Macy's to Join Nampa Gateway Center
August 07 2008 - 12:41PM
Marketwired
Developers Diversified Realty (NYSE: DDR) has announced that Macy's
will occupy an anchor position at Nampa Gateway Center, a
968,000-square foot, open-air shopping center in Nampa, ID, a
western suburb of Boise.
At 103,000 square feet, the Nampa store will be one-level,
designed specifically for an open-air center concept. It will
include a "main street" entrance configuration, centralized banks
of fitting rooms, and an emphasis on natural lighting via skylights
and exterior windows. The department store will feature a full
range of apparel and accessories for men, women and children, as
well as merchandise for the home.
"We look forward to bringing an exciting new shopping experience
to the Nampa area," said Jeff Gennette, chairman and chief
executive officer of Macy's West, in an announcement issued today.
"Our dynamic store design will offer customers a new shopping
experience and our merchandise selection will deliver fashion and
affordable luxury for our shoppers. We also think the new location
is well-positioned to serve Nampa as well as Caldwell, Meridian and
west Boise."
Nampa Gateway Center now boasts two department store anchors,
JCPenney -- which is open and operating -- and Macy's, which is
expected to open in fall 2009. The two destination retailers will
be connected by a drivable street, which will be lined with
specialty shops. Sports Authority has also signed on and is
scheduled to open in spring 2009, along with an upscale fitness
center. A selection of national and regional specialty shops, a
dozen restaurants and a select service brand hotel will occupy
outparcels on the 104-acre site.
"The addition of Macy's will further enhance Nampa Gateway
Center's position as a regional shopping destination," says Marc
Hays, senior vice president of leasing-specialty centers for
Developers Diversified. "This location is a natural destination for
mainstream fashion retail tenants to add an additional store in the
market and serve the rapidly growing western suburbs of Boise."
The shopping center's architecture is characteristic of the
mountain western states, with an abundance of beautiful natural
stone and timber. The complex will be pedestrian friendly with
inviting walkways and consumer amenities.
Developers Diversified Realty currently owns and manages
approximately 730 retail operating and development properties in 45
states, plus Puerto Rico, Brazil, Russia and Canada, totaling
approximately 157 million square feet. Developers Diversified is a
self-administered and self-managed REIT operating as a fully
integrated real estate company that acquires, develops, leases and
manages shopping centers. More information about Developers
Diversified is available on the Internet at www.ddr.com.
Contact: Scott R. Schroeder Vice President of Marketing and
Corporate Communications Developers Diversified Realty
216.755.5500
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