Marshalls, a family clothing chain that touts top-brand merchandise at discount prices, reportedly has a new store location in the works just south of Petoskey.
The News-Review learned from Bear Creek Township supervisor Dennis Keiser that a township building permit recently was issued for construction of a new Marshalls store in Bear Creek Plaza along Anderson Road. That shopping center, developed by Ohio-based RG Properties, already is home to Walmart, The Home Depot, Petoskey Cinema and several other retail stores and restaurants.
Some initial site preparation will take place for the store in the near future, but Gunlock said the bulk of construction will begin next spring. The store space will need to be turned over to Marshalls for fixture installation and other final touches by August, and Gunlock said it’s expected to open sometime next fall.
Marshalls is part of The TJX Companies, which is also the parent company for another off-price retail chain, T.J. Maxx. According to TJX’s website, Marshalls differentiates itself from T.J. Maxx by offering a full line of family footwear and an expanded juniors department. At the end of 2010, the Marshalls chain included 830 stores.
RG sees a niche to be filled for additional fashion offerings at the plaza, and expects Marshalls can help do so.
“We’re excited about Marshalls because we really think it rounds out the offering,” Gunlock said.
Along with the Marshalls store, covering more than 20,000 square feet, the new retail construction will include two smaller retail spaces, with a combined area of 3,000 square feet. Occupants for these have yet to be determined.
“We’ve got a couple of strong tenants that are interested, but we haven’t inked the deal yet,” Gunlock said.
The upcoming construction will fill the last remaining space available for retail at Bear Creek Plaza, on which development began in the mid-1990s.
“We’re out of room,” Gunlock said. “It’s taken a while to get everything we want out there, but we think we offer as good a mix of retailers as are available in the market.”