Fresh Market confirmed for Brooklyn
After months of rumors, The Fresh Market will indeed be the anchor tenant of a Brooklyn retail development.
Atlanta-based Fuqua Development LP is developing a 53,700-square-foot retail component in the Brooklyn area of Downtown. It is bordered by Riverside Avenue on the south, Magnolia Street on the north, Leila Street on the east and Jackson Street to the west.
The much-discussed grocer was revealed Monday by Karen Nasrallah, city Office of Economic Development redevelopment manager, at the Urban Core Citizens Planning Advisory Committee.
"It is going to be anchored, which we can now say officially, … (by) a Fresh Market," Nasrallah said.
"They have signed and it is official," she said.
Other tenants that have discussed coming to the area were Chipotle and Panera, she said.
To coincide with the area's residential construction, the developer is anticipated to break ground in the next month with a goal of having a shell by July at the latest, she said.
The unidentified pharmacy that initially was part of the retails plans was CVS.
But, Nasrallah said, "CVS just was still not real sold on the area, so they got a little nervous and decided to pulled out."
After the meeting, Nasrallah said The Fresh Market signed a deal last week for 22,000 square feet of space.
Representatives of Fuqua and The Fresh Market did not respond Monday night or Tuesday morning for comment.
The residential component of the plan will be developed by Atlanta-based Pollack Shores Real Estate Group, which as the Daily Record reported Monday, has applied for building permits for the $24.8 million project.
That component will have seven buildings and 310 residential units.
The Fuqua and Pollack Shores portions are part of the Pope & Land deal, which is being built adjacent to 220 Riverside, another Brooklyn mixed-use development under construction.
Combined, the two developments will bring almost 600 residential units to the area.