FURNITURE FIRM PLANS NEW OUTLET WICKES TO LEASE 42,000 SQUARE FEET.Byline: Jim Skeen Staff Writer
PALMDALE - A Wickes Furniture store is expected to be among new tenants of a former Kmart building vacant since the discount chain retrenched in 2002.
The 122,000-square-foot building, one of the largest for retailers in Palmdale, is to be split into four stores under a site plan approved Thursday by Palmdale Planning Director Laurie Lile.
``We look forward to refurbishing the building that has been dark for several years,'' said Dan Otter of Sierra Development Group, one of the partners in the project.
Negotiations are under way with three other potential tenants of the building, located in a burgeoning retail sector near the Antelope Valley Mall The Antelope Valley Mall is an enclosed shopping mall in Palmdale, California.
Opened in September, 1990, its buildings take up around 1 million square feet (90,000 m²). Its physical main building, parking lots, and ring road businesses encompass an area a bit less than 0. , Otter said Thursday. Those talks have not progressed to the point where names can be disclosed, he added.
Work to accommodate the Wickes store could begin within a few weeks. The store - which will take up about 42,000 square feet, almost an acre under one roof - could be ready in five or six months, said Branko Prebanda, an architect working on the building.
Annexes of about 7,000 square feet for a Mimi's Cafe restaurant and about 4,500 square foot for medical offices also are planned in the makeover project.
Work on the Mimi's restaurant could also begin in a few weeks. The restaurant could be open this summer.
Kmart closed the store in 2002 during a companywide retrenchment re·trench·ment
The cutting away of superfluous tissue. from buildings the chain leased and did not own, like the one in Palmdale, built in 1994. Kmart's bankruptcy proceedings bankruptcy proceedings n. the bankruptcy procedure is: a) filing a petition (voluntary or involuntary) to declare a debtor person or business bankrupt, or, under Chapter 11 or 13, to allow reorganization or refinancing under a plan to meet the debts of the party slowed down the sale process, officials said.
With nearly three acres of floor space, the building was acquired last spring from Verizon Capital by Otter's Palmdale-based Sierra Development Group and Century City-based Grae Ventures. The acquisition price was not disclosed.
Sierra Development and Grae Ventures are the same team that established the nearby 18-acre Amargosa Commons shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into on 10th Street West, south of Rancho ran·cho
n. pl. ran·chos Southwestern U.S.
1. A hut or group of huts for housing ranch workers.
2. A ranch. Vista Boulevard. Amargosa Commons brought in a Trader Joe's Trader Joe's is a privately held chain of specialty grocery stores headquartered in Monrovia, California. As of September 2007, Trader Joe's has a total of 284 stores. specialty grocery store, a Circuit City electronics store, a Panera Bread Panera Bread (NASDAQ: PNRA), is a chain of bakery café restaurants in the United States, specializing in serving specialty breads, sandwiches, soups, bakery items, and in select cafés, pizzas and organic potato chips. Corporate history
In 1993, Au Bon Pain Co. bakery-cafe, and a Rubio's Mexican restaurant. Previously, Sierra Development developed the Palmdale Promenade shopping center that contains the west Palmdale Wal-Mart and the nearby Marriott hotel complex.
Illinois-based Wickes Furniture has 31 showrooms nationwide and four major distribution centers: in Chicago, in the Minneapolis area, in Portland, Ore., and in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. .
Tustin-based Mimi's Cafe has some 80 restaurants in nine states, the closest in Valencia.
Jim Skeen, (661) 267-5743