As I reported back on Oct 15th a number of leases have been signed for the Settlers Market. The new owner of the center, Federal Capital Partners has announced additional lease agreements to bring four additional anchor tenants to Settlers Market, one of the most prominent planned development sites in Williamsburg and the gateway to the New Town Master Planned Development Corridor.
Stein Mart, HomeGoods and ULTA recently signed leases to open their doors along the Monticello Avenue corridor, Williamsburg’s now dominant retail hotbed. Stein Mart signed a lease for 30,000 square feet at the north end of the center adjacent to ULTA, which in turn signed for 10,000 square feet. A 25,000-square foot HomeGoods store is planned for the anchor space adjacent to Michaels, which had re-committed to the shopping center program earlier this year.
HomeGoods is an off-price home fashions store, providing a selection of high—quality, unique home fashions, including brand and designer name merchandise at discount price. The stores offer an ever-changing selection of unique items from kitchen essentials, rugs, lighting, bedding, bath to a wide range of furniture and appliances.
Ulta Salon is a chain of beauty superstores in the United States. Each store is outfitted with a full-service salon as well. Ulta carries a variety of cosmetics and skincare brands, men’s and women’s fragrances, and hair care products.
These category leaders will anchor the next phase of retail development slated to be completed by fall 2012, with a construction start expected in early 2012. In addition to the new anchors, a lease has been signed with Sleepy’s Mattress for the entire 7,300-square foot retail building fronting Monticello Ave.
Plans are still in the works for the residential component of Settlers Market. According to the developer they are exploring the market to see what would suit the area best. What would you like to see at Settlers Market ? I think an area of one level patio type attached villa / condos would be perfect. Of course you can’t build as many but a product like that in a walk-able environment, close to everything !
When fully developed, Settlers Market shopping center will feature 250,000 square feet of well merchandised retail space with planned residential townhomes located along Settlers Market Boulevard adjacent to the center. FCP and its partner, Westmoreland Partners, are represented in retail leasing by the Norfolk office of The Shopping Center Group.
Read more about New Town here
Site plan for Settlers Market
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psst … I’m a Realtor! Thanks for stopping by my website. I would love to help you find your dream home and community in the Hampton Roads or Williamsburg area or to sell your existing home. This post was authored by local resident and REALTOR, John Womeldorf. John is known around town as Mr. Williamsburg, for both his extensive knowledge of Hampton Roads and the historic triangle, and his expertise in the local real estate market. His websites, WilliamsburgsRealEstate.com and Mr Williamsburg.com were created as a resource for folks who are exploring a move to Williamsburg, VA , Hampton Roads VA and the surrounding areas of the Virginia Peninsula. On his website you can search homes for sale , foreclosures, 55+ active adult communities, condos and town homes , land and commercial property for sale in Williamsburg, Yorktown, New Kent, Poquoson, and Gloucester, VA as well as surrounding markets of Carrolton, Chesapeake,Gloucester, Hampton, Isle of Wight, Portsmouth Mathews, Newport News Norfolk, Poquoson, Smithfield, , Suffolk, Surry, Va Beach, Yorktown and York County Virginia You can reach John by email John@MrWilliamsburg.com or phone @ 757-254-8136 |
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