Wednesday, December 21, 2005

Jones Lang LaSalle


105,000-SF Lifestyle Center Lines Up Tenants
By Eric Peterson
Last updated: December 16, 2005 10:41am

(For more retail coverage, click GlobeSt.com/RETAIL.)
CHESTER, NJ-More than a dozen tenants make up the list of initial retailers lined up for the Streets of Chester, a 105,000-sf lifestyle shopping center under construction here. The project is being done by the Columbus, OH-based Continental Retail Development.


Heading the list are Banana Republic, four Gap brands (Gap, Gap Baby, Gap Body and Gap Kids), and three Talbots brands (Talbots, Talbots Petite and Talbots Woman). Also signed are Café Villa, Chester Frame, Chicos, Coldwater Creek and White House/Black Market. The 13 tenants combined will occupy about 50,000 sf, or nearly half of the center’s total GLA.

“The face of the shopping experience here has just gotten a lift,” Continental president David Kass says. “While the approvals for this development were initially given in 1991, it’s nice to know that Continental, which recently took over the project, will be delivering,” says Chester Mayor Dennis Verbaro. “I am consistently asked when the stores would be completed, and now with the plans in place, I can finally say, ‘shortly’.”

Continental announced its plans for the site in the fall of 2004 and laid out a schedule for an early 2005 construction start and completion by the 2005 holiday season. The project was delayed, however, with construction just under way this past September. The Streets of Chester is now slated for completion by mid-2006.