Construction Starts at The Boulevard, Kimco’s $186M Town Center
Kimco Realty Corp. has started construction on The Boulevard, a $186 million redevelopment of the former Hylan Plaza shopping center on Staten Island, NY.
The 460,000-square-foot open-air center will feature a multi-level “main street” format, lined with retailers including ShopRite, Alamo Drafthouse, Marshalls, Ulta, PetSmart and LA Fitness.
“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,” said David Jamieson, executive vice president and chief operating officer at Kimco.
The Boulevard is scheduled to open in early 2020.
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