retail space seems to confirm the retailer's intention. Also, under major tenant the information stated "New Target Coming Soon."
"We've been in talks with the owner of the property, as well as with the county, and we are preparing for a major retailer to take over the Kmart site," said Glenville Supervisor Christopher Koetzle. "As you saw from the website that retailer is Target."
According to the site plan, Target will develop a 134,800 square foot store with 728 total parking spaces. Also, there is a retail strip totaling 29,550 square feet along the Glenridge Road facing side of Target and a 5,800 square foot restaurant pad further from the retail strip. No indication has been given from officials to what other retail stores or restaurant would be located on the site.
During the summer of 2011 the former Kmart building is planned to be demolished, said Koetzle. Although there are a lot of reviews left during the process, he said Target plans to have the site open around October 2012.