More Than 50 Stores and Restaurants To Open in 2010
Many Will Be New to the State or Region
Fashion retailers Hollister, Justice, New York & Company, The Limited, Chico’s, Caché, Forever 21 and H&M are among more than 50 retail and restaurant tenants that will be joining already opened Macy’s, Barnes & Noble, Target, JC Penney, LensCrafters, bd’s Mongolian Grill, Five Guys Burgers and Fries, Chipotle, Outback Steakhouse, The Pub and Mattress Discounters at the Peninsula Town Center (PTC).
“Many of these new tenants, including The Wine Loft, dELiA’s, Shoe Woo and CinéBistro are either new to the state or new to the region,” says Steiner, who, along with property owner Mall Properties, is developing PTC.
The list includes many of the nation’s strongest brands including Aéropostale, Victoria’s Secret, Express, Build-A-Bear, Charming Charlie and Lane Bryant. Among the 15 restaurants listed are several that are making their Virginia debuts, including Bensi’s Ristorante Italiano, Huey’s Diner, Kenji Fusion and (coach) Frank Beamer’s American Grill.
“This is the right project, in the right location, at the right time,” said Hampton Mayor Molly Ward. “Our community asked for an upscale, energy-filled mixed-use project. We are getting a good first look at that quality today with the announcement of these great and exciting retail, restaurant and entertainment tenants.”
The 1.1-million-square-foot Peninsula Town Center is located off of Mercury Boulevard at the I-64 Interchange in Hampton’s Coliseum Central Business District. The 75-acre mixed-use project features 340,000 square feet of fashion and specialty retail, 55,000 square feet of restaurant and dining, 400,000 square feet of traditional/anchor retail, 115,000 square feet of Class A office space and 158 residential apartment units.
Peninsula Town Center’s Grand Opening is scheduled for March 11, 2010. The full list of retailers and restaurants, along with upcoming activities, is posted online at www.peninsulatowncenter.com.
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And the private bonds for the buildings just got defaulted on, let us hope those 93.2 million in bonds issued on the cities behalf to buy, build the streets, sidewalks, parking deck, those 3 faux token parks do not get defaulted on. Yes, this is a TIF build, city had to buy, build the infrastructure to get the old mall owners to built the new buildings. Yes Hampton owns much of the PTC, just subtract out the buildings, lovely isn’t it, city taxes are paying off that 93.2 million and they had to create a 0.05% shoppers fee to help out. Gee, take your age, add 30 years, this is when the city will pay off its debt, wonder what those buildings will look like.