Tuesday, June 16, 2015

Former Boyd Theatre to become TargetExpress store

Alison Burdo Digital Producer- Philadelphia Business Journal

Local fans of Target will soon be able to shop in a shrunk down version of the discount department store as the Minneapolis-based company is set to open a TargetExpress in the former Boyd Theatre.
The same day Target Corp. announced it is selling its store pharmacies and clinics to CVSHealth, a company spokeswoman confirmed the smaller shop would be coming to Philadelphia.

The Minneapolis-based company will open a TargetExpress store at 19th and Chestnut Streets in July 2016, offering fresh groceries, cellphone supplies, beauty items, and other goods in a retail building near the 1920s-era movie palace's facade, company spokeswoman Erika Winkels said Monday.
More TargetExpress stores may follow, with the company said to be eyeing at least one other Center City location.

Last week, the Historical Commission approved several of the developer's redesign proposals for the site, paving the way for a more modern looking retail space complete with a glass facade. Pearl Properties, at that same meeting, was told to rethink its plans for a neighboring 3-story retail building.
[The TargetExpress] store will be 21,000 square feet over two floors, about 16 percent as big as a typical Target store, Winkels said. The 19th and Chestnut location places it in the Raymond Pace Alexander building, a historic two-story structure that would be enlarged through construction of an adjacent three-story retail building, according to the most recent plans.

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