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Lifestyle choices: 1st lifestyle retail center to open in N.Y.

The Shops at Atlas Park, New York City's first lifestyle retail center, has successfully completed first phase of pre-leasing with Coldwater Creek, Elizabeth Arden Red Door Salon, Jos. A. Bank and Mitchell's Fish Market all signing letters of intent.

Several other deals are in active negotiation.

Situated at the intersection of Cooper Ave. and 80th Street in the Glendale section of Queens, the specialty retail campus is slated to open in 2005.

It will feature a blend of upscale shops, dining and entertainment destinations surrounding a two-acre, open-air landscaped park, along with a 1,400-car parking garage.

"Lifestyle retail is a widely successful concept throughout the nation," explained Damon Hemmerdinger, the project's development director.

"Atlas Park appeals to a number of brands and specialty retailers that do not yet have stores in Queens because it provides the type of environment that they demand in every other market--a dense population in a prosperous neighborhood. Being in Queens also allows Atlas Park to bring some of the best of Manhattan's and Long Island's retailers and restaurateurs together with national tenants, producing a merchandise mix that would be difficult to replicate elsewhere."

Atlas Park's leasing team is targeting fashion retailers, as well as jewelry, shoes, fashion accessories, house wares, gourmet food tenants and a variety of cafes, bistros and restaurants.
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Title Annotation:Retail
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1U2NY
Date:Dec 31, 2003
Previous Article:Space comes up on 80 Broad Street.
Next Article:Metro leases.

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